Search Results for: traditional banking

Dwolla Secures $21 Million to Spearhead the Future of B2B Payments
B2B Digital Payments Fintech News

Dwolla Secures $21 Million to Spearhead the Future of B2B Payments

Fintech News Desk
by Fintech News Desk0
Payments platform eyes international expansion, raises capital to enhance digital financial solutions for enterprises Dwolla, a modern payments platform, announces a $21 million venture round led by Foundry Group to drive innovation for today’s B2B payments. Additional investors include Park West Asset Management LLC, Union Square Ventures, Detroit Venture Partners, Firebrand Ventures and Next Level Ventures.  and Jeremy Andrus, the CEO......
NexWEB Technologies Chooses Butterfly Protocol for Powering its Blockchain Domain-Based NFT Platform
Blockchain DeFi Digital Payments News

NexWEB Technologies Chooses Butterfly Protocol for Powering its Blockchain Domain-Based NFT Platform

Fintech News Desk
by Fintech News Desk0
The platform will create developer tools for building out NFT markets and decentralized applications and integrate the NEXW utility token for access NexWEB Technologies, delivering technology innovation since 2012, is pushing into the decentralized and distributed web space by utilizing the Butterfly Protocol, the premiere community-driven blockchain domain provider. Building......
PayU
DeFi Digital Payments Fintech News

PayU Invests In Blockchain-Based Payments With Celo and Launches New Stablecoin Option to 450,000 Merchants

Fintech News Desk
by Fintech News Desk0
One of the largest online payment service providers for emerging markets, PayU, has purchased CELO, and will also offer Celo stablecoins as a payment option for merchants, powered by First DAG PayU, the payments and fintech business of Prosus, has announced its collaboration with Celo, the mobile-first, open-source blockchain ecosystem......
BlackLine and Kyriba Partner to Streamline Digitalization of the Office of the CFO
Banking Finance Fintech News

BlackLine and Kyriba Partner to Streamline Digitalization of the Office of the CFO

Fintech News Desk
by Fintech News Desk0
Joint solution accelerates bank connectivity, enabling greater financial close and accounts receivable process automation for customers Accounting automation software leader BlackLine, Inc. and Kyriba, a global leader of cloud-based finance and IT solutions, announced that they are joining forces to streamline the digitalization of the Office of the CFO and improve collaboration between......
TechX Announces Effective Date of Name Change
Digital Payments News

TechX Announces Effective Date of Name Change

Fintech News Desk
by Fintech News Desk0
TechX Technologies Inc., a technology driven company making traditional finance accessible through compliant digital payment infrastructure and digital asset management technologies, is pleased to confirm the effective date for the name and symbol change, as announced on July 15, 2021. The recent acquisition of Mobilum OU will allow for the integration......
People Believe Online Lenders are Less Discriminatory Against Applicants Due to Race or Ethnicity, According to New Survey Data
Finance Fintech News

People Believe Online Lenders are Less Discriminatory Against Applicants Due to Race or Ethnicity, According to New Survey Data

Fintech News Desk
by Fintech News Desk0
According to new data from a survey conducted by Morning Consult on behalf of the Online Lenders Alliance (OLA), black and Hispanic adults are significantly less confident than other adults in their ability to get credit from traditional financial institutions. As a result, many hesitate to even apply for credit. However, these......
BlockFi Appoints Yuri Mushkin as Chief Risk Officer
Finance Fintech News Risk Management

BlockFi Appoints Yuri Mushkin as Chief Risk Officer

Fintech News Desk
by Fintech News Desk0
Former McKinsey and Goldman Sachs Executive to Play Pivotal Role in Expanding Firm’s Cross-Market Risk Management Strategy BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, announced the appointment of Yuri Mushkin as Chief Risk Officer. Mushkin will oversee the firm’s......
Soldo, The Leading European Pay and Spend Automation Fintech Closes Record $180 Million Series C Funding Round led by Temasek
Fintech News

Soldo, The Leading European Pay and Spend Automation Fintech Closes Record $180 Million Series C Funding Round led by Temasek

Fintech News Desk
by Fintech News Desk0
Series C investment to accelerate international expansion and product development – The investment round is the largest to date in the spend management category – The Series C funding will be used to accelerate international expansion and product development Soldo, the leading European pay and spend automation platform, announces that......
Online Blockchain plc: Umbria DeFi Protocol Releases Exceptional Results for Cross-Chain Transfer of USDT
Blockchain DeFi News

Online Blockchain plc: Umbria DeFi Protocol Releases Exceptional Results for Cross-Chain Transfer of USDT

Fintech News Desk
by Fintech News Desk0
high speed and low cost for moving crypto assets between networks The testing of Umbria Network’s cross-chain Narni bridge is in its final stages. Narni will enable users to move ERC-20 tokens securely from one blockchain network to another cheaply, quickly and easily. In testing, moving USDT from the Ethereum......
CoinFund Debuts New $83 Million Fund to Back Cutting-Edge Entrants Across the Blockchain Industry
Blockchain Cryptocurrency Investments News

CoinFund Debuts New $83 Million Fund to Back Cutting-Edge Entrants Across the Blockchain Industry

Fintech News Desk
by Fintech News Desk0
CoinFund, a blockchain-focused investment firm founded in 2015 with the goal of shaping the global transition to digital assets, announced the closing of its third venture capital fund with an $83 million oversubscribed fundraise. The raise was backed by Venrock partners as well as a number of forward-thinking institutional allocators......
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