Revolut’s cryptocurrency Services are coming earlier than planned due to the fallout in the global economy as more countries undertake quantitative easing.
Financial market shows a constant growth. Traditional payments are being replaced by FinTech innovations. Let’s find out what top European financial companies will define the outlook of the market in 2020.
Santander’s Ripple-powered payments solution, which is set to launch in Mexico, will enhance transparency in operations, improve speed in sending and receiving payment.
Coin Metrics has raised $6 million in its Series A funding round. The company will use the money raised to diversify its product line and expand its team.
Revolut, a British fintech company, is expanding its geography. It has become known that it is entering the market of the United States.
The U.S. House Speaker Nancy Pelosi rolls out the plan by Democrats that will probably revolutionize how we accept digital dollars. It looks like the U.S. can set itself for a Government-backed stablecoin invasion.
Per the press-release made on 19 March, OKEx cryptocurrency derivatives exchange is launching a C2C loan service. It will be available via the official app, as well as via the website.
Ripple’s XRP is not suitable for Mexican remittances, but it might be a good solution in the African market where Intermex has recently expanded.
Ripple’s partnership with DeeMoney is set to enter the second phase. DeeMoney is currently the only fintech firm with a funds transfer license from the Thai Central Bank.
Both merchants and end-users of STICPAY can transfer funds across borders via an e-wallet service that offers a viable alternative to the flawed cross-border payment solutions.
In our age of digital transformation where innovative technologies are adopted by almost every known industry in the world, it’s no surprise that the financial sector is one of the key areas that foster that adoption.
FinTech, an abbreviation for Financial Technology, has helped streamline a lot of financial services for businesses and individuals alike.
