ING has commenced working with the Netherland Authority for the Financial Markets on a trial of its peer-to-peer DeFi lending protocol.
Mastercard wrote that consumers and businesses in the Asia Pacific region will have access to apply for crypto cards.
The recent JUMO funding round comes amid increased interest from US investment and financial institutions in African fintech.
UK Fintech company Revolut begins hiring for a technical lead to architect a crypto exchange.
Leading fintech Kakao Pay experienced a 156% surge in share price on its trading debut with shares hitting 230,000 won.
Starling has caught the eyes of JPMorgan and Barclays that showed interest in acquiring the digital bank. Starling Bank, however, has declined the requests.
The Mastercard CEO, Michael Miebach, is confident that the company is ready to offer its service when governments begin to issue CBDCs.
The new Zolve funding will help the company expand its offerings as it realises that many customers uses it as their primary accounts.
Stripe and Klarna are collaborating in 20 countries to offer Klarna’s BNPL service to enter the competitive and popular repayment sector.
With the 2.8 billion Mastercard users globally, the announcement could skyrocket the adoption of Bitcoin and altcoins.
The fintech company is looking to create more awareness for digital banking among US citizens. Revolut US CEO Ron Oliveira also said slashing fees would empower its US customers to attain financial freedom.
N26 is competing established banks by introducing app-based checking accounts without the need to pay any additional fees.
Payment platform Strike says US users can now convert their salaries to Bitcoin. The new feature allows access regardless of the employer’s adoption.
SheeldMarket aims to attract institutional players from Europe while giving them exposure to several crypto derivative products and DeFi protocols.
The SumUp-acquired company Fivestars had previously raised a total of $115 million and seen support from investors, including Lightspeed Venture Partners and Menlo Ventures.