PYMNTS

OCTOBER 9, 2019

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. Because threat actors often get recipients’ emails from password breach lists, they sometimes include passwords to lend authenticity,” Hunter Johnson, Cofense Professional Services at Cofense, wrote in a blog post.

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PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

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PYMNTS

MARCH 10, 2020

dollars against bitcoin holdings kept in the Blockchain Wallet, Coindesk reported. The offering occurs following Blockchain’s opening of an institutional lending desk last summer. Lending has become a quickly growing area in the digital currency sector. The offering will provide loans in stablecoins that are denominated in U.S.

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PYMNTS

MARCH 3, 2017

Bitcoin’s market cap is currently well over $20 billion as value rose well over $200 in the past two weeks. At the time of writing, bitcoin was worth $1,270.86, up 3.32 As bitcoin rose, TechCrunch noted that the value of 1 BTC had actually surpassed the value of an ounce of gold — the go-to alternative asset.

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PYMNTS

AUGUST 21, 2020

“It’s possible that the economic tumult may have prompted some capital flight from China, though much of the Tether movement could have been East Asia-based cryptocurrency traders moving their holdings to international exchanges in order to trade at a time when cryptocurrency price volatility was high,” Chainalysis wrote.

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cryptocurrency Report Regional Capital 349

PYMNTS

FEBRUARY 22, 2019

FinTechs that landed new funding include a firm targeting friction in B2B payments in the construction space, alternative small business lenders and a company helping accountants guide their SMB clients toward capital. Hillhouse Capital led the firm’s “D1” round, while Sequoia China led its “D2” raise.

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CB Insights

AUGUST 16, 2021

Upgrade , an online lending platform, has raised $105M in a Series E. The round drew participation from Black River Ventures, Ventura Capital, and Koch Disruptive Technologies. The company recently launched its Upgrade Bitcoin Rewards Card — a credit card that offers rewards in bitcoin rather than cash.

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PYMNTS

FEBRUARY 14, 2020

Meanwhile, a Peter Thiel-backed venture fund , Valar Ventures, lent a hand in a $30 million second round of financing for crypto trading and lending platform BlockFi. The firm has about $650 million in assets and said other backers aside from Valar included Morgan Creek Digital, Avon Ventures and Winklevoss Capital.

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Bank Innovation

MAY 3, 2018

Square made a splash when it announced it would sell bitcoin in its Cash app, but failed to make much money doing so, it was revealed yesterday. But working with the cryptocurrency taught the payments company quite a bit about blockchain technology, and how it ends up employing that knowledge may be the true payoff […].

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PYMNTS

SEPTEMBER 9, 2016

Who knew that Tyler and Cameron Winklevoss, known for their early involvement in Facebook, were in love with bitcoin? You might, when you find out that they were the first to file for a bitcoin Exchange-Traded Fund (ETF) with the Securities and Exchange Commission (SEC). And do you care? They do have a point there.

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PYMNTS

NOVEMBER 14, 2018

On November 14th 2017, the price of bitcoin was a little over $6,500 — a bit more than it is today at $6,300. Those two data points belie the fact that the last 365 days have seen a wild ride for bitcoin and its investors. The Basics Of Coin-Backed Lending.

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PYMNTS

FEBRUARY 28, 2018

Square posted results that topped the Street amid a diversifying model that saw traction not just in gross payment volumes with its traditional enterprise point of sale business and Square Capital , but in consumer-focused initiatives as well, including its Cash App. Drivers included Instant Deposit , Caviar and Square Capital.

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PYMNTS

APRIL 30, 2020

Telegram also reportedly offered an option for investors to lend their investment to the app up to this time in 2021. The venture capital firm said it has raised an overall $515 million, which is said to exceed the first $450 million goal for its “Crypto Fund II” that is designated for blockchain and digital currency projects.

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PYMNTS

DECEMBER 5, 2016

The attacker demanded 100 bitcoin (approximately $73,000) in ransom and displayed in the message to contact cryptom27@yandex.com for the decryption key. But the world is full of unexpected costs — just ask the team at CAN Capital. CAN Capital, the small business online lender, has announced that its CEO is on a leave of absence.

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PYMNTS

SEPTEMBER 14, 2017

In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. Some of the more prominent names in the marketplaces lending space include OnDeck, Kabbage and Orion First. New tools for new FinTechs. “We

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PYMNTS

MARCH 13, 2019

percent stake in Bankorus , a blockchain banking platform that allows individuals and institutions to securely buy, sell, store and lend digital assets. In other news, Overstock ‘s blockchain subsidiary, Medici Ventures , has acquired a 5.1

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PYMNTS

APRIL 6, 2018

Blacksoil Capital linked B2B eProcurement firm IndustryBuying with nearly $2 million in venture debt, reports in Inc42 said this week. The India-based startup has already seen funding from Kalaari Capital, Saif Partners and Beenext. million from InnoVen Capital, Inc42 reported this week. IndustryBuying. Alternative Finance.

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CB Insights

OCTOBER 22, 2021

Element Finance , a decentralized finance (DeFi) lending protocol for cryptocurrencies, has raised $32M in Series A funding. The round drew participation from Polychain Capital, Rarestone Capital, Andreessen Horowitz, Republic, and Advanced Blockchain, among others. HOW’S THE COMPANY PERFORMING? Want the full post?

