November 7 – 5 Key Stories From The Digital World

By November 7, 2019 Insight

1. The United States Of Fintech Startups

  • Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year
  • most well-funded US fintech startup is SoFi, with $2.5B in disclosed equity funding
  • SoFi is followed by New York-based health insurance upstart Oscar Health ($1.3B in equity funding) and North Carolina-based bill pay platform AvidXchange ($724M)

2. Uber Air takes one software step toward the sky

  • ride-sharing “flying cars” took one step closer to reality by incorporating a new open-source 3D geospatial initiative
  • will help Uber’s futuristic electric vertical takeoff and landing (eVTOL) aircraft navigate across the skies using 3D geospatial data
  • Uber Air will first fly experimentally in Dallas-Fort Worth/Frisco Texas, LA, and Melbourne in 2020

3.  Volvo turns to blockchain to check EV batteries are responsibly sourced

  • starting a digital ledger to keep tabs on where and how suppliers sourced the material
  • Those who are part of the blockchain can independently verify any transaction and tampering is theoretically impossible
  • Volvo will be able to trace the cobalt’s origin, weight, size and see who handled it and in what fashion along the way

4. From new owners to on-field analytics, here’s how technology impacts the Seattle Sounders FC

  • GPS trackers and heart rate monitors to measure how exactly their players are performing…Drones are also used to capture practice footage
  • resulting data is crunched with tools such as SQL and Tableau to help make tactical decisions and prevent injury
  • team hosted its first Sounders Analytics Conference this past June in Seattle, where soccer analytics experts from around the world gathered to discuss the future of data and sports

5. Esports as a tourism generator? It’s more likely than you think!

  • if cities can develop proprietary strategies around the local, regional, national, and international opportunities
  • esports grew up over the internet, leading to a decentralized movement that defies the locally-based norms of conventional sports
  • inaugural esports events are already exceeding expectations and surpassing traditional sporting events, concerts and other entertainment categories