PayPal launches US Dollar Stablecoin, issued by Paxos Trust Company
PayPal has launched a US dollar stablecoin, PayPal USD, and is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.
HSBC announces plans for new joint venture with Tradeshift
HSBC and Tradeshift have announced an agreement to launch a new, jointly-owned business focused on the development of embedded finance solutions.
Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.
Liven completes over $152m in acquisitions to create massive hospitality tech group
Liven today announced the acquisition of Australian-based OrderUp and Abacus, Singapore-based Zeemart and Silicon Valley-based Copper for a combined $152 million.
Amazon One palm payment technology is coming to 500+ Whole Foods Market stores in the U.S.
As Amazon One reaches a critical milestone with more than 3 million uses, Whole Foods Market stores are going all in.
US fintechs Qorbis and Mbanq partner to create tailored financial control solutions for any brand
Qorbis has announced its partnership with Mbanq to create a unique financial control solutions and brand enhancement platform for clients.
Payment technology leader CardFlight appoints Brian Butts as Chief Technology Officer
US paytech company CardFlight have announced the appointment of Brian Butts as their new Chief Technology Officer (CTO).
Fintech startup Keeta launches with $17 million in funding
Keeta, a new global payments platform offering instant and secure cross-border monetary transactions, has officially launch with $17 million in funding.