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825 Results from /startups

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Breaking the cryptocurrency stigma: Epiphyte

"It's a sensitive space, people still associate it with criminality and dubious activities - like the internet in the early days" When Finextra wrote a story about Epiphyte winning the Innotribe startup award - it was received with scepticism by some of our readers. When you're talking about cryptocurrencies and banks - you're bound to g...

/startups Future Finance

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Should SMEs be worried about Aldermore’s false start?

Last week’s Aldermore news left some SMEs in doubt of the future for challenger banks. The British banking newcomer cancelled its planned IPO, despite a valuation of £880m, citing a lack of interest among investors. Shortly afterwards, Virgin Money announced that it has also postponed its flotation for the same reason. Both firms are highly visible...

/regulation /startups

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A novel way of splitting the bill: going Dutch

"It's a seamless way to split the bill - as opposed to antiquated ways like sending money, or IOUs" Startups around the world are jumping at an opportunity to simplify the bill-splitting process. While the method of how we pay has improved vastly over the years - the way in which we split the bill is as much of a cultural problem as it is...

/retail /startups Future Finance

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Innovation is ...

Over recent weeks I seem to have spent a lot of time in the innovation space, with plenty of talk about being innovative, creative and forward thinking. However, given the very different angles that each of the individuals I was speaking to were coming at it from, the question came to mind around what exactly do we mean by innovation. Odd as it ma...

/startups

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5 CHOICES TO PICK AN ORIGINATION MODULE

The credit risk associated over a loan lifecycle can be best arrested at the time of originating the loan itself. So, Invariably there is a need to have a more robust process and an intelligent system in place for evaluating a borrower than simply following the spreadsheet model and penning down large volumes of data on a piece of A4 size paper. ...

/retail /startups Financial Risk Management

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A superhero among lending villains: Creditable

“I don’t like hearing about people going to a payday lender for a loan. If they do, I’ve failed as a banker” says Sechaba Ngwenya, CEO of Creditable. His startup sits in a place where banks don’t want to go. A place overflowing with savage payday lenders - exploiting vulnerable people in problematic financial situations like professional loan shark...

/retail /startups Future Finance

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Vince Cable: Smoke and Mirrors or the key to SME lending?

The latest initiative in Cable’s crusade for UK SME lending looks to take the risk away from the high street banks and place it on the Government. This will be achieved by guaranteeing challenger banks’ loans to small businesses, that the high street banks don’t want to lend to, in order to stimulate the economy. The programme would enable smaller...

/startups

Paramdeep Singh

Paramdeep Singh Manager - Fin. Services Business Solutions at HCL Tech

Forget the 'Forgot Password?'

When was the last time you clicked “Forgot Password” to recover the password for a dormant account on some mail server, blog, social networking site etc.? I think the days are not far when you won’t even get a chance to see “Forgot Password” on most of the websites. The advancement made with the use of technology in the field of authentication is ...

/startups

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Fintech startups: A week in review

Y Combinator puts out an RFS (request for startups) Y Combinator, the big fish in the accelerator pond, has put out a request in the form of a blog post. They want to ignite the spark in entrepreneurs’ minds with a few suggestions. Requests include: A startup with the potential to create a million jobs, a startup that will solve America’s broken h...

/startups

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Crowdfunding to the moon: InvestUP

“Back in the 1960s when they were landing on the moon, everyone came together, it wasn’t the U.S. landing on the moon, it was mankind” says James Tuckett, founder and MD of investUP (or just UP), the ‘world’s first crowdfunding supermarket’. It’s an aggregator, a central access point, a platform to give you control over the plethora of debt and equ...

/wholesale /startups Future Finance

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