Startups pioneering blockchain, cryptocurrency, and decentralized finance (DeFi). Startups transforming finance, banking, and payments.
Several leading cryptocurrency firms have joined forces to launch a dedicated network aimed at promoting the adoption of the USDG stablecoin, a digital asset pegged to the US dollar. This initiative is designed to facilitate wider usage of USDG in everyday transactions, bridging the gap between digital and traditional currencies while enhancing the coin’s accessibility […]
Affirm, a leading US-based buy now, pay later (BNPL) provider, has officially launched its services in the United Kingdom, entering a market that’s poised for regulatory changes. As the BNPL sector faces increasing scrutiny in the UK, Affirm’s entry signals both its confidence in this market and its readiness to navigate the evolving regulatory landscape. […]
Homee, a leading Insurtech firm focused on improving property insurance claims, has raised $12 million in its latest Series C funding round. The new investment will fuel Homee’s continued development of its AI-powered claims management platform, which aims to streamline the claims process for both insurers and policyholders, making it faster and more efficient. The […]
Crypto startup Coinme has filed a lawsuit against Coinstar, alleging that the coin-counting kiosk company misused its trade secrets to develop a competing cryptocurrency product. The legal dispute, filed in King County Superior Court, revolves around claims that Coinstar unlawfully used confidential information provided by Coinme during their partnership to create its own service offering […]
AI-driven fintech startup One Zero, founded by the creator of Mobileye, is reportedly in the process of raising $100 million in funding, according to sources close to the deal. This new round aims to accelerate the company’s growth as it pushes further into the financial technology space, leveraging AI to revolutionize banking and investment services. […]
As the midterm elections draw closer, FairShake, a cryptocurrency-focused political action committee (PAC), is making waves by targeting pivotal House races. With a mission to support candidates who favor crypto-friendly legislation, FairShake aims to influence the outcome of tight contests in swing districts across the country. The PAC, backed by influential figures in the crypto […]
As the financial landscape continues to evolve at an unprecedented pace, the future of traditional banking faces significant challenges, leading experts to predict that fintech banking, as we know it, may be on the brink of transformation. This shift, while daunting for some, presents an opportunity for customers to benefit from improved services and innovative […]
The fallout from the collapse of FTX continues as two of its top executives, Ryan Salame and Michelle Bond, are facing significant legal challenges. Both individuals have been embroiled in various controversies following the cryptocurrency exchange’s dramatic downfall, which left thousands of investors in distress. Ryan Salame, who served as the co-CEO of FTX, has […]
National Public Data, a U.S. data broker known for collecting and selling personal information, has filed for bankruptcy after a massive data breach that exposed millions of Social Security numbers and other sensitive personal details. The company had been under fire for months after a hack compromised its systems, leaking critical information and affecting millions […]
The fast-growing Baltic fintech company Eleving Group is facing a legal setback in Kenya. The firm, which operates across various emerging markets offering consumer loans, has been fined by Kenyan authorities for violating lending regulations. This move comes as the country intensifies its scrutiny of digital lenders, aiming to protect consumers from exploitative practices in […]