Benzinga | Nov 28, 2021 09:30AM EST

All You Need To Know In Fintech For November 29, 2021

One Big Thing In Fintech: Co-founder and CEO of AI data analytics start-up, Qi, says retail investors now dominate equity flows, which will force institutional investors to assess their cost structures, performance and how they use data.

Source: The Trade

Other Key Fintech Developments:

* Monzo adds card to Flex offer.

* Experian intros digital updates. (OTC:EXPGY)

* Revolut entered physical POS.

* TabTrader added $5.8M round.

* Klarna sees its loss quadruple.

* BISON intros new saving offer.

* Ninety-Nine adds to payments.

* OnePipe secures $3.5M round.

* Japan plans a digital currency.

* EU moves on crypto proposals.

* Bitfinex launches FIX gateway.

Watch Out For This: South Africa has angrily condemned travel restrictions imposed by countries including Britain as "knee-jerk and draconian" as it scrambled to assess the potential for the new Covid-19 variant to unleash a deadly fourth wave.

Source: The Guardian

Interesting Reads:

* Black Friday shoppers not out.

* Tesla will start new production. (NASDAQ:TSLA)

* A love letter to clearinghouses.

* Jobs report to show increases.

* US gas prices are set to drop?

* Omicron vaccine will be ready.

Market Moving Headline: There has been a slight hawkish shift from the Fed recently. So far market effects are small, but we see tendencies of a stronger USD, higher real rates and more volatility in risky assets. We expect those trends to be reinforced in 2022.

Source: Nordea