This week our consultants introduced you the next insights based mostly on their expertise as buyers, entrepreneurs & executives.
Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency pockets, that lets customers handle bitcoin and crypto, with out non-public keys or passwords and Weekly Columnist at Every day Fintech) @iliashatzis wrote Lightning Network grows as Bitcoin rises
With bitcoin’s worth rising once more, the adoption of the Lightning Community can also be on the rise. The Lightning Community is a second layer on high of the Bitcoin blockchain, that permits non-public fee channels to be established between customers. The Lightning Community has skilled continued progress at an growing fee, within the variety of nodes, the variety of channels, and community capability over the previous a number of months. For the primary time, the Lightning Community has exceeded 25,000 lively nodes, indicating that the community is turning into extra highly effective. Since July, the variety of channels has elevated to 65,323 and expanded their capability by roughly 78%, from 1,800 to over 2,379 BTC, based mostly on information from 1ml.
Editor be aware: A great overview of the expansion & improvements of Lightning Community which is so essential to the way forward for Bitcoin.
Tuesday Bernard Lunn, CEO of Every day Fintech and writer of The Blockchain Economy wrote: Fintech is now big and mainstream, but that does NOT make it boring
When the primary wave of Fintech bought rolling after the 2008 monetary disaster, the thought of taking over the monetary institution was solely a gleam within the eye of the wildest futurists. One Bitcoin was price small fractions of a US greenback and reaching parity was a large future milestone that few thought would occur.
In late August 2021, BTCUSD is in mid $40okay vary and in accordance with analysis by UBS, Fintech trade revenues will greater than triple from USD 150bn in 2018 to USD 500bn in 2030, implying a median annual progress fee about 3 times quicker than the broader monetary sector’s.
Editor be aware: Fintech is an enormous progress market, however what buyers need to know is which Fintech firms are greatest positioned to develop quick and which really are rising quick (slightly than overhyped “progress shares” with too excessive valuations).
Wednesday Alan Scott Managing Director EMEA at 24 Change @Alan_SmartMoney wrote his weekly roundup of Stablecoin news.
Rintu Patnaik, an Insurtech skilled based mostly in India, wrote: The Themes Spurring Insurance Mergers and Acquisitions
Mergers and acquisitions (M&A) in insurance coverage are thriving on the again of macro components – low rates of interest, pandemic-related impacts and deepening specialization. As an illustration, in life and annuities, fairness and reinsurance offers are removed from abating, with value competitors amongst reinsurers making a vendor’s market. The frenzy so as to add digital capabilities in response to altering buyer expectations, is spurring investments. Within the EY-2021 Digital Investment Index, world FIs reported that the M&A route to enhance digital capabilities surpassed ROI expectations 52% of the time versus 45% and 31% for partnerships and in-house initiatives.
Editor be aware: Required studying for all funding bankers.
Christian Dreyer @x3er, the Swiss based mostly CFA who focusses on how XBRL modifications our world wrote his weekly roundup of XBRL news.
Friday Howard Tolman, a well known banker, technologist and entrepreneur in London, wrote his weekly roundup of Alt Lending news.
To proceed receiving ‘This Week in Fintech’, the weekly recap of our articles, you will want to fill this form to present us consent to ship this to you. Please be aware that Every day Fintech requires your organizational electronic mail deal with (e.g. company, academic or authorities) and your LinkedIn URL. This data is required for subscribers who need ‘This Week in Fintech’ without cost. If you prefer to not provide this information, you can still receive all our content by becoming a paying member.