From Online payment to eCommerce
UK fintech community comes together to build Covid Credit and let sole traders self-certify lost income
It all started with a tweet from 11:FS co-founder Simon Taylor. If the U.K. government could be persuaded to provide financial support to the self-employed during the Coronavirus crisis, as it has already pledged for full-time employees, then Open Banking technology could be used to self-certify lost income, and therefore overcome one of the main […]
e27 Webinar: How to be the best version of yourself
March is the time to celebrate enterprising women. And e27 chose to do so with the award-winning journalist, documentary filmmaker, writer, strategic communications advisor, founder and passionate advocate of inclusivity in the workplace — Prerna Suri. She joined us early this month to shed her thoughts on inclusivity and authenticity. While we focus on embracing […]
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Revolut launches its neobank in the US
European fintech startup Revolut is launching its app and service in the U.S. Starting today, anybody can sign up and get a Revolut debit card. In the U.S., Revolut has partnered with Metropolitan Commercial Bank for the banking infrastructure — deposits are FDIC insured up to $250,000. In just a few years, Revolut has managed […]
COVID-19: Delayed revenues, worrying burn rates top challenges for Series A-B firms in SEA
With COVID-19 gripping the world, killing hundreds of people every day and felling companies, startup founders in Southeast Asia are a worried lot. They are already feeling the pinch and struggling to salvage their business. ‘How long will the crisis last?’ and ‘How to deal with a prolonged situation that may last more than 12 […]
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Afternoon News: gojek’s senior management donates 25 per cent of annual salary to COVID-19 affected partners
gojek’s senior management donates 25 per cent of annual salary to pandemic affected partners Indonesia’s ride-hailing company gojek has announced a support fund for drivers, merchants and other partners, who have been adversely affected by economic slump caused by the COVID-19 pandemic. The capital in the support fund will come from 25 per cent of the […]
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Study: Most Singaporeans are ready to adopt digital-only bank
Close to 65 per cent of Singaporeans are open to the idea of adopting a digital-only bank, according to the Visa Consumer Payment Attitudes Study. Based on the study, 84 per cent of Singapore respondents indicated that they would be interested in using digital banking services offered by an existing bank. Seventy-five per cent of […]
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