Due to currency volatility and infrastructure issues, the use of virtual currencies in emerging markets has boomed in recent years. In 2020, Nigeria was ranked third globally in terms of countries with the highest bitcoin trading volumes — generating transactions worth more than $400 million...
In today’s FinTech news, Euroclear has invested in blockchain payments consortium Fnality, while Recharge.com is expanding its gift card offerings to the land Down Under. Plus, rising interest rates could be a game-changer for traditional financial institutions. Get the Full Story Complete the form to...
In today’s FinTech news, three Delivery Hero alums have raised $6.4 million in seed funding to grow their financial operations software startup Payrails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The FinTech IPO Tracker continues to underperform the broader indices, as measured year-to-date – a downtrend only recently interrupted, briefly, amid a broad-based rally in tech stocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In today’s FinTech news, Treezor earns all eight payments licenses from French authorities, while FTX and AZA partner to drive digital currency and Web3 adoption in Africa. Plus, tax filing firm Clear acquires supply chain finance startup Xpedize to advance payments financing for larger enterprises...
In today’s FinTech news, Stellar is using its seed to grow its credit access platform for people in the U.S. with no or bad credit, while Moove is using its Series A to bring car financing to mobility entrepreneurs with poor access to credit. Plus,...
The Stellar Development Foundation (SDF) and MoneyGram International Inc. (MG) have formed a partnership with Techstars, the global network that helps entrepreneurs succeed with investments of capital, and will launch a mentorship program aimed at Latin America’s financial system, the companies announced Friday (March 11). Get the Full Story...
In today’s FinTech news, Atlantic Money emerges from stealth mode with fixed-rate money transfers, while South African telecom MTN seeks investors for its FinTech unit. Plus, United Kingdom tech firms launch the charity Fintechs for Ukraine. Get the Full Story Complete the form to unlock...
Irvine, California-based FinTech startup Acorns has raised $300 million from private investors, CNBC reported Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
