Fintech

Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion in Major Crypto Payments Move

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Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion in Major Crypto Payments Move

According to TechCrunch founder Michael Arrington, Stripe, the fintech giant, has acquired the stablecoin payment platform Bridge in a landmark $1.1 billion deal. This acquisition stands as Stripe’s largest to date and sets a new valuation benchmark within the cryptocurrency sector. Bridge, founded by experienced entrepreneurs Sean Yu and Zach Abrams, is a prominent provider … Read more

WellxPay Allegedly Operating as a Fraudulent Payment Gateway in Bangladesh

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WellxPay Allegedly Operating as a Fraudulent Payment Gateway in Bangladesh

WellxPay, a fintech company, is accused of creating financial pitfalls in Bangladesh by making misleading statements about holding a valid license from the central bank and establishing formal partnerships with well-known personalities and institutions. The company claimed to foreign media outlets that it had obtained the Payment Service Operator (PSO) license from the Bangladesh Bank … Read more