Fintech Focus For August 26, 2021

Quote To Start The Day: "Patience is a virtue, and I'm learning patience. It's a tough lesson.”

Source: Elon Musk

One Big Thing In Fintech: One of the major reasons the NFT trend is so spectacular is because it transforms the value proposition for creators. Instead of enlisting a publisher, gallery, or record label to monetize creative works, artists can carve out a larger slice of the total pie. This paradigm shift also breaks down the traditional stratification between consumers and creators.

Source: Crunchbase

Other Key Fintech Developments:

• Horizon, Dash team on blockchain.
• Flink raising for financial inclusion.
• BBVA’s Aqua enters Latin America.
• Douugh added a new robo advisor.
• Cloud adoptions will remain robust.
• Neobank Nerve caters to creatives.
• Citi lays groundwork for BTC trade.
• F10 added new fintech accelerator.
• Binance not capable of supervision.
• South-East Asia fintech landscape.
• Cosaic adds new no-code platform.
• BoA granted record patent number.
• Bloomberg finishes index rebrands.
• FinTech Frontier adds new partner.
• Paradigm leads Series A for Euler.
• MovoCash expands fund transfers.
• Coinbase deploys Solarisbank KYC.
• NatWest launches new renters app.
• Balance secures a $25M Series A.
• Fiserv striking up new partnerships.
• Visa and Ascenda team over APAC.
• Everyware added new certification.

Watch Out For This: Commercial real estate, given a multiyear boom in demand, may offer investor portfolios diversity and income.

In unpacking commercial real estate as an investment, Tom Zuber of Zuber Lawler led a Benzinga Reopening Stocks Summit conversation between Ian Selig of Safehold Inc and David Auerbach of World Equity Group.

Source: Benzinga

Interesting Reads:

• OnlyFans axes its content decision.
• China stock concerns get dismissed.
• How Cook grew Apple over tenure?
• Could COVID lead to autoimmunity?

Market Moving Headline: “Even if the central bank were to complete tapering by August 2022, as JPMorgan expects, there may still be an additional $850 billion to $1 trillion of additional liquidity injected into the financial system.”

Source: Bloomberg