Fintech Focus For October 15, 2021

Quote To Start The Day: “I think the transformation we’re living through now could be every bit as big as the internet was in the 1990s.”

Source: Gary Gensler

One Big Thing In Fintech: Fair and efficient markets.

Everybody wants them. Few are willing to combine the capital and know-how to make it happen.

That’s the key takeaway from a conversation with MIAX’s chief communications officer Andy Nybo. Read below to find out more on how MIAX is disrupting markets with a data, technology and customer service focus.

Source: Benzinga

Other Key Fintech Developments:

• Celsius Network securing $400M.
• Tala taps $145M for crypto offers.
• Aspiration Zero intros a new card.
• Coinbase adds 900K to waitlists.
• Douugh, Zero Hash partnered up.
• Futu, UP facing regulatory clash.
• Republic intros a new $60M fund.
• FactSet acquires Cobalt software.
• DriveWealth, GBM have teamed.
• Coinbase wanting new regulators.
• Foundation promoting UK CBDC.
• HSBC intros Swift pre-validation.
• Synchrony adding BNPL product.
• Rally secured new funding round.
• Sacramento Kings, Ankr team up.
• Codat partners Intuit over SMBs.
• Tradeweb improves portfolio offer.
• StanChart targets BNPL markets.
• iCapital Network doubles footprint.
• Fiserv added digital lending tech.
• Telos has added blockchain tech.
• LendingPoint announces records.
• Veem partners with Visa on offers.
• TradingView added $298M round.
• Currency.com intros crypto offers.
• ViacomCBS, Recur partnering up.
• A16z looking to Web 3 regulation.
• FactSet has added portfolio tools.

Watch Out For This: A core problem of Proof-of-Stake (PoS) blockchains is the opportunity cost of staking.

Source: Paul Veradittakit

Interesting Reads:

• Spaced Ventures secures $1.2M.
• Tinder adds wedding dates offer.
• Analysis: Multinational tax hikes.
• Microsoft will pull China LinkedIn.

Market Moving Headline: Federal Reserve officials broadly agreed last month they should start reducing emergency pandemic support for the economy in mid-November or mid-December amid increasing concern over inflation.

Source: Bloomberg