Benzinga | Nov 18, 2021 07:16PM EST

Fintech Focus For November 19, 2021

One Big Thing In Fintech: The demand for comprehensive self-directed investing and robo-advisory platforms is rising at an increasing pace outside of the U.S.

That's according to Mudani co-founder Daniel Mullen, who spoke with Benzinga about why his firm's cross-border investing app is a better way to trade fractional U.S. stocks and ETFs, options and cryptocurrency.

Here's the conversation that transpired.

Source: Benzinga

Other Key Fintech Developments:

* Marqeta, Square partnered up. (NASDAQ:MQ)(NYSE:SQ)

* Oddup added Factiva platform.

* Cellulant eyeing more funding.

* Doorvest raises $39M funding.

* DAR announces new reporting.

* Gemini is now valued at $7.1B.

* VC firm Paradigm debuts fund.

* Mastercard closes on Aiia buy. (NYSE:MA)

* TIME, Galaxy partner on meta.

* Paytm tanked on market debut.

* Nomod secures $3.4M funding.

* Oportun plans to acquire Digit.

* Airwallex hits a $5.5B valuation.

* Doorvest raises $39M funding.

* N26 will shutter US operations.

* Aplazo took in $27M for BNPL.

* Party Round added $7M raise.

* GMEX launches trade platform.

* Bitso, Circle working on crypto.

* Roxe, Nium have partnered up.

* PLACE added a $100M round.

Watch Out For This: BlockFi Inc. is being scrutinized by the U.S. Securities and Exchange Commission over its popular product that pays customers high interest rates for lending out their digital tokens, a development that significantly ratchets up the fast-growing crypto firm's legal woes.

Source: Bloomberg

Interesting Reads:

* Day in the life of crypto future.

* A fund bans Citadel poaching.

* Late for Biden to help drivers?

* Apple eyeing autonomous car. (NASDAQ:AAPL)

Market Moving Headline: JPMorgan Chase & Co. (NYSE:JPM) economists said they now expect the U.S. Federal Reserve to raise interest rates next September, becoming the latest on Wall Street to jettison a forecast for the central bank to stay on hold through 2022.

Source: Bloomberg