FinTech Archives - Softs Geek

4 Minutes

World

Premier League signs deal with NFT-based fantasy soccer game despite crypto downturn

Sources January 30, 2023 0 Comment

The Sorare NFT soccer trading card game has partnered with the Premier League on a multi-year licensing agreement. Sorare Sorare, the $4.3 billion fantasy soccer game, has signed a multi-year deal with the Premier...

2 Minutes

Technology

Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges

Sources January 28, 2023

Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty...

2 Minutes

Technology

$6.6 billion fintech Wise accused by rival of harming competition

Sources January 27, 2023

The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise has been accused by a rival fintech company of undermining competition in the money transfer...

3 Minutes

World

BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried’s crypto empire

Sources January 25, 2023

BlockFi logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki | Nurphoto | Getty Images Bankrupt crypto...

1 Minute

Technology

Uber Freight cuts 150 jobs, about 3% of the unit’s head count

Sources January 24, 2023

Uber Freight has laid off 150 employees, or about 3% of the segment’s total head count. The layoffs affect the division’s digital brokerage team, Uber Freight CEO Lior Ron said Monday in a message...

4 Minutes

Technology

Aramco-backed fintech opens bank branch in London to help Muslims invest

Sources January 24, 2023

Islamic fintech startup Wahed has opened its first physical branch on Baker Street in London. The glossy retail location is designed to look like an Apple store. Wahed An investing platform backed by the...

2 Minutes

Technology

Crypto exchange Gemini lays off 10% of workforce in its latest round of cuts

Sources January 23, 2023

Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. Joe Raedle | Getty Images Crypto exchange Gemini will reduce its headcount by...

1 Minute

Technology

Bank of America, JPMorgan and other banks reportedly team up on digital wallet to rival Apple Pay

Sources January 23, 2023

Brendan McDermid | Reuters Several banks are reportedly working on a digital wallet that links with debit and credit cards to compete with Apple Pay and PayPal. According to the Wall Street Journal, the...

5 Minutes

World

Bitcoin’s 2023 rally gathers steam as cryptocurrency briefly tops $23,000

Sources January 23, 2023

Bitcoin had a tough 2022. Now investors are looking toward 2023 with caution when it comes to cryptocurrencies. Thomas Trutschel | Photothek | Getty Images Bitcoin rose further over the weekend, as traders took...

3 Minutes

Technology

Ex-Genesis execs raised millions for crypto hedge fund just as former company neared bankruptcy

Sources January 21, 2023

Just weeks before crypto lender Genesis filed for bankruptcy, three former employees of the company had secured millions of dollars for a new crypto hedge fund, according to correspondence viewed by CNBC. Matt Ballensweig,...