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.
Foxen Closes $44 Million Series A Round to Fund Revolutionary FinTech Solutions in Real Estate
Foxen, a market leader in financial technology solutions for the real estate industry, today announced a $44 million Series A financing led by growth equity investor Summit Partners, with participation from Level Equity. Foxen will use the funding to accelerate development of its expanding product portfolio and fuel hiring across the organization.
Trust Stamp CEO invited to speak at Money20/20 Europe
Trust Stamp an AI-powered trust and identity services company used globally across multiple sectors, announces that CEO Gareth Genner has been invited to discuss challenges and opportunities in building the economy of the Metaverse at the Money20/20 Europe event in Amsterdam on June 8, 2022.
Zmitrovich Named Bank President and Chief Banking Officer for Bank of Clarke County
Bank of Clarke County, a wholly-owned subsidiary of Eagle Financial Services, Inc., whose divisions include Eagle Investment Group, announced that Joseph (Joe) T. Zmitrovich has been appointed President and Chief Banking Officer for the Bank.
Investment Platform Streetbeat Partners With Sperax, a Fully Collateralized DeFi Product to Provide a 11% Yield
Investment platform Streetbeat has partnered with Sperax, a market tested and 100% collateralized DeFi product that provides a 11% yield, paid weekly. Sperax’s novel auto-yield USDs stablecoin allows investors on the Streetbeat platform to benefit from passive income without technical or financial
DeFi Stablecoin Protocol Beanstalk Formally Announces Post-Exploit Recapitalization Fundraiser, “The Barn Raise,”
Beanstalk, a decentralized credit-based stablecoin protocol, formally announces “The Barn Raise”, a fundraiser to restore $77M of liquidity stolen from the protocol during a recent governance exploit and further recapitalize pre-exploit participants. “The Barn Raise” will begin June 6 at 12 p.m. ET and will last until all ‘Fertilizer’ tokens (Barn Raise tokens which will serve as certification of participation) are sold.
