Tagged: iot

March 18, 2020 @ 11:36 pm By Omar Faridi  |  

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

March 8, 2020 @ 12:51 pm By Omar Faridi  |  

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

February 3, 2020 @ 6:00 pm By Omar Faridi  |  

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

January 8, 2020 @ 9:41 am By Samantha Hurst  |  

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

January 5, 2020 @ 2:33 pm By Omar Faridi  |  

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

December 31, 2019 @ 2:53 pm By Omar Faridi  |  

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

October 20, 2019 @ 3:04 pm By Omar Faridi  |  

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

June 13, 2019 @ 8:42 am By Samantha Hurst  |  

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

January 15, 2019 @ 3:20 am By Erin Hobey  |  

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

December 31, 2018 @ 7:00 pm By Erin Hobey  |  

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

December 26, 2018 @ 9:19 am By Erin Hobey  |  

As 2018 winds down and we review the market’s ups and downs, it only makes sense to predict trends for 2019. This year Blockchain was in the news, daily making leaps and bounds in its advancement, and industry leaders predict that Blockchain’s momentum — and… Read More

December 20, 2018 @ 4:22 am By Erin Hobey  |  

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

December 6, 2018 @ 3:48 am By Erin Hobey  |  

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

August 23, 2018 @ 7:03 am By Erin Hobey  |  

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

January 11, 2018 @ 9:43 am By JD Alois  |  

OurCrowd, one of the largest crowdfunding platforms in the world, has launched a new $100 million global fund labeled “Cognitiv.” This specialized fund will focus on early-stage companies that leverage AI, IoT, robotics, digital manufacturing and more. Cognitiv is on a mission to fund tomorrow’s category… Read More

December 28, 2017 @ 7:34 am By Erin Hobey  |  

A yeti has been spotted… but with a tech twist. Fear not! Yeti SmartHome from Netbeast is set to take control of your home, if you let it. By connecting the devices in users’ homes through wireless technologies, Yeti allows users to control all the… Read More

December 27, 2017 @ 8:58 am By Erin Hobey  |  

Rivetz Corp., a platform focused on solving problems associated with consumer and machine-to-machine digital transactions, has joined the Trusted IoT Alliance, an open-source software foundation supporting a secure, scalable, interoperable, and trusted IoT ecosystem. As a member of the Trusted IoT Alliance, Rivetz will collaborate with… Read More

November 28, 2017 @ 11:51 am By Erin Hobey  |  

Chronicled, the blockchain-based smart supply chain solutions company, recently announced Ajit Kulkarni and Abhishek Gutgutia as its new Vice Presidents of Product. Kulkarni and Gutgutia are set to fill two essential roles as Chronicled continues to expand upon its client offerings and technological capabilities in… Read More

November 28, 2017 @ 1:01 am By JD Alois  |  

LATTICE80, a Singapore based Fintech hub that is the largest of its kind, has partnered with IOTA Foundation to open up a new innovation lab in Singapore. IOTA Foundation, based in Germany, holds a mission to support the development and standardization of distributed ledger technologies (DLT… Read More

August 10, 2017 @ 8:46 pm By Erin Hobey  |  

Scollar is offering securities under both Reg D and Reg CF on SeedInvest, seeking to raise $1M for its seed round. With the minimum investment set at $500, the modular smart collar for pets company has already exceeded $125K since launching its equity crowdfunding campaign on 13… Read More