FinTech Magazine July 2024 | Page 10

MONTH IN REVIEW

ROBINHOOD TO ACQUIRE BITSTAMP
Robinhood is set to acquire Bitstamp , aiming to broaden its global crypto reach . The move will enable Robinhood to expand its cryptocurrency offerings and enhance its market presence internationally , leveraging Bitstamp ’ s established platform and user base .
APPLE LAUNCHES IPHONE P2P PAYMENTS ‘ TAP TO CASH ’ FEATURE
Apple launches iPhone PSP Tap-to-Cash , enabling seamless peer-to-peer payments . This feature transforms iPhones into point-ofsale terminals , allowing instant cash transfers and payment processing without additional hardware . It aims to simplify transactions for small businesses and individual users , enhancing the iPhone ’ s utility in everyday financial activities .
10 July 2024