Pakistani fintech startup Trukkr raises $6.4 million, gets lending license
KARACHI, Pakistan, March 7 (Reuters) – Trukkr, a fintech platform for Pakistan’s trucking industry, said on Tuesday it had raised $6.4 million in a funding round...
Tagged: PVE
Factbox: Silvergate crisis: Majors in the crypto industry drop struggling lenders
March 2 (Reuters) – A number of cryptocurrency heavyweights including Coinbase Global Inc ( COIN.O ) and Galaxy Digital dropped Silvergate Capital Corp ( SI.N )...
Analysis: Australia’s DIY superannuation fund loses millions on crypto bets, investors aren’t sweating it
Thousands of Australians are using DIY retirement funds to buy crypto Loss likely in the hundreds of millions -Reuters calculation Australia has few rules on what...
Revolut’s 2022 revenue grew 33% despite crypto winter
LONDON, March 1 (Reuters) – Fintech company Revolut made its first full-year profit in 2021 and recorded a 33% jump in revenue last year, its finance...
Visa, Mastercard pause crypto push in wake of industry meltdown – sources
Feb 28 (Reuters) – U.S. payments giants Visa ( VN ) and Mastercard ( MA.N ) are slowing plans to forge new partnerships with crypto firms...
Crypto lending unit of Genesis files for US bankruptcy
Jan 20 (Reuters) – The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion after being...
Cryptoverse: Is Bitcoin Out of the Woods? Consider the options
Feb 7 (Reuters) – Have bitcoin and ether finally turned a corner? It seems so, if crypto options traders are anything to go by. The volume...
Cryptoverse: Big investors return to bitcoin
Jan 31 (Reuters) – Big investors are dipping their toes back into crypto waters after a bumper month for bitcoin. Investment products for digital assets, often...
Fidelity National agrees to review, director adds after DE Shaw pressure
NEW YORK, Dec 15 (Reuters) – Fidelity National Information Services ( FIS.N ) said on Thursday it will undertake a strategic review and add a new...
ECB says Bitcoin is artificially backed, should not be legitimized
FRANKFURT, Nov 30 (Reuters) – Bitcoin is being artificially propped up and should not be legitimized by regulators or financial firms as it is heading towards...