Tag: Fintech
The Cash app’s parent company is now running its own bank
Jack Dorsey, the CEO of both Twitter and Square, tweeted today that the "Bank now open." What he's referring to is that now, about a year after receiving FDIC approval, Square Financial Services has begun operations. Operating as a subs… Source
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ErudiFi raises $5 million Series A to give students in Southeast Asia more education financing options
Based in Singapore, ErudiFi wants to help more students in Southeast Asia stay in school by giving them affordable financing options. The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational…
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Fintech companies must balance the pursuit of profit against ethical data usage
Richard Steggall Contributor Australia native Richard Steggall is the CEO of Urban FT, a New York-based fintech company. He has more than two decades of experience in fintech, capital growth, mergers & acquisitions and strategic IPO advisory. Financial institutions are falling behind the tech curve in delivering on the convenience…
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Opera’s new online shopping cashback service is built directly into its browser
Opera is turning to e-commerce to help it stand out from rival web browsers with the launch of a cashback service. Starting today, Opera is testing a smart shopping mode in its desktop browser that lets users claim money back when purchasing items fr… Source
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Bitcoin briefly breaks the $50,000 barrier as Coinbase’s direct listing looms
The hodl-crew are having quite the moment as bitcoin passed the $50,000 mark earlier today for the first time. Data pegs the peak at just over $50,500. The price of bitcoin, the world’s best-known cryptocurrency, has historically proven a reasonable proxy for consumer interest in the cryptocurrency space, and for…
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Multiplayer fintech, and the muddled world of startup data
There’s always a fintech angle, even on Valentine’s Day. This week, I covered Zeta, a new startup working on joint finances for modern couples. It aims to take away the money chores of a relationship, from splitting the bill at dinner to requesting rent through a payment app every month.…
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