Category Archive: 6c.) Fintechnews

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BBVA Switzerland Adds Ether to Its Crypto Trading Service

2021-12-16

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2021-12-16

BBVA Switzerland, the Swiss franchise of Spanish multinational financial institution BBVA, has expanded its cryptocurrency custody and trading service with the addition of Ether to its investment portfolio. Its private banking clients and new gen customers will now have access to both Bitcoin and Ether, a statement from the company said.

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Roll Out of Digital Euro Could Transform Payments in Germany

2021-12-15

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2021-12-15

A digital programmable euro is essential for innovative business models in Germany, according to the Frankfurt School Blockchain Centre (FSBC).

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Bitcoin Capital Rolls Out New Crypto ETPs on the Swiss Stock Exchange

2021-12-06

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2021-12-06

Bitcoin Capital has expanded its crypto asset offerings by launching two new crypto exchange-traded products (ETPs) on the SIX Swiss Exchange.

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German Regulator BaFin Grants Third Crypto Custody License to Tangany

2021-10-10

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2021-10-10

Tangany has received a license from the German Federal Financial Supervisory Authority (BaFin) as the third regulated service provider for the custody of digital assets in the country to provide crypto custody business. Furthermore, Tangany plans to apply for further licenses in Germany and Europe in the future and has already received preliminary permission from BaFin to manage registers of crypto securities.

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Coinbase to Invest US$500 Million Into Crypto Assets

2021-09-21

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2021-09-21

American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of quarterly net income into this same portfolio.

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MoneyLion to Offer Crypto Investment Ahead of SPAC Merger

2021-09-16

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2021-09-16

US-based neobank MoneyLion announced the launch of its new cryptocurrency capabilities, enabling customers to buy and sell digital currencies within its app. MoneyLion said that eligible customers will initially be able to buy and sell Bitcoin and Ethereum, as well as round-up their debit card purchases in Bitcoin.

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Blockchain-Based Invoice Factoring Firm Hiveterminal Expands to DACH Region

2021-09-15

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2021-09-15

Blockchain-based invoice factoring platform Hiveterminal announced that it has expanded to the DACH region as part of its Europe growth plans. Hiveterminal aims to start cultivating relationships with Swiss-based small and medium-sized enterprises (SMEs) who need fast and continuous access to liquidity without going through the hassle of applying for bank financing.

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Nassim Taleb Now Calls Bitcoin Worthless, Too Volatile to be a Useful Currency or Store of Value

2021-07-23

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2021-07-23

Not only does bitcoin fail to satisfy the notion of being a currency without a government, but the cryptocurrency is also not a reliable inflation hedge nor a safe haven investment, Nassim Nicholas Taleb, a probability researcher and former quantitative trader, says in a recent paper.

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Facebook Pay To Be Available to Online Retailers Starting With Shopify

2021-07-21

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2021-07-21

With digital payments picking up pace across the globe, social media giant Facebook is extending its payment services to online retailers. Shopify has become the first e-commerce platform to sign up for Facebook Pay. This will allow Shopify merchants to offer Facebook Pay as a payment option during checkout, eliminating the need to re-enter payment information for every transaction.

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Visa Customers Spent More Than US$1 Billion on Crypto-Linked Cards in 2021

2021-07-09

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2021-07-09

Visa revealed that its customers had spent more than US$1 billion on its crypto-linked cards in the first half of 2021. The payments giant reported that it had partnered with 50 leading crypto platforms on card programmes that make it easy to convert and spend digital currency at 70 million merchants worldwide.

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AntChain Inks Deal With UEFA EURO to Be Its Official Global Blockchain Partner

2021-06-11

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2021-06-11

UEFA and AntChain, the blockchain business of Ant Group, announced a five-year global partnership around blockchain technologies and to jointly explore how blockchain technology can be used to further the digital transformation of football industry and improve the experiences of fans around the world.

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9 Top-Ranked Crypto Blockchain Project Coins You’ve Probably Never Heard of Before

2021-06-08

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2021-06-08

Cryptocurrencies have been all the rage this year with total market capitalization surging 132% since the beginning of the year. Given this crypto frenzy, it is quite remarkable how some of the top marketcap ranking firms have eluded  mainstream attention.

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FQX Secures $4.7M in Seed Funding Led By Earlybird Venture Capital and SIX Ventures

2021-06-02

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2021-06-02

Zurich-based FQX secures $4.7M in seed funding to scale their revolutionary eNoteTM infrastructure. Earlybird led the round with participation of SIX Fintech Ventures, the non-strategic corporate venture arm of SIX, and the unicorn founder Carsten Thoma.

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ETC Group Lists Physically Backed Ethereum and Litecoin Crypto ETCs on SIX

2021-05-26

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2021-05-26

Blockchain Bitcoin
ETC Group, a specialist provider of digital asset-backed securities, has announced that it will list its physically backed Ethereum and Litecoin cryptocurrency ETCs on the Swiss Stock Exchange SIX.

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56 Fintech Billionaires Worth a Combined US$327B in 2021

2021-04-27

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2021-04-27

There are 56 fintech billionaires around the world who combine a total net worth of US$327.7 billion, data curated by Finextra based on Forbes’ 2021 World’s Billionaires list show. These represent some of the world’s biggest and most successful fintech companies in the world including Ant Group, PayPal, Stripe and Klarna.

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Swissquote Adds 9 Additional Cryptocurrencies for Retail Trading

2021-04-22

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2021-04-22

Swiss banking group Swissquote announced that it is expanding its cryptocurrency offering with nine additional ones.

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Societe Generale Issues Structured Products as Security Token on Public Blockchain

2021-04-20

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2021-04-20

Societe Generale announced that it has issued its first structured product as a security token directly registered on the Tezos’ blockchain network.

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Delta Exchange Closes US$5 Million Raise From Blockchain Valley Ventures Among Others

2021-04-09

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2021-04-09

Delta Exchange, a UK-based institutional-grade crypto derivatives exchange, announced that it has closed a US$ 5 million token raise from existing and new investors where Swiss venture firm Blockchain Valley Ventures (BVV) backed and advised the former on their token raise.

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PayPal Allows American Customers to Use Cryptocurrencies for Purchases

2021-03-31

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2021-03-31

PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can check out safely and easily, converting cryptocurrency holdings to fiat currency, with certainty of value and no additional transaction fees.

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Austrian Crypto Broker Bitpanda Secures Unicorn Status With $170 Million Funding

2021-03-17

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2021-03-17

Bitpanda, an Austrian digital investment platform dealing with cryptocurrency, announced that it has closed it Series B funding round with an investment of $170 million and attained unicorn status with a valuation of $1.2 billion. The funding round was led by Valar Ventures with participation from partners of DST Global. Bitpanda had also previously secured $52 million during its Series A from Valar Ventures. The Series B was signed last week and...

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