QED's first investment in the region was Nubank, a deal that is set to pay off handsomely.
India-headquartered software-as-a-service (SaaS) Fintech ClearTax has acquired $75 million in funding via a Series C round. ClearTax's investment round has been finalized in order to support the firm’s business expansion into the MENA region. The company said it would also enable ClearTax to further diversify
Before the age of fintech, teenagers would usually open bank accounts at the same bank their parents did. I remember at the age of 12 being thrilled at having my very own bank account that even paid interest. It was a coming of age that felt big to me.
Personal information for more than 7 million customers was accessed during a data breach on November 3rd, Robinhood said, but it doesn’t appear anyone lost any money. The company said it is investigating.
“We’re offering creators the ability to direct people to a website to complete their subscriptions purchase using Facebook Pay. When people purchase subscriptions from this website on web or mobile, creators will be able to keep 100% of the money they earn, excluding taxes,” it said.
This headline caught my attention the other day: Bank loyalty costs savers £1.6 billion a year in missed interest The detail: There’s £246.5 billion ($340 billion) languishing in accounts paying no interest at all … A survey of 2,000 adults across the UK, with 42 percent of respondents stating that …
Financial institutions have only begun to scratch the surface of how VR and AR may be used for customer interaction as well as staff training.
The incoming mayor of New York City thinks that schools should add cryptocurrency and blockchain technology to the curriculum, as Eric Adams ups the ante in his plan to transform the city into a crypto hotspot.
A recent report from banking regulators says the digital assets pose too big a risk to the financial system to be issued by state-chartered entities that don’t have deposit insurance. Stablecoin issuers and others reject that claim and say regulators are discouraging competition.
PayPal (NASDAQ:PYPL) has announced its Q3 earnings results with an EPS beat of $1.11 (non-GAAP) and total payment volume of $310 billion and 416 million accounts. Net revenues were reported at $6.18 billion an increase of 13% versus year prior and net income arrived at