Visa and popular bitcoin cashback app Fold are ready to introduce customers to the first debit card which provides users with a bitcoin rewards program.

Monzo already implemented voluntary employee furloughs and salary cuts in the U.K.

Chime, the biggest U.S. digital bank start-up, is piloting a way for its users to receive their federal $1,200 stimulus checks instantly.

Last week Revolut announced that it will provide cryptocurrency to all seven million customers.

Chinese mobile payment platform operated by Ant Financial – Alipay came up with initiatives to support small businesses in Wuhan as the city remerges from the lockdown period due to the COVID-19 pandemic.

Starling Bank has just announced the 'Connected card'. This is a second card that customers can link to their existing accounts and give it to anyone they trust to pay for groceries and other essential items on their behalf.

Salt Lake City-based personal finance giant SoFi just announced it plans to acquire financial technology firm Galileo.

Traditional banks every year lose their position in the market. The classical model of a financial intermediary is becoming obsolete, and un innovative neobanks have turned into profitable business projects.

Blossom Capital’s ‘Cultivate’ is an angel program seeking to back European unicorns. Ophelia Brown from BC has described it as “the first-of-its-kind investor platform.”

Open banking allows financial institutions to share financial information with each other securely.

Curve is a digital banking platform that consolidates multiple cards and accounts into one smart card and app.

Recent years have witnessed a rapid growth of the entire fintech industry, forced by the increasing use of mobile apps for digital payments and the growing interest in financial technology solutions

Nordic challenger bank Lunar that has offices across Denmark, Sweden and Norway, has landed an additional $21.6 million (€20 million) in Series B funding round.

Finch Capital released a detailed analytical report titled ‘FinTech: The Future Post CV-19’ which discusses the challenges and opportunities that the sector will face both during, and more significantly after, the crisis.

The Icelandic challenger called Indó just raised €1m in seed funding in three rounds, with the last one having more than 30% excess demand.