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India Fintech Sector Thrives As Rest of Economy Lingers

Despite a widespread economic slowdown due to the recent COVID-19 outbreak, India’s fintech sector is thriving. So reports BloombergQuint.

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Ripple Extends Commitment to XRPL Labs, Xumm

Xpring, the investment arm for Ripple, is tacking on three additional years of developmental support of XRPL Labs and banking platform Xumm. So reports The Daily Hodl.

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Robinhood Adds Ex-PayPal, FB Vet Christina Smedley as CMO

Christina Smedley, a former marketer at Amazon, PayPal and Facebook, is joining Robinhood. So reports the Forbes.

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Latin America Outpacing Global Average in Fintechs Led By Women

Latin America has approximately five times the global average of female-founded fintechs. As such, more than 35% of the region’s startups have been founded by a woman. So reports Crunchbase News.

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Coinsquare Leadership Out Amid Accusations of Market Manipulation

Coinsquare CEO Cole Diamond and its founder and president, Virgile Rostand, are out after accusations the company misled investors and manipulated the market. So reports CBC Radio Canada.

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Qatar Hub Prepares for New Way of Banking: Summit Keynote

Abdulaziz bin Nasser al-Khalifa, the CEO of the Qatar Development Bank, confirmed its commitment to “to accelerate the digital transformation of the financial services industry in the country.” So reports Crowdfund Insider.

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Ant Group Plans Dual IPO, Scarce with Details

Chinese fintech company Ant Group initiated a joint public offering in Hong Kong and Shanghai, although the Alibaba affiliate chose not to disclose how much it is looking to raise. So reports CNBC.

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Fintech nCino Plans $210M Offering, Potential $2B Valuation

Venture-backed tech firm nCino filed an updated S-1 form and is planning to sell shares worth up to $183 million—and up to $210.5 million including shares offered to underwriters—in an initial public offering. So reports TechCrunch.

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Crypto Exchange Web Traffic Hits 5-month Low

Cryptocurrency exchanges saw a 14% dip in June web traffic. So reports The Block Crypto.

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Qupital Partners with eBay to Bring Services Across Borders

Trade financing platform Qupital came to an agreement with eBay to become an officially recommended Hong Kong provider of financial services. So reports Tech Crunch.

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