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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023

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.

Mastercard and Lloyds Bank Partner on New Open Banking Checkout Solution

Mastercard and Lloyds Bank Commercial Banking have partnered to deliver a new Open Banking payment solution to Lloyds Bank’s business clients.

Next-Gen Options Protocol, Lyra, Announces $3.3 Million Raise Co-Led by Framework Ventures

Lyra, a protocol for options trading on Ethereum, announced today a $3.3M seed raise co-led by the largest venture capital firms in the decentralized finance (DeFi) space, Framework Ventures and ParaFi Capital, with support from the DeFi Alliance, Divergence, Orthogonal, Robot Ventures and Apollo Capital. Built on Optimism, an Ethereum layer 2 scaling solution, Lyra is the first options protocol to manage risk for its liquidity providers, which enables it to offer the best pricing and liquidity for traders.

.forever Enters One Week Sunrise Period For Trademark Owners – Blockchain’s First Truly Decentralized Top-Level-Domain

 EnCirca announced that they are accepting registrations for the one-week Trademark Sunrise Period for the .forever blockchain-based Top-Level-Domain (TLD). EnCirca is the exclusive Sunrise registrar for the .forever TLD. Trademark owners have one week to submit registrations before the .forever Land Rush begins on August 2.  Registrations are permanent with a one-time fee and the names do not expire.

Sila Secures $13 Million in Series A Funding Led by Revolution Ventures

Sila, an API platform that provides payment infrastructure as a service while ensuring regulatory compliance, announced $13M in Series A funding led by Revolution Ventures, bringing total funding to over $20M. Existing investors, Madrona Venture Group, Oregon Venture Fund, and Mucker Capital, and angels including Taavet Hinrikus, Co-founder and Chairman of Wise, also participated in the round.

Bitget Announces Strategic Partnership with Circle to Support USDC as Margin

Derivatives Exchange, Bitget, has announced its strategic partnership with leading blockchain finance service provider, Circle. Through this collaboration, Bitget will list USDC and become the world’s first Exchange to support USDC as collateral for the margin trading of derivatives.

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