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

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

FEBRUARY 20, 2020

Decentraland , a startup founded in the heart of the cryptocurrency boom, has emerged as a somewhat unexpected financial success for participants. The startup is a virtual reality world where people have already spent their real money to purchase virtual plots of land and other property.

Currencies 73

Currencies Startups Investments Planning 73

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 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

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

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

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

Global Finance

MARCH 6, 2025

Vital Statistics Location: Northeastern Europe Neighbors: Estonia, Russia, Belarus, Lithuania Capital city: Riga Population (2024): 1.9 million Official languages: Latvian (56.3%), Russian (33.8%), other 0.6% GDP per capita (2024): $22,200 GDP growth (2024): 1.2% Inflation (2024): 1.4%

Transportation 82

Transportation Economics Budgeting Investments 82

PYMNTS

OCTOBER 18, 2018

According to Reuters last month, “only a handful” of the 250 banks in Switzerland are able to provide deposit services to the estimated 530 blockchain startups based in Switzerland’s Crypto Valley. At the same time, some traditional FIs are exploring how to work with cryptocurrencies in addition to fiat currency.

Banking 85

Banking Planning Currencies Startups 85

PYMNTS

MARCH 12, 2020

The Belarus-based tech startup Giveaway has launched a marketplace platform to help people match up their unwanted stuff with others who are excited to get it, as reported on Thursday (March 12). Backed by seed funder Y Combinator , Giveaway uses virtual currency – dubbed “Karma coins” – to incentivize people to list their items for free.

Startups 52

Startups Currencies Finance 52

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

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

AUGUST 14, 2020

Coinbase, the digital currency exchange, will offer bitcoin-backed cash loans to select customers as early as next month, the San Francisco-based company announced on its blog this week. Customers in 17 states have been invited to join the waitlist to borrow up to 30 percent of their bitcoin holdings.

Currencies 107

Currencies Startups Economics Accounting 107

PYMNTS

AUGUST 14, 2020

The fund intends to invest in roughly 45 startups during the three years to come, and it will be geared toward seed investing. It made early wagers on firms such as digital lending company Blend, digital currency exchange Coinbase and grocery delivery firm Instacart, among others. The firm’s shoes are meant to be simple in style.

Startups 102

Startups Investments Currencies Retail 102

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Office of the Comptroller of the Currency for its application for a national bank charter.

Startups 107

Startups Cash Management Finance Currencies 107

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

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

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

SEPTEMBER 21, 2018

The SBA issued guidelines to Swiss banks in an effort to support those innovators’ access to bank accounts, reports said, noting that financial institutions (FIs) have been reluctant to provide banking services to these startups for fear of anti-money laundering (AML) non-compliance.

Accounting 74

Accounting Banking Startups Currencies 74

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. In a paper that debuted Tuesday (Nov.

Currencies 92

Currencies Banking Economics Compliance 92

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

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

PYMNTS

OCTOBER 3, 2018

Crypto research site Diar claims that startups in the digital currency and blockchain space have notched roughly $3.9 Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money. billion in funding via venture capital (VC) investments, CoinDesk reported.

Currencies 78

Currencies Leadership Startups Investments 78

PYMNTS

FEBRUARY 7, 2020

It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. blockchain startup Envoy will be used to bolster its supply chain and trade finance platform, the company told PYMNTS in an emailed announcement.

B2B 98

B2B Startups Manufacturing Currencies 98

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

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

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

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 17, 2020

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a 100 percent digital bank) that will target Europe and China simultaneously, the company announced in a recent blog post. The digital wallet also supports Visa, WeChat Pay, Alipay and UnionPay.

Startups 70

Startups Currencies Banking eCommerce 70

PYMNTS

SEPTEMBER 1, 2020

In other news, the rollout of China's Central Bank Digital Currency (CDBC) might not only include digital wallets — it could also come with hardware wallets, too, CoinDesk reported. And, Coinbase is developing a token crowdfunding program for crypto startups looking to get into the business, according to CoinDesk.

Foreign Exchange 82

Foreign Exchange Construction Currencies Startups 82

PYMNTS

MARCH 22, 2019

Singapore-based FinTech startup InstaReM , which enables banks and consumers to send money across borders , announced a partnership with First Data to assist businesses that issue corporate credit cards. Ripple participated as well, and has partnered with InstaReM to enable the startup to send payments around the world. million.

Currencies 83

Currencies Startups Securities Banking 83

PYMNTS

NOVEMBER 12, 2018

According to Coindesk , Manuel Quevedo, the country’s minister of petroleum and the president of state-owned oil company PDVSA, revealed that Venezuela will take petro to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, as the “main digital currency backed by oil.”.

Marketing 71

Marketing Currencies Startups Education 71

CFO News Room

FEBRUARY 5, 2022

The rebound in equity markets, however, failed to push the rupee up as the local currency lost 18 paise against the greenback to close at 74.80. The focus on boosting manufacturing as well as an underlined emphasis on areas such as startups, modern mobility and clean energy, shows the FM has prioritised long-term growth.”.

Budgeting 130

Budgeting Marketing Benchmarking Manufacturing 130

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

OCTOBER 26, 2018

CEO Al Kelly said there has to be a market where cryptocurrency becomes “somewhat like a fiat currency in order for us to be comfortable.”. The startups let owners of apartment buildings control short-term rentals. Expedia Takes o n Airbnb With ApartmentJet, Pillow Acquisitions. State Bank Regs File Suit t o Block OCC’s Bank Charter.

Currencies 75

Currencies Startups Banking Planning 75

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