Global Fintech Waves Secures $120 Million Through Private Funding Round For Enterprise Blockchain Solution

Waves Platform, a global fintech startup, announced on Thursday it raised $120 million through its recent private funding round for its new enterprise blockchain solution. Founded in 2016, Waves revealed it is developing tools for building the decentralized technology layer that will become the backbone… Read More

Tendermint Scores $9M Series A Round & Leads Interchain Foundation’s New Cosmos Network

The Interchain Foundation, a Swiss non-profit foundation supporting research and development for secure and scalable open-source software, has launched Cosmos Network, a decentralized network of independent, scalable and interoperable blockchains. The Foundation views the Cosmos Network as the next step in the evolution of blockchain… Read More

Securities Commission Malaysia Discusses 2018 Annual Report & Plans for Capital Market Ecosystem, Alternative Funding Raises USD $197.7 Million

According to the Securities Commission Malaysia in conjunction with the release of its 2018 Annual Report, the Malaysian capital market continued to play a key role in financing the economy against a backdrop of challenging global market conditions. “Though occasionally tempered by uncertainties stemming from rising… Read More

Standard Chartered Launches Digital SME Platform in India

Standard Chartered announced on Thursday it is set to launch an open platform for Small and Medium Enterprises (SMEs) in India to provide access to a range of financial and business solutions. Standard Chartered reported that this is one of the disruptive business ventures being… Read More

seriesOne Announces Acquisition of Dynamo Development to Accelerate Global Expansion Efforts & In-House Software Development

Fintech

seriesOne, a blockchain based fintech firm, announced on Wednesday its acquisition of Dynamo Development, a custom software development company with a mature engineering team based in the Ukraine. According to seriesOne, the acquisition enables it to expand and strengthen its in-house technology development capabilities, to accelerate… Read More

Blockchain Security CoolBitX Partners with ABACA, TCBSRO Approves MoU

Taiwan-based blockchain security company CoolBitX, creator of the Bluetooth mobile hardware wallet for digital assets, the CoolWallet S, has created a tech partnership with the Asia Blockchain and Crypto Association (ABACA), the appointed Self-Regulatory Organization (SRO) of the Philippine government agency Cagayan Economic Zone Authority… Read More

Deutsche Borse Partners with Swisscom and Sygnum on Digital Asset Ecosystem

Deutsche Börse, Swisscom and Sygnum are partnering on the creation of a “trusted digital asset ecosystem” to build a platform to provide digital asset issuance, liquidity and banking services. The partnership is indicative of the growing acceptance by mainstream finance regarding the potential of distributed… Read More

Micro Investing Mobile App Stash Secures $65 Million Through Series E Funding Round; Launches Banking & “Stock-Back” Rewards Program

Stash, a U.S.-base micro investment mobile app, has raised $65 million through its Series E funding round. Founded in 2015, Stash describes itself as a digital-first financial services company committed to making saving and investing accessible to everyone. The company explained: “ By breaking down… Read More

PayPal Commits to Making $750 Million Strategic Investment in MercadoLibre

MercadoLibre, Inc. (NASDAQ: MELI), a Latin American e-commerce technology company, announced on Tuesday it intends to offer approximately $1 billion of common stock. The company reported it also intends to grant the underwriters a 30-day option to purchase up to $150 million of additional shares… Read More

Fintech & Insurtech novae Launches All-Digital Platform Onboard

Novae, a U.S.-based fintech and insurtech firm, announced on Wednesday it has launched Onboard, which is described as an all-digital platform that allows bank cardholders to access all their card-related benefits by simply downloading the app and entering the first six digits of their cards…. Read More

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