Circle reassures market after stablecoin USDC breaks dollar peg
LONDON, March 11 (Reuters) – Stablecoin USD Coin (USDC) lost its dollar peg and fell to a record low on Saturday before recovering most of its...
Tagged: Tech
Fintech threat to big banks eased in 2022 as prices rose – report
Feb 15 (Reuters) – The competitive threat from financial technology companies to big banks eased over the past year as rising interest rates constrained funding, a...
Calgary Fintech launches pre-sale of locally designed and
Calgary, Canada, March 10, 2023 (GLOBE NEWSWIRE) — To celebrate International Women’s Day, Helcim is launching an online store to sell locally designed and sourced t-shirts....
BaaS fintech Swan spreads its wings in Spain
Swan, the emerging European leader in embedded finance, today opens its first office in Spain as part of its continued European expansion. Spain is the second...
BaaS fintech Swan spreads its wings in Spain
Swan, the emerging European leader in embedded finance, today opens its first office in Spain as part of its continued European expansion. Spain is the second...
Crypto stocks plummet after Silvergate decides to shut down
March 9 (Reuters) – Shares in crypto-focused companies fell on Thursday after Silvergate Capital Corp ( SI.N ) revealed plans to wind down operations and voluntarily...
Instant View: Silvergate’s planned liquidation fuels another crypto rout
March 9 (Reuters) – Silvergate Capital Corp ( SI.N ), one of the largest banks in the cryptocurrency industry, said on Wednesday it plans to wind...
UBS Next invests in Tenity’s fintech incubation fund
Strong ecosystems and proximity to customers are key prerequisites for driving sustainable innovation and helping to shape the future of the Swiss financial centre. A strategic...
Crypto-focused bank Silvergate plans to liquidate after a blow from FTX
March 8 (Reuters) – Crypto-focused bank Silvergate Capital Corp ( SI.N ) said on Wednesday it plans to wind down operations and voluntarily liquidate after it...
Fintech firms may struggle to find investor love in the new US IPO market
March 8 (Reuters) – The once high-flying fintech startups looking to go public will have a hard time attracting investors’ attention, even as a freeze that...