Shares of SoFi rallied on Tuesday following news that the fintech cleared its final regulatory hurdle in becoming a bank.
In a move rarely made by Western venture capitalists, QED Investors announced today that it has hired an African partner, Gbenga Ajayi. He will focus on Africa investments as part of QED’s international team. Last September, the fintech-focused venture capital firm announced closing $1.05 billion for its oversubscribed seventh fund. TechCrunch reported that Fund VII, […]
Sultan Meghji, chief innovation officer at the US government agency Federal Deposit Insurance Corporation (FDIC), has announced his resignation.
Covering global payments and ecommerce, Nium is now valued at over $1bn, with a run rate topping $100m, and has attracted over $200m funding in 2021 alone.
Videogames have already had an outsize influence on corporate technology in areas like cloud-computing, AI, virtual marketplaces and cryptocurrency. In a union of Microsoft and Activision, much more would be on the way, analysts say.
FTCThe Federal Trade Commission is returning more than $10 million t
Coinbase and Mastercard announced a partnership to offer users more "payment choices" on the upcoming Coinbase NFT platform.
A fiat-to-payments-and-back app is needed for cryptocurrency to fulfill its original backers' vision and provide real-world utility.
Cryptocurrency regulation has been embedded into broader financial technology regulation or postponed in a "wait and see" approach.
In a country where many people are still unbanked, and queuing to pay bills is part of daily life, the impact of being able to pay anyone instantly can't be understated.