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Tag Archives: paypal

Top 20 Major Banks Will Trade Crypto in 2020, Says Ripple CEO

As we are coming to the end of this year, we can conclude that it has been interesting, in the way. For some, it was successful, for some, not so good. Be it as it may, if you’ve made bets Ripple – you were probably in the first group.Ripple, the company that actively uses XRP in its solutions, has definitely positioned itself strongly during the last few months as one of the most important companies for the crypto sector as well as the whole blockchain technologies scene.In its official...

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Will the Payments Sector Unite or Divide over Cryptocurrency Adoption? 

Traditional payment companies seem to be taking vastly different approaches to cryptocurrencies. Earlier this year, it seemed like PayPal was about to blaze a trail in the space by working with Facebook on Libra, although it later pulled out. Elsewhere, more forward-thinking firms like Revolut and Skrill have embraced crypto, while Monzo has issued a firm “no,” and Stripe has backed away.So, what exactly is going on in this tumultuous relationship between payment firms and cryptocurrencies,...

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Neobank Albo Gets $19M Series A Investment

Nowadays we hear a lot about startups trying to capitalize on the fintech opportunity. One did such a thing now in Mexico by closing on a new sum of funding. What began as a $7.4 million Series A last January now has now grown to $26.4 million in a recent extension of Mexican challenger bank Albo.Led by the U.S.-based Valar Ventures this event can be marked as one of the largest early rounds for a Mexican startup. It seems Albo got its investment from Paypal co-founder Peter Thiel, in the...

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Black Friday Crypto Rambling: Buy Stuff Cheaper with Crypto

First of all, Happy Thanksgiving y’all. Be thankful for your life, your family and, hopefully, your wallets. Hope you had a nice dinner and it prepared you for the Christmas holidays.  However, today is Black Friday and even though it should remind us on the awful things done to the slaves in the U.S. back in time, it should remind us that, except this should never happen again, we could use this date to do something good – for someone, or for us (‘cause you have to love yourself,...

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Klarna Makes Major Gains as It Is the Most Valuable Fintech Startup in Europe

Swedish fintech firm Klarna has become the undisputed champion in the fintech space. Sources indicate that the gains made his year alone has put the firm light years ahead of its peers and competitors. The e-payments firm has indicated that about 60,000 merchants have been added to its network and that it has created linkages with about 190,000 retail partners in addition to 16 million new users of the service as well.Moreover, it has emerged that the fintech firm is now worth about $5.5...

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PayPal’s Dan Schulman: It Wasn’t Regulation That Stopped Us from Working with Libra

As we all know, PayPal has been very supportive – for the most part – of Libra, Facebook’s new cryptocurrency project, but the company was also among the first to exit the Libra Association. PayPal has remained relatively quiet regarding the details of its exit, but now chief executive Dan Schulman is sharing his thoughts on Libra and explains why his company refused to engage any further in the project’s progression.Schulman: It Wasn’t Regulation that Spooked UsLibra is arguably one of the...

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PayPal: Business Debit Mastercard für Online-Händler, Agenturen und Freelancer

PayPal präsentiert die Mastercard für Online Shops, Händler, Agenturen und Freelancer! Was aussieht wie eine smarte Debitkarte, ist auch eine – und mehr als das: Diese Karte soll das Bankkonto überflüssig machen. Die Karte richtet sich explizit an Inhaber von Online Shops, also die Business Kunden. Denn mittlerweile akzeptieren viele Online Shops PayPal als Zahlungsmethode. Auch viele Agenturen und Freelancer lassen sich in PayPal...

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Paytm Gets $1B of New Funding from Softbank and Others

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...

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Approaching 2020: Why The World Needs Bitcoin More Than Ever (Op-Ed)

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,...

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