Samantha Hurst

Mastercard’s New Payments Index Reveals: Consumer Interest In Digital Payments Is Taking Off

  Mastercard announced on Tuesday the release of its Mastercard New Payments Index. According to Mastercard, the Index was conducted across 18 markets around the world and revealed that 93% of consumers will consider using at least one “emerging” payment method, such as cryptocurrency, biometrics,… Read More

Financial Data Exchange Announces 18 New Members; Brings Total Membership to 186 Organizations

Fintech

Financial Data Exchange (FDX), a non-profit organization that is dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure and convenient consumer and business access to their financial data, announced on Tuesday it has welcomed 18 new members since the beginning… Read More

B2B Payments Optimization Platform Boost Payment Solutions Scores $22 Million Through Series C Funding Round Led By Invictus Growth Partners

  Boost Payment Solutions, a B2B payments optimization that has processed more than $10 billion in card payments for over 15,000 enterprises across five continents, announced on Tuesday it raised $22 million through its Series C funding round, which was led by Invictus Growth Partners with… Read More

Identity Infrastructure Company Persona Secures $50 Million Through Series B Funding Round Led By Index Ventures

  Persona, a U.S.-based identity infrastructure company offering businesses the building blocks to create a personalized identity verification experience for any use case, announced on Tuesday it secured $50 million through its Series B funding round, which was led by Index Ventures with participation from Coatue…. Read More

Global Payment & Commerce-Enabling Platform Payoneer Announces Collaboration With eBay

  Payoneer Inc., the global payment and commerce-enabling platform, announced on Tuesday it is collaborating with eBay to enable sellers in select countries to get paid for their sales on eBay’s core marketplace. Payoneer reported that the partnership is part of eBay’s mission to modernize… Read More

Pakistan Digital Financial Services Provider JazzCash Unveils Mobile App Specifically for Businesses

JazzCash, a Pakistan-based digital financial services provider, has launched its mobile app specifically for businesses. The app notably aims to make digital payments more efficient and easy to use for bsuiness owners, company managers, and home businesses. It will also help “kickstart” the digital payment… Read More

Mastercard Welcomes Six Startups to Start Path Program

Mastercard announced on Monday it welcomed six startups to its Mastercard Start Path program. The startups were notably dedicated to building blockchain-based payments solutions and also designing sustainable lending platforms. As previously reported, Start path is an engagement program is dedicated to fintech innovators that… Read More

Overfunding: UK Challenger Banking Startup Zvilo Quickly Surpasses Initial £200,000 Funding Target Through Seedrs Campaign

  Zvilo, a UK-based challenger banking startup, has quickly surpassed its initial £200,000 funding target through its equity crowdfunding campaign on Seedrs.  The funding round, which recently made its debut on the platform, has already attracted more than 100 Seedrs investors. Founded in 2019, Zvilo stated it… Read More

Cryptocurrency ATM Network Bitcoin Depot Launches More Than 350 New ATMs Across the U.S.

  Bitcoin Depot, a cryptocurrency ATM network, announced on Monday it has launched more than 350 new crypto ATMs opening across the U.S. Founded in 2016, Bitcoin Depot describes itself as a multi-cryptocurrency ATM network that offers users the ability to buy and sell Bitcoin,… Read More

The Financial Technology Association Names Klarna, Truework, Nium & Sezzle As New Members

Financial Technology Association (FTA), a trade body for the technology-centered financial services industry, announced on Monday that Klarna, Truework, Nium, and Sezzle have become its newest members. As previously reported, FTA said it believes the successful integration of Fintech solutions in the American financial system… Read More

Canadian Fintech Mogo Announces Corporate Investment in Ethereum

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Monday it has purchased approximately 146 Ether (ETH) at an average price $2,780. The company reported that its Ethereum investment is consistent with management’s plans to increase its on-balance… Read More

Social Investing App Invstr Launches Cryptocurrency Trading Through Collaboration With Vast Bank

  Social investment app Invstr announced on Monday the launch of its cryptocurrency trading through its collaboration with Vast Bank. Invstr reported that it is using the Coinbase exchange platform for trading and its members in all 50 U.S. states are now able to buy and… Read More

TD Bank Announces Completion of Wells Fargo’s Canadian Direct Equity Finance Business Acquisition

    TD Bank announced on Monday it has completed the acquisition of Wells Fargo’s Canadian Direct Equipment Finance business. TD Bank reported that the acquisition adds scale and capabilities to its existing Canadian Equipment Financing business and expands the bank’s presence in core markets. While… Read More

Wealthsimple Secures $750 Million Through Latest Investment Round; Now Has Post-Money Valuation of $5 Billion

  Canada-based fintech and global digital investing service Wealthsimple announced on Monday it raised CAD$750 million through its latest investment round and now has a post-money valuation of CAD$5 billion. According to Wealthsimple, The round is led by Meritech and Greylock, with participation from DST… Read More

Canadian Digital Asset Custodian Brane Capital Now Seeking Approval for U.S. Trust Charter

Brane Capital, a digital asset custodian based in Canada, recently announced it has completed an extensive application filing process for a public trust company charter with the South Dakota Division of Banking. The company reported that the charter will allow it to offer the full… Read More

DeFi Platform ShapeShift Now Offering Cross-Border Chain Bitcoin Swaps Through Hardware Wallet Device

ShapeShift AG, an instant exchange for Bitcoin digital currency and other blockchain assets, recently announced it has enabled cross-chain swaps via THORChain and Ethereum-based DEX trading on its web platform. ShapeShift reported that while the capabilities were previously available on its mobile interface, the web-based… Read More

Milestone: Australian Blockchain Platform Fantom Surpasses Three Million Transactions

  Fantom, an Australia-based blockchain platform, announced over the week it has surpassed three million transactions. Founded in 2018, Fantom describes itself as a consensus-as-a-service (CaaS) platform for the next generation of distributed ledgers. “The team behind Fantom has created a consensus mechanism which is… Read More

Carbon Neutral Wellness Company The Naked Collective Raises Nearly €1.9 Million Through Crowdcube Campaign

  The Naked Collective,  a carbon-neutral wellness company, has successfully secured nearly €1.9 million through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise €1.5 million, has attracted close to 300 Crowdcube investors. Founded in 2019, The Naked Collective describes itself as… Read More

Estonia-Based Aspiring Crypto-Bank Crypterium Extends Equity Crowdfunding Campaign on Seedrs; Now Secures More Than €2.9 Million

  Estonia-based aspiring “crypto-bank” Crypterium has extended its equity crowdfunding campaign on Seedrs and has raised more than €2.9 million. The funding round, which launched last month, originally sought to raise €1 million and has attracted over 2,450 Seedrs investors. As previously reported, Crypterium stated it is building… Read More

Coinbase Now Allowing Users to Purchase Crypto With PayPal Accounts

  Coinbase (NASDAQ:COIN), the largest crypto exchange in the U.S., announced on Thursday  it is now allowing its customers to buy crypto on its platform using their debit cards and bank accounts linked to PayPal. The company revealed more details about the option by stating:… Read More

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