Daily Fintech Newsletter | Apr. 13th
Hi!
In case you missed it, please see below today's most relevant fintech news.
Clim8 Invest, a London-based sustainable investing platform, has launched its app after an eight-month beta testing period with a promise to help fix the “dysfunctional” landscape for ethical investing. Link here.
Orum.io, a New York startup with about 40 employees, aims to shrink money movement times down to 24 hours. It has raised $21 million in “Series A” funding led by Bain Capital. Link here.
Buy Now, Pay Later (BNPL) firm Afterpay has teamed up with payments platform Adyen to offer its installment payments to retailers around the world, according to a press release Thursday (April 8). Link here.
Money remains a hush-hush topic in India. Adults hardly discuss finances with each other, much less with their kids, and, as a result, Indian children grow up without any real understanding of money management. Link here.
At the age of 14, Jacklyn Rome saw firsthand how divorce can impact families, and how arguing about finances both during and after the process can impact children. Link here.
Young investors face a plethora of issues when trying to find actionable information to motivate their investing decisions. These Gen-Z’s and Millennials have created makeshift solutions such as informal group chats on WhatsApp, Messenger and GroupMe to share information and learn from one another. Link here.
Australia-based global FinTech company Finder, founded in Australia in 2006, has announced to have acquired the GoBear brand as it accelerates its global expansion. Link here.
Mohamed A., founder of Emaar and e-commerce platform Noon.com, will chair Zand, the world’s first digital bank to provide both retail and corporate banking services. Link here.
FinanZero, a Brazilian online credit marketplace, announced that it has closed a $7 million round of funding — it’s fourth since it launched in 2016. It has raised a total of $22.85 million to date. Link here.
This ends my Daily Fintech Newsletter. Let me know if there are any questions or news/insights worth mentioning in the next newsletter. Until the next!
Regards,
Marcel van Oost
marcelvanoost.com
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