Tag: minority stake
Deutsche Börse’s Clearstream Unit Invests in This European Fintech
Clearstream,
the post-trade division of Deutsche Börse Group, recognizes the growing
importance of digitization in the financial industry. Because of this, it has
revealed its intention to...
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The big fintech fight for Hong Kong’s taxis
The last bastion of cash-only payment in Hong Kong is the taxi industry. Several fintech companies have attempted to introduce mobile payments, but with...
Credit Agricole Acquires 7% Stake in Joint-Venture Partner Worldline
France’s Credit Agricole has taken a 7 percent stake in payments company Worldline to further strengthen the joint venture partnership between the two. The...
4T Markets’ First Full-Year Financials (FY23): Revenue Crosses £235K
4T Markets Limited, which rebranded from Formax Prime Capital (UK) Limited, closed the fiscal year 2023 that ended on 31 March with revenue of...
Institutional Crypto Brokerage Nonco Secures $10m of aggregate new capital in Seed Round, Led by Valor Capital Group and Hack VC
Nonco has executed close to $6Bn in trading volume since its launch in April aiming to become a top digital asset brokerage.
Brian Brooks (Valor...
Celsius Network Obtains Approval for Restructuring
Celsius Network has secured the approval of the US
bankruptcy court to restructure its business. In the plan, the company has promised to return
crypto assets...
Finovate Global UK: Funding Innovation in Rewards, Payments, Lending, and Crypto – Finovate
London-based fintech and digital wallet HyperJar announced a partnership with digital gift card network, Tillo. The announcement makes HyperJar the first spending app...
MoneyGram Unveiling Non-Custodial Wallet for USDC Stablecoin
The wallet, launching in early 2024 on the Stellar network, will allow users to cash-out the stablecoin at participating locations. ...
Can Bitcoin Overtake Other Means of Payments in 2024?
As the world of
cryptocurrency continues to expand, Bitcoin remains the most well-known and
extensively used digital currency. It has established itself as a valuable
store of...
Amazon invests billions in AI developer Anthropic
Amazon is strengthening ties with OpenAI rival Anthropic via an investment of up to $4 billion in the company, as AWS becomes the primary...
Circle’s CEO Says the Firm Is ‘On the Path’ to Become a Public Company
As Circle progresses on its path, the company is strategizing to tap into the extensive market potential that lies ahead. ...
Ripple Continues Its Acquisitive Streak With Deal To Acquire Crypto Infrastructure Startup Fortress Trust
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Just a few months after splashing $250 million on Metaco, Ripple has announced the acquisition of Fortress Trust, a Nevada-headquartered...
USDC Market Cap Plummets to 2-Year Low–Here’s 4 Reasons Why – Decrypt
The market’s second-largest stablecoin has been taking a beating, with the market cap of Circle’s USDC hitting a two-year low.Per CoinGecko, the market cap is...
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