Industry

As competition for the next big fintech hub heats up, governments and businesses are realising there is growing importance for a city to be a worthy place to attract investment and fintech investment in particular.

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Silicon Valley-based crowdfunder Propel(x) is determined to make angel investing possible for everyday investors as well as the super rich.

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The devaluation of the Chinese yuan and Japanese yen may spell trouble for South Korean exporters, but another growth industry may provide a new frontier for growth.

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Financial services software company Envestnet has acquired financial data mining and technology company Yodlee in a cash and stock transaction valued at $18.88 per share, or approximately $660 million.

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Stone & Chalk will unveil a diverse range of fintech start-ups when it opens its doors at the end of the month, says chief executive Alex Scandurra.

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