Finance Company Even Raises $40 Million in the First Round
According to the latest finance news, a US-based personal finance platform has secured $40 million through its latest round of crowdfunding. This round was led by Keith Rabois of Khosla Ventures, and other participants such as Valar Ventures, Allen & Company, Ron Conway, Harrison Metal...
London Declared World’s Fintech Capital at Major European Tech Conference
“London is the world’s fintech capital”, the Deputy Mayor for Business, Rajesh Agrawal, said at Europe’s leading fintech conference, according to the latest fintech news. Rajesh was present at Amsterdam Money 20/20, a tech conference with over 5,000 attendees. He met leading figures from the...
Banks Not Ready for Distributed Ledger Technology (DLT) Says Ripple Executive
According to the latest finance tech news, a senior executive at one of the top startups in the DLT space expressed that due to privacy and scalability issues, banks are unable to use distributed ledger technology (DLT) to process cross-border payments. David Schwartz, Ripple’s chief...
Japan’s Latest Cryptocurrency Exchange to be Powered by Nasdaq Tech
According to the latest finance news, the SBI virtual currencies that are owned by Tokyo based SBI Holdings has recently launched a cryptocurrency exchange in Japan. This cryptocurrency exchange is powered by Nasdaq’s trading system technology. The new exchange platform called VCTRADE is offering Ripple’s...
Top Tech Stocks to Invest in 2018
Being in the digital age, there is no doubt that sky is the limit for the technology sector. With so many developments and advancements happening faster than you can read this sentence, it is no surprise that tech is the biggest buying opportunity on the...
Cryptocurrency’s Resilience: The Comeback After a Tough Week
Previous week many witnessed cryptocurrency falling below $8000, however this week fortunately the scenario has changed. According to the latest finance news, the price of bitcoin has risen by $500 over the last three days. Following 5th May 2018, Bitcoin experienced a downward price trend,...
Ethereum Price Increases beyond $700
According to the latest finance news, on Tuesday, 24th April 2018, Ethereum crossed a noteworthy point of reference outperforming its previous $700 stamp. In the previous week, the crypto market included nearly $100 billion. However, with the cryptographic money advertise was able to achieve an...
94% of Active Monzo Users Upgrade to Current Account
According to the latest finance news, A UK Challenger Bank Monzo just witnessed its happiest day when 94% of their active users upgraded to the new full current account. The first prepaid beta programme was launched in 2015 and received its full UK banking license...
Litecoin Falls 10% after Payments Processor ‘LitePay’ Fails
The fifth-largest cryptocurrency is currently trending in the latest Finance news and for all the wrong reasons! Litecoin’s price dropped on Monday after news that payments processor LitePay has ceased operations. This resulted in an apology from the coin’s founder for promoting the start-up. After...
Women To Be Encouraged to Shape the Future of Cryptocurrencies
Future of Cryptocurrencies According to the latest finance news, a meager 4 percent of bitcoin users are females. A research conducted by Google Analytics revealed that bitcoin market is dominated by males with a whopping 96.57 percent of the industry consisted of male users. After...
