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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.
Trust and identity in a digital world(NEWSROOM)
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 nabs $4 mln seed(PEHUB)
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.