All materials - page 386

News

Payments Platform Sprinque Raises €6 Million

The Dutch B2B payment platform Sprinque has attracted initial financing in the amount of 6 million euros.

News

EU Postpones MiCA Crypto Regulation Vote to April

EU lawmakers have re-scheduled their vote on landmark crypto regulation bill MiCA to April 2023. Its key provisions cover transparency, disclosure, authorisation and supervision of crypto transactions

News

Looming Twitter Interest Payment Threatens Elon Musk With Problems

The impending interest payment on Twitter is a serious problem for Elon Musk.

News

Collapsed Crypto Hedge Fund Founders Want $25 Million for New Project

Founders of the now-bankrupt Three Arrows Capital (3AC) are pitching a collaboration to cryptocurrency exchange CoinFLEX.

Fintech & Ecommerce

Fintech Kwara Raises $3M Seed Extension, Partners Over 4,000 Credit Unions

Kenyan fintech Kwara, which turns analogue credit unions into modern digital banks, has raised a $3 million seed extension, preparing for the enormous expansion

Blockchain & Crypto

Seoul Government Opens City’s First Metaverse Project

According to Seoul’s mayor, Oh Se-hoon, the new virtual environment will allow residents to access official documents, file complaints, and receive help with filing taxes.

Finance & Economics

India’s Central Bank Calls for Outright Ban on Crypto

The head of India’s Central Bank has called for a blanket ban on cryptocurrency, again.

Blockchain & Crypto

Tether’s Settlement Volume Flips Visa and Mastercard

According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.

Blockchain & Crypto

North Korean Hacker Group Moves $63.5 Million in ETH

Infamous North Korean hacker group Lazarus moved 41,000 ETH, valued at $63.5 million, among over 350 accounts. The Lazarus Group has previously been implicated in Bitcoin theft, amounting to more than $2 billion.

Finance & Economics

Deutsche Bank’s Blue Water Fintech Lab Launches First Commercial Product

Deutsche Bank’s Blue Water Fintech Lab developed a robotic process automation platform for processing and matching data in several banks.

Finance & Economics

How to Run Your Own Clothing Store

The retail industry is one of the most lucrative ventures, with a variety of business opportunities available to entrepreneurs. It offers the chance to develop creative concepts and make profits while bringing joy to customers. Running a successful store is not simply about passion and adequate finances. It requires having a clear set of goals […]

News

Alibaba Sells Stake in Paytm

Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in Indian digital payments company Paytm.

News

China’s Official Wallet App Launches Offline Payments

The Chinese digital yuan app launched a new feature that allows users to make payments from mobile phones offline.

Finance & Economics

Neobank Kompasbank Raises €12 Million

Kompasbank, the youngest bank in Denmark, has attracted new financing for 12 million euros.

Countries

US Regulators Fully Control Mechanisms of Securitization of Direct Investments

In the USA, regulators apply the practice of strict control measures to direct investment instruments.

Finance & Economics

TikTok ByteDance Launches Payments With J.P. Morgan

J.P. Morgan works with TikTok’s parent company ByteDance on payment technology.