FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.
The CoinEx Smart Chain Testnet is Live, Along with A Seed Fund Scheme
The CoinEx Smart Chain (CSC) testnet has been deployed and will be launched on May 31, 2021 after two weeks of stable internal operation. CSC is a smart contract chain created by the CoinEx public chain team for decentralized finance based on the principle of decentralization and permissionless block generation. It can provide developers with an efficient and low-cost on-chain environment to run decentralized smart contract applications (DApps) and store digital assets.
DAWINKS Korean Fintech Company Becoming the Flagbearer of Digital Foreign Remittance, ATM, and POS in the World
When the world is witnessing the peak of digitization in times of pandemic, DAWINKS has been successful in shaking up fintech technology. For the past 16 years, the company has already established a significant market for its KYC and adult authentication service based on its patented technology for detecting ID cards and passport-related frauds/forgery. On being asked about their upcoming plans, the CEO has recently revealed the company’s two-fold future strategy about the development of ComboScan and Blockchain DIGITAL (CRYPTO) ATM and POS.
Fintech Startup Axle Raises $10 Million Series A Following a Record Year of Growth Servicing the Logistics Industry
Axle, an all-in-one financial services platform for the freight and logistics industry, announced that is has completed a $10 million Series A round of funding led by Crosslink Capital. This financing follows a record year for Axle, during which volume grew 850% on their payments and financing platform for freight brokers and carriers.
MotoRefi Announces $45 Million Series B Fundraise Led by Goldman Sachs Asset Management
Leading Auto Fintech startup, MotoRefi, has announced a $45 million Series B funding round led by Goldman Sachs Asset Management’s Growth Equity team (Goldman Sachs). The fundraise comes as the company experiences continued, accelerated growth and achieves major milestones.
Circle Completes $440 Million Financing to Drive Growth and Market Expansion
Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, announced it has raised $440 million in financing from leading institutional and strategic investors.
