Talk of a ‘bubble’ in fintech, or of the sector ‘peaking’ misses the point about the transformation of finance by technology. In the grand scheme of disrupting an industry that’s been around for hundreds of years, we’re only at the very beginning of that transformation. From payments and foreign exchange to the way we ensure our pets to the birth of new brands in banking, each vertical in finance is now a honey pot for investors looking to back the next generation of financial services. This infographic explores why that gold rush isn’t stopping any time soon, as innovation continues to thrive.
Want to dine, drink and network with some of London’s fintech stars? There’re still a few tickets left for the Fintech Innovation Awards! Taking place on the 13th of April at The Brewery, the event will feature keynotes from London mayoral candidate Zac Goldsmith and Professor Dan Ariely, as well as Julia Streets as host and Alan Dedicoat ‘Voice of the Balls’ as the Voice of God. To secure your place, register your interest here, contact Stephen McMaugh or call +44 (0) 208 080 9164.
The European Central Bank will extend its quantitative easing programme for nine months beyond next March, but scale back the level of bond buying from €80bn to €60bn a month.
The European Commission fined Credit Agricole, HSBC and JPMorgan Chase a total of €485m for manipulating the price of the financial benchmark.
The AAOIFI, which sets standards for the Islamic finance industry, has adopted Shariah-compliant rules for trading the metal.
Investors had anticipated that the Italan premier´s proposed constitutional reforms would be rejected, although the margin of defeat was heavier than expected.