Daily FinTech Podcast - April 11th, 2022

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to another episode of our Daily Fintech Podcast. This podcast episode is sponsored by Provenir. Provenir does more than help with your current tech challenges. They eliminate them. Designed and built to power agility, their cloud-native technology puts your team in control. Loved by Startups. Trusted by Decacorns. THE NEWS HIGHLIGHT OF THE DAY IS Female-focused digital investment and robo-advisor platform Ellevest has secured $53 million in a Series B funding round co-led by BMO Financial Group and Contour Venture Partners. WHAT ABOUT CRYPTO? In February 2022, N26 surveyed 16,030 women and men from its 5 largest markets in Europe – Austria, France, Germany, Italy and Spain. One of the most interesting findings is that cryptocurrencies are the third most popular investment product, with nearly 1 in 3 women saying they invest in crypto (28%). Cryptocurrencies are the most popular investment product overall among women investors in Spain and among all European women aged 18–24. WHAT ARE THE LATEST INSIGHTS? With a powerful collection of some of Wall Street’s most esteemed backers behind the challenger bank, Nubank’sDecember 2021 IPO was a watershed moment across the whole of the fintech landscape.  After its first full quarter as a public company, it’s clear that the performance of NU is going to play a major role in whether other firms follow suit. Already we’ve seen other key players in the world of fintech scaling back their IPO plans as Nubankinitially experienced mixed fortunes in its floatation.