PYMNTS

SEPTEMBER 28, 2016

Earlier this week, blockchain arrived on Capitol Hill by way of the formation of the Congressional Blockchain Caucus focused on examining and educating lawmakers on the payments technology and issues associated with the digital currency. can continue to secure its stance as the global leader of ingenuity.”. Jared Polis (D-CO) and Rep.

Startups 74

Startups Currencies Education Banking 74

PYMNTS

NOVEMBER 13, 2020

But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. The company secured the funding from an unnamed angel investor, reports said. million in new funding for U.K.-based and Hong Kong.

B2B 91

B2B Banking Foreign Exchange Startups 91

CFO News Room

FEBRUARY 5, 2022

The rebound in equity markets, however, failed to push the rupee up as the local currency lost 18 paise against the greenback to close at 74.80. Dhiraj Relli, MD & CEO, HDFC Securities, said, “The Budget is growth-inducing and does the heavy lifting by sharply increasing capital expenditure.

Budgeting 130

Budgeting Marketing Benchmarking Manufacturing 130

PYMNTS

AUGUST 17, 2018

However, this summer, a different kind of B2B startup has captured investors’ attention. This week, the largest investment round went to one industry player in China. Enterprise blockchain startup Axoni secured $32 million in Series B funding this week, the company announced in a press release. AuditBoard.

Startups 40

Startups B2B Auditing Invoicing 40

PYMNTS

AUGUST 14, 2020

Coinbase, the digital currency exchange, will offer bitcoin-backed cash loans to select customers as early as next month, the San Francisco-based company announced on its blog this week. Customers in 17 states have been invited to join the waitlist to borrow up to 30 percent of their bitcoin holdings.

Currencies 107

Currencies Startups Economics Accounting 107

PYMNTS

SEPTEMBER 7, 2020

The Australian Services and Investments Commission (ASIC) has banned John Louis Anthony Bigatton, who was the Australian national representative for crypto platform BitConnect, from engaging in financial services for the next seven years after he was found to be engaging in deceptive practices, a report from Financial Standard finds.

Currencies 53

Currencies Startups Securities Investments 53

PYMNTS

MAY 31, 2018

Here’s how these startups are hastening the robots’ day. Recent research by the startup and Gatepoint Research showed that nearly half of organizations still validate tax forms manually, while 30 percent aren’t validating them at all. That’s what he said the startup aimed to create in its mobile tool for corporate deposits.

Startups 43

Startups Compliance Accounts Payable Invoicing 43

PYMNTS

APRIL 9, 2019

In particular, the massive claim filed by startup incubator and former Mt. In other news, Facebook reportedly wants to raise as much as $1 billion in investments for its stablecoin project. The stablecoin Facebook has been working on could be used for a “basket of foreign currencies held in bank accounts,” Popper also tweeted.

Securities 48

Securities Currencies Startups Investments 48

PYMNTS

MAY 31, 2018

Here’s how these startups are hastening the robots’ day. Recent research by the startup and Gatepoint Research showed that nearly half of orgs still validate tax forms manually, while 30 percent aren’t validating them at all. That’s what he said the startup aimed to create in its mobile tool for corporate deposits. Chargehound.

Startups 40

Startups Compliance Accounts Payable Invoicing 40

PYMNTS

MARCH 22, 2016

Investors may be flocking to blockchain technology startups that are seeking out new ways to use the tool, but one startup just secured investment for making sure that the businesses using blockchain are doing so within the confines of the law. and secured $2 million in funding in 2014.

Startups 40

Startups Compliance Currencies Securities 40

PYMNTS

FEBRUARY 21, 2020

With $521 million raised this week among B2B FinTech startups, the industry continues to prove its appeal among venture capitalists. Corporate card startup Ramp announced the debut of its product this week, alongside its $25 million funding round led by Founders Fund’s Keith Rabois, as reported by Pulse 2.0.

B2B 72

B2B Startups eCommerce Investments 72

PYMNTS

MARCH 17, 2020

The Coinbase Card is a debit card funded by digital currency. Google Pay gives Coinbase Card customers a fast, secure way to pay using their smartphones, smartwatches, and other Google Pay-enabled devices,” the company said in the post. purchased the startup in 2019.

