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Wednesday, January 27, 2021

Fintech

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British FinTech company Cashaa to open physical bank branches in India

Cashaa intends to expand the number of crypto banks in India to 100 after the initial launch. Earlier this month, the FinTech firm rolled out...

FinTech boom continues as Klarna is valued at over $10bln

Swedish banking company Klarna has been valued at $10.65 billion following its latest equity funding round A year ago, the Swedish startup was valued at...

Fintech startup Capitolis fundraising from Citi, JPMorgan and State Street

NY based Capitolis received an $11 million funding from Citi, J.P. Morgan and State Street. Capitolis raised the $40 million Series B funding round in...

ZILHive accelerator aims to foster future blockchain for FinTech superstars

Zilliqa launches its 2020-2021 blockchain accelerator program. Eight early- and late-stage startups will take part in the program. Accelerator aims to promote blockchain technology development within...

US Crypto lender Cred joins Visa fintech program 

San Francisco-based crypto lending and staking platform, Cred announced today that it has joined Visa’s Fast Track program, which according to the firm would...

Qatar’s National Solarized Fintech Strategy Amid COVID-19 Pandemic

The nation of Qatar is a World Bank “high-income economy,” backed by the world's third-largest natural gas and oil reserves. It has the third-highest...

US Bank Regulator Sees Potential in Fintech Solutions to Legacy Banking Issues

The United States Acting Comptroller of the Currency, Brian Brooks, recently expressed his willingness to embrace fintech solutions in an interview with uj. Brooks, who...

Facebook Goes All-In On FinTech With Launch of New Subsidiary

Facebook Inc. has launched a new subsidiary group to promote “payments and commerce opportunities” with David Marcus, Libra’s co-creator, in charge of the division. The...

DeFi Makes Legacy Fintech Obsolete

Kain Warwick, founder of DeFi derivatives platform Synthetix, argues that projects built on Ethereum can finally deliver on many of the promises that fintech...

An Obscure Program Shows How FinTech Can Fight Stimulus Fraud

Sen. Chuck Grassley offered a scathing critique of the federal government’s EB-5 immigrant investor program and the potential for fraud when the Senate passed...
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