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.

New Jersey 217

New Jersey Bitcoin Lending blockchain 217

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.

Bitcoin 100

Bitcoin cryptocurrency Course Capital 100

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.

cryptocurrency 349

cryptocurrency Report Regional Capital 349

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.

Lending 68

Lending Online Bitcoin California 68

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.

Bitcoin 141

Bitcoin NJ cryptocurrency social media 141

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 […].

Bitcoin 170

Bitcoin blockchain cryptocurrency Technology 170

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.

Bitcoin 100

Bitcoin cryptocurrency Security Taxes 100

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.

Bitcoin 101

Bitcoin Cards Capital Conference 101

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.

blockchain 131

blockchain Bitcoin Payments Lending 131

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.

Capital 100

Capital San Francisco Bitcoin United States 100

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

Innovation 191

Innovation Lending Fintech Bitcoin 191

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?

San Francisco 56

San Francisco Bitcoin cryptocurrency Capital 56

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.

Bitcoin 101

Bitcoin Capital Marketing Lending 101

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.

Strategy 190

Strategy Report Lending Fintech 190

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.

Fintech 135

Fintech Capital Groups Analytics 135

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. .

Bitcoin 101

Bitcoin cryptocurrency blockchain Conference 101

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.

Company 65

Company Fintech Comparison Marketing 65

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 […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

Bank Innovation

FEBRUARY 28, 2018

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

Bitcoin 259

Bitcoin Capital Lending Online 259

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.

Bitcoin 12

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.

Bitcoin 12

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.

Washington 101

Washington Regulation Conference Fintech 101

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.”

blockchain 100

blockchain Lending Survey National 100

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.

Capital 108

Capital Software Fintech Company 108

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.

cryptocurrency 97

cryptocurrency System Bitcoin Policies 97

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?

blockchain 139

blockchain Course Bitcoin Examples 139

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.

Lending 100

Lending Fintech Data Capital 100

Celent Banking

SEPTEMBER 30, 2015

In Latin America two chilean start-ups were the winners: Destacame.cl , aiming to financial inclusion by creating a credit scoring based on utility payments; and Bitnexo which enables fast, easy and low cost transfers between Asia and Latin America, using Bitcoin. These seem to be the areas of major investment for the last two years.

America 100

America Fintech Big Data Regional 100

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. Other things like Compound are essentially a securities lending marketplace?—?you But being a leader doesn’t yet mean celebrating industry victory?—?Ethereum’s

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

JULY 29, 2020

The Tel Aviv Stock Exchange (TASE) has launched a new central blockchain securities lending platform in Israel, according to a press release — the first in the area. The project was started in March 2020 and tested lending transactions in the new platform. dollars, with privacy coins not allowed.

Bitcoin 141

Bitcoin Lending blockchain System 141

PYMNTS

AUGUST 22, 2016

Reality Check: Bitcoin Is For Criminals. If Professor Rogoff wants to know what’s the currency of the big-time criminal today, it’s not cash, it’s bitcoin. Bitcoin is being credited for the rise in the rate of ransomware attacks , which have quadrupled this year. Why bitcoin? That efficient payment method is bitcoin.

Payments 100

Payments Bitcoin Cards Taxes 100

PYMNTS

OCTOBER 17, 2017

According to news from Reuters , this latest round was led by Jefferson River Capital, LLC, the family office of Tony James, president and chief operating officer of private equity firm Blackstone. I wouldn’t rule it out because the technology lends itself, but we are very focused on what is not a small market segment,” Masters said.

blockchain 100

blockchain New York Maine Groups 100

PYMNTS

AUGUST 20, 2018

That caution comes even while the door is being opened for some lenders such as OnDeck Capital to operate nationally rather than contending with a patchwork of state regulations and operating in each market, in effect, locally. Might a floodgate be opened — if only one were to open the floodgates? Separately, and looking beyond the U.S.,

Fintech 101

Fintech Survey Regulation Resources 101

Lex Sokolin

JULY 1, 2019

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Finance in motion— $1B moved for $0.02 We are here.

Bitcoin 40

Bitcoin System Software blockchain 40

PYMNTS

JULY 5, 2018

In addition to the official launch of its portal, TheHive Project also announced plans for a crowd sale to raise 2,000 bitcoin, which it said will be used to focus on development of its Hive Invoice Financing Fund so it can eventually lend to SMBs directly.

blockchain 117

blockchain Compliance Technology Regulation 117

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

JUNE 10, 2016

But Circle, which has grown quickly since founding in 2013, comes well-financed and with a clear vision for what it wants to be — the firm that uses bitcoin (and other digital currency) as the tech that can transfer any currency anywhere. Kennedy School of Government.

Regulation 100

Regulation National Austin Fintech 100