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Finsight Breaking News

Revolut launches US-Mexico remittance corridor, enabling expats to easily send money back home

July 29, 2021July 29, 2021
Decision Makers/Finsight Breaking News

In May 2021, remittance flows between Mexico and the U.S. increased a whopping 31%, reaching over $4.5 billion as migrants continue sending money to loved ones to alleviate the impact of the pandemic. Revolut’s timely launch of this remittance

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Genesis Digital Assets Announces $125 Million Raise to Expand Industrial-Scale Bitcoin Mining Operations

Blockchain & Crypto/Finsight Breaking News

The funding round comes from Kingsway Capital, a UK-based private equity fund focused on frontier emerging markets with over $2 billion in assets under management (AUM).  Commenting on the funding, Manuel Stotz, CEO of Kingsway Capital said:

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Gregfins upgrades its PFM app with Salt Edge open banking technology

Decision Makers/Finsight Breaking News

70% of Millennials and Gen-Z use from 3 to 6 different payment providers. More than half would like to have their expenses, currencies, bills, accounts, investments, and other financial information in one

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CAPEX.com launches zero-commission product StoX

Decision Makers/Finsight Breaking News

CAPEX.com, the leading global multi-licensed broker operated by Key Way Markets Ltd, has launched their latest product StoX – 0 commission in the Middle East. Regulated by the Abu Dhabi Global Market,

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Nium Raises Us$200+ Million Series D And Becomes First Global B2b Payments Unicorn From Southeast Asia

Decision Makers/Finsight Breaking News

Nium’s current valuation is above US$1 billion, making it the first B2B payments unicorn from Southeast Asia. The funding will be used to expand Nium’s payments network infrastructure, drive innovative product development,

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PayPal to research blocking transactions that fund extremists and hate groups

Decision Makers/Finsight Breaking News

The initiative will be led through ADL’s Center on Extremism and will focus on uncovering and disrupting the financial flows supporting white supremacist and anti-government organizations. It will also look at networks

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Sources: Amazon to accept Bitcoin payments before the end of 2021

July 26, 2021
Blockchain & Crypto/Decision Makers/Finsight Breaking News/Finsight Opinion

Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team. According to a latest

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DFS Lab and Stellar Development Foundation Launch Blockchain Bootcamp for African Startups

Blockchain & Crypto/Decision Makers/Finsight Breaking News/Finsight Voices

The bootcamp is a three-day design sprint allowing participating companies to answer critical business questions with hands-on technical support and guidance from DFS Lab and SDF. Companies will define a problem, storyboard

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Robinhood CEO is considering offering U.S. retirement accounts

Decision Makers/Finsight Voices/Regtech

The online brokerage has about 18 million funded investment accounts on its platform, most of which are held by retail traders. Offering individual retirement accounts (IRAs) and Roth IRAs, which offer tax

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Crypto miner Core Scientific to go public via $4.3 bln SPAC deal

Blockchain & Crypto/Finsight Breaking News

Core Scientific Holding Co said on Wednesday it would go public through a merger with a blank-check company backed by BlackRock Inc (BLK.N), in a deal that values the cryptocurrency miner at $4.3

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