News (808)
Rumor Mill Swirls As PayPal Expected to Make $500M Curv Purchase
- Thursday, 04 March 2021
- News
- Written by FinTech News Brief Staff
Payments company PayPal is expected to close a deal to buy Curv, a cryptocurrency storage firm. So reports Yahoo! Finance.
Read more...Square Gets Nice Bump On New Banking Launch
- Thursday, 04 March 2021
- News
- Written by FinTech News Brief Staff
Square has launched its own banking operations and shares saw as much as a 7% bump off the news. So reports CNBC.
Read more...NY AG Settles with Tether, Bitfinex Over Alleged Fraud Claims
- Friday, 26 February 2021
- News
- Written by FinTech News Brief Staff
New York state Attorney General Letitia James said her office has come to terms with cryptocurrency platforms Tether and Bitfinex after alleging the firms hid “hundreds of millions” in losses from the public. So reports The Hill.
Read more...$1B Klarna Round Rumored Ahead of Major IPO
- Friday, 26 February 2021
- News
- Written by FinTech News Brief Staff
Stockholm-based Klarna is about to finalize a $1 billion funding round that would raise its valuation to a whopping $31 billion. So reports CNBC.
Read more...Fintechs Worldwide Rebounded Strongly in 2H’20 and Beyond: Reports
- Friday, 26 February 2021
- News
- Written by FinTech News Brief Staff
The second half of 2020 showed significant growth over the first half with respect to worldwide fintech investment deals as H2 doubled those in H1, reads a new report from KPMG. However, 2020 as a whole still checked in well under weight as the year-over-year total compared to 2019 was down to $105 billion from $168 billion.
Read more...Concentration of Crypto-crime Might Be a Blessing for Law Enforcement: Report
- Thursday, 18 February 2021
- News
- Written by FinTech News Brief Staff
Cybercriminals have been found to rely heavily on a highly-concentrated number of laundering service providers, potentially providing an avenue of opportunity for law enforcement to make significant strides in thwarting cryptocurrency-based criminal activity, reads a new report from Chainalysis.
Read more...Opera’s New Fintech Banking Service Expected to Reach 50 Million Users
- Thursday, 18 February 2021
- News
- Written by FinTech News Brief Staff
Opera is launching a new “in-browser cashback service” and digital wallet to be used while shopping online. So reports Finextra.
Read more...Marqeta Announces IPO, Consumer Credit Expansion
- Thursday, 18 February 2021
- News
- Written by FinTech News Brief Staff
Days after confidentially filing plans to go public, fintech Marqueta announced it is expanding in the consumer credit space. So reports TechCrunch.
Read more...Nvidia Plans Crypto-mining Processor Aimed at Ether
- Thursday, 18 February 2021
- News
- Written by FinTech News Brief Staff
Nvidia is planning the release of a new semiconductor series aimed at mining the ether cryptocurrency. So reports CNBC.
Read more...Sequoia Making B2B 'Buy Now, Pay Later' Europe Play: Report
- Saturday, 13 February 2021
- News
- Written by FinTech News Brief Staff
Fintech startup Tillit, a company building a product that essentially equates to a B2B “buy now, pay later” model, is likely to become U.S.-based Sequoia’s next investment in Europe. So reports TechCrunch.
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