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The app links directly to a user’s bank account where they can trade Ethereum, Bitcoin, and Litecoin.
Liberis raises £57.5M to offer finance for small businesses paid back via customer card transactions (TECHCRUNCH)
The majority of the new capital being raised by Liberis is debt to enable the company to issue more loans.
New ways to bank could do away with the ‘antiquated’ trip to the branch.
Symphony, a financial communication platform, plans to use the funding to expand into new market segments including insurance, legal, healthcare services, and government.
Toronto-based Bunz launched BTZ, which it calls a cryptocurrency. The announcement has been met with scrutiny.
Bank of America has rolled out a digital mortgage service, enabling customers to apply for mortgages online or via the bank’s mobile app, often getting conditional approval on the same day.
ATB Financial is investing $940,000 over the next four years to partner with the University of Alberta.
Bitpay raises $40 million in Series B round (COINDESK)
Bitpay, which processes bitcoin and bitcoin cash payments for merchants, raised the funding from Menlo Ventures and Aquilline Technology Growth.
SoftBank’s massive Vision Fund said in 2017 that its minimum cheque size is $100 million. But in the financial technology market, the number appears to be twice as big.
Through its partnership with Green Dot, Stash is rolling out a set of mobile-first banking services including bank accounts with debit cards, no overdraft fees, access to a network of free ATMs across the US, as well as financial guidance on spending, saving, investing, and planning for retirement.
Report: Canadians skeptical about cloud security when it comes to medical, financial information (BETAKIT)
59 percent of Canadians are wary of storing financial information in the cloud.
The move will open global marketplaces to Kenyan entrepreneurs and businesses, effectively allowing M-Pesa’s 22.7 million subscribers to transact online, on mobile, in an app, or in person with PayPal’s 227 million users.