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P2P Bitcoin (BTC) Exchange LocalBitcoins Reports Over $29 Million in Annual Revenue for 2019, Updates KYC/AML Processes

LocalBitcoins, a leading peer to peer (P2P) Bitcoin (BTC) exchange, reported its financial results on July 1, 2020 for last year (2019). The P2P...

Singaporean Proptech Founder Rhonda Wong Clinches Women of the Future South-East Asia Award

Rhonda Wong, CEO and Co-founder of Ohmyhome, has been recognised as a Women of the Future Award SEA 2020 winner for her one-stop...

Breaking News: YRC to receive $700 million CARES Act loan

YRC Worldwide (NASDAQ: YRCW) announced it expects to receive a $700 million loan from the United States Department...

FCA lifts restrictions on Wirecard Card Solutions

The Financial Conduct Authority (FCA) has lifted restrictions on Wirecard Card Solutions, allowing the payments firm to resume activities. Wirecard’s UK operations were halted...

Overfunding: D2C Health Supplement Company Future You Cambridge Quickly Secures £550,000 Seedrs Campaign Target

Future You Cambridge, a UK-based D2C health supplements company, has successfully secured its initial £550,000 equity crowdfunding target on Seedrs. The funding round...

Curve gets services back online over weekend

Curve, the UK fintech which consolidates multiple cards into one, has recovered its services following the suspension of Wirecard’s UK subsidiary by the...

PictureWealth lands AUD 12m and seals acquisition

PictureWealth, the Australian fintech co-founded by former DBS Bank chief innovation officer, Neal Cross, has landed AUD 12 million ($8.2 million). The fintech, which...

Indian Fintech Slice, which Helps Millenials with Managing Credit Scores, Acquires $6 Million in Capital via Round led by Japanese VC Firm Gunosy

Slice, a Fintech company that provides various card-based products to young people in India to help manage their credit scores, has secured $6...

FCA suspends Wirecard’s UK subsidiary

The Financial Conduct Authority’s (FCA) suspension of Wirecard’s UK subsidiary prompted a handful of fintechs to issue warnings to their customers on Friday. Wirecard’s...

Samsung chooses Curve to power its new Samsung Pay Card in UK

Samsung has chosen UK fintech Curve to power its new Samsung Pay Card in the UK. Set to launch “later this year”, the...

Zopa lands UK bank licence, set to launch credit card and saving account

Zopa, the UK-based peer-to-peer (P2P) lending firm, has landed a full UK bank licence and is readying to launch its credit card and...

Average Cost of a Data Breach: $116M

Sensitivity of customer information and time-to-detection determine financial blowback of cybersecurity breaches.The authors of the "Trends in Cybersecurity Breach Disclosures" report from Audit...

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