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Tag: Ribbit Capital

DCG’s crypto lender Genesis may file for bankruptcy, according to Bloomberg report

Crypto brokerage firm Genesis Global Capital, which is estimated to owe creditors US$3 billion, may file for bankruptcy as early as this week, Bloomberg...

Breaking: Barry Silbert’s DCG Owes Over $3 Billion To Creditors

After being caught off guard by the failure of the FTX crypto exchange in November of 2022, DCG, a conglomerate that controls crypto...

Top 10 Wealthtech Players from Southeast Asia to Watch in 2023

2022 has been a challenging year for fintech startups as investors scaled back their investment, valuations plummeted and tech firms were forced to undergo...

Tomo’s $40M Series A more than doubles its valuation to $640M

Having opened for business in Michigan and Ohio, the purchase mortgage fintech is now up and running in seven states.

FTX Crypto Exchange Announces Major Expansion into European Market


The expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago. (Read More)

Retail Banking Technology Trends: What Does the Future Hold?

With AI, machine learning, and big data initiatives driving change, financial institutions look to these technologies to optimize processes and improve customer experience.  But what are the technologies used in banking today? And which ones should financial institutions prioritize moving forward? In this article, we explore key retail banking trends that every financial expert should […]

The post Retail Banking Technology Trends: What Does the Future Hold? appeared first on SDK.finance - White-Label Digital Core Banking Software.

Charitable Giving App Daffy Secures $17.1 Million in Funding

Charitable giving app Daffy has received $17.1 million in funding. Daffy was co-founded by CEO Adam Nash, former president and CEO of Wealthfront. In the U.S., individuals gave more than $324 billion to charitable organizations in 2020. Aside, the company behind charitable giving app Daffy, has secured $17.1 million in Series A funding. The round Read more...

The post Charitable Giving App Daffy Secures $17.1 Million in Funding appeared first on Finovate.

Diem’s Downfall: From an Ambitious Single Global Digital Currency Idea to a Painful End

The once-promising cryptocurrency project Diem (Libra) ended up sold to Silvergate Capital less than three years later.

BTC, SEC Targets Crypto Lenders, Poland FX, Diem Death: Editor’s Pick

Let's take a look back at the biggest news stories from the worlds of Forex, Fintech and Crypto, in our best of the week segment. US White House Plans to Issue an Executive Order on Crypto.

Walmart Startup Hazel Acquires Two Fintech Firms to Develop Finance Super App

On January 26, Walmart’s fintech venture firm, Hazel, announced that it is acquiring two financial technology companies as it aims to develop a financial services super app where consumers can mana...

Facebook’s Bumbling Crypto Venture Diem to Wind Down, Sell Assets

Facebook founder Mark Zuckerberg’s ambitious program to create his own cryptocurrency is falling apart amid rising tension from regulators. According to a Bloomberg report released Wednesday, the Diem Association, which manages the expansion of the Diem digital currency, is contemplating a sale of its assets to return money to its investors. The report adds Diem

The post Facebook’s Bumbling Crypto Venture Diem to Wind Down, Sell Assets appeared first on CoinGape.

Checkout.com Closes $1Bn Funding Round With $40Bn Valuation

Global payments firm Checkout.com, today (Wednesday) closed a $1 billion Series D funding round which gives the cloud-based, end-to-end payments platform a $40 billion valuation.

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