Lender Better.com Plans SPAC Listing in August
Digital Mortgage Lender Better.com plans to become a public company by the end of August.
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PayPal Launches New Crypto Feature: Select Users Are Soon to Test Cryptocurrencies Hub
To be eligible for the new Cryptocurrencies Hub, a PayPal user must have “a personal PayPal account and a Balance Account in good standing”
British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects
The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.
US Government Gives Green Light to First National Direct Air Capture (DAC) Projects
The Project Cypress by Battelle and clean technology developers Climeworks and Heirloom received Notification of Selection from the U.S. Department of Energy (DOE) for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program
Researchers Develop AI System to Track Crypto Giveaway Scams
The AI system discovered over 95K scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the X (former Twitter) social network
SEC Delays Its Verdict on Spot Bitcoin ETF
The US securities regulator extended the decision deadline on a joint spot bitcoin ETF application from ARK/21Shares and sought public comment
FinMont to Partner With Chargebacks911
The global payment organization platform FinMont announced the beginning of cooperation with the company for the management of chargebacks Chargebacks911.
Cartwheel Integrates With Toast Partner Ecosystem
Cartwheel, the on-demand delivery management platform, announced integration with the Toast partner ecosystem.
LuLu Group Raises $2.72 Billion
LuLu Group International, which is based in Abu Dhabi and owns one of the largest hypermarket chains in the Middle East, is raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of the expected initial public offering (IPO).
Crypto Company Circle to Expand Its Product Line
The Circle Internet Financial crypto company hopes that its $1 billion cash reserve will allow it to withstand the process of competition from so-called non-crypto firms like PayPal Holdings.
Marketplace Instacart Expands SNAP Payment Acceptance
Instacart, an online grocery store, announced the start of accepting electronic payments under the Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) throughout the United States.
Serve Robotics Raises $30 Million
The company Serve Robotics announced the completion of a public deal and the raising of $30 million in financing.
Moove Raises $76 Million to Transform Financial Services for Mobile Gig Workers
The funding round led by Mubadala and BlackRock brought African-born, global mobility fintech Moove $76M to accelerate its expansion
Argentinian Regulator Investigates Worldcoin
The Agency for Access to Public Information in Argentina adds to the list of government bodies globally investigating Worldcoin over privacy concerns
RBI Introduces Conversational Payments With AI Involved
The Reserve Bank of India is using innovative fintech developments to strengthen the country’s UPI payment system with AI-powered “conversational” payments
Ukraine Drafts Digital Artefact Legislation
Digital artefacts and related content are to become new objects of civil rights in Ukraine, opening up new legal ways of money-making for Ukrainians
