News (805)
China Drops Hammer on Crypto Industry with Overarching Ban
- Saturday, 02 October 2021
- News
- Written by FinTech News Brief
China has essentially banned cryptocurrency transactions overnight as authorities look to close loopholes associated with its trading. So reports Al Jazeera.
Read more...BitClout's 'Diamondhands' Identity Revealed in DeSo Announcement
- Thursday, 23 September 2021
- News
- Written by FinTech News Brief
BitClout creator “Diamondhands” has revealed himself as Nader Al-Naji, and announced he has launched a new “Decentralized Social” blockchain network. So reports The Block Crypto.
Read more...Spenmo Series A Among One of Biggest in Singapore’s History
- Thursday, 23 September 2021
- News
- Written by FinTech News Brief
Spenmo, an expense management and business support app, raised $34 million in an Insight Partners-led Series A round. So reports TechCrunch.
Read more...'Payment for Order Flow' on the Table for Revolut U.S. Rollout
- Thursday, 23 September 2021
- News
- Written by FinTech News Brief
Revolut will soon launch commission-free trading for U.S. customers. CEO Nik Storonsky announced the $33 billion company acquired a broker-dealer license and as a result will now be in direct competition with companies like Square and Robinhood. So reports CNBC.
Read more...AMC Adds Ether, Litecoin to List of Approved Cryptos for Ticket Purchasing
- Thursday, 16 September 2021
- News
- Written by FinTech News Brief
Adam Aron of AMC Entertainment Holdings said its theaters will begin accepting cryptocurrency for ticket purchases by the end of the year. So reports Reuters.
Read more...Pagaya-EJF Merger Lands It Among One of the 200+ SPAC Deals This Year
- Thursday, 16 September 2021
- News
- Written by FinTech News Brief
AI fintech Pagaya Technologies will go public after completing a merger with EJF Acquisition. So reports The Wall Street Journal.
Read more...GreenSky Shares Surge On Announcement Goldman Buying Them Out In Q1 2022
- Thursday, 16 September 2021
- News
- Written by FinTech News Brief
Goldman Sachs has agreed to purchase GreenSky in an all-stock transaction expected to close sometime in early 2022. So reports CNBC.
Read more...Varo Thriving on Back of Banking Charter, Series E Round
- Friday, 10 September 2021
- News
- Written by FinTech News Brief
Varo Bank, which now has a national banking charter, raised $510 million in a Series E funding round. So reports CNBC.
Read more...NFTs Surge in Late Summer, New Player Enters Focused On Accessibility
- Friday, 10 September 2021
- News
- Written by FinTech News Brief Staff
Non-fungible tokens (NFTs) have returned to the fintech spotlight after seeing a bit of a lull in recent months as trading surged by orders of magnitude in August. According to recent data from Dune Analytics and provided by MarketWatch, Ethereum-based transactions on OpenSea, the biggest NFT marketplace running, totaled a whopping $3.4 billion last month; this represents a tenfold increase over July, it noted.
Read more...Nasdaq Data to Support DeFiChain Along with Finnhub and Tiingo
- Friday, 10 September 2021
- News
- Written by FinTech News Brief
The Nasdaq exchange will join Finnhub and Tiingo as companies providing price feeds to DeFiChain. So reports Bloomberg.
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