In at the moment’s FinTech information, spare change can add as much as (potential) bitcoin wealth with a brand new financial savings app for the French, whereas an embedded finance instrument will help small companies rework. Plus, digital information is being tapped to offer in-store intel.
Bitstack Secures $1M to Advance Bitcoin Financial savings
Paris-based bitcoin financial savings account app Bitstack raised 1 million euros ($1.05 million) in a funding spherical led by Founders Future. The startup strives to assist folks save in bitcoin by routinely rounding up every day purchases. Bitstack is regulated as a digital asset service supplier (DASP) by the French Monetary Markets Authority (AMF) and the French Prudential Management and Decision Authority (ACPR).
FIS, Treasury Prime Launch Embedded Finance Instrument
FinTech agency FIS is working with banking-as-a-service (BaaS) startup Treasury Prime to launch an embedded finance instrument. The brand new product makes use of API to assist small and mid-sized monetary establishments digitally rework by embedding companies like banking, credit score, funds, insurance coverage and investments.
TikTok, Foursquare Associate to Garner In-Retailer Go to Information
TikTok and Foursquare are teaming as much as assist sellers and advertisers leverage information about American and Canadian in-store visits. The collaboration permits each corporations to quantify the effectiveness of promoting campaigns concerning in-store foot site visitors. The purpose is to assist retailers observe a buyer journey from digital impressions to in-store visits.
London Mayor Visits Silicon Valley to Discuss Tech Commerce Mission
London Mayor Sadiq Khan is assembly with Silicon Valley tech leaders as a part of a U.S. commerce mission tour to raise London’s tourism and know-how industries. He’s talking with the heads of Google, LinkedIn and others to proceed selling London as the primary vacation spot for the enlargement of American tech companies.
Chainalysis Raises $170M at $8.6B Valuation
Singapore’s sovereign wealth fund GIC backed blockchain information and evaluation startup Chainalysis with $170 million in a Collection F funding spherical that doubles the corporate’s post-money valuation to $8.6 billion since June of final 12 months. Launched in 2014 and headquartered in New York, Chainalysis offers blockchain information and evaluation to assist organizations spot, cease, and forestall cybercrime and cash laundering.
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NEW PYMNTS DATA: THE TRUTH ABOUT BNPL AND STORE CARDS – APRIL 2022
About: Buyers who’ve retailer playing cards use them for 87% of all eligible purchases — however this doesn’t imply retailers ought to boot purchase now, pay later (BNPL) choices from checkout. The Fact About BNPL And Retailer Playing cards, a PYMNTS and PayPal collaboration, surveys 2,161 shoppers to seek out out why offering each BNPL and retailer playing cards are key to serving to retailers maximize conversion.
