TechCrunch

OCTOBER 28, 2021

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

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CIO

DECEMBER 30, 2024

Data sovereignty and the development of local cloud infrastructure will remain top priorities in the region, driven by national strategies aimed at ensuring data security and compliance. The Internet of Things will also play a transformative role in shaping the regions smart city and infrastructure projects.

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TechCrunch

JULY 14, 2021

Phantom is part of a new class of crypto startups looking to build infrastructure that streamlines blockchain-based applications and provides a more user-friendly UX for navigating the crypto world, something that can make the entire space more approachable to a non-developer audience. billion Crypto Fund III. .

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TechCrunch

AUGUST 30, 2022

Founded in 2017 by Hilda Moraa , Pezesha has built a scalable digital lending infrastructure that allows both traditional and non-traditional finance institutions to offer working capital to MSMEs. Pezesha is tapping local and international banking institutions, HNWIs and DeFi for additional liquidity for onward lending.

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CIO

JANUARY 6, 2025

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Data sovereignty and local cloud infrastructure will remain priorities, supported by national cloud strategies, particularly in the GCC.

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TechCrunch

JANUARY 20, 2021

Two of its new backers are the government-owned Development Bank of Japan and JIC Venture Growth Investments, the venture capital arm of Japan Investment Corporation, a state-backed investment fund. Singapore’s government launches blockchain innovation program with $8.9 million in funding.

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TechCrunch

APRIL 12, 2021

However , they seem to be doing quite well compared with traditional banks that face challenges like legacy cost structures and a major lack of operational efficiency. It is one of the few companies that builds proprietary solutions for these financial institutions and their banking and payments services.

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TechCrunch

JULY 26, 2021

Sila announced Monday it raised $13 million in Series A funding for its banking and payment platform that gives software teams tools to build the next generation of financial products and services. CEO Karkal has a long history in the fintech space, co-founding Simple, an app unifying various accounts into one accessible bank card, in 2009.

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TechCrunch

APRIL 29, 2021

The company has been building infrastructure and white-label services for enterprise clients that want to offer cryptocurrency products to their own customers. For instance, Paxos plans to launch the Paxos National Trust Bank and to apply for a Clearing Agency registration with the SEC in the U.S.

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TechCrunch

JANUARY 27, 2022

Crypto custody platform Fireblocks is quite possibly “the most successful and least-known company in the blockchain space,” as described by its co-founder and CEO Michael Shaulov in an interview with TechCrunch. Fireblocks supports custody across 25 different blockchains, according to Shaulov. “It’s

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TechCrunch

JANUARY 19, 2022

Autograph , an NFT agency co-founded by athlete Tom Brady with a particularly deep bench of star power, has banked new funding from crypto investors who hope the platform can bring a new generation of celebrities and their fans into the fold of crypto collectibles.

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TechCrunch

JULY 13, 2022

About three-fourths of the teams are focusing on NFTs, infrastructure or decentralized finance (DeFi), while the majority of the teams are building on layer-1 blockchains Ethereum, Polygon and Solana. channels like Twitter or Discord onto blockchains. While 24 teams were admitted into the cohort, only 16 teams graduated.

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TechCrunch

APRIL 6, 2022

Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. With this infrastructure, developers are able to create highly contextualized and event-driven user experiences at the point of purchase,” it claims. Fidel API enables that future.”

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TechCrunch

MAY 4, 2022

According to a statement, the company seeks to “disrupt traditional centralized credit infrastructure by providing individuals, businesses and developers with the tools to access credit” via blockchain technology. The core principle for blockchain centers on the ownership of assets, including money and financial data.

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TechCrunch

JULY 8, 2021

Circle became a sort of Venmo clone with some blockchain technology under the hood. Auditing firms regularly check that issuers always keep as many USD in bank accounts as USDC in circulation. The company has then added various infrastructure products around USDC, such as Circle Accounts.

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TechCrunch

JUNE 22, 2022

Crypto custody and fintech infrastructure startup Prime Trust is positioning itself to do just that, and the company has just raised over $100 million in fresh funding to add new products to its existing suite, its CFO Rodrigo Vicuna told TechCrunch. Taking a step back, I think, has the macro market impacted the investment world?

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TechCrunch

MAY 13, 2021

Blockset , the blockchain infrastructure platform for enterprises by BRD , announced early access to its Wallet-as-a-Service today. Blockset’s clients include some of the largest ATM networks and Japanese investment bank (and BRD investor) SBI Holdings, CoinFlip, Welthee, CoinSwitch, Coinsquare and Wyre.

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CIO

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

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TechCrunch

JANUARY 8, 2023

Synctera says it is providing the infrastructure for Wahed to make its services available to the 3.5 and Malaysia and is using Synctera’s offering to build bank account products and roll out a debit card program linked to its app for Muslim Americans. million residents of Muslim faith in the U.S. customers….We

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TechCrunch

JULY 27, 2021

Fireblocks , an infrastructure provider for digital assets, has raised $310 million in a Series D round of funding that tripled the company’s valuation to $2.2 The latter is the third global bank to invest in Fireblocks in addition to the Bank of New York (BNY) Mellon and SVB Capital. . billion in just over five months.

