Fintech https://www.benzinga.com/views/taxonomy/term/144421 en Trustpac Offers Special Promotions on IPO Contracts https://www.benzinga.com/pressreleases/21/05/n21023268/trustpac-offers-special-promotions-on-ipo-contracts <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">TALLINN, Estonia</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 8, 2021</span> /PRNewswire/ -- As markets show first signs of recovery from the financial slowdown of 2020, reputed online trading brand Trustpac has announced it is offering its clients the chance to trade on <u xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://www.trustpac.io/special-events/" rel="nofollow" rel="nofollow">selected IPO (initial public offering) contracts</a></u>. This move is part of the brand&#39;s holistic approach, focusing on all of the aspects of client experience while using Trustpac&#39;s services, and it comes after upgrades made to the platform mechanism and enhancements to the support representative staff.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;If there is a trading opportunity that our expert brokers consider worthy and viable, there&#39;s no reason our clients shouldn&#39;t enjoy it,&#34; said <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Ema Overland</span>, spokesperson for Trustpac. &#34;Our partner traders can be sure that each IPO added to this exclusive list has been hand-picked and analyzed, to make sure it meets our asset standards. We know that our traders trust us to grant ...</p><p><a href=https://www.benzinga.com/pressreleases/21/05/n21023268/trustpac-offers-special-promotions-on-ipo-contracts alt=Trustpac Offers Special Promotions on IPO Contracts>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech News Press Releases Sat, 08 May 2021 08:00:00 +0000 PRNewswire 21023268 at https://www.benzinga.com Cryptocurrency Token ELONGATE Announces First Major Exchange Listing on BitMart; Raises US$2,000,000 for Various Charities https://www.benzinga.com/pressreleases/21/05/n21022763/cryptocurrency-token-elongate-announces-first-major-exchange-listing-on-bitmart-raises-us-2-000-00 <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">BERN, Switzerland</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 7, 2021</span> /CNW/ -- To celebrate its first month of operations, ELONGATE,<span xmlns="http://www.w3.org/1999/xhtml" id="spanHghlt8c11"> the world&#39;s first and biggest charity</span> cryptocurrency token, announces its first major exchange listing on BitMart. The ELONGATE/USDT trading will officially open at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">4 AM EDT</span> on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 10</span>. Of equal importance, the crypto token has raised <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$2,000,000</span> to various charities – with its most recent donations going to food and general support programs in war-torn countries through the Human Relief Foundation as well as COVID-19 relief efforts in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">India</span> through Give India.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder8491"> <p xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1505975/image1.html" target="_blank" rel="nofollow" rel="nofollow"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1505975/image1.jpg" title="ELONGATE in numbers. In just a month of operations, ELONGATE&#39;s milestones have well surpassed various cryptocurrency token projects" alt="ELONGATE in numbers. In just a month of operations, ELONGATE&#39;s milestones have well surpassed various cryptocurrency token projects" /></a></p> </div> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">ELONGATE Will Be Available For Trading on <span xmlns="http://www.w3.org/1999/xhtml" id="spanHghlt6960">BitMart </span>Starting <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 10</span></b></p> <p xmlns="http://www.w3.org/1999/xhtml">A much-anticipated announcement, Elongate will be <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://support.bmx.fund/hc/en-us/articles/1260804997409" rel="nofollow" rel="nofollow">available for trading on ...