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PayPal's Crypto Segment Gets A Boost, Announces Acquisition of Curv
Monday, March 8, 2021 - 5:01pm | 433Paypal Holdings Inc (NASDAQ: PYPL) has pushed into the cryptocurrency market as part of its growth plan. An analyst is out with some estimates of what cryptocurrency could mean for the company. The Paypal Analyst: Bank of America analyst Jason Kupferberg reiterates a Buy rating and has a...
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PayPal To Buy Cryptocurrency Custodian Curv: Report
Tuesday, March 2, 2021 - 11:00pm | 346PayPal Holdings Inc (NASDAQ: PYPL) is purchasing Curv, a technology firm, engaged in the secure storage of Bitcoin (CRYPTO: BTC) and other cryptocurrencies, CoinDesk reported Tuesday. What Happened: Curv’s price tag was reportedly pegged at between $200 million and $300 million by local...
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Fintech Focus For December 14, 2020
Sunday, December 13, 2020 - 8:23pm | 1738Quote To Start The Day: We’re really trying to encourage progress, not to force it. Source: Adena Friedman One Big Thing In Fintech: Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake...
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Fintech Focus For December 11, 2020
Thursday, December 10, 2020 - 6:51pm | 2295Quote To Start The Day: US President Donald Trump and his backers, having been stymied dozens of times by judges and elections officials across the country, are confident one last-ditch lawsuit will overturn his election loss. “All I ask for is people with wisdom and with courage, that...
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Fintech Focus For November 18, 2020
Tuesday, November 17, 2020 - 6:49pm | 2035Quote Of The Day: We are what we repeatedly do; excellence, then, is not an act but a habit. - Aristotle Fintech Movers: Robinhood Markets, the trading platform that’s proved popular with novice investors, has asked banks to pitch for roles in an initial public offering, according to people...
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Fintech Focus For October 23, 2020
Thursday, October 22, 2020 - 7:11pm | 2440Quote Of The Day: Do not be mistaken. The relative calm we feel right now isn’t the end of the storm, it is just the eye. - Scott Minerd Fintech Movers: Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions...
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Fintech Focus For October 7, 2020
Tuesday, October 6, 2020 - 6:59pm | 2504Quote Of The Day: Merely raising tax rates on the wealthy and corporations wouldn’t really make the system any fairer. - Bloomberg Fintech Movers: Crypto-friendly bank Silvergate said it was particularly "bullish" on its payments platform during its Q2 earnings call. Now it's...