Site icon Daily Fintech

Part 2. A round up of recent news about FinTech innovation from the Rest.

On one day in April I ran a simple experiment. I typed Fintech into a search engine and hit News and looked at the top 10 news items through a West or Rest lens.

Among the top 3 results, 2 have a Rest slant with one being an Indian company and the other being a US company aiming at the Latin America market.  The only purely American story is a rather cynical one about celebrities and SuperBowl.

Going to the next 7, the West scored a bit better with 5 Stories from West with two having a negative slant. The Rest was over represented by India with two Indian ventures.

West, positive:

https://www.crowdfundinsider.com/2022/04/189994-fintech-seon-which-specializes-in-fraud-prevention-acquires-94m-in-funding/

https://www.finextra.com/blogposting/22159/government-should-turn-to-fintech-for-badly-needed-digital-identity-system

https://www.nwahomepage.com/business/press-releases/cision/20220419TO26249/impression-ventures-closes-its-fourth-fund-for-disruptive-early-stage-fintech/

West but negative due to regulation

https://www.crowdfundinsider.com/2022/04/189900-fast-evolving-fintech-sector-poses-significant-challenge-for-regulators-report/

Indian venture

https://www.yahoo.com/now/fintech-kinara-capital-secures-usd-100500500.html

West but negative due to overcrowded market

https://techcrunch.com/2022/04/17/fintech-roundup-the-gloves-are-off-in-the-spend-management-space/

Another Indian venture

https://www.msn.com/en-in/money/news/fintech-recur-club-raises-dollar30-mn-from-infoedge-ventures-village-global-others/ar-AAWmMSz

From this small experiment it is clear that innovation capital is flowing to the Rest.

Some subjects are too complex for our short attention spans, so we do 4-5 posts one week apart, each one short enough not to lose your attention but in aggregate doing justice to the complexity of the subject. Stay tuned by subscribing.

Part 1

Part 2

Part 3

Part 4

Part 5

Daily Fintech’s original insight is made available to you for US$143 a year (which equates to $2.75 per week). $2.75 buys you a coffee (maybe), or the cost of a week’s subscription to the global Fintech blog – caffeine for the mind that could be worth $ millions.

Skip to toolbar