Tagged: beam

Eco, the Crypto Payments Fintech, Announces Acquisition of Join, a Stablecoin-powered Commerce App

Eco Inc, the crypto payments company with $95 million in funding from a16z, Coinbase Ventures, and other top technology investors, announced the acquisition of Join, a stablecoin-powered shopping app. This acquisition aligns with Eco’s vision to “create a more efficient, decentralized payment system, breaking away… Read More

Blockchain Professionals Share 2024 Outlook: Crypto Payments, Bitcoin ETFs, Global Expansion Are Focus Areas

As we enter 2024, CI has received insights from the CEO’s of crypto industry firms including professionals who are overseeing the operations of digital asset exchanges, custody platforms, payment product developers, and services associated with various other protocols. Bobby Zagotta, US CEO of Bitstamp, which… Read More

Former Coinlist Executive Launches Beam, a Self Custody Wallet

Beam, a new self-custody digital wallet, has been launched, founded by former CoinList Executive and co-founder Andy Bromberg. According to the Beam website,  the global digital wallet lets you send money to anyone, anywhere, instantly. In a series of Tweets, Bromberg explained that they realized… Read More

Financial Privacy focused Crypto Protocol Beam Shares Key Updates from Past Year

Beam celebrated its 4th anniversary on January 3rd 2023. During that time, Beam claims it has “cemented its place as the top confidential cryptocurrency in terms of features, stability and confidentiality, constantly evolving and improving in all categories.” Launched in 2019, Beam is described as… Read More

Beam NFT Marketplace Version 2.0 Announced

In October 2021, Beam introduced “confidential” non-fungible tokens (NFTs) to the BeamX private DeFi ecosystem, kicking it off with the Beam Halloween NFT Competition. An NFT marketplace followed suit “in the form of the NFT Gallery DApp in Beam Wallet.” The launch was “strongly” supported… Read More

Bye Bye Beam: Savings App Fintech to Shut Down Following FTC Settlement

Beam, a mobile banking app, will be banned from offering such services and must give full refunds to users. The announcement was made as part of a settlement with the Federal Trade Commission (FTC). As part of the settlement, Beam neither admits nor denies any… Read More

Beam and Nuapay Partner on Ecommerce Payments for WooCommerce users

Payment solutions provider Nuapay has partnered with Beam to provide open banking payments to its clients on WooCommerce. Nuapay reports that after a successful pilot, the Beam service is available now to almost 100,000 websites using WooCommerce to sell goods and services in the UK…. Read More

US Federal Trade Commission Files Lawsuit Against Fintech Savings App Beam for Allegedly Mismanaging Customer Deposits

The customers of mobile savings app Beam had been complaining that they were able to deposit funds but couldn’t get their money back out. The Fintech also allegedly failed to live up to promised high interest rates. The Federal Trade Commission (FTC ) alleges that… Read More

JustPark Advisor & Former CEO Alex Stephany Comments on New Crowdfunding Platform Beam Targeting London Homeless Population

Over 8,000 people are sleeping on UK streets. Over 200,000 “hidden homeless” people live in temporary accommodations such as hostels. New crowdfunding platform Beam founder Alex Stephany is making a difference and addressing London’s growing homeless problem, one person at a time. The result is Beam, a… Read More

FundedHere Involves Professional Investors to Crowdfund Two Singapore Startups

FundedHere, a Singapore-based crowdfunding platform, has successfully raised S$ 505,500 for two local startups. Both campaigns included the pairing of professional investors with individuals not classified as Accredited Investors (AI).  This is a first for FundedHere and follows a recent global trend where investment crowdfunding… Read More

Small Projector Beam Smashes $200,000 Goal Within Three Days on Kickstarter

On Tuesday (February 17th), Los Angeles-based Beam Labs launched a Kickstarter campaign with a goal to raise $200,000 for its new self-titled projector. According to its description, the Beam is a small project that assists you in daily activities and is controlled with any smartphone and tablet…. Read More