Fintech Focus For July 23, 2021July 24, 2021

Fintech Focus For July 23, 2021

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Quote To Start The Day: “You know, everybody in the world will take a shower every morning but they don’t clean their brain.”

Source: Peter Reznicek

One Big Thing In Fintech: Q2’21 was the largest funding quarter on record. Across 657 deals, global VC-backed fintech companies raised a record $30.8B, shattering last quarter’s funding record by 30%. This impressive funding growth was accompanied by a modest 2% deal growth quarter-over-quarter (QoQ) and a 29% increase year-over-year (YoY).

Source: CB Insights

Other Key Fintech Developments:

  • Snapshots of fintech M&A themes.

  • Thesis adds $21M Series A round.

  • GlobalX has filed for a Bitcoin ETF.

  • Visa bought Currencycloud fintech.

  • Upgrade launches BTC credit card.

  • Tiicker closed on a pre-seed round.

  • Barclaycard tackles B2B payments.

  • Symphony added Google for cloud.

  • Currency.com joins an association.

  • Magic raises $27M Series A round.

  • Cambridge Savings eyeing fintech.

  • HMBradley is shifting to invite-only.

  • Core Scientific to offer on Nasdaq.

  • Analyzing – the first bitcoin country.

  • Spendesk nabs $118M for its tech.

  • Prodigal adds $12M to streamline.

Watch Out For This: Professional traders with a retail background are few and far between.

This is due in part to the obstacles to success — a lack of direction and understanding, psychological alignment, among other things — so few manage to pass on their wisdom.

A mentor to many, Peter Reznicek, the co-founder and head trader at ShadowTrader, is a seasoned market veteran with whom Fintech Zoom had the honor of speaking.

Reznicek details his early start, perspectives and tips for success, as well as his vision for the future.

Source: Fintech Zoom

Interesting Reads:

  • 5 criteria for digital transformations.

  • Covid increasing in hot-spot areas.

  • Pomp: Fix the money, fix the world.

  • JPM’s Dimon is staying more years.

Market Moving Headline: A bipartisan group of senators is closing in on a $579 billion infrastructure deal after agreeing to pay for it in part by delaying a costly Trump-era Medicare regulation, but they don’t expect to announce details until at least Monday.

Source: Bloomberg

See more from Fintech Zoom

© 2021 Fintech Zoom.com. Fintech Zoom does not provide investment advice. All rights reserved.

Fintech Focus For July 23, 2021

Tags: Fintech News

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