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The UK is still the No.1 Fintech ecosystem in the world. This is according to a recent report published by GOV.UK’s Department for International Trade. The Fintech industry adds around £7 billion to the UK economy and employs more than 60,000 people across the country. More than a third of the top 50 international Fintech companies are based in the UK across various technologies, including mobile payments, peer-to-peer...
Staff are the single most valuable ‘resource’ of any business. Their motivation and engagement in the company has clear impacts on its success . Fortunately, employee motivation and engagement do not rely on indulgent rewards, nor on ruling your workforce with an iron fist. The best approach for motivating employees and thus driving your business forward is to build a culture of accountability. With employee performance...
Blog by CEO Marcel van Oost - FinTechFans.com Award-winning New York Times and Wall Street Journal contributor,  Ron Chernow , once said,  “Market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during a long bull market.” The start of 2018 has not been kind to the cryptocurrency markets,...
March 2018 has been an interesting month for FinTech investment. MEDICI™’s recent report shows a staggering 150% month-on-month growth in FinTech VC investment, increasing from $1.4 billion in February 2018 to $3.49 billion in March 2018.  (Image Source: goMEDICI.com ) Key takeaways from the report Leading Countries The US has maintained its investment lead within the industry, managing to acquire a...
In achieving our long-term vision of fuelling FinTech innovation by connecting specialist and companies all over the world, it is vital that we establish a strong presence in the global marketplace. As such we will be opening offices and launching local websites for our job board in various strategic positions worldwide. This will help us to better serve the local job markets as well as enable FinTech companies to reach the best...
Blockchain-based smart contracts, like the FintechCoin Contract launched on the Ethereum blockchain, are making their presence felt in the overseas money transfer industry. Ripple appears to be at the forefront of using blockchain to disrupt the international remittance industry. MoneyGram was the first overseas money transfer company to put Ripple’s smart contracts through a testing phase, and next to follow was Western Union...
The city of love seems to have found a new companion in financial technology. In Q3 2017 alone, France’s FinTech investment nearly hit $80 million, with the overwhelming majority of that relating to Paris. The actual transaction value was well over $80 billion. (Source: KPMG - The Pulse of FinTech Q3 2017 ) Apart from being a top tourist destination ( ranked 3 rd in the world in 2016), Paris seems to be coming...