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PayPal & Block shares dipped as Kraken launched its Krak app to rival Venmo & Cash App. Send money in fiat/crypto across 100+ countries.

Crypto exchange Kraken on Thursday launched a peer-to-peer payments app that enables users to send and receive funds - in both cryptocurrency and fiat currency - across more than a hundred countries.

Kraken is launching a new app aimed at turning the crypto exchange into an all-in-one, blockchain-powered financial services platform, it said on Thursday.

Crypto exchange Kraken is developing a financial services app targeting remittances and payments, further diversifying the company’s revenue streams ahead of a potential stock market debut.

Crypto exchange Kraken is developing a financial services app targeting remittances and payments, further diversifying the company’s revenue streams ahead of a potential stock market debut.

Crypto marketplace Kraken has launched a new app for its users, aptly called “Krak.” The “global money app” aims to allow users to instantly transact at almost no cost without borders.