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Fintech Focus For August 26, 2021

·1 min read
Fintech Header
Fintech Header

Quote To Start The Day: "Patience is a virtue, and I'm learning patience. It's a tough lesson.”

Source: Elon Musk

One Big Thing In Fintech: One of the major reasons the NFT trend is so spectacular is because it transforms the value proposition for creators. Instead of enlisting a publisher, gallery, or record label to monetize creative works, artists can carve out a larger slice of the total pie. This paradigm shift also breaks down the traditional stratification between consumers and creators.

Source: Crunchbase

Other Key Fintech Developments:

  • Horizon, Dash team on blockchain.

  • Flink raising for financial inclusion.

  • BBVA’s Aqua enters Latin America.

  • Douugh added a new robo advisor.

  • Cloud adoptions will remain robust.

  • Neobank Nerve caters to creatives.

  • Citi lays groundwork for BTC trade.

  • F10 added new fintech accelerator.

  • Binance not capable of supervision.

  • South-East Asia fintech landscape.

  • Cosaic adds new no-code platform.

  • BoA granted record patent number.

  • Bloomberg finishes index rebrands.

  • FinTech Frontier adds new partner.

  • Paradigm leads Series A for Euler.

  • MovoCash expands fund transfers.

  • Coinbase deploys Solarisbank KYC.

  • NatWest launches new renters app.

  • Balance secures a $25M Series A.

  • Fiserv striking up new partnerships.

  • Visa and Ascenda team over APAC.

  • Everyware added new certification.

Watch Out For This: Commercial real estate, given a multiyear boom in demand, may offer investor portfolios diversity and income.

In unpacking commercial real estate as an investment, Tom Zuber of Zuber Lawler led a Benzinga Reopening Stocks Summit conversation between Ian Selig of Safehold Inc and David Auerbach of World Equity Group.

Source: Benzinga

Interesting Reads:

Market Moving Headline: “Even if the central bank were to complete tapering by August 2022, as JPMorgan expects, there may still be an additional $850 billion to $1 trillion of additional liquidity injected into the financial system.”

Source: Bloomberg

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