YouLend’s Post

Step into the future of finance! Explore the cutting-edge discussions and insights from #fintech #meetup 2023. Discover the latest frontiers in finance and stay ahead of the curve. https://lnkd.in/d3jK8FyV #fintechmeetup #financeinnovation #meetusthere

Dive into 🇫🇮 Multitude SE's financial update with IR Lasse Mäkelä. 👉🏾👉🏾👉🏾 https://lnkd.in/e9b4CKyp **Key takeaways**: 1️⃣ **Whopping 66% EBIT Growth**: EBIT skyrocketed to €20.9 million. 📈 2️⃣ **Stellar Profit Surge**: Profits ramped up by a staggering 251%, reaching a monumental €7.5 billion! 💰 This Finnish financial powerhouse, founded in 2005, is undoubtedly in full swing. Not only are they close to achieving their ambitious €45 million EBIT goal for 2023, but their 2022 turnover also stood tall at €212 million. **Digging deeper**: - Sweep Bank: 6% sales contribution. An all-in-one hub for shopping and financing. - Ferratum: A mammoth in consumer lending across 14 countries, chalking up 84% of sales! - Capital Box: SME lending champions, adding 10% to the sales pie. New in their arsenal? The *Warehouse Lending initiative* is tailored for non-bank fintech lenders. And let's remember their strategic 19.97% share acquisition in Sortter in Q2 2023. A closer look at the numbers also showcases an uptick in net revenues by 5.8% (€109.5 million) amidst a meticulous focus on cost optimisation across various sectors. 📌 Take advantage of Lasse´s elevator pitch presentation for those new to Multitude SE and curious to know more: https://lnkd.in/dEg5exGE 🌐 In conclusion, Lasse reaffirmed Multitude's mission: To pioneer a transformation in financial services with fast, user-friendly, and sustainable digital solutions. Witness such innovative strides in the fintech space! #Finance #Fintech #Innovation #Growth #MultitudeSE #business #innovation #growth #strategy #building #success #video #banking #fintech Jokela Jorma, Bernd Egger, Charlotte Sandakumaran, seat11a.com T&C This publication is for informational purposes only and does not constitute investment advice. By using seat11a, you agree to our terms and conditions outlined on www.seat11a.com/legal

The Countdown - Top 100 Companies (in no particular order). # 73 Leveraging AI for Tomorrow's Challenges: Insights from Leading UK Start-ups Company: "Plum Fintech: Innovating Personal Finance Management" Website: https://withplum.com/ Video: https://lnkd.in/e77RnQFJ LinkedIn: https://lnkd.in/eXFZp935 What Plum Fintech Does: Plum Fintech, headquartered in London, United Kingdom, is at the forefront of transforming how customers manage their finances. The company distinguishes itself in the FinTech industry by providing robust tools for financial management, going beyond simple finance tracking to offer a comprehensive ecosystem for intelligent financial decision-making. AI Initiative: Plum Fintech has introduced a new feature to its smart money app, the Spend Tracker, to assist customers with their budgeting plans. This tool automatically categorises all outgoings and presents them as a percentage of total spending, giving users a clear and immediate view of their monthly expenditure. Part of the app's redesigned Spend tab, this feature, along with other intelligent insights and a bill tracker, aids users in making more informed decisions about their spending and savings. This development aligns with Plum's mission to maximise customer wealth by providing practical tools for financial management in challenging economic times. Impact: The AI-driven tools developed by Plum Fintech, such as the Spend Tracker, are making a significant impact in personal finance management. By offering users a detailed view of their financial habits and advising on optimising their spending and saving, Plum is helping customers to effectively manage their finances. In today's economic climate, effective budgeting is essential for many individuals, and Plum's approach is proving invaluable. Trends in this field: The trend within the FinTech industry, as illustrated by Plum Fintech, is towards the development of user-friendly, AI-powered tools for personal finance management. These tools are designed to not just track finances, but also to provide actionable insights, enabling users to optimise their financial decisions. The focus is on using technology to offer more personalised, efficient, and effective financial management solutions, signalling a broader move towards intelligent, data-driven personal finance in a digital-first era. Tags: #ai #artificialintelligence #fintech #plumfintech #personalfinance #financialmanagement #budgeting #spendtracking #smartmoneyapp #financialtechnology

In this week’s #finance top stories: nearshoring, fintechs and other financial trends continue to move the markets. This and more in your weekly roundup! #MexicoBusiness #MexicoBusinessNews #WeeklyRoundup

