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FinTech

PayPal’s Venmo Customers Can Buy, Hold and Sell Digital Assets

The Venmo app – which is a division of PayPal – has agreed to let all users buy, sell and hold digital tokens. The news was announced earlier in the week, and many believe this will move cryptocurrencies deeper into mainstream territory. The Venmo App Has Said “Yes” to Crypto Beginning last Tuesday, Venmo users can invest in four mainstream cryptocurrencies. They are bitcoin, Litecoin, Ethereum and bitcoin cash. They can use these assets to purchase goods and services...

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Venmo: 70 Millionen Kunden erhalten Zugang zu Bitcoin

Venmo bietet 70 Mio. Kunden Bitcoin an Bitcoin, Litecoin und Ethereum: Bezahl-App Venmo unterstützt ab sofort Kryptowährungen. Der PayPal-Bezahldienst Venmo bietet ab sofort Kryptowährungen an. PayPal selbst unterstützt Bitcoin und Co. bereits seit November. Ähnlich einfach soll der Handel nun auch beim Tochter-Unternehmen vonstattengehen. Venmo ermöglicht Transaktionen mit Bitcoin, Ether und Co. Schon vor einigen Tagen wurde es vonseiten...

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Yapeal: Schweizer Handy-Bank kann jetzt Bitcoin

Yapeal: Leider nur 'mobile only'. Eine Banking App inklusive VISA Debitkarte für die Schweiz. Yapeal bietet ab sofort auch Bitcoin an. In Kooperation mit dem Krypto-Startup will das Fintech nach und nach diverse Kryptowährungen anbieten. Langfristig sollen beide Anwendungen noch enger verschmelzen. Kooperation mit Startup Relai Yapeal ist ein Schweizer Fintech, welches im Jahr...

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Bitpanda: Ab 1 Franken in Nike, Starbucks, Netflix und Co. investieren

Bitpanda: Ab 1 Franken in Nike, Starbucks, Netflix und Co. investieren Die europäische Investment-Plattform Bitpanda (*), die erst kürzlich einen Marktwert von 1,2 Mrd. $ und somit Unicorn-Status erreicht hat, bietet mit dem Launch ihres neuen Produkts Bitpanda Stocks seinen Nutzern in der Schweiz und in den übrigen Märkten ab sofort auch Investitionen in Teilaktien an. Bitpanda Stocks brilliert mit innovativen Neuerungen, wie...

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WeWork to Start Accepting Cryptocurrencies for Payments

WeWork, one of the leading flexible workspace providers in the world, is jumping on the cryptocurrency bandwagon. A new release shared by Reuters revealed that WeWork would begin accepting select cryptocurrencies for payments. In a detailed blog post, WeWork also revealed that it will work with BitPay to process payments and will accept Bitcoin, Ethereum, USDC, and Paxos. This comes shortly after Venmo – PayPal’s mobile payment service, enabled more than 70 million users to...

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PayPal’s Crypto Service Could Reach $200 Million in Volume in a Few Months, Says CEO

Speaking at a conference with several crypto-friendly corporations, PayPal’s CEO Dan Schulman revealed that the company is looking to expand its crypto-services as digital currencies take a leading role in the financial system. Schulman joined the “2021 Blockchain 50 Symposium: Crypto Goes Corporate“, together with dozens of executives from the technological and financial space, including Michael Saylor from MicroStrategy Cuy Sheffield, Head of Crypto at Visa. Less Cash, More...

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Bitcoin’s Market Cap Now Bigger Than Visa and MasterCard Combined

Apart from surpassing the $1 trillion level, bitcoin’s market capitalization is now worth more than two of the largest financial service companies – Visa and MasterCard – combined. Moreover, BTC’s market cap is also higher than several of the largest US-based banks, including JPMorgan, Bank of America, and Citigroup. Bitcoin Above Visa and MasterCard The previously referred to as “magical internet money” has been on a mind-blowing bull run since early October when it dabbled...

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PayPal Is Now Allowing Customers to Pay with Crypto

Early this week, PayPal began allowing cryptocurrency payments through its platform. The company has been on track to become a major haven for crypto-related activity since October of last year, and the platform’s goals just got much more serious. PayPal Says “Yes” To Digital Currency Payments While the service isn’t available to everyone just yet, many of PayPal’s users – when they purchase items – will be given several payment options when it’s time to check out, some...

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Bitcoin Rewards Program Lolli Gets Its Hands on $5 Million in New Funding

Lolli – a rewards programs that provides shoppers with bitcoin granted they do business at certain retailers – has closed a $5 million funding round. Lolli Has Gotten a Lot of Money The event took place Wednesday of last week as part of a Pre-Series A funding series. It was led by Alexis Ohanian’s venture capital fund Seven-Seven Six, while figures such as Cody Ko and Casey Neistat – the creators of YouTube – also took part. Further investments came by way of companies...

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Visa to Settle USDC Transactions on Ethereum

Visa is to become the first large payments network to use a stablecoin as a settlement currency. By partnering with the popular cryptocurrency exchange Crypto.com, the San Francisco-headquartered giant will offer a crypto settlement system for fiat transactions based on the Ethereum blockchain. According to the announcement from earlier today, Visa has joined forces with Crypto.com to bring its first-ever non-fiat settlement program.  The company’s standard settlement process requires parties...

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