Payments

Beacon based Commerce Gets a Boost; Twitter Invests in Swirl

Twitter Ventures, the investment arm of Twitter Inc., has made a strategic investment in Swirl Networks Inc., a leading provider of proximity based indoor mobile marketing platforms. Swirl is known for leveraging Bluetooth Low Energy and Apple’s iBeacon technology. Now it seems that Twitter also wishes to leverage beacon technology...

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Blockchain

Goldman Sachs Leads Bitcoin Startup Circle’s $50 Million Funding

Bitcoin startup Circle has closed a new $50 million strategic investment round co-led by Goldman Sachs and IDG Capital Partners. Goldman Sachs and China-based IDG Capital Partners were joined by all of Circle’s existing investors in the round, including Breyer Capital, General Catalyst Partners, Accel Partners, Oak Investment Partners, Fenway...

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Payments

MX, a Leading PFM Solution Provider has Raised $30 Million

MX, a leading financial technology provider that enables its online banking, mobile banking, and financial institution partners to provide comprehensive solutions in Digital Money Management / Personal Financial Management (DMM/PFM) and omni-channel banking, has announced that it has raised $30 million in Series A financing, led by USAA via a...

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Enabling Technologies

Will the European MNOs Stay in the NFC Wallet Game?

NFC payments are evolving as a result of network providers enabling their NFC wallet services to make payments via smartphones. Vodafone Wallet, which had earlier enabled users in certain European countries to add loyalty cards to the Vodafone Wallet, has moved a step further by enabling customers in the Netherlands...

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