USA
PayPal to Acquire Crypto Security Firm Curv
PayPal announced that it has agreed to acquire Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets. Curv is a provider of cloud-based infrastructure for digital asset security based in Tel Aviv, was founded in 2018
Read More
Square’s Banking Subsidiary Begins Operations in the US
Square, a US-based mobile payment company, announced that its subsidiary Square Financial Services, has begun operations. The launch follows Square Financial Services’ completion of the charter approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of
Read More
PayPal Goes Galactic to Make Universal Space Payments a Reality
PayPal announced the launch of PayPal Galactic, an initiative that addresses the issues to help make universal space payments a reality. PayPal Galactic brings together leaders in the scientific community, including the SETI Institute and Space Tourism Society, to prepare
Read More
Blackrock and Snowflake Launch Cloud Data Solution for Investment Managers
American asset management firm BlackRock and Snowflake, a cloud-based data-warehousing company, announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility
Read More
Former Governor of the Bank of England Joins Stripe’s Board of Directors
Stripe, a US-based payment processing platform, announced that Mark Carney, the former Governor of the Bank of England and the Bank of Canada, has joined the company’s board of directors. Regulated in multiple jurisdictions and partnering with several dozen financial
Read More
Personetics Secures $75 Million Funding From Warburg Pincus
Personetics, a Tel Aviv-based global provider of data-driven personalisation and customer engagement solutions for banks and financial services providers, announced it has raised $75 million in funding from Warburg Pincus LLC, a leading global private equity firm focused on growth
Read More
Over Half of US Consumers Would Consider Switching to Digital-Only Banks
A new survey conducted by Juniper Research has found that more than 50% of US consumers wanting to change banks would consider a digital-only bank, with the same finding reflected in a similar UK survey. However, the findings showed that
Read More
Payoneer Poised to Go Public With US$3.3 Billion Merger Deal
Payoneer announced that it plans to go public by merging with FTAC Olympus Acquisition Corp. (FTOC), a special purpose acquisition company in a US$ 3.3 billion deal. Payoneer has been backed by investments from TCV, Susquehanna Growth Equity (SGE), Viola
Read More
Visa Pilots Its New Crypto API Programme With US Neobank First Boulevard
Visa has announced a partnership with First Boulevard, a digitally native neobank focused on building generational wealth for the black community, to pilot Visa’s new suite of crypto APIs that is anticipated to launch later this year. As part of
Read More
Curve Secured $95 Million Ahead of US Expansion Plans
Curve, a London-based banking platform which allows customers to consolidate multiple cards into one smart card and app, announced it has secured $95 million as part of a successful Series C funding round. This fresh funding brings the total investment
Read More