Tagged: infrastructure

July 27, 2023 @ 8:24 pm By Omar Faridi  |  

Q-CTRL, a global firm focused on developing useful quantum technologies through quantum control infrastructure software, announced the addition of Morpheus Ventures as a new investor in their record-setting Series B funding round, which has raised $54 million USD. Morpheus Ventures, “known for its expertise in… Read More

July 26, 2023 @ 3:34 pm By Omar Faridi  |  

Rainbow Energy says they have some updates for their business customers. They are now working with Funding Circle (LSE: FCH), which claims to be the leading platform for small business loans, as a trusted partner in order “to help small businesses get the infrastructure in… Read More

July 23, 2023 @ 5:33 pm By Omar Faridi  |  

Primer, the payments automation platform offering the infrastructure for effortless commerce experiences, today announces its new partnership with Volt, the company building the global infrastructure for real-time payments, “enabling access to instant bank payments to Primer’s customers.” The tough economic climate in the UK, “driven… Read More

July 19, 2023 @ 9:36 pm By Omar Faridi  |  

Paddle, the complete payments infrastructure provider for software companies, announces AI Launchpad, a new 6-week program run by Paddle aimed at empowering ambitious software founders to build, launch and scale their AI-powered business ideas. Working with industry experts, participants will “receive tailored guidance and actionable,… Read More

July 18, 2023 @ 10:33 pm By Omar Faridi  |  

Euroclear, the global provider of financial market infrastructure, recently announced the completion of its acquisition of Goji. Euroclear announced its intent to acquire Goji on 12 December 2022. Financial terms of the transaction were “not disclosed.” The acquisition of Goji aligns “with Euroclear’s strategy of… Read More

July 11, 2023 @ 12:20 pm By Omar Faridi  |  

NovoPayment, a mission-critical financial and payments infrastructure provider, released Orchestra 2.0, an advanced cloud-based middleware orchestration layer of its BaaS platform. Orchestra is designed “to help financial institutions quickly modernize their infrastructure in a more secure, scalable, and cost-effective way.” The solution enhancements “include more… Read More

July 11, 2023 @ 11:22 am By Omar Faridi  |  

RTGS.global, the Financial Market Infrastructure (FMI) streamlining cross-border settlements, has signed “landmark” pilot agreements with two innovative banks as momentum builds in emerging markets for its settlement service. MDO Humo in Tajikistan and Credo Bank in Georgia are the progressive institutions that will run pilots… Read More

July 10, 2023 @ 6:05 am By Omar Faridi  |  

While Decentralized Physical Infrastructure Network (DePIN) development is still nascent, there has “been considerable progress over the past five years with startups seeking to disrupt traditional, multibillion-dollar infrastructure industries such as server (cloud), wireless telecom, sensor networks, and energy and transportation,” according to an update… Read More

July 3, 2023 @ 11:45 am By Omar Faridi  |  

Unit21, the risk and compliance infrastructure company, is pleased to share its $45 million Series C funding led by Tiger Global and South Park Commons in 2022. The funding has “supported the growth of the Fintech Fraud DAO consortium, which is experiencing a surge in… Read More

June 30, 2023 @ 7:33 pm By Omar Faridi  |  

Gr4vy, the Cloud-native payments infrastructure company, announced a new investment from W23, Woolworths Group’s venture capital arm. This strategic investment expands “on an existing partnership and reflects continued confidence in Gr4vy from Australia and New Zealand’s largest retailer.” Gr4vy previously “raised $27.2M in total funding… Read More

June 30, 2023 @ 6:58 am By Omar Faridi  |  

QuickNode, a provider of blockchain infrastructure, announces that it now supports the XRP Ledger (XRPL). This integration makes the XRPL, “a Layer 1 open-source, energy-efficient, and decentralized blockchain, available to the global developer community on the QuickNode platform.” Adding the XRPL to QuickNode will “help… Read More

June 29, 2023 @ 8:00 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will “provide a range of payment services, including connection to… Read More

June 29, 2023 @ 7:26 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance (which has been sued by US regulators for a wide range of issues), continues to support the growth of the DeFi sector and has participated in a strategic funding round for Maverick Protocol, a DeFi… Read More

June 28, 2023 @ 3:23 pm By Omar Faridi  |  

Dock, an innovator in payments and digital finance infrastructure across Latin America, announced the launch of Responsible Credit Solutions on its proprietary Dock One platform. These solutions enable businesses “to offer an array of flexible, customizable credit and loan products to their customers in a… Read More

June 25, 2023 @ 5:03 pm By Omar Faridi  |  

We recently connected with Dr. Ben Zhang, COO & Co-founder of NodeReal, which claims to be a one-stop blockchain infrastructure and service provider that embraces the high-speed blockchain era and empowers developers by “Make your Web3 Real”. They aim to provide scalable, reliable, and efficient blockchain… Read More

June 25, 2023 @ 4:53 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has led a $10 million funding round for Neutron as part of its ongoing drive to support the development of secure DeFi infrastructure and tooling. The investment round was “co-led by CoinFund, with participation from… Read More

June 24, 2023 @ 10:37 am By Omar Faridi  |  

Account-to-account (A2A) payment infrastructure provider, Token.io, announces the launch of its virtual settlement accounts, enabling payment providers to unlock the full potential of ‘Pay By Bank’ for ecommerce. Token.io’s new virtual accounts solution will “provide payment providers with real-time notification of settlement as they collect… Read More

June 15, 2023 @ 10:50 pm By Omar Faridi  |  

Astra, a provider of infrastructure for faster payments, today announced a partnership with Alloy, the identity risk management company, to streamline the onboarding process for existing Alloy customers to leverage Astra’s advanced transfer technology in their applications. Gil Akos, CEO and co-founder of Astra, said:… Read More

June 15, 2023 @ 11:52 am By Omar Faridi  |  

Boson Protocol, an open-source, foundational infrastructure for facilitating decentralized commerce on Web3, has made the strategic appointment of Holly Wood as Director of Business Development. Holly will be “driving adoption of the protocol after Boson moved from closed beta to open access earlier this month.”… Read More

June 14, 2023 @ 10:21 pm By Omar Faridi  |  

Normal Computing, the startup building full-stack probabilistic compute infrastructure enabling artificial intelligence (AI) for the most critical and complex applications, announced today that it has raised $8.5M in a Seed funding round led by Celesta Capital and First Spark Ventures, with participation from Micron Ventures…. Read More