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FinTech

Block (formerly Square) building its own bitcoin mining system

by Edgar Davis
Block (formerly Square) building its own bitcoin mining system

Block Inc logo is seen displayed in this illustration taken, April 10, 2023.  Dado Ruvic | Reuters Jack Dorsey says that his payments company, Block (formerly Square), is expanding its …

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Walmart-backed fintech One introduces buy now, pay later

by Anas Siddiqui
Walmart-backed fintech One introduces buy now, pay later

Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty Images Walmart’s majority-owned fintech startup One has begun …

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Inside a Silicon Valley hacker house coding for bitcoin’s new tokens

by Edgar Davis
Inside a Silicon Valley hacker house coding for bitcoin’s new tokens

Magic Eden coders gathered in an Airbnb in San Jose, California, to hack in preparation for the so-called bitcoin halving. Amil Husain In the East Foothills of San Jose, California, …

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Nominate a fintech or insurtech company

by Walter Watson
Nominate a fintech or insurtech company

Online banking businessman using smartphone with Icon Fintech and Blockchain concept Sarinyapinngam | Istock | Getty Images For a second year, CNBC and independent research firm Statista are working together …

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Bitcoin miners get into AI to survive halving

by Walter Watson
Bitcoin miners get into AI to survive halving

AUSTIN, TEXAS — Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin was trading at around $21,000, U.S. regulators were in the …

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Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking

by Edgar Davis
Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking

Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s move into personal banking, Klarna’s new credit card, global funding rounds and more! To get …

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Notable Capital’s Hans Tung on the state of VC and the upside to down rounds

by Edgar Davis
Notable Capital’s Hans Tung on the state of VC and the upside to down rounds

To some investors, “down round” is a dirty phrase, but not to Notable Capital’s Hans Tung. Hans is a managing partner at Notable Capital, formerly GGV Capital, a venture firm …

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Bitcoin miner Gridless, backed by Block, builds site at Kenya volcano

by Walter Watson
Bitcoin miner Gridless, backed by Block, builds site at Kenya volcano

HELL’S GATE, Kenya — Two-and-a-half hours northwest of Nairobi by car, a small group of bitcoin miners set up shop at the site of an extinct volcano near Hell’s Gate …

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Messaging app Telegram to allow Tether stablecoin payments

by Walter Watson
Messaging app Telegram to allow Tether stablecoin payments

Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images Telegram users can now start making stablecoin USDT payments to each other through the encrypted …

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Fintech CRED secures in-principle approval for payment aggregator license

by Edgar Davis
Fintech CRED secures in-principle approval for payment aggregator license

CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products …

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