Reserve your spot for our upcoming course on 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝟯.𝟬 to delve into the latest developments in the finance industry! Our expert trainer Solenne Niedercorn-Desouches will explore the current state of the #finance industry, a decade after the rise of #FinTech start-ups and their impact on traditional players. You will learn about: 🔹The impact of FinTech start-ups on incumbents 🔹The rise of Digital Capital  🔹The emergence of Decentralised Finance (#DeFi) 🔹Major regulatory changes that have occurred in response to these developments 🔹The impact of new technologies on governance in the financial sector Don't miss this opportunity to obtain the necessary knowledge and tools to navigate the rapidly changing landscape of finance, to seize risks and opportunities. Register here 👉 https://lnkd.in/enpChPSp #Luxembourg #Governance #CorpGov

REVOLUTIONIZING FINANCE : THE WISE SAGA FROM PEER TO PEER INNOVATION TO GLOBAL FINTECH TRAILBLAZER. Chapter 10: Continued Innovation and Impact. Wise continues to be at the forefront of innovation in the fintech industry. This chapter focuses on the post-IPO period, detailing Wise's ongoing efforts to pioneer new financial services, expand its global reach, and maintain its commitment to user-centric principles. 1. Diversification of Services: Building on its success in international money transfers, Wise has continued to diversify its services. The company introduced features such as multi-currency accounts, business accounts, and the Wise debit card. 2. Technological Advancements: Wise has remained dedicated to leveraging technology to enhance its platform. Continuous investments in technological infrastructure and artificial intelligence have allowed the company to improve the speed, efficiency, and security of its services. 3. Global Expansion: Wise's IPO provided additional capital to support its global expansion efforts. The company has worked to increase its presence in new markets, providing individuals and businesses around the world with access to its transparent and cost-effective financial services. 4. Financial Inclusion: Wise has maintained a focus on financial inclusion, aiming to make its services accessible to individuals who may be underserved by traditional banking systems. This commitment aligns with the company's mission to democratize finance and provide fair and transparent financial solutions to a global audience. 5. Industry Collaboration: Wise has actively engaged in collaborations with other fintech players, financial institutions, and regulatory bodies. These partnerships aim to foster innovation, address industry challenges, and contribute to the development of a more inclusive and efficient global financial ecosystem. 6. Responsive to User Feedback: Wise's user-centric approach involves actively listening to user feedback and evolving its services based on customer needs. The company's commitment to transparency, clear fee structures, and real exchange rates remains central to its identity. 7. Evolving Regulatory Landscape: Wise continues to navigate the complex regulatory landscape, staying abreast of changes in financial regulations globally. The company's proactive approach to compliance ensures that it operates within legal frameworks while advocating for policies that promote innovation and financial inclusivity. As Wise progresses beyond its IPO, this chapter encapsulates the company's ongoing journey characterized by adaptability, resilience, and a dedication to transforming the way people and businesses engage in international financial transactions. The story of Wise serves as a testament to the impact that a visionary fintech company can have on the broader financial industry, influencing not only its own trajectory but also shaping the future of finance on a global scale. #startup #fintech

Pagaya’s CEO Gal Krubiner was featured in Stephanie Mehta’s article in Fast Company, which shares how we apply #AI to #credit attributes and #loan data to create opportunities for lenders and borrowers alike. Learn more here: https://lnkd.in/e67pPKSr #FinTech #Innovation #FinancialInclusion #CreditAccess

Nearshoring, fintechs and other financial trends continue to move the markets. More in this week’s roundup! #MexicoBusinessNews #MexicoBusiness

Dive into the future with #EmbeddedFinance! Experience seamless transactions like never before. Read more in our latest blog. https://lnkd.in/dFiztPE8 #FinanceInnovation #DigitalBanking #FintechTrends

Millenials and Gen Z are shaking up the game when it comes to what they expect from their (online) shopping, retail experiences and financial services. This shift is driving us towards a future where finance is seamlessly integrated into everyday life - an era of embedded finance. By 2025 this market is projected to hit a whopping $ 600 billion. It’s time to dive in and make waves! Next week, I will be at the #WOADigitalconf in Warsaw, diving into how next gen, in this context, is reshaping the landscape of receivables finance. Check out my latest blog on the GEN AI transformation of small business lending and, more specifically receivables finance, to get deeper insight into what’s brewing in this space. #genAI #digitaltransformation #inclusivefinance #embeddedfinance #WOAConf24 #Conference #globalconferenfe #WOADigital #Digitalfactoring #smallbusinesslending #AdviceRobo #UniversityofBirmingham #Tilburguniversity