AWS Startups Blog

Tag: finance

Keeping It Simple: 8 Securities CEO Mikaal Abdulla on Value and Data in Fintech

With booming growth and a focus on innovation, the fintech industry is clearly poised to see significant advancements in the near future. As customers—especially younger generations—gravitate toward the ease and efficiency of mobile options to satisfy their financial needs, even large institutions have begun adapting to meet demand by offering digital documentation and app-based banking functionality. Still, no one in the industry would argue that many of the nimblest new products come from the startup world, where forward-thinkers can build from the ground up. 8 Securities, a mobile-only investment service based in Hong Kong, is one such company looking to change the paradigm of finance.

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OakNorth Turns Risk into Opportunity with Tech

By now, it’s commonplace for banks to claim the mantle of “tech company.” But for OakNorth, tech and banking truly go hand-in-hand. Its data and technology platform, OakNorth Analytical Intelligence (ONAI), allows it to do balance sheet lending via OakNorth Bank in the UK, profitably originating over £2 billion without a single default or late payment since its launch in September 2015. Outside the UK, it licences its ONAI platform to banks and other lenders, operating as a PaaS business on the strength of its unique tech.

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AWS billing dashboard

Getting started with AWS cost management

After you have created your first AWS account and applied security best practices, you may next want to start tracking your AWS costs so that you can stay within your budget. With AWS, you only pay for what you use, which results in a variable cost model, much like a utility bill. The more you […]

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