Fintech News Daily 2019 September 16 22
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Fintech News Daily 2019: 16 – 22 September

Top fintech news from the global financial services industry

Top fintech news daily 2019 from 16-22 September curated by the VisibleBanking.com team with the help of our fintech community.

In this series, we aim to curate only the very best, most insightful fintech news from all over the world.

Fintech News Daily: Contribute!

We invite you to help us by submitting any article (in English) you believe is highly relevant and/or voting for your favourite article.  Last but not least, please share your comments on any of those articles via the straight forward comment section available on every entry.

We curate your submission, so please no self-promotion or vendor success stories here.  Alternatively, feel free to enquire for our sponsoring opportunities.

All published content and contributors will get visibility on this article as well as on our trusted and well-followed twitter account and Christophe’s LinkedIn profile.

Fintech News Daily: 16-22 September 2019

#1 10 UK FEMALE-LED FINTECH FIRMS TO WATCH

"According to Innovate Finance’s latest Venture Capital Investment Report, only 17 per cent are set up by women, a frustrating statistic for an industry that aims to foster fairer and more inclusive financial services.

While the reasons for the lack of female leadership are varied and complex, what remains clear is that women make great FinTech entrepreneurs and often outperform many male-led start-ups.

Here are 10 up-and-coming UK female FinTech firms to watch out for, according to leading investors, industry peers and influential champions."

Source: business cloud.co.uk

submitted by Christophe Langlois

#2 Payments innovation could cost banks $280B by 2025

"According to Accenture, global payments revenue is set to grow by 5.5% annually over the next six years from $1.51trn to $2.09trn, presenting as much as $500bn in new revenue for banks to gain."

Source: verdict.co.uk

submitted by Christophe Langlois

#3 InsurTechs achieved record-breaking $3B in investments in H1 19

"Global fundraising for InsurTechs neared a record-breaking $3 billion in the first six months of 2019 and is on track to reach $6 billion by year-end, says “The InsurTech M&A Market Report,” a new report from Hampleton Partners, an international mergers and acquisitions (M&A) advisor. In 2018, InsurTech investments reached $4.2 billion for the entire year, which was a 27% increase over 2017."

Source: propertycasualty360.com

submitted by Christophe Langlois

#4 House of Insurtech launches underwriting-as-a-service platform

"London-based House of Insurtech has launched a new cloud-based 'underwriting-as-a-service' platform, called Insurforce, that aims to lower administration cost, and increase flexibility for insurers, MGAs and brokers"

Source: intelligentinsurer.com

submitted by Christophe Langlois

#6 AIA enters insurtech with snappy 3-minute-to-buy online platform

"The development comes in the wake of a push by the Insurance Authority in September to encourage insurers to use insurtech, or technology such as big data to reduce costs and enhance services. Last month AIA introduced a robot called Andy to answer insurance-related questions from customers."

Source: South China Morning Post

submitted by Christophe Langlois

#7 Hyderabad Fintech Forum launched with 600 members

"Start-ups engaged in financial technology (fintech) can now look to a better exchange of ideas and innovation in technology in the Banking, Financial Services and Insurance (BFSI) sectors at the Hyderabad FinTech Forum (HFF)."

Source: theindubusinessline.com

submitted by Christophe Langlois

#8 Profits at UK fintech unicorn TransferWise jump to £10m

The company's chief executive Kristo Käärmann said that “A lot of fintech companies have grown fast and grown big and can command high valuations and raise a lot of money. It looks to me that we're one of those rare breeds of unicorn who are also profitable and sustainable.”

Source: telegraph.co.uk

submitted by Christophe Langlois

#9 UK's Monzo, Revolut rule list of top 50 banking tech start-u

"Onfido, Monzo and Revolut topped the annual FinTech 50 list, which is created by a panel of experts from firms including Standard Chartered, UBS, Mastercard and venture capital firm Accel.

The list ranks the most innovative European firms which are disrupting the world of banking. Five British firms made it into the top 10 of the list."

Source: telegraph.co.uk

submitted by Christophe Langlois

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What do you think?

Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.

Fintech News Daily 2019 September 08 15

Fintech News Daily 2019: 08 – 15 September (Open list) (14 submissions)

Fintech News Daily 2019 September 23 29

Fintech News Daily 2019: 23 – 29 September (Open list) (14 submissions)