Jun 24, 2020

New Curve-powered Samsung Pay Card is revealed

Payments
Fintech
Matt High
2 min
Samsung Pay Card
Samsung has announced the new Samsung Pay Card, which will offer customers a simple and flexible way to control their money...

On 24 June, Samsung confirmed a new partnership between Samsung Pay, digital banking platform Curve and Mastercard to launch the new Samsung Pay Card.

The new digital payment solution will be available to Samsung Pay customers. 

It will enable greater flexibility and control over the management of finances and the ability to link favourite loyalty and bank cards in one convenient location. 

According to Samsung, the latter will offer customers a true digital wallet experience, which can be completely controlled through their mobile device. 

Samsung Pay is a mobile payment and digital wallet service that lets users make payments and control other financial services through their mobile phones. 

Through the Samsung Pay app - available on Galaxy smartphones - users can shop or make payments anywhere with contactless payments. 

The service also hosts credit, debit and loyalty cards on the mobile device. 

The new partnership with Curve is the first of its kind for Samsung Pay in Europe. 

Curve is a digital, over-the-top banking platform that enables the consolidating of multiple cards and accounts into one smart card and smart app. 

Samsung Pay Card customers will gain access to the benefits of the Curve platform when the card launches. According to Samsung, this is due in the UK later this year. 

Conor Pierce, Corporate Vice President of Samsung UK & Ireland said of the announcement: “At Samsung, our customers are at the heart of everything we do, which is why we strive to create the best technology, services and solutions.

“The Samsung Pay Card powered by Curve will allow us to expand our Samsung Pay offering, giving our loyal customers even greater benefits and rewards than ever before.”

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Jun 24, 2021

NFT Marketplace Rarible Raises US$14.2m

Fintech
NFT
Rarible
funding
2 min
NFT marketplace Rarible has raised fresh capital to create user-friendly developments and launch an additional marketplace on the Flow blockchain

Non-fungible token (NFT) marketplace Rarible has announced that they’ve closed a US$14.2m Series A from Venrock Capital, CoinFund and 01 Advisors

Alongside the funding announcement, Rarible has shared that they’ve officially partnered with NBA Top Shot maker Dapper Labs to bring their NFT marketplace to Dapper’s Flow blockchain. Dapper Labs has begun building out a wider coalition of NFT platforms on its proprietary blockchain which is more energy-efficient and less costly than transactions on the Ethereum network. 

To mark this next phase, we are also proud to enter an official partnership with Flow. Dapper Labs has an impressive track record of bringing NFTs mainstream by creating native experiences for non-crypto audiences. As a blockchain, Flow enables easier access and lowers the entry barrier for traditional consumers and brands, which makes it a perfect partner on our journey to the wider adoption.

“In the coming couple of months, we will be bringing Rarible on Flow as a primary and secondary marketplace, also welcoming the robust ecosystem of projects built on Flow blockchain,” Rarible said. 

According to the company, last June, 6 months post-launch, total trading volume on Rarible hit the $28,000 mark. By June 2021 it grew by a mind-blowing 3000x, reaching $150 million in total sales. 

“Just as we have always been at the forefront of the NFT movement, Rarible is determined to pioneer the next wave,” the co-founder of Rarible’s marketplace and CEO Alexei Falin said. “With this company milestone, we are thankful for the support of Venrock, 01 Advisors, and Coinfund and look forward to going beyond the current enclosed crypto environment and taking NFTs into mainstream consciousness.”

User-friendly developments 

In a blog post the company says they hope to use this funding to explore more user-friendly developments like accepting credit card payments. “We need a world where an indie creator can effortlessly create an NFT and sell it for $5 to his community of supporters, as well as where a pop icon can use NFTs to establish close contact with her multi-million audience in a sustainable way.”

Rarible has a lot underway in the upcoming few months, including the launch of Rarible NFT protocol, L2 solution for scalability and sustainability, credit card payments, adoption of Flow blockchain, multiple partnerships and drops, and more. Many projects are already working on integrations with Rarible protocol, such as the partnership with one-click NFT creator S!NG that allows users to mint and put their NFTs on sale with no costs involved.

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