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Kik and the SEC have proposed a joint settlement in the matter of Kik’s 2017 initial coin offering. A court has since approved the settlement.
PayPal Holdings Inc said it will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its network.
Banks might be forced to charge millions of people to keep their bank accounts open. For FinTechs fighting to break even, it could be fatal.
The listing could be the world’s largest initial public offering, surpassing the record set by Saudi Aramco’s $29.4 billion float last December.
New finance players have a chance to be more inclusive — if they don’t fall into the patterns of their predecessors, says one online banking executive.
As FinTech companies mature, many no longer aspire to be the best at one thing.
Wayne Cuervo, General Manager of Cisco’s Toronto Innovation Labs, offers three pillars that startups need to build resilient businesses.
Chinese FinTech company Lufax seeks up to $2.4 billion in U.S. IPO (WALL STREET JOURNAL)
Lufax Holding Ltd., a smaller rival to Chinese financial-technology giant Ant Group Co., is seeking to raise as much as $2.4 billion from an initial public offering in the U.S.
UK FinTech Mode jumps 9% on joining the Bitcoin bonanza, following the lead of US tech firms Square and Microstrategy (BUSINESS INSIDER)
London-listed FinTech Mode jumped 9% after announcing it would hold cash reserves in Bitcoin, following recent investments made by US tech firms Square and Microstrategy into the digital currency.
Zest AI, which is developing software that it claims will help wring the bias out of lending, just got a multimillion-dollar vote of confidence.