{"id":4067,"date":"2017-02-19T10:20:14","date_gmt":"2017-02-19T10:20:14","guid":{"rendered":"https:\/\/insights.invyo.io\/europe\/?p=4067"},"modified":"2019-04-12T17:08:27","modified_gmt":"2019-04-12T17:08:27","slug":"5-key-fintech-figures-for-january-2017","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/europe\/analyses\/5-key-fintech-figures-for-january-2017\/","title":{"rendered":"5 key Fintech Figures for January 2017"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Each month, our team pick-up\u00a0five\u00a0figures on\u00a0Fintech that you must know to better understand the magnitude of the disruption going on in the banking industry. <\/strong><\/p>\n<p style=\"text-align: justify;\">This month, we highlight Blockchain adoption, mobile money in Africa, Open Banking in the UK, MoneyGram&#8217;s acquisition by the giant Alibaba and Paypal&#8217;s Fintech scholarship:<\/p>\n<h4 style=\"text-align: center;\"><span style=\"color: #008080;\">FINTECH FIGURES OF THE\u00a0MONTH<\/span><\/h4>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.bain.com\/Images\/BAIN_BRIEF_Blockchain_in_Financial_Markets.pdf\"><strong>80% of financial market participants<\/strong> <\/a>say distributed ledger technology will be <strong>transformative\u00a0<\/strong>and expect their firms to <strong>adopt<\/strong> it <strong>by 2020<\/strong>.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">The <strong>African continent<\/strong> has over <a href=\"http:\/\/www.iafrikan.com\/2017\/02\/10\/fintech-in-afrika-is-much-more-than-just-mobile-money-and-remittances\/?utm_content=buffere5887&amp;utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=buffer\" class=\"broken_link\"><strong>220 million registered mobile money<\/strong><\/a> accounts with over <strong>80 million active<\/strong> every three months..<\/p>\n<hr \/>\n<p style=\"text-align: center;\">A study found that<a href=\"https:\/\/www.financedigest.com\/equifax-finds-90-of-brits-have-not-heard-of-open-banking.html\" class=\"broken_link\"><strong> 90%<\/strong><\/a> of people in the UK have not heard of <strong>Open Banking<\/strong>.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Ant Financial<strong>, <\/strong>Alibaba&#8217;s financial arm, bought the<strong> money transfer <\/strong>company MoneyGram for<strong><a href=\"https:\/\/techcrunch.com\/2017\/01\/27\/alibaba-ant-financial-moneygram\/\"> $880M<\/a>.<\/strong><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><strong>PayPal<\/strong> has announced that it will partner with <strong>Singapore Management University<\/strong> (SMU) to roll out a <strong>fintech scholarship<\/strong> in Singapore worth <a href=\"https:\/\/e27.co\/paypal-launching-fintech-scholarship-singapore-20170216\/\" class=\"broken_link\"><strong>US$126,900<\/strong><\/a>.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each month, our team pick-up\u00a0five\u00a0figures on\u00a0Fintech that you must know to better understand the magnitude of the disruption going on in the banking industry. This month, we highlight Blockchain adoption, mobile money in Africa, Open Banking in the UK, MoneyGram&#8217;s acquisition by the giant Alibaba and Paypal&#8217;s Fintech scholarship: FINTECH FIGURES OF THE\u00a0MONTH 80% of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[551],"tags":[305,833,834,241,134,1277,657,1037,1280,339,1281,1279,1278,319,1039,184,903,228],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 key Fintech Figures for January 2017 - INVYO Insights Europe : Media Fintech<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insights.invyo.io\/europe\/analyses\/5-key-fintech-figures-for-january-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 key Fintech Figures for January 2017 - INVYO Insights Europe : Media Fintech\" \/>\n<meta property=\"og:description\" content=\"Each month, our team pick-up\u00a0five\u00a0figures on\u00a0Fintech that you must know to better understand the magnitude of the disruption going on in the banking industry. 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