Fintech Focus For July 22, 2020

Fintech Header

Daily Perspective: Your time is limited, so don’t waste it living someone else’s life. - Steve Jobs

Fintech Movers: DARPA-backed blockchain analytics firm CipherTrace today unveiled “predictive capabilities” for its crypto tracing software—a move designed to better help cryptocurrency exchanges and similar businesses flag and freeze transactions that may be linked to criminal behavior. - Decrypt

  • Hippo insurtech raises $150M.
  • Xinja Bank to intro US platform.
  • Mercado Pago gathers support.
  • Fed ready for a digital currency.
  • BlockFi eyes a $50M Series C.
  • Chip to offer savings accounts.
  • FDIC eyes fintech partnerships.
  • Meemo pushes social finance.
  • Robinhood delayed expansion.
  • Flow lands Dutch PSD2 license.
  • Western Union, TrueMoney team.
  • Plum raises $10M for money app.
  • Flywire unveils student data app.

Benzinga Global Fintech Awards Spotlight:

Every year Benzinga, a leading news and data platform, holds the Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space.

Ahead of the November 10, 2020 event, this newsletter will highlight one disruptive innovator working to create positive and diverse change in the financial services space.

Today's disruptive innovator is Green Check Verified, a cannabis banking software, and service solution.

For a chance to make your mark on the future of innovation and be featured in this newsletter, check out our Global Fintech Awards!


Watch Out For This: Presidential candidate Joe Biden outlined a sweeping plan on Tuesday aimed at breathing life into the coronavirus-battered U.S. economy by investing $775 billion in caregiving programs. - Reuters

Chart by BofA Global Investment Strategy and EPFR Global, from Market Ear. 

Market Moving Headline: European Union leaders agreed on an unprecedented stimulus package worth 750 billion euros ($860 billion) to pull their economies out of the worst recession. - Bloomberg

  • Auto claims see a 50% drop.
  • Tesla analysts remain divided.
  • Coca-Cola predicts challenges.
  • Netflix tests new subscriptions.
  • Spotify intros video podcasts.
  • Boeing 737 may fly October.
  • LNG buyers cancel cargoes.
  • Snap stock drops in late trading.
  • LatAm markets stage recovery.
  • Ally eyes stronger performance.
  • United improves its cash burn.
  • Identifying quality growth picks.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: FintechAlly FinancialBlockFiBoeingchipCoca-colaDecryptDrone Survey Unveils Gender GapElon Musk PayoutEU StimulusFDICFedFlorida's Record Virus DeathsFlowFlywireFord BroncoGreen Check VerifiedHippoJeep WranglerJoe BidenLNGMeemoMercadoNetflixPlumPSD2RobinhoodSnapChatSpotifySteve JobsTeslaUnited Airlineswestern unionXinja
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!
fintech-banner
Fintech Focus Newsletter

Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!