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Square Buys Up $50M In Bitcoin

PYMNTS

Square , the FinTech payments company headed by Twitter CEO Jack Dorsey, announced on Thursday (Oct. The company has previously invested in bitcoin “from a product, leadership and legal innovation perspective.”. Square also recently rolled out the nonprofit Cryptocurrency Open Patent Alliance (COPA).

Bitcoin 289
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Far Point Merges With Global Blue In $2.6B Deal

PYMNTS

Virginia-based FinTech firm Far Point closed a $2.6 Far Point was founded in 2018 to acquire FinTechs and was launched by activist investor Daniel Loeb’s hedge fund company Third Point and former NYSE President Thomas Farley. Airports connect luxury brands with consumers looking for something different they can’t buy at home.

Taxes 130
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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147
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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts. An undisclosed amount of Series C funding will help ZP Group, based in Virginia, focus on strategic investments to grow its cybersecurity offering. Employment Hero.

US 116
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Few places are more receptive to new ideas and innovative business models than Silicon Valley. Mozido’s fintech fraud fiasco. In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions. The Outcome.

Fraud 78