Decentralized сryptocurrency trading platform Waves has stopped its activity as a DEX and is starting to operate as a hybrid exchange.
SoFi founder Mike Cagney’s Figure Technologies is reportedly aiming to raise an additional sum of $100 million through a Series C funding.
Huobi, along with many other local Chinese companies from the banking and telecom sector, joined the state-backed popular blockchain consortium Blockchain Services Network (BSN).
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Klarna emerges as the leading fintech startup in Europe. It has more than 190,000 merchants from all over the world as its partners.
Robinhood has announced a voluntary withdrawal of its application for a bank charter, to become a proper bank in the U.S.
Revolut has introduced the direct debit feature for its UK users in addition to EUR direct debits that were introduced last year.
Fintech is fluid and as it continues to grow, certain trends begin to form. In this article, we will have a look at 5 of them.
TransferGo, which was already a part of RippleNet, will now start to use Ripple’s ODL for its cross-border transactions.
MiddleGame Ventures has announced a new fund for early-stage lead investments in startups from Europe and North America.
Ualá, an Argentine personal finance management app, has managed to raise $150 million in a funding round led by Tencent and SoftBank’s Latin America-focused Innovation Fund.
Ripple Labs has just completed a $50 million investment in MoneyGram. Their collaboration dates back to 2018 when MoneyGram decided to test the use of XRP to reduce the costs of its money transfers.
Apple Inc. forecasts that it will sell more than 100 million of iPhones 12 in 2020 as the next iPhone line is expected to feature 5G networking. It may have a positive impact on Apple stock.
The People’s Bank of China has a plan to create a new set of standards for both fintech and blockchain industries in the nearest future.
PayPal’s CEO Dan Schulman explained what reasons they had for taking a decision to leave the widely-discussed Libra Association.