Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
Cryptocurrency exchange Coinsquare announced it is set to expand into Europe in Q4 2018
Betakit | | Aug 23, 2018
Cryptocurrency exchange Coinsquare announced it is set to expand into Europe in Q4 2018.
Coinsquare customers in Europe will receive access to the company’s suite of cryptocurrencies, which includes bitcoin, bitcoin cash, ethereum, litecoin, XRP, dogecoin, and dash.
“Entering on a massive market like the EU is an exciting step closer to Coinsquare’s vision of becoming a global 21st century financial institution,” said Cole Diamond, CEO of Coinsquare. “Already the premier cryptocurrency exchange in Canada, we are careful in how we expand internationally to ensure we can offer the same high quality, secure service in every country we operate.”
See:
-
Coinsquare launches Coin Capital Investment Management Inc. to help Canadians invest in emerging technology
-
Coinsquare’s CEO Is Focused On Expanding Services While Gaining Public Trust
Coinsquare said the announcement marks its first international expansion under the Coinsquare brand; however, the company has previously entered the global cryptocurrency market through partnerships. In July, Coinsquare partnered with global blockchain investment bank DLTα 21 to launch a digital currency trading platform in Japan.
“Cryptocurrency investors globally want a platform they can trust,” said Thomas Jankowski, who joined Coinsquare as chief digital and growth officer last month. “Coinsquare is a regulated, fully-compliant trading platform and we’re thrilled to offer the European market the same secure and intuitive interface that we offer to Canadians.”
Last month, Coinsquare launched Coin Capital Investment Management (Coincapital), a new subsidiary dedicated to investment management in blockchain, AI, and other cryptocurrencies.
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The National Crowdfunding & Fintech Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with fintech, alternative finance, blockchain, cryptocurrency, crowdfunding and online investing stakeholders globally. NCFA Canada provides education, research, industry stewardship, services, and networking opportunities to thousands of members and subscribers and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding and fintech industry. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: ncfacanada.org
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Accenture | Michael Abbott | Jan 10, 2023 A combination of well-established forces and recent developments is reshaping banking. Overview: In the absence of that revenue stream, banks shifted their focus from the totality of customers’ financial needs to isolated products that continued to generate fees. At the same time, fintech innovators burst onto the scene, awash with cheap capital and valuing scale over financial returns. Now that positive rates have returned, the constellation of banking products is drifting into a more familiar and predictable orbit. Rising rates catalyze product innovation: It will come in the form of offerings similar to that of Amazon Prime. 2023 will see a renewed focus on branches: Without in-person interaction most banks have struggled to maintain close relationships. Demistifying the metaverse: Just as mobile did, the metaverse is opening a new world of possibilities. It won’t be without risk—but banks were invented to manage risk. Culture and Talent: Talent will make ever-increasing demands on banks’ leadership. If it isn’t given its due, it will become a burning platform. See: Will Open Banking Launch in Canada This Year? Risk everywhere: As new risks emerge, banks that focus on helping customers solve their problems, rather than on collections, ...
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Read More
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Guest Post | Feb 1, 2023 Cryptocurrency has taken the world by storm since its entrance into mainstream awareness. This new form of money is quickly becoming a sought-after resource for individuals looking to acquire venture capital or to fund startups. The possibilities that cryptocurrency provides in the fundraising and venture capital industry are unique, adding another layer of complexity to the already intricate process, which requires careful consideration from entrepreneurs and investors alike. This is because cryptocurrencies offer several advantages over traditional fiat currencies, such as lower transaction costs, higher security, and quicker settlements. Cryptocurrencies are also becoming more widely accepted as a form of payment. Because of this, cryptocurrencies are becoming more popular in the fundraising and venture capital sectors. In fact, some startups and venture capital firms now accept and trade cryptocurrency for investment deals. What is cryptocurrency fundraising? Cryptocurrency fundraising refers to the process of raising funds for a project or venture by accepting cryptocurrency as a form of payment. This type of funding has become increasingly popular in recent years as it enables companies to tap into a global pool of investors. Using cryptocurrencies to raise money is an option that works well for initiatives ...
Read More
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Read More
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Read More
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Read More
Accenture | Michael Abbott | Jan 10, 2023 A combination of well-established forces and recent developments is reshaping banking. Overview: In the absence of that revenue stream, banks shifted their focus from the totality of customers’ financial needs to isolated products that continued to generate fees. At the same time, fintech innovators burst onto the scene, awash with cheap capital and valuing scale over financial returns. Now that positive rates have returned, the constellation of banking products is drifting into a more familiar and predictable orbit. Rising rates catalyze product innovation: It will come in the form of offerings similar to that of Amazon Prime. 2023 will see a renewed focus on branches: Without in-person interaction most banks have struggled to maintain close relationships. Demistifying the metaverse: Just as mobile did, the metaverse is opening a new world of possibilities. It won’t be without risk—but banks were invented to manage risk. Culture and Talent: Talent will make ever-increasing demands on banks’ leadership. If it isn’t given its due, it will become a burning platform. See: Will Open Banking Launch in Canada This Year? Risk everywhere: As new risks emerge, banks that focus on helping customers solve their problems, rather than on collections, ...
