The team at Blockstream, which claims to be the global leader in Bitcoin and blockchain tech, notes that they’re pleased to introduce Greenlight, which is their latest Lightning Network (LN) service. Blockstream, which aims to make financial markets more efficient by reducing reliance on trust... Read More
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The United Arab Emirates (UAE) ranked first among the Arab nations in FinxAr. As covered, the Arab Monetary Fund introduced the Index of Modern Financial Technologies in the Arab countries (called the FinxAr). The index aims to provide insights on the ongoing developments in the... Read More
AIA Malaysia reveals that it will be acquiring a minority stake in TNG Digital, which is the owner of Touch ‘n Go digital wallet. This deal will reportedly be a key part of a long-term strategic partnership. The Edge reported that this transaction should make... Read More
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Xero, a Cloud-powered accounting software application for SMBs, reveals that it has expanded its existing collaboration with UOB (SGX: U11) in order to provide companies with free access to the UOB Start Digital (for those that qualify). This offer will be available via the platform... Read More
C.R.E.A.M. Finance, a decentralized lending protocol, has revealed that it will be “the first” protocol in the decentralized finance (DeFi) space to provide a Euro-backed stablecoin in, “with the addition of Tether tokens pegged to the euro (EURt).” Paolo Ardoino, CTO at Tether Operations Limited,... Read More
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Pakistani online payments Fintech SadaPay reveals that they’ve welcomed Muhammad Khalil who’s joining them as their new Head of Internal Audit. As noted in an update from SadaPay, Khalil brings audit experience from “some of Pakistan’s leading corporates” including U Microfinance Bank, Wi-Tribe as well... Read More
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Digital lending software provider Blend (NYSE:BLND) has listed its shares on the NYSE after submitting its registration statement with the US Securities and Exchange Commission (SEC), earlier this year, in order to go public. The Fintech said will now focus on accelerating its ability to... Read More
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Cyprus-regulated digital assets hedge fund ARK36 announced that it is appointing Loukas Lagoudis to serve as Executive Director and Socrates Minas as Investor Relations Manager in order to strengthen its Cyprus investment division. According to a note shared with Crowdfund Insider, Loukas Lagoudis will be... Read More
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Canada-based Paystone has acquired CAD 30 million in capital from the private equity division of Crédit Mutuel Alliance Fédérale. Paystone‘s payment processing and customer engagement solutions are currently being used by more than 30,000 merchants in Canada as well as the US. They collectively handle... Read More
Bitcoin is once again surging after tumbling below $30,000 last week. Today, Bitcoin is bouncing around $40,000 – a pretty dramatic shift in price. At the beginning of 2021, Bitcoin traded at just shy of $30,000 so last week BTC retraced all of the years’... Read More
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