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The following is the Fintech Daily Information Briefing on [December 16, 2020] recommended by recordtrend.com. And this article belongs to the classification: Fintech Daily Briefing.
. Christy Clark, a former U.S. Treasury official, is director of the Diem Institute’s office
On December 1, 2020, Libra Association, the manager of the stable currency project initiated by Facebook, announced that Libra would be officially renamed Diem. On December 15, the Diem Association announced the appointment of Christy Clark as its office director. Christy Clark has nearly 20 years of rich experience in the field of Finance and law. He has worked in the U.S. Treasury Department, the U.S. Senate, HSBC and other public and private institutions.
. Affirm, a consumer loan platform, announced a delay in IPO
Affirm, a consumer lending platform that provides “pay as you go” service, announced that it would postpone its initial public offering scheduled for December, the Wall Street Journal reported. The specific reason for the delay is not clear. However, people familiar with the matter said that the stock prices of doordash and airbnb on the first day of listing in the past week, spac and the new crown epidemic led to a surge in applications from the U.S. Securities and Exchange Commission, and other factors may have driven affirm to make the decision. The announcement comes a day after video game company roblox announced plans to delay its listing.
. Mozper, a Mexican youth finance application platform, received $3.55 million seed round financing
On December 14, 2020, mozper, a financial technology platform in Mexico, was officially launched, and was supported by seed round financing of US $3.55 million. The financing is led by hetz ventures and participated by f-prime capital, foundation capital and secocha ventures. Mozper provides financial applications and associated debit card services for Latin American teenagers, inspired by American peers gohenry and greenlight. In August 2020, mozper conducted a closed test for 500 Latin American families, which achieved good results. After the test, the number of users increased by about 20% every week. Mozper said that in Latin America, parents in Brazil and Mexico alone provide $10 billion a year in pocket money to their children, and the lack of relevant financial literacy education and financial services provides mozper with huge potential market space.
. Circlor, a blockchain technology company invested by Jaguar Land Rover
On December 15, 2020, inmotion ventures, the venture capital and mobile services division of Jaguar Land Rover, a famous automobile manufacturer, announced that it would invest in circular, a blockchain technology company. Through this investment, JLR is expected to purchase high-quality materials with higher transparency to ensure the origin, employee benefits and supplier compliance.
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