F|T: The FinTech Times – Cambridge Analytica’s cryptocurrency plans

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

Samsung Pay now supports RBC cards

Samsung Pay is also compatible with CIBC, ATB Financial, and Scotiabank debit and credit cards.


nyt

Inside Cambridge Analytica’s virtual currency plans

The goal of Cambridge Analytica’s own coin offering? Raise money that would pay for the creation of a system to help people store and sell their online personal data to advertisers.


techcrunch

Stripe debuts Radar anti-fraud AI tools for big businesses, says it has halted $4B in fraud to date

The Radar service that runs alongside Stripe’s core payments API helps identify and block fraudulent transactions.


finsmes

Qapital secures $30M in financing

Qapital, a Stockholm, Sweden-based provider of a mobile banking app designed around people’s goals, raised the funding from Swedbank Robur, with participation from Northzone.


bk

Instant Financial raises $14.3 million CAD Series A to help shift workers get paid faster

The round was led by Atlanta, Georgia-based FinTech VC firm TTV Capital.


techcrunch

Square acquires corporate catering startup Zesty

Square, a credit card processing company, acquired Zesty to further enhance its food ordering offerings to larger ticket size corporate customers.


techcrunch

Blockchain will speed up overseas shipping

The World Economic Forum states that improving communications and border administration using blockchain, which verifies transactions autonomously, could generate an additional $1 trillion (US) in global trade.


bk

Mogo receives approval to list on the NASDAQ

The company first began trading on the Toronto Stock Exchange after raising $50 million in an IPO in 2015.


techcrunch

New York launches a fact-finding inquiry into Coinbase, Binance and other exchanges

As cryptocurrencies continued shaking off their April hangover, the state of New York is trying to figure out what to do with this whole coin thing.


finsmes

Goldman Sachs bank USA acquires Clarity Money

Clarity Money provides a free-to-use app that allows consumers to manage their personal finances by leveraging machine learning and design to get actionable insights.


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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.