With the launch of iOS 10 on Sept. 13, new payment functionality was enabled for Siri, iOS’s voice-activated virtual assistant, and iMessage, Apple’s text-based messaging platform. The first wave of payments apps on Apple’s newly platformized apps are: Venmo, the P2P payments platform from PayPal; Square Cash, from mobile payments serviceRead More
Post Tagged with: "Circle"
It seems like Circle has cryptocurrency all figured out. The point of Bitcoin isn’t just to use Bitcoin, despite what anarchists might think — it’s about using the digital currency to enable smoother, easier financial transactions. Circle has always gotten this, and that’s why it is moving from success to success inRead More
While private initiatives seek to capitalize on distributed ledger technology, academics are turning their attention to bitcoins. It’s been an open secret for some time that as blockchain has soared to ever greater heights, bitcoin’s reputation has suffered (though its value as a commodity has held fairly steady this year.)Read More
This week, “Breaking Banks” recounts the history of Bitcoin, and how, despite ambivalent public opinion over the past seven years, fintech professionals and pundits have given it their silent support. After this introduction, the current status of blockchain is discussed by guests Michael J. Casey from the MIT Media Lab; ChrisRead More
Where is Circle going? Last week, consumer bitcoin app Circle revealed it was the first company to be granted a BitLicense by New York State (license number BL 000001), and also noted that it will enable peer-to-peer transactions in dollars, without involving bitcoins in any way. This amounts to investing a largeRead More
In announcing that it had raised $50 million of venture funding, Circle extolled China’s status as a font of innovation. “China is today the center of innovation in mobile apps and digital finance,” Circle wrote in its press release. Well, not exactly. I returned yesterday from my second trip in asRead More
Circle just raised $50 million, but we’re guessing it didn’t rush to convert those dollars to bitcoins. Circle has perhaps the slickest user experience of the many bitcoin-related startups that blossomed in the last few years. As a consumer play for using bitcoins, Circle is as good as it gets.Read More
Conventional wisdom has banks watching Bitcoin with great wariness, but two recent moves may suggest otherwise. Bitcoin successfully luring executives from financial services powerhouses shows a vote of confidence in the cryptocurrency by the people (if not the institutions) making up the financial services industry.
A new lender looking to rationalize borrowing for university expenses opened its doors yesterday. Called College Ave, the service is backed by Fenway Summer, the joint investment and advisory business that has backed such startups as alternative lender Prosper, virtual currency service Circle, and student loan management tool Tuition.io.
Behemoths like Braintree are said to be accepting bitcoin in the near future, but startups like Circle are fighting regulators for their lives.