Using a Crypto Loan App to Bring Financial Services to Excluded Groups in Africa – Interview Bitcoin News
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Snoop Money Management App Secures $20 Million in Series A Funding
According to the executive chairman, the recent Snoop funding would be used to expand the company’s global reach with the US already identified as a target.According to reports, Snoop has completed a Series A funding round led by US hedge fund Paulson & Co. The money management app now has
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Cash App Reports 200% Bitcoin Revenue Rise amid Square BTC Impairment Loss
In Q2, Cash App made $546 million in Bitcoin services. The company’s gross profit rose to $55 million even with a $45 million impairment loss.Square’s (NYSE: SQ) Cash App has announced a Bitcoin revenue increase of 200% for the second quarter year on year (YoY). The company posted a $546
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Square’s Cash App Reports $2.7B In Quarterly Bitcoin Revenue, A 200% Jump
Square has had a busy weekend. The company made headlines for it’s purchase of Australia-based fintech firm, Afterpay, in an all-stock deal. Square then went on to release it’s Q2 2021 Shareholder Letter, filled to the brim with company insights – including some strong growth numbers in crypto transactions on Square’s
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Crypto-friendly app Robinhood loses 8% in public Nasdaq debut
Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on Thursday, marking one of the worst initial public offering (IPO) debuts of its size.Robinhood’s HOOD stock tumbled 8.4% below the IPO price in the company’s first trading session on Thursday, dropping from $38 to
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FTX Renames Blockfolio Trading App in Fresh Branding Move
By uniting the brand identity, FTX is looking to rival Coinbase and other major trading platforms.FTX has announced that FTX: Blockfolio mobile app will now be called FTX mobile app. The crypto exchange had acquired the Blockfolio portfolio tracking app for $150 million in August 2020. Prior to that time,
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Bitcoin-Rewarding App Lolli Raises $10 Million in Series A Funding
Lolli said that this funding will go towards expanding in the global market, hiring, new partnerships, and further development of the recently launched mobile app.Crypto firm Lolli, which rewards users in free Bitcoins against shopping, has raised $10 million in a Series A funding round led by Acrew Capital. Other
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PayPal’s crypto ‘super app’ set to roll out soon
Payment provider company PayPal said its users may not have much longer to wait to have greater crypto functionality through the platform. During PayPal’s Q2 2021 investor update call today, CEO Dan Schulman said the initial version of the company’s super app wallet was “code complete.” The PayPal president said the
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