Fidor Solutions

JPMorgan | February 24, 2020

US banking giant JPMorgan is to launch a UK digital bank later this year in an attempt to acquire a share of an increasingly crowded market. The bank will adopt the Chase branding and offer a number of savings and lending products, according to Sky News. JPMorgan will be following the lead of rival Goldman Sachs, which launched its Marcus brand in the UK in 2018 and now boasts over 300,000 customers. Rumours of JPMorgan's intentions have been circulating for some time. In June 2019, the US b...

Tesla | February 13, 2020

Tesla Inc on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker’s often-stated policy of avoiding sales of new stock. Tesla said it would offer 2.65 million shares, of which Chief Executive Officer Elon Musk will buy up to $10 million in shares, while board member and Oracle co-founder Larry Ellison will purchase up to $1 million worth of Tesla shares. Tesla&rsq...

BLOCKCHAIN

Wirex | March 01, 2022

Wirex, a leading crypto provider, has announced that it is expanding its sphere to enable access to the popular Avalanche blockchain and tokens for 4.5 million users. The popular Avalanche blockchain and tokens recently launched the award-winning Wirex Wallet and the app. Wirex is available in more than 120 countries and has been on a mission to allow customers to reap the benefits of crypto and DeFi. The mission also includes the expansion of Avalanche, which will accelerate prog...

Qupital | June 24, 2020

Qupital, a trade financing platform, announced today that it will partner with eBay as one of its officially recommended Hong Kong financing service providers. In today’s announcement, Qupital said it will provide offshore financing services, including working capital, to eBay sellers in China through QiaoYiDai, its main product. The agreement with eBay means Qupital will be able to monitor the real-time data of eBay sellers who apply for their services, which the fintech start...