The Card had already been a success in the United Kingdom where it was launched back in April 2019 which led to Coinbase spreading its reach across the European continent.
The recent acquisition will help Robinhood expand its footprint in the UK and European market as well as further its growth prospects.
Since the invasion of Ukraine by Russia and with the ensuing sanctions on the latter, fintech firms have been particularly under pressure to bar accounts that have been flagged.
The new cards can be used for payments at more than 90 million merchant locations worldwide where Mastercard is accepted.
According to MoonPay’s press release, consumers are looking for better ways to use entertainment and involve themselves with their preferred creators.
Voyager is now the second fintech unicorn in the Philippines and is looking to enhance products offered by its digital payments app PayMaya.
Meta will begin a test of its readiness for the emerging metaverse as the company builds products and service tools for related projects.
The payment method will allow US Shopify merchants to accept Bitcoin transactions from clients internationally as US dollars.
Should the acquisition be finalized, Bolt Financial will be in the best position to deploy its resources to help expand the scope of Wyre’s offerings as more people are warming up the embracing digital currencies.
The Lightning Network as a Bitcoin Layer 2 protocol allows BTC holders to form private payment channels between each other.
Despite its relative newness, the lemon.markets platform has notably received as many as 50 proposals from fintech startups to build trading systems through the API it is providing.
According to previous media reports, QNB successfully launched a gateway between QNB Qatar and QNB Finansbank based in Turkey. The launch took place on RippleNet, which essentially expands Ripple’s services in the Middle East.
Klara’s journey into the open banking space began back in 2014 when it acquired Sofort, a German direct bank to bank payment service.
With the raised funds, the company hopes to expand its employee base from 800 to at least 1000 by the end of 2022.
The options trading provider also offers exotic options, profit sharing, on-chain, interest-bearing collateralization, AMM, Hedge, as well as Financial Instructions.