Everything you need to know about Fintech. Read our latest news and technical analysis to understand its market impact.
Kraken and SoFi Technologies have formalized an agreement to interconnect their platforms. This collaboration involves Kraken listing the SoFiUSD stablecoin, accessing SoFi's 24/7 dollar settlement network, and utilizing Kraken Prime to execute cryptocurrency transactions for SoFi clients, thereby merging traditional banking infrastructure with the digital asset market.
Augustus has secured $180 million in Series B funding, reaching a $1 billion valuation, to develop a banking clearing platform integrating stablecoins with traditional payment systems like Swift, ACH, and SEPA.
The stock market reveals a significant divergence: Qualcomm sees a notable rise, fueled by its advancements in on-device AI and expanding edge processing. Conversely, Global Payments experiences a decline, facing intensified competitive pressures in payment processing and a potential business model reevaluation amidst the evolving fintech landscape.
