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Following Bunz’s reduction of merchants that can accept its BTZ currency, Bunz Facebook groups have defected from the Bunz brand, rebranding to Palz.
Our lives are increasingly digital, and authenticating ourselves online — in other words, proving that we are who we say we are — has become a daily activity.
Bux, the Amsterdam-based FinTech that wants to make investing more accessible, is launching its fee-free trading app.
The company claims it’s been growing 100% month-on-month with 1.7 Mn merchants on board.
The new platform, called Assante Connect, will be built with WealthBar’s robo-advisor technology to pair portfolio managers with digital advice services.
Uber told drivers this week that it’s building a new financial product and asked them about loans. Critics are concerned it could be a payday loan system that’s predatory.
Nigerian FinTech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding.
The funding will be used to support the development of the company’s new blockchain, called Flow.
According to a statement, the FinTech startup will leverage Cheetah Mobile’s global user traffic and data platform to develop a comprehensive risk management system.
Middesk, a provider of background checks for businesses, has secured $4 million in seed funding, according to a Medium blog post. Accel Partners led the round with participation from Sequoia Capital and Y Combinator.
QuadrigaCX’s bankruptcy proceedings are being moved out of Halifax, after a Nova Scotia Supreme Court judge approved Ernst & Young’s (EY) request to move the case to Toronto.
Another consumer finance business is lining up investors for its largest cash infusion yet.
Crypto wallet and data provider Blockchain is raising a VC fund to invest in industry startups and cryptocurrencies, Yahoo Finance says.