finance ecosystem - FinTecBuzz

Polygon’s MATIC Value Rises as Covo Finance Joins Its Ecosystem

PRNewswireJanuary 30, 20235 min

Polygon’s Matic price has recently experienced a significant rise in value. One potential reason for the surge in Polygon’s price is the increasing interest in decentralized finance (DeFi) projects. Polygon is quickly becoming a go-to destination for DeFi projects looking to build on a fast and efficient blockchain network. The network’s low transaction fees and high throughput make it an ideal choice for DeFi projects, and many projects are migrating to Polygon from other blockchain networks. Covo...

Crypto Currencies

Rexas Finance Launches A Unique Real-World Asset Tokenization Platform

BusinessWireSeptember 16, 20245 min

Rexas Finance (RXS) Real world asset (RWA) tokenization platform, announces its recent launch. More so, the presale of RXS token began on September 8, 2024. Real-world assets (RWA) are real-life commodities that are not electronic or digital. To note, RWA are tangible assets such as real estate, commodities, bonds, and machinery. Owing to their traditional nature, these assets are traded in markets that demand brokers, banks, and other legal entities to facilitate the transfer of ownership....

Platforms

Ninth Wave Secures Growth Funding to Expand Open Finance Platform

BusinessWireSeptember 13, 20245 min

Ninth Wave, the leading provider of cloud-based Open Finance solutions for financial institutions, announced that the company has secured new growth financing. Level Structured Capital (an affiliate of Level Equity, a preeminent growth equity firm with over $3 billion in assets under management), provided the funding. This financing will enable Ninth Wave to further expand its commercial team and make additional scale investments in the industry’s leading Open Finance connectivity platform for the foreseeable future....

Platforms

Ammalgam Raises $2.5M To Revolutionize Decentralized Finance with DLEX Protocol

PRNewswireSeptember 11, 20246 min

Funding Co-Led by Lightspeed Faction and Framework Ventures to Transform the Lending and Borrowing Space

Banking

Huntington adds corporate mortgage finance to commercial banking

PRNewswireSeptember 9, 20244 min

New team bolsters bank's ability to meet the unique needs of mortgage servicers and originators

Banking

AmInvestment Bank Enhances Securities Finance Services with Broadridge

PRNewswireJuly 22, 20244 min

To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech leader Broadridge Financial Solutions, Inc.’s (NYSE: BR) Securities Finance and Collateral Management platform to enable their Securities Borrowing and Lending product offerings. This single platform allows AmInvestment Bank to simplify and innovate trading, manage...

Payments

Ant International unveils bettr Through Embedded Finance

BusinessWireJune 18, 20245 min

Ant International, a leading global digital payment and financial technology provider, unveiled bettr, a global digital lending service to provide micro lending to micro, small and medium enterprises (MSMEs) in strategic markets through embedded finance partnerships. Yang Peng, CEO of Ant International said, “I’m thrilled to introduce bettr to SMEs and industry partners across emerging markets. This is a major milestone in our journey to empower SMEs worldwide with innovative fintech solutions through open collaboration...

Platforms

Zilliqa Integrates with Fireblocks to Expand Institutional Finance Access

PRNewswireJune 3, 20244 min

Zilliqa, the high-throughput, low-fee layer 1 blockchain platform, is delighted to announce its integration with Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations. This integration enables Fireblocks customers to securely store ZIL tokens in their Fireblocks Vault and conduct transactions on the Fireblocks Network, an enterprise-grade digital asset transfer platform for rapid digital asset transactions and dynamic payment workflows, facilitating the transfer of digital assets and tokens on Zilliqa amongst...

Investments

GAINS Associates Bolsters Ecosystem with Three Top Advisors

GlobeNewswireMay 28, 20244 min

GAINS Associates, a pioneer in decentralized venture capital, is thrilled to announce the strategic addition of three new advisors to its robust ecosystem. These appointments come at a crucial time as GAINS continues to push the boundaries of decentralized finance and expand its global influence. The new advisors, Walid Benothman, Evan Luthra, and Jonathan Faye, bring a wealth of experience and expertise that will undoubtedly fortify GAINS Associates’ market position and help spearhead innovative developments....

Crypto Currencies

Introducing Golden Inu Token: The Future of Decentralized Finance

GlobeNewswireApril 22, 20244 min

Golden Inu Token ($GOLDEN) bridges Binance Smart Chain & Ethereum, prioritizing decentralization & community empowerment in DeFi.

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