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Nigeria’s Futuristic National ID Cards Are Also Debit Cards

Nigeria’s new biometric identitication cards double as debit cards which can be used at ATMs and stores.<p>The latest in financial innovation is coming from Nigeria–and it blessedly doesn’t involve elaborate Internet scams. Nigeria’s government, instead, is teaming up with MasterCard to run a pilot …

Powering The Facebook Card, Marqeta Raises $14M From Greylock Israel To Recreate The Starbucks Loyalty Card For Merchants

Marqeta, the startup that helps businesses nationwide attain the Starbucks loyalty Card “pay-in-advance for your coffee” model, is announcing $14 million in new funding from Greylock IL (an affiliate fund of Greylock Partners), Granite Ventures, new investor Commerce Ventures, and a number of …

With PayPal-Like Ambitions For Bitcoin, BitPay Raises $2M Led By Founders Fund

BitPay, the startup with ambitions to become the PayPal of the bitcoin world, is today announcing that it has raised another $2 million. And in a kind of poetic justice, the round is led by none other than the Founders Fund, the VC started by what’s commonly called the PayPal Mafia.<p>The …

What’s Amazon’s Master Plan for Coins?

Amazon tentatively dipped its toe into the virtual currency business today, rolling out Coins, a token system intended as “an easy way” for Kindle …

Kindle Fire

With Square Stand, Jack Dorsey Brings High Design to the Point of Sale

If you’re a business, Jack Dorsey wants to make your countertop look a whole lot better than it does right now.<p>That, in part, is the philosophy …

Jack Dorsey