Tag: Facebook

WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.

As Covid-19 forces more people to look for cashless alternatives, Mastercard and Facebook have inked a deal that offers a new way to send money digitally.

It seems as if the Libra Association has ramped up its efforts to get Libra off the launchpad. However, now the European Central Bank has published a research paper warning that stablecoins like Libra could badly impact the markets.

Antler, the early-stage venture capital firm and startup generator that has supported several FinTech companies, has raised $50m in a new funding round.

Facebook has changed the name of its digital cryptocurrency wallet Calibra to Novi.

Cybersecurity firm Regulus Cyber has netted $4m as part of a future Series B round led by SPDG Ventures, the holding company of the Périer-D'Ieteren family, owners of Belgium's largest automotive business.

Having lost some of its founding members when the public scrutiny got fierce, the Libra Association has now added Checkout.com to its membership as things seem to be moving faster for the cryptocurrency project.

It seems as if Facebook is still serious about getting the ball rolling with the cryptocurrency initiative Libra as the social media giant has announced plans to hire 50 people to work on its FinTech project.

After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.

FinTech PayPal has joined up with Facebook-owned WhatsApp in backing the Indonesian payment, e-wallet, food, ride-hailing app Gojek, according to Reuters.