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Germany’s financial regulator issues retail crypto investment warning
Germany’s Federal Financial Supervisory Authority, or BaFin, has warned investors about the risks involved in cryptocurrency investments. In a consumer protection alert issued ...
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Bottomless raises $4.5M as Seattle startup grows team and business around smart coffee platform
Bottomless, the small Seattle startup with big e-commerce dreams, has raised $4.5 million in a new Series A funding round to help with ...
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Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of ...
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Fraud prevention platform Seon raises a $12M Series A round led by Creandum
Seon, which lets online businesses fight online fraud like fake accounts, has raised a $12 million Series A round led by Creandum, with ...
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Wise considers rare direct listing on London Stock Exchange
Wise, a $5 billion-valued money transfer fintech which grew out of the UK, is reportedly mulling a rare direct listing on the London ...
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Facebook rolls out Instagram Lite to Sub-Saharan Africa and other emerging markets
Facebook has announced the launch of Instagram Lite to Sub-Saharan Africa, a new, lightweight version of the Instagram app for Android that uses ...
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Revolut to close Canada shop
United Kingdom-based FinTech startup Revolut is pulling out of Canada, IT has learned, more than a year and a half after launching a ...
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KPMG inches towards settlement with audit regulator over Carillion collapse
The big four accountancy firm KPMG is inching towards a financial settlement with regulators over its auditing of Carillion, the doomed construction group, ...
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Visa Faces Justice Department Probe On Debit Card Processes
Visa Inc. is facing a probe from the Justice Department concerning allegedly anti competitive processes in the debit card industry. The antitrust arm ...
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Visa hikes UK-EU online interchange fees; faces US investigation into debit card practices
Visa is set to take advantage of Brexit to raise interchange fees on cross-border transactions between the UK and EU, according to reports. ...