Singapore state investment giant Temasek led the round of funding, which will be used for global expansion.
As the invasion of Ukraine progressed, NFTs played a significant role, with many joining the conversation, and donating.
NFTs continue to play a significant role, with many platforms, communities, and individuals supporting Ukraine.
Goldman Sachs has announced they are exploring NFT's- Why? for some it's the logical next step for incumbents.
Last year, fintech API infrastructure players came into the African tech scene, ushering in Plaid-like services to businesses and developers. And the attention on these companies, particularly from venture capitalists, spiralled into this year, with each significant player raising large seed to Series A rounds. OnePipe, a fintech API company with a different play from...
Antony Jenkins, former CEO of Barclays and now head of 10x Future Technologies, writes in the FT that technology is...
Nine new startups spanning blockchain and digital currency are now a part of the FCA's regulatory sandbox; companies added are Billon, BitX, Epiphyte, Govcoin Limited, Otonomos, Nivaura, SETL, Tradle and Tramonex; FCA executive director of strategy and competition, Christopher Woolard, stated, "It has been an intense process for both firms and ourselves and we are grateful for their cooperation and hard work in getting us all to this position. We look forward to these businesses bringing new products and services to market whilst we ensure that appropriate consumer protection safeguards are in place." Source
Singaporean embedded finance company Nium has launched in the US and extended its range of Banking-as-a-Service products to include cryptocurrency buying.
For “legalize” read “regulate.”...
Non-bank lenders in the Netherlands have been capitalizing on the global financial crisis and decreased lending from banks; Jeroen van Hessen's Dutch Mortgage Funding Company has been a leader in non-bank mortgage lending, a market that now attributes 20% of the 662 billion euros ($693 billion) mortgage market to non-bank lenders; Hessen was a market leader in the non-bank lending movement which has attracted interest from institutional investors willing to bypass traditional channels for higher returns; the effects from non-bank entrants have begun to show more significantly in the mortgage lending market where market share for mortgage originations from the region's top three banks fell below 50% for the first time in 2016; non-bank lending in the Netherlands has also increased interest from surrounding European investors familiar with non-bank platforms. Source