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PYMNTS

AUGUST 2, 2018

This year has also seen the launch of bitcoin trading through the Square Cash app. Square reported it had generated $37 million in revenue from bitcoin trading via the app — but Square elected to leave that figure and bitcoin-related costs out of its adjusted revenue.

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PYMNTS

SEPTEMBER 13, 2017

But, because these solutions — like Bitcoin — are largely untested, many traditional banks are wary of investing in companies that operate in the space. Traditional banks are seeing new FinTech players become more competitive on several fronts, including lending. APIs invite innovative changes to banking.

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PYMNTS

FEBRUARY 3, 2017

Alternative lending, eProcurement and cross-border payments innovators all saw impressive activity (though several funding values remained private), and one single startup raised $165 million — more than the rest of the eight other funding rounds this week combined. Alternative Lending. eProcurement. Tradeshift. BuyerQuest.

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PYMNTS

SEPTEMBER 1, 2017

Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. This week’s B2B venture capital activity led to an impressive $141.2 SIG, GGV Capital, Yunqi Partners, Huochebang, SKy9 Capital and Chuangban Investment also participated in the funding round, reports said. TravelBank.

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PYMNTS

NOVEMBER 12, 2019

Similar to cryptocurrencies like bitcoin and Facebook’s proposed libra, China’s Digital Currency Electronic Payment will be powered partially by blockchain technology and dispersed through digital wallets. Last month , China’s congress passed a cryptography law to promote crypto development and ensure sound cybersecurity. .

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CB Insights

AUGUST 3, 2017

Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. Lending : Companies providing loan and credit products, such as Creditas , which has raised $27M to offer collateralized loan products. 500 Startups, Kaszek Ventures, Lead Edge Capital. LatAm Fintech.

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Bank Innovation

JUNE 8, 2018

Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. What is the state of banking innovation today? Each year, we poll the industry to find out. This year, the pressure for banks to innovate is high, as banks no longer […].

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Bank Innovation

FEBRUARY 28, 2018

EXCLUSIVE–Is Square quietly building the P2P app that will take Venmo’s crown?

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Fintech Labs Insights

MAY 20, 2015

Global bitcoin lending platform, Bitbond , announced today it received $670,000 (€600,000) in an Angel funding round. Early investor, Point Nine Capital, led the round, and a host of Angel investors also contributed. The post Bitcoin-Based P2P Lending Platform Bitbond Raises $670,000 appeared first on Finovate.

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Bitcoin Lending Capital Marketing 12

Fintech Labs Insights

FEBRUARY 4, 2016

Lending and borrowing money using bitcoin just got a lot easier. P2P bitcoin lending platform, Bitbond , has released its API for investors and developers. Recent headlines for Bitbond include the launch of its bitcoin purchasing power index in November, and the beginning of its bitcoin affiliate program in September.

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Bitcoin Lending Innovation New York 12

PYMNTS

FEBRUARY 15, 2018

He further noted that if “I need capital to lend, then let’s have the same rules for everyone – for the internet giants, too.”. In the bitcoin realm, finance officials from France and Germany have requested that discussion of cryptocurrencies – specifically on policy – be part of the agenda at next month’s G20 meeting.

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PYMNTS

AUGUST 22, 2016

In a statement, Tungsten CEO Richard Hurwitz said that, if SMEs realized even a portion of this savings potential, “profitability would soar, and working capital, as well as cash flow, would be significantly improved, allowing businesses to be more agile and flexible.”

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PYMNTS

APRIL 11, 2018

The bill, among other things, would boost the threshold that helps define which banks are “big” and how they might be tied to stricter capital requirements. And, in reference to the loosening of capital and stress-testing requirements, Kimner stated that “the advantages of the shift fall mainly to banks under $250 billion.”

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BankUnderground

OCTOBER 13, 2022

That’s the same whether you’re a traditional bank taking in deposits and lending in fiat or crypto lender doing it in crypto (eg Celsius ). As Ben Dyson points out , this is unlikely to persuade investors to stay in: it pays no coupon, offers no risk premium and if the currency never recovers coinholders risk a 100% loss of capital.

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PYMNTS

JANUARY 6, 2017

In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. 5), with Altimeter Capital and Scale Venture Partners leading the Series D round. Alternative Lending. Namely announced the latest investment Thursday (Jan. million — over the next 90 days.

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PYMNTS

FEBRUARY 26, 2018

The Office of the Comptroller of the Currency is examining the Community Reinvestment Act, which in part means that rules governing short-term lending may be reversed, and would let community banks compete more directly against payday lenders. Capital requirements would be loosened and stress tests would come less than once a year.

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PYMNTS

DECEMBER 24, 2019

But in business, money is oxygen, and when the flow of money, from venture capital and private equity firms, or investment from companies willing to commit research and development dollars to a sector starts to dwindle, then several projects do not make it beyond concept to the land of reality. Want another data point?

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CB Insights

MAY 6, 2020

Covid-19 adds new uncertainty for lending and SMB-related startups. In the near-term, however, startups targeting SMBs or offering alternative lending are dealing with major challenges stemming from the Covid-19 pandemic. The payments and lending categories have received the most early-stage deals from Fintech Smart Money VCs.

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PYMNTS

DECEMBER 7, 2016

Rounding out the top three investments, Notion Capital invested nearly $19 million in Smartpipe Solutions, which was a slight boost to activity in the data analytics space. The funding comes as Leveris launches its full-stack core banking and lending platforms, which Lawlor said will work to bring banks into the future.

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