What’s the strategy behind Square’s largest-ever acquisition?
In a sign of the massive shifts in retail and online payments, Square announced on Aug 1 that it would...
Payments
Square deal vaults Afterpay founders to $1.8B fortunes
As a wannabe investment banker, Afterpay Ltd. co-founder Nick Molnar was told to stick to his “side hustle” of selling...
State Street to offer crypto services to private-fund clients
State Street Corp. is set to offer cryptocurrency reporting, reconciliation and processing services to its private-fund clients in the latest...
BNY-backed crypto platform Fireblocks seals unicorn status
Fireblocks has raised $310 million in a series D round that values the digital-asset platform at $2 billion, sealing its...
Apple Card ‘scaling’ with growth rate +20%
Apple's new credit card is part of a basket of products that drove 33% revenue growth last quarter, the company...
FTX Trading closes $900M series B fundraise
A cryptocurrency exchange marks a milestone in the sector this week, with a series B fundraise of $900 million announced...
Square building new bitcoin-inspired financial services business
Square Inc. is creating a new business line to help developers build financial services products focused on Bitcoin, according to...
Powell says stable coins need regulation to protect U.S. public
Federal Reserve Chair Jerome Powell said there are potential risks from stable coins and that they require regulation to ensure...
Funding roundup: New Delhi-based Pine Labs nabs a $600 million investment round
This week, some of the more notable funding rounds included sizeable capital raises for a New Delhi fintech and two...
Cryptocurrency firm Circle eyes public listing via SPAC merger
Stablecoin issuer Circle is looking to go public via a merger with special purpose acquisition company (SPAC) Concord Acquisition Corp....
