Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked Po...
Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption in Emerging Markets Visa and Tala have formed a new partnership “to help underbanked populations participate in the crypto economy,” Tala announced Wednesday. Tala is “a financial technology company on a mission to enable and accelerate financial health for all,” its website....
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The Stellar Development Foundation (SDF) has made a fresh bet on the financial services sector. According to a press release, the institution participated in a $145 million series E for Tala. A global technology company working on providing millions of people with access to lend, borrow, and other financial services Tala reached an over $350 million funding with support from the SDF and its Enterprise Fund, Upstart, and others. Related Reading | Stellar Network To Power New Savings API Launched By Wyre Launch in 2020, the SDF’s Enterprise Fund provides support, in U.S. dollar or XLM,....
The next round of the Boost VC accelerator program keeps getting more rewarding for Bitcoin entrepreneurs as the June 1 deadline to apply steadily approaches. Today, Boost is very excited to announce a deal that is bringing an additional $50,000 to each Bitcoin company that completes the next accelerator session which starts on June 24. At the beginning of March, promptly following the end of the first Boost session, Adam Draper, CEO, announced on his blog that he and co-founder Brayton Williams were becoming increasingly obsessed with Bitcoin and decided to make five to seven slots of the....
Payment Provider Powering Real-World Digital Asset Transactability There is no denying that cryptocurrencies are one of the most significant technological advancements in recent years that can disrupt the centralized finance ecosystem globally. With the underlying blockchain technology and a fully decentralized ecosystem, cryptocurrencies can change the global financial sector. Not only can cryptocurrencies eliminate intermediaries to lower transaction costs, but they can also solve the global unbanked crisis. However, the accompanying costs of fiat to crypto conversions through local....
Stellar follows the general market sentiment with green indicators across the board. XLM’s price seems to be positively reacting to the increase in USD Coin (USDC) liquidity on top of its blockchain. Additionally, the Stellar Development Foundation (SDF) made a potential groundbreaking announcement. Alongside VISA, Tala, and Circle, one of the companies behind USDC, the […]
In an effort to advance the growth and adoption of the XRP Ledger (XRPL), Ripple Labs Inc. has partnered with Frankfurt-based Tokentus Investment AG, an investment company specializing in the blockchain sector. As part of Ripple’s XRPL Accelerator Program, the German investment firm will support emerging start-ups by offering mentorship and guidance. The XRPL Accelerator […]