BTC Markets taps licensed neobank Volt for integrated banking features
Fintech companies see an opportunity in the negligence and reluctance of traditional banks toward the cryptocurrency ecosystem. The banking capabilities of fintech have met cryptocurrencies in a new partnership between Australian crypto exchange BTC Markets and local neobank Volt.With a license to operate in Australia as an authorized deposit-taking institution since 2019, Volt will provide corporate cash management accounts for BTC Markets users to manage their Australian dollar funds. Those accounts allow real-time payments on the New Payments Platform, Australia’s national....
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“Bison Trails is committed to the growth of the crypto ecosystem and innovative networks like Celo,” said Joe Lallouz, CEO of Bison Trails. Blockchain infrastructure company Bison Trails has partnered with Volt Capital to allow users of the Celo Network to stake their tokens securely through their mobile devices. The collaboration sees Bison Trails running a Celo validator node for Volt Capital, thereby allowing Volt Capital’s community to stake the CELO cryptocurrency, earn rewards and help grow the network. Bison Trails’ node infrastructure allows delegators to more easily stake....
N26 co-founder says rushing for a global expansion has caused N26 to drop behind in crypto and equities trading. German neobank N26, one of the biggest European fintechs with over $9 billion in valuation, is finally ready to tackle crypto and equities trading after striving for a global expansion.Despite being an early player in the financial technology boom across Europe, the Berlin-based online bank N26’s global ambitions induced a setback in its diversification of services, N26 co-founder and co-CEO Max Tayenthal said in an FT interview.After exiting two critical fintech markets, the....
Volt Equity’s ETF consults with PlanB’s Bitcoin Stock-to-Flow model to adjust exposure. The New York Stock Exchange (NYSE) continues listing Bitcoin (BTC)-linked exchange-traded funds (ETF), with Volt Equity becoming the latest company to debut such a product on the exchange.Volt Equity’s Crypto Industry Revolution and Tech ETF will debut trading on the electronic securities exchange NYSE Arca on Oct. 28, the company’s CEO Tad Park told Cointelegraph. The ETF will be available for trading at market opening under the ticker symbol BTCR.BTCR will open at $21, giving a nod to Bitcoin’s capped....
With the banking license, this will give N26 the ability to access the entire EU instead of the handful of countries it originally operated in, as an EU licensed bank. Originally, they relied on Wirecard, a German banking platform. Launching its app back in 2015, N26 or formerly NUMBER26 has around 200,000 users on its mobile banking app for them to be able to open bank accounts, transfer and even deposit/withdraw using an ATM or CASH26 locations. Adding features. Valentin Stalf, founder and CEO of N26 states: “This [banking license] will allow us to significantly enhance the diversity of....
Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000 customers in Spain, expects to grow its userbase with this new development.
Revolut Customers in Spain Can Upgrade to Revolut Bank
Revolut, one of the biggest fintech neobanks in Europe, has received a special banking license in Spain, and can now offer deposit insurance to its customers.....