Tagged: financial relief

US based Neobank Aidbanc, which Launched in 2019, Plans to Empower NGOs by Providing Digital Banking, Spend Management Tools

Neobank Aidbanc, which launched operations last year, is reportedly planning to assist NGOs by providing them with digital banking and spend management software that they need to deliver financial aid. The proper distribution of financial aid can have a significant positive impact on the lives… Read More

Fintech Is Emerging as a “Crucial Means of Support” for MSMEs during COVID-19, According to the First Circle Growth Finance Team

Benedict Carandang and Lee-Anne Tobias from First Circle Growth Finance, a company that offers financing services to qualified SMEs in the Philippines that sell to other businesses or government agencies, note in a blog post published on the World Economic Forum’s (WEF) official website that… Read More

More than Half of Paycheck Protection Program Recipients are Focused on Financial Services, but Some Crypto Projects like Zcoin are Self-Funded

Over half or 50% of companies that applied for, and received funding via the US government’s Paycheck Protection Program were financial services providers or companies focused on related technology developments. As reported recently, Fintech firms managed to acquire significant amounts of funding from the PPP… Read More

Bitcoin Magazine, Bittrex, bitFlyer, CipherTrace, Circle, ConsenSys, LedgerX, Messari, Among Many Other Blockchain Firms have Received Funding via COVID-19 Linked PPP Scheme

The Trump Administration has released additional information regarding the recipients of the COVID-19 linked Payroll Protection Program (PPP). Brooklyn, New York-based ConsenSys, a leading Ethereum (ETH) development studio, and several digital asset exchanges were listed as beneficiaries of the recent PPP Coronavirus financial relief scheme…. Read More

Razer Fintech in Malaysia Introduces #RazerForLife Program to Support Local Businesses During COVID-19

Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has introduced #RazerForLife, an initiative that aims to support local Malaysian businesses. Global capital markets have been negatively affected by the COVID-19 outbreak. SMEs across the globe are struggling to maintain operations as… Read More

Connie Gallippi: Founder at BitGive Talks About How Bitcoin (BTC) Donations Will Provide Financial Relief to Individuals Affected by COVID-19

Connie Gallippi, founder and Executive Director at BitGive, recently shared her views and insights with Crowdfund Insider. BitGive is a non-profit organization that aims to bridge the gap between practical philanthropic solutions for nonprofit and humanitarian work globally made possible through emerging blockchain technology. Established… Read More

COVID-19 Relief: Singapore Fintech Association and Razer Fintech to Offer $100,000 to $1.5 Million to Each Eligible Local Financial Tech Company

The Singapore Fintech Association (SFA) and Razer Fintech will reportedly be offering Financial technology firms in the city-state bridge financing, equity or equity-linked instruments, which will range from anywhere between $100,000 to $1.5 million (appr. S$143,000 to S$2.1 million) According to an April 23, 2020… Read More

COVID-19 Relief: Pakistan’s Digital Payments Firm EasyPaisa to Help Government Organizations Distribute Funds Following Coronavirus Outbreak

Earlier this month, Pakistan’s Easypaisa, a local provider of online financial services, teamed up with Zakat and Ushr department of the Government of (the province of) Punjab, in order to distribute funds to locals who have been impacted by the Coronavirus (COVID-19) outbreak and resulting… Read More

COVID-19 Financial Relief: Standard Chartered to Provide $1 Billion in Capital to Companies Fighting Coronavirus

London-based Standard Chartered, a British multinational banking and financial services company with over $700 billion in total assets, has reportedly committed $1 billion in capital to companies that are helping to address the economic challenges due to the Coronavirus (COVID-19). There are now many companies… Read More

Payments Service Provider Thyngs and Charities Trust to Help UK Charities Secure Funding, Following Coronavirus Outbreak

Charities in the United Kingdom are currently experiencing major challenges due to the deadly Coronavirus (COVID-19) outbreak. Payments services provider Thyngs has partnered with the Charities Trust, in order to introduce a new way to assist the UK’s charities sector with raising funds from people… Read More

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