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Hut 8 Mining Corp., a cryptocurrency mining and blockchain infrastructure company, has announced it will begin trading on the Toronto Stock Exchange.
Will cryptocurrencies rule the future? How can digital technology bring modern banking amenities to remote communities? How will we balance the drive for financial innovation against concerns over privacy?
Khatabook raises $25M to help small businesses in India record financial transactions digitally and accept online payments(TECHCRUNCH)
Khatabook, a Bangalore-based startup, said on Tuesday it has raised $25 million in a new financing round.
The startup plans to use the funds for R&D and expanding its product suite. The company is also looking to hire across its engineering, data science, and product management segments.
The Chamber of Digital Commerce Canada has released a new report on the country’s blockchain ecosystem, looking at the strengths and challenges within Canada.
Canada’s financial strength — stability — is also its weakness as a launching pad for disruptive tech.
FinTech startup Bnext has raised a $25 million funding round. The Spanish company is building a banking product and has managed to attract 300,000 active users.
Canadian businesses are expected to spend over $800 million on blockchain solutions by 2023, according to a report from the International Data Corporation.
PayPal Holdings Inc. is withdrawing from the group of companies Facebook Inc. assembled to launch a global cryptocurrency-based payments network, dealing a blow to the social-media giant’s ambitions to transform financial services.
Buzzy startup Brex announced Brex Cash, a bank account for startups(BUSINESSINSIDER)
Brex, the $2.6 billion credit card company for startups, explains why it’s getting closer to traditional finance with its new Brex Cash bank account product.
With an investment from Norwest, Dave hits unicorn valuation. The company still needs to prove it can move PFM users to become banking customers.
Affirm, founded by PayPal’s Max Levchin, is said to be raising as much as $1.5 billion in a combination of debt and equity, according to people with knowledge of the company’s fundraising activities.