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Singapore-based open finance startup Finantier gets backing from Y Combinator

TechCrunch

Finantier , a Singapore-based open finance startup, wants to streamline that data with a single API that gives financial services access to user data, with their consent. It also includes machine-learning-based analytics to enable credit scoring and KYC verifications.

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What Is Peer-To-Peer?

Feedough

The IT world witnesses two significant types of network architectures: the client server-network and the peer-to-peer network. Hence, peer-to-peer network architecture came into existence. What Is Peer-To-Peer Network? These computers are called peers or nodes , and they upload the file on demand.

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SoLo Funds settles lawsuit over predatory lending accusations in District of Columbia

TechCrunch

The District of Columbia Attorney General today announced an agreement with SoLo Funds, a fintech company that enables peer-to-peer lending, to settle a lawsuit that alleged SoLo Funds engaged in predatory lending practices. SoLo sought to disguise exorbitant interest charges by deceptively calling them ‘tips’ and ‘donations.’

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How to Invest in Web3: A Beginner’s Roadmap

Angel Capital Association

These web contracts automate and enforce agreement terms in code, enabling trustless web interactions. Investing in Decentralized Finance (DeFi) Decentralized finance, commonly known as DeFi, is transforming the landscape of financial transactions by harnessing the potential of smart contracts within a peer-to-peer framework.

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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. These factors are proving fertile ground for establishing and growing fintechs that focus exclusively on Islamic finance, offering products and services that follow shariah law. enabling people to buy Bitcoin. out of its 33.6

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How to Choose the Right Business to Start

American Entrepreneurship

It may be a hobby or something of personal interest that enables you to develop a level of expertise that other people value. Here is a framework that can help you delve deeper into your quest to choose the right startup business: Self-Evaluation : What interests, hobbies, and passions do you have? What are you good at?

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With open banking on the horizon, the fintech-SME love story is just beginning

TechCrunch

Though the early years of fintech have taught us that consumers are pretty relaxed when it comes to giving up their data — with some studies indicating that almost 60% of Americans choose fintech over privacy — the type and volume shared through open-banking frameworks is much more extensive than the products we have seen up until now.