30 Apr 2024
The rising interest rate cycle of the last two years has been accompanied by the deterioration of capital market conditions, adversely affecting most fintech start-ups. Investors discounted valuations, making raising new equity capital significantly more challenging compared to the era of zero-cost money. Simultaneously, for operational start-ups t...
04 Apr 2024
Fintechs have been challenging traditional banks for a few decades now. Since the inception of the sector, fintech service providers were aiming to solve the inefficiencies present in legacy models: provide better coverage, accelerate transactions, reduce transaction costs. The umbrella term covers a diverse lot of companies from peer-to-peer paym...
06 Mar 2024
One of the driving forces behind two decades of fintech’s success has been their ability to mitigate inefficiencies in customers’ relationships with traditional financial institutions: provide access to financial services to those who were previously unbanked, simplify transactions that used to be arduous, and decrease transactions costs. The pand...
15 Feb 2024
Many central banks around the world are now pursuing projects of central bank digital currencies (CBDC), digital tokens backed and issued by monetary regulators. According to the latest evaluation by the economists at the Bank of International Settlements (BIS), four monetary authorities – those of Nigeria, the Bahamas, the Eastern Caribbean, and ...