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Blockchain Cryptocurrency Fintech Funding

Electric Capital Launches $110 Million Fund Focused on Cryptonetworks and Blockchain Businesses

Fintech News Desk
by Fintech News Desk0
Electric Capital today announced the closing of its second fund, a $110 million Seed and Series A fund, focused on cryptonetworks and blockchain enabled businesses. The firm is led by co-founders Avichal Garg and Curtis Spencer. The founders are serial entrepreneurs, prior executives at Facebook and Google, and investors in companies such as Airtable, Boom,......
Constreet Partners and ECXX announce strategic partnership in asset tokenization, digitized securities and STO areas
Blockchain Fintech News

ECXX Secures RMO Sandbox Approval from MAS; to Launch Asset-based Digital Securities Exchange

Fintech News Desk
by Fintech News Desk0
ECXX Global Pte. Ltd. (ECXX), a pioneer in operating a digital asset exchange using blockchain technology, is pleased to announce that it has secured admission from the Monetary Authority of Singapore (MAS) to the Fintech Sandbox Express* under the Recognised Market Operator (RMO) regime. Read More: GlobalFintechSeries Interview with Curtis......
Banking News

Ozow – Paving the Way for Open Banking in Africa

Fintech News Desk
by Fintech News Desk0
Adding over 100,000 new users a month in South Africa and Namibia alone, Ozow is now taking steps to bring its payments platform to the rest of Africa and the world. “In a constantly changing global economy, traditionally dominated by large banks since 1472, (something which is unlikely to change......
Katapult Removes Late Fees as Part of a Consumer-Centric Focus
Fintech Investment Services News

Africa’s fintech sector bucks global downturn with landmark sale of digital payments provider Beyonic to MFS Africa

Fintech News Desk
by Fintech News Desk0
Africa’s fintech sector is key to the region’s economic growth as technology enables remittance inflows of money from its diaspora to boost disposable income and balance of payments. So says ICON Corporate Finance, the tech-focused investment bank, which recently advised on one of the sector’s most significant transactions in recent......
Blockchain Cryptocurrency Investment Services News

12 Peers Invests in ShareRing (SHR), Marking the Firm’s First Investment Into the Digital Asset Space

Fintech News Desk
by Fintech News Desk0
The ShareRing management team has successfully executed gig-economy applications for mobility rentals and travel. Their latest venture, the ShareRing app is focused on the fragmented $7 Trillion travel economy and integrates travel documents and itineraries into an all-in-one travel platform. 12 Peers Capital, the Cayman Islands based broker-dealer and capital......
Cryptocurrency Economy

CoinEx $50M Ecosystem Development Fund Points First Investment as OneSwap

Fintech News Desk
by Fintech News Desk0
CoinEx, a global and professional cryptocurrency exchange service provider, announced today the launch of a $50 million Ecosystem Development Fund to back visionary companies whose products and services will facilitate the development of CoinEx’s ecosystem. Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync In addition to financial support, CoinEx......
Cryptocurrency Fintech News

Bitcoin Association hires Patrick Prinz as Europe & Operations Manager to further advance Bitcoin SV

Fintech News Desk
by Fintech News Desk0
 Bitcoin Association, the Switzerland-based global industry organization that advances Bitcoin Satoshi Vision (BSV), has named Patrick Prinz, CFA as its new Europe & Operations Manager. Working out of the Association’s headquarters in “Crypto Valley” Zug, Switzerland, Prinz will serve two roles – advance the business growth of Bitcoin SV throughout Europe and support the operational needs of the organization......
Blockchain Cryptocurrency

Celsius Network Offers 11.9% APY on Binance’s BUSD Coin

Fintech News Desk
by Fintech News Desk0
BUSD is the most recent stablecoin to join Celsius’s growing list of cryptocurrencies earning yield on its mobile platform Celsius Network, the industry-leading cryptocurrency rewards-earning platform, today announced the addition of Binance’s BUSD stablecoin to the Celsius mobile app. Customers can now transfer and hold BUSD in their Celsius wallet......
Banking Fintech News

Galileo Integrates with Plaid to Simplify ACH Transfer Setup

Fintech News Desk
by Fintech News Desk0
Integration streamlines authentication of bank accounts for customers  Galileo announced its integration with Plaid today, giving Galileo clients a streamlined experience in the bank authentication process for its customers. With this integration, joint clients of Galileo and Plaid may offer their customers an easy way to connect their bank accounts and......
Business Fintech Mobile Banking News

Cardknox’s PaymentSITE Online Form Brings Merchants and Developers Even More Value

Fintech News Desk
by Fintech News Desk0
The customizable form can be set up as a standalone webpage or easily integrated with ERP, CRM, and e-commerce software to process credit card and ACH payments Now more than ever, businesses are looking for ways to process transactions while avoiding in-person interaction. Yet even before the COVID-19 pandemic, a......
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