Latest tagged: "FinTech"
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From Around The Web
El Salvador’s new bitcoin wallets could cost Western Union and similar companies $400 million a year
10 September 2021
-In 2020, El Salvador received nearly $6 billion in remittances, which accounted for about 23% of its gross domestic product. -President Nayib Bukele estimates that mone...
Hosted By: CNBC
From Around The Web
Funding Circle names new CEO as it swings to profit
10 September 2021
The head of online lending platform Funding Circle's (FCH.L) British business will succeed Samir Desai as chief executive, the company said on Thursday as it reported a s...
Hosted By: Reuters
From Around The Web
TrueLayer teams up with Cazoo to power instant payments and refunds
10 September 2021
Financial API provider TrueLayer has joined forces with online car retailer Cazoo to improve its payment and refunds platform, using the power of open banking. Under the...
Hosted By: Altfi
Varo Bank triples valuation to $2.5bn
10 September 2021
The boost comes after the San Francisco-based challenger bank secured ...
Mastercard buys crypto intelligence firm CipherTrace
10 September 2021
It is the latest bet on acquiring digital assets and ...
From Around The Web
New Energy Nexus launches climate fintech cards and payments challenge
09 September 2021
Global network of accelerators and funders of climate solutions, New Energy Nexus, has just announced the launch of its Climate Fintech: Cards & Payments Challenge (C&P C...
Hosted By: Finextra
From Around The Web
Thought Machine's Cauldron spins off to create financial video games
09 September 2021
After seven years of quietly building banking experiences, Thought Machine’s creative arm, Cauldron, is being spun off as a standalone financial video game studio. In w...
Hosted By: Altfi
From Around The Web
Wise: Banks will face death by a thousand fintechs if they don't collaborate with new innovations
09 September 2021
The thought of “coming together” and “partnerships” have historically not conjured up images of banking, yet, today, the banking sector is very familiar with thes...
Hosted By: City A.M.
From Around The Web
Funding Circle CEO to step down after over a decade
09 September 2021
Funding Circle’s CEO Samir Desai CBE will step down next year and be succeeded by managing director Lisa Jacobs, the funding platform said in an announcement today....
Hosted By: City A.M.
From Around The Web
Monzo reaches 100k business customer milestone after 18 months
09 September 2021
Monzo has reached 100,000 business account customers, the challenger bank announced on Twitter yesterday. Some 58 per cent of Monzo business users are sole traders, while...
Hosted By: Altfi
Scotland’s FinTech sector has boomed during the Covid pandemic
09 September 2021
Scotland’s FinTech sector has boomed during the Covid pandemicIn Brief:FinTech-focused ...
Standard Chartered sees Bitcoin hitting $100,000 by early next year
09 September 2021
Could it become global de facto currency for the unbanked?In ...