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Former Binance CFO Predicts Long Crypto Winter Following FTX Failure
Thursday, December 22, 2022 - 12:04pm | 423The crypto winter will go on for a long time and more stringent regulations are expected in the future, following the failure of FTX. That's according to former Binance CFO Zhou Wei, who left the firm last year. "Basically, we have to all brace ourselves for a pretty long winter in the...
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Fintech Focus For May 19, 2021
Tuesday, May 18, 2021 - 5:49pm | 2172Quote To Start The Day: “I’ve failed over and over and over again in my life and that is why I succeed.” Source: Michael Jordan One Big Thing In Fintech: Drivers and homeowners will be able to purchase pay-per-mile auto insurance and homeowners insurance from Metromile and Hippo...
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Singapore's Sea Limited Pushes For Fintech Growth With Bank Acquisition
Wednesday, January 13, 2021 - 12:22pm | 478Sea Limited (NYSE: SE) was a top performing stock in 2020, with shares up over 400% on the strength of its gaming and e-commerce businesses. The company is now looking to fintech for further growth in Southeast Asia. What Happened: Bank Kesejahteraan Ekonomi of Indonesia, also known...
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Facebook, PayPal Join Google As Investors In Indonesian Tech Giant GoJek
Wednesday, June 3, 2020 - 5:16am | 439Facebook Inc. (NASDAQ: FB) and PayPal Holdings Inc. (NASDAQ: PYPL) have invested in Indonesian ride-hailing giant GoJek, TechCrunch reported Tuesday. What Happened The two companies didn't disclose the amount they invested or the stake they have acquired in GoJek as a result. GoJek told...