SoFi to Buy Payment Processor Galileo for $1.2 Billion
By Christopher Hamman April 8th, 2020
SoFi will acquire Galileo. It will significantly affect the fintech industry as Galileo processes payments for many fintech companies.
FinTech
Find latest news about FinTech - the technology that drives the development of financial applications, processes and products revolutionizing the way we live 
Revolut Opens Cryptocurrency Services to All Standard Users Earlier Than Planned Due to Crisis
By Christopher Hamman April 4th, 2020
Revolut’s cryptocurrency Services are coming earlier than planned due to the fallout in the global economy as more countries undertake quantitative easing.
Top 5 European Fintech Payment Companies to Watch in 2020
By Natallia Maksimenko March 31st, 2020
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 Plans to Launch Ripple-powered Payments Solution One Pay FX in Mexico in 2020
By CoinSpeaker Staff March 30th, 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 Raises $6M in Series A Funding Round Led by Highland Capital Partners
By Daria Rud March 27th, 2020
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.
British Fintech Company Revolut Launches Its Services in United States
By Steve Muchoki March 24th, 2020
Revolut, a British fintech company, is expanding its geography. It has become known that it is entering the market of the United States.
Digital Dollar Bill by Democrats Will Work under Fed Supervision
By Jeff Fawkes March 24th, 2020
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.
OKEx Will Let Users Perform C2C Loans via DeFi App
By Jeff Fawkes March 24th, 2020
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 Used by Intermex for Its Mexican Remittances
By Daria Rud March 23rd, 2020
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 Partners with DeeMoney to Power Faster and Cheaper Cross-Border Money Transfers
By Christopher Hamman March 19th, 2020
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.
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.
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