FINTECH

The impressive growth of the crypto market and Bitcoin’s price rally have turned 2021 into a record year for crypto miners. According to data presented by TradingPlatforms.com, crypto miners generated $1.3bn in revenue last month, the highest value so far.

Think Bigger Capital, Demium’s Asset Management Company announces its first fund (TBF I) which has a target size of €30M and focuses on investing in technology and innovation companies in Europe.

Recent years have witnessed a surge in the number of fintech loans as an appealing alternative to traditional banking services. Although the coronavirus outbreak has affected the fintech lending industry, the unified market is still expected to maintain steady growth.

Recent years have witnessed a surge in the use of robo-advisors as an appealing alternative to conventional investing. These online platforms gained massive popularity among investors, mostly because of their lower saving entry points and cheaper fees.

According to data gathered by Finanso.se, the three leading European online-only banks hit $1.9bn in overall fundraising as of February. With total funding of $837 million, Revolut represents the highest funded digital bank in Europe.