PYMNTS

OCTOBER 11, 2018

CipherTrace noted in a report that digital currency theft has nearly topped $1 billion over the first three quarters of the year at $927 million, Reuters reported. To bolster development of FinTech firms, the Monetary Authority of Singapore (MAS) wants to help startups in the crypto space to have domestic banking services, CoinDesk said.

Currencies 73

Currencies Startups Forecasting Banking 73

PYMNTS

SEPTEMBER 27, 2019

Crypto startup RSK will buy Spanish social media network Taringa in a bid to expand and to gain access to the platform’s 20 million users, according to a report by Forbes. RSK, a subsidiary of IOVLabs, is self-described as the “first open-source, smart contract platform secured by the bitcoin network.”.

Startups 69

Startups Currencies Economics Securities 69

PYMNTS

JUNE 5, 2017

Russia is getting more into digital currency with the central bank in the country launching tests of several digital currency schemes. “Regulators of all countries agree that it’s essential to develop a national digital currency, that it is the future,” Skorobogatova said.

Currencies 40

Currencies Banking Startups eCommerce 40

PYMNTS

OCTOBER 23, 2018

The SBI Group plans to license Sepior ApS ’ wallet technology to use in its own wallet, which will become a part of its digital currency exchange platform, the company said in an announcement. Crypto startup Uphold is getting into the earning and lending product market with Uphold Borrow and Uphold Earn, CoinDesk reported.

Startups 76

Startups Banking Currencies Financial Systems 76

PYMNTS

OCTOBER 4, 2019

Andreessen Horowitz announced that it is launching its own crypto startup school “to encourage more tech entrepreneurs to start crypto projects and help crypto-curious builders navigate the idea maze.”. Chris Dixon, a general partner at Andreessen Horowitz , told The Block that the school will boast free tuition. “We

Startups 46

Startups Currencies Banking Securities 46

Global Finance

SEPTEMBER 4, 2024

Following the successful launch of Circle’s proprietary USDC via behemoth banks BTG Pactual and Nubank in March, the unicorn Latin American startup Mercado Libre has rolled out its commission-free dollar-backed stablecoin, the Meli Dolar. Foreign currency-backed stablecoins are widely seen as the next big thing in Latin America.

Currencies 52

Currencies Financial Systems Leverage Startups 52

PYMNTS

SEPTEMBER 19, 2016

Startups specializing in blockchain may have their eye on disrupting the $15 billion music industry. The startup recently collaborated with an artist that allowed a wallet to be set up on the Ethereum blockchain, where users could send digital currency to be issued a license for an MP3 file, while simultaneously paying out the artist.

Startups 78

Startups Currencies Technology Planning 78

PYMNTS

AUGUST 10, 2017

FinTech startup Populous has officially launched. The FinTech startup developed its own virtual currency tokens, Pokens, pegged with fiat currencies. With the smart contract, we have created our own tokens, our own currency in a sense, which the contracts accept,” Williams explained to the publication.

Startups 49

Startups Invoicing Currencies Finance 49

PYMNTS

FEBRUARY 13, 2020

Vertical payments startup Flywire has acquired healthcare technology startup Simplee , while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. The market opportunity for Flywire is roughly 70 percent of all U.S. eCommerce spend, the release indicated.

Healthcare 52

Healthcare Startups Education Currencies 52

PYMNTS

FEBRUARY 28, 2018

The whole point of startups is to do things differently than mainstream players, and that is exactly what these companies are doing with automation, interoperability and digital currency initiatives. Why are one startup’s customers calm in the face of Visa’s upcoming new chargeback rules? Chargehound. Jewel Paymentech.

Startups 40

Startups Currencies Accounts Payable Invoicing 40

PYMNTS

MAY 26, 2020

London-based global payment provider Checkout.com has purchased Pin Payments, an Australian startup, the companies announced Tuesday (May 26). The group was founded by Facebook to launch the social media company’s entry into digital currency. Terms of the deal were not disclosed.

Startups 52

Startups eCommerce Currencies Technology 52

PYMNTS

FEBRUARY 5, 2020

Clear , a startup that wants to build blockchain for huge-volume transaction systems like telecommunications companies, has announced a $13 million Series A funding round, according to reports. If bitcoin is going to reach its potential as a viable global currency, it’s going to need to scale beyond the base layer,” Murray said. “If

Startups 57

Startups Currencies Banking 57

PYMNTS

SEPTEMBER 25, 2018

When it comes to using loyalty points as a currency, some might underestimate the difficulty of such an application: “People kind of shrug,” Modo CEO Bruce Parker told PYMNTS.com in an interview. They think that “deploying loyalty points and redeeming them for stuff seems like something that should be pretty easy.”

