Venmo

PayPal Holdings Inc (NASDAQ: PYPL) on Wednesday announced it is starting to offer cryptocurrency as a form of payment on its platform. The move has invited mixed reactions from veterans of the digital assets space. Not Real Bitcoin: Some experts were left unamused over what they...

PayPal Holdings became one of largest companies to bet on cryptocurrency as a payment option Wednesday.  What Happened: Paypal Holdings (NASDAQ: PYPL) announced it is launching a service to allow users to buy, sell and hold cryptocurrency. The company received a conditional Bitlicense from the...

A big reason the ARK Fintech Innovation ETF (NYSE: ARKF) is higher by 71.32% this year is the growth of digital wallets, such as PayPal's (NASDAQ: PYPL) Venmo and Square's (NYSE: SQ) Cash App. What Happened: The actively managed ARKF is the king of exchange-traded funds when it comes to...

Benzinga will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020. In recognition of those disruptive innovators creating positive and diverse change within the financial services space...

The coronavirus (COVID-19) pandemic has dealt a severe blow to the U.S. economy. Markets are in record declines. More than 30 million Americans have filed for unemployment and several businesses have already gone under. It's no doubt: we may be headed for a recession. And for many...

Square Inc (NYSE: SQ) reported fourth-quarter results highlighted by an earnings beat and a bullish outlook of its Cash App. Square reported fourth-quarter cash earnings per share (CEPS) of 23 cents on total revenue of $1.31 billion versus expectations of 21 cents and $1.19 billion. Transaction-...

Facebook Inc. (NASDAQ: FB) has joined other social media giants and has sent Clearview AI a cease and desist letter to stop using user images to identify them for law enforcement. What Happened Clearview AI has been scrapping billions of photos from the internet and facilitating more...

The 2010s brought dozens of disruptive inventions that reshaped our routines and sent traditional tech to the dump. Here are some of the most well-loved things we tossed aside this decade. Real, Off-The-Bone Meat Veggie burgers had a resurgence, but the decade was really dominated by Beyond Meat...

An upcoming marketing effort and momentum in the instant payment space from its Cash App could mean Square Inc (NYSE: SQ) is set for a better 2020 than company officials are projecting, Macquarie said Tuesday. The Analyst Macquarie's Dan Dolev initiated coverage on Square with an Outperform...

Venmo hasn’t yet proven itself a meaningful contributor to PayPal Holdings Inc (NASDAQ: PYPL). But one analyst team is increasingly confident about its prospects to monetize and bolster parent earnings. The Rating Morgan Stanley analysts James Faucette and Steven Wald maintained an Overweight...

The Detroit Fintech Academy kicked off last month with 200 students at the city’s Southeastern High School. The initiative was launched by the Detroit Fintech Association, a nonprofit trade organization founded by Benzinga CEO Jason Raznick. The fintech academy is intended to address a lack...