China is rushing towards the development and distribution of a central bank digital currency while the rest of the developed world dithers along.
Coinbase posted total first-quarter revenue of $1.8 billion from $191 million in the same quarter a year earlier and an EBITDA of $1.1 billion.
Standard Chartered turbocharges digital payments proposition with investment and the merger of CurrencyFair with Assembly Payments
CurrencyFair, a global cross-border payments platform and Assembly Payments, whose platform automates complex payment workflows, today announce their merger as a result of a strategic investment by Standard Chartered, subject to regulatory approval. SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered is doubling down on its commitment to the rapidly growing payments industry, following its earlier investment in Assembly Payments in 2020. Bill Winters, Group Chief Executive of Standard Chartered said, “Digital payments is a core strategic area for Standard Chartered and our 2020 investment in Assembly Payments greatly enhanced our presence in the domestic payments business. By bringing together the complementary strengths of CurrencyFair and […]
This means that the five-year-old Uruguayan company dLocal has effectively quadrupled its valuation in a matter of months.
Global payments platform Nium boosts payment capabilities in South Korea through partnership with SENTBE
Nium partner with SENTBE, a fintech company that offers cross-border payment capabilities, to enable Nium customers to make payments into South Korea.
Rush Gold signs major partnership to power gold payment services for multiple Mobile Network Operators across 10 ASEAN countries
Rush Gold’s agreement with ZAFA Group will enable MNOs across the ten ASEAN nations to offer gold payment services using gold as a common currency.
Visa will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, as acceptance of digital currencies goes mainstream.
As the crypto boom continues, Chainalysis, announced that it has closed on $100 million in Series D financing, doubling its valuation to over $2 billion.