Tinkoff, Just Getting Started
TCS Group Holding, which runs Russia's leading online bank (Tinkoff), has become an investor's darling and is considered as a technology and a banking play. Capitalising both on the post-pandemic recovery and on a faster digital transformation in Russia.
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JPMorgan Moves Further Into FinTech
To counter threats from fintech companies like Stripe and Block, JPMorgan Chase has agreed to buy a payments startup named Renovite.
Nubank, South America's Champion
David Vélez, Cristina Junqueira and Edward Wible launched Nubank in 2013 after becoming dissatisfied with the Brazil's banking services. The company secured a $2 million seed investment from Sequoia Capital and Kaszek Ventures.
Banks Roar Back While Fintech Lenders Struggle
Bank stocks have posted strong outperformance against the S&P500 in recent weeks after a dramatic sell-off in the first half of 2022.
Affirm, A Buy-Now-Pay-Later Winner?
Affirm, located in San Francisco, is a publicly traded financial technology startup. The company, which was founded in 2012, is a financial lender that provides consumers with instalment loans that they can use to finance purchases at the point of sale.