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Zama raises $73M Series A lead by Multicoin Capital, Protocol Labs

ZamaMarch 7, 20245 min
Zama, an open source cryptography company building state-of-the-art FHE solutions to protect privacy in blockchain and AI, announced a $73M Series A round led by Multicoin Capital and Protocol Labs, with participation from Metaplanet, Blockchange Ventures, VSquared, and Stake Capital, as well as blockchain pioneers Juan Benet (founder of Filecoin), Anatoly Yakovenko (co-founder of Solana), and Gavin Wood (co-founder of Ethereum and co-creator of Polkadot). The funds will be used to hire talented engineers, software...

German American Bank announces Scott Powell as Chief Credit Officer

GlobeNewswireMarch 5, 20244 min
German American Bancorp, Inc. and its banking subsidiary, German American Bank, announces that Scott Powell has been appointed Executive Vice President, Chief Credit Officer, effective April 1, 2024. Powell will succeed current Executive Vice President and Chief Credit Officer, Keith A. Leinenbach, who will be retiring. Leinenbach will retire after 24 years with the organization and over 40 years of broad-based banking industry experience. Keith has been a trusted steward of German American’s credit culture...

okoora saves businesses over $3 billion in forex transactions

PRNewswireFebruary 26, 20246 min
Fintech startup okoora announced that it has achieved cumulative savings of more than $3 billion for its customers through international foreign exchange transactions to date. The savings, primarily achieved in 2023, were obtained through the use of the okoora Automated Business Currency Management (ABCM™) integrated cloud platform that manages global payments, transactional banking, and risk management. Founded in 2021, the self-funded Swiss-Israeli startup achieved profitability last year, demonstrating the market potential for its AI-powered hub...

Snapsheet’s 2023 Results and Strategic Vision for Claims Management

PRNewswireFebruary 13, 20244 min
Reflecting on 2023, Snapsheet, the leading global provider of insurance claims management solutions, stands at the threshold of a transformative year. This review on the past serves not just as a celebration of Snapsheet’s exceptional milestones, but as an affirmation of its unwavering commitment to delivering unparalleled value and steering a positive course for profitable growth. In an industry where opportunities for progress are extensive, Snapsheet’s achievement of profitability stands as a validation of its resilience...

Bitget Wallet welcomes Alvin Kan as New COO

PRNewswireFebruary 6, 20244 min
Bitget Wallet, a global leading Web3 trading wallet, has officially announced the appointment of Alvin Kan as its Chief Operating Officer (COO) to lead the company’s global growth strategy and coordinate brand development, operations, and growth initiatives. Alvin Kan brings a wealth of expertise with over 15 years of professional experience, having held prominent roles at BNB Chain and Sei Labs. Notably, he spearheaded ecosystem growth at BNB Chain and served as the Head of Asia for Sei Labs. Before this, Alvin...
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