Sunday, February 26, 2017

Russian banks co-operate on FinTech accelerator

Four Russian banks are working in collaboration with MasterCard and Accenture to run a FinTech lab and accelerator to engage with local startups. Read more: www.finextra.com

FinTech accelerators in Singapore, Hong Kong and South-East Asia

Accelerators and incubators play an important role within a startup ecosystem, as they provide a platform for young teams and startups to connect. Read more: fintechnews.sg

750 startups apply to join YES Bank’s inaugural accelerator

The first cohort of YES FINTECH has received phenomenal response from the global community of startups, with 753 applicants around the world. Read more: www.finextra.com

Hong Kong FinTech market lagging due to unclear policies

Hong Kong, which many consider as the Asian centre of FinTech is struggling to see consistent growth in its FinTech and Bitcoin markets. Read more: cointelegraph.com

US regulatory environment threatens the rise of FinTech

The growth of FinTech is challenging governments to devise new regulations to meet the demands of the burgeoning industry. Read more: techcrunch.com

Top VC says Amazon is set to rule the FinTech game

It's likely to be tech giant, Amazon, that captures the market for Internet payment services, according to Alex Rampell. Read more: fortune.com

Klarna and LendInvest backer Atomico closes new $765m fund

European VC Atomico has closed its fourth fund at $765m, making it one of Europe’s largest tech funds to date. Read more: www.fintechroundup.com

Singapore to ease VC rules to promote startup financing

Singapore is proposing to ease regulations for venture capital managers including shortening their application process in a bid to promote financing for startup development. Read more: www.bloomberg.com

IoT banking: logical evolution or true revolution?

There is tremendous excitement about how internet of things (IoT). The financial services industry is caught up in this excitement too. Read more: www.postonline.co.uk

ManchesterStory launches FinTech fund with $31m

A new FinTech, healthcare and InsurTech-focus venture capital fund ManchesterStory is launching with an initial $31m to invest. Read more: www.fintechroundup.com