Mastercard Partners Australian Fintech Stables to Enable Stablecoin Payment

The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week. American multinational financial services firm Mastercard Inc (NYSE: MA) has entered into a strategic partnership … Read more

UK Announces £5.5M Program in Support of Fintech Industry

The newly announced hub, dubbed the Centre for Finance, Innovation, and Technology, is designed to unify talents across all fields in support of the fintech space. The UK Treasury and the City of London Corporation are rolling out a £5.5 million program to support the fintech industry. The UK fintech space is growing massively and … Read more

Sequoia and a16z Make More Investments in Fintech than in Any Other Sector in 2022

Leading VC giants Sequoia & a16z undertook several investments in the fintech space in 2022, more than any other sector. Sequoia Capital and Andreessen Horowitz (a16z) reportedly invested more in fintech than any other sector last year. Both leading venture capital firms made sizable investments in fintech despite the tech downturn that characterized much of 2022. For instance, Sequoia … Read more