REMIX. Our line-up will be released over the next few months, but since REMIX has sold out for the last three years in Sydney this is your chance to secure a ticket for the lowest price!
We're delighted that REMIX Sydney will this year be hosted by UTS. Their City campus is in the heart of Sydney's innovation precinct and bordering Sydney's CBD. UTS is a dynamic and innovative university in central Sydney. One of Australia’s leading universities of technology, UTS has a distinct model of learning, strong research performance and a leading reputation for engagement with industry and the professions. University of Technology Sydney, 15 Broadway, Ultimo NSW 2007. Great talent with great insights in a great space where people were ready and primed to soak it all up. Smart City. A genuine smart city starts from its proper DNA, the knowledge of the city, the society and the stakeholders Read more Data, and open data in particular, yield various information flows and allow us to conduct analyses, thus generating knowledge Read more.
BNP Paribas to acquire 95% stake in French neo bank Compte-Nickel. BNP Paribas is to acquire a 95% stake in Financière des Paiements Électroniques, which runs innovative French neo-banking startup Compte-Nickel.
Compete-Nickel, which provides an online payments account, has proven hugely popular since launch three years ago. Customers can open an account, get an IBAN and receive an International Mastercard at a newsagent in less than 10 minutes. The company says it is registering a new account opening every thirty seconds and currently has 540,000 customers using the service, which provides a no-frills online deposit account and real-time payments processing BNP Paribas says the acquisition fills out its banking portfolio, complementing the range of banking options available from the branch-based retail bank and app-based subsidiary Hello bank!.
Operating under the wing of BNP Paribas, Compte-Nickel has set itself a target of opening two million accounts by 2020. BNP Paribas acquires Compte Nickel. French fintech startup Compte Nickel was acquired by French bank BNP Paribas yesterday.
I couldn’t nail down the price but I’ve heard that it was quite significant. Compte Nickel was one of the leading fintech startups in France. You can open the equivalent of a current bank account in thousands of tobacco shops in just a few minutes. Compte Nickel gives you an IBAN and a MasterCard for €20 per year. This is quite different from the typical banking experience in France as you usually have to make an appointment and talk with a bank manager to open an account. With this seamless onboarding experience, Compte Nickel managed to attract more than 500,000 clients. BNP Paribas will keep running the service and is aiming for 2 million customers before 2020. While Compte Nickel wanted to revolutionize retail banks, the startup got acquired before it could become a serious contender on the French market. T: The FinTech Times - Scooping up FinTech.
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If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page. Brought to you by: NewOak partners with LendingArch to purchase $2 billion in loans With NewOak purchasing from LendingArch, the loans will be removed from LendingArch’s books, freeing them to provide more flexible loans to Canadians.
STACK RECOMMENDS: ‘I feel duped’: Why bank employees with impressive but misleading titles could cost you big time “It’s time we all took a hard look at where we get our financial advance from.” – Miro Pavletic, CEO and co-founder of STACK Big banks poised to scoop up FinTech startups, report finds Almost 50 percent of financial services firms around the world plan to acquire FinTech startups in three to five years, according to a new Global FinTech Report by PwC. Trov adds $45 million for the global expansion of its on-demand insurance. Trov adds $45 million for the global expansion of its on-demand insurance. Trov, the provider of on-demand insurance for individual items, has raised $45 million for its global expansion efforts.
The company is one of a growing number of tech-enabled startups that are looking to change the insurance business and carve out a piece of that multi-trillion-dollar industry. At Danville, Calif. -based Trov, that means providing insurance policies for individual items on mobile phones. With its new financing, from strategic investors Munich Re HSB Ventures and Japan’s second largest insurer, Sompo, and the company’s previous backers Oak HC/FT, Suncorp Group, Guidewire, and Anthemis Group, Trov now has a war chest of roughly $90 million to expand its global reach. The company is already operating in Australia and the UK, through agreements with Suncorp (in Australia) and Axa (in the UK). While Trov may be pitching modular insurance policies, it’s worth noting that the company is financing them.