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Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

TechCrunch

Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 The fintech plans to use the funding to double down on its operations in Kenya, and the Philippines, before exploring new markets in West Africa, Latin America, and Asia.

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Blockchain: Distributed Shared Ledger Technology in Banking

Hacker Earth Developers Blog

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. Since its inception ten years ago, there has been plenty of hype around blockchain. An overview of Blockchain in Business Process Management (BPM).

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

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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The Blockchain battlefront: Technology, business, and regulation

CIO

The great regulatory bureaucracy has awakened to the significance of blockchain-enabled technology, led by the SEC. . The new engine of innovation that the crypto markets looks a lot like the corporate stock shares we are familiar with, except with fewer intermediaries and less (you guessed it) regulation. Something else?

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Paystand banks $50M to make B2B payments cashless and with no fees

TechCrunch

The Scotts Valley, California-based company is using cloud technology and the Ethereum blockchain as the engine for its Paystand Bank Network that enables business-to-business payments with zero fees. On the commercial side, however, one business trying to send $100,000 the same way is not as easy. Paystand wants to change that.

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Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

TechCrunch

The fintech’s new growth strategy follows its plan to power its embedded finance offering beyond its current markets, including Uganda and Ghana, to bridge the financing gap affecting millions of micro, small medium-sized enterprises (MSMEs) across these markets. Image Credits: Pezesha.

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Blockchain startup Propy plans first-ever auction of a real apartment as a collectible NFT

TechCrunch

We previously wrote about Propy using blockchain technology to smooth real-world real estate sales by introducing the concept of smart contracts. Propy was the first blockchain startup to make that work. Propy, a blockchain-verified platform for selling houses, raises funding from Tim Draper.