Fintech


Policy

Crypto Was Singapore's Top Area of Fintech Investment in 2022 Despite Global Slowdown: KPMG

For 2023, KPMG has predicted that it is "likely investments in crypto-focused firms will remain very slow."

A new KPMG report predicts the crypto investment slowdown will continue through the rest of the year (Shutterstock)

Policy

Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto

After crypto firms have left the city, the regulator says it’s now moving with the market and industry.

Christopher Hui speaking at 2022 Hong Kong FinTech Week. (Information Services Department of HKSAR)

Finance

Lending Platform SoFi's Revenue Jumps 56% in Q3

The company's Nasdaq-listed shares rose 13% in premarket trading.

(Unsplash)

Finance

Digital Bank Revolut to Allow Customers to Make Purchases With Crypto Balances

The fintech firm recently won registration from the U.K.'s financial regulator to offer crypto services.

Revolut is adding a crypto spending feature to its app. (A. Aleksandravicius/Shutterstock)

Videos

Umee CEO on DeFi Outlook Amid Rising Inflation

Umee Founder and CEO Brent Xu discusses the path ahead for DeFi markets and the wider fintech ecosystem, explaining the impact of rising inflation. Plus, a preview of his speech "Evaluating Debt Markets in DeFi" at CoinDesk's I.D.E.A.S. 2022 in New York City.

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Finance

Celebrity-Backed Fintech for Teens, Step Receives $300M in Debt Funding

The app also launched a crypto trading feature, starting with bitcoin

TikTok star Charli D’Amelio promoting Step. (Step)

Finance

Fintech App Eco to Convert User Balances From US Dollars to USDC

Eco will use digital settlement-service platform Zero Hash to custody the stablecoins.

Andy Bromberg speaks at Token Summit NYC 2018.

Finance

Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions

About 45 employees will be laid off from the firm, which was valued at over $1 billion a year ago.

TrueLayer to lay off 10% of its staff. (Pawel Chu/Unsplash)

Finance

Fintech Firm Lightnet Group Gets $50M From LDA Capital to Boost Velo Protocol's Technology

The firm has the option to raise the total commitment to up to $100 million over the next three years.

Photo of bundles of dollars

Finance

Plaid Adds Crypto Account Data to Its Platform

The information will be in read-only mode.

Plaid is adding crypto exchange account data. (SarahCreates/Unsplash)