Hong Kong Fintech Startup Reap Raises $40 Million For Web3 Payments

Reap’s cofounders Daren Guo (left) and Kevin Kang. Reap Reap, a digital payment company based in Hong Kong, has netted $40 million in a funding round aimed at developing infrastructure to help f...

Spanish telecom giant Telefonica enables crypto payments via Bit2Me: CoinDesk

Telefonica, the $19 billion Spanish telecom giant, is allowing the use of cryptocurrency for purchases on its Tu.com marketplace. The cryptocurrency payment integration for Tu.com comes as the result ...

Circle acquires payment services firm Elements

Circle has acquired payment services firm Elements as it looks to scale its own offerings. Jeremy Allaire’s firm hopes to lower the barrier to entry for merchants looking to access the next gene...

Bolt backs off $1.5 billion Wyre deal: Axios

One-click checkout company Bolt backed out of a $1.5 billion dollar acquisition of crypto payment provider Wyre, Axios first reported. When it was announced, it was one of the largest non-SPAC crypto ...