When services scale in China, they go big. Beijing-based credit-scoring platform Wecash recently counted more than 35 million users. Not too shabby, and even better considering that little more than a year ago, it had just eight million. Its most recent boost came from the Hong Kong-based accelerator Supercharger. Wecash took partRead More
Post Tagged with: "Standard Chartered"
Standard Chartered Bank has stopped processing wire transfers for bitcoin transactions, InsideBitcoins is reporting. The news is all the more jarring considering that Standard Chartered is one of the more innovative banks in the world. Additionally, the development may portend a most comprehensive backlash against bitcoin from big-league financial institutions. InsideBitcoins reports thatRead More
Can a banking brand be cool? That was the question asked in a blog by Betterment, a financial services startup. A tech reporter once said to me that a financial services startup wasn’t sexy. I mused over it for a while. It’s not a completely unfair point. Well, it’s an unfair point.Read More