Tag Archives: 6c.) Fintechnews

There are 56 fintech billionaires around the world who combine a total net worth of US$327.7 billion, data curated by Finextra based on Forbes’ 2021 World’s Billionaires list show. These represent some of the world’s biggest and most successful fintech companies in the world including Ant Group, PayPal, Stripe and Klarna. They are also world renowned fintech investors and the founders of leading firms such as Bloomberg and Thomson Reuters. US leads in fintech...

Swiss banking group Swissquote announced that it is expanding its cryptocurrency offering with nine additional ones. In addition to the leading twelve cryptocurrencies, investors can now also trade Cardano, Filecoin, Maker, Uniswap and yearn.finance (YFI). A further four cryptocurrencies will follow at the end of the month namely Aave (AAVE), Algorand (ALGO), Compound (COMP) and Cosmos (ATOM). With a total of 21 tradable virtual currencies, Swissquote offers...

Societe Generale announced that it has issued its first structured product as a security token directly registered on the Tezos’ blockchain network. The securities were fully subscribed by Societe Generale Assurances. The move was in line with the development of Forge which is a regulated subsidiary of Societe Generale Group. Forge’s operating model enables security tokens to be directly integrated to conventional banking systems interfaced with SWIFT format. Forge...

Delta Exchange, a UK-based institutional-grade crypto derivatives exchange, announced that it has closed a US$ 5 million token raise from existing and new investors where Swiss venture firm Blockchain Valley Ventures (BVV) backed and advised the former on their token raise. The token raise adds to existing investors like Aave, Coinfund and Kyber Network. New investors of the company include Spartan Group, QCP Soteria, Gumi Crypto, LuneX Ventures, Tembusu Partners and...

PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can check out safely and easily, converting cryptocurrency holdings to fiat currency, with certainty of value and no additional transaction fees. Checkout with Crypto will automatically appear in the PayPal wallet at checkout...