</a></p><p><a href=https://www.benzinga.com/pressreleases/21/05/n21022763/cryptocurrency-token-elongate-announces-first-major-exchange-listing-on-bitmart-raises-us-2-000-00 alt=Cryptocurrency Token ELONGATE Announces First Major Exchange Listing on BitMart; Raises US$2,000,000 for Various Charities>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech Press Releases Sat, 08 May 2021 01:20:00 +0000 PRNewswire 21022763 at https://www.benzinga.com Cryptocurrency Token ELONGATE Announces First Major Exchange Listing on BitMart; Raises US$2,000,000 for Various Charities https://www.benzinga.com/pressreleases/21/05/n21022762/cryptocurrency-token-elongate-announces-first-major-exchange-listing-on-bitmart-raises-us-2-000-00 <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">BERN, Switzerland</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 7, 2021</span> /PRNewswire/ -- To celebrate its first month of operations, ELONGATE,<span xmlns="http://www.w3.org/1999/xhtml" id="spanHghlt8c11"> the world&#39;s first and biggest charity</span> cryptocurrency token, announces its first major exchange listing on BitMart. The ELONGATE/USDT trading will officially open at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">4 AM EDT</span> on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 10</span>. Of equal importance, the crypto token has raised <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">US$2,000,000</span> to various charities – with its most recent donations going to food and general support programs in war-torn countries through the Human Relief Foundation as well as COVID-19 relief efforts in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">India</span> through Give India.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder8491"> <p xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1505975/image1.html" target="_blank" rel="nofollow" rel="nofollow"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1505975/image1.jpg" title="ELONGATE in numbers. In just a month of operations, ELONGATE&#39;s milestones have well surpassed various cryptocurrency token projects" alt="ELONGATE in numbers. In just a month of operations, ELONGATE&#39;s milestones have well surpassed various cryptocurrency token projects" /></a></p> </div> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">ELONGATE Will Be Available For Trading on <span xmlns="http://www.w3.org/1999/xhtml" id="spanHghlt6960">BitMart </span>Starting <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 10</span></b></p> <p xmlns="http://www.w3.org/1999/xhtml">A much-anticipated announcement, Elongate will be <a ...</p><p><a href=https://www.benzinga.com/pressreleases/21/05/n21022762/cryptocurrency-token-elongate-announces-first-major-exchange-listing-on-bitmart-raises-us-2-000-00 alt=Cryptocurrency Token ELONGATE Announces First Major Exchange Listing on BitMart; Raises US$2,000,000 for Various Charities>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech Press Releases Sat, 08 May 2021 01:20:00 +0000 PRNewswire 21022762 at https://www.benzinga.com CSU posts all-time high net income considering first quarters https://www.benzinga.com/pressreleases/21/05/n21020756/csu-posts-all-time-high-net-income-considering-first-quarters <p xmlns="http://www.w3.org/1999/xhtml">SÃO PAULO, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 7, 2021</span> /PRNewswire/ -- CSU (CARD3:BZ), leading company in the Brazilian market in technological solutions for payment means, customer experience and clients&#39; loyalty and incentives, discloses the results of the 1st quarter of 2021, with growth in main indicators. Net revenue of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">R$ 123.6 million</span>, record EBITDA of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">R$ 35.8 million</span> and net income of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">R$ 12.8 million</span>, all-time high considering first quarters. Such figures are higher, respectively, by 8.4%, 17.7% and 37.5% over the same quarter last year.</p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Ricardo Leite</span>, Investor Relations Officer, details that &#34;the seek for digitalization by customers was important to build the growing cycle of results that started 2 years ago, with a strong profitability expansion in both business units, benefited by the demand for cutting edge technologies.