fintech ecosystem - FinTecBuzz

Binance Labs Invests in Solayer to Boost Solana Restaking Ecosystem

Binance LabsAugust 8, 20245 min

Binance Labs, the venture capital and incubation arm of Binance, has invested in Solayer, a leading restaking network on Solana. Their aim is to empower on-chain decentralized applications (dApps) with improved network bandwidth while securing the L1 at the same time. Built natively on Solana, Solayer leverages the economic principles of proof-of-stake to extend the security of Solana’s base layer towards other decentralized systems and dApps. This innovative approach enables users to participate in a...

Crypto Currencies

HTX Ventures Invests in Nexio to Enhance The Bitcoin Ecosystem

PRNewswireAugust 7, 20245 min

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Nexio. Nexio is an innovative Bitcoin scaling solution that employs parallelized ZK Rollup with MoveVM. Powered by MoveVM, Nexio’s parallelized Bitcoin rollup supports over 30,000 transactions per second while maintaining gas fees below $0.01, making it ideal for high-frequency applications. This technology addresses critical challenges in the Bitcoin ecosystem, including slow transaction times, high gas fees, and inadequate tooling...

Payments

Flutterwave Named Among World’s Top 250 Fintechs by CNBC and Statista

PRNewswireJuly 18, 20243 min

Flutterwave, Africa’s leading payments technology company, is excited to be included in the top 250 fintech companies in the world by CNBC and Statista for the first time. The list, which also features global companies like Ali Pay, Klarna, Flywire, Robinhood and Mastercard highlights stand out companies for their achievements during the year. The list also honors and recognizes companies that have contributed significantly to the transformation and innovation of the financial services industry through technology. The selection...

Investments

Apex Fintech Solutions Announces Launch of Apex Ascend™

BusinessWireJuly 17, 20246 min

Apex Fintech Solutions Inc. (“Apex”), an innovation launchpad for the global investment ecosystem, announced that Apex Ascend, is now available — delivering real-time, cloud-native, B2B investment infrastructure designed to accelerate our clients’ ability to operate efficiently and better navigate risk on a global scale. “Platform breakthroughs like this don’t come around every year or even every decade,” said Bill Capuzzi, Chief Executive Officer at Apex. “But serving hundreds of financial service companies and 20+ million...

Investments

AIConnect Foundation Announces $10 Million Ecosystem Support Fund

GlobeNewswireJuly 1, 20248 min

Recently, AIConnect Foundation announced the establishment of a $10 million ecosystem support fund aimed at supporting and nurturing outstanding blockchain projects worldwide. This move not only demonstrates AIConnect’s firm belief and long-term commitment to blockchain technology but also marks an important step forward in promoting technological innovation and ecosystem development. According to AIConnect Foundation, blockchain technology has the potential to empower both the cryptocurrency and real-world economies. This requires active participation and promotion from all sectors to...

Security

Fintech360 partners with FUGU to Elevate Fintech Security Measures

GlobeNewswireJune 19, 20247 min

With Digital Fraud on the Rise, Top Fintech Providers Step Up to Ensure Client Security

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

Cwallet and Microcosm Labs to Elevate the TON Ecosystem

PRNewswireMay 23, 20244 min

In the aftermath of Bitcoin’s latest halving event, the TON ecosystem has witnessed a remarkable surge, highlighted by its participation in the 2024 Token2049 event in Dubai. Riding this wave of enthusiasm, Cwallet, one of the earliest wallets to support the TON blockchain, is at the forefront of harnessing the potential unleashed by this burgeoning technology. Cwallet has strategically positioned itself to take advantage of the explosive growth of the blockchain by being an early adopter of TON....

Interview

FinTech Interview with Anil Goyal, Chief Executive Officer of CorServ

FTB News DeskMay 21, 202417 min

Platforms

United Fintech expands globally into UAE with new office in DIFC

BusinessWireMay 14, 20245 min

United Fintech is increasing its global presence with the opening of a new office in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, spearheaded by Athena, one of United Fintech’s partner companies, is a response to robust market demand and underscores the UAE’s critical role as a hub for financial technology. United Fintech is an industry-neutral Digital Transformation platform which enables banks and Financial Institutions to accelerate access to a range of innovative...

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