Fintech Europe

  At the beginning of the year no one suspected that in just a few months, the whole world will face the same problem, nevertheless of nationality, race, or religion.  At one moment, we are celebrating New Year’s Eve, flying back home to visit relatives, and looking forward to new beginnings. In the next one, we are locked out, travel plans are put on hold, and masks are a commonality. Even though the economy took a hit, it is logical to assume that some industries will benefit from the current situation and expand their businesses. Some of those industries are e-commerce, online retailers, and banks. It is due to the belief that paper money is “dirty” and helps spread the virus, and social distancing measures introduced in virtually every country. This article will explore how did the global pandemic affects fintech businesses and what can we expect in the future for them.   Before the deep dive, it would be beneficial to take another look at how the household consum...

  Apple has purchased Canadian company Mobeewave , which will allow it to create mobile pay hubs out of iPhones, Bloomberg reported. Before we embark on the journey of understanding what the Mobeewave acquisition represents for Apple, let’s take a brief overview of Apple as a company, what are their core businesses, what are they doing today, what acquisitions they made in the past and what can we expect for future ones. Moreover, we will introduce shifts in consumers’ behavior for a better understanding of underlying implications.   Apple was founded in April 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne with Wayne selling his shares back within 12 days period. The first commercial product for the company was the computer. Today their products include hardware, software, and services, some of the most popular ones are: - Mac, iPhone, iPad, Apple Watch for hardware, - macOS, iOS for software and - iTunes, Shazam, Apple Store, Genius Bar, and Apple Pay as repres...