Currencies 58

Currencies Construction Accounting Planning 58

PYMNTS

MARCH 29, 2018

Being a startup means constant chaos. All my startup friends have been telling me to expect this,” said Bruce Parker, founder and CEO of ModoPayments. ModoPayments isn’t the only startup riding that storm before the calm. Here’s what’s been going on in the world of startups in the month of March. ModoPayments.

Startups 43

Startups Currencies Communication Sales 43

CFO Talks

AUGUST 29, 2024

For instance, a tech startup might avoid debt initially, relying on investor funds instead. For example, if your company exports goods, the value of foreign currencies can impact your profits. Practical Tip: Put a risk management plan in place that covers things like currency and interest rate risks.

Treasury 93

Treasury Cash Flow Forecasting Foreign Exchange Currencies 93

PYMNTS

FEBRUARY 11, 2019

Ripple reportedly offered bonuses via its digital currency during its recruiting process, according to CoinDesk. In other news, tech companies are hiring employees from blockchain startups amid declines in the crypto market, CNBC reported. As it stands, the company is reportedly seeking over 12 technical experts and engineers.

Startups 55

Startups Currencies Securities Marketing 55

PYMNTS

APRIL 5, 2019

However, users will need to use a UBP bank account — and show a government-issued ID — to exchange funds to and from the virtual currency. A new startup from the co-founder of Simple Bank has launched an open beta. For now, only bitcoin is being offered.

Startups 53

Startups Investments Currencies Banking 53

PYMNTS

JUNE 25, 2020

The New York State Department of Financial Services (DFS), which supervises 1,500 banks and financial institutions and more than 1,400 insurance companies, has proposed a conditional licensing framework that promises to make it easier for cryptocurrency startups. Once licensed by DFS, the program can support virtual currency firms.

Currencies 96

Currencies Startups Planning Banking 96

PYMNTS

DECEMBER 9, 2020

Cryptocurrency platform startup Circle has overhauled its network to advance mainstream trading, while its stablecoin USDC has surpassed three billion in circulation, growing by nearly 500 percent in 2020. “At

Currencies 103

Currencies Treasury B2B Compliance 103

CFO Share

DECEMBER 9, 2023

From startups to established enterprises, understanding the dynamics of financial forecasts is fundamental to effective business planning. For businesses operating in the global market, currency risk can significantly impact costs and revenues. Consider a startup poised for growth, looking to strategically increase its workforce.

Forecasting 52

Forecasting Planning Currencies Startups 52

Global Finance

JUNE 4, 2024

The latest such episode started in 2019 with the ongoing debt crisis, followed by a currency collapse and, in 2022, the fall of the scandal-ridden government of Rajapaksa. International events like Startup Weekend by Techstars, Seedstars and AngelHack, have touched down in Sri Lanka, encouraging a bloom of startups.

Economics 105

Economics Currencies Restructuring Manufacturing 105

PYMNTS

OCTOBER 1, 2019

Amsterdam FinTech startup bunq is expanding into 22 additional countries after successful launches in Austria, Germany, Italy, Spain, France, Ireland and Belgium, TechCrunch reported on Tuesday (Oct. The bunq Travel Card is a Mastercard without any foreign exchange fee, and bunq offers a true exchange rate on purchases in foreign currencies.

Startups 46

Startups Foreign Exchange Currencies Banking 46

PYMNTS

JANUARY 19, 2021

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. startup SETL provided, of around 2 million euros (about $2.4 A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K.

Currencies 130

Currencies Startups Banking Marketing 130

PYMNTS

MAY 23, 2019

There is some very big news for early investors in Block.one : The cryptocurrency startup will return as much as 6,567 percent in less than three years. The ruling is in response to a case centered on blockchain startup founder Noam Copel and the Israel Tax Authority. That is $6.6 million for a $100,000 stake.

Startups 53

Startups Currencies Securities Sales 53

PYMNTS

JANUARY 31, 2018

January is a month of New Year’s resolutions for the masses, and it was no different for these startups, many of which have launched or announced new ventures and expansions in the new year. This is the second device to feature the startup duo’s Garmin Pay platform. The startups aim to launch the platform by mid-2018.

