F|T: The FinTech Times – Beyond the bitcoin bubble

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.


BetaKit

RateHub raises $12 million Series A to build end-to-end mortgage platform

The company plans to launch a new suite of tools allowing Canadians to compare home, auto, and life insurance policies.


NYT

Beyond the bitcoin bubble

Yes, it’s driven by greed — but the mania for cryptocurrency could wind up building something much more important than wealth.


techcrunch

Revolut launches geolocation-powered travel insurance

Revolut’s Pay-per-Day travel insurance uses the company’s geolocation technology to pinpoint a customer’s location, and will automatically activate the coverage when it is required and switch it off when they return home.


BetaKit

Vancouver-based InvestX fund now accepting cryptocurrency

Investors choosing to invest with cryptocurrency can have funds can transferred directly from their wallet to the InvestX wallet.


finextra

AI FinTech startup Trend Lab secures $12.7 million angel funding

Trend Lab develops AI solutions for the FinTech market in the Asia Pacific region.


CNBC

Ripple is sitting on close to $80 billion and could cash out hundreds of millions per month — but it isn’t

Ripple develops software that banks use for fast global financial settlements. But almost all of its current value comes from being the creator and majority holder of XRP, a digital currency that was obscure a year ago, but now has a total market value of about $130 billion.


techcrunch

Coinbase acqui-hires Memo.AI technical team management tool

For Coinbase, the acquisition comes at a time where the team is rapidly scaling its engineering efforts to account for the sudden boom in cryptocurrency investments.


Quartz

Yahoo Finance has a plan to become the Uber of saving money

Yahoo Finance has launched Tanda, an app that uses the concept of a “money pool” to allow small groups of either five or nine people to save money together for short-term goals.


betakit

Globalive Technology Partners and Nuuvera using blockchain to ensure safety in cannabis products

Nuuvera wants to use blockchain to validate the integrity and grade of cannabis products.


CNBC

French cryptocurrency wallet maker Ledger raises $75 million

Ledger, which makes hardware wallets for cryptocurrencies, raised the Series B round from European venture capital firm Draper Esprit.


techcrunch

Curve, the FinTech that connects all your cards to a single card and app, gets full consumer launch

CEO Shachar Bialick described the consumer launch as a major milestone for the company, noting that 50,000 people have signed up to its waitlist, in addition to the 100,000 or so users who joined Curve in its beta phase.


PYMNTS.com

Varo Money raises $45M on quest to become a bank

Varo Money, which offers a debit card and loans through its app and uses machine learning to predict income and bills, raised the funds from Warburg Pincus and The Rise Fund.


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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.