Fintech News | FinTecBuzz

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InvestmentsEltropy Secures $21 Million Investment from K1

June 17, 20215 min

Eltropy looks to capitalize on its record-setting 2020, with revenue and customer count growing more than 200% year-over-year Eltropy, Inc. (“Eltropy”), the leading messaging-based platform focused on driving operational efficiency for financial institutions, today announced a $21 million investment from K1 Investment Management (“K1”), a leading investment firm focused on high-growth enterprise software companies. With the investment, Eltropy plans to more than double its headcount and further invest in its all-in-one communication suite. Eltropy is the market-leading messaging platform for...

by PRNewswire

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Insurance – Consumer Platformhanddii Raises $3M to Help Insurance Companies Digitize

June 17, 20215 min

The Series Seed round was led by Brick and Mortar Ventures As the insurance industry continues to seek the best way to digitize and simplify the property claims experience, claim management platform handdii is announcing a $3 million Seed round led by Brick & Mortar Ventures, with participation from Nine Four Ventures and Australia-based Scale Investors and Fifty-Second Celebration. This makes the first institutional round for handdii and puts the company in a strong position to meet increasing...

by PRNewswire

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InvestmentsCreation Investments leads US$20 million investment in AVLA

June 17, 20214 min

AVLA, a global insurance group, and Creation Investments Capital Management, LLC, an alternative asset manager and leading impact investor in developing markets financial services, today announced that Creation will lead a US$20 million investment in AVLA to fund international expansion and strengthen AVLA’s financial position. Creation Investments, based in Chicago, has portfolio companies in 15 countries including Peru, Mexico and India. AVLA, based in Santiago, ranks as a top 15 provider of surety and trade credit solutions in Latin America and has a reinsurance panel...

by BusinessWire

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BlockchainBlockchain tech Company, Tokens.com Adds Figment

June 17, 20212 min

Tokens.com Corp. (NEO: COIN) (FSE: 76M) (“Tokens.com” or the “Company”), a publicly-traded Blockchain technology company that provides transaction processing and validation services for various digital assets that power Decentralized Finance (DeFi) applications and Non-Fungible Token (NFT) platforms, is pleased to announce the addition of Figment as its newest staking integration partner. “We look forward to working with Figment in our crypto staking operations. We’re excited to expand our team of strategic partners with a leading Canadian...

by BusinessWire

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Crypto CurrenciesBitwise Asset Management Inc. Completes $70 Million Series B

June 16, 202110 min

Round co-led by lauded tech investor Elad Gil and crypto venture fund Electric Capital, with participation from renowned investors across tech, crypto and Wall Street. Bitwise Asset Management, the world’s largest cryptocurrency index fund manager, today announced the completion of its Series B. The round was led by Elad Gil and Electric Capital, joined by new backers including Daniel Loeb’s Third Point LLC, Daniel Och’s Willoughby Capital, Louis Bacon’s Moore Strategic Ventures, Paul Eisenstein’s Vetamer...

by PRNewswire

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BlockchainUnstoppable Domains Announces $100 Million+ Airdrop

June 16, 20218 min

Unstoppable Domains is rewarding customers with $100M in promo credits. 3x for Every Dollar Spent before June 17th Blockchain domain name provider Unstoppable Domains, the leading blockchain domain registry, today announced a $100M+ airdrop and the upcoming launch of 8 new top-level domain names. In addition to the original .crypto and .zil, Unstoppable Domains now offers a total of 10 blockchain-based domain names that represent different communities and interests on the decentralized web or Web3. $100 Million+ AirdropTo...

by PRNewswire

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Crypto CurrenciesGoldConnect Selects BitPay to Accept Cryptocurrency Payments

June 16, 20213 min

The First