Startups 46

Startups Currencies Auditing Banking 46

PYMNTS

MAY 9, 2019

African FinTech payment startup Chipper Cash has attracted some high-profile investors and raised $2.4 The company went live in October of 2018, and it’s a no-fee, P2P cross-border startup. 500 Startups’ investment was led by Sheel Mohnot, who compared the company to PayPal in its early stages.

Startups 46

Startups Leadership Currencies Investments 46

PYMNTS

SEPTEMBER 24, 2019

San Mateo accounts payable automation startup Tipalti won $76 million in a funding round led by Zeev Ventures. Tipalti also services other big-name tech startups, including Uber, Roku, GoDaddy and Foursquare. The startup targets mid-market firms. full-time accounts payable employees. .

Accounts Payable 49

Accounts Payable Startups Accounting Invoicing 49

PYMNTS

JUNE 2, 2020

Plutus , a British FinTech startup, is providing rewards via its credit card to customers who buy from the eCommerce store of Nike , Cointelegraph reported. The rewards are made with Pluton, the native digital currency of the company. Users can receive additional rewards by staking their digital tokens through the company’s app.

Currencies 113

Currencies eCommerce Startups Economics 113

PYMNTS

SEPTEMBER 28, 2016

Earlier this week, blockchain arrived on Capitol Hill by way of the formation of the Congressional Blockchain Caucus focused on examining and educating lawmakers on the payments technology and issues associated with the digital currency. Blockchain database startup BigchainDB just landed a sweet $3.37 Jared Polis (D-CO) and Rep.

Startups 74

Startups Currencies Education Banking 74

PYMNTS

JANUARY 19, 2018

The government] is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law,” a representative noted. Separately, Bank of Korea Governor Lee Ju-yeol told a news conference that “cryptocurrency is not a legal currency and is not being used as such as of now.”.

Startups 49

Startups Currencies Banking Accounting 49

PYMNTS

AUGUST 19, 2016

Russia’s love-hate relationship with digital currency continues. Now, Russia has overcome its fears and has opened the first digital currency exchange. The new exchange will provide 24/7 currency exchange services and, according to News BTC , the Russian exchange is an actual office. Try Synthetic Currency.

Currencies 44

Currencies eCommerce Technology Startups 44

PYMNTS

MAY 29, 2020

On another note, authentication startup Magic notched $4 million in funding from investors such as Lightspeed Venture Partners and Naval Ravikant, Coindesk reported. The startup already reportedly works with decentralized exchanges such as RadarRelay and Uniswap.

Startups 52

Startups Currencies Securities Marketing 52

CFO News Room

NOVEMBER 19, 2022

Srinivasan has co-founded three startups that were acquired. To those who have been in the startup societies’ space for decades, the dynamics of exit and voice are nothing new. Balaji Srinivasan has become startup societies’ most outspoken champion, a rogue intellectual spreading the gospel of competitive governance. Creativity.

Startups 130

Startups Currencies Technology Communication 130

PYMNTS

MARCH 23, 2016

For the second time this week, a blockchain startup has secured funding from venture capitalists. The startup had already launched a venture to facilitate microfinancing in partnership with the World Bank across Latin America. The tidal wave of startups developing smart contract solutions based on RSK will bring countless miracles.”.

Startups 40

Startups Banking Currencies Compliance 40

PYMNTS

DECEMBER 15, 2019

Meanwhile, Bottle Pay, the bitcoin payments startup, closed down, noting the AMLD5 European Union regulation that is taking effect early in January, Coindesk reported. And Crypto.com is making EOS more useful by integrating the digital currency into multiple flagship offerings, Cointelegraph reported.

Startups 53

Startups Construction Currencies Finance 53

PYMNTS

DECEMBER 20, 2019

The new feature is called “Curve Send,” and it will allow for a person to send from any linked bank account to other people in over 25 different currencies. The company uses Visa and Mastercard APIs to handle the transfers, and it acts as an intermediary between the two parties.

Startups 52

Startups Currencies Banking Accounting 52

PYMNTS

JUNE 10, 2016

As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. And while that is bad news for a startup like Uber, as it turns out, instinctive fear of the regulator is not an endemic condition among startups.

Startups 41

Startups Currencies Banking Leverage 41