FinTech news in Apps category
All in all, the market madness has seemingly created a bullish sentiment in the crypto economy; as traders responded positively to the news, the overall market cap rose on the week and crypto app downloads increased.
A major motivation behind launching Symbolic for Nailwal was the opportunity to more formally support companies that are already in his orbit, he said, adding that he doesn’t feel he will have to spend much extra time managing the fund because it will help him realize synergies from relationships he’s already building, in part through Polygon’s own venture fund. Symbolic plans to primarily back companies building consumer-facing decentralized apps (dApps), Nailwal said, a move that seems aligned with Polygon’s own goal to speed up web3 app development. Now, the protocol co-founder Sandeep Nailwal is launching another project, he told journalist exclusively — this time, in the form of Symbolic Capital, a venture capital fund built by and for web3 founders. One key differentiator for Symbolic will be its internal data platform the firm has built to support its portfolio companies as well as to bolster its own diligence process, Nailwal said.
With this expansion, grocers of all sizes can use Carrot Payments, an Instacart Platform solution, to accept EBT SNAP payments online across 49 states and Washington, D.C. Instacart offers EBT SNAP acceptance through the Instacart Platform, a suite of enterprise-grade solutions that help enhance and digitize retail experiences. EBT SNAP participants can shop for pickup or delivery via the Instacart App and grocers’ Instacart Platform-powered websites and apps. Instacart announced today that Electronic Benefits Transfer and Supplemental Nutrition Assistance Program (EBT SNAP) can now be used to buy groceries online in 10 additional states through its app.
Sanlo, a San Francisco-based fintech startup that offers small to medium-sized game and app companies access to tools to manage their finances and capital to fuel their growth, has raised $10 million in Series A funding led by Konvoy.
eBay is the latest company to enter the NFT business, as the online marketplace announced today that it launching its first collection of NFTs in partnership with web3 platform OneOf.
Linktree is also introducing a new NFT lock feature that allows creators to lock their links using a smart contract address.
Key among these are features for managing podcast storage across devices, tools to enable annual podcast subscriptions and the newly announced Apple Podcasts Delegated Delivery system that will soon allow creators to more easily distribute their podcasts directly to Apple Podcasts from third-party hosting providers.
In October, the company partnered with Shopify to allow artists on its service to connect their Spotify profiles with their Shopify stores, allowing them to market their merchandise directly to fans through the Spotify app.
Facebook has been in payments since 2009 and says people use its platforms to make payments in 160 countries and 55 currencies, including person to person, business to business, and business to consumer payments. Facebook Pay will soon be renamed Meta Pay, according to a blog post written by Meta head of fintech, Stephane Kasriel.
Split Payments was introduced alongside the news that Messenger is launching new voice message recording controls so users can pause, preview, delete or continue recording a voice message before sending it. The company said that its feature offering end-to-end encrypted group chats and calls in Messenger is now fully rolled out. The launch of Split Payments comes as Messenger added Venmo-like QR codes for person-to-person payments last summer. Messenger also added another security feature that will alert users if someone snaps a photo from Messenger’s disappearing messages.