Read More
Read More
Fortune via Yahoo Finance | Christiaan Hetzner | Feb 1, 2023 Hypersonic flight, 3D printed humanoid robots, groceries delivered by drones, molecular biomarkers for early detection of malignant tumors Report: That's the conclusion from her annual Big Ideas report published on Tuesday by her money management firm. This 153-page deep dive attempts to handicap the potential commercial opportunities awaiting those startups and incumbents quick to embrace promising new technologies set to supplant older, obsolete ones. Wood believes companies that succeed in disrupting existing industries will experience “super-exponential growth”, lifting their cumulative value by an average annual rate of 40% in the process to reach a staggering $200 trillion by 2030. To put that gargantuan figure into perspective, the International Monetary Fund estimated last April that the size of the entire world's economy would cross the $100 trillion mark in nominal GDP terms by the end of the year. See: a16z: Big Fintech Ideas to Tackle in 2023 Forecasting winners: Instead of emphasizing spreadsheets and valuation models that often focus on short-term fundamentals like a company’s forward-year cash flow or earnings per share, her ARK Invest research team prefers a top-down analysis of what macroeconomic problems inhibit social progress before examining ...
Read More
Read More
Chainanalysis | Feb 1, 2023 2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses. DeFi protocols by far the biggest victims of cryptocurrency hacks accounting for 82.1% of all cryptocurrency stolen by hackers — a total of $3.1 billion — up from 73.3% in 2021. And of that $3.1 billion, 64% came from cross-chain bridge protocols specifically. Bridges are an attractive target for hackers because the smart contracts in effect become huge, centralized repositories of funds backing the assets that have been bridged to the new chain — a more desirable honeypot could scarcely be imagined. If a bridge gets big enough, any error in its underlying smart contract code or other potential weak spot is almost sure to eventually be found and exploited by bad actors. See: Do Industry Operators, Researchers, and Regulators Agree On How Big Crypto Crime Is? Double edged sword: DeFi is one of the fastest-growing, most compelling areas of the cryptocurrency ecosystem, largely due to its transparency. But that same transparency is also what makes DeFi so vulnerable — hackers can scan DeFi code for vulnerabilities and strike at the perfect time to maximize their theft. The core ...
Read More
Read More
CNBC | Jordan Novet | Jan 31, 2023 Artificial intelligence research startup OpenAI on Tuesday introduced a tool that's designed to figure out if text is human-generated or written by a computer. Schools were quick to limit ChatGPT's use over concerns the software could hurt learning. Sam Altman, OpenAI's CEO, said education has changed in the past after technology such as calculators has emerged, but he also said there could be ways for the company to help teachers spot text written by AI. Working on solution: OpenAI's new tool can make mistakes and is a work in progress, company employees Jan Hendrik Kirchner, Lama Ahmad, Scott Aaronson and Jan Leike wrote in a blog post, noting that OpenAI would like feedback on the classifier from parents and teachers. Far from perfect: "In our evaluations on a 'challenge set' of English texts, our classifier correctly identifies 26% of AI-written text (true positives) as 'likely AI-written,' while incorrectly labeling human-written text as AI-written 9% of the time (false positives)," the OpenAI employees wrote. Our work on the detection of AI-generated text will continue, and we hope to share improved methods in the future See: How AI Is Disrupting The Web Development Industry ...
Read More
Read More
Variety | Todd Spangler | Jan 31, 2023 William Shatner fans bought up all the shares in the actor’s forthcoming feature-length documentary “You Can Call Me Bill” in less than a week — shelling out nearly $790,000 and topping the film’s crowdfunding goal. Legion M’s equity crowdfunding round for the Shatner documentary, exploring the life and career of the beloved 91-year-old actor, as of Monday had sold out from reservation holders before the company opened the offering to the public. Within four days, the project raised $789,655 from 1,338 investors. Distribution: The documentary has a production budget of $565,101, according to Legion M’s listing. After “You Can Call Me Bill” deducts expenses to third parties for accounting, legal, marketing and administrative fees, 100% of any revenue generated will be distributed proportionally to the film’s investors until they have recouped their initial investment. Any additional net revenue after that will be split, with 33% going to shareholders and 67% distributed to the producers of the film. With the Shatner doc, fans were able to invest directly in the Shatner documentary for a minimum of $100, subject to certain SEC restrictions, and they will recoup their money before any profits are shared ...
