Tag: financial technology
ATM Software Vulnerabilities: Potential Attacks on Cash Machines
Every year at the Defcon security conference in Las Vegas, there is a tradition of hacking ATMs. People try to unlock them, steal personal...
Stripe acquires Lemon Squeezy: A New Era in Payment Processing |...
Payments company Stripe recently made a big move by acquiring Lemon Squeezy, a competitor that specializes in calculating and paying global sales tax for...
Egyptian fintech MNT-Halan acquires Turkish fintech to expand, secures $157.5M
Egyptian fintech company MNT-Halan is making big moves in the industry. They have recently secured $157.5 million in funding and have used part of...
Track and Manage Bank Transactions Easily with CRED | TechCrunch
CRED, an Indian fintech startup based in Bengaluru, has introduced a new feature called CRED Money to assist its customers in managing their cash...
Sequoia’s Major Investment in Stripe and Success of LatAm Fintechs: TechCrunch...
Welcome to the latest update from TechCrunch Fintech! This week, we delve into Sequoia Capital's unique approach to providing liquidity to its limited partners...
Nexus: Connecting Domestic Payment Systems for Instant Cross-Border Payments
In recent news, there has been a significant development in the world of technology, particularly in the realm of payments systems. It has been...
The Collapse of Synapse: Impact on Fintech Users Explained
The collapse of BaaS fintech Synapse has sent shockwaves through the fintech industry, exposing the risks associated with relying on interconnected players in the...
Polymarket: Crypto Prediction Market Raises $70M+ for Election Betting
Polymarket, a cryptocurrency prediction market, has successfully raised over $70 million for election betting. This news has garnered attention from various reputable sources such...
Nala Secures $40M Funding to Expand B2B Payments Platform and Remittance...
Nala, a remittance startup, recently secured an impressive $40 million in funding to expand its services and launch a new B2B payments platform. The...
Wealthtech Startups in India: Investors Flock to Tap into Growing Affluent...
Investors are showing a keen interest in Indian wealthtech startups as the middle class grows and startups challenge traditional financial advisors for high-net-worth clients....
DefiLlama Surges: TON Blockchain Assets Locked Hit $1B
On July 7, 2024, the DefiLlama platform experienced a significant surge as the assets locked on the TON blockchain hit $1 billion. This milestone...
Restore Customer Access: Senators Call on Synapse Fintech Owners to Act
A group of senators has come together to push Synapse Fintech's owners and partners to take action and restore customer access to their funds....
Circle Receives E-Money License in France, Ensuring Compliance with EU Crypto...
Circle, a prominent digital currency company, has recently obtained an e-money license in France, ensuring compliance with EU crypto laws. This development marks a...
BlackRock to Acquire Preqin for £2.55B in Cash: Sources
BlackRock, a global investment management company, has announced plans to acquire Preqin, a data and research firm specializing in alternative assets, for a whopping...
Empower Non-Bank Businesses with $8M Investment in Embedded Finance Services
Banking-as-a-service (BaaS) platforms are revolutionizing the way non-bank businesses access digital financial services. These platforms introduce fintech capabilities to businesses, allowing them to offer...