The General Data Protection Regulation (GDPR), will enter into force in the second quarter of 2018, with the aim to strengthen and unify data protection inside the European Union. New laws on data protection and privacy will bring some new challenges and a whole new set of great opportunities. Continue reading Are You Ready for the GDPR?
With slightly more than six million residents across Estonia, Latvia and Lithuania combined, the fintech profile among Baltic states is on the rise. Consider some of the leading fintech players that were formed in the Baltics, such as Latvia’s P2P leaders Mintos, Twino and VIAINVEST or blockchain innovator BitFury , Estonia’s Transferwise and Lithuania’s PaySera – a money-transfer companies worth more than $1 billion now, or Skype, which is the product of Swedish and Estonian innovation, proving fintech plays are quite active in the Baltic region of the European Union. Continue reading The Baltic Region Boasts Tech Prowess
January is always a good time to take a look back at what has happened in the past twelve months and think about what lays ahead in the new year that has just started. For the fintech industry, 2018 will bring a mix of what has been trending lately and some new topics that we have included in points below. Continue reading 5 Fintech Trends for 2018
London mayor Sadiq Khan believes that the capital city could replace Silicon Valley as the go-to destination for tech startups based on venture capital (VC) momentum. Of the GBP 2,99 billion in VC funding that poured into UK-based tech plays in 2017, approximately 80%, or GBP 2,45 billion, was directed toward London-based tech companies, as per Pitchbook data gathered for London & Partners. Continue reading London Takes Spotlight for VC-Backed Tech
Bitcoin has taken the financial world by storm, and now it’s changing the face of the sharing economy, including peer-to-peer lending. Startups on the blockchain are increasingly taking the form of bitcoin-driven P2P lenders, while others, such as Fast Invest, which has been a traditional lender for the past few years, are expanding their business model to include cryptocurrencies. Continue reading Risks and Rewards of Cryptocurrency-Driven P2P Lending Platforms