Daily Fintech Newsletter | Feb. 21st, 2021
Hi!
In case you missed it, please see below today's most relevant fintech news.
In the last few years, Nigeria turned into one of the African countries with the most prominent fintech space with innovative solutions that helped shape the financial ecosystem. FinTechs in Nigeria want to grab a slice of its un-banked population - believed to be around 60 million people - more than a quarter of the country’s 200 inhabitants. Link here.
Among the inequities many Black and Latinx consumers in the US face, one of the most concerning is the lack of access to necessary financial products and services. Link here.
The Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds. According to a Feb. 12 report by The Australian Financial Review, the commission addressed the subject after previously rejecting a Bitcoin ETF initiative by local company Cosmos Capital. Link here.
Analysis by Israeli NGO Start-Up Nation Central (SNC), has revealed that January 2021 saw record investments in Israel during a single month. Six start-ups raised more than $100M each (mega-rounds) during the month, totaling 73% of the total, record-breaking $1.44 billion raised by Israeli firms in January. Link here.
On the heels of filing for an IPO, Marqeta, Inc has added credit cards to its open API issuing and processing platform. Link here.
GoCardless, a global fintech in recurring payments, has announced the opening of an office in New York City as it embarks on a hiring drive to grow its global headcount by two-thirds. 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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