Credit unions are looking for approval to hold digital assets like Bitcoin directly, after a federal regulator clarified they can provide cryptocurrency services to customers by partnering with third parties.
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John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.
Cross-border FinTech platform Taptap Send raised $65 million in a Series B funding round led by Spark Capital, bringing its overall funding to $80 million.
VC levels for proptech funding returned to pre-pandemic levels with investments shifting from early-stage to mid and late-stage companies.
"Getting rid of overdraft solves part of the problem, but it also can hurt customers who are relying on those funds to get by, even though it's a very expensive credit," said the fintech's top executive, Jason Wilk.
“Companies are increasingly adopting new technologies to provide workers with fast access to earned wages instead of following the traditional two-week pay cycle. While the earned wage access (EWA) trend first took off in the gig space, we think EWA will soon revolutionize the entire payroll space.
Global financial technology company SumUp has revealed the year in review for small business and nano merchants in the United Kingdom.
CEO Norris Koppel says it’s part of a broader push into credit and lending.
Open Co, a São Paulo-based start-up, says the cash will be used to support its expansion plans and investments in technology and product development.
Rocket Companies, a platform that offers mortgage and financial services, has signed an agreement to acquire Truebill for $1.275bn in cash.
Read more about Stepladder: the development of a concept to allow people to access property deposits faster, supporting and preparing first time buyers