FinTech

India’s digital payments company Paytm said it got new funding from its shareholders but also some new investors. SoftBank Group Corp.’s Vision Fund, Ant Financial and Discovery Capital will, therefore, together with new investors advised by T. Rowe Price Group Inc. fund Paytm to get it in front of its competitors as the country’s finance sector is slightly beginning to grill.From Ant Financial they said they have been searching for investment opportunities in Southeast Asia in order to...

We live in a paradoxical world in that it is both expanding and shrinking at the same time. The rise of high-speed internet allows us to instantly communicate across the globe, stream movies and TV shows, shop from the comfort of our couch, dig through the archives of famous museums and libraries, and watch events in other countries unfold in real-time. The flip-side of such openness is that a small number of corporations are increasing their stranglehold on how we live our lives. As such,...

Co-founder and former Uber Chief Executive Officer Travis Kalanick, has been in the news recently as he has been offloading his shares in the ride-hailing company, at an alarming rate. Earlier this week, Kalanick disposed approximately $578 million of his Uber shares over a few days notably after a binding lockup period expired on Wednesday, Nov. 6. It would seem like Kalanick might be well on his way to dispose of a lot more of his holdings.According to a Bloomberg report, the ex-CEO’s total...

The value of cryptocurrencies is constantly fluctuating, but that doesn’t stop people and businesses from using them to conduct money transactions.Nowadays, you can use Bitcoin – the cryptocurrency that started everything – on Amazon, gambling venues such as the Sloto Cash online casino, and as of late – Airbnb as well.On November 11th, it was announced that Fold now supports payments to Airbnb, allowing people to book stays while enjoying some extra benefits.According to ads, Fold users will...

Coinspeaker Larger Bearish Sentiment Sees Bitcoin Tumbling to a Lower Handle Despite the fact that the crypto community has a number of good news, Bitcoin price is still moving down. Larger Bearish Sentiment Sees Bitcoin Tumbling to a Lower Handle Continue reading at Coinspeaker

Coinspeaker PayPal Announces Acquisition of Honey Science Corporation PayPal has announced that they reached an agreement for acquiring Honey, the money-saving browser extension and app. PayPal Announces Acquisition of Honey Science Corporation Continue reading at Coinspeaker

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The CEO of PayPal, one of the world’s largest and most established online payment processors, has revealed in an interview that he owns Bitcoin and no other cryptocurrencies. He also talked about Libra and why his company decides to withdraw from the project.PayPal’s CEO Owns BitcoinIn a recent interview with Fortune, the CEO of PayPal, Dan Schulman, shared his views on cryptocurrencies and revealed interesting insights about the work his company is doing in the field.He said that there is a...

As on date, a massive amount of data and content is being created and shared every second on the internet. Messaging apps like WhatsApp, Messenger, and Telegram have been the hot mediums to move data. One of the major challenges these companies are facing today is to segregate the right information.With such massive data available, users are usually overwhelmed with excess data. Now, to enhance the user experience, messaging giant Telegram has come up with a new Data Clustering Contest for...

A San Francisco -based startup TRM Labs, which emerged from YCombinator and looks at blockchain analysis as a tool for the ensuring of compliance, has received $4.2 Million in funding from various investors that included PayPal Ventures. The big problem with compliance for cryptocurrencies and blockchain technology is that most banks and financial institutions would rather not deal with the intricacies and the technological hoops which they would have to leap through before they get a clear...