Kraken Embraces PayPal For Pivotal Crypto Shift In Europe, UK
San Francisco-based cryptocurrency exchange, Kraken announced its phased introduction of support for euro and British pound deposits through PayPal Holdings Inc (NASDAQ: PYPL).
Paysafe Deepens Strategic Partnership With Eightcap, Pushes Focus On Merchant Solutions Segment
Payments platform Paysafe Ltd. (NYSE: PSFE) and global retail trading provider Eightcap advanced their partnership with the introduction of an innovative Embedded Trading Wallet solution for partners and merchants in the European Union.
PayPal’s PYUSD Hits Huobi: Investor Options Expand
Seychelles-based cryptocurrency exchange, Huobi announced that it will list PayPal’s (NASDAQ: PYPL) newly launched stablecoin (PYUSD) on its platform by Sep. 7, 2023. The exchange said withdrawals will be enabled by Sep.12.
Neuberger Berman’s $1B Investment In Wayflyer Set To Transform E-commerce Lending
E-commerce revenue-based finance provider, Wayflyer announced that it has signed a $1 billion funding deal with investment firm, Neuberger Berman (NYSE: NBXG).
FaaS Market Will Soar To $1T, Crypto Asset Management To Reach $3.1B: New Economic Titans
Fintech and Digital Assets are the next economic boom. According to a Global Market Insights report, Fintech as a Service (FaaS) industry is estimated to grow from a $260.7 billion market size in 2022 to $995.9 billion in 2032 (CAGR: 14%).
Mastercard, Fintech Saudi Join Forces To Ramp Up Saudi’s Fintech Industry
Mastercard Inc (NYSE: MA) signed a memorandum of understanding with Fintech Saudi at the Seamless Saudi Arabia 2023 event in Riyadh (Sept. 4–5).
The event focused on the latest innovations in payments, fintech, retail, e-commerce, home delivery, and digital marketing.
Crypto wallet MetaMask Activates Sell Feature for Ethereum, Hints More Tokens Additions
Software cryptocurrency wallet MetaMask announced the addition of a Sell feature today on its blog and X.
Microsoft Strengthens Partnership With G42 For Cloud, AI Tools Inclusion
Expanding its early 2023 collaboration with Abu Dhabi-based AI company G42, Microsoft Corp (NASDAQ: MSFT) has taken the next step with a plan that would include sovereign cloud offerings and co-innovate and generate advanced AI capabilities leading to the expansion of existing dat