F|T: The FinTech Times – War chests

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BROUGHT TO YOU BY SAGE INTACCT:


Kin launches ad network to help generate demand for its cryptocurrency (BETAKIT)

Digital cryptocurrency ecosystem Kin has launched an independent ad network that allows consumers to earn Kin in exchange for viewing ads.


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[Live webcast] Growing a SaaS Company in a Shifting Landscape

The decisions a Finance Leader at a SaaS company must make haven’t changed, but how they decide and with what resources has become more complex. Tracking cash, churn, and DSO is critical to understanding your runway today. Then, forecasting how to bounce back and where to invest is the next of many growth opportunities to consider.

Join Bruce Croxon, partner at Round13 Capital and co-host of BNN’s, The Disruptors, and Matt Hodgson, CFO at Vidyard, as they address the challenges and opportunities of a shifting landscape in the SaaS industry.


FinTech startups amass war chests for the economic downturn (TECHCRUNCH)

This is not the time to raise fees, slow down on product development or plans to acquire new users.


LoanSnap: FinTech startup raises from VC investors and The Chainsmokers (BUSINESS INSIDER)

US FinTech LoanSnap just raised $10 million from VCs and Grammy-winning DJs The Chainsmokers.


Swiss crypto finance startup Bitcoin Suisse raises nearly €20 million from ‘friends & family’ in ongoing Series A (TECH.EU)

Led by Swiss banker Roger Studer and the Studer family office, the round will remain open until mid-June 2020, accepting contributions from “qualified, accredited, and professional investors” at a CHF 250,000 (€237,500) minimum.


Moves expedites launch to provide loans to gig economy workers during pandemic (BETAKIT)

FinTech startup Moves has expedited its planned launch in the Fall in order to offer loans to gig economy workers during the COVID-19 pandemic.


How the post-Covid-19 reality will change banks and FinTech (FINEXTRA)

Changes are already taking place, and it would be foolish to ignore the obvious – because now it is imperative to understand which way the wind is blowing to be able to adapt to circumstances quickly.


Visa patent filing would allow central banks to mint digital fiat currencies using blockchain (COINDESK)

Visa looks to be laying the groundwork for a future in which fiat currencies such as the U.S. dollar could be easily turned into a central bank digital currency (CBDC).


Reddit’s blockchain rewards will migrate to ethereum by 2021 (COIN TELEGRAPH)

Reddit continues to provide more details about its blockchain community points system, which will run on the Rinkeby testnet before moving to the Ethereum network.


Government expands BCAP, announces COVID-19 support for Canada’s largest employers (BETAKIT)

The federal government announced Monday it will provide new emergency financing to large and medium-sized businesses during the COVID-19 pandemic.


FalconX raises $17M to power its crypto trading service (TECHCRUNCH)

The companies working in the crypto space are growing up as well, building out better, more sophisticated tooling for retail and institutional investors alike.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.