Read More
Read More
VoPay | Release | Feb 1, 2023 Leading provider of embedded financial technology solutions, VoPay, today announced the launch of VoPay 360. VoPay 360 bridges the gap between accounting software and the payment platform in one centralized platform. Built on VoPay's industry-leading API, VoPay 360 will become the "operating system" for all transaction data going in and out of a business, revolutionizing how companies handle their financial transactions. Problem: As businesses often use multiple systems to manage their Accounts Payments and Accounts Receivable processes, they must often allocate additional resources to their operations, relying heavily on manual labour, resulting in an increased risk of error. In fact, the average time to process a single manual paper-based transaction is 8 minutes, with costs $3 more than an electronic transaction. Business customers are increasingly seeking integrated solutions to solve complex money movement problems, as manual and paper-intensive methods cannot keep up with modern enterprises' needs. See: Payment Trends: Opportunities and Risks Shaping 2023 Key benefits: Integration: Allows VoPay customers to connect VoPay to their accounting system Centralization: Brings in open invoices and bills from the accounting system to VoPay Efficiency: Eliminates the manual processes of financial data entry, freeing up staff members ...
Read More
Read More
Guest Post | Feb 1, 2023 Cryptocurrency has taken the world by storm since its entrance into mainstream awareness. This new form of money is quickly becoming a sought-after resource for individuals looking to acquire venture capital or to fund startups. The possibilities that cryptocurrency provides in the fundraising and venture capital industry are unique, adding another layer of complexity to the already intricate process, which requires careful consideration from entrepreneurs and investors alike. This is because cryptocurrencies offer several advantages over traditional fiat currencies, such as lower transaction costs, higher security, and quicker settlements. Cryptocurrencies are also becoming more widely accepted as a form of payment. Because of this, cryptocurrencies are becoming more popular in the fundraising and venture capital sectors. In fact, some startups and venture capital firms now accept and trade cryptocurrency for investment deals. What is cryptocurrency fundraising? Cryptocurrency fundraising refers to the process of raising funds for a project or venture by accepting cryptocurrency as a form of payment. This type of funding has become increasingly popular in recent years as it enables companies to tap into a global pool of investors. Using cryptocurrencies to raise money is an option that works well for initiatives ...
Read More
Read More
OECD Forum Network | James Bessen | Jan 24, 2023 For all the talk of disruptive innovation, start-ups have become less likely to displace dominant industry leaders because the new technology has become much more proprietary Large firms across many industries are hiring to build a new generation of systems to meet heterogeneous customer needs. These systems have made leading firms more dominant in their markets, suppressing the risk of disruption and slowing the growth of innovative rivals. These systems also contributed to the slowdown in productivity growth, to increased social division, and to an increasing inability of government to regulate major firms. Walmart systems manage over 100,000 items per store—far more than traditional department stores, they adjust inventory to respond quickly to changing consumer demand, and they use advanced logistics to get these items to the stores quickly and efficiently. Amazon, of course, handles an order of magnitude greater selection. Big banks use extensive consumer transaction data to tailor offers of credit card and home equity lines to individual borrowers and to target the marketing to them. Google and Facebook provide data-driven targeting of Internet advertising. Automobiles and airplanes are now built on large software systems that provide unprecedented ...
Read More
Read More
Sifted | Molly Johnson-Jones | Jan 31, 2023 As the funding slowdown hits startups and the global economy teeters on the brink of recession, hiring decisions have never been more important. Hiring Situation: Get them right and you’ll gain talent that can crucially broaden your team’s skill set, add new perspectives and help fuel growth despite economic challenges. Get them wrong and you could face a revolving door of employees, sinking countless hours into continuously interviewing candidates and onboarding new joiners. How to grow your team with literally no recruitment spend....: See: 58 Must-Read Remote Work Resources | 50 Great Remote Working Resources Publish a salary band along with job description - Pay transparency is also fundamental to the fight for pay equality — something that is starting to shift in Europe. Use social media to showcase company culture - According to a 2021 survey conducted by LinkedIn, 63% of professionals say work-life balance is a top priority when picking a new job and 40% identify colleagues and culture as a top consideration. But don’t just tell employees what working for you looks like — show them. Get employees sharing about their working environment: There’s no better way to illustrate your working ...
Read More
Read More
Guest Post | Jan 31, 2023 The global pandemic has left many people in dire financial straits. Therefore, most of the leading companies put themselves in the shoes of their customers and suspended debt collections, reduced or canceled interest rates, and lowered prices. However, they also need to restore and stabilize their income. Therefore, debt collection is resumed. According to what strategies to implement them and how to effectively work with debtors - read on. The best ways to collect the debt in 2023 According to the statistic, the average US household has $15,000 in credit card debt. This is a colossal amount and loads of work for financial companies. Create an information hub for customers Having complete information about each client makes it easier for company employees to work with them. These are data on payables and receivables, balances, etc. However, this data must be verified, accurate, and constantly updated. Definition of the communication channel Properly configured communication with the client allows you to create effective cooperation. You can communicate with a person using messages, calls, and e-mail. However, it is better to discuss these communication pitfalls in advance, because, with the appearance of a large number of scammers, ...
Read More
Read More
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