The US Weekly Newsletter powered by Marcel van Oost
Marcel van Oost - FinTech News USA
Connecting the dots in FinTech...
REPORT
?? NEWS HIGHLIGHT
The Supreme Court on Tuesday allowed a court order to take effect that could loosen Apple's grip on its lucrative iPhone app store, threatening to siphon billions of dollars away from one of the world's most profitable companies.,
The justices rejected Apple's appeal of lower-court rulings that found some of Apple’s app store rules for apps purchased on more than 1 billion iPhones constitute unfair competition under California law.
?? SPONSORED CONTENT
Only 2 weeks left to get your Fintech Meetup tickets! Don't miss 45,000+ meetings at Q1's BIG Fintech Event. Room Block 75% Sold out - Register & Book Room now!?
??INSIGHTS
NOW, ON TO THE SUMMARY OF LAST WEEK'S?NEWS
???? NATIONAL HIGHLIGHTS
?? Panacea Financial has raised $24.5 million in a Series B funding round
?? Current to offer free in-app tax service Partner with Column Tax.
领英推荐
?? Mastercard announces development of inclusive AI.
?? Ramp has surpassed Brex in Total Payment Volume.
?? Do you want to have access to the best deal flow in FinTech? And/or do you want to invest alongside me and 1000+ other FinTech Angel investors?
DIGITAL BANKING
Fiserv seeks special purpose bank charter. The special purpose charter would allow Fiserv to own the transaction end-to-end, eliminating third-party risk.
Tower Community Bank Taps FintechOS to Offer Lending Solutions at the Point-of-Sale. This strategic move has enabled Tower to retain its traditional values while enhancing customer.
High Circle, Treasury Prime and FirstBank combine on BaaS initiative. As part of this partnership, High Circle is providing a financial technology platform to provide access to commercial checking accounts.
CRYPTO
Spot bitcoin ETFs surpass $1B in trade volumes after first 30 minutes. Total trading volumes for BlackRock, Fidelity and Grayscale products exceeded $1 billion in the first 30 minutes of trade.
SEC’s bitcoin ETF tweet fiasco may end in fraud charges, lawyers say. Markets whipsawed, X (formerly Twitter) said the SEC didn’t have two-factor authentication enabled.
After Bitcoin, Will the SEC Greenlight Spot Ethereum (ETH) ETF This Year? The US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF earlier this week.
‘Bitcoin Has No Value’: JP Morgan’s Jamie Dimon Said. JP Morgan CEO and longtime Bitcoin critic Jamie Dimon again came out against the number one digital currency.
DONEDEAL
Karma Wallet goes live with $2 million capital injection. This launch heralds a new era of impact-driven, conscious consumerism.
Downpayments launches in Florida with $32.8m in debt and equity funding. The company says it plans to use its initial capital to facilitate over $200 million in investment property transactions.
KlariVis Raises $11M in Series B Funding. The company intends to use the funds to further advancements in engineering.
Pier banks $2.4M to launch ‘Stripe for credit’. Pier is a SaaS model and charges a monthly fee that includes a monthly minimum plus a usage fee based on loan volume
MOVERS & SHAKERS
InvestCloud Names Former Fiserv CEO Jeff Yabuki as Chairman and CEO. The appointment comes as firms are shifting from a growth-at-all-cost mindset to one of growth at a sustainable pace.