Fasanara Fintech Weekly

Record Number of European Unicorns, Ant After Breakup, UK Govt Backs Fintech Startups & Other News




Happy Friday!



In this edition:


  • A Record Number of Startups Join Europe’s Fintech Unicorn Herd

  • How Can FinTech Transform Investment Banking

  • PAAS Models Ushering an Era of Bank-fintech Partnerships; Enabling Financial Inclusion for SMEs

  • Ant May Find It Easy to Move on After Breakup

  • The Fintech Startups Backed by The UK Government Future Fund.





A Record Number of Startups Join Europe’s Fintech Unicorn Herd.



At the start of 2021, Europe had just one decacorn—a startup valued at $10 billion or more—in the fintech sector to speak of: Klarna, the fast-growing buy now, pay later platform.


Since the start of the year, the continent has minted another two decacorn startups—Revolut and Checkout—and added a record 19 new fintech companies to the ranks of private company unicorns, Crunchbase data shows.

Read More






How Can FinTech Transform Investment Banking.



The traditional investment banking industry has had a hard time adapting legacy technology – but as the digital revolution continues to sweep across finance, the time for transformation has come.


Read More





PAAS Models Ushering an Era of Bank-fintech Partnerships; Enabling Financial Inclusion for SMEs.



The new generation of fintech players compliment the banks’ infra with their agile tech platforms to make them smart. Offering Platform-as-a-Service (PaaS), such models create cost efficient integrated offerings that link the success of fintechs directly to banks’ business growth.

Read More





Ant May Find It Easy to Move on After Breakup.



Breaking up is hard to do, but China's Ant may be able to move on quickly. Beijing wants Jack Ma's financial technology giant to separate its payments, credit scoring and lending businesses, and is diluting it with assorted government investors. But these stakeholders might be friendly, and the loan operation looks to get a wider business remit.

Read More






The Fintech Startups Backed by The UK Government Future Fund.



The British Business Bank has published a list of the 158 companies in which the Future Fund holds an equity stake. A large number are fintech firms.


Read More





Thanks for your time!