Bank Jago, an Indonesian technology-based bank, and GoPay, a digital wallet and payment solutions platform, have announced a new service integration. Using the Gojek application,
Category: Business
Small businesses can overcome back-office disconnects with digital payments
As business payments become more digital, maintaining back-office structures becomes more critical. According to statistics, 82% of small businesses fail because of cash flow problems.
A bank-backed cryptocurrency will be tested by Japanese firms in 2022
A significant step has been taken by Japan toward developing a digital currency. 70 Japanese companies plan to launch a yen-based cryptocurrency in 2022. A
Introducing Bitfinex’s high-speed trading – The Cryptonomist
In order to enable high-speed trading, Bitfinex has launched a FIX (Financial Information eXchange) gateway. The FIX protocol is widely used by institutional clients and
Russians transact $5B in crypto every year, according to the Bank of Russia
According to the country’s central bank, Russians are among the most active participants in the cryptocurrency market. According to the Binance cryptocurrency exchange, Russian visitors
The Avocado Guild receives $18 million for expanding its Play-to-Earn video game operations
In a Series A funding round, Avocado Guild raised $18 million to expand its gaming services. Moreover, the company plans to expand its scholarship program
A $110m Series B funding round is signed by Allica Bank
Founded in 2013, Allica is the only fintech challenger bank that offers a full range of payment and credit services to established, growing SMEs. From
Marqeta, Paycast, and Mastercard launch a new marketplace card
In order to power a digital card product, Paycast plans to leverage Mastercard’s global payments network and Marqeta’s global payment network. Marketplaces can hold funds
In the future, Stripe may accept cryptocurrency payments.
John Collison, Stripe’s co-founder, says the company is not ruling out accepting crypto payments. Stripe had stopped supporting bitcoin payments in 2018, citing its volatility
Asilimia raises $2 million in a pre-seed round of funding, plans to offer loans to MSMEs and expand in East Africa
Asilimia, a Kenyan fintech startup, has raised $2 million in pre-seed funding ($1 million equity and $1 million debt). Based on data collected via its