Tag: economics
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Top 5 books about Finance
If you want to learn more about finance in order to better understand fintech, there are a few books that are must-reads. Even though fintech is actually a lot ‘tech’, you cannot really forget that it is finance after all. Without it, there is no fintech. Therefore, understanding basic financial concepts is quite key, especially…
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Are low interest rates good for Banks and Fintechs?
As the fallout from the Covid-19 pandemic takes its toll on economies around the world, central banks are cutting their base rates (or discount rates) to new lows. This is the rate at which a commercial bank can borrow from a central bank, like the Fed in the USA or the ECB in the Eurozone,…
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Fintech funding reaches new records
It seems that when it comes to funding for fintech startups, sky is the limit… Investors splash the cash on British startups as per City A.M. As quoted in this article, according to data released by consultancy KPMG, fintech funding is reaching new records. Fintech companies in the UK have attracted $48.5bn (£37.4bn) of investment…