Fasanara Fintech Weekly

World's First DeFi ETF, iPhones As Payment Terminals, Man United Class of 92 DAO & Other News




Happy Thursday!



In this edition:


  • Three ways fintech will influence the CFO role

  • World's first DeFi ETF to launch in Brazil next month

  • Apple to turn iPhones into payment terminals in fintech push

  • UK fintech investment hits £27.5bn, a sevenfold increase in just twelve months

  • Man United Class of 92 to Create Sports DAO.




 


Three ways fintech will influence the CFO role.



In recent years, CFOs and their teams have reached the intersection of tech and finance innovation, waving goodbye to traditional financial practices and welcoming new and alternative tech solutions. The world of finance is transforming into a reality where fintech is replacing and streamlining entire human-driven processes in accounting, finance, taxation and other money-related fields of business.

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World's first DeFi ETF to launch in Brazil next month.



The world's first exchange traded fund dedicated to decentralised finance networks is due to launch in Brazil next month, deepening the $1otn ETF industry's foray into virtual assets.


The move will allow investors to track a basket of projects betting on decentralised finance, trading and lending networks whose standards are automated and often decided by consensus.


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Apple to turn iPhones into payment terminals in fintech push.




Apple is introducing a new feature that will allow businesses to accept credit card and digital payments with just a tap on their iPhones, bypassing hardware systems such as Block Inc's Square terminals.


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UK fintech investment hits £27.5bn, a sevenfold increase in just twelve months.



UK fintech investment topped $37.3bn (£27.5bn) in 2021, a sevenfold increase compared to 2020, as dealmaking activity soared.


Britain has emerged as a hub for fintech investment post-Brexit, with over 600 M&A, private equity and venture capital deals finalised in 2021, up by 27 per cent compared to 2020. The investment total was boosted by a string of high value deals, with five of the ten largest fintech deals in the EMEA region completed in the UK, according to KPMG data.


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Man United Class of 92 to Create Sports DAO.



Former Manchester United football players including Gary Neville and Paul Scholes are teaming up with wealthy Singaporeans Peter Lim and his son Kiat Lim to create an organization that will allow fans to make sports-related investments alongside them.


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