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Fintech Nexus Newsletter (April 15, 2024): Fintech Nexus is for sale

Those of you following along closely will know that Fintech Nexus sold its event business to Fintech Meetup in June of last year. We have been focused on digital media since then.

Now, we have taken a further step to put our digital media business on the market. 

We have been making quiet inquiries with select organizations over the past month. While we are talking with several interested parties, we have decided to broaden our reach by making this news public.

If you want to learn more, we have a short form where you can send us expressions of interest, and our team will contact you.

In the meantime, I want to be clear that everything will continue as usual. 

Now, back to our regular programming.


> Fintech Nexus is pursuing a sale of its assets

By Peter Renton

Fintech Nexus is for sale and we are currently seeking expressions of interest.



From Fintech Nexus

> What is DREX, Brazil’s central bank’s up and coming digital currency

By David Feliba

After Pix and Open Finance, the central bank of Brazil is closing in on the launch of Drex, its central bank digital currency.


Podcast

Tommy Nicholas, CEO & Co-Founder, AlloyTommy Nicholas, CEO & Co-Founder, Alloy

Tommy Nicholas, CEO & Co-Founder of Alloy on fighting fraud

Fighting fraud for banks and fintechs is more challenging today than ever before. But there is reason for optimism in this…

Listen Now


Also Making News

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    Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said.
  • USA: Fintech partner banks facing ‘volatile mix’ of supervisory scrutiny
    Recent months have seen an uptick in enforcement actions against banks engaging in banking-as-a-service strategies. Observers are split on whether that enhanced scrutiny is temporary or terminal.
  • Global: Temenos rejects Hindenburg claims after probe completed
    Shares in core banking provider Temenos have risen upon news that an investigation commissioned by the company found that accusations of mismanagement by short seller Hindenburg Research were “inaccurate and misleading”.
  • USA: Wall Street Powers Goldman to Higher Quarterly Earnings
    Revenue from investment banking and trading, the bank’s traditional powerhouses, surged.
  • Global: Revolut Valuation Raised 45% By Schroders Shows Fintech Rebound
    One of Revolut Ltd.’s shareholders thinks the firm is 45% more valuable than a year ago, in a sign that investors are starting to thaw on the fintech sector.
  • UK: UK digital bank Zopa turns profit as it eyes IPO
    SoftBank-backed fintech aims to offer current accounts to existing customers by end of 2024.
  • USA: The CFPB’s proposed data sharing rule: How banking insiders are reacting
    The agency’s new proposal has been a long time coming, and it could reshape how consumers interact with their personal financial data.

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