Tagged: infrastructure

April 6, 2023 @ 1:47 pm By Omar Faridi  |  

LayerZero Labs, the team behind the messaging protocol LayerZero, announced the closing of a $120 million Series B funding round, valuing the company at $3 billion. The investment round “saw participation from 33 investors, including a16z crypto, BOND, Christie’s, Circle Ventures, OpenSea Ventures, Samsung Next,… Read More

April 6, 2023 @ 9:00 am By Omar Faridi  |  

TerraPay, a global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The investment round was “led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation… Read More

April 3, 2023 @ 4:27 pm By Omar Faridi  |  

Blade Labs, Hedera’s wallet infrastructure provider, and the creators of the enterprise grade Blade Wallet, are announcing the launch of their suite of SDK integration products to further accelerate Web3 adoption. With the help of these new products, project developers can now quickly and easily… Read More

April 1, 2023 @ 1:27 pm By Omar Faridi  |  

Regpack, a software leader that enables quick and simple automation of billing and other business processes, announced a partnership with Stripe, a financial infrastructure platform for businesses. With Stripe, Regpack will “enable its customers to expand services and receive payments in Euros, Yen and the… Read More

April 1, 2023 @ 12:37 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced a partnership with FinClusive, a global Compliance-as-a-Service (CaaS) infrastructure provider for financial services, “to provide account and payment services to advance secure and compliant access to the financially underserved.” Gilles Gade,… Read More

March 27, 2023 @ 10:43 pm By Omar Faridi  |  

We recently connected with Dr. Amrit Kumar, COO at Altlayer, which focuses on building key infrastructure for Web 3.0, an evolving set of standards that aims to support the Internet of the future. Dr. Amrit Kumar (currently at Altlayer) previously co-founded Zilliqa Research, where he… Read More

March 27, 2023 @ 6:35 pm By Omar Faridi  |  

Banxa, the on-and-off ramp solution for web3, has integrated with The Graph, the decentralized infrastructure protocol, “to allow users to pay with fiat currency to access blockchain data organized by The Graph.” This integration, now “available directly in The Graph’s user interface, decreases barriers to… Read More

March 25, 2023 @ 4:45 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced a new partnership with U.K. based Pay.com. This partnership will “enhance and expand Pay.com’s automated payment platform into the U.S. and drive additional growth opportunities.” Gilles Gade, Founder, President and CEO of… Read More

March 22, 2023 @ 8:21 am By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has teamed up with UK neobanking start-up Science Card in order to launch a payments card, which forms “part of a new infrastructure for funding scientific research, designed to create the future earlier rather than later.” Science Card’s customers… Read More

March 16, 2023 @ 7:33 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced OpenAI has chosen Stripe to power payments as it “moves to commercialize its groundbreaking ChatGPT and DALL·E generative AI technologies.” Stripe is also “incorporating OpenAI’s new natural language technology, GPT-4, into its products and services.” Peter Welinder,… Read More

March 16, 2023 @ 8:11 am By Omar Faridi  |  

Cashlink, the Frankfurt-based Fintech providing infrastructure for tokenized assets, has closed a Series A funding round in the mid-seven-figure range. New investors on board “include Swiss venture capitalist TX Ventures, as well as Futury Capital, Beteiligungs-Managementgesellschaft Hessen and several business angels.” In addition, existing investors… Read More

March 11, 2023 @ 5:20 pm By Omar Faridi  |  

Binance, which claims to be the world’s leading blockchain and cryptocurrency infrastructure provider, has announced the launch of Binance Card in Colombia. One of Binance‘s top markets boasting high levels of crypto adoption, Colombia becomes the third country in Latin America “to support the product,… Read More

March 10, 2023 @ 5:39 pm By Omar Faridi  |  

Nationwide Building Society has selected Accenture (NYSE: ACN) and Form3 to transform its digital payments infrastructure through the adoption of “a cloud native platform, aiming to enhance the customer experience with seamless, secure and fast transactions.” As digital payments continue to grow, the cost-efficient solution… Read More

March 10, 2023 @ 4:23 pm By Omar Faridi  |  

Driven by strong market momentum and customer traction, Monnai, provider of the world’s first global consumer insights infrastructure for financial institutions, announced a $6.5 million Series A funding round led by Tiger Global. Better Tomorrow Ventures, which “led the company’s seed round six months earlier,… Read More

March 8, 2023 @ 12:11 pm By Omar Faridi  |  

Mysten Labs, a Web3 infrastructure company and initial developer of the Sui Layer 1 blockchain, announced the signing of a Memorandum of Understanding with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. Under the terms of the MOU, Alibaba Cloud will aim… Read More

March 7, 2023 @ 5:37 am By Omar Faridi  |  

Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), announced plans to launch an AWS infrastructure Region in Malaysia. The new AWS Region will “give developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, greater choice for running their applications and… Read More

March 6, 2023 @ 3:17 am By Omar Faridi  |  

Berlin-based infrastructure fintech Upvest supports the mobile banking and investment app Vivid with its Investment-API, “enabling Vivid to expand its range of investment opportunities for private investors.” Upvest’s API solution allows Vivid’s end-customers “to invest in European ETFs and stocks with all relevant shareholder rights… Read More

March 2, 2023 @ 8:34 pm By Omar Faridi  |  

iLex, a market infrastructure provider for syndicated loan and private debt markets, announced it has raised US$4.5 million in new capital. The investment round was “led by QBN Capital, with participation from existing and new investors.” This brings iLex’s total equity fundraising to US$8.5 million…. Read More

March 2, 2023 @ 4:33 pm By Omar Faridi  |  

We recently caught up with Sarah Howell, SVP of Partner Programs at Infinant, a financial technology company that provides pioneering infrastructure to help banks build embeddable financial products above their legacy banking technology. Sarah Howell shared her insights on the origins of the ecosystem strategy,… Read More

March 2, 2023 @ 12:09 pm By Omar Faridi  |  

Lacework, the data-driven cloud security company, announced that Verifone, a global FinTech and payment solution provider to the world’s best-known brands, has selected the Lacework Polygraph Data Platform “to help secure its cloud infrastructure as the company moves to a cloud-native DevSecOps model.” Verifone’s platform… Read More