Valkyrie files paperwork with SEC for leveraged bitcoin futures ETF

Valkyrie files paperwork with SEC for leveraged bitcoin futures ETF

Valkyrie Investments, a company that describes itself as a specialized alternative asset management firm “at the intersection of traditional finance and the emerging cryptocurrency sector” has filed with the Securities and Exchange Commission (SEC) for a leveraged bitcoin exchange-traded fund (ETF).

Read More

Justice Department investigates Visa’s fintech relationships

Justice Department investigates Visa’s fintech relationships

The U.S. Justice Department is probing Visa’s relationships with fintech firms as part of a bigger antitrust investigation of the company, a new report suggests.

Read More

Stripe and Klarna partner as ‘buy now, pay later’ competition heats up

Stripe and Klarna partner as ‘buy now, pay later’ competition heats up

Stripe, a company whose tools allow merchants to accept payments, is partnering with ‘buy now, pay later’ (BNPL) firm Klarna in an effort to enhance offerings for client merchants.

Read More

Greenlight, a financial platform for families, launches investing tools for parents

Greenlight, a financial platform for families, launches investing tools for parents

Greenlight, a fintech firm that offers a debit card and personal finance tools for kids, is launching a new offering to help parents learn how to invest and set up portfolios.

Read More

Mastercard to allow partner banks and merchants to support payments with crypto

Mastercard to allow partner banks and merchants to support payments with crypto

Payments giant Mastercard is partnering with crypto technology firm Bakkt to allow partner merchants, fintechs, and banks to accept cryptocurrencies at the point of sale.

Read More

Chime is reportedly targeting March 2022 for IPO, sources say

Chime is reportedly targeting March 2022 for IPO, sources say

Digital banking fintech Chime – which in August raised $750M on a $25B valuation – is reportedly advancing in its journey to go public, according to a report.

Read More

Health insurer Aetna to go paperless and add digital payments

Health insurer Aetna to go paperless and add digital payments

From September 2022 onwards, Aetna is getting rid of paper-based explanations of benefits and checks in an effort to go digital, the insurer wrote in an October newsletter.

Read More

PayPal is bidding for social shopping platform Pinterest

PayPal is bidding for social shopping platform Pinterest

PayPal, a company that focuses on digital payments and e-commerce, is reportedly in talks to acquire social media and shopping platform Pinterest for $45B.

Read More

Free crypto for your data: Worldcoin wants to scan your eyes

Free crypto for your data: Worldcoin wants to scan your eyes

Worldcoin, a new startup that’s attracted $25M in funding from big-name investors including Andreessen Horowitz, Coinbase and LinkedIn co-founder Reid Hoffman is offering users free crypto if they confirm their identities by taking an iris scan.

Read More

At launch, ProShares bitcoin futures ETF is ‘second highest traded fund ever’

At launch, ProShares bitcoin futures ETF is ‘second highest traded fund ever’

In a significant milestone for the crypto industry, the first bitcoin futures exchange-traded fund (ETF) launched this week as the “second most heavily traded fund,” a move that sent the value of the digital currency to an all-time high at about $65,000.

Read More

M1 Finance CEO Brian Barnes buys a bank

M1 Finance CEO Brian Barnes buys a bank

Brian Barnes, CEO of M1 Finance, a Chicago-based fintech that offers automated investing, borrowing and banking services, announced that he acquired First National Bank of Buhl, as an individual.

Read More

German regulator BaFin imposes new sign-up caps on neobank N26

German regulator BaFin imposes new sign-up caps on neobank N26

N26, a Germany-based neobank with a global presence, has been ordered by German financial regulator BaFin to limit new account signups in an effort to slow down its expansion.

Read More

TD Bank launches US robo-adviser

TD Bank launches US robo-adviser

TD Bank this week launched robo-adviser and hybrid wealth adviser offerings, joining a crowded market of banks and fintechs vying for market share among mass-market retail investors.

Read More

ICYMI: New details emerge about Walmart’s fintech startup venture

ICYMI: New details emerge about Walmart’s fintech startup venture

Walmart is making progress on laying out the vision and focus for its new fintech venture, a new report suggests.

Read More

SEC approves bitcoin futures ETF

SEC approves bitcoin futures ETF

The Securities and Exchange Commission (SEC) approved a bitcoin futures exchange-traded fund (ETFs) from ProShares that’s launching this week.

Read More