FinTech

Visa is buying Currencycloud in a deal valuing the British payments start-up at £700 million.

Venture investors appear unfazed by declining cryptocurrency prices.

The finance industry must remain vigilant about fraud in the unregulated crypto market, Starling CEO Anne Boden said.

Starling is “very much on track” to post its first full year of profitability in 2022, CEO Anne Boden said.

Shares of OppFi rose in its market debut Wednesday after the company completed its SPAC merger.

Revolut launched a new feature Tuesday called Stays, which lets users book hotels and other accommodation through its app.

Based on the middle of Robinhood’s expected IPO price range provided on Monday, co-founders Vlad Tenev and Baiju Bhatt each own stakes worth about $2.6 billion.

Robinhood said in a new SEC filing that it will attempt to sell its share at a range of $38 to $42 per share.

Square wants to make it easier to build “decentralized financial services” using bitcoin.

Tennis superstar Serena Williams has invested an undisclosed amount in Esusu, a start-up with a mission to boost credit scores of underserved populations.

As Wall Street analysts weigh in on Square, Mastercard and Visa, JC O’Hara of MKM Partners and Michael Binger of Gradient Investments name their favorite plays.

Paytm will issue new shares worth 83 billion rupees ($1.1 billion) and an offer for sale worth another 83 billion rupees by existing shareholders.

The People’s Bank of China has been working on developing a digital version of the yuan, known as e-CNY, since 2014.

Cambridge University research shows China accounted for less than half of the power used to mine bitcoin in April, down sharply from 75.5% in September 2019.

British fintech firm Revolut said it has raised $800 million in a new funding round led by SoftBank and Tiger Global.

Bitcoin closed out the first half of the year down almost 47% from its all-time high. And a number of looming risks could result in further pain ahead.

The People’s Bank of China has been leading the way on central bank digital currencies, or CBDCs, with real-world trials already live in several cities.

SoFi warns its crypto customers to be wary of the volatile digital currency before buying, CEO Anthony Noto told CNBC on Thursday.

Payments and digital currency firm Circle plans to go public later this year through a SPAC.

The U.K.’s Financial Conduct Authority recently moved to block Binance, the world’s top crypto exchange, from operating in the country.