12 Berlin eyes Brexit boost
new European home of FinTech as Brexit gets underway. That’s according to the city’s Senator for Economics, Technology and Research Cornelia Yzer, who was speaking at London FinTech Week during July.
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“Not 10, 20 or 30” FinTech companies had broached the subject with her office, she said. The figure was more in the hundreds. Yzer added that 7,500 companies and 80,000 employees already work on digital solutions in Berlin, while Germany proper has 250 FinTech firms.
It would even win out over Frankfurt, due to its reputation as the “spiritual home” for digital innovation. “The Berlin government offers various programmes – publicly funded programmes for seed funding as well as growth capital,”
erlin will leapfrog London to become the
NEWS
she stated.
The Senator commiserated with FinTechs and British citizens who voted to remain in the EU, whilst promising that “Berlin is open for business and is the place where you can live your dreams”.
Alex Hamilton Walmart Pay goes nationwide
Walmart Pay is now available in the retail giant’s 4,600 stores Stateside.
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“There is something very powerful about the ease and simplicity of Walmart Pay,” says Daniel Eckert, Senior Vice President, Services, Walmart US. “What’s even more powerful though, is what this means for our customers. We want to make every day easier for busy families.
almart’s mobile payments offering
We’re connecting all the parts of Walmart into one seamless shopping experience with great stores, easy pickup, fast delivery, frictionless checkout and apps and websites that are simple to use.”
Based on QR codes, the service is built into the retailer’s iPhone and Android app for iOS and Android, which has more than 20 million active users, and works with any credit, debit, pre-paid or Walmart gift card.
www.ibsintelligence.com © IBS Intelligence 2016
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