Tagged: iot

Digital Commerce and Fintech Platforms with Experience-Centric Models Enable “Long-Term Value Creation”: Report

Digital commerce platforms with experience-centric models are attractive to investors because of their focus on “long-term value creation,” according to a report from KPMG. Other businesses are also taking advantage of the benefits of experience-centric models, including ridesharing apps, media channels, Edtech companies, healthcare service… Read More

Global Internet of Things or IoT Security Market to Reach $22 Billion+ Valuation by 2027, Largely Due to Blockchain Adoption

The global internet of things (IoT) security market is expected to be valued at around $20.77 billion by 2027, which means that it’s expanding at a very significant compounded annual growth rate  (CAGR) of 32.3 %. As noted in a release, the rise in the… Read More

Ocean Protocol Developers to Build Bridge between their Marketplace and Energy Web Decentralized Operating System

The developers of Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, will be creating a “bridge” between the Energy Web Decentralized Operating System (EW-DOS) and Ocean’s data marketplaces. As mentioned in a… Read More

China’s Alibaba Cloud to Work with Singapore’s Fintech Academy to Improve Healthcare Sector Services in Southeast Asia

Hangzhou’s Alibaba Cloud (Aliyun), a Chinese cloud computing company that operates as a subsidiary of the e-commerce giant, Alibaba Group (NYSE:BABA), has partnered with the Fintech Academy in Singapore and Pfizer, an American multinational pharmaceutical corporation. Through the partnership, the two companies and the Fintech Academy… Read More

Digital Pakistan Initiative Is Making Progress, as Nation’s Digital Banking Infrastructure Is Upgraded, but Many More Improvements Needed

Pakistan needs to work on its economic development strategy. The country has a population of over 210 million, but its GDP hasn’t grown nearly as fast. The country’s GDP is around $300 billion and the average income is about $1,500 per year which is significantly… Read More

London-based Push Technology to Offer Diffusion Cloud, a Real-Time API Management Platform, Free of Cost to Help Companies During Global Crisis

UK-headquartered Push Technology, a provider of real-time intelligent data streaming and messaging services, will offer a cloud-powered platform for API management, called Diffusion Cloud. The platform will be available at no extra cost for the company’s new and existing clients. Push Technology notes that it… Read More

South Korean Government to Contribute Up to $3.2 Million to Develop Local Blockchain and DLT Projects

Government agencies in South Korea have announced their plans to support the nation’s blockchain or distributed ledger tech (DLT) sector. They will reportedly contribute up to $3.2 million in capital to local firms to help integrate the technology into various platforms. The South Korean Ministry… Read More

UK-based Fintech Finastra to Allow Customers to Use Conversational AI-based Retail Banking App

London-based Fintech firm Finastra has revealed that its customers will be able to Active.Ai‘s conversational artificial intelligence (AI)-based retail banking app, which was integrated with the FusionFabric.cloud platform. Active.Ai is now accessible via the FusionStore. Finastra is now offering banks and its credit union customers… Read More

Indian Finance Minister Nirmala Sitharaman Recommends Allocating $1.14 Billion to Boost Nation’s Fintech Economy, with Investments in AI, Machine Learning

The Indian government recently revealed its Union budget for the FY 2021. Following the announcement, it appears that the nation’s Fintech industry has been given special attention, as Indian finance minister Nirmala Sitharaman proposed on February 1 to introduce a policy for creating data center… Read More

Wirecard Teams Up With Sprint to Drive New Innovation in IoT & Unified Commerce

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it is teaming up with Sprint to integrate its unified commerce solutions into Sprint’s Curiosity Internet of Things (IoT) platform to deliver the “Internet of Payments.” The two companies, which were brought together… Read More

Insurtech: Boston-based Corvus Insurance Secures $31 Million According to SEC Filing

Boston-headquartered Corvus Insurance, a company that offers artificial intelligence (AI)-enhanced cyber insurance policies for firms, has sold shares worth around $31 million in a $33 million investment round, a US Securities and Exchange (SEC) filing confirmed. Corvus Insurance, which is notably one of BostInno’s 50… Read More

Japanese Business to Business Payments Firm JCB Partners Blockchain Developer Keychain to Deploy DLT Payments Solutions

Japan-based JCB, an established business to business (B2B) payments company, is teaming up with the Singapore blockchain tech solution developer Keychain, in order to deploy DLT-based platforms in the country’s payments industry. According to a press release, Keychain is creating a new data security framework… Read More

CIMB Bank Berhad’s Singapore Branch Conducts Blockchain-based Structured Trade Finance Transaction on iTrust’s Platform

The Singapore division of CIMB Bank Berhad carried out a structured trade finance transaction on a blockchain-based and internet of things (IoT) platform, developed by iTrust. The transaction reportedly involved the financing of Chinese imported dairy products and may generate yearly transaction flows of approximately… Read More

P2P Networking Platform For IoT Devices Helium Secures $15 Million Through Series C Funding Round Led By Union Square Ventures & Multicoin Capital

Helium, a P2P networking platform for IoT, has reportedly secured $15 million through its Series C funding round, which was co-led by Union Square Ventures and Multicoin Capital, with participation from existing backers Khosla Ventures, GV (formerly Google Ventures), FirstMark, and Munich Re Ventures. Founded… Read More

JAWOHLLLL! Ameria Crushes Goal, Secures €5.5M on Third Companisto Equity Crowdfunding Campaign

The German IoT platform Ameria successfully closed its €5.5M Companisto Series C/Growth Capital campaign at midnight, raising  the full €5,500,000 from 770 investors. Funding will be utilized to further develop the company’s existing CX Ecosystem and ensure innovation leadership. Investors include CEMA AG CEO Thomas Steckenborn, Carlos Dennis and Süddeutsche Privatkapital AG… Read More

Where Will Crypto be in 2019? Crypto Experts Share their Predictions

As the year comes to a close, let’s get the scoop on Cryptocurrency predictions for 2019! Crowdfund Insider reached out to the Fintech and crypto community for its thoughts on how the sector will change during the next year. What disruptions, innovations, regulation, and partnerships can… Read More

German IoT Maverick Ameria Nears €5M Crowdfunding Milestone

The German IoT platform Ameria has secured over 85% of its €5.5M Companisto Series C/Growth Capital goal, raising more than €4,753,990 from over 535 investors. Funding will be utilized to further develop the company’s existing CX Ecosystem and ensure innovation leadership. Pre-Valued at €50,000,000, Ameria plans to… Read More

German IoT Startup Ameria Nears €4M Crowdfunding Milestone on Companisto

The German IoT platform Ameria has returned to Companisto for its third crowdfunding raise and this run is surely the most successful to date.  Having already raised €3,941,900+ from more than 127 investors toward its €5.5M goal, Ameria provides Connected Experience®, a worldwide unique, highly scalable cloud platform… Read More

P2P Lender Lendable Receives Dutch Development Bank FMO Convertible Grant

Kenyan-based Fintech platform Lendable has been extended a convertible grant from Dutch Development Bank FMO to provide a “first loss” backstop.  The $450K convertible grant, provided by the Dutch government’s FMO managed MASSIF fund, aims to reach targeted end-beneficiaries through financing local financial intermediaries and institutions that… Read More

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