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Financial Market News
You are at:Home»Posts Tagged "FinTech" (Page 14)

Bitcoin windfall comes for Mt. Gox creditors after 10,000% price spike

By FinMar NewsJune 29, 2024

Users of collapsed bitcoin exchange Mt. Gox have been trying to get their money back for a decade. From the beginning of July, the company will…

Nearly $109M in Yotta customer deposits vanish

By FinMar NewsJune 22, 2024

Tsingha25 | Istock | Getty ImagesLedgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta…

How do AI and climate change affect fintech?

By FinMar NewsJune 16, 2024

Climate change and new developments in artificial intelligence could possibly change the face of fintech, venture capital firm Team8 discovered while preparing a report on the…

Affirm buy now, pay later loans coming later this year

By FinMar NewsJune 12, 2024

Chris Ratcliffe | Bloomberg | Getty ImagesApple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the…

Trustee says $85 million of customer savings is missing

By FinMar NewsJune 8, 2024

Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday,…

Bitcoin miners sink millions into AI business, seek billions in return

By FinMar NewsJune 4, 2024

Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North CarolinaCarey McKelveyAUSTIN — For five years, bitcoin miner Core Scientific has quietly been diversifying out…

Digital bank Monzo posts first full year of profit after more than doubling

By FinMar NewsJune 3, 2024

A Monzo debit card being used at a payment terminal.MonzoMonzo, the British digital challenger bank, on Monday reported its first full year of profitability.The fintech startup…

Yotta CEO says 85,000 bank accounts locked

By FinMar NewsJune 1, 2024

Oscar Wong | Moment | Getty ImagesWhen Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to…

Binance ex-CEO Changpeng Zhao begins prison sentence in California

By FinMar NewsJune 1, 2024

Former Binance CEO Changpeng Zhao, center, departs federal court in Seattle on April 30, 2024.Jason Redmond | AFP | Getty ImagesBinance’s billionaire founder Changpeng Zhao has reported…

UBS backs $37 million round for climate fintech startup Doconomy

By FinMar NewsMay 30, 2024

From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder.DoconomySwedish climate-focused financial technology startup Doconomy told…

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