Benzinga | Nov 3, 2021 07:27PM EDT

Fintech Focus For November 4, 2021

Quote To Start The Day: "The only impossible journey is the one you never begin."

Source: Tony Robbins

One Big Thing In Fintech: Money20/20's latest in-person conference was held Oct. 24-27, 2021 at The Venetian Resort in Las Vegas, Nevada.

Amidst all the recognition and networking, Benzinga had the opportunity to speak with Money20/20 president Tracey Davies, as well as chief strategy and growth officer Scarlet Sieber.

Here's the conversation that transpired.

Source: Benzinga

Other Key Fintech Developments:

* Valon adding $43.9M for growth.

* Voyager integrates w/Avalanche. (OTC:VYGVF)

* Klarna launches new super app.

* SMBX added $11.5M for growth.

* WonderFi deployed more nodes.

* Goldman is building token tech. (NYSE:GS)

* FINOS, EDM Council partner up.

* Agora secures $9M for software.

* ICF to launch NFT marketplace.

* Confluence adds an acquisition.

* PadSplit adds $20.5M Series B.

* Sandbox adds $93M in funding.

* FairX's retail futures growing up.

* DriveWealth, Toss partnered up.

* First Internet buys First Century.

* IG Group launches Trade Ideas. (OTC:IGGHY)

* FTX US hiring ex-CFTC leaders.

* AscendEX announces Series B.

* Payhippo added $3M in a seed.

* HoneyBook adding to valuation.

* Lemonade releases Car offering.

* Tarabut Gateway secures $12M.

Watch Out For This: China's central bank Governor Yi Gang says it will continue to crack down on fintech companies' misuse of data, and unfair practices.

Source: SCMP

Interesting Reads:

* Mailchimp acquisition analyzed.

* Tesla eyes synced driver profile. (NASDAQ:TSLA)

* Chinese nuclear arsenal grows.

* Subprime carbon bubble forms.

* Ford showcasing EV motor kits. (NYSE:F)

Market Moving Headline: Federal Reserve Chair Jerome Powell said officials can be patient on raising interest rates -- after announcing a start to reducing their bond purchases -- but won't flinch from action if warranted by inflation.

Source: Bloomberg