Trendwatch Finance & Insurance: August 18, 2020

Singapore invests in Fintech – Cash App offers short-term loans – Borrowing against bitcoin holdings – Credit cards for young people with no credit – Turning stock market data into minimalist art

Singapore Parks $182m for Fintech Innovation, With Special Focus on AI - ZDNet

Country rolls out a new three-year plan to drive technology innovation in the financial services industry, which saw 40 innovation labs and 1,000 fintech companies set up in the last five years.

Square’s Cash App Tests New Feature Allowing Users to Borrow Up to $200 - Techcrunch

Cash App, the peer-to-peer payments service from Square, is giving select users a way to get short-term loans.      

Bitcoin Exchange Loan Service Allows Users to Borrow Cash Against Holdings - Mobile Payments Today 

Customers can borrow up to 30% cash against their holdings and interest on the loans will be at 8%, with terms of one year or less.

The Newest Fintech Unicorn Is a Credit Card, and It’s Betting Against Big Banks - CNBC   

Founders of the fintech start-up cred.ai believe younger Americans with a lack of credit history are ripe for solutions that don’t come from big financial institutions. 

This Artist Turns Boring Stock Market Data Into Gorgeous Minimalist Art - The Next Web

Celebrate Tesla's mooning with a tasteful night landscape