All You Need To Know In Fintech For November 29, 2021

One Big Thing In Fintech: Co-founder and CEO of AI data analytics start-up, Qi, says retail investors now dominate equity flows, which will force institutional investors to assess their cost structures, performance and how they use data.

Source: The Trade

Other Key Fintech Developments:

• Monzo adds card to Flex offer. 
• Experian intros digital updates. (OTC:EXPGY)
• Revolut entered physical POS.
• TabTrader added $5.8M round.
• Klarna sees its loss quadruple.
• BISON intros new saving offer.
• Ninety-Nine adds to payments.
• OnePipe secures $3.5M round.
• Japan plans a digital currency.
• EU moves on crypto proposals.
• Bitfinex launches FIX gateway.

Watch Out For This: South Africa has angrily condemned travel restrictions imposed by countries including Britain as “knee-jerk and draconian” as it scrambled to assess the potential for the new Covid-19 variant to unleash a deadly fourth wave.

Source: The Guardian

Interesting Reads:

• Black Friday shoppers not out.
• Tesla will start new production. (NASDAQ:TSLA)
• A love letter to clearinghouses.
• Jobs report to show increases.
• US gas prices are set to drop?
• Omicron vaccine will be ready.

Market Moving Headline: There has been a slight hawkish shift from the Fed recently. So far market effects are small, but we see tendencies of a stronger USD, higher real rates and more volatility in risky assets. We expect those trends to be reinforced in 2022.

Source: Nordea