FinTech News
Fascinated by the rapidly evolving world of financial technology? Our FinTech news category is your insider’s guide to the most cutting-edge innovations disrupting the finance industry. Get up-to-date coverage on the latest breakthroughs in digital banking, cryptocurrency, investing, and more.
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Plaid Acquires Competitor Quovo
The FinTech firm Plaid has reportedly purchased rival startup Quovo in what amounts to the company’s first major acquisition. According to CNBC sources, the deal was valued at just under $200 million, although terms were not officially made public. This news comes just a few weeks after Plaid raised $250 million in a funding round that…
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Ethereum Classic Chain Reorg Results in $1.1 Million in Double Spend
The cryptocurrency market is no stranger to hacks and other attacks that have resulted in the theft of thousands of dollars in digital currency. Now it seems the latest asset to be hit is Ethereum Classic with chain reorganizations being detected. As CNBC reports it is possible that the reorgs — which have resulted in currency being…
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Global FinTech Funding Reaches High in 2018
It seems that every year over the past several has been dubbed “The Year of FinTech” by someone — and often times for good reason. However, if you were considering bestowing such a title to 2018, you’d have one big stat on your side. As Business Insider reports it proved to be a banner year…
