Fasanara Fintech Weekly

Gen-Z Finance, COVID-led Boom in Fintech, Top 10 DeFi Use Cases & Other News




Happy Friday!



In this edition:


  • How Covid-19 created a massive fintech boom

  • Top 10 decentralized finance (DeFi) use cases

  • Get ready for a talent migration from banks to fintech

  • How to do Gen Z finance in 2022

  • Fintech cash injection from Canadian pension fund reignites calls for UK schemes to ‘step up’.




 


How Covid-19 created a massive fintech boom.



Despite fears at the start of the pandemic, Covid-19 has proven to be a boon for fintech companies looking to invest.

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Top 10 decentralized finance (DeFi) use cases.



Traditional finance has found its hideout as DeFi has started to take control. However, the future is very much clear as DeFi has arrived here. DeFi is a fundamental driver of disruption in blockchain technology. It has improved old financial procedures, but it has also pioneered new financial concepts such as synthetic assets. As the financial sector undergoes a rapid shift due to DeFi, it's past time for you to explore new alternatives.


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Get ready for a talent migration from banks to fintech.




Marquee brands in financial services and technology as separate entities are losing employees to the fintech industry, a fast-moving combination of the two fields. Fintech is attracting and retaining the best talent out there, while banks are struggling to cater to a new generation of finance talent focused on innovation. The tradition of banks as the “face” of finance is waning, and banks may eventually become the regulated back-end infrastructure for the new face in fintech.


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How to do Gen Z finance in 2022.



Millennials were the neobanks’ bread and butter. But seven years since the likes of Monzo and Revolut first emerged on the scene, the new kids on the block are Gen Z.


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Fintech cash injection from Canadian pension fund reignites calls for UK schemes to ‘step up’.



In what it described as a move to promote financial inclusion for 100 million buy now, pay later (BNPL) users, TransUnion has launched a new suite of solutions designed to help these people get and establish credit.


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