Current, an aspiring digital bank with over 800,000 accounts, has pulled some paycheck and purchasing data to provide some insight into how the COVID-19 pandemic is impacting the economy. Of course, this is a snap-shot in time and a single set of data does not… Read More
Read more in: Fintech, General News | Tagged banking, coronavirus, covid-19, current, digital bank
Digital bank Current has raised $2o million in a Series B funding round, according to a company release. The funding was led by Wellington Management Company, Galaxy Digital EOS VC Fund, and CMFG Ventures. Current also said it was expanding its partnership with Visa as… Read More
Read more in: Fintech | Tagged banking, cmfg ventures, current, digital bank, eos, galaxy digital, sam englebardt, Stuart Sopp, wellington management company
Charlotte, North Carolina-based Bank of America (BoA), the second-largest US bank with over $2.3 trillion in total assets, is reportedly testing out Ripple’s distributed ledger technology (DLT)-based financial products. The bank might be planning to do more with the San Francisco-based Fintech firm’s technology. Ripple’s… Read More
Read more in: Blockchain & Digital Assets, General News | Tagged bank of america, banking, cathy bessant, current, dlt, imf, ripple, Saga Sarbhai, xCurrent, xrp
Facebook’s subsidiary Calibra is being sued for trademark infringement by Current, the developer of a mobile banking app. The complaint was submitted on October 10 in the US District Court for the Southern District of New York. It alleges that Calibra’s logo is quite similar… Read More
Read more in: Blockchain & Digital Assets, Fintech, Politics, Legal & Regulation | Tagged banking, calibra, current, facebook, Howard Shire, lawsuit, libra, pepper hamilton, Stuart Sopp
Current, a U.S.-based fintech company, announced on Wednesday is now has 200,000 users that are using its smart debit card & mobile app service. Founded in 2015 (and launched in 2017), Current states it provides collaborative banking solutions, starting with a smart debit card and app… Read More
Read more in: Fintech | Tagged current, debit cards, fintech, mobile app, teens
Current, the fintech platform that allows teens to connect their money with the people, brands and experiences they value, announced on Tuesday that Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp (NASDAQ: FITB), has joined the recently announced Series A funding,… Read More
Read more in: Fintech | Tagged current, fifth third bank, financial services, fintech, investment, money, teenagers
Current Media closed its private sale initial coin offering raising $36 million this past week. The company claims that it had signed up 250,000 people interested in the public ICO but management has since decided to skip the public sale and do a $4 million Airdrop… Read More
Read more in: Blockchain & Digital Assets, Offerings | Tagged airdrop, current, mark cuban
The price of Bitcoin is tanking today, depending on which exchange you are looking at Bitcoin, or BTC, is hovering over $11,000. It was not that long ago that Bitcoin was barreling down on $20,000 per BTC. But oh, what a day or two makes… Read More
Read more in: Blockchain & Digital Assets, Opinion, Strategy | Tagged actus, bitcoin, current, dan novaes, daniel duarte figueiredo, david mondrus, perspective, trive
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