The FinTech giant Square is changing its name to Block, effective December 10. The name change, which has been in the works for over a year, is intended to house the company’s various products — including music streaming service TIDAL, Cash App, TBD, and of course, Square — under one brand.

Link: https://techcrunch.com/2021/12/01/square-is-changing-its-name-to-block/

BUENOS AIRES, Argentina, /PRNewswire/ — Blockchain.com, one of the world’s oldest and most trusted cryptocurrency platforms, has acquired SeSocio, one of the largest crypto companies in Argentina and one of the most prolific across Latin America. With its largest acquisition to date, Blockchain.

Link: https://www.prnewswire.com/news-releases/blockchaincom-becomes-the-largest-crypto-company-in-latin-america-with-the-acquisition-of-argentinian-crypto-powerhouse-sesocio-301433908.html

Most consumer cannabis transactions are done in cash, legal or not. Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to cannabis operations.

Link: https://techcrunch.com/2021/12/01/supernet-credit-card-cannabis-weed-dispensaries/

In the startup1world, gaining the status of “unicorns”2 has seemingly become the be-all and end-all. The prospect of crossing the US$1 billion estimated valuation mark is a tantalising goal for firms and their investors alike.

Link: https://privatebank.jpmorgan.com/gl/en/insights/planning/beyond-the-unicorns-smaller-companies-also-hold-great-promise-in-latin-america