fintechs

A timeline of fintech’s involvement in crypto in 2020 thus far

A timeline of fintech’s involvement in crypto in 2020 thus far

2020 was a significant year for fintech firms and their activities in the crypto space.  As the timeline below — produced by The Block Research — shows, fintechs like PayPal and Square made significant splashes on the crypto front. Earlier this month, Square drew headlines for its move to buy $50 million in bitcoin.  But …

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Fintechs are moving into bitcoin, but expect crypto startups to stay on their home turf

Fintechs are moving into bitcoin, but expect crypto startups to stay on their home turf

Square, SoFi, and soon PayPal.  The list of financial technology companies that have jumped on the crypto bandwagon continues to grow. And it makes sense — fintechs stand to cash in on such offerings, which can be more profitable than stock trading offerings, in some instances. It also provides fintechs with a way to expand …

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Feds add fintechs PayPal, Intuit to emergency coronavirus loan program

Feds add fintechs PayPal, Intuit to emergency coronavirus loan program

Fintech companies PayPal and Intuit were approved by the Small Business Administration (SBA) to distribute funds as part of the U.S. agency’s emergency lending program, enacted amid the ongoing coronavirus pandemic. PayPal and Intuit released statements on April 10, declaring their participation after the SBA’s approval, according to coverage by CNBC. The SBA plans administer …

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