FinTech

PayPal will reportedly take another step in its cryptocurrency endeavors and roll out a “super app wallet” for its American users. The company will launch the upgraded version in the upcoming months. Additional Crypto Capabilities for PayPal Clients The Chief Executive Officer of the company – Dan Schulman – revealed during PayPal’s Q2 2021 Earnings Call that the firm would enhance its digital assets services by offering its users an upgraded version of its application. Named...

Vasant Prabhu – Chief Financial Officer of the company – opined that crypto-related transactions using Visa are beginning to dwindle. The top executive informed that their peak was in April and May, followed by a drop starting from June. Cryptocurrency Transactions with Visa Are Calming Down The American multinational financial services corporation – Visa Inc. – recently announced its results for fiscal Q3 2021. According to the report, the company’s last three months were...

Crypto Adoption Index von Chainalysis In diesem Buch ziehen die Autoren Andreas Dripke und Stephanie Stoerk eine direkte Linie von den Kryptowährungen zu einer Welt ohne Bargeld. Sie zeigen auf, dass unsere vermeintlich sichere Euro-Währungswelt keineswegs so sicher ist, wie uns der Staat und die Zentralbanken glauben machen wollen. Als Beleg hierfür wird unter anderem angeführt, dass der Euro in den letzten 20 Jahren rund ein Viertel an...

Revolut: Screenshot aus der Revolut App Der britische Digitalbanking-App Anbieter Revolut sammelt in einer neuen Finanzierungsrunde mehr als 800 Millionen Dollar ein. Die Bewertung der Neo-Bank steigt damit auf über 33 Milliarden US-Dollar. Damit baut es seine Marktführerschaft in Europa weiter aus. Investiert haben 2 echte Schwergewichte und zwar Softbank und Tiger Global, teilt das Unternehmen mit. Aktien, Bitcoin und bald...

PayPal – arguably the largest digital payment platform in the world – has some good news for crypto holders. The company announced that it was upping its weekly crypto spending limit to approximately $100,000. The firm has stated that it is also doing away with its annual $50,000 limit. PayPal Customers Can Now Buy Six-Figures Worth of Crypto Prior to this move, PayPal customers could only purchase as much as $20,000 in crypto every seven days. Now, it looks like that...

Residents of Australia will soon be able to utilize bitcoin and other cryptocurrencies for payments at retail outlets throughout the nation thanks to a partnership between Crypto Spend – a digital currency startup in the Great Outback – and financial giant Visa. Visa and Crypto Spend Are Releasing a New Credit Card Thanks to a new Visa credit card that Crypto Spend is releasing, Australians will be able to spend digital currency on goods and services at nearby stores by...

PayPal’s decision to support operations with cryptocurrencies has brought outstanding results, and a few hours ago, it just hit the gas pedal and increased the limit on cryptocurrency purchases giving its customer more freedom to buy their beloved digital assets. According to an Official PR, duly registered customers will now be able to buy up to $100,000 in crypto per week, without any other monthly or yearly limit. The company assured that the move comes in response to the...

Although numerous banking organizations have restricted their users from interacting with Binance, Visa and Mastercard have reaffirmed their belief in the world’s largest crypto exchange. With the growth of its services and popularity, Binance attracted regulatory scrutiny from various global watchdogs, as CryptoPotato explained recently. While the exchange’s attempts to enhance its compliance requirements continue with the employment of new personnel, some financial...

Transferwise wird zu Wise Das Fintech Wise erreichte bei seinem Börsengang in London eine spektakuläre Bewertung in Höhe von 7,95 Mrd. GBP (etwa 10 Mrd. CHF). Damit gilt der Konzern als volumenstärkster Börsengang eines Technologie-Unternehmens, den die englische Hauptstadt jemals vermelden konnte. Besonders ist auch die Form des Börsengangs: Wise führte die erste Londoner Direktplatzierung durch. Bei diesem Verfahren, das in den USA schon...

The global payments giant Visa has approved the issuance of a physical debit card that will allow Australians to spend their bitcoins at local stores and leisure venues. The inovation will enable customers to make direct purchases with crypto instead of converting digital assets to fiat money. First BTC Spending Card in Australia According to the Australian Financial Review report, Aussies will soon be able to spend cryptocurrencies via a new debit card created by the local...