PayPal Expands Buying and Selling Cryptocurrency Services to the UK
PayPal announced the launch of a new service enabling its customers in the UK to buy, hold and sell cryptocurrency with starts rolling out this week. Customers can choose from four types of cryptocurrencies; Bitcoin, Ethereum, Litecoin and Bitcoin Cash.
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Paysafe’s Acquisition Spree Continues With Germany’s viafintech
London-based payments platform Paysafe has signed an agreement to acquire German fintech company, viafintech, in an all-cash transaction for an undiclosed sum and will be finalised in the coming months. viafintech, known under the brands of Barzahlen/viacash and viacash, offers
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DriveWealth Secures US$450 Million Series D, Now Valued at US$2.85 Billion
DriveWealth, US-based specialist of embedded finance, fractional investing in US equities, and API-driven brokerage infrastructure, announced a US$450 million Series D with a valuation of US$2.85 billion. The round was co-led by New York-based global private equity and venture capital
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PostFinance Appoints Former Avaloq Exec as New Head of Payment Solutions
PostFinance, the financial services unit of Swiss Post, has appointed Benjamin Staeheli as the new Head of Payment Solutions who will also be joining the Executive Board as of 1 January 2022. Staeheli will be joining the Payment Solutions unit
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Worldline, Bitcoin Suisse Enable Swiss Merchants To Accept Bitcoin Payments
European payments firm Worldline and Swiss cryptocurrency trading platform Bitcoin Suisse announce the go-live of their omnichannel crypto payment solution WL Crypto Payments. The integrated service allows more than 85,000 Swiss merchants on Worldline’s network to accept Bitcoin and Ether
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Canadian Travel Tech Firm Hopper Secures US$175 Series G Funding
Canadian travel tech company Hopper announced that it has completed a US$175 million Series G financing round led by New York’s GPI Capital. The fundraise also saw participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice. Hopper said
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Revolut Taps BearingPoint RegTech To Meet Regulatory Reporting for Its UK Bank
London-headquartered fintech giant Revolut has extended its partnership with BearingPoint RegTech, a Netherlands-based regtech solution provider, to support its United Kingdom (UK) expansion plans. Revolut will be extending the use of the Abacus360 Banking solution as it faces new regulatory requirements
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Momentum Continues in Colombia’s Fintech Ecosystem
Colombia’s fintech sector is growing at a fast pace with now more than 320 companies operating in various segments ranging from online lending and digital payments, to business finance and wealthtech. This makes Colombia the third largest fintech hub in
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Swiss Bitcoin Investment App Relai Hires Bitpanda’s Former Exec as New CMO
Zurich-based bitcoin investing startup Relai announced that Imo Bábics will join as Chief Marketing Officer to lead the company’s European expansion plans. He brings over twelve years of marketing experience to Relai and a proven track record in growing a
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Valuu Branches Out To Offer Personal Loans Comparison Feature
Valuu, a fully digital mortgage brokerage platform in Switzerland launched by PostFinance, is expanding its services with transparent, digital comparison options for personal loans. Five Swiss lenders Migros Bank, BANK-now, Cembra Money Bank, eny Finance and good finance are acting
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