PYMNTS

NOVEMBER 20, 2020

Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. Ribbit Capital, a VC firm in the U.S. that focuses on early-stage firms, led the investment round. Stripe, the U.S.-based

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PYMNTS

NOVEMBER 3, 2019

Capital One saw an outage on Friday (Nov. Capital One is experiencing a technical issue impacting customer money movement, including direct deposits, and the ability for some customers to access accounts. Capital One saw an outage on Friday (Nov. We greatly apologize for the inconvenience,” Capital One said in a tweet on Friday.

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Bank Innovation

JUNE 18, 2019

EBay today joined Uber, PayPal, Lyft and other tech heavyweights as an inaugural member of the Libra Association, the Switzerland-based organization that will oversee Facebook's cryptocurrency.

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CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . These technologies enable capital markets firms not only to adapt to market volatility, but also to pursue new growth opportunities. ESG reporting requirements. Trade analytics and execution. EQUITY MANAGEMENT PRACTICES.

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Bank Innovation

APRIL 12, 2018

The price of bitcoin surged above $8,000 today for the first time in several weeks, a rise of more than 13% over the past 24 hours, prompting excitement in the cryptocurrency community. The combined market capitalization of all cryptocurrencies rose 16% over the same period.

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BankInovation

NOVEMBER 29, 2021

billion venture focused on cryptocurrency-related investments and has hired Sam Peurifoy — an ex-Goldman Sachs analyst known for his online gaming persona “Das Kapitalist” — to lead a dedicated “play-to-earn” strategy. Former Citigroup Inc. executive Matt Zhang is launching a $1.5

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PYMNTS

OCTOBER 22, 2020

In today’s top news, Grab celebrated solid recovery in its third quarter earnings report, and PayPal has introduced wallet services for cryptocurrencies. Online clothing retailer thredUP has filed confidentially for an initial public offering (IPO) in the U.S. And resale marketplace ThredUp filed for an IPO.

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PYMNTS

DECEMBER 8, 2020

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

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PYMNTS

SEPTEMBER 2, 2019

Venture capital firm Andreessen Horowitz is attempting to fight back against Washington’s tougher stance on cryptocurrencies. And as Bart Stephens, co-founder and managing partner of Blockchain Capital, a venture capital investor focused on cryptocurrencies, noted, “The U.S. But those in attendance reported that J.

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PYMNTS

JANUARY 13, 2021

The OCC conditionally approved the charter, meaning Anchorage had to agree to comply with certain capital and liquidity requirements, as well as the OCC’s risk management rules, the release stated. Iossifov and his co-conspirators ran advertisements online, targeting U.S. The scheme defrauded at least 900 Americans.

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PYMNTS

JULY 9, 2019

Online checkout startup Bolt announced it has raised $68 million in additional funding, according to a report in Fortune. Independent retailers using this software, Bolt said, will be in a better position to compete with the likes of Amazon and other major online retailers.

Retail 115

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PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

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PYMNTS

SEPTEMBER 11, 2020

Sequoia Capital, Tencent Holdings Ltd and DST Global are among its present backers. The news comes as consumers following stay-at-home mandates are harnessing online banking platforms to assist them in supervising their finances while steering clear of public spaces such as bank offices.

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Bank Innovation

APRIL 25, 2018

Cryptocurrency startup MobileCoin has just raised $30 million for the expansion of its technology, which will link the startup’s cryptocurrency network into mobile messaging applications such as WhatsApp or Signal.

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PYMNTS

MARCH 19, 2020

In other news, Hawaii is rolling out its inaugural experimental program for cryptocurrency called the Digital Currency Innovation Lab, according to an announcement. The lab will take applications online from March 17 to May 1.

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PYMNTS

JANUARY 26, 2018

Three big Silicon Valley venture capital firms want to invest in Telegram ’s initial coin offering (ICO), The Financial Times reported. Kleiner Perkins Caufield & Byers, Benchmark and Sequoia Capital have each told the messaging startup that they want to invest $20 million, according to three individuals familiar with the deal.

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Bank Innovation

DECEMBER 19, 2017

Aside from the important events like record-level funding for fintechs across the globe, cryptocurrency mania, Coinbase entering the Unicorn club at a $1.56B valuation in the last quarter, there have been some […].

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PYMNTS

OCTOBER 9, 2020

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said during an online meeting that digital banks might face the same rules as traditional banks when the review is finished. Ripple unveiled its Line of Credit beta offering that it says lets its FinTech clients harness the XRP cryptocurrency to send international payments.

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PYMNTS

AUGUST 3, 2018

To allow eCommerce merchants to accept cryptocurrency from buyers, Coinbase has rolled out a new plug-in. The announcement comes as news surfaced that Coinbase was acquiring securities dealer Keystone Capital , a California-based FINRA-registered broker-dealer, which will allow the firm to run an alternative trading system.

