Startup fever has gripped the Middle East and North Africa (MENA) region. Last year was once again a record year, with 366 deals, attracting $893 million in investment, according to the latest report from Magnitt, a Dubai-based entrepreneurs’ network. That was modest...
JPMorgan analysts have suggested that Bitcoin could join gold as a reliable way to store wealth. The report follows the bank’s chief executive and chairman, Jamie Dimon, warning that the cryptocurrency will ‘blow up’ in the future. Countingup, a...
PayPal has announced that customers can now use PayPal to fund an account with Acorns, the US investing platform. Also, Paypal has introduced a chat extension that allows users to create and send invoices within Facebook Messenger. In addition to that, PayPal has...
CPP has launched a new service called the ‘Lasu’ card which tracks an individual’s wallet. The card contains a Bluetooth tracker which fits into a wallet and syncs with a smartphone app to ensure constant monitoring. Then if a user is unable to locate their wallet and...
Sunday Times has reported that the fees that three of the UK’s largest banks receive from credit and debit card transactions has decreased by 20% to £3bn since 2014. Lloyds Banking Group has seen transaction fees fall by 16% to £875m since 2014. Royal Bank of...
Aviva and Founders Factory have announced the first five start-ups selected for its fintech programme and the launch of a new start-up to make social care easier. The five start-ups which will receive a range of operational, business and technical support are: Luther...
