F|T: The FinTech Times – PayPal’s $2.2 billion iZettle acquisition

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

Wave announces payment integration with Microsoft

Invoices sent by small businesses using Wave can now be paid right when they’re received in Outlook.


pymnts.com

Coinstar customers can now add cash to their Amazon balance

“Coinstar is proud to enable Amazon Cash at Coinstar kiosks for cash-preferring customers, who can now enjoy the same benefits of shopping online as any other customer.”


techcrunch

PayPal confirms that it is buying payments startup iZettle for $2.2B in an all-cash deal

The deal, which is expected to close in Q3 2018, will see iZettle’s co-founder and CEO Jacob de Geer stay on to lead iZettle.


betakit

TransferWise launching borderless debit card in Canada

Customers’ money will be held in segregated accounts at banks insured by the Canada Deposit Insurance Corp.


techcrunch

BRD crowdraises $32 million to build financial services into a mobile crypto wallet

The BRD team has also partnered with Changelly to help transfer more tokens than Bitcoin and Ethereum – including their own BRD token.


cnbc

Goldman Sachs-backed startup Circle introducing a crypto version of the US dollar

Circle’s new USD Coin is meant to solve a key problem in digital currencies’ use case: volatility.


bk

Project Jasper Phase III shows blockchain is feasible for securities settlements

Project Jasper is a collaboration between Payments Canada, the Bank of Canada, TMX Group, and Accenture.


techcrunch

Vota turns your credit card transactions into recommendations, helps you spot fraud

The Vota app lets you connect your bank cards from Chase, Capital One, Wells Fargo, US Bank, Citi, and other Visa cards, to get an easy-to-read feed of what and where you’re spending — information you can opt to share with individual friends or family members.


dealstreetasia

Malaysian FinTech startup Jirnexu raises $11M in Series B

Jirnexu has raised the funding from US-based SIG Asia Investments.


yourstory

Neo-banking startup OPEN raises pre-Series A funding, looks to diversify into lending and wealth management

The funding was led by Unicorn India Ventures and Recruit Co. Ltd.


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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.