Cameron pushes massive FinTech job growth agenda

FinTech

Innovate Finance has published its ‘UK 2020’ manifesto calling for a surge in FinTech jobs, garnering support from David Cameron on his Asian trade envoy.

Innovate Finance, an industry lobby group for the financial technology (FinTech) industry, said it wants the UK to create 100,000 new sector jobs by 2020, adding to the 135,000 it currently supports.

As part of his trade mission to South-East

P2P Lender SocietyOne Appoints Mitchel Harad as CMO

Former Vice President of world’s largest online marketplace lender joins Australian fin-tech leader

As the pioneer of marketplace lending in Australia, SocietyOne is still a young company,” said Greg Symons, co-founder of SocietyOne. “Mitch brings a unique level of maturity and experience as CMO that will be instrumental in driving the business forward.

MAS commits $225m to fintech growth in Singapore

The Monetary Authority of Singapore (MAS) has committed S$225 million ($166.48 million) over the next five years, to growing the segment of the startup ecosystem in Singapore.

Increasingly, the non-financial players are using technology to offer innovative solutions, mirroring services traditionally offered by financial institutions (FIs), particularly in the realm of digital

Self-lender Credit Builder Raises $2m Seed Funding

improve-bad-credit-rating

Financial tech startup Self Lender moves to Austin, grabs more seed funding
The credit system in America isn’t great. It’s hard for people to establish and rehabilitate their standing inside of it.

 

Self Lender takes on the problem by letting people borrow a small sum of money that is held in escrow. The debt is paid back over a period of three, six, nine

Fintech a Growth Market, Blockchain a Game-changer

Blockchain Enabled Digital Ledger Technology

However, the underlying technology of the blockchain is different altogether.

Open Trade Docs (formerly Debune) and Otonomos are two interesting use cases. Otonomos in particular helps manage all your commercial corporate actions in the blockchain. NASDAQ is already working with a blockchain startup to allow the trading of shares of privately-owned firms.