Currencies 61

Currencies Startups Investments Securities 61

PYMNTS

MARCH 22, 2019

Singapore-based FinTech startup InstaReM , which enables banks and consumers to send money across borders , announced a partnership with First Data to assist businesses that issue corporate credit cards. The most recent round was led by Vertex Ventures’ global growth fund and Atinum Investment in South Korea. million.

Currencies 83

Currencies Startups Securities Banking 83

PYMNTS

MAY 13, 2016

With nearly $120 million raised for enterprise-serving startups, B2B venture capital saw one of its most successful weeks this year. Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few) all secured funding. In its latest funding round, Fluent secured $1.65

B2B 40

B2B Investments Startups Securities 40

PYMNTS

MAY 1, 2017

But off the trading floors, the news cycle carried its own pace as Walmart made cash cheaper to send, bitcoin and the blockchain got a series of thumbs down from bankers around the world and startups started feeling the burn. prohibits banks it transacts with from dealing with virtual-currency exchanges, for example. Investment in U.S.

Startups 46

Startups Banking Currencies Investments 46

PYMNTS

JANUARY 29, 2021

Security and Exchange Commission (SEC) raised concerns, Reuters reported on Friday (Jan. The SEC is investigating how the San Francisco-area startup allocates revenue. . The SEC’s issue is over how Roblox recognizes revenue from the sale of its currency, Robux, according to the memo seen by Reuters.

Entertainment 82

Entertainment Valuation Currencies Startups 82

PYMNTS

JULY 3, 2018

In the life of a startup, there’s no better news than growth, be it across new verticals, devices or geographies. As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints.

Startups 40

Startups Compliance Currencies Leverage 40

PYMNTS

JANUARY 19, 2018

The government] is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law,” a representative noted. Separately, Bank of Korea Governor Lee Ju-yeol told a news conference that “cryptocurrency is not a legal currency and is not being used as such as of now.”.

Startups 49

Startups Currencies Banking Accounting 49

PYMNTS

NOVEMBER 16, 2018

This week, RPA startup Automation Anywhere made waves with its $300 million investment from the SoftBank Vision Fund, reports said Thursday (Nov. The investment now values Automation Anywhere at $2.6 The investment now values Automation Anywhere at $2.6 CEC Capital also participated, according to reports.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

MARCH 19, 2019

InstaReM, the Singapore FinTech startup that enables banks and consumers to send money across borders , raised $41 million in venture funding. According to a report in TechCrunch , the four-year-old startup raised the money in a Series C round of funding. To date, the startup has raised $59.5 million, according to the report.

Foreign Exchange 64

Foreign Exchange Startups Currencies Investments 64

PYMNTS

MARCH 11, 2020

In Asia, venture capitalists have backed two commercial card startups — one in China, targeting employee expense management, and one in India, with a focus on linking startups to credit without the need for a personal guarantee. India Startup Lands Funding For Card For Startups.

B2B 52

B2B Invoicing Startups Compliance 52

PYMNTS

AUGUST 3, 2016

Currency transfer and finding ways for consumers to avoid the inevitable fees is a hot spot for FinTech startups. With Revolut, the money can be spent in over 90 currencies around the world at the cheapest exchange rate available, the interbank rate, with no fees, at least for now. Last week in investments.

Currencies 40

Currencies Foreign Exchange B2B Investments 40

PYMNTS

FEBRUARY 26, 2020

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. How One Nevada Credit Union Secures Its Self-Service Innovations. Also, Uber ousts the head of its Uber Eats division. In 48 Hours.

Marketing 56

Marketing Currencies Startups Securities 56

PYMNTS

FEBRUARY 20, 2019

Digital currency exchange Binance , which has approximately $1 billion in trading volumes each day, rolled out a decentralized trading service (dex), according to reports. With the concept of a dex, users can trade using their wallets instead of transferring their digital currency into a crypto exchange.

Currencies 53

Currencies Startups Economics Securities 53

PYMNTS

SEPTEMBER 15, 2016

There are some contradicting reports forecasting the strength of FinTech investment this year. The latest report from KPMG’s Pulse of Fintech , released quarterly, found a substantial decline in FinTech investments by venture capitalists in Q2 2016, causing some concern that the space has lost its luster. According to KPMG, $4.9

SAP 74

SAP Startups B2B Investments 74

PYMNTS

AUGUST 17, 2017

The Securities and Exchange Commission is getting into the bitcoin market, saying it will regulate the popular digital currency and other cryptocurrencies. According to a report in Seeking Alpha , the SEC said the cryptocurrencies are subject to federal securities laws.

