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Home DeFi

Part 2. A round up of recent news about FinTech innovation from the Rest.

by ethozedge
May 10, 2022
in DeFi
Reading Time: 4 mins read
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On one day in April I ran a simple experiment. I typed Fintech into a search engine and hit News and looked at the top 10 news items through a West or Rest lens.

Among the top 3 results, 2 have a Rest slant with one being an Indian company and the other being a US company aiming at the Latin America market.  The only purely American story is a rather cynical one about celebrities and SuperBowl.

Going to the next 7, the West scored a bit better with 5 Stories from West with two having a negative slant. The Rest was over represented by India with two Indian ventures.

West, positive:

https://www.crowdfundinsider.com/2022/04/189994-fintech-seon-which-specializes-in-fraud-prevention-acquires-94m-in-funding/

https://www.finextra.com/blogposting/22159/government-should-turn-to-fintech-for-badly-needed-digital-identity-system

https://www.nwahomepage.com/business/press-releases/cision/20220419TO26249/impression-ventures-closes-its-fourth-fund-for-disruptive-early-stage-fintech/

West but negative due to regulation

https://www.crowdfundinsider.com/2022/04/189900-fast-evolving-fintech-sector-poses-significant-challenge-for-regulators-report/

Indian venture

https://www.yahoo.com/now/fintech-kinara-capital-secures-usd-100500500.html

West but negative due to overcrowded market

https://techcrunch.com/2022/04/17/fintech-roundup-the-gloves-are-off-in-the-spend-management-space/

Another Indian venture

https://www.msn.com/en-in/money/news/fintech-recur-club-raises-dollar30-mn-from-infoedge-ventures-village-global-others/ar-AAWmMSz

From this small experiment it is clear that innovation capital is flowing to the Rest.

Some subjects are too complex for our short attention spans, so we do 4-5 posts one week apart, each one short enough not to lose your attention but in aggregate doing justice to the complexity of the subject. Stay tuned by subscribing.

Part 1

Part 2

Part 3

Part 4

Part 5

Daily Fintech’s original insight is made available to you for US$143 a year (which equates to $2.75 per week). $2.75 buys you a coffee (maybe), or the cost of a week’s subscription to the global Fintech blog – caffeine for the mind that could be worth $ millions.

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Published by Bernard Lunn

Bernard Lunn is a serial entrepreneur working at the intersection of media and Fintech. Bernard combines big picture thinking with pragmatic execution. He has lived/worked in America, Europe and Asia and done business in 40 countries. He began in the engine room of Fintech working for companies such as Misys and Temenos. Consult with Bernard on all matters related to sales/marketing as well as strategic issues related to when/how to raise capital/exit and when/how to expand into adjacent markets either organically or via acquisition.
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