F|T: The FinTech Times – “Definitely not a fraud”

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.

Overbond enters US market with New York office, platform expansion(BETAKIT)

The platform is open to all US corporate issuers and institutional investors.

FinTech startup Glint de-cloaks to offer a multi-currency account and card that supports spending gold(TECHCRUNCH)

Glint’s multi-currency account, app, and card let you store your money in gold and convert it back to fiat currency at the point of payment.

PayPal partners with Acorns to help you invest your money(VENTUREBEAT)

PayPal users will now be able to fund, manage, and monitor their Acorns investments directly through the PayPal app.

Canadian Payments Innovation Forum says collaboration continues to drive FinTech innovation

“A lot of payment strategies are coming out of these partnerships.”

MoneyGram starts using Interac e-Transfer Bulk Disbursement(FINEXTRA)

Interac e-Transfer Bulk Disbursement allows MoneyGram to deliver money to its Canadian recipients in real time, with instant pickup and real-time funds availability, while also providing the protection of Interac’s fraud detection and security features.

Revolut now has a million customers for its banking alternative (TECHCRUNCH)

The company says that customers have saved $160 million in foreign exchange fees compared to a traditional bank account.

Nuco receives funding from Ontario to improve digital identity verification

Nuco is working on a project as part of the provincial government’s Small Business Innovation Challenge.

Australia inks another FinTech agreement with the United Arab Emirates(ZDNET)

The finance regulators from both countries have inked a cooperation agreement that will allow entry for FinTech startups in the other’s jurisdiction.

WeChat Pay comes to Hong Kong’s transit network(FINEXTRA)

Travellers will be able to use the WeChat Pay Hong Kong and Weixin Pay wallets to buy tickets for journeys at two stations from next month.

Bitcoin ‘definitely not a fraud’: FinTech startup Revolut CEO(CCN)

Revolut CEO Nikolay Storonsky said despite the protests of JPMorgan head Jamie Dimon, bitcoin is “definitely not a fraud.” Like many cryptocurrency advocates, he drew parallels between the markets for bitcoin and gold.


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.

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