News about FINTECH

News about Fintech

Eric Satz, the CEO and Co-Founder of Alto, sits down and talks digital assets and economies on this Fintech One-on-One Podcast

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Philippines' fintech achieves unicorn status after embracing crypto payments

Voyager Innovations, the firm behind the Philippines' top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation. Voyager Innovation announced Tuesday that the new...

Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership

Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments.As per the announcement, the newly launched product is called Crypto Acc...

Fintech Firm Cross River Raises $620M Funding, Led by Eldridge & a16z

CRB Group, Inc., the parent company of fintech company Cross River Bank, a $620 million investment led by Eldridge and Andreessen Horowitz. The funds raised will be used to build the company's leading embedded payment, card, lending and crypto sol...

Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia

Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the...

FinTech Figure Launches Cryptocurrency Mortgage Products

Figure Technologies, a US financial technology company that operates both in the home equity and blockchain space, announced on Wednesday that it has launched a cryptocurrency-backed mortgage trading service that enables customers to borrow against...

US Fintech Firm Acorns Adds Crypto Exposure Investing via Proshares Bitcoin ETF

The American financial technology (fintech) firm Acorns has announced customers now have the option to add bitcoin exposure via the Proshares Bitcoin Strategy ETF (BITO). Acorns’ clients can now allocate up to 5% of their funds into BITO. Acor...

The FinTech Breakthrough Awards’ ‘Best Overall DeFi Platform’ in 2022 is CEX.IO

Founded nearly a decade ago, CEX.IO and its global ecosystem are changing the way the world sees cryptocurrency. We’re one of the first and longest-tenured companies successfully connecting people and businesses with opportunities in cryptocurrenci...

Luno Launches Venture Fund to Invest in Over 200 Crypto and Fintech Startups per Year

Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies st...

Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding

A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block&#x...

Nexo bags “Best Cryptocurrency Wallet” at 2022 FinTech Breakthrough Awards

Nexo, which is a leading regulated institution for digital assets, has been awarded “Best Cryptocurrency Wallet” at the 6th annual FinTech Breakthrough Awards program, a prestigious international awards imitative. Nexo has been recognized for its c...

Luno Floats Venture Capital Arm to Invest in Web3.0 & Fintech Startups

Luno, a digital currency platform owned by the Digital Currency Group (DCG), has launched Luno Expeditions, its Venture Capital (VC) outfit. As by TechCrunch, the new VC offshoot will engraft itself as a funding outfit for or Web3.0 startups and...

Aussie fintech to offer mainstream direct access to DeFi with a fixed rate

Australian fintech company Block Earner has officially gone live, offering everyday investors a 7% fixed rate investment product by utilizing decentralized finance (DeFi) technology.Block Earner has already attracted attention from big names in the c...

Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance

To expand its global footprint and presence on African soil, top-notch cryptocurrency exchange FTX has with AZA Finance, a Kenyan-based fintech company. Through the strategic partnership, FTX seeks to enhance the use of Web3 and in Africa by off...

Report: Africa Fintech Startups Raised $2 Billion in 2021

Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the c...

Abra CEO Predicts Ethereum Could Reach $40,000 – But Some Fintech Analysts Don’t Agree

Bill Barhydt, the CEO and inventor of the well-known cryptocurrency wallet service Abra, outlined why he believes Ethereum is a much better investment than Bitcoin. He has also set a price prediction of $40k for ETH, indicating his confidence in its...

Cake DeFi Commits $100 Million To Web3 And Fintech Development Through Its Corporate Venture Arm

The necessary innovation to make Web3 and decentralized gaming more accessible will come from the cryptocurrency industry. Numerous projects explore opportunities, and Cake DeFi wants to keep the momentum going. Through its $100 million Cake DeFi Ven...

Cake DeFi launches $100M venture arm for Web3, gaming and fintech initiatives

Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, nonfungible tokens (NFT) and other crypto initiatives.The newly launched $1...

Binance Launches Own Fiat-To-Crypto Payment Fintech

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Is DeFi Going To Be The End Of FinTech?

For the most part of recorded human history, finance has been constantly evolving and adapting to the needs of human culture and lifestyle. Fintech (financial technology) has changed the face of the financial industry. From mobile payments to lendin...

Fintech Experts Predict That The Price Of Ethereum Will Reach $6,500

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Fintech Specialists Say Ethereum Will Grow 100% By End Of 2022

Ethereum remains one of the most popular investment choices when it comes to the crypto market. The returns from the digital asset have outperformed that of top rivals consistently, making it not only a more profitable asset but a better inflation he...

Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030

A panel of fintech specialists has predicted that the price of ethereum will reach $6,500 by year-end. It will then rise to $10,810 by 2025 before more than doubling to $26,338 by 2030. Fintech Specialists Share Ether Forecasts Price...

4 key takeaways from KPMG Pulse of Fintech Report

As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the c...

Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021

The financial technology (fintech) sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at $1.48 billion, to KPMG’s Pulse of FinTech report. Per the announcemen...

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