Author: Lucas Peterson
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Superapp Wants To Revolutionize FinTech World!
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This month, n1u will be launched on the market. Leading fintech companies developed the virtual wallet to provide young people with intuitive, comprehensive, secure, and fun access to the world of finance. The super-app is the first to combine various functions in one place and feature cryptocurrencies. Moreover, it was…
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Bafin Chief Sees No Risk Of Contagion From U.S. Bankruptcy Turmoil!
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The German Federal Financial Supervisory Authority (Bafin) is not very concerned about the bank failures in the U.S. for the German financial market.
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Five Brand New FinTech Startups We’re Keeping An Eye On!
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It’s time for new startups again! Here are some very young FinTech startups that everyone should know about. Today we are featuring the following young companies: Kapnative, Pyne, DeReg, Sinpex and Vermögensheld.
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Regulators Fight Against The Sudden Death Of Startup-Friendly Banks!
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It was a blow to the heart of the startup industry wit the potential to destroy thousands of startups and hundreds of VC funds: The sudden death of Silicon Valley Bank (SVB) and Signature Bank has sent shockwaves through the startup industry not just in the U.S., but around the…
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Australian Paytech Company Till Payments Receives $46 Million In Series D Funding!
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Australian payments company Till Payments has successfully closed an AUD 70 million ($46 million) Series D funding round led by Silva Fortune. The new capital raise follows the $80 million Series C in October, which valued the company at A$500 million ($350 million).
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Italy’s Central Bank Chief Is Pissed Off At His Chatty ECB Colleagues!
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Italy’s central bank chief Ignazio Visco criticizes interest rate comments by his colleagues on the ECB’s possible further tightening course after March. He openly criticized his hawkish colleagues for making statements when officials had agreed not to give such guidance.
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Binance Denied Forbes Allegation Of Misused Security Deposits!
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The world’s largest crypto exchange by trading volume, Binance, is facing new allegations. Allegedly, Binance moved customer funds that were supposed to be used to secure certain stablecoin deposits. The procedure is “eerily similar to the manoeuvres of FTX,” writes the business magazine “Forbes.” Binance denied the Forbes allegations.
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Financial Regulator BaFin Investigates Decentralized Crypto Project Uniswap!
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A few days ago, the decentralized crypto exchange Uniswap launched its wallet. But there are teething problems: First, Apple did not approve the app, and now trouble with the German financial regulator is looming.
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Post From The Regulator: FinTechs On Bafin’s Radar!
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BaFin is likely to monitor FinTechs more closely after the debasement in the Wirecard case. That certainly can’t hurt. Check 24’s C24 Bank and Solaris have recently received unpleasant notices from financial regulators.
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Winter Office: Berlin FinTech Rents Mansion By The Sea For Employees!
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Despite fintech winter, Raisin allows employees to work from home abroad and pays for their accommodation. The company has rented a villa in Greece over the winter, where up to ten colleagues can set up their laptops simultaneously.