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml">Regarding the highlights per unit, CSU.CardSystem, which has technological solutions for payment means, was efficient in delivering digital products, with EBITDA growth of 15.1% over the same period last year, reaching record of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">R$ 28.2 million</span> with 47.4% EBITDA margin. CSU.Contact, which offers complete customer experience ...</p><p><a href=https://www.benzinga.com/pressreleases/21/05/n21020756/csu-posts-all-time-high-net-income-considering-first-quarters alt=CSU posts all-time high net income considering first quarters>Full story available on Benzinga.com</a></p> Banking/Financial Services Earnings Fintech Press Releases Fri, 07 May 2021 20:58:00 +0000 PRNewswire 21020756 at https://www.benzinga.com Checkout Made Safe and Seamless: How Heslo Pay's Biometric Security is Redefining E-Commerce https://www.benzinga.com/pressreleases/21/05/n21018216/checkout-made-safe-and-seamless-how-heslo-pays-biometric-security-is-redefining-e-commerce <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">CARLSBAD, Calif.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 7, 2021</span> /PRNewswire/ -- Amidst the digital renaissance, new technologies have emerged that have redefined the way both businesses and consumers go about their lives and processes. As the world navigates a new societal landscape with a heavier reliance on technology, both individuals and businesses have raised growing concerns regarding security and speed. Consumers require security and peace of mind when it comes to payments; businesses require speed and streamlined processes to encourage conversions. Historically, the two have yet to coexist in harmony, until now. Introducing <b xmlns="http://www.w3.org/1999/xhtml">Heslo Pay</b>; the only <i xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">passwordless one-click checkout button leveraging biometric security to ensure a safe and seamless checkout process for all parties.</b></i><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml"> </i></b></p> <p xmlns="http://www.w3.org/1999/xhtml">The world&#39;s largest companies rely on high-level authentication to not only thrive but function while protecting sensitive data. Until now, this technology has not been available to consumers and e-commerce companies around the globe. Heslo&#39;s latest app implements this ...</p><p><a href=https://www.benzinga.com/pressreleases/21/05/n21018216/checkout-made-safe-and-seamless-how-heslo-pays-biometric-security-is-redefining-e-commerce alt=Checkout Made Safe and Seamless: How Heslo Pay&#039;s Biometric Security is Redefining E-Commerce>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech New Products/Services Press Releases Fri, 07 May 2021 19:20:00 +0000 PRNewswire 21018216 at https://www.benzinga.com NFL's First Crypto Partnership: New York Giants And Grayscale Investments https://www.benzinga.com/markets/cryptocurrency/21/05/20982583/nfls-first-crypto-partnership-new-york-giants-and-grayscale-investments <p>The New York Giants joined forces with the largest digital asset manager in the space, Grayscale Investments marking NFL&rsquo;s first-ever cryptocurrency partnership.</p> <p><strong>What Happened: </strong>The Giants <a href="https://www.giants.com/news/grayscale-investments-first-cryptocurrency-partner-of-nfl-team" style="color:#0563c1; text-decoration:underline">announced</a> the exclusive partnership on Wednesday, calling Grayscale the team&rsquo;s &ldquo;Official Digital Currency Asset Management Partner&rdquo;.</p> <p>&quot;Our partnership with the Giants is incredibly meaningful because our roots are in New York,&quot; said Grayscale CEO, Michael Sonnenshein.