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TechCrunch

MARCH 2, 2022

However, the challenge has always been establishing connections with central banks, which remain majorly rigid, and slow to catch up with changes in the financial technology space. The startup, which carried out a successful pilot in Africa, has signed five agreements with central banks in the continent and the Caribbean region.

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TechCrunch

OCTOBER 7, 2021

” In 2015, she got acquainted with blockchain and thought it was the perfect technology to solve the problems she faced while growing up. and caters to them via a partnership with crypto payment infrastructure company MoonPay so they can remit money to friends and family in Africa. So it stayed on my mind.”

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TechCrunch

NOVEMBER 16, 2021

The pandemic has resulted in a shift in consumer behavior that now favors contactless and digital banking options, and with one in four U.S. Building infrastructure and providing top-notch cybersecurity is at the core of what we do, not the sideshow. It needs to be both effective and secure. This is where fintech can step in.

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TechCrunch

APRIL 5, 2022

Lightning Labs is building infrastructure that would enable users to send money across the world almost instantaneously and at a low cost through the Bitcoin network. While Lightning Labs won’t be issuing the stablecoins directly, Taro will provide the infrastructure and rails for stablecoin transfers to take place.

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TechCrunch

SEPTEMBER 22, 2021

Tatum is a blockchain infrastructure startup that wants to make it much easier to develop your own blockchain-based product. Tatum lets you interact with blockchains using API calls. Koa sees an opportunity to bring banking services to more people in Kenya. Wish them luck.

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TechCrunch

MAY 11, 2022

Data from blockchain intelligence firm Chainalysis says the region’s crypto usage grew 1,200% last year, making it the third-fastest growing cryptocurrency economy. “What we’re doing is we’re creating financial infrastructure for people to build their lives.

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TechCrunch

JANUARY 11, 2022

It’s also worth noting that despite having a marketing slogan which paints itself as “your bank of things”, Twig is not actually a bank; rather a Twig account is an “e-money account” — so there are key regulatory differences (such as Twig accounts not being covered by the UK’s deposit guarantee scheme).

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TechCrunch

MARCH 9, 2023

After that, Tweed’s wallets are compatible with the Ethereum, Polygon and Tezos blockchains. In addition to this wallet infrastructure, Tweed also offers payment integrations. Tweed is also working on offramps to receive fiat to a bank account. Users can store both NFTs and tokens in those wallets.

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TechCrunch

DECEMBER 15, 2021

Founded in 2017 by Szymon Sypniewicz (CEO) and Przemek Kowalczyk (CTO, CPO), Ramp has a non-custodial, full-stack payment infrastructure. It is also the exclusive on-ramping partner for Sorare, the blockchain-based, global sports video game, and Flow, the blockchain which specializes in NFT marketplaces and digital assets.

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Crunchbase News

MARCH 20, 2025

Digital bank Chime , the second-biggest fundraiser, is much further along the IPO path, having reportedly filed confidentially recently for a public offering. Crypto and blockchain unicorns Weve also got some crypto and blockchain-related companies on the list. Founded in 2012, San Francisco-based Chime has raised $2.3

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TechCrunch

APRIL 27, 2022

Bogota-based payments infrastructure startup Minka has secured $24 million in a funding round co-led by Tiger Global Management and Kaszek. The network was designed to connect separate legacy systems through blockchain concepts and APIs “to simplify the movement of complex money flows.”.

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The Crazy Programmer

NOVEMBER 6, 2021

Blockchain Engineer. Blockchain is one of the leading technologies of the current era, especially for the banking and financing sector. And in the upcoming future, the career of blockchain engineer is going to be demanding. So, if you become a blockchain engineer, you can easily earn Rs6,00,000 to Rs36,00,000 per annum.

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TechCrunch

MAY 4, 2022

We decided to do this raise right now because we grew so much in the past year that there’s an unlimited opportunity to go out and be the infrastructure that enables all institutions to onboard digital assets,” Douglass said. The capital will be used to build new product lines, and although Amberdata has existing deals in the U.S.,

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TechCrunch

MAY 13, 2022

The startup is keeping things as vague as possible on its website and job listings with redacted graphics promising “consumer finance solutions for a changing web” and that they’re “building protocols and infrastructure,” doing something “at the intersection of fiat and crypto.”

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TechCrunch

MAY 4, 2022

Right now for most financial professionals, their audit trail of crypto transactions is a debit transaction from Silicon Valley Bank or whichever bank, into a centralized exchange like Coinbase,” Jaskiw explained. Generally, companies interacting with blockchains struggle to make sense of their fragmented activity, according to Jaskiw.

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TechCrunch

AUGUST 7, 2022

Last week, Paystand — a blockchain-enabled B2B payments startup — announced it had acquired Mexican fintech Yaydoo — creating a new unicorn in the resulting new entity. has a legacy, centralized financial infrastructure that needs to be disrupted and re-imagined by fintechs with blockchain technology. and Mexico. Today the U.S.

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TechCrunch

MAY 10, 2022

Its status stems, in part, from the advantage of having been the first cryptocurrency token on a public blockchain. . But as new blockchains continue to spring up, and after last year’s “DeFi” summer that brought new traction to Ethereum, Bitcoin investors have had to start watching their backs. More than just an asset.

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