PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round. The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government […]

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Visa confirms Coinbase wasn’t at fault for overcharging users

 Yesterday, we wrote that Coinbase customers were being charged multiple times for past transactions. While some speculated that the erroneous withdraws were down to a Coinbase engineering issue, Coinbase issued a statement saying it wasn’t liable for the duplicate charges. The blame, instead, rested with Visa for the way it handled a migration of merchant categories for… Read More

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Coinbase blames Visa for glitch that overcharged users

 While Coinbase has had its fair share of technical issues the last few months, it seems the latest one may not be their fault.
Earlier today reports started coming in across social media and reddit that Coinbase users were seeing strange charges on their credit and debit cards. Many of these were users being double-charged for a past transaction, although there were also some (unconfirmed)… Read More

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