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.
Bitcoin Depot, a Leading Bitcoin ATM Operator, to Become a Publicly-Traded Company Via Business Combination With GSR II Meteora Acquisition Corp.
Lux Vending LLC dba Bitcoin Depot a U.S.-based Bitcoin ATM operator and leading fintech company, and GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) (“GSRM”), a special purpose acquisition company, today announced a definitive agreement for a business combination that would result in Bitcoin Depot becoming a publicly listed company. Upon closing of the transaction, the combined company will be named Bitcoin Depot Inc. and trade on the NASDAQ under the new ticker symbol “BTM.”
Huobi Global Launches Inclusive Prime Membership Program to Attract Active Traders
Huobi Global, a world-leading crypto asset trading platform under the Huobi Group, announced the launch of its new Prime membership program(Prime). The new membership program has been launched to heighten users’ income-generating opportunities while reducing their trading transaction costs. Unlike other competing membership programs, Prime is open to both retail traders and professional investors.
Mint Werx and BlueRidge Data Announce Partnership to Bring Next-Generation Crypto-Giving Solutions to Serve Higher Education Nonprofit Institutions
Mint Werx has announced it has partnered with BlueRidge Data (BRD) of Leesburg, Virginia, to jointly bring custom-configured, Web3 solutions to empower higher education institutions and nonprofits. The companies will offer vital fundraising application services for next-generation alumni constituents, including university foundations, advancement offices, career services, institutional research, admissions and athletics. Future releases will include additional capabilities across campus, including tuition, admissions, ticketing, e-commerce, institutional research and more.
Oak Valley Community Bank Announces Promotion
Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp announced the promotion of Tina Corgiat-Rey to Assistant Vice President, Branch Manager of the bank’s Patterson Branch.
Upstream Helps Flormel Increase eCommerce Sales and Reduce Cart Abandonment
Upstream, the global specialist in mobile marketing has been selected by Brazilian healthy snack food provider Flormel to increase their online sales and reduce cart abandonment rates. Utilizing Upstream’s Grow platform, Flormel has already seen its sales grow 8% and achieve a 16x Return on Investment (ROI) in just 1.5 months.
