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African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria
6.6.2021
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s third fundraising round in the past twelve months is the venture capital (VC) firm, SVB Capital....
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
17.5.2021
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation...
Ripple to Dispose Stake in Moneygram Shortly After Announcing End of a Business Relationship
14.3.2021
Just a few days after announcing the end of its partnership with Moneygram, the fintech firm Ripple Labs is now moving to dispose of its stake in the listed company. In a filing with the U.S. Securities and Exchange Commission (SEC), Ripple says it has entered into an agreement with Jefferies...
NYDIG Taps Fintech Firm Moven to Bring Bitcoin to Your Bank
12.1.2021
“If PayPal and Square can do it, then community banks should be able to do it too,” said Moven founder Brett King
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
6.11.2020
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this...
Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJ
5.11.2020
The Justice Department alleges Visa’s acquisition of Plaid would eliminate competition in the online debit market, leading to higher prices
British fintech firm opening physical crypto bank branches in India
26.10.2020
The new venture will reportedly include 34 “physical branches and operations” in northern India
Fintech Firm Fasset to Launch Zero-Trade Fee Crypto Trading Platform for Countries in the Gulf Region
24.9.2020
Announced on Thursday, the Fasset Exchange (FEX) is open for private beta enrollment and is planning a public launch later this year
Blockchain Fintech Firm BitBond Joins German Bank Association Bankenverband
21.7.2020
The Berlin-based fintech firm announced on Tuesday that it had joined the association for private banks in Germany
UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers
15.7.2020
Revolut customers in the U.S. can now buy, hold and sell BTC and ETH on the digital bank’s crypto platform, thanks to a partnership with Paxos
French Fintech Firm Announces $78.5M Paris Real Estate Tokenization Deal
19.6.2020
French financial technology firm ID Distribution announced a joint venture with local real estate firm Groupe JRI, amining to tokenize Paris properties
Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox
27.5.2020
Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians
Global Fintech Firm Launches Security Tokenization Platform
8.5.2020
Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem
SoftBank-Backed Fintech Firm Joins Chinese Conglomerate to Build Blockchain Platform
3.4.2020
OneConnect, the fintech wing of Ping An Insurance Group, is building a logistics-tracking blockchain platform with the China Merchants Port Group
Blockchain Fintech Firm Diginex, 8i Set Up Special Meeting on Merger Deal
24.2.2020
Fintech firm Diginex has revealed its further plans, once the merge deal with 8i is closed and it goes public
Regulated Fintech Firm Monerium to Issue E-Money on Algorand Blockchain
21.1.2020
Monerium, which has a European Economic Area e-money license, will bring fiat currency transactions onto Algorand's protocol
Payments Giant Visa Acquires Fintech Firm Plaid for $5.3 Billion
14.1.2020
Payments giant Visa acquired fintech firm Plaid for $5.3 billion in an effort to expand its business model
Fintech Firm With 2m Users Buys Crypto Exchange to Attract Millennials
10.1.2020
Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors.
BUX says the move will help address “the investing needs of European millennials.”
The fintech firm plans to rename...
Fintech Firm Plaid on Expansion Spree; rolls out services in 3 More European Nations
21.11.2019
Plaid, a financial technology company, has embarked on expansion in three European nations, as its most recent development. Its products help in interfacing fintech applications with individual’s bank accounts; currently, it serves France, Ireland, and Spain. Earlier this year, the organization...
Ripple Partners With World’s Third-Largest Fintech Firm Finastra
16.10.2019
Financial software global behemoth Finastra partners with Ripple to give its clients access to the RippleNet payments network