</p> <p>In light of partnership, Grayscale will also be the Giant&rsquo;s home game sponsor, supporting sponsor of the ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/21/05/20982583/nfls-first-crypto-partnership-new-york-giants-and-grayscale-investments alt=NFL&#039;s First Crypto Partnership: New York Giants And Grayscale Investments>Full story available on Benzinga.com</a></p> $BTC Cryptocurrency Fintech football New York Giants News NFTs Sports Management Markets General $BTC News Cryptocurrency Fintech Sports Management Markets General Benzinga Fri, 07 May 2021 19:10:15 +0000 Samyuktha Sriram 20982583 at https://www.benzinga.com HKVAX Allies With TerraChain to Bring Security Tokens to Hong Kong https://www.benzinga.com/pressreleases/21/05/n21017607/hkvax-allies-with-terrachain-to-bring-security-tokens-to-hong-kong <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">HONG KONG</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 7, 2021</span> /PRNewswire/ -- HKVAX, a <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Hong Kong</span>-based virtual asset trading platform, has formed a strategic partnership with TerraChain, a security token issuance and management platform, to provide services for customers in APAC seeking to take advantage of security tokens (STOs).</p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Hong Kong</span> is one of the virtual asset friendliest and supportive cities in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Asia</span> and will soon become the main financial hub for tokenized securities (STOs).</p> <p xmlns="http://www.w3.org/1999/xhtml">HKVAX, short for Hong Kong Virtual Assets Exchange Limited, is a virtual asset exchange that provides professional virtual assets trading and customized services for institutions looking to invest in the virtual assets and financial technology sectors. As well as allowing institutions to safeguard their assets under the custodian arm.</p> <p xmlns="http://www.w3.org/1999/xhtml">TerraChain, is creating a truly efficient market for any type of security by providing the infrastructure necessary to create transparency into underlying assets &amp; companies. TerraChain has developed a system that pairs on-chain cashflow data with digital securities in order to make information equally available to all market participants at all times while automating the functionality of complex financial products such as asset-backed-securities. TerraChain ...</p><p><a href=https://www.benzinga.com/pressreleases/21/05/n21017607/hkvax-allies-with-terrachain-to-bring-security-tokens-to-hong-kong alt=HKVAX Allies With TerraChain to Bring Security Tokens to Hong Kong>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech Licensing/Marketing Agreements Press Releases Fri, 07 May 2021 18:45:00 +0000 PRNewswire 21017607 at https://www.benzinga.com New SEC Chairman Gary Gensler Confirms A Lot Of Cryptocurrencies 'Are Indeed Securities,' Paving The Way For New Legislation https://www.benzinga.com/markets/cryptocurrency/21/05/21014629/new-sec-chairman-gary-gensler-confirms-a-lot-of-cryptocurrencies-are-indeed-securities-pav <p>Gary Gensler, the new chairman of the Securities and Exchange Commission, believes that more regulation is required in crypto markets.</p> <p><strong>What Happened: </strong>In an interview with <a href="https://www.cnbc.com/2021/05/07/sec-chairman-gary-gensler-says-more-investor-protections-are-needed-for-bitcoin-and-crypto-markets.html" style="color:#0563c1; text-decoration:underline">CNBC</a> on Friday, Gensler said that &ldquo;greater investor protection&rdquo; in the realm of cryptocurrencies was the need of the hour.</p> <p>&ldquo;To the extent that something is a security, the SEC has a lot of authority. And a lot of crypto tokens &mdash; I won&rsquo;t call them cryptocurrencies for this moment &mdash; are indeed securities,&rdquo; he said.</p> <p>Drawing attention to the enforcement actions brought ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/21/05/21014629/new-sec-chairman-gary-gensler-confirms-a-lot-of-cryptocurrencies-are-indeed-securities-pav alt=New SEC Chairman Gary Gensler Confirms A Lot Of Cryptocurrencies &#039;Are Indeed Securities,&#039; Paving The Way For New Legislation>Full story available on Benzinga.com</a></p> $BTC CNBC cryptocurrencies Cryptocurrency Fintech Gary Gensler Government News Legal SEC Markets $BTC News Government Cryptocurrency Fintech Legal SEC Markets Benzinga Fri, 07 May 2021 18:18:59 +0000 Samyuktha Sriram 21014629 at https://www.benzinga.com Crypto Mining Might Be In Danger In The State Of New York With This New Bill https://www.benzinga.com/markets/cryptocurrency/21/05/20960158/crypto-mining-might-be-in-danger-in-the-state-of-new-york-with-this-new-bill <p>A bill proposed in the New York State could force local miners of <strong>Bitcoin</strong> (CRYPTO: BTC) and other crypto assets to move or stop their activities for three years.