Friday, April 26, 2024
Fintech unicorn Monzo announces plans of expanding outside of the United Kingdom. Last Thursday, June 13, 2019, the company announced that it will be entering the United States territory. With valuations amounting to over 1 billion pounds, The Verge reports...
Fintech startup Revolut is taking its first step in expanding beyond Europe by launching its local app in Australia on Thursday, June 13. According to a report from CNBC, the UK-based financial technology firm has set up its Australian headquarters...
Visa is entering a $125 trillion global money transfer market with distributed ledger technology, meant to move money from corporations and businesses. In this big move, Visa considers the shortcoming of Swift (Society for Worldwide Interbank Financial Telecommunication), which has...
Coinbase, a digital currency exchange, recently announced it is launching its Visa debit card in six more European countries. The card enables users in France, Germany, Ireland, Italy, Spain, and the Netherlands to spend cryptocurrencies like Bitcoin, Ethereum and Litecoin...
Options trading platform Sparrow recently unveiled a service for cryptocurrency trading, says Fintech News Singapore. The Singapore-based company will extend its services to holders of Bitcoin and Ethereum. Options trading transactions with the firm will be settled through smart...
In the move to develop its services and drive more customers, fintech startup from Singapore Thunes received $10 million funding from key financing company GGV Capital. Last year, GGV Capital invests $1.9bn in a China-based company to develop the country’s...
Ride-hailing giant Uber plans to expand to a financial technology sector. Following this, the company boosts its hiring processes in New York. According to CNBC, the ride-hailing app plans to add several dozens of employees in its roster, slated to...
Synapse, a financial technology company that operates a platform that allows banks and other fintech companies to efficiently develop financial services has concluded a $33 million Series B funding. The purpose of capital raising is to create new products...
Businesses and organizations who adopt financial technology (fintech) has grown to an average of 64% worldwide this year, according to an Ernst & Young (EY) report. The survey found that 87% of respondents in China and India. The two largest...
According to new research conducted by Paysafe, about 68 per cent of UK consumers are worried that shifting to biometrics can increase identity fraud. In the report, Lost in Transaction: The End of Risk? a whopping 79 per cent of...

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