The European Union have recently granted Bitpanda a payment license to expand its services in Austria. The news was confirmed by the cryptocurrency brokerage platform in its official blog post made public on April 4. The managing director, Philip Bohrn then explained in the blog, Our goal is to bridge the gap between the modern and traditional financial world.”
A popular messaging app in Asia Line plans to enter into digital payment and other fintech services. Jungho Shin, the founder of Line, said that, “My biggest priority is to ensure that the company is in a constant position to deliver innovation. As many cases in the US and Europe show, the fear is that we will become big and sluggish.”
XRPL Labs, a start up backed by Ripple is building a new Ripple (XRP) payment app for both Android & iOS. Wietse Wind founder of XRPL Labs has said “Getting ready for $XRP payments for the Community Meetup next month (in Amersfoort, the Netherlands) App will be released for store owners in the App store and Play store soon.”
2019 haven’t been smooth for the exchange Globitex due to bearish trend, but its CEO remains a optimist. Exchange’s CEO, Uldis Teraudkalns launched a new product – the EURO Wallet. This will grant Globitex users access to a personal IBAN number, allow them to send and receive euro SEPA payments and make instant deposits and withdrawals.
The Cointal, a cryptocurrency marketplace based in London targets to implement unique Unity Service. The users can trade with various cryptocurrencies such as Ethereum, Bitcoin, Ripple and other by using Paypal, ACH/ SEPA transfers, credit cards and other payment systems. The company was able to process $15 million worth transactions. It also proceeds to launch an ICO soon.
An aerospace design engineer purchased a real estate property using bitcoin cash. Cary Kuo obtained a three bedroom house in Tukwila, Washington, worth $415,000. The 10% down payment was met with the bitcoin cash holdings after huge bureaucracy.
The Revolut App emerges as the second mobile banking startup by accepting payments and through crypto-currencies traded. The company added litecoin and ether to its platform. The digital currencies held by the users will act as the debit card for Revolut. When a user falls short of currency while making payment, the app converts the required digital currency during the shortfall.