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USDC Now Backed By Cash, US Treasuries
USDC Now Backed By Cash, US Treasuries
August 23, 2021  |  Cryptocurrency

Cryptocurrency exchange Coinbase and network Centre are collaborating to support Circle’s USD Coin, which is now backed by cash and short-term U.S. Treasuries, according to...

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CompoSecure, Gemini Team On Crypto Reward Card
CompoSecure, Gemini Team On Crypto Reward Card
August 23, 2021  |  Credit Cards

Payment card maker CompoSecure Holdings is continuing to delve into the world of cryptocurrency storage and security solutions via a new partnership with crypto platform...

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BNPL Firm Klarna Hits 20M US Customers
BNPL Firm Klarna Hits 20M US Customers
August 23, 2021  |  Buy Now Pay Later

Swedish buy now, pay later (BNPL) company Klarna on Monday (Aug. 23) announced that it has doubled its U.S. customer base since June 2020, reaching...

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WorldRemit Hits $5B Valuation, Rebrands As Zepz
WorldRemit Hits $5B Valuation, Rebrands As Zepz
August 23, 2021  |  Investments

The digital cross-border payment platform Zepz — formerly WorldRemit — became a $5 billion company on Monday (Aug. 23) after raising $292 million in new...

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JD.com Sees Massive Jumps In Revenue As China Remains Locked Down
JD.com Sees Massive Jumps In Revenue As China Remains Locked Down
August 23, 2021  |  Retail

Chinese supply chain-based technology and service company JD.com, Inc. on Monday (Aug. 23) reported $39.3 billion (253.8 billion yuan) in net revenue for the second...

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NCR Buys POS Firm Foremost Business Systems
NCR Buys POS Firm Foremost Business Systems
August 23, 2021  |  Partnerships / Acquisitions

Self-service kiosk and point-of-sale (POS) company NCR Corporation has acquired Foremost Business Systems, a Minneapolis firm that makes POS systems for the restaurant industry. Get...

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Katapult Adds Direct-Apply Lease Feature
Katapult Adds Direct-Apply Lease Feature
August 23, 2021  |  Retail

eCommerce leasing company Katapult’s direct apply feature allows customers to apply on the company’s website for their approved lease amount rather than doing it through one...

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PayPal Expands Crypto Trading To UK Users 
PayPal Expands Crypto Trading To UK Users 
August 23, 2021  |  Cryptocurrency

PayPal’s first global expansion of cryptocurrency trading launches this week to users in the U.K. with the ability to buy and sell bitcoin, Ethereum, Litecoin...

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Sezzle Files Draft Paperwork For US IPO
Sezzle Files Draft Paperwork For US IPO
August 23, 2021  |  IPO

Payment platform Sezzle said it has confidentially submitted a draft registration statement for an initial public offering (IPO) to the U.S. Security and Exchange Commission,...

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