Blockchain

Financial inclusion on the mind of Sri Lanka with payment solution launch

The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.

Digital asset management software Qredo hits $460m valuation

Qredo, a developer of digital asset management infrastructure, has closed its Series A on $80m, which puts its valuation at $460m.

Blockchain consortium RiskStream to work with B3i Services for parametric home insurance

The Institutes RiskStream Collaborative, the risk management and insurance industry’s blockchain consortium, has partnered with B3i Services AG, to explore automation in home insurance.

Crypso pulls in $3m seed funding

Crypso, a community-led investing platform for crypto, has raised $3m in a seed financing round headed by Hashed Emergent. 
New York

New York Fed, MAS link to explore wCBDCs for cross-border payments

The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
FilSwan

FilSwan bags $3m in funding raise

FilSwan, a Canadian cross-chain infrastructure for web3, has landed $3m in an investment round.  
Entendre

Web3 accounting and bookkeeping firm Entendre lands $4m

Entendre, the first fully automated accounting and bookkeeping solution for Web3 companies, has bagged $4m in seed funding.
fintech insurtech wealthtech regtech ai cybertech esg news

Billon picks up $2m for ledger-based banking services

Distributed ledger-based payments firm Billon has raised $2m in funding from a collection of unnamed UK investors.
fintech insurtech wealthtech regtech ai cybertech esg news

Streamr ends ICO after hitting hardcap on $30.5m

Blockchain-based data stream Streamr has ended its ICO after hitting its hard cap, pulling in around $30.5m.

Onerio nets $3m seed investment from COSIMO Ventures

Blockchain and cryptocurrency technology developer Onerio has netted $3m in its seed investment round from COSIMO Ventures.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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