All You Need To Know In Fintech For November 26, 2021

One Big Thing In Fintech: Former secretary of state Hillary Clinton has called for increased regulation of cryptocurrency markets in an interview.

Source: Block

Other Key Fintech Developments:

• Visa investing in fintech Basiq. (NYSE:V)
• Marqeta, Mastercard team-up. (NASDAQ:MQ) (NYSE:MA)
• RoboMarkets added to its app.
• Stripe accepts crypto payment.
• NY Fed starting fintech center.
• Fico ships a new loan platform. (NYSE:FICO)
• Lydia offers crypto functionality.
• JPM weighing a deal with Viva. (NYSE:JPM)
• TV’s Pierce Crosby on manias.
• Freetrade will double valuation.
• Saudi Arabia is pushing digital.
• Asilimia raises $2M in a round.
• Archax taps Scila for new tech.
• Tide opens banking suite offer.
• Revolut acquired fintech Nobly.
• New Order adds $4M for DAO.
• SubQuery plans Acala launch.
• Morgan Stanley building portal. (NYSE:MS)
• Afterpay unveils subscriptions. (OTC:AFTPY)
• Coinbase acquires BRD wallet. (NASDAQ:COIN)
• Credit Clear refreshes offering.

Watch Out For This: The $1.7 trillion “social infrastructure” legislation passed by the House and now before the Senate would spur growth, expand employment and boost productivity with limited inflationary impact, according to Moody’s.

Source: Banking Dive

Interesting Reads:

• EU passing laws against tech.
• Avoiding Russia-Ukraine war.
• Virus variant spurs restriction.
• China will limit Tencent usage.
• Map of the top fintech players.

Market Moving Headline: If there’s a single stat to capture the insatiable appetite for stocks this year, it’s the sum of cash that went into equity funds.

Investors have poured almost $900 billion into equity exchange-traded and long-only funds in 2021 — exceeding the combined total from the past 19 years — according to analysts at Bank of America Corp. (NYSE:BAC) and EPFR Global.

Source: Bloomberg