Finance

Payback Kicks Out N26

Payback users can usually convert their points into money. This is done via SEPA transfer to a checking account. However, this is currently no...

Prosecutor’s Office Closes Investigation Into Fraud In The Sale Of Payvision To ING

The public prosecutor's investigation into the sale of Amsterdam fintech company Payvision to ING has been stopped. The public prosecutor's investigation into the sale of...

Crypto Lender BlockFi Is Insolvent

Following the collapse of the cryptocurrency exchange FTX, the U.S. bank BlockFi, which specializes in virtual currency, has now also filed for bankruptcy. More broadly,...

Texas Launches Investigation Into Tom Brady And Other Celebs Over FTX

NFL superstar Tom Brady and basketball player Stephen Curry and other US celebrities are facing an investigation by the Texas financial regulator regarding the...

Crypto Exchange Bitpanda Receives A BaFin License

The German Federal Financial Supervisory Authority BaFin grants Bitpanda the "license for custody and proprietary trading of crypto assets". The company, which is registered as...

BlockFi Facing Insolvency

After the bankruptcy of FTX, BlockFi is also facing bankruptcy. Payouts were already stopped last week. The bankruptcy of crypto exchange FTX has sent shockwaves...

Airbank Becomes Friday Finance

Airbank" becomes "Friday Finance": Similar to some other fintechs, the word "bank" disappears from the name. Most recently, Solaris deleted this addition from the...

Fidor Bank Will Be Liquidated!

Based on exclusive information from Finanz-Szene, Fidor Bank is to be liquidated by mid-2024. Six years after the takeover, the major French bank BPCE, which...

The Many Losers Of The FTX Collapse And Its Devastating Consequences!

In the FTX crash, the crypto market has been in a state of shock. Celebrities such as the U.S. football star Tom Brady are among those affected. Slowly, the full extent of the FTX crash is becoming visible. Sam Bankman-Fried's crypto exchange had signed big-name investors and promotional deals, including Brady and his ex-wife, the Victoria-Secret model Gisele Bündchen, and NBA legend Stephen Curry. Not just promote faces, but also capital providers such as BlackRock and Kraken are among the losers of the FTX crisis.

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