MobileCoin, the startup known for building Signal’s crypto payments feature, has appointed a new CEO as it works on expanding its encrypted money transfer service to global users in need of a mo
The crypto payments space is seeing a surge of activity these days as developers strive to make decentralized finance as user-friendly as web2 experiences. Eco Inc., an a16z-backed payments startup th
Facebook is pulling away from its ambitions to provide peer-to-peer money transfers via Messenger in Europe. Today, the company announced that it would be discontinuing the service — which let i
Move over stickers and games: Japanese messaging app firm Line has announced it’s raising around 148.1 billion yen ($1.33BN) through convertible bonds to fund aggressive expansion into the fina
PayPal-owned, peer-to-peer payments app Venmo is ending web support for its service, the company announced in an email to users. The changes, which are beginning to roll out now, will see the Venmo.co
The PayPal partnerships keep coming. The still growing payments giant today announced a new deal with Skype that will allow users in 22 countries worldwide to send money to other Skype users through a
People often use the term “time machine model” in Japan. It refers to the lag with Silicon Valley when it comes to startups and innovation. When a time machine model gains momentum locally, usuall
The U.S. banking industry’s answer to Venmo has now arrived. Starting this month, a new, person-to-person payments network called Zelle will roll out to the over 86 million mobile banking custom
Social payments app Verse has closed a $20.5 million Series B round of funding from its existing investors. The round is led by Spark Capital, with eVentures and Greycroft Partners also participating.
Google Wallet has been integrated into Gmail on the web since 2013, but today Google is rolling out a new integration on mobile. Starting today, users of the Gmail app on Android will be able to send
Only a couple of months after the official launch, German startup Cookies announced on its blog that it is filing for bankruptcy. According to the blog post and discussions I had with multiple sources
Another player in the packed p2p payments space is announcing an $8.3 million Series A funding round today. SF and Barcelona based Verse is gunning to be the Venmo of Europe -- given Venmo hasn’t ye
Circle has lit up two more European markets as it works to rapidly build out its presence in the region. Users of the P2P payments app in Spain and Ireland can now connect any Spanish or Irish bank ac