PayPal expands crypto services to Luxembourg

Payments giant PayPal will allow customers in Luxembourg to buy, sell and hold Bitcoin, Ethereum, Litecoin and Bitcoin Cash in their accounts. “Adding Luxembourg is an important step in PayPal’s...

Nu Holdings’s Q3 profit bests estimate; shares rise

Nu Holdings reported a surprise net profit of $7.8 million, besting analyst expectations for a net loss of $9 million. The Sao Paulo-based neobank’s third-quarter revenue totaled $1.3 bill...

Y Combinator backs payment startup Ping in $15 million seed round

Ping, a new freelancer-focused neobank, raised $15 million in a seed round as it plans to expand its focus from Latin America to new regions. Firms including Y Combinator, Race Capital, BlockTow...