News

News (805)

Fintech Unicorn Marqeta Plans Major Jobs Expansion

Top modern card issuer Marqeta is planning to add 175 jobs this year, representing a major bump in its workforce.

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Klarna Takes Over As Europe’s Top Private Fintech 'Unicorn'

The Swedish online pay company Klarna has reached a $5.5 billion valuation after its latest $460 million funding haul, making it the largest private fintech in Europe. So reports Fox Business.

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ICBA Launches Second Fintech Accelerator

Independent Community Bankers of America (ICBA), based in Washington, D.C., announced its second “fintech-related accelerator program” with the hopes of boosting fintech solutions and innovations at U.S. community banks. So reports Talk Business & Politics.

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Ant Financial’s 2018 Deal Skewed First-Half Investment Data

Broadly, fintech venture investments across the world dropped in the first half of 2019, according to Accenture analysis of data from CB Insights. So reports the Finextra.

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Mark Cuban Comes Out Swinging Against Libra Project

Billionaire Mark Cuban said Facebook's cryptocurrency play is a "big mistake" and believes the new venture is "dangerous." So reports The Verge.

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SpankChain Launches Payment Processor, Picks up Partners

SpankChain, an Ethereum-based "adult entertainment platform," launched a new cryptocurrency payment processor. So reports Cointelegraph.

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Arizona Adds Marijuana Project to Sandbox

According the Arizona Attorney General's Office, a stablecoin-based marijuana project will be developed in the state's fintech sandbox. So reports Coindesk.

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'Revolut' Trading Platform Lets Investors Buy Fractional Shares

Revolut, a British fintech company, has launched a commission-free trading app similar to Robinhood. So reports CNBC.

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N26 Now Top Valued Non-listed European Fintech

N26 GmbH, a German smartphone bank with backing from Peter Thiel and Li Ka-shing, is now Europe's highest valued non-listed fintech. So reports Bloomberg.

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Hacker Accused of Stealing $1.7M in Cryptos

Eliyahu Gigi from Tel Aviv, Israel, has been accused of stealing $1.7 million in Bitcoin, Dash, Ethereum and other cryptocurrencies from investors. So reports The Next Web.

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