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

AUGUST 19, 2022

Comedian John Oliver quipped that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about technology.” The great regulatory bureaucracy has awakened to the significance of blockchain-enabled technology, led by the SEC. . The ongoing battle.

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TechCrunch

DECEMBER 15, 2022

Encrypted blockchains provide transparency for the protocol but privacy for the users, so people aren’t required to show their identities when transacting, Williamson said. We have this exciting new technology and opportunity to transform the lives of everyone in the world, but we need encryption to make it a reality.”.

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TechCrunch

AUGUST 30, 2022

Pezesha solves this through our robust API driven credit scoring technology,” Moraa, also the CEO, told TechCrunch. Pezesha is tapping local and international banking institutions, HNWIs and DeFi for additional liquidity for onward lending. The round also included a $5 million debt from Talanton and Verdant Capital Specialist Funds.

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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

SEPTEMBER 14, 2022

Arpeggi Labs , a new crypto startup focused on using blockchains to make music creation more collaborative, has scored $5.1 This is a functionality that may not innately require the blockchain, but Arpeggi’s founders say the technology simply makes it easier. and web3 music platforms. .” and web3 music platforms.

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CIO

JULY 20, 2023

Customer experience and security But as in most industries, customer expectations and security challenges continue to grow along with technological advances. Banks continue investing in technologies that make the customer experience seamless, including mobile apps and peer-to-peer payments. Security and privacy.

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TechCrunch

FEBRUARY 11, 2021

Cryptocurrency pioneer and early Bitcoin thought-leader Diana Biggs has joined Swiss-based startup Valour , which lets investors easily buy digital assets through their bank or broker. Prior to joining Valour, Biggs was Global Head of Innovation for HSBC Private Banking, where she led on fintech partnerships and driving open innovation.

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TechCrunch

JUNE 23, 2022

And yet, NFT startup Cryptoys is raising tens of millions of dollars with the goal of building a blockchain-based toy company that can expose younger users to the ideas of digital ownership and NFT mechanics. With that as background, it might not seem like the best time to launch an NFT platform, let alone one geared toward children.

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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

MAY 26, 2022

The trio say they have banked $4 million in early funding led by DCVC for their project. But that was like 13 or 14 years ago, and technology has changed,” Crowley tells TechCrunch. to Niantic for an undisclosed sum, as well as designer John Gaeta, who best known for his work on the Matrix Trilogy.

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TechCrunch

AUGUST 22, 2021

Blockchain startup XREX was launched to help cross-border businesses in emerging markets perform faster transactions with products like a payment escrow service and crypto-fiat exchange platform. Huang sold his previous startup , anti-malware SaaS developer Armorize Technologies, to Proofpoint in 2013.

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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

AUGUST 16, 2021

Over just the last year or so, we’ve seen: In February 2020, LendingClub announced plans to acquire Radius Bank in a cash-and-stock transaction valued at $185 million. million in a deal that was designed to accelerate its acquisition of a national bank charter.

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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. Stage: Seed.

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TechCrunch

JULY 8, 2021

Circle became a sort of Venmo clone with some blockchain technology under the hood. The media certainly classified us that way because we were involved with the technology. Auditing firms regularly check that issuers always keep as many USD in bank accounts as USDC in circulation.

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CIO

DECEMBER 8, 2024

ADIB-Egypt has announced plans to invest 1 billion EGP in technological infrastructure and digital transformation by 2025. This ambitious initiative is poised to position ADIB-Egypt at the forefront of the digital banking revolution, transforming how customers interact with their financial services.

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TechCrunch

FEBRUARY 15, 2022

We have a busy slate for you today, including news sure to annoy the blockchain faithful, new funds, Facebook’s latest rebrand and more. India continues to debate the fate of cryptocurrencies : A nation’s regulatory and banking bodies debating blockchain technology and its related tokens is a daily occurrence.

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OTS Solutions

OCTOBER 11, 2018

The Impact of Blockchain Technology on Financial Services. Blockchain development has created substantial changes in the financial sector and how people conduct financial transactions. The blockchain technology appears to be permanent and is the power behind decentralized currencies. The Potential of Blockchain.

