Search Results for: Financial institution

Echelon Secures $3.5 Million in Seed Funding to Revolutionize DeFi Lending on Move Based Blockchains
Blockchain Finance Fintech News

Echelon Secures $3.5 Million in Seed Funding to Revolutionize DeFi Lending on Move Based Blockchains

PR Newswire
by PR Newswire0
Echelon, decentralized lending protocol, has secured seed funding to advance DeFi lending on Move-based blockchains. The round was led by Amber Group, with participation from strategic partners including Laser Digital, Saison Capital, Selini Capital, Interop Ventures, and Re7. Echelon aims to offer high-performance markets integrated with other DeFi applications and real-world assets (RWAs). The protocol’s innovative......
Arch Lending Raises $75M to Build the New Standard of Crypto Lending
Cryptocurrency Lending News

Arch Lending Raises $75 Million to Build the New Standard of Crypto Lending

PR Newswire
by PR Newswire0
The crypto-backed loan provider, backed by Galaxy Ventures, Morgan Creek Digital, Castle Island Ventures, BitGo Ventures and more, is founded on the principles of asset security, concierge client service, and product excellence. Arch Lending, the most trusted crypto-backed loan provider, announced $75M in funds raised, including an oversubscribed $5M equity seed round and a $70M loan......
Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One
Digital Payments News

Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One

Business Wire
by Business Wire0
In partnership with Ascent One, Convera streamlines international payments and improves education agent and student experience Convera, a global leader in commercial payments, introduced its embedded payments solution for the education industry through its new partnership with Ascent One, the world’s first ecosystem purposely built for the education sector. This......
Bitget Adds Support for PayPal (PYUSD) Stablecoin on Solana Blockchain
Cryptocurrency News

Bitget Adds Support for PayPal (PYUSD) Stablecoin on Solana Blockchain

GlobeNewswire
by GlobeNewswire0
Bitget, the leading cryptocurrency exchange and Web3 company, has added trading support for PayPal’s PYUSD stablecoin on Solana blockchain, increasing the availability of multichain tokens. This enables smooth transactions of PYUSD on the Solana and Ethereum networks, easing its utility in the broader Bitget ecosystem. Solana’s infrastructure is designed to handle high......
Alloy Report Shows the Revenue Potential of Embedded Finance, but Compliance Challenges Persist
Finance News

Alloy Report Shows the Revenue Potential of Embedded Finance, but Compliance Challenges Persist

PR Newswire
by PR Newswire0
Alloy, the identity risk management company trusted by over 600 leading banks, credit unions and fintech companies, released its 2024 State of Embedded Finance Report, a survey of over 50 decision-makers working at U.S.-based sponsor banks. The report found that while embedded finance programs drive significant revenue (over 50%) for......
Banking Fintech Guest Posts

Four Technologies That Banks Must Consider to Compete with FinTechs and Neobanks

Carl Robison
by Carl Robison0
As banks dive into the second half of 2024, there are several technologies they must consider investing in now to advance their offerings and compete with the FinTechs and neobanks.  Traditionally, most banks have been less eager to adopt new technologies, with only a few that driving new technology and......
OKX Ventures and Leading Ventures Invest $5M+ in Orderly Network to Enhance DeFi Liquidity
DeFi Investment Services News

OKX Ventures and Leading Ventures Invest $5M+ in Orderly Network to Enhance DeFi Liquidity

GlobeNewswire
by GlobeNewswire0
Web3 liquidity layer Orderly Network, is proud to announce an investment of more than $5 million from several strategic investors, including OKX Ventures. This strategic investment marks a new chapter in Orderly Network’s mission to revolutionize Web3 trading through seamless, unchained liquidity infrastructure. During its seed round, Orderly Network secured......
Boom-DeFi-Ecosystem-Secures-$500M-in-Growth-Capital,-Opens-Crypto-Friendly-Equity-Purchase-Window
Blockchain Cryptocurrency Finance Fintech News

Boom DeFi Ecosystem Secures $500M in Growth Capital, Opens Crypto-Friendly Equity Purchase Window

GlobeNewswire
by GlobeNewswire0
Boom enables crypto- and cash-based equity investments in its DeFi ecosystem to boost financial inclusion Boom Technologies, a DeFi unicorn and e-commerce provider for the unbanked, has secured $500 million in growth capital from a prominent Dubai-based family office. The company is now offering both retail and institutional investors the......
Fintech Guest Posts

What’s On the Fintech Horizon for Low-Code?

James Greaves
by James Greaves0
Low-code is no stranger to SaaS companies—its promise as a magic bullet for many software development headaches is widely renowned, resulting in its popularity across industries. Insights from Fortune Business project that the global low code development platform market will hit USD 264.4 billion by 2032, with a CAGR of 32%.......
Beneficient Announces Enhanced AltAccess Platform With New Machine-Automated Pricing System
Finance Fintech News

Beneficient Announces Enhanced AltAccess Platform With New Machine-Automated Pricing System

EIN Presswire
by EIN Presswire0
Beneficient, a technology-enabled financial services holding company, is excited to announce the latest advancements to its fintech platform, AltAccess®. The new release of AltAccess introduces the Machine-Automated Pricing System (“MAPS”), which incorporates Ben’s formula-based pricing model for qualified fiduciary financings and is engineered to optimize dynamic pricing and real-time net......
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