Tag: fintech

The latest funding extension round puts the African fintech and bitcoin app at a $2 billion valuation.African cross-border payments app Chipper Cash has raised $150 million in a Series C extension round led by bitcoin exchange FTX, leading the money transmitting app to a $2 billion valuation, reported...

AMC Theatres is on the verge of integrating the option for customers to pay for movie tickets using Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Dogecoin (DOGE), into its technical infrastructure. But that's not all. In the early hours of Friday, company CEO, Adam Aron took to his Twitter page to ask if users would The post AMC Theatres CEO reportedly considering Shiba...

The online payments supplier NETELLER officially made public today an innovative new service within its digital wallet service. This new feature allows users to withdraw fiat currency and instantly redirect these funds into any existing cryptocurrency address. NETELLER, a business division within the specialized payments-solution platform Paysafe (NYSE: PSFE), from now on is enabling its [...] The post Fiat-to-Crypto Withdrawal Service Now Available...

Anton Chaschin, Co-Founder of the crypto OTC service, became Bitfrost's Managing Partner as part of the acquisition.

Nexo, the crypto fintech platform, was recently approved by a real time Aramino Audit, which can be seen at any time by clicking on this link. The audit demonstrates that Nexo has sufficient assets to cover its liabilities. At the time of writing, the live Aramino Audit shows that Nexo has a collateral ratio of [...] The post Nexo Approved by Real Time...

Over 85,000 Swiss merchants could accept payments in Bitcoin and Ether.

Mobile payment service Venmo has rolled out a new feature to allow users to automatically acquire cryptocurrency using the cashback earned when purchasing. With this new feature, users will gain access to different cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, without being charged additional fees. The feature will not be active by default [...] The post Venmo: Users Can Now Auto-Buy...

Square...

Despite having found itself in the middle of the controversy as a result of its decision to get in the middle of investors and their decision to acquire stock, Robinhood is now considering a feature that would do just that. According to Bloomberg, data miners have found code suggesting an upcoming feature by the name [...] The post Robinhood’s Approach To Solving Crypto...

The online payment giant PayPal continues to expand its crypto services by increasing the existing crypto purchase limit and appointing a former Chainalysis executive to direct its crypto division. In a move intended to “meet the ever-changing needs” of its customers and provide customers with “more choice and flexibility” when using the platform to acquire [...] The post PayPal’s Journey Into Crypto Continues:...

The US government has announced to take down hackers behind ransomware attacks, through an extensive and more thorough process of ‘crypto tracing’. Biden administration has claimed that the plan against hackers shall also involve bounties up to $10 million for data or leads on hackers behind the ransomware attacks. The news was revealed by government The post US govt announces crypto tracing Program...

The world of financial technology is evolving. How is fintech becoming more secure, sustainable, & inclusive?

USDC, one of the most popular stablecoins in the crypto market, has announced it will be issued on Tezos, bringing the total of supported networks to 4. Hundreds of products, companies, and services in different niches support the USDC standard at this time, allowing the stablecoin to gain ground in the crypto space. With a [...] The post USDC Stablecoin Will Be Available...

Crypto.com announced that now any Bitcoin wallet will be able to make payments to a Crypto.com Pay account. With this new innovation, retailers around the world will open their business up to any wallet that holds Bitcoin. Bitcoin is the world's first – and still most popular – token. It is estimated that at least 100 [...] The post Crypto.com Pay: Now Accepts...

Major financial firm Wedbush has joined the Paxos Settlement Service according to a recent press release. Wedbush offers its clients a range of financial services, and as a part of its business, clears stock transactions on US exchanges. The Paxos Settlement System makes clearing stock transactions much easier, and has already been adopted by other [...] The post Wedbush Joins Paxos' Blockchain-based US...

Coinbase announced on June 1st that users of its Coinbase Card can now use it with Apple Pay and Google Pay, bringing crypto payments to two of the most popular mobile payment apps. Selected customers who are already on the waitlist will be invited to start using the service while earning crypto rebates, providing new [...] The post Coinbase Card: Users Can Now...

Swedish esports organization Ninjas In Pyjamas (NIP) has partnered up with cryptocurrency infrastructure firm Mercuryo. The partnership will take during Counter-Strike's BLAST Premiere Spring Finals from June 15-20. Greetings, Gaming The team at Mercuryo cited a...

Jose Fernandez da Ponte, a PayPal executive, announced at the Consensus 2021 conference that the company was actively working on the development of a cryptocurrency withdrawal feature. The General Manager for PayPal’s Blockchain, Crypto, and Digital Currencies division referred to the future feature by stating: “We want to make it as open as possible, and [...] The post PayPal Will Expand its Crypto...