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Monad Labs Closes $19Million Seed Funding Round Led By Dragonfly Capital

Fintech News Desk
by Fintech News Desk0
Monad Labs, the team supporting the high-performance Monad blockchain, today announced the closing of a $19 million seed funding round led by Dragonfly Capital. The round saw additional participation from 70 investors, including Placeholder Capital, Lemniscap, Shima Capital, Finality Capital, as well as notable angel investors in the space such as Cobie......
TraderX Launching Innovative White Label Solutions for Cryptocurrency Exchanges
Cryptocurrency News

TraderX Launching Innovative White Label Solutions for Cryptocurrency Exchanges

Fintech News Desk
by Fintech News Desk0
In 2020, CoinBase reportedly made $1.3 billion in revenue and had a net income of $322 million while 2021 was even higher at $1.8 billion in revenue and an annual net income of $3624 million. As appetizing as those profits might sound, creating a cryptocurrency exchange can be a costly and complex endeavor, and development costs are one of the main financial barriers to entry that can......
WEFI Successfully Completes Smart Contract Audit and KYC Verfication
Cloud Commerce News

Bit.Store Announces OKC Integration To Its Swap Features

Fintech News Desk
by Fintech News Desk0
Bit.Store, a global social cryptocurrency investment platform announced its integration with OKC (OKX Chain)- an EVM-compatible, Cosmos-based L1 chain powered by OKX- the second largest global exchange by trading volume. This latest integration with OKC supports users to experience OKC swap through Bit.Store Swap feature. Latest Fintech News: AdsPostX Secures CitrusAd Partnership Bit.Store......
Cryptocurrency Markets News

ITFreedom Are Bringing Trust To DeFi With Security-Focused Ecosystem

Fintech News Desk
by Fintech News Desk0
ITFreedom has announced that it will be releasing an ecosystem for DeFi projects to launch their products on. Blockchain services provider & cyber security agency ITFreedom will release the security-focused ecosystem for DeFi protocols to launch their & products and services in 2023. ITFreedom is a pioneer for smart contracts over......
Euronet Worldwide and Its Ren Platform to Drive Payments Transformation Strategy at Bank Neo Commerce
Banking Digital Payments Fintech News

Euronet Worldwide and Its Ren Platform to Drive Payments Transformation Strategy at Bank Neo Commerce

Fintech News Desk
by Fintech News Desk0
Euronet Worldwide, Inc., a leading global financial technology solutions and payments provider, announced its Ren Payments Platform (Ren) will serve as the foundational technology for the digital payments transformation strategy at Bank Neo Commerce (BNC), one of the leading digital banks in Indonesia. BNC selected Euronet and Ren to help......
Safeheron, a Digital Asset Self-Custodian, Launches Their WEB3 Product Suite
Digital Asset Management News

Safeheron, a Digital Asset Self-Custodian, Launches Their WEB3 Product Suite

Fintech News Desk
by Fintech News Desk0
The most recent FTX event has triggered a chain reaction in the market, and the aftermath continues to remind the market that centralized custody poses its own risk. The Web3 ecosystem is still in its infancy, and its infrastructure is not yet completely developed. When it comes to digital asset......
Charles River Associates Expands Its Financial Markets Practice
Finance News

Charles River Associates Expands Its Financial Markets Practice

Fintech News Desk
by Fintech News Desk0
Charles River Associates, a worldwide leader in providing economic, financial and management consulting services, announced that Ozgur B. Kan has joined CRA’s Financial Markets Practice as a vice president in the Company’s New York office. “As a recognized expert who has provided written and oral testimony and expert advice in numerous......
United States MSB License Makes MetaTdex More Compliant
Currency Exchange News

United States MSB License Makes MetaTdex More Compliant

Fintech News Desk
by Fintech News Desk0
MetaTdex successfully obtained a United States MSB license (Money Services Business), and that will help MetaTdex to further its global compliance strategy. This license is a financial license approved and issued by FinCEN (Financial Crimes Enforcement Agency) a bureau of the U.S. Department of the Treasury. Which allows MetaTdex to......
Finance in Africa 2022: Navigating the Financial Landscape in Turbulent Times
Featured Fintech News

Finance in Africa 2022: Navigating the Financial Landscape in Turbulent Times

Sudipto Ghosh
by Sudipto Ghosh0
The financial landscape is changing at a rapid pace. Compared to the current fleet of modern technology companies focused on emerging capabilities in SaaS and Cloud computing, banking sector has weathered the pandemic well. In modern context of fintech-as-a-service, financial landscape is showing the resilience against competition and market expansion......
Fortanix Raises $90 Million in Series C Funding Led by Goldman Sachs Asset Management to Accelerate Leadership in the Data Security Market
Digital Asset Management News Security

Fortanix Raises $90 Million in Series C Funding Led by Goldman Sachs Asset Management to Accelerate Leadership in the Data Security Market

Fintech News Desk
by Fintech News Desk0
Oversubscribed round validates company’s data-first approach to solving cloud security and privacy issues for global businesses thwarting data breaches and ransomware Fortanix, the data-first multicloud security company and the pioneer of Confidential Computing, announced $90 million in Series C financing bringing the total amount the company has raised to over......
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