</p> <p><strong>What Happened:</strong>&nbsp;<a href="https://legislation.nysenate.gov/pdf/bills/2021/S6486" rel="noopener nofollow" target="_blank">The New York Senate Bill</a>&nbsp;6486 was proposed by a Democrat&nbsp;senator and Chairman of Committee on Energy and Telecommunications, Kevin S. Parker.&nbsp;</p> <p>It was co-sponsored by the Chair of Committee on Aging, Chair of Legislative Commission on Rural Resources and&nbsp;Democrat senator Rachel May.</p> <p>The bill is aimed to enforce ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/21/05/20960158/crypto-mining-might-be-in-danger-in-the-state-of-new-york-with-this-new-bill alt=Crypto Mining Might Be In Danger In The State Of New York With This New Bill>Full story available on Benzinga.com</a></p> $BTC Bitcoin crypto mining cryptocurrencies Cryptocurrency environment Fintech Government new york News Regulations Legal Markets General $BTC News Government Cryptocurrency Regulations Fintech Legal Markets General Benzinga Fri, 07 May 2021 17:40:25 +0000 Adrian Zmudzinski 20960158 at https://www.benzinga.com Spinwheel Announces $11M in New Capital for Consumer Debt API Infrastructure Platform to Better Manage and Pay Consumer Debt within Applications https://www.benzinga.com/pressreleases/21/05/n21016570/spinwheel-announces-11m-in-new-capital-for-consumer-debt-api-infrastructure-platform-to-better-man <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">OAKLAND, Calif.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 7, 2021</span> /PRNewswire/ -- <u xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3156427-1&amp;h=4292521124&amp;u=https%3A%2F%2Fspinwheel.io%2F&amp;a=Spinwheel" rel="nofollow" rel="nofollow">Spinwheel</a></u>, the platform that lets companies embed consumer debt solutions in their applications, today disclosed fundraising of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$11 million</span> led by QED Investors with participation from Core Innovation Capital, Fika Ventures, and Firebolt Ventures.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1505669/Spinwheel_Logo.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1505669/Spinwheel_Logo.jpg" title="Spinwheel Logo" alt="Spinwheel Logo" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml">Spinwheel is a modern loan infrastructure startup that helps Americans get out of debt sooner by making it possible to embed the application, payment and management of loans into the apps people use the most. By increasing access, choice, and transparency, Spinwheel aims to improve outcomes and shorten the debt lifecycle for all borrowers and their loved ones. It has already partnered with a number of leading brands, and plans to use its funding to accelerate sales, marketing ...</p><p><a href=https://www.benzinga.com/pressreleases/21/05/n21016570/spinwheel-announces-11m-in-new-capital-for-consumer-debt-api-infrastructure-platform-to-better-man alt=Spinwheel Announces $11M in New Capital for Consumer Debt API Infrastructure Platform to Better Manage and Pay Consumer Debt within Applications>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech Mobile devices/Apps Venture Capital Press Releases Fri, 07 May 2021 17:32:00 +0000 PRNewswire 21016570 at https://www.benzinga.com Bitpanda Announces Series B Extension To Build Institutional Offering https://www.benzinga.com/pressreleases/21/05/n21016547/bitpanda-announces-series-b-extension-to-build-institutional-offering <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">VIENNA</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 7, 2021</span> /PRNewswire/ -- The <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Vienna</span> based fintech Bitpanda raises further €10M as an extension of its Series B round and bringing in extensive know-how to strengthen its institutional offering in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Europe</span> ranging from referral solutions all the way to custom build comprehensive tech integrations. Services will be integrated into apps and allows users to invest in all assets - whether it&#39;s a fintech, multi-bank, robo advisor, traditional bank or online platform.  </p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1505736/Bitpanda_FOUNDERS.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1505736/Bitpanda_FOUNDERS.jpg" title="Bitpanda founders: Christian Trummer, Paul Klanschek, Eric Demuth" alt="Bitpanda founders: Christian Trummer, Paul Klanschek, Eric Demuth" /><br /> ...</a></p></div><p><a href=https://www.benzinga.com/pressreleases/21/05/n21016547/bitpanda-announces-series-b-extension-to-build-institutional-offering alt=Bitpanda Announces Series B Extension To Build Institutional Offering>Full story available on Benzinga.com</a></p> Banking/Financial Services Financing agreements Fintech Venture Capital Press Releases Fri, 07 May 2021 17:31:00 +0000 PRNewswire 21016547 at https://www.benzinga.com 'I Know Where The DOGE Money Is Going Next,' Says Grayscale CEO As Ethereum Classic, Bitcoin Diamond Skyrocket https://www.benzinga.com/markets/cryptocurrency/21/05/21009414/i-know-where-the-doge-money-is-going-next-says-grayscale-ceo-as-ethereum-classic-bitcoin-d <p>Altcoins like Bitcoin Diamond and Ethereum Classic seem to have come out from hibernation, with some recording weekly gains in excess of 300%.</p> <p><strong>What Happened: </strong>Leading this week&rsquo;s crypto rally was Ethereum Classic (ETC), which surged 340% in seven days from $35 to $154.</p> <p>Formed as a result of a contentious hard fork of the Ethereum blockchain, <a href="https://twitter.com/morales_eth/status/1390300785989144581" style="color:#0563c1; text-decoration:underline">development</a> and utility of the chain itself has been called into question despite Ethereum Classic being the &ldquo;original Ethereum.&rdquo;</p> <p>Its creators and miners moved on to the Ethereum blockchain, leaving Ethereum Classic far behind in terms of market cap.</p> <p>Since July 2016, the coin traded between $2 and $33 dollars, until this week&rsquo;s rally added $13 billion to its market cap making it the 13<sup>th</sup> largest at the time of writing.</p> <blockquote class="twitter-tweet"><p>So looks like <a href="https://twitter.com/search?q=%24ETC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETC</a> ...</p></blockquote><p><a href=https://www.benzinga.com/markets/cryptocurrency/21/05/21009414/i-know-where-the-doge-money-is-going-next-says-grayscale-ceo-as-ethereum-classic-bitcoin-d alt=&#039;I Know Where The DOGE Money Is Going Next,&#039; Says Grayscale CEO As Ethereum Classic, Bitcoin Diamond Skyrocket>Full story available on Benzinga.com</a></p> $BTC $ETH Bitcoin cryptocurrencies Cryptocurrency dogecoin Ethereum Fintech News Management Markets Trading Ideas $ETH $BTC News Cryptocurrency Fintech Management Markets Trading Ideas Benzinga Fri, 07 May 2021 17:20:10 +0000 Samyuktha Sriram 21009414 at https://www.benzinga.com Carzato announces partnership with AutoLeadStar https://www.benzinga.com/pressreleases/21/05/n21016346/carzato-announces-partnership-with-autoleadstar <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">SAN MARINO, Calif.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">May 7, 2021</span> /PRNewswire/ -- Carzato, a leader in automotive online services, announces the roll out of their Certified Pre-Owned Vehicle (CPOV) feature, allowing car dealerships to sell CPOV&#39;s online utilizing their cross-tier and brand-customizable online car-buying tool that routes high-intent shoppers directly to dealerships.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1504250/Carzato_Javier_O_Ruiz.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1504250/Carzato_Javier_O_Ruiz.jpg" title="Javier O. Ruiz, Carzato CEO &amp; Co-Founder" alt="Javier O. Ruiz, Carzato CEO &amp; Co-Founder" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml"></p> <div xmlns="http://www.w3.org/1999/xhtml" id="divReleaseHighlight3d7a" contenteditable="false" style="BORDER-TOP: gray 1px solid; WIDTH: 200px; BORDER-BOTTOM: gray 1px solid; POSITION: relative; FLOAT: left; BORDER-LEFT-COLOR: gray; COLOR: gray; TEXT-ALIGN: justify; MARGIN: ...