News (408)

Tala Looks to Boost Services to Underbanked Communities in Latest Funding Round  

Fintech start-up Tala, a company that aims to service underbanked communities, raised $145 million in its Series E round and is expecting to use the funds to grow operations in Mexico, India, Kenya, the Philippines and the U.S. So reports CNBC.


Americans Now Using Fintech At Higher Rate Than Social Media, Streaming Services: Plaid Report

A new report from Plaid shows the use of fintech has now reached what it is calling “mass adoption.” So reports Fortune.


New Core Scientific Data Center to Bolster Total Capacity to 800MW+

Blockchain hosting and digital mining company Core Scientific is planning to build a 300-megawatt blockchain data center in Texas. So reports Coindesk.


Till Payments Closes Series C As It Looks to Penetrate U.S. Market 

Fintech Till Payments closed a Series C funding round and hauled in $110 million (Australian/ $80 million USD) in capital from Avenir Growth and Akuna Capital, among others. So reports Yahoo! Finance.


Financial Services Committee Chastises 'Screen Scraping,' Considers Legislation  

House Financial Services Committee members appear to be in agreement across party lines with respect to developing stronger protections of consumer financial data utilized by third parties. So reports Roll Call.


Canada Launches Cryptocurrency ETF Featuring Top Two Coins

Evolve is launching a multi-cryptocurrency ETF, and as such will offer the first-of-its-kind in Canada. So reports Yahoo!


Fintech Rize Looks to Combine Custodial Accounts Into ‘Single Experience’ After Series A

Fintech-as-a-service Rize pulled in $11.4 million from a Series A funding round. So reports Tech Crunch.


Affirm CEO Levchin Expects BNPL to Cut Into eCommerce Pie  

Affirm CEO Max Levchin said he believes the concept of “buy now, pay later” may very well replace the modern credit card, but that day is not expected to come anytime soon. So reports CNBC.


China Drops Hammer on Crypto Industry with Overarching Ban  

China has essentially banned cryptocurrency transactions overnight as authorities look to close loopholes associated with its trading. So reports Al Jazeera.


BitClout's 'Diamondhands' Identity Revealed in DeSo Announcement

BitClout creator “Diamondhands” has revealed himself as Nader Al-Naji, and announced he has launched a new “Decentralized Social” blockchain network. So reports The Block Crypto.


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