David believes that Dallas is an excellent place to foster these connections. Be they connections to one of the 140+ corporate giants located in the metropolis, or to anybody else who might represent the technology ecosystem.
Indonesia has already embraced new, innovative technologies related to FinTech and digital assets and is spearheading the digitalisation push in South-East Asia. Yet, at the same time, millions of adults in the country are not formally banked and have little access to lending. In many ways, it is a highly advanced economy that nonetheless has many of the characteristics of a third-world country.
We talked to Myles Milston, CEO of Globacap, to discuss how blockchain technology can facilitate a more efficient flow of capital. Globacap has digitised the shares offered by private companies on its platform and have built automated workflows on top of that.
Many would argue that some disruption in this space especially is long overdue. Factoring is expensive, rigid and potentially stifles access to the capital that SMEs need in order to grow. Reforming or replacing this service could redress the balance between SMEs and large corporations.
FinTech Scotland represents over 100 companies, the vast majority of which have been trading for less than five years. Twenty were started in just the past year, with many continuing to expand despite the disruption of the pandemic. The cluster has also received high levels of public funding, including a £22.5m investment by the UK Global Open Finance Centre for Excellence in July, and support from the Scottish Investment Bank.
“First it was the rise of the developer; now it’s the rise of the designer. That’s true regardless of sector, stage or business model. Robinhood and Figma have completely different products, but they’re both succeeding in part because of the quality of their product design.”
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