As a result of joining Boost.vc Gliph will receive USD18,000 as well as office space and mentoring services. Gliph claims to make bitcoins simpler to exchange by allowing users to connect their bitcoin wallets to the messenger for secure transfers. Gliph is in line to receive USD50,000 once it graduates from Boost.vc and says that this will be used to add Bitcoins into its system.
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.