<p><a href=https://www.benzinga.com/pressreleases/21/05/n21016346/carzato-announces-partnership-with-autoleadstar alt=Carzato announces partnership with AutoLeadStar>Full story available on Benzinga.com</a></p> automotive Banking/Financial Services Fintech New Products/Services Transportation/Trucking/Railroad Press Releases Fri, 07 May 2021 17:18:00 +0000 PRNewswire 21016346 at https://www.benzinga.com Citi Considers Launching Bitcoin Custody, Crypto Trading https://www.benzinga.com/markets/cryptocurrency/21/05/21008232/citi-considers-launching-bitcoin-custody-crypto-trading <p>Major currency trading bank <strong>Citigroup Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/c#NYSE">C</a>) is considering the launch of services dedicated to <strong>Bitcoin</strong> (CRYPTO: BTC) and other crypto assets.</p> <p><strong>What Happened:</strong>&nbsp;According to The Financial Times <a href="https://www.ft.com/content/d90ed3bf-2c8d-46c9-98b7-67859f6598e5">report</a>, Citigroup&#39;s&nbsp;global head of foreign exchange&nbsp;Itay Tuchman said that the bank is considering launching Bitcoin and other crypto services due to&nbsp;surging interest in Bitcoin from asset managers and hedge funds.</p> <p>He admitted that the institution has not yet decided whether it intends to launch those products&nbsp;but admitted that&nbsp;custody and financing were all under consideration.</p> <p>&ldquo;There are different options ...</p><p><a href=https://www.benzinga.com/markets/cryptocurrency/21/05/21008232/citi-considers-launching-bitcoin-custody-crypto-trading alt=Citi Considers Launching Bitcoin Custody, Crypto Trading>Full story available on Benzinga.com</a></p> Bitcoin BTC C cryptocurrencies Cryptocurrency Fintech News The Financial Times trading Markets Tech Media Trading Ideas BTC US2036121067 C US1729674242 News Cryptocurrency Fintech Markets Tech Media Trading Ideas Benzinga Fri, 07 May 2021 16:39:37 +0000 Adrian Zmudzinski 21008232 at https://www.benzinga.com Square Reports Q1 Earnings: What Do Analysts Think? https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21013325/square-reports-q1-earnings-what-do-analysts-think <p><strong>Square Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sq#NASDAQ">SQ</a>) shares traded higher by 6% on Friday morning after the company reported a <strong>Bitcoin</strong> (CRYPTO: BTC)-fueled surge in first-quarter revenue.</p> <p>For the first quarter, Square reported 41 cents in EPS on revenue of $5.06 billion. Both numbers beat consensus analyst estimates of 16 cents and $3.36 billion, respectively. Revenue was up 266% from a year ago.</p> <p><em>Related Link: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/21/05/20991632/uber-analysts-bullish-after-q1-report-mobilitys-recovery-continues-to-progress">Uber Analysts Bullish After Q1 Report: &#39;Mobility&#39;s Recovery Continues To Progress&#39;</a> </em></p> <p>Gross profit from the company&rsquo;s Cash App was up $171&nbsp;to $495 million.</p> <p>Square also reported $3.5 billion in Bitcoin revenue and $75 million in Bitcoin gross profit in the quarter. Square said it lost $20 million on the $170 million worth of Bitcoin it purchased in February, as of March 31. Square said it now holds roughly $472 million in Bitcoin.</p> <p><strong>Multiple Growth Drivers:</strong> BTIG analyst Mark Palmer said Square&rsquo;s report demonstrates ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21013325/square-reports-q1-earnings-what-do-analysts-think alt=Square Reports Q1 Earnings: What Do Analysts Think?>Full story available on Benzinga.com</a></p> Analyst Color Bank of America btig Earnings Fintech Jason Kupferberg Josh Beck KeyBanc Mark Palmer Mayank Tandon Needham News Rosenblatt Securities Sean Horgan SPY SQ Price Target Analyst Ratings SPY US78462F1030 SQ News Analyst Color Earnings Fintech Price Target Analyst Ratings Benzinga Fri, 07 May 2021 16:14:29 +0000 Wayne Duggan 21013325 at https://www.benzinga.com