PRNewswire | FinTecBuzz

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Asset ManagementBlockFi Raises $18.3M Series A Led by Valar Ventures

PRNewswire1 week ago254 min

BlockFi, the leading wealth management solution for crypto investors, announced today that it has raised $18.3 million in Series A funding led by Valar Ventures with participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek and PJC. The capital will be used to add new products to BlockFi’s existing platform, which includes interest-earning accounts for Bitcoin and crypto-backed USD loans. Valar, a New York-based and fintech-focused VC firm, led the funding round....

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Financial SoftwareFuture FinTech Announces Entry into VIE Agreements for the Expansion of its E-commerce Business Scope in China

PRNewswire1 week ago735 min

Future FinTech Group Inc. (FTFT)(“Future FinTech”, “FTFT” or “the Company”), a financial technology company and integrated producer of fruit-related products, today announced that on July 31, 2019, Chain Cloud Mall Network and Technology (Tianjin) Co., Ltd., (the “CCM Tianjin”), a wholly-owned subsidiary of the Company, Chain Cloud Mall E-commerce (Tianjin) Co., Ltd., a limited liability company incorporated under the laws of the China (the “E-commerce Tianjin“), Mr. Zeyao Xue and Mr. Kai Xu, citizens of China and shareholders of E-commerce Tianjin, entered into...

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Mobile PaymentsCompTIA Leads Channel Sales Workshop at the Mobile Payments Conference

PRNewswire2 weeks ago855 min

Pre-conference Program Focuses on Opportunities for FinTech Vendors and IT Sales Partners in Payment Solutions

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InvestmentsJLL names Cynthia Kantor Chief Product Officer, Corporate Solutions

PRNewswire2 weeks ago635 min

Appointing product management expert demonstrates JLL's commitment to delivering innovative products that enhance clients' business performance

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BlockchainBLOCK 30 Labs Wins “Best North America Startup – 2019” at World Blockchain Summit

PRNewswire2 weeks ago1064 min

On day one of the World Blockchain Summit in Singapore, BLOCK 30 Labs was announced as the “Best North America Startup – 2019,” as selected by a panel of judges from global VC’s, hedge funds, blockchain projects and government representatives from the APAC and EMEA regions. “BLOCK 30 Labs is doing some of the best work in blockchain right now – in terms of simple consumer products for very complex new technology,” said TRESCON CEO, Mohammed Saleem....

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InvestmentsWedbush Securities Appoints Wealth Management Veteran Andrea Epinger as Senior Vice President

PRNewswire2 weeks ago813 min

Wedbush Securities is pleased to announce the appointment of Andrea Epinger as a Senior Vice President and Head of Change Management and Process Improvement. This is a newly created role where Andrea will leverage her considerable experience in the financial services industry to accelerate growth and improve efficiency. She is based in the firm’s Los Angeles headquarters and reports to Executive Vice President and Head of Wealth Management, Chris Mone. Andrea has more than two...

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Financial SoftwareMachine Learning for More Equitable Credit Powers Airfox — ZestFinance Partnership

PRNewswire2 weeks ago12312 min

Airfox, a startup providing transformative financial services to emerging markets, today announced a partnership with artificial intelligence (AI) leader ZestFinance and Brazilian retail giant Via Varejo to deliver a new microcredit model with next-generation algorithmic infrastructure predicated on more equitable credit risk analysis. Combining machine learning (ML) and predictive analytics to extend credit opportunity to underserved populations without incurring greater risk, this partnership will allow Airfox and Via Varejo to capitalize on a significant market...

Crypto CurrenciesBitcoin.com Set to Launch Exchange with Rewards for Pre-Registration

PRNewswire2 weeks ago875 min

Industry leader Bitcoin.com has announced plans to launch a new cryptocurrency exchange on Monday, September 2. The exchange offers a user-friendly place to trade with a clean, simple interface to promote easy navigation, along with high-liquidity and a powerful matching engine to support fast trading. As a trading platform, The Bitcoin.com Exchange will complement the existing Bitcoin-focused products and services provided by the fintech company. Bitcoin.com Executive Chairman Roger Ver explains, “We’re always working to...

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Crypto CurrenciesOodlebit cryptocurrency exchange announces start of beta test

PRNewswire2 weeks ago773 min

Oodlebit Inc. today announced the opening of their beta test for the Oodlebit cryptocurrency exchange. Founded in 2018 by Nicholas Dooley, Oodlebit is a USA based business aiming to provide an enjoyable and secure trading platform for its users. The Oodlebit exchange offers an aesthetically pleasing interface built-in with news, notifications, and charting tools to create a superior environment for users to make the most educated trades. “We are so excited to finally be opening...

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Mobile PaymentsMezu Partners With Mastercard To Launch Digital Debit Card

PRNewswire2 weeks ago806 min

Global, mobile debit card offering brings privacy and convenience benefits to everyday purchases anywhere in the world

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