Author: nripn

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬𝐁𝐚𝐬𝐞 𝐘𝐞𝐚𝐫: 20232018-2023 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 : 2024-2032 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐢𝐧 𝟐𝟎𝟐𝟑: 𝐔𝐒𝐃 𝟏𝟏.𝟗 𝐁𝐢𝐥𝐥𝐢𝐨 𝐧𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐢𝐧 𝟐𝟎𝟑𝟐: 𝐔𝐒𝐃 𝟒𝟓.𝟔 𝐁𝐢 𝐥𝐥𝐢𝐨𝐧𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 : 𝟏𝟔.𝟏% (𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐)?The fintech market size in the UK has reached 𝐔𝐒𝐃 𝟏𝟏.𝟗 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in 2023. Looking ahead, IMARC Group expects the market to reach 𝐔𝐒𝐃 𝟒𝟓.𝟔 𝐁𝐢𝐥 𝐥𝐢𝐨𝐧 by 2032, showing a rate growth (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟏𝟔.𝟏% during the period 2024-2032.𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐨𝐫𝐭: https://www.imarcgroup.com/uk-fintech-market/requestsample𝐔𝐊 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 :The UK fintech market is primarily driven by the country’s established financial services infrastructure and a thriving digital ecosystem that fosters innovation. As one of the…

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Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month Tenity, an innovation ecosystem specializing in early-stage fintech startups, is calling for applications for the ninth batch of its accelerator program in Singapore. THE Fin/Tech Accelerator Tenity Singapore The program aims to support start-up businesses looking to grow and enter new markets. The program offers startups a pre-seed investment of SGD70,000 in exchange for 2.5% equity, as well as a potential follow-on investment of up to SGD350,000, based on case-by-case assessments . There is also a SGD15,000 participation fee for the program. Participants will benefit…

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Apple (AAPL) was snubbed by the investment company Jefferies (JEF) late Sunday. Jefferies analyst Edison Lee downgraded Apple shares from Buy to Hold, citing concerns about inflated expectations for its new AI-enabled iPhones.Lee said smartphone hardware is not yet advanced enough to accommodate the kind of high-tech artificial intelligence that iPhone analysts and consumers are hoping for.“Near-term expectations for iPhone 16 and even iPhone 17 are too high,” Lee wrote in a note to investors Sunday evening.Big tech companies have been racing to innovate generative artificial intelligence technologies and secure their place in an AI-dominated market. Until this summer, Wall…

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Egyptian fintech startup Bokra has partnered with the Canadian International College (CIC) to launch an EGP 10 million (US$207,000) fund to support Egyptian students aspiring to become entrepreneurs. Launched in 2023 based on the belief that finance must be inclusive, transparent and socially responsible, Boukra has developed an application that offers personalized and balanced financial and investment planning across different asset classes, built for the first time on asset-backed securities. The startup raised a US$4.6 million pre-seed round funding earlier this year, and has now launched its own fund aimed at enabling changemakers with disruptive ideas at CIC to embark…

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Speculation took root after a user on X claimed such a limitation on October 24. The controversial post attracted massive attention, garnering over 250,000 views, with a high engagement rate reflected by its 420 retweets and almost 2,000 likes. Coinbase quickly resolved the situation, with a spokesperson clarifying that the allegations were unfounded and confirming that no such policy was in place restricting Bitcoin withdrawals when converting to Coinbase cash balances. Coincidentally, this rumor surfaced during major crypto exchanges including Coinbasesaw massive outflows on the same date, with the price of Bitcoin reaching the $35,000 mark. Historically, these capital outflows…

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Buy now, pay later (BNPL) is an emerging trend that has quickly gained traction. It allows consumers to purchase goods and services immediately while deferring payment over a series of installments, often without interest or fees if payments are made on time. Source: stock.adobe.com by panuwat The growth trajectory of BNPL services is remarkable, with Juniper Researchforecasting an increase from 380 million users in 2024 to more than 670 million worldwide by 2028. This substantial growth of 107% will be driven by the anticipated economic slowdown, which will increase demand for low-cost credit instead of traditional banking solutions. Demographically, BNPL…

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Public restrooms for all genders at Starbucks Reserve cafe and bar, Manhattan, New York. (Photo by: … (+) Lindsey Nicholson/UCG/Universal Images Group via Getty Images)UCG Group/Universal Images via Getty Images Culture wars risk killing progress on fintech board diversity Despite consistent empirical evidence that various boards and companies perform bettera backlash of “anti-woke” sentiment is sweeping through the financial services sector. Women occupy only 16% of private company board seats and only 4% for women of color. And even though female fund managers are make progress By entering venture capital boards, the essential force behind private company governance, they risk…

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TAIPEI (Reuters) – Taiwan’s Foxconn Group, the world’s largest contract electronics maker, beat expectations by posting its highest-ever third-quarter revenue on strong demand for computer servers. artificial intelligence (AI).Revenue at Apple’s largest iPhone assembler jumped 20.2 percent year-on-year to 1.85 trillion Taiwan dollars ($57.3 billion).“The result exceeded the company’s initial expectations of significant growth,” Foxconn said in a statement Saturday.It was also ahead of the $1.79 trillion LSEG SmartEstimate, which places more weight on analyst forecasts that are more consistently accurate.Strong demand for AI servers led to strong revenue growth in its cloud and networking products division, said Foxconn, which…

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Tenity, a global innovation ecosystem and early-stage venture capital firm with a strong focus on fintech, has partnered with AMINA Bank to leverage its crypto banking services as well as mentorship for eligible companies from the company’s extensive startup network. Tenity. In case you are wondering what AMINA Bank is and don’t understand why it is important to team up with such a name, it is because you are not aware of it. AMINA was renamed SEBA Bankthe pioneering crypto bank regulated by FINMA. FinanceFeeds has covered SEBA Bank extensively over the years, including regulatory license approvals such as in…

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Artificial intelligence is expected to transform the way companies do business, including financial planning and investment management. This means financial advisors need to get involved or risk being left behind. “They need to realize that an AI apocalypse is coming,” said Craig Iskowitz, CEO and founder of Ezra Group, a strategy consulting firm for asset managers and broker-dealers. Of course, financial advisors have been using certain technologies, like financial planning software, for years. Others are now adopting AI to facilitate operational workflows, such as meeting summaries and emails. Still, experts expect a sea change as AI eventually becomes more ingrained…

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