As the world is anxiously anticipating the arrival of long-awaited vaccines and people are hoping that the new 2021 will bring things back to normal, we are asking ourselves what the future of the global fintech industry might look like in the next twelve months. When the majority of
Fintechs and payments companies need to make staff recruitment a priority as talent pool shrinks Demand for tech professionals in the fintech and digital payments sector bounced back strongly after a short pause during the initial Covid-19 lockdowns. Research by recruitment consultancy Headcount found that the pandemic had fuelled
Green Dot has launched a mobile bank, called GO2bank, targeting the two in three Americans “living paycheck to paycheck”. Green Dot says millions of Americans are unbanked or using expensive methods like cheque cashiers, money orders, and bill pay services to access the cash they need. GO2bank customers will
New report from McKinsey finds strong take up of banking apps, but lack of penetration beyond tech-savvy users. The Covid-19 pandemic has provided a major boost for the fintech sector, with more financial decision makers now using start-up tech companies as part of their every day lives, according to
Sources claim that fintech unicorn Affirm has set its sights on achieving a $9bn valuation in its forthcoming initial public offering (IPO). Announced at the end of November 2020 and backed by Morgan Stanley, Goldman Sachs, and Allen & Company, Affirm’s initial low-ball figure of $100m has now been eclipsed.
Le secteur des Insurtechs est en plein évolution, avec de belles levées de fonds et toujours plus d’acteurs qui viennent révolutionner cette industrie. Chez PCN, nous avons la chance d’évoluer au plus près de cet écosystème et d’accompagner chaque jour celles et ceux qui font bouger les lignes de
Mobile banking has come into its own under COVID-19, but fintechs must adapt to compete with the strengths of incumbent banks. Last November, Starling Bank hit headlines with the announcement it would break even for the first time. What would be a commonplace piece of financial reporting in other
Divvy, an American outfit offering businesses a combination of free expense management software and corporate credit cards, has raised $165 million at a valuation of $1.6 billion. The Series D investment includes new investors Hanaco, PayPal Ventures, Whale Rock, Schonfeld, and participation from previous backers NEA, Insight Venture Partners,
Monument confirms £28 million fund raise
Monument, a digital banking startup for the well-heeled, has landed £28 million in new funding from existing backers and a trio of angel investors. Since inception, Monument has raised circa over £40m in funding, and it is now well placed to complete the build of its technological and operational capabilities and to be ready for launch in the Summer of 2021. The new investors in the firm are Eric Zinterhofer, of Searchlight Capital, entrepreneur Rakesh Loonkar and Harry Handelsman, founder and CEO of the Manhattan Loft Corporation. The startup, which is targeting people with between £250,000 and £5 million
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Based in Amsterdam with multiple offices around the world, PCN is a specialist leading supplier of executive recruitment, RPO services and headhunting in the fintech, payments, SaaS, eCommerce and Cyber security industry.