General News

July 27, 2020 @ 1:03 pm By Samantha Hurst  |  

battleface, a UK-based insurtech, recently announced the launch of its COVID-19 travel insurance package. battleface reported that the new policy will give travelers the peace of mind they have been looking for to venture out safely, including to countries currently advised against traveling to by… Read More

July 27, 2020 @ 12:53 pm By Samantha Hurst  |  

Global payments provider Paysafe announced on Monday it has acquired Openbucks, a payment gateway that allows online merchants to accept retail gift cards as an alternative form of payment to credit cards.  Founded in 2011, Openbucks notably enables U.S. consumers who do not have access… Read More

July 27, 2020 @ 12:16 pm By Samantha Hurst  |  

  U.S.-based cryptocurrency exchange PayBito announced on Monday it has officially expanded its cryptocurrency listing. The platform reported that after adding several prominent digital assets, including utility coins to the trading platform, it is in the process of adding more altcoins by next quarter. “PayBito… Read More

July 27, 2020 @ 9:17 am By Samantha Hurst  |  

European fintech Viva Wallet announced on Sunday it has joined forces with e-commerce platform WooCommerce to launch a free Pan-European native payments gateway solution. Viva Wallet claimed that Viva Wallet for WooCommerce is the only continuously expanding smart payment plugin addressing the needs of online… Read More

July 27, 2020 @ 7:38 am By Samantha Hurst  |  

StashAway, a company that claims to be the first robo-adviser to receive a retail license in Singapore, announced on Monday it secured $22.3 million SGD ($16 million USD) Series C fundraising round led by Square Peg. This investment round comes one year after StashAway raised… Read More

July 26, 2020 @ 9:34 pm By Samantha Hurst  |  

VirgoX, a stablecoin-focused digital asset exchange, recently announced it has joined forces with  Global Digital Assets (GDA Capital), a blockchain capital markets firm, to launch World Stablecoin Association (WSA), an independent, not-for-profit organization that is structured and headquartered in Geneva, Switzerland.  According to the duo, WSA’s mission… Read More

July 26, 2020 @ 9:24 pm By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, has closed its latest investment round with $18.8 million raised. The company previously announced it secured $10 million from www.Tether.to at a $120 million pre-money valuation. Founded in 2017, Celsius addresses the financial needs of today’s consumers worldwide through a… Read More

July 26, 2020 @ 9:28 am By Omar Faridi  |  

  Financial pressure or stress has become a part of the daily lives of many consumers, and now the COVID-19 outbreak has introduced even more financial pressure points or exacerbated pre-existing ones for individuals and families across the globe. John Smallwood, president at Smallwood Wealth… Read More

July 25, 2020 @ 2:04 pm By Omar Faridi  |  

New York-based Signature Bank (Nasdaq: SBNY), a cryptocurrency-friendly commercial bank with around $50 billion in total assets, has reported consistent and steady growth this quarter. According to the bank’s recent earnings call, it has achieved around $8 billion in deposit growth. Approximately 2.5% of these… Read More

July 24, 2020 @ 3:11 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged Trustify Inc., along with founder and CEO Daniel Boice, with fraudulently offering and selling over $18.5 million of securities to more than 90 corporate and individual investors. The allegations were made in relation to an offering and… Read More

July 24, 2020 @ 2:35 pm By Samantha Hurst  |  

Just one day after announcing it was expanding its white-label cryptocurrency solution to local enterprises and entrepreneurs in India, U.S.-based cryptocurrency exchange PayBito announced it is now offering its white label payment processor to enterprises worldwide.  According to PayBito, the white label solution allows enterprises… Read More

July 24, 2020 @ 2:06 pm By Samantha Hurst  |  

India banking group Yes Bank announced on Friday the launch of WhatsApp banking services to empower customers and enable them to bank securely from the safety of their homes. Yes Bank revealed that customers may now check their savings account balance, view recent transactions &… Read More

July 23, 2020 @ 4:02 pm By Samantha Hurst  |  

  Samsung Electronics America, Inc., announced on Thursday that consumers in the U.S. may now sign-up for and access Samsung Money by SoFi, which is described as a mobile-first money management experience. Samsung partnered with SoFi and Mastercard for the platform. According to Samsung,  Samsung… Read More

July 23, 2020 @ 1:27 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday in-app cryptocurrency purchases using ACH and SEPA. The purchases are through Celsius Network’s partnership with payment solutions provider Gem. Celsius Network reported that its customers may now be able to purchase cryptocurrencies through the… Read More

July 23, 2020 @ 1:15 pm By Samantha Hurst  |  

  Singapore-based blockchain developer Pundi X announced on Thursday its support for Wanchain’s cross-chain assets into all XPOS devices. According to Pundi X, coins such as WAN, the Wanchain native coin, WBTC, WEOS, and WETH will be added as cryptocurrencies to the XPOS point-of-sale systems… Read More

July 23, 2020 @ 10:03 am By Samantha Hurst  |  

Online notary platform Notarize announced on Thursday it has formed a new partnership with payments platform Stripe to keep notaries working, remotely and safely, from home during the COVID-19 pandemic.  Notarize reported that by integrating with Stripe Connect, Notarize can pay notaries on the same… Read More

July 23, 2020 @ 9:00 am By Samantha Hurst  |  

  Allfunds, Spain-based independent wealthtech and fund distribution platform, announced on Thursday it is strengthening its commitment to Corporate Social Responsibility and has joined corporate sustainability initiative, the United Nations Global Compact Allfunds reported that it has been producing a CSR report in accordance with the Global Reporting… Read More

July 22, 2020 @ 3:19 pm By JD Alois  |  

FintechAccel | CU is accepting applications for its second cohort of Fintech startups. FintechAccel | CU is US credit union industry’s innovation platform. Launched last year, FintechAccel | CU is said to have experienced “outstanding success” in its inaugural year. FintechAccel | CU’s innovation platform… Read More

July 22, 2020 @ 1:42 pm By Samantha Hurst  |  

Following the launch of its trading operations in India, U.S.-based cryptocurrency exchange PayBito is now offering white-label cryptocurrency solution to local enterprises and entrepreneurs in India. The platform claims that the white label cryptocurrency exchange software is one of its most sought after solutions. According… Read More

July 22, 2020 @ 1:32 pm By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Tuesday it has expanded its identity verification capabilities to Vietnam through GlobalGateway, an identity verification marketplace. According to Trulioo, the extended GlobalGateway coverage will help organizations accurately and efficiently verify consumers and business entities throughout Vietnam…. Read More