The Lead

Now - there are digital banks for teenagers (Step comes to mind and we just reported on them recently). There are platforms that enable you to gift your teen with fractional shares of stocks, like Stockpile and GiveAShare. All well and good - we love seeing platforms come out that help our young'ns become financially savvy and begin building portfolios.

Competition for new banking customers between large established traditional banks and the new 'challenger' (a/k/a digital banks) banks has taken a new twist. Challenger banks like Starling, Revolut, Chime and others have "attacked" the traditional banking industry with little or no fees, innovative services and products, easy to use apps and no branches

The CEO of international financial advisory deVere Group, Nigel Green, has recently issued a statement noting that anecdotally, the firm is experiencing unusually high numbers of clients requesting assistance with its citizen and residency service.

For us poor unfortunate souls who have to watch this current political debacle unfold, you'll know that there are two US Senate seats up for grabs that could, conceivably, sway the entire political structure of the US, all happening down here in the Peach State, where yours truly currently resides.

One of the many fintechs we've encountered are matching wealthechs - pairing up potential customers with financial advisors, and one of the more interesting in this genre is Purse Strings, founded in 2015 by Dr. Barb Provost out of the Chicago area and positioned to women.

LendingTree released a rather alarming report on American migration patterns in the time of COVID-19. Roughly 14% of people moved in with friends or family during the pandemic. In a survey of 2,000 people, LendingTree revealed that the migration is likely just getting under way.

With the price of Bitcoin about to burst through $20,000 you can be sure when it does all the mainstream news outlets will be jumping to get stories out ASAP

Over the last several months there has been a steady stream of reports that firms such as MicroStrategy, Square and others have moved to buy bitcoin to use for their cash reserves

Many ascribe the modern fintech movement to the passage of the JOBS Act of 2012, and it was important because it opened the door for the P2P and crowdfunding industries to rise up and evolve.

China’s national Xinhua news agency, in conjunction with search engine Sogou, have created a "vocational avatar" that uses Artificial Intelligence.