The establishment of ANEXT is a sign that the firm is still keeping track of its growth push, and should the new firm trail Ant Group’s style of growth, it stands the chance of becoming a mega unicorn in the near future.
The bank plans to begin mobile-only current accounts which will be upgraded as customer feedback comes in.
In a bid to accelerate its growth, Mondu has recruited top talents to its experienced team. The company has added around 37 new hires.
Investors backed the firm in part thanks to the fact that they recognize the experience the team behind the project brings to the table, and how essential the solution being introduced is.
Once the new service launches, MoneyGram platform will be using USD Coin (USDC) that the fintech company Circle and crypto exchange Coinbase jointly launched on the Stellar blockchain in order to quickly move value around the globe.
Despite the economic downswing which has made Klarna wants to lay off staff, fintech like Revolut and Wise are not cutting jobs.
Discussions on the future of payments are one of the most important debate topics today, considering the growing influence of digital currencies in the grand scheme of things.
The growing popularity of cryptocurrencies has continued to attract a lot of prominent fintech firms with PayPal coming off as one of the many.
Though new, the Onyx Digital Assets platform is gradually gaining a fair market share of the repo market that is currently dominated by the US Government, thanks in part to the embrace from financial giants utilizing it.
The LUNA crash wiped off as much as 15-25% of major cryptocurrencies in the market.
The Meta Pay crypto payments filing submitted by Facebook parent Meta Platforms will open users to more cryptocurrency and digital tokens.
Robinhood has announced plans to launch a standalone custody DeFi wallet that will allow users to transact digital currencies and NFTs.
Mastercard biometric payment feature will first launch this week as a pilot in five St Marche supermarkets in São Paulo, Brazil. Later, the company will expand the program.
BVNK will use the funds realized from the Series A round to further its push for regulatory approval.
While the platform will support only Bitcoin and Ether trading initially, it will add support for other cryptocurrencies along the line.