Mobile banking app Dave scores $100M investment from FTX US
Dave is the latest in a series of fintech payments apps to offer crypto services, following PayPal, Venmo, and Cash App. On March 21, mobile banking application Dave announced a partnership with FTX US to provide cryptocurrency payments on the platform. It also announced a $100 million investment from FTX Ventures.In the statement, Dave said the investment would aid its strategy for future crypto-related initiatives, with FTX US serving as its partner for cryptocurrencies. Both companies said they’re currently exploring ways to introduce crypto payments into Dave’s platform.FTX US....
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Dave, the digital banking software that went public on the Nasdaq two months ago, is stepping up its cryptocurrency ambitions following a new $100 million investment from crypto exchange FTX. Dave Inc. established a strategic agreement with West Realm Shires Services, Inc., the owner and operator of FTX US, on Tuesday to further develop the […]
Per a Forbes report, LayerZero Labs recently completed a series A+ investment round. The company managed to attract the attention of major players in the crypto industry. Related Reading | Mobile Banking App Dave Secures $100 Million FTX Investment To Boost Crypto Presence The investment round raised $135 million and was led by FTX Ventures, […]
Would you believe it if someone tells you that the most advanced countries in the world are the ones that adopt new technologies sooner than the rest? If you did, then you might be wrong with a few things, especially mobile banking and Bitcoin adoption. Let's take Turkey for example. ING, the Dutch multinational banking and financial services company recently published a report titled "ING International Survey - The rise of mobile banking and the changing face of payments in the digital age" . The survey was conducted by ING along with Ipsos to understand the behavior of its existing and....
Financial guru Dave Ramsey says crypto is “fun” and can be a small part of investment portfolios. “It’s a commodity. Is it going to be around? Sure, it’s going to be around,” Ramsey said.
Dave Ramsey Now Considers Cryptocurrency a Commodity That Is Here to Stay
Personal finance guru and Ramsey Solutions CEO Dave Ramsey discussed bitcoin and his new book titled “Baby Steps Millionaires” in an interview with Maria Bartiromo on Fox Business Tuesday.
Bartiromo asked him: “I know that you warned against....
Veteran Japanese VC Kazutaka Muraguchi says cryptocurrencies are the key to a "worldwide financial revolution", following his firm's ¥100m ($828,000) investment in Japan's latest crypto exchange. Speaking to CoinDesk, the Nippon Technology Venture Partners (NTVP) general partner said he jumped at the opportunity to invest in Osaka-based platform Zaif as he had been interested in currency innovation for 15 years. The exchange, run by Tech Bureau, lets users trade in Japanese yen, bitcoin and monacoin, a cat-themed cryptocurrency. It could become the hub that "connects Japan to the global....