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Tag: Fintech

A new payment service for cryptocurrencies will be launched in Switzerland

In May, a new payment service for cryptocurrencies will be launched with Inapay in Switzerland, according to a report on finews.ch. The service developed by the Zug based Fintech Inacta and the Swiss crypto specialist Bity handles crypto payments via a smartphone app. The Zurich based five-star hotel Dolder Grand…

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Blockchain will no longer dominate the Fintech world

The blockchain hype train has been derailed as people realize that the technology won’t change things overnight. That’s the view of Fintech heavyweight Chris Skinner, Chair of the European networking forum The Financial Services Club and Nordic Finance Innovation. In a blog post, he says, “I used to blog about…

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Both Mastercard and Wells Fargo have been actively exploring the benefits of blockchain technology

The main executives of Mastercard and Wells Fargo agreed that the blockchain technology has a long-term potential. But to date it has not been done. Tim Sloan, Managing Director of Wells Fargo, and Ajaypal Banga, Executive Director of MasterCard, agreed that the potential of distributed record technology (DLT) has not…

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Berlin based food logistics startup collects 10 million euros

Food logistics startup fliit collects 10 million euros. Maersk Growth and Alstin II invest in the Berlin based food logistics startup fliit. Which receives 10 million euros in new capital. Investors for the Series A are the Maersk Growth Fund of the logistics giant Maersk and the venture capital fund…

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