Ashley Cromwell
Ashley Cromwell is Tech and Data Analyst with a keen interest in FinTech. Having worked in the investment sector for over 20 years, Cromwell is keen to leverage technology to expand financial inclusion to underserved populations. She advises FinTech startups on viable financial services and helps them develop and implement FinTech solutions.
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Fintech Startup, Mynt to Integrate AI in Expense Management with New Smart Card Funding
Swedish fintech startup Mynt has raised $23 million to develop smart expense cards for small and medium sized businesses. According to TechCrunch, Mynt smart card funding will enable the startup to develop an AI-powered ... -
BYD’s Record-Breaking November Sales Propel Its 2024 Goals
On Monday, 5th December 2024, China’s biggest electronic vehicle manufacturer BYD released its vehicle’s November 2024 sales, showcasing the progress it has made in achieving BYD 2024 sales goal. The data showed BYD ... -
Bitcoin Hits High in 2024 Rally, Surpasses $100,000 for the First Time
Bitcoin has reached a historic high of $100,000 for the first time in 2024. The surge is a new step in the evolution of the digital currency, establishing it as one of the strongest forces in finance worldwide. According... -
Chip Suppliers Shares Jump Amid U.S. Sanctions on Chinese Chip Industry
On Thursday, 28th November 2024, it was reported that the U.S. government is planning to put sanctions on the Chinese chip industry. It was also said that these new rules would restrict the sale of Chinese imports and co... -
Pony.ai US IPO Successfully Raises $260M, Stock to Debut at $13 Per Share
Chinese robotaxi startup, Pony AI has said that it raised $260 million through the initial public offering in the US. The amount raised through the Pony AI IPO has pushed the startup’s valuation to about $4.55 billion.... -
Samsung Electronics’ Share Price Dip Triggers a 10 Trillion Stock Buyback Program
Samsung has announced plans to buyback shares worth $7.17 billion over the next year. The share buyback plan is aimed at boosting shareholder value after Samsung Electronics share prices plunged to a four-year low earlie... -
Tencent’s Q3 Profits Jump as Earnings from Gaming and AI Soar
Chinese gaming and social media company, Tencent has reported a profit surge in its quarter three earnings. According to CNBC, Tencent’s Q3 profit jump was driven by growth in advertising, games, and cloud services. Th... -
SoftBank’s Q2 Profit Soars as Tech Investments Payoff
Leading Japanese Bank, SoftBank has reported a $7.7 billion profit in quarter 2 earnings from its Vision Fund Tech arm. CNBC reported that SoftBank’s Q2 profit soared after the financial giant swung back to profitabili... -
Bitcoin Hits Record High Over $81,000 Amid Crypto Boom Following Trump’s Election Victory
On Monday, November 11, 2024, Bitcoin hit a record high of over $81,000, as the expectations grew that cryptocurrency markets would bloom in a favorable environment with Donald Trump’s return to the presidency. The... -
Amazon Considers $4 Billion in New Anthropic Investment
Reports indicate that Amazon.com and AI startup, Anthropic are already discussing a second multi-billion dollar investment. The cloud service provider had announced $4 billion in Amazon’s new Anthropic investment in Se... -
Expanded Market Share Causes a 55% Profit Jump for UK Fintech, Wise
UK fintech startup, Wise has registered a 55% increase in profits in the first half of its 2025 financial year. CNBC reported that the Wise profit jump was driven by expansion of the company’s customer base and its gro... -
European Shares Rise as Investors Eye Economic Data and U.S. Tech Earnings
European shares opened on a rise on 28th October 2024, with the pan-European STOXX 600 performance rising by 0.4% to 520.84 points. According to Reuters, this came as a surprise to the investors as they geared up for a w... -
Robinhood Launches Margin Investing Option for UK Investors
Robinhood, the well-known U.S.-based online investment platform, announced that it will launch margin investing for its UK customers on Monday, October 21, 2024. This new feature enables users to borrow funds against the... -
New US Regulator Bank Rules Set to Protect FinTech’s and Customer Funds
US Federal Deposit Insurance Corporation (FDIC) is set to introduce strict rules and regulations for banks that work with fintech companies. According to Reuters, the new US regulator bank rules will require banks to rei... -
Klarna Unveils New Products Ahead of Much Anticipated IPO
Swedish fintech firm Klarna has launched two new products, a cashback offering and a personal checking account. The new products are designed to reward users for shopping through its app. The company unveiled the new pro... -
Revolut to Unveil Services in UK After Bagging Banking License
Fintech startup, Revolut, has received a UK banking license after a three-year struggle. According to the Financial Times, the Revolut UK banking license will boost the expansion plans of the fintech startup in its home ... -
FinTech Startup, Adfin Builds An Invoice Payment Solution
U.K. fintech startup, Adfin, is building a solution for facilitating invoice payment for businesses. TechCrunch reported that the Adfin payment solution will allow users to send payment requests through text, WhatsApp, a... -
CleverCards’ Funding Round Succeeds in the Tough Fintech Environment
FinTech startup, CleverCards has raised $8.6 million. The startup raised the funds in a recent funding round. The Dublin-based company uses technology to prevent employees from abusing corporate expenses. CNBC says the C... -
US-Based AI Fintech Loansnap Sued Despite Raising $100 Million
Employees of California-based AI fintech LoanSnap sued by creditors and evicted from its headquarters. According to TechCrunch , the company is facing financial difficulties, including fines and penalties, despite raisin... -
The Growing Power of Data Visualization in Finance
Introduction The introduction of data visualization in the finance sector has brought revolutionary winds that have transformed the industry from one level to the next. This feature has ended the use of PowerPoint presen... -
Beginnings and Evolution of Cryptocurrency
Introduction Cryptocurrency. The word itself, now, has the potential to grab all our attention. When we talk about cryptocurrency there is one name that stands out and that is “Bitcoin.” While most people...