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ZA Bank Receives Regulatory Approval to Prepare For u.s. Stock Trading Service Launch
Banking Fintech Trading

ZA Bank Receives Regulatory Approval to Prepare For US Stock Trading Service Launch

Fintech Staff Writer
by Fintech Staff Writer0
ZA Bank, one of Asia’s Top Mobile Banking App and Hong Kong’s Virtual Bank of the Year – Consumer , today announced that the Hong Kong Securities and Futures Commission (“SFC”) has lifted the previous conditions on the Bank’s license registration of Type 1 (dealing in securities) regulated activity under......
DeFi Technologies Announces Upcoming Launch of Valour Ripple (XRP) ETP and Other Corporate Updates
Finance News

DeFi Technologies Announces Upcoming Launch of Valour Ripple (XRP) ETP and Other Corporate Updates

PR Newswire
by PR Newswire0
Launch of XRP ETP: Valour plans to introduce a Ripple (XRP) Exchange Traded Product on a European exchange in early December 2023, expanding its range of digital asset investment products. Investment Access and Expansion: The Ripple (XRP) ETP will allow investors to gain exposure to XRP, the native cryptocurrency of the Ripple ecosystem, through banks or brokers, meeting......
Business Featured Fintech Fintech Primers

How Does Fintech Generate Money?

Pooja Choudhary
by Pooja Choudhary0
Have you ever pondered the business models of FinTech firms? How do they go about making money to expand their current FinTech software development efforts? In this piece, we will dissect what exactly it is that makes a FinTech company effective and profitable. Introduction 96% of customers around the world......
Soluna Signs Agreement with Noteholders to Facilitate Early Payoff of Convertible Notes
Finance Fintech News

Soluna Signs Agreement with Noteholders to Facilitate Early Payoff of Convertible Notes

Business Wire
by Business Wire0
Soluna Holdings, Inc., the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today it has come to an agreement with its noteholders to facilitate the repayment of the Notes ahead of the July 25, 2024 maturity......
East Africa's Digital Dawn ClickPesa Debt Fund and Pendulum enter into funding and technology partnership for Tanzania's Microfinance Evolution
Finance News

ClickPesa Debt Fund and Pendulum Enter Into Funding and Technology Partnership for Tanzania’s Microfinance Evolution

PR Newswire
by PR Newswire0
ClickPesa and Pendulum have teamed up in a technology partnership, leveraging the possibilities of decentralized finance (DeFi). In East Africa there is a huge SME funding gap. By employing DeFi solutions developed on the Pendulum blockchain, which leverages Polkadot and Stellar technology, Pendulum and ClickPesa Debt Fund strive to increase financial accessibility for SMEs by financing MFIs who have the reach,......
Janover Acquires Groundbreaker, a Profitable SaaS Platform, Establishing a Comprehensive Marketplace
Fintech News

Janover Acquires Groundbreaker, a Profitable SaaS Platform, Establishing a Comprehensive Marketplace

GlobeNewswire
by GlobeNewswire0
Janover expects to convert nearly 15% of its revenue to SAAS subscription software revenue Acquisition complements Janover’s loan marketplace with a first-in-class equity funding platform Janover, an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch, announced that it has acquired Groundbreaker Technologies, Inc. (“Groundbreaker”),......
State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt and $0.5 Billion of Senior Subordinated Debt
Finance Fintech News

State Street Partners with Diverse Firms to Underwrite $1 Billion of Senior Debt and $0.5 Billion of Senior Subordinated Debt

Business Wire
by Business Wire0
State Street Corporation announced today that it has issued an aggregate principal amount of $1 billion of senior debt and $0.5 billion of senior subordinated debt. The offering, which closed today, was structured in keeping with State Street’s ongoing inclusion, diversity, and equity efforts, with Siebert Williams Shank & Co.,......
Indonesia Alternative Lending Business Report 2023: Market is Expected to Grow by 31.7% to Reach $6.51 Billion in 2023 - Forecasts to 2027
Fintech News

Indonesia Alternative Lending Business Report 2023: Market is Expected to Grow by 31.7% to Reach $6.51 Billion in 2023 – Forecasts to 2027

Business Wire
by Business Wire0
The “Indonesia Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering. Alternative lending market in Indonesia is expected......
500 Global and Sanabil Investments Announce Batch 6 of the Sanabil 500 MENA Seed Accelerator Program
Fintech News

500 Global and Sanabil Investments Announce Batch 6 of the Sanabil 500 MENA Seed Accelerator Program

Business Wire
by Business Wire0
Multi-stage venture capital firm 500 Global and KSA-based financial investment company Sanabil announced the sixth batch of their MENA Seed Accelerator Program, aimed at helping up-and-coming companies scale up in the region. The final selected companies are focused on developing solutions across a diverse range of sectors, including Fintech, Foodtech,......
Cathedra Bitcoin Announces Debt Settlement and Debenture Extension
Blockchain Cryptocurrency Fintech

Cathedra Bitcoin Announces Debt Settlement and Debenture Extension

Business Wire
by Business Wire0
Cathedra Bitcoin Inc., a diversified bitcoin mining company, is pleased to announce the Company expects to settle a portion of the outstanding principal amount of Debentures (as defined below) equal to up to C$10,946,706 (the “Settlement Amount”) into up to 98,264,870 common shares of the Company (the “Shares”). The Shares......
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