8/31/2020 3:37:50 PM PayPal introduces interest-free buy-now-pay-later product By Sarah Wolter As online purchases increase and consumers look for more ways to save due to Covid-19, buy-now-pay-later has accelerated in popularity.
8/31/2020 3:17:10 PM Viva Republica raises $173m in new funding By Sarah Wolter South Korea based operator of peer-to-peer payment service Toss raised $173m in new funding led by Sequoia Capital China.
8/31/2020 2:04:41 PM DDoS cyberattacks have skyrocketed this year. Just ask the New Zealand stock exchange By Sarah Wolter On Monday, the operator of New Zealand’s stock exchange, NZX, suffered a massive cyberattack for a fifth consecutive trading day. Unlike...
8/28/2020 8:15:44 PM The SEC changed its rules. Not only the rich can invest in private markets. By Faisal Kawar Previously, to qualify as accredited investors, individuals need to have a net worth of at least $1m excluding the value of their primary...
8/28/2020 2:28:07 PM PrizePool raises $4.3m in Seed funding By Sarah Wolter San Francisco based digital banking startup that incorporates cash prizes raised $4.3m in Seed funding led by Accomplice, Bling Capital,...
8/28/2020 12:29:21 AM Bank-issued stablecoin used for e-commerce payment By FinTech Collective Danish digital currency platform provider Coinify enabled payments of the Sygnum Bank issued stablecoin (DCHF) on a Swiss online...
8/28/2020 12:28:54 AM How Ant Group turned into the Alibaba of Chinese finance By Sarah Wolter Ant's evolution into the Alibaba of finance has been fueled by a desire to claw back customers who began using WeChat more as it...
8/28/2020 12:19:56 AM Ant Group, the Alibaba payment affiliate, files to go public By Sarah Wolter Once people were using Alipay to stash their cash and pay for online purchases, Ant could begin offering them other kinds of services...
8/28/2020 12:18:03 AM Nerdwallet acquires UK’s Know Your Money as it expands outside the US By FinTech Collective Know Your Money is the U.K.’s largest financial products comparison site serving some 5m consumers and 1.2m businesses. The acquisition...
8/28/2020 12:17:21 AM The transformation of Ant Financial By Sarah Wolter Today, Ant is aiming for a valuation of $200b to $300b in a dual-listing in Hong Kong and Shanghai, although meetings with investors are...
8/28/2020 12:09:56 AM Visa unveils more powerful AI tool that approves or denies card transactions By Sarah Wolter The decision to approve or deny a transaction typically is made by the bank. But bank networks can crash because of natural disasters,...
8/28/2020 12:06:02 AM Crypto giant DCG is betting $100m on mining Bitcoin in North America By Sarah Wolter Foundry, which has been operating below the radar since 2019, runs its own mining operations and also provides equipment and financing to...
8/27/2020 3:59:41 PM Artis Technologies raises $1.5m in Seed funding By Sarah Wolter Atlanta based provider of lending solutions for businesses raised $1.5m in Seed funding led by Fintech Ventures Fund.
8/27/2020 3:50:48 PM NYSE’s plan for new IPO alternative wins green light from SEC By Sarah Wolter The decision by the SEC could make direct listings a more popular alternative to the traditional IPO. With the NYSE’s new type of direct...
8/27/2020 1:33:38 PM Socure raises $35m in new funding By Sarah Wolter New York based identity verification startup raised $35m in new funding led by Sorenson Ventures.
8/27/2020 1:25:30 PM Habi raises $10m in Series A funding to drive expansion in Latin America By Sarah Wolter Colombia based residential real estate marketplace with automated pricing tech raised $10m in Series A funding led by Inspired Capital.