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PYMNTS

NOVEMBER 24, 2019

NEM Ventures , the venture capital and investment arm of the NEM blockchain ecosystem, announced that it has made a strategic investment in Canadian cryptocurrency payments provider Cyclebit. It will also help scale the existing global service throughout North America.

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PYMNTS

NOVEMBER 8, 2019

Venture capital firm Andreessen Horowitz is offering a course to help entrepreneurs better understand blockchain technology and cryptocurrency companies, according to a report by CNBC. The company is also part of the Libra Association , which is the organization tasked with bringing Facebook’s proposed cryptocurrency Libra to fruition.

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PYMNTS

APRIL 10, 2019

The DFS cited deficiencies in capital, according to Reuters , and “failure to demonstrate that it will conduct its business honestly, fairly, equitably, carefully, and efficiently.”. In other bitcoin news, two men in Singapore were arrested on charges that they promoted OneCoin, a multi-billion dollar cryptocurrency pyramid scheme.

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Bank Innovation

FEBRUARY 9, 2018

Coinsquare, a Canadian cryptocurrency exchange, has raised $30 million in equity financing in order to help expand its growth, the company announced today. The money will be used for new hires and for the implementation of a “diversification strategy” for its platform focused on customer needs, the company stated today in a press release.

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PYMNTS

AUGUST 12, 2020

With the dramatic shift towards digital payments, the rise of open banking and the growth of blockchain and cryptocurrencies, there’s never been a more exciting time to be an innovator in FinTech,” said Ken Moore, executive vice president and head of Mastercard Labs. Startups in this growing network have gone on to raise $2.7

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PYMNTS

NOVEMBER 8, 2019

Venture capital firm Andreessen Horowitz is offering a course to help entrepreneurs better understand blockchain technology and cryptocurrency companies, according to a report by CNBC. The company is also part of the Libra Association , which is the organization tasked with bringing Facebook’s proposed cryptocurrency Libra to fruition.

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CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. For example, online exchanges are making cryptocurrency trading and investing more accessible to consumers. Exchanges: These companies provide platforms for buying, selling, and trading cryptocurrencies.

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PYMNTS

OCTOBER 13, 2020

The funding will be harnessed to grow the firm’s labor force and bolster its Razorpay neobanking platform as well as its Razorpay Capital lending arm. Allegro’s IPO success comes after an uptick in successful IPOs in the United States in addition to a rush of shoppers’ retail dollars into online shopping amid COVID-19.

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Bank Innovation

JANUARY 2, 2019

Then there is also the possible revival of older trends (hint: cryptocurrency could be […]. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

Trends 218

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PYMNTS

FEBRUARY 14, 2020

A section of the IRS website telling people that the online currency from the popular game Fortnite was subject to federal taxes has been removed as of Wednesday (Feb.12). The IRS website seemed to indicate that it would treat V-bucks like it does bitcoin and other cryptocurrencies, and looked like it could have affected millions of gamers.

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PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

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PYMNTS

DECEMBER 8, 2017

Within that $390 billion, online giving was up 10 percent last year, and mobile accounted for about 15 percent of those online transactions — percentage that is likely to grow as millennials become a stronger economic force. Of all online orders, 69 percent are placed on a mobile device. $85 taking the lead.

Mobile 109

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PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. The talks are not final and no deal has been made. Jack Randall, a spokesman for Robinhood, declined to comment.

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PYMNTS

AUGUST 25, 2017

Researchers found that online lenders are headed for a five-year low in venture capital levels. Capital Float. With $45 million in fresh funding, Capital Float, based in India, said it is on a path to growth when it comes to small business lending. Northern Light Venture Capital and LB Investment also participated.

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Bank Innovation

MAY 3, 2018

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 […]. 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.

Bitcoin 170

Bitcoin blockchain cryptocurrency Technology 170

PYMNTS

DECEMBER 16, 2020

Plus, Barclaycard is launching a Barclaycard Precisionpay Go system to let companies issue virtual cards for the online business expenses for employees. . to fuel its online private banking offerings. to power its digital private banking offerings. FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account. Aeldra’s U.S.

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PYMNTS

NOVEMBER 12, 2019

“But at the same time we will keep the balance between the ‘controllable anonymity’ and anti-money laundering, CTF [counter terrorist financing], and also tax issues, online gambling and any electronic criminal activities,” he added.

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Bitcoin cryptocurrency blockchain Conference 101

Bank Innovation

DECEMBER 11, 2017

Cryptocurrency wallet provider BitGo has just raised $43 million in new funding, the company announced today, which will be put towards expanding the use of its technology among institutional investors.

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