FinTech

Revolut has introduced a new money management product for children. It is called “Revolut Junior” and is aimed at children aged 7-17 years.Revolut has been one of the new fintech apps taking the world by storm from the very beginning of its existence. Its unique offerings have wowed everyone. It came as no surprise to members of the fintech community when they announced a new children’s product. The “Money-Management” app named Revolut Junior aims to target younger children. The target range...

Thanks to teh partnership between TransferWise and Alipay, 7 million-plus users of TransferWise will be able to send Chinese yuan from 17 currencies to users of Alipay.TransferWise has entered a new partnership with Alipay. Sources say that the remittance company will be able to send money to Alipay users. This expands TransferWise’s offerings to its current user base of about 7 million people. Alipay has one of the widest payment networks in the world covering about 1.2 billion people. Many...

Users of the Starbucks mobile app will soon have the opportunity to pay for their drinks with Bakkt Cash. According to Bakkt, at the current moment, the crypto payment option is only in limited beta.Cryptocurrency derivatives exchange Bakkt partners with Starbucks to introduce a new payment option for Starbucks mobile app users. Named “Bakkt Cash”, the feature is already available for Starbucks customers as a limited beta.We're also reducing payment costs for merchants which improves their...

Despite the crashing markets, companies are working hard to boost the further adoption of Bitcoin and cryptocurrencies. In two separate announcements, Coinbase and the popular internet browser Opera revealed that they’ve made serious strides in this regard.Coinbase Card Usable With Google PayThe leading cryptocurrency exchange in the US, Coinbase, allows its users to get a cryptocurrency card through a partnership with Visa. Now, the card has enabled users to spend Bitcoin and other...

Bakkt closed a $300 million Series B fundraising round. The round was led by Microsoft’s M12, Pantera Capital. PayU and other prominent companies.Bakkt, the cryptocurrency derivatives exchange, has undergone series B funding. This was to the tune of $300 million. Sources say that the exchange involved many partners. Intercontinental Exchanges (ICE), which is Bakkt’s parent company, Microsoft‘s M12, Pantera Capital, PayU, CMT Digital, Boston Consulting Group, and Goldfinch Partners were among...

Apple (AAPL) stock price dropped by around 13% in the premarket and is falling in the trading session today as well. This is due to a fine of about $1.2 billion imposed by the French antitrust regulators.Apple Inc (NASDAQ: AAPL) stock price was down 12.26% in the premarket. The stock price was at $243.90. This wasn’t the case though on Friday. Sources say that the price of the stock ended on Friday at $277.97. The fall has reportedly happened due to a € 1.1 billion (about $1.2 billion) fine...

Bill Gates co-founded Microsoft in 1975 with Paul Allen and was CEO until 2000. Gates was director of the board at Microsoft until 2014. But now he is leaving the board to focus on philanthropy.Microsoft said yesterday that its co-founder Bill Gates is stepping down from its board of directors. Gates co-founded Microsoft in 1975 and was acting as the chairman of the board until 2014. Back in 2008 he stepped back from day-to-day operations.Gates explained this unexpected move with the...

Bitcoin Nutzer aufgepasst: Kriminelle nutzen die Coronavirus-Krise aus, um in Europa Computer mit einer Schadstoffsoftware zu infizieren. Davor warnt die Melde- und Analysestelle Informationssicherung Melani über den Kurznachrichtendienst Twitter. Cyber Kriminelle nutzen die aktuelle #Coronavirus Situation aus, um in der Schweiz Computer mit eine Schadsoftware namens "AgentTesla" zu infizieren. Die...

Apple and Microsoft have lost around $400 billion each during the latest market sell-off over the last month. Analysts weigh in suggesting Microsoft a better buy over Apple at this stage.There’s bloodbath on Wall Street this week with almost all indices crashing to the tune of 5% and above every single day. While the Dow Jones crashed 10% on Thursday, bluechip company stocks also came tumbling down. Tech giants like Apple Inc (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) have also...

Uber (UBER) stock price is at $23.54 which is a 10.29% decline since trading started. Lyft (LYFT) stock price is at $25.29. This is an 12.82% decline since trading hours began as well.Uber Technologies Inc (NASDAQ: UBER) and Lyft Inc (NASDAQ: LYFT) stock prices have fallen. Sources say that this is due to COVID-19 fears. The main fears have to do with people sharing car rides with absolute strangers. Those fears are said to be part of the general panic sweeping through the world at the...