Published a newsletter
Published a newsletter
Hi, Fintech Fans 👋
Fintech Wrap Up is here with another edition.
After years on the sidelines, the insurance industry is increasingly embracing the digital assets sector.
Many crypto exchanges and custodians have for years been unable to get insurance or shied away from getting it because of high premiums stemming from a dearth of insurers willing to underwrite the industry’s risk. Some big exchanges have chosen to insure themselves instead.
But that is slowly changing, as the traditionally risk-averse insurance industry—from big brokers to new startups—dips its toes into the water by setting up new teams focusing on cryptocurrency, hoping to profit from the industry’s rapid growth.
According to DataReportal, the number of active social media users increased from 3.96 billion to 4.65 billion around the world between July 2020 and April 2022, equating to 58.7 % of the world population.
Mass adoption of new offerings will depend on the ability to tap into and leverage social networks, providing the true scale and accessibility required for digital payments to truly skyrocket.
In this edition
1️⃣ Insurance Providers Rethink Their Approach to Crypto
2️⃣ Investor's guide to crypto cards
3️⃣ Achieve growth at scale through social
4️⃣ Opportunities abound for fintechs solving unmet needs in ecommerce
5️⃣ Embedded Finance with APIs
6️⃣ From banking app to lifestyle app
7️⃣ Full decentralization: How to decentralize DeFi and other simple applications
#fintech #payments #cryptocurrency #ecommerce #banking