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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

NOVEMBER 2, 2022

Microsoft has backed Wemade, a popular video game developer that has made aggressive bets on blockchain in recent years, the latest sign of tech giants’ showing growing interest in web3. In the last few years, Wemade has been exploring ways to incorporate blockchain technology into its new titles and offerings.

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TechCrunch

JANUARY 8, 2023

The story was among the most read on the site that day, further evidence that people are really interested in technology that relates to the property rental market, specifically when it comes to investing. Synctera CEO/founder Peter Hazlehurst wrote via email: “We’re really excited to help Wahed launch banking products for their U.S.

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TechCrunch

DECEMBER 15, 2021

That’s because Anchorage received a federal banking charter, turning it into a digital asset bank. With its federal banking charter, Anchorage has a good barrier to entry in case other companies want to compete in the same space. You may wonder why such a big group of investors want to put some money in Anchorage.

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TechCrunch

MAY 11, 2022

In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5 ” Crowdz claims to be the only non-bank fintech that is offering both invoice-based and recurring revenue financing. Payson Johnston and Steven Lee started Crowdz in 2014 after working as B2B supply-chain senior managers for global processes at Cisco. million. . “A

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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

JULY 27, 2021

Sequoia Capital , Stripes and Spark Capital co-led Fireblocks’ latest round, which also included participation from Coatue , DRW VC and SCB 10X – the venture arm of Thailand’s oldest bank – and Siam Commercial Bank. Siam Commercial bank, for example, is using the company’s infrastructure to transform into a blockchain-based bank.

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TechCrunch

JANUARY 12, 2021

The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. Zipmex’s goal is to become the largest digital exchange in the Asia Pacific, where interest in cryptocurrency investing and blockchain technology is increasing quickly. million in funding.

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CIO

NOVEMBER 26, 2024

Our primary goal has always been to innovate in ways that directly benefit our clients, ensuring that our products and processes, particularly in technology, are tailored to meet their evolving needs and daily demands. This approach has significantly enhanced the customer banking experience.

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MagmaLabs

SEPTEMBER 15, 2022

Reading Time: 4 minutes Blockchain is relatively a new technology that is quickly transforming the world. But what exactly is blockchain? What Is The Blockchain? Blockchain technology has existed for over a decade. How Do Blockchains Work? How Are Blockchain Transactions Secured and Approved?

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The Crazy Programmer

NOVEMBER 6, 2021

IT or Information technology is the industry that has registered continuous growth. The Indian information Technology has attained about $194B in 2021 and has a 7% share in GDP growth. Because startups like Zerodha, Ola, and Rupay to large organizations like Infosys, HCL Technologies Ltd, all will grow at a mass scale.

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Perficient

FEBRUARY 22, 2023

Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. Banks are using AI to analyze large amounts of data, make predictions, and automate complex processes.

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OTS Solutions

JULY 28, 2022

The financial services industry has traditionally been a slow adopter of modern technology. The term “digital transformation” refers to integrating digital technology into all aspects of an organization, which results in a fundamental shift in how the business operates and provides an enhanced experience to its consumers.

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CTOvision

AUGUST 17, 2020

Blockchain technology promises to revolutionize many aspects of how we do business and, if you believe the blockchain hype (of which there is plenty), may even be as disruptive as […].

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Openxcell

MARCH 25, 2019

Blockchain Trends in 2019 : The Blockchain technology , also termed as Distributed Ledger Technology (DLT), enables secure transaction over a distributed network. The blockchain technology eliminates the need for third-party verifications since all the parties share the ledgers over the distributed system.

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CTOvision

APRIL 19, 2019

Read Pratip Biswas explain how blockchain technology can revolutionize the banking sector by using the Hyperledger on Dzone Blog : The banking sector forms the backbone of any economy. With the technology innovations making way into the arena, the banking sector has been moving away from traditional methods.

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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. They are former executives from Amazon, PayPal, Uber, NVIDIA, Founders Bank, and Rappi. But what may make the web3 upstart stand out is its subsequent products.

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TechCrunch

JANUARY 7, 2022

The startup is currently working with 30 credit institutions, including digital lenders, micro-finance institutions and banks. The duo will be part of the team that will steer the startup’s new business as it works to disrupt traditional finance by leveraging blockchain technology for secondary debt markets. Lenders in the U.S.

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