In today’s FinTech news, Block, formerly known as Square, wants people to stop thinking of them as a payments-only company and will now be emphasizing its music streaming and cryptocurrency divisions. Plus, gamblers using Hard Rock Sportsbook can now move money back and forth in real time between their bank account and digital wallet.
Enterprise software startup Bamba is using its seed capital to hire additional talent for its engineering team, enhance its app and grow its user base. The company is based in Nairobi, Kenya, and develops mobile-first enterprise software for micro-merchants in Africa. The $3.2 million round was led by 468 Capital.
Hard Rock Sportsbook is now offering players the ability to instantly deposit funds to and from their gaming wallet to their bank account. The sports gaming platform partnered with Nuvei and uses its Instant Bank Transfer technology, which is integrated with The Clearing House’s real-time payments (RTP) network.
Block is moving to reposition...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...