Skip to content

Tag: Money

Five new financial platforms will use XRP for international payments

The company behind cryptoactive XRP, Ripple, reported that five new financial platforms will start using cryptocurrency to make cross-border payments. The startup highlighted that JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will use XRP to “obtain liquidity” and “send payments on behalf of their clients”. Ripple also announced that…

Leave a Comment

Cryptos Are Crashing, the 2019 prices hit an all-time low

Cryptocurrencies suffered a double-drubbing in the last few hours, crashing Bitcoin back below $4,000 to 2019 lows. No immediate catalysts for the pukes but some are pointing at, as Cointelegraph reported today, a critical vulnerability that leaked sensitive user data has been discovered and quickly patched on the Nasdaq-powered cryptocurrency…

Leave a Comment

A great business opportunity for startups: disruption in fintech

A few months ago the number of Internet users exceeded 4,000 million people on the planet, which was at that time 53% of the world’s population. According to the report published in February ‘Digital in 2018’ of the social network administration platform Hootsuite, these figures had increased by 7% in…

Leave a Comment

$ 20 million was raised to connect banks with fintechs and other financial service providers

Bud helps banks connect their applications and data to other fintech companies and financial services providers has closed more than $ 20 million in additional funds. The round of the Series A considers that the company will recover the support of a series of banks: HSBC (which, through First Direct,…

Leave a Comment

What is currently happening in the business of cryptocurrencies

The cryptocurrencies continued their fall with a new series of losses on Friday after the Securities and Exchange Commission (SEC) thwarted hopes that a Bitcoin exchange fund would appear before the end of this year. Bitcoin, the largest cryptocurrency, plummeted to 8.2 percent, moving beyond $ 3400 (R48150) to the…

Leave a Comment

China’s $67 billion money transfer market was targeted by Ripple (XRP)

Ripple is looking for a Country Manager to open a new office in Shanghai. The San Francisco-based fintech startup says the new new manager will build business in China, a $ 67 billion cash transfer market. The new plan will help Ripple expand its growing list of 200 banking and…

Leave a Comment

What is the “Google rate” and why should it matter to your brand’s business?

Facebook and Google control more than half (57.6 percent) of the digital advertising market worldwide. The  Rate Google is a project of reform of the well-known Law of Intellectual Property that forces to pay to the providers of services and news aggregators to link and to show content of means…

Leave a Comment

Fed hesitates with licenses – Fintechs are reversing the US banking industry

The Federal Reserve is reluctant to grant companies a license that would allow them, like banks, direct access to the Fed’s systems. Among the young technology companies that are active in, for example, payments or lending, consumer protection and risk management left much to be desired, is the criticism of…

Leave a Comment

The digital bank N26 is already the most valuable fintech in Europe and it is still expanding

N26, a German startup supported by PayPal investor and co-founder Peter Thiel, has raised $ 300 million in a round of Series D financing. The investment places the company’s valuation at around 2,700 million dollars.The financing round takes place only 10 months after the last and will be used to…

Leave a Comment