Tagged: currency

Hong Kong and Thailand to Launch Cross-Border Digital Payment Systems

Hong Kong and Thailand aims to revolutionize the way travelers handle currency exchange with the launch of interoperable digital payment systems. From December 4, residents from both regions will be able to make transactions using their local digital payment platforms, thanks to a landmark agreement… Read More

Multi-Currency Digital Platform YouTrip Raises $50m to Further Expand in SE Asia

YouTrip, a multi-currency digital payments platform in Southeast Asia, has successfully secured $50 million in its latest Series B fundraising round, according to an announcement. This round was led by Lightspeed, a global venture capital firm and a new investor in YouTrip, propelling the company’s… Read More

Crypto.com Exchange Lending Announces BTC as a Loan Currency

Hong Kong-based Crypto.com announced on Wednesday its Exchange Lending users may now secure a BTC loan by borrowing against their crypto and access a loan-to-value (LTV) ratio of up to 50%. According to Crypto.com, Lending allows users to monetize their cryptocurrency assets without any need of… Read More

Alchemy Pay Teams Up With QFPay to Power Digital Currency Payments For Shopify Merchants

Alchemy Pay, a hybrid digital and fiat payment solutions provider, recently announced it will be launching its hybrid fiat and cryptocurrency payment services for e-commerce merchants on Shopify through its new partnership with QFPay,  a fiat payments provider with more than 1.2 million merchants. “Shopify… Read More

Wirecard Announces New Partnership With Singapore’s Currency Exchange Network FXChange to Provide Travelers With Digital Payment Options

Germany-based global provider of digital payments and commerce solutions Wirecard recently announced it has teamed up with Singapore currency exchange platform FXchange to provide outbound and inbound travelers in Singapore with digital payment options. Wirecard reported that the duo will be launching multi-currency Visa cards and a… Read More

UK’s Tax Authority, Her Majesty’s Revenue and Customs, Makes Changes to Its Digital Asset Taxation Framework

Her Majesty’s Revenue and Customs (HMRC), the UK’s tax, payments, and customs agency, has made changes to its crypto-asset taxation framework for local firms and individuals. HMRC, which creates tax guidelines and various other financial policies, published tax guidance updates that aim to clarify the… Read More

Glint Pay Launches Gold Currency Products in the U.S.

Glint Pay Inc. (Glint), a subsidiary of the U.K.-based fintech company that makes gold an alternative global currency by enabling its clients to buy, sell, save and spend their physical gold instantly through the Glint Debit Mastercard and Glint App, announced on Monday it is… Read More

Bill.com Announces Addition of Currencies & Countries on Payments Platform

Bill.com, a business payments and software platform provider, announced on Tuesday it now supports more than 70 countries and 50 currencies worldwide. According to the platform, its international payments services help companies solve the obstacles historically presented by cross-border payments while offering a cost-effective and… Read More

Blockchain Tech Platform Billion Announces Partnership With Igoria Trade

Billon, a company that uses blockchain to built business solutions for real money and smart data, announced this week it has formed a partnership with Igoria Trade, the company behind IgoriaCard, which allows users to make payments in 150 currencies with low exchange costs and access… Read More

Fintech Chat App Consentium Secures $10 Million Through ICO Sale & Launches in Asia

Consentium, a Singapore-based multi-digital currency and group monetization chat application, announced this week it has secured $10 million from its private ICO sale, which was launched on 25 January. The company reported that the funding will be used to drive expansion across Asia, including priority… Read More

Dash Forms Partnership With KuvaCash to Fight Inflation in Zimbabwe with Cryptocurrency

Digital currency for payments Dash announced on Tuesday it has formed a partnership with KuvaCash to launch a program that is designed to solve Zimbabwe’s ballooning inflation, collapsing currency, and declining national economy. According to Dash, KuvaCash is a Dash-record $550K USD undertaking, funded directly by… Read More

Plans For the Future: Digital Currency Dash Unveils Evolution Roadmap & Three-Year Plan

  Dash, a payments-focused digital currency, announced on Tuesday its roadmap for Evolution, as well as ambitious plans for 2017 through to 2020 and beyond. According to Dash, the eight-page roadmap is now publicly available on its website and details a phased launch of its landmark product, a decentralized… Read More

Indiegogo Introduces New Payment Options Through Stripe Partnership

On Monday, Indiegogo introduced new payment options for its crowdfunding platform that will make it easier for backers to receive the support they needed. The funding portal revealed that, through its partnership with credit card vendor Stripe, it has begun to roll out Stripe payments… Read More

UK Fintech Startup WeSwap Secures £1M Funding Target Prior to Seedrs Public Launch

On Wednesday, UK-based fintech startup, WeSwap officially launched its equity crowdfunding campaign publically on Seedrs. The company successfully secured well over its £1 million funding target from more than 1,800 investors during the initiative’s pre-registration. WeSwap was founded in 2011 and opened to the community in… Read More

UK Fintech Startup WeSwap to Crowdfund to Finance Currency Exchange Community

This week, UK-based fintech startup, WeSwap, announced plans to launch an equity crowdfunding campaign after raising $6.5 million in seed funding from Ascot Capital Partners, EC1 Capital and existing investors IW Capital. WeSwap, which was founded in 2011 and opened to the community in 2013,… Read More

Brief: Crowdcube #FundedClub Member FourEx to Open Fifth Currency & Coin Exchange Kiosk in London’s Bridge Station

This weekend, Crowdcube announced that its #FundedClub member and creator of a self-service multi-currency note/coin exchange machine, FourEx, is set to open a new kiosk in London’s Bridge Station this month. Back in March 2015, FourEx secured £670,760 from 424 investors during its Crowdcube run. The company’s machines use image recognition… Read More

eCoinConcepts Launches Bitcoin Industry’s Most Secure Storage Device, BitStash

eCoinConcepts, a provider of storage for digital currency, announced on Wednesday (October 22nd) that it is set to launch its first consumer facing product, BitStash, dubbed to be the safest and most secure device for storing and spending Bitcoin in the market today. CTO of… Read More

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