German digital bank N26 said on Tuesday it has raised $900 million in a new funding round that values the firm at $9 billion.
Financial institutions are experiencing an unacceptable rate of digital account opening abandonment due to slow and broken processes.
Plaid and The Harris Poll have released a report, titled The Fintech Effect: Fintech's Mass Adoption Moment. It covers latest Fintech trends, globally.
Facebook launched its digital wallet called Novi with the help of Coinbase.
British online lending start-up Zopa has raised $300 million in a funding round led by SoftBank, adding to the soaring investment flowing into European fintech.
The unnamed firms must shut down because they lack securities registration, according to an order issued by state Attorney General Letitia James. Her office asked three other cryptocurrency-related companies to submit detailed explanations of their business models.
Investors will be able to gain exposure to bitcoin through the fund, without direct exposure to the volatile currency that traded over $62,000 over the weekend alongside this and other pro-crypto news. On Tuesday morning, the ProShares ETF went live under the ticker BITO at around $40.
We talk a lot about neobanks and challenger banks, but how are they doing in reality? Well, they seem to be doing pretty well. By way of example N26, the Germany-based bank start-up, is now the second most valuable bank in Germany behind Deutsche Bank. It’s worth more than Commerzbank. …
Chainalysis, the blockchain data platform, today announced it is expanding its long-standing partnership with NYDIG, a leading technology and financial services firm, to execute a purchase of Bitcoin for the firm’s balance sheet.
Jumio, the provider of AI-enhanced end-to-end identity verification, eKYC and AML solutions, announced another solid quarter, with new business growing over 130% in Q3 2021 from Q3 2020. As mentioned in a release shared with CI, this growth coves the globe and several different industries,