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Coincapital opened the Toronto Stock Exchange this morning to launch the ETFs, which include the Coincapital STOXX Blockchain Patents Innovation Index Fund and the Coincapital STOXX B.R.AI.N. Index Fund (THNK).
Zafin Recommends: ‘The clock is ticking for banks’: Morgan Stanley warns banks need to up their game before they get disrupted (BUSINESS INSIDER)
With FinTech companies raising $58 billion globally in the first half of 2018, banks are feeling more pressure than ever to spend on their own technology. This is compounded by the fact that FinTech companies don’t suffer from legacy IT systems and can provide banking services 50% cheaper than big banks.
Cleo, the ‘digital assistant’ that replaces your banking apps, picks up $10M Series A led by Balderto (TECH CRUNCH)
The funding will be used to continue scaling the company, with further international expansion to Western Europe, the Americas, and Australasia.
Stripe built a payments powerhouse by focusing on e-commerce. Now it’s following its customers into bricks and mortar. (VOX)
The San Francisco-based company is introducing a new service for in-person payments.
The round was led by FINTOP Capital, with participation from BDC Capital’s Women in Technology Fund.
Proparco, Finnfund, Vostok Emerging Finance, Gemcorp Capital, and LeapFrog Investments also participated in the round.
The goal of the program is to help launch over 20 promising companies that leverage blockchain by 2019.
PayPal’s one-touch, localised payment options go global (TECH CRUNCH)
The offering now includes the range of PayPal’s own services — PayPal, Venmo (US only), PayPal Credit (UK and US only subject to approval) — plus iDEAL for customers in the Netherlands, Bancontact for people in Belgium, MyBank for customers in Italy, Giropay for customers in Germany, and EPS for customers in Austria.
Is the idea of investing enough to make you want to take a nap? You’re not alone. Fortunately, there’s a Toronto-based firm that’s changing the way young people think about money.
With the new API, insurance companies can connect to the Dream Payments Hub and the Mastercard Send platform to pay claims digitally.
Meet the women who are making sure blockchain is inclusive (FAST COMPANY)
When you have a technology that’s only 10 years old, women and underrepresented minorities have the chance to change this corner of the tech industry.