Block & Afterpay have announced the Scheme of Arrangement under which Block has acquired all of the issued shares in Afterpay.
Wirecard’s long time chief operating officer is said to be on the run according to former colleagues who said he...
Plum uses artificial intelligence to suggest and automate savings for its customers; the RateSetter Plum partnership will add a new savings option for Plum customers; through the platform customers can now choose to automate investment to a RateSetter account with an average return of approximately 4.7%. Source
If you're a developer that needs to keep up to date in order to support the new wave of blockchain technology/ICO's and wants to immerse yourself in learning how to build/code your own token or smart contract, come join us on December 9th at FinTech School's Ethereum - Solidity Programming Workshop. Classroom setting, but this time all virtual (provided by Shindig.com) and you can be located anywhere globally. You'll be learning live from Neeraj Srivastava and the DLT Labs team (Ethereum Alliance Member). Use Code “FTSLENDIT” For 50% Off Source
Mexico's Banorte will launch neobank Bineo by late this year or in early 2024. It aims to add 3 million clients and operate independently.
Anju Patwardhan is researching the potential for financial technology to increase financial inclusion for small businesses at Stanford University; Anju was previously chief innovation officer at Standard Chartered Bank and currently is a venture partner at CreditEase; in an interview on the Pacific Exchanges Podcast, she talks about collaboration between banks and fintech firms as well as her research at Stanford University. Source
Wall Street trading firm TrueEx is launching a derivatives platform for cryptocurrency and they have also entered into a partnership with ConsenSys; the partnership with ConsenSys will focus on building a benchmark for ether; the derivatives marketplace is pending review by the CFTC and is looking to list non-deliverable forward contracts for cryptocurrency. Source.
There is no question that challenger banks like Revolut, Monzo and N26 have acquired massive amounts of customers; it leads...
A recent study conducted by Lending Club claims that 60% of Americans have revolving credit card debt and two-thirds of Americans...
WestCap is leading what appears to be the largest funding round in crypto history.