Bancambios Financial Technologies

in #bancambios • 6 years ago

Banca > Bank or Banking. Medieval origin (11th-15th centuries) The word bank comes from an Italian word banco, meaning a bench since Italian merchants in the Renaissance made deals to borrow and lend money besides a bench. They placed the money on that bench.
The Oldest Bank in the World: Banca Monte dei Paschi di Siena Italy, 1472.

Cambios > Change or Exchange. Cambio in Latin means: mutation, transformation, variation, update, evolution, moneta (coin of small denomination), process of alteration, rearrangement, or permutation.

6 years ago in #bancambios by
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