Category: Mastercard
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Stripe’s $1.1 Billion Bet on Stablecoin Infrastructure with Bridge Acquisition
Stripe, once wary of crypto, has acquired Bridge, a startup focused on stablecoin payments, for $1.1 billion. Bridge processed $5 billion annually, but Stripe’s interest lies in the team’s expertise and the product’s readiness to scale stablecoin-based financial services. With stablecoins processing $7 trillion in 2022, Stripe sees them as a modern alternative to legacy…
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Revolut’s New UK Banking Licence: A Game-Changer in Fintech
Revolut, the largest fintech by valuation, has secured a UK banking licence after a three-year regulatory approval process. Granted by the Prudential Regulation Authority, the licence is in the mobilisation stage, allowing Revolut to build its operations under certain restrictions. This stage provides time to finalise IT infrastructure, governance, and risk management frameworks. Revolut can…
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MASTERCARD FOUNDATION HOSTS FIRST EDTECH CONFERENCE IN NIGERIA
The Mastercard Foundation is organizing its first EdTech Conference from July 8 to 10, 2024, through its Centre for Innovative Teaching and Learning. This event will occur every two years and is being held in collaboration with the Federal Government of Nigeria at the Hilton Transcorp in Abuja, Nigeria. The 2024 Mastercard Foundation EdTech Conference…
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