Today in FinTech: Bitcoin Further Crushed; Experian Acquires MOVA; Buymie Raises Funds – PYMNTS.com

In today’s FinTech news, the founder of crypto exchange FTX Sam Bankman-Fried said he doesn’t think bitcoin can be a payment method. Plus, Buymie is expanding its digital grocery delivery service to more cities in Ireland and the U.K.

The founder of the crypto exchange FTX Sam Bankman-Fried threw bitcoin under the bus in an interview with the Financial Times, saying bitcoin can’t work as a payment method. He later said his quotes were chosen by FT “selectively,” but critics said he could be bashing bitcoin in favor of his self-interest in the Solana exchange.

Experian is picking up a 51% stake in the Brazilian FinTech MOVA for 40 million Brazilian reais ($7.9 million). The global information services firm is acquiring the stake from Érico Sodre Quirino, a private investor, and Roberto Tesch, founder and CEO of MOVA.

Buymie raised 7 million euros to continue growing its online grocery delivery startup and further its ability to serve customers. The new infusion of capital will also…

Read Full Story: https://www.pymnts.com/news/fintech-investments/2022/today-in-fintech-bitcoin-further-crushed-experian-acquires-mova/

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