Finance

PayTech Cardstream Partners Pith Qi Digital To Empower Digital Currencies

PayTech company Cardstream (PR42 profile) has partnered with cryptocurrency company Qi to make it simpler for merchants worldwide to accept digital currencies. Cardstream processes card payments globally and also offers emerging and local payment methods for some regions and consumers.

Mastercard Acquires Stake Of FinTech Treezor

Fintech Treezor (PR42 profile) has gained a new investor in Mastercard.Mastercard is investing in its partnership with Treezor, the fintech subsidiary of bank Société...

Another BaFin Executive Fired Over Wirecard Scandal!

German regulator BaFin is parting ways with its executive director Beatrice Freiwald after a months-long legal dispute. The supervisor is leaving "by virtue of a decision by the German government as a member of Bafin's board of directors," the authority announced on Tuesday evening.

FinTech StartUp Tymit Raised $26 Million In Series A Funding Rund

Tymit is a credit company that offers traditional credit cards and a “buy-now-pay-later” service. The UK-based FinTech has now closed a $26 million funding...

Zurich FinTech Crealogix Burned Half Of Its Cash!

Crealogix is almost systemically crucial for the financial centre. From Aargauische Kantonalbank to Cler, Credit Suisse and Julius Bär to Raiffeisen and ZKB, all have ebanking solutions from the Zurich-based company. Now they may be worried about the company's financial situation. As of June 30, revenues are down 15%, with a loss of 13 million francs. The cash position halved to 14 million franc.

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