fintech
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Bank of America’s First Republic fell more than 30% before the session
It is reported that the Bank of First Republic of the United States fell more than 30% before the opening of the session. After the Bank of Silicon Valley, the Bank was also run late last week. Interpretation of this information: The news has it that the Bank of First Republic, one of the leading banks in the United States, suffered a substantial drop of over 30% before the opening of the trading session. While the reasons behind the sudden decline are not yet clear, it comes as a surprise…
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Global Fintech’s investment in cryptocurrency and blockchain will fall to 23.1 billion US dollars in 2022
It is reported that the latest report of KPMG shows that the total investment in UK’s financial technology fell by more than 50% in 2022, and the investment in UK’s financial technology fell from 39.1 billion US dollars in 2021 to 17.4 billion US dollars in 2022. In 2022, the total investment in global financial technology fell to $164.1 billion in 6006 transactions. Payment remains the strongest area of global financial technology investment, with an investment of $53.1 billion, compared with $57.1 billion in 2021. In contrast, the investment in…