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Fintech
·Aug. 2, 2022

Nace el dólar Prex: el rulo que es furor entre los uruguayos y se financia con reservas del Central – El Cronista

Se trata de una app nacida en el país vecino que permite a los extranjeros comprar y vender títulos o acciones como así también acceder a la moneda norteamericana a valor de cotización de Contado con Liquidación (CCL).
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Etheruem coins
Fintech
·Sep. 30, 2021

Nahmii aims to push Layer 2 solutions into commercial viability

Jacobo Toll-Messia’s mission is to scale Layer 2 solutions to the point where they become viable commercial uses and he wants Nahmii to take it there.

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Fintech
·Jun. 15, 2022

Narmi lands $35M to layer services on top of existing banking infrastructure

Narmi is a beneficiary. The startup today closed a $35 million Series B funding round co-led by Greycroft, NEA, and Picus Capital, bringing Narmi's cash raised to date to ~$60 million. "Given the worldwide shift toward digital and growing user expectations, we felt that a solution needed to be...
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Fintech
·Nov. 3, 2021

Narrower SBA direct lending plan fails to appease banks, credit unions | Credit Union Journal

The White House's latest budget proposal slashes funding for a program that would allow the Small Business Administration to make direct 7(a) loans. Lenders say the idea is still misguided.
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FintechNews RoundupUSA
·Mar. 17, 2017

Nasdaq and NYIAX Announce First Blockchain Exchange for Advertising Contracts

The New York Interactive Advertising Exchange has partnered with Nasdaq to create NYIAX, a blockchain trading platform for digital advertising contracts; Nasdaq has supported the system with its trading and blockchain technology; through the system publishers and advertisers can buy, sell and re-trade digital advertising as guaranteed contracts; NYIAX says it also plans to expand trading to other advertising markets including TV, print and radio.  Source

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FintechNews RoundupUSA
·Apr. 25, 2018

Nasdaq CEO Comments on Becoming Cryptocurrency Exchange

According to Nasdaq CEO Adena Friedman, the company is open to becoming a cryptocurrency exchange; Friedman stated, "I believe that digital currencies will continue to persist it's just a matter of how long it will take for that space to mature. Once you look at it and say, 'do we want to provide a regulated market for this?' Certainly Nasdaq would consider it.”; Friedman was less bullish on the future of ICOs. Source

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FintechNews Roundup
·Apr. 21, 2017

Nasdaq Launches Nasdaq Ventures

US stock exchange firm Nasdaq has announced the launch of Nasdaq Ventures; Nasdaq Ventures will be a venture capital investment unit of the firm; the business will focus on discovering, investing in and partnering with fintech companies globally; the business unit plans to make minority stake investments of $1 million to approximately $10 million in companies at all stages of development. Source

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FintechNews Roundup
·Feb. 27, 2017

Nasdaq VP Sees Blockchain Use in Capital Markets

Nasdaq Vice President Fredrik Voss is optimistic about the use of blockchain in capital markets trading; according to Cointelegraph, stock market transactions and the core premise of blockchain are compatible making stock market trading ideal for blockchain integration; blockchain technology could help with a number of trading factors including transparency and efficiency; according to Voss, blockchain technology is helping industry trading specialists to look at some of the market's trading problems with new options and solutions from blockchain's capabilities; while he is optimistic, Voss also says, "There is a long way to go before we see a very wide scale adoption of the technology in capital markets, but it looks more promising now than we thought three years ago."  Source

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Asia/PacFintechNews Roundup
·Mar. 14, 2019

Naspers Looks to Invest $1bn in India

South African based investment group Naspers, the largest shareholder of Tencent, is looking to find their next big success as...
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FintechNews Roundup
·Mar. 22, 2018

Naspers Sells Tencent Shares for Fintech Investments

Naspers is the most valuable listed company in Africa and is now selling $10 billion worth of shares in Tencent to invest in fintech, classified and online food delivery businesses; Naspers stake in Tencent is estimated at $545 billion; this is the first time the company has sold shares in the company after initially investing in 2001. Source

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