Sales 58

Sales Currencies Securities Startups 58

PYMNTS

JANUARY 27, 2019

And Jorge Farias, CEO of the Panama-based startup Cryptobuyer, is planning to open Venezuela’s first bitcoin ATM in Caracas next month. tZERO announced that secondary trading of its security tokens is now live. “A The machines have proven resilient to the price fluctuations,” he said.

Education 72

Education Currencies Securities Startups 72

PYMNTS

OCTOBER 20, 2017

“Big banks and financial services firms were the first corporate players to make direct blockchain investments en masse — unsurprising, given how bitcoin’s underlying technology lends itself (both technically and in popular thought) to financial services,” said CB Insights in a report.

B2B 84

B2B Auditing Currencies Startups 84

PYMNTS

DECEMBER 14, 2018

Securities and Exchange Commission (SEC) recently announced that two crypto startups failed to comply with securities laws. According to Bloomberg , Pantera said that about a quarter of the blockchain and digital-currency projects its ICO fund invested in could be in violation of the SEC’s securities laws.

Currencies 62

Currencies Securities Startups Investments 62

PYMNTS

FEBRUARY 28, 2019

According to CoinDesk , the latest to receive payments are the digital assets team at Fidelity Investments and LinkedIn Co-founder Reid Hoffman. In Wednesday’s tweets, Cryptopia said it is “securing each wallet individually” for trading resumes. Randall Crater, the principal operator of My Big Coin Pay, Inc., Last year, the U.S.

Currencies 51

Currencies Valuation Startups Investments 51

PYMNTS

MARCH 31, 2017

Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration in the month of March — the Intercontinental Exchange, Inc.’s The SEC still sits on one remaining bitcoin ETF proposal filed by Grayscale Investments LLC back in January, seeking to launch with some $500 million.

Currencies 65

Currencies Benchmarking Startups Securities 65

PYMNTS

JUNE 13, 2017

Blockchain has the potential to significantly increase security and protection in banking transactions, and we are delighted to be among the first in the UAE to utilise this new technology,” says Suhail Bin Tarraf, chief operating officer, Emirates Islamic in the report. “We It’s prompting investments in a lot of startups in the space.

Startups 49

Startups Securities Currencies Technology 49

PYMNTS

JUNE 15, 2018

From warehouse robots to R&D analytics, the B2B startups covered in this week’s VC Investment roundup scored close to $200 million from investors. that topped the week with a $60 million investment. PYMNTS breaks down the latest B2B startups to secure funding rounds below. Exotic Solutions. FreightWaves.

B2B 40

B2B Startups Finance Investments 40

PYMNTS

NOVEMBER 30, 2018

Blockchain startup AriseBank’s CEO is facing up to 120 years in prison for misleading investors in a crypto scam. Securities and Exchange Commission (SEC) shut AriseBank down in March. In other news, people can start mining crypto in the comfort of their own home without having to invest in a huge machine.

Currencies 54

Currencies Valuation Startups Banking 54

PYMNTS

SEPTEMBER 10, 2018

halted trading in two securities that are tied to cryptocurrency. Over the weekend the Securities and Exchange Commission didn’t help that plight by temporarily suspending trading in two exchange-traded notes that were linked to cryptocurrencies. percent at 5:00 p.m. New York Time Friday (Sept. 7) while Bitcoin dropped 2.1 at 8:28 a.m.

Marketing 41

Marketing Startups Currencies Securities 41

PYMNTS

OCTOBER 29, 2019

The organization, which is investing $600,000 in the project, is working with blockchain startup ChromaWay and Bolivian IT services company Jalasoft on the project in Bolivia, Peru and Paraguay, with plans to eventually test out the technology in other parts of South America. I personally don’t believe Libra will succeed,” he said.

Currencies 40

Currencies Risk Management Startups Economics 40

PYMNTS

JANUARY 29, 2021

In this week's news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments. 22-Year-Old Entrepreneurs Win ‘Shark Tank’ Deal for Quevos Startup. Twice as Many Online Shoppers Believe Credit Cards Are More Secure Than Debit Cards.

Nonprofit 55

Nonprofit Healthcare Budgeting Securities 55