General News

August 5, 2020 @ 10:10 am By Samantha Hurst  |  

Bnext, a Spain-based mobile-first neobank, has reportedly raised an additional €11 million through its extended Series A funding round, which raised €22 million ($25 million) last Fall.  As previously reported, Bnext offers customized services tailored to individual needs. The mobile banking platform allows its customers… Read More

August 5, 2020 @ 9:19 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday its new global look, feel and positioning, which captures the power and value enabled by the platform at a time of incredible growth for the business and its customers. While… Read More

August 4, 2020 @ 2:58 pm By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday its new Small Business Financial Health Survey, a study of primary data from 300 small business owners who received funding through the U.S. government’s Paycheck Protection Program (PPP), revealed year-over-year second quarter revenues of small business owners… Read More

August 4, 2020 @ 2:02 pm By Samantha Hurst  |  

Buckle, a U.S.-based financial services group, announced on Tuesday it secured $31 million through its Series A funding round co-led by HSCM Bermuda and Eos Venture Partners. Founded in 2017, Buckle state provides financial products and services to the shared economy. The company revealed that beginning with insurance,… Read More

August 4, 2020 @ 1:09 pm By Samantha Hurst  |  

Mastercard recently announced it has partnered with Bank of Shanghai to enable better cross-border business payments in China. Mastercard reported that with its cross-border services, businesses will be able to transfer funds to local banks in China. The service will also reduce transaction costs and… Read More

August 4, 2020 @ 12:00 pm By Samantha Hurst  |  

Max Crowdfund, a blockchain-powered real estate crowdfunding platform, has reported secured approval from the Financial Market Authority (FMA) in the Netherlands. Under development since 2017, Max Crowdfund explained that it allows registered investors to access high-quality real estate investment opportunities in a matter of minutes,… Read More

August 4, 2020 @ 11:47 am By Samantha Hurst  |  

European fintech Viva Wallet announced on Tuesday it has officially acquired the banking license of Praxia Bank after the completion of the share purchase agreement between AMC Oak (Shareholder) and Viva Wallet Holdings (purchaser). Viva Wallet reported that the banking license will allow it to… Read More

August 3, 2020 @ 3:18 pm By Samantha Hurst  |  

U.S. banking group BankMobile announced on Monday it has teamed up with Google to introduce digital bank accounts to its customers. According to BankMobile, the digital checking account will be built on top of BankMobile’s existing banking infrastructure and the accounts will be FDIC-insured, with… Read More

August 3, 2020 @ 10:25 am By Samantha Hurst  |  

Digital insurance platform for businesses CoverWallet announced on Monday the launch of its new digital insurance product specifically for venture capital (VC) backed startups. According to CoverWallet, VC-backed startups may instantly buy and manage Directors & Officers insurance (D&O), Employment Practices Liability (EPL), and Fiduciary… Read More

August 3, 2020 @ 9:30 am By Samantha Hurst  |  

U.S. fintech Galileo announced on Monday it is powering RoarMoney, a new demand deposit account offered by consumer digital finance platform MoneyLion. According to Galileo, RoarMoney is designed to meet consumers’ financial needs now and as they evolve – from faster access to their funds… Read More

August 3, 2020 @ 9:21 am By Samantha Hurst  |  

Wirex, a UK-based payments platform, announced on Monday it has launched its first global TV brand campaign. Wirex reported that the TV ad solidifies its core message of empowering people to experience the benefits of a world where all currencies, crypto or fiat, are equal… Read More

August 2, 2020 @ 9:56 pm By Samantha Hurst  |  

Uphold, a U.S.-based digital finance platform, announced last week global customers can buy a Universal Gold (UPXAU), which is a physical-gold backed token issued by the Universal Protocol Alliance and backed by the Government of Western Australia. UPXAU is free to hold, government-backed, and spendable… Read More

August 1, 2020 @ 11:26 am By Omar Faridi  |  

Apple Inc.(NASDAQ: AAPL) has reportedly acquired Mobeewave Inc., a company with technology that aims to transform iPhones into mobile or digital payment terminals, according to sources familiar with the matter. Mobeewave’s technology allows consumers to simply tap their credit card or mobile phone on another… Read More

July 31, 2020 @ 5:43 pm By JD Alois  |  

The British Standards Institution (BSI) has posted a document regarding the standardization of security tokens. Comments are being requested by interested parties until the 28th of August. The BSI is the UK’s National Standards Body representing UK economic and social interests across all European and… Read More

July 31, 2020 @ 4:18 pm By Samantha Hurst  |  

  PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Thursday CVS Pharmacy will be the first national retailer to integrate PayPal and Venmo QR code technology in its checkout experience at all of its 8,200 standalone stores across the country. PayPal reported that using PayPal QR… Read More

July 31, 2020 @ 3:44 pm By JD Alois  |  

  A 17-year-old teenager in Hillsborough County, Florida has been arrested in relation to the high profile Twitter (NYSE:TWTR) hack that recently occurred. Hillsborough county where Tampa is located.   BREAKING: Hillsborough State Attorney @AndrewWarrenFL announces arrest of 17-year-old Graham Ivan Clark in “Bit-Con” hack… Read More

July 31, 2020 @ 3:23 pm By Samantha Hurst  |  

  Global Digital bank FV Bank International Inc. announced on Thursday the launch of its online FV Bank. According to FV Bank, the platform will offer individual and business accounts to international clientele through an online-only banking platform. FV Bank noted it will focus on… Read More

July 31, 2020 @ 3:01 pm By Samantha Hurst  |  

Huobi Institution announced on Friday the launch of a digital asset management platform and custody services for institutions. According to Huobi, the platform matches qualified institutional investors and high-net-worth individuals with fully-vetted quantitative trading teams in a secure and reliable environment managed by Huobi. “Huobi’s new… Read More

July 31, 2020 @ 12:48 pm By JD Alois  |  

A report this week indicates that in aggregate, loan impairments from online lenders continue to decline. dv01, a data provider in the online lending sector that has partnered with over 25 issuers and provided securitization reporting and analytics on over $100 billion transactions across consumer… Read More

July 31, 2020 @ 9:04 am By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Friday it has launched Bitfinex Pulse on mobile, which will enable the exchange’s growing user base to obtain market-moving information on the go. According to Bitfinex, Bitfinex Pulse is a social network tailored to meet the needs of crypto… Read More