According to a study by Silicon Valley Bank, Germany’s venture capital ecosystem has fintech to thank for its boost in total dollars invested.
Aug 24, 2021
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Ramp, which offers a corporate card that provides 1.5% unlimited cash back, has raised $300 million in a Series C round and has purchased negotiation-as-a-service platform Buyer. The $300 million round brings Ramp’s valuation to $3.9 billion. The Series C round comes just four months after a $115 million Series B round that valued the […]
Aug 24, 2021
London-based payments platform Paysafe announced Sunday it has signed an agreement to acquire German fintech viafintech in the coming months in an all-cash transaction. With the acquisition, Paysafe will gain access to the the DACH(Austria, Germany and Switzerland) region’s largest independent payment structure’s consumer base. Currently, viafintech operates under the brands Barzaheln/viacash and viacash. The […]
Aug 23, 2021
U.S. online payments giant announced Monday it would let British customers buy, hold and sell digital currencies, starting this week. This marks the official first international expansion of PayPal‘s crypto capabilities since its US launch in October of 2020. Customers will have access to choose from four cryptocurrencies – Bitcoin, Ethereum, Litecoin and Bitcoin Cash […]
Aug 23, 2021
Visa announced that it has invested in a non-fungible token called “CryptoPunk” 7610.
Aug 23, 2021
Opay, a Nigerian mobile payments and consumer platform announced raising a $400 million Series C led by SoftBank’s Vision Fund 2, according to Bloomberg.
Aug 23, 2021
Users of the personal finance app Acorns have been locked out due to “recently discovered unusual activity with [their] Acorns account[s].”
Aug 20, 2021
FinLedger spoke with Furtado about the growth of TripActions Liquid, the “bro culture” in the tech sector, her advice for women in fintech and more.
Aug 20, 2021
DriveWealth, a fintech that helps companies build stock-trading competitor platforms to Robinhood, announced raising $450 million Series D in a funding round led by Insight Partners and Accel, according to a press release.
Aug 20, 2021
Austin, Texas based fintech Nerve announced Thursday the launch of its neobank aimed specifically at a new cohort: musicians. The platform offers FDIC-insured business debit cards and savings accounts, with the banking products themselves being offered through Piermont Bank. It also tracks and reports artists streaming counts and social media platform follower data so artists […]
Aug 19, 2021