Category: digital currencies

Blockchain-driven financial platform BlockFi has partnered with purchase-based intelligence firm Cardlytics to launch BlockFi Offers. The new rewards program will enable BlockFi cardholders to earn up to 10% crypto back on select purchases. BlockFi Offers rewards can be accrued on top of BlockFi’s existing 1.5% crypto back on all purchases. Earning crypto is about to…

Indonesian business payments infrastructure and API suite provider Xendit on Thursday raised $300 million in a series D funding round, bringing the company’s total raised to $538 million. The fintech over the last 12 months more than tripled its transactions processed annually from 65 million to 200 million and increased total payments value from $6.5…

Commercial banks are still playing catch-up when it comes to digital account opening, even as more business banking customers move online. Commercial customers are moving their businesses online, with 32% of 127 banking executives surveyed saying their clients now primarily interact via mobile and 29% interact by desktop, according to a recent report by Phoenix-based…

Before inking deals with the nation’s biggest banks and financial institutions, fintech Akoya was focused on secure open finance. The Boston-based fintech, which originated as an application programming interface (API) division under Fidelity Investments, is now owned by several banks, including the $3.24 trillion Bank of America, $2.3 trillion Citi and $1.95 trillion Wells Fargo.…

UK-based Zilch is bringing its buy now, pay later (BNPL) 2.0 business model to the US; with a headquarters in Miami and 150,000 rep-registered customers.  Having already engaged around two million customers since launching in the UK some 18 months ago, Zilch is well-positioned to enter the US market with its BNPL 2.0 model effectively.…

Dubai’s Museum of the Future is collaborating with Binance‘s non-fungible token (NFT) marketplace to develop and launch a range of digital products on the blockchain, starting with ‘The Most Beautiful NFTs in the Metaverse’. Through its work with the blockchain and cryptocurrency infrastructure provider, the museum aims to develop its first-ever NFT collection, in line…

Depending on who you talk to, two, five or even 10 years’ worth of digital transformation has been jammed into 24 months or so of the Covid pandemic. As lockdowns and other restrictions took hold, real-time digital platforms, services and experiences stepped into the void left by restrictions on their in-person equivalents. Not only are…

This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. This will be the last This Week in Fintech post. I am doing this so that I can devote more of my time to growing Daily Fintech as a business  – watch this space for a number of new…

in3, a Dutch ‘Buy-Now-Pay-Later’ (BNPL) fintech has announced an $85.3million Series B funding round from the British VC Force over Mass, US institutional asset manager Waterfall Asset Management LLC and Dutch investor Finch Capital. The fintech has also confirmed a nationwide partnership with Mollie, an online payment service in the Netherlands to online and physical…

More than 85 per cent of UK finance workers no longer view the office as their main place of work, bringing to light the challenge the industry faces if it tries to persuade bankers to return to pre-pandemic norms. The demand for a new paradigm is clear from a YouGov survey of more than 500…