Daily Fintech Newsletter | Apr. 30th
Hi!
In case you missed it, please see below today's most relevant fintech news.
Q1 2021 was the largest and most active quarter ever for FinTech financing. Total financing dollar volume reached $29.1 billion, a level that is higher than the annual volume of 2017 as well as the annuals totals of all the years prior. With 756 financing transactions in the quarter, Q1 2021 had over 200 more deals than Q4 2020, which was the previous record high. If this pace continues for the rest of the year, 20201, is sure to be the FinTech sector's biggest year ever. Link here.
Check out the latest 2021 FinTech map from Malaysia by Fintech News Malaysia! Link here.
Currently Latam is home to 16 unicorns, of the +600 unicorns worldwide. The US is home to +330 of them, so we can say that for every Latam Unicorn, the US has 20. Link here.
I like to highlight Angel Investors from my Angel Syndicate. This week’s Q&A is Craig Dixon who is running his own syndicate on Angel List. Link here.
Vyne, the specialist account-to-account payments platform for eCommerce, is announcing a partnership with Kinetic, the UK’s leading provider of student accommodation, event and catering management software for 80% of the UK and Ireland's universities. Link here.
HIPS Payment Group (hips.com), a provider of innovative and cost-effective e-commerce and mobile payment solutions, and The Payment House, a Nordic, European, and Global entity that is the leading payment processor for taxi companies in Scandinavia, announced their partnership, which will enable payment with cryptocurrency in over 20,000 taxis in Scandinavia and 10,000 taxis in the UK. 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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