PitchIt
PitchIt
Todd Anderson
Weekly News Roundup - March 31, 2022
31 minutes Posted Apr 1, 2022 at 1:11 pm.
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This week's list of top stories include:

Apple Working to Bring More Financial Services In-House

  • New effort is dubbed “Breakout”
  • Payment processing, credit risk assessment, fraud analysis, credit checks
  • Focused on future products
  • Could  impact GS, Green Dot and CoreCard
  • Apple is working on BNPL, merchant processing,

Visa launches NFT program as it considers the digital art a new form of e-commerce

  • Effort to bring SMB into the digital economy
  • One year immersion: Visa Creator Program
  • Artists, musicians, fashion designers and filmmakers
  • Help them build their business with NFTs

Blockchain.com Raises New Funding at $14 Billion Valuation

  • More than doubling their valuation
  • Led by Lightspeed Venture Partners
  • Last round was in March 2021, $300m at a $5.2b valuation

Cross River raises $620M Series D

  • Values the company at > $3b
  • Co-led by a16z and Eldridge Capital
  • Banking partner of choice for many of the biggest names in fintech

CFPB’s Chopra promises crackdown on repeat offenders

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