Lithuania’s Fintechs Defying Global Downturn with 80% Revenue Increase, Says New Report
- 1 year 7 months ago
- FinTech StartUps
The fintech sector remains buoyant in Lithuania, defying a global investment downturn, according to a new review of performance in 2022. The Fintech Landscape in Lithuania 2022-23 Report from Invest Lithuania notes an 80% increase in the income generated from all licensed Lithuanian fintechs’ banking activities in H1 2022 over the same period in 2021, reaching €375 million.
Government Launches National Hub to Turbocharge FinTech Growth
- 1 year 7 months ago
- FinTech StartUps
The government has announced the launch of a national hub for FinTech, named the Centre for Finance, Innovation and Technology (CFIT), to drive the growth of the sector on a global scale. CFIT is supported by £5.5 million of Treasury and City of London Corporation funding and will boost growth and innovation, championing businesses and fostering job creation across the sector.
CleverTap's Fintech Benchmark Report: Only 1 in 5 Users that Install Fintech Apps Sign Up within Week One
- 1 year 7 months ago
- FinTech StartUps
CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and "stickiness" for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer "stickiness" by engaging users in effective... more
SEA&SA 83% Drop in Fintech Startups; Investors Opt for Risk-averse Strategies
- 1 year 7 months ago
- FinTech StartUps
In 2022, the countries of South & Southeast Asia saw a YoY decline of 83% in new fintechs, with only 349 startups emerging in the region. However, the volume of investments has not decreased so dramatically, with investors choosing less risky strategies, as revealed by the analytical centre of Robocash Group.
What’s in a Name? The Importance of Branding in Fintech
- 1 year 7 months ago
- FinTech StartUps
William Shakespeare's immortal line that starts with, “what's in a name," suggests that monikers we use don't really matter. That may have been true for Romeo and Juliet but, in business, names matter. If customers can't identify a brand, they're less likely to use it, which, in turn, is bad for business.
Fintech Yatra to Offer $100 Million Capital to FinTech Startups with 25 VCs
- 1 year 7 months ago
- FinTech StartUps
The Fintech Meetup’s 5th edition of the annual Fintech Yatra is set to flag off in Mumbai from today. At least 25 VCs have tied up with Fintech Yatra 2023, which will offer $100 million in capital and identify and explore investments in the most promising fintech startups. The team this year shall undertake a 12,000 km journey across 20 cities, interacting with an estimated 400+ fintech startups.
Green Fintech ekko to Now Offer its Services to Businesses and Banks
- 1 year 7 months ago
- FinTech StartUps
London-based, green fintech ekko is gearing up for a year of sustained growth. Today, the company revealed a series of unique product updates, and has opened up its service to employers, banks and payment providers for the first time. These exciting announcements come ahead of the imminent announcement of the company’s expert advisory board.
11:FS and Visa Partner to Spotlight Regional Fintech Excellence in New Podcast
- 1 year 7 months ago
- FinTech StartUps
Challenger consultancy 11:FS has launched a new podcast, Fintech Insider: Focus, in partnership with Visa. Co-hosted by 11:FS Group CEO and Co-Founder David M. Brear alongside regional experts from Visa, the show dives into challenges, opportunities, and trends across key regions with deep insights coming from Visa’s regional co-hosts and local guests.
Highlights from iFX EXPO Dubai 2023 – Throwback to the Largest MENA Fintech Gathering
- 1 year 8 months ago
- FinTech StartUps
iFX EXPO Dubai 2023 was a resounding success in the financial and fintech space, attracting over 3500 attendees and over 120 industry-leading brands. Held at the Dubai World Trade Centre from the 16th to the 18th of January 2023, the event featured over 100 speakers and provided a platform for networking and learning from industry leaders. With an impressive list of sponsors and exhibitors, the event covered a wide range of services and products... more
Tracxn Releases its Fintech UK Report: Total Funding into Fintech Startups falls by 13% in 2022
- 1 year 8 months ago
- FinTech StartUps
Tracxn, a leading global SaaS-based market intelligence platform, has released its Fintech UK Report. The report, based on Tracxn’s extensive database, provides insights into the UK’s Fintech space. The UK has been one of the top Fintech centres and has even been dubbed the global Fintech capital. In terms of startup funding, Fintech is the leading segment in the country.
InvestChile Publishes E-Book on New Fintech Law in Chile
- 1 year 8 months ago
- FinTech StartUps
From this year, Chile has had a new law to regulate and promote the Fintech industry. And so that the information is readily and quickly available to foreign investors, InvestChile has published its new e-book "Fintech Law: Keys to the new regulations for the sector in Chile."
Navian Nominated as One of the Most Innovative Start-ups of 2022 by Finnovating
- 1 year 8 months ago
- FinTech StartUps
Navian is thrilled to announce that we’ve been nominated as one of the most innovative start-up companies for 2022 by Finnovating - a leading global platform connecting over 70.000 tech start-ups, corporations and investors to collaborate, invest and scale globally.
Meet the Winners of the UF AWARDS MEA 2023
- 1 year 8 months ago
- FinTech StartUps
Recognising the most prestigious brands in finance and fintech in the Middle East and Africa
Tracxn Releases its Fintech India Report - 2022: Total Funding in 2022 Falls by 47%, Compared with the Previous Year
- 1 year 8 months ago
- FinTech StartUps
Tracxn, a leading global SaaS-based market intelligence platform, has released its Fintech India Report - 2022. The report, based on Tracxn’s extensive database, provides insights into India’s Fintech space.
Latin America Raises its Appeal for FinTech Business in 2023
- 1 year 8 months ago
- FinTech StartUps
The fintech services in Central and Latin America are already experiencing a real boom in terms of consumer demand for fintech solutions. The unique demographic situation gives a way to a large prospective audience of consumers that use fintech services. Latin America and the Caribbean collectively have 669 million population, a high level of urbanisation that contributes to maximum fintech penetration (82.5%), and an average age — 31 years,... more