Category : Fintech News

Teranode Realises the Potential of Blockchain Technology

Blockchain, heralded for its potential to transform industries, is currently undergoing a divergence from its original vision, marked by a prioritisation of speculative interests over core principles like scalability and decentralisation. Calvin Ayre...

How Could Judge’s Indictment of Craig Wright’s Satoshi Nakamoto Claims Impact the Crypto Industry?

This week, the judge overseeing a case between the Cryptocurrency Open Patent Alliance (COPA) versus Craig Wright, ruled that the defendant is ‘not’ Satoshi Nakamoto, the identity responsible for inventing Bitcoin, citing an ‘overwh...

Binance Academy and the Blockchain Center Bring Education Outreach Programme to Morocco

Binance Academy, a free educational platform helping people learn about cryptocurrency, is partnering with the Blockchain Center, a global research lab, and ENSET-Université Hassan II de Casablanca to extend its Global University Outreach Program (GU...

GoCardless Acquires Nuapay, Creating a Full-Service Bank Payment Provider in Australia

GoCardless, the bank payment company, has reached an agreement to acquire competitor Nuapay, the open banking business of EML Payments Limited, subject to regulatory approval. The Nuapay acquisition will significantly scale GoCardless’ indirect chann...

7 in 10 Lending Firms Say Women Are Equally or More Loyal Than Men Reveals IFC Survey

Fintech firms could play a massive role in advancing financial inclusion for women finds a new IFC report. According to the asset management and investment advisory platform, this can be done by utilising business strategies informed by analysing sex...

FinTech Scotland and Techscaler Partner to Accelerate Scottish Fintech Growth

Fintech SMEs in Scotland currently employ more than 10,500 people across 226 enterprises, with 38 per cent of fintechs having reached scale-up stage. Looking to ensure this growth continues, and to accelerate the ecosystem, FinTech Scotland, the Scot...

Ryft Enables UK Merchants to Accept Payments From American Express Cardmembers

Ryft, the FCA-regulated payments provider, is upgrading its digital platform payments offering thanks to a new partnership with American Express, the global payments company. By partnering with American Express, Ryft can now enable its e-commerce mer...

Investors Refocused on Profitability After Payment Company Struggles With Interest Rates, Says Jury

High payment company valuations and funding rounds were driven by investors bidding up deal prices without paying significant attention to profitability. However, now there is a far greater focus on earlier profitability over hyper-growth; leading to...

DIFC Keeps Up With Digital Asset Development, Enacting New Law and Amending Other Legislation

The UAE has established itself as a frontrunner in the digital innovation space. However, maintaining this status requires an up to date understanding of the latest developments in financial markets across the world. One such market which has receive...

Singapore Travel Insurance Preferences Shifting Digitally, Finds KoverNow Study

There is a strong demand for travel insurance products across all age groups according to new research from KoverNow, the digital insurance platform. Its research, done with the National University of Singapore, has revealed a preference to use digit...

Behind the Idea: Finimize

Complexity and exclusivity have long characterised the world of investing, often leaving many individuals feeling alienated from financial markets. However, as Gen Xers and Millennials prepare to dominate global wealth by 2030, there’s a growin...

Stripe’s growth continues to impress as total payment volume tops $1 trillion

The company says it was cash flow positive in 2023, and plans to be again in 2024. With $8.7 billion in venture capital it likely means it has little to no need to raise more before it goes public. © 2024 TechCrunch. All rights reserved. For personal...

‘Banking-as-a-Service’ startup Griffin raises $24M as it attains full banking license

Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round. © 2024 TechCrunch. All rights reserved. For personal use only.

Why does every startup want to help you get paid?

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at the piping hot global payroll space, neobank Dave’s financial results and related stock boost, and more! To get a roundup of TechCrunch’s biggest and mo...

NatWest Plans to Shut Down BNPL Offering; Why Are So Many Firms Taking a Step Back From BNPL?

Around 2020, buy now, pay later (BNPL) solutions exploded in popularity, as an increasing number of shoppers across the globe turned to online shopping during a pandemic that caused a significant amount of financial uncertainty. However, since then,...

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