Tag: FinTech

Over the past decade, a host of fintech startups have popped up around the world, looking to both capitalize on existing business and bring investing ability to new markets. Bambu, a Singapore-based company that has built a robo-advising platform, is focused on the latter.

Companies like Google and Facebook use mountains of proprietary data to offer customized experiences to their users, a strategy that’s somewhat limited to new-age tech companies. Crayon Data, a Singapore-based big data and AI start-up is working to change that.

Hackathons challenge us to question our norms and assumptions, as well encourage us to break boundaries and change the status quo. That is why DBS Bank, a Singapore-based multinational bank, has been running and sponsoring over 50 hackathons across Asia over the past five years, bringing together the brightest minds to brainstorm new banking solutions for modern-day problems.

Cash flow problems are among the most common that small and midsize businesses deal with. Regardless of industry or location, guaranteed access to funding is a primary concern. And according to Daniel Goldberg, CEO of Bridgement, the complications facing these businesses in South Africa can be especially high. On average, it takes five weeks for […]

From unanticipated service failures to load-related performance degradations, infrastructure event readiness planning is critical for handling seasonal traffic spikes gracefully and dynamically. Without proper preparation, your best sales day could become your last. Gain insights into how Elaine Arbaugh, Senior Software Engineer and SRE tech lead, at fintech startup Affirm managed the massive influx of activity during the 2018 Thanksgiving and Cyber Monday shopping weekend by building a scale-up, fault tolerant, database system that was able to handle 5x a normal day’s scale.

Join us for an inside look into FinTech startups building on AWS! We will be joined by some startups from the financial industry, including Betterment and Even Financial, to discuss how they got their start, their company missions, and how Amazon Web Services helped them accomplish their architectural goals.

Founded in Berlin in 2016, Elinvar offers an e-commerce model that combines business to business (B2B) and business to consumer (B2C). It’s a platform that allows independent discretionary portfolio managers and private banks to provide customized digital offerings to their upscale clients.

Founded in 2013, Arkose Labs offers an array of tools to help enterprises protect themselves against fraudulent activity. The San Francisco-based company works within a variety of industries, including retail, gaming, marketplaces, and travel. Check out the above interview of CEO and cofounder Kevin Gosschalk to learn more about how the team at Arkose Labs thinks about outsmarting fraudsters.

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.

As some economies develop, small businesses that also develop and grow can sometimes be left out in the rain when searching for capital. Banks frequently look for collateral to be posted with loans, which can be difficult for smaller companies. This gap in offering is exactly where many startups are flourishing via assessing companies credit statuses through atypical methods or data, and providing financing to the previously underserved. Konfío, a fintech startup founded in 2013, does just that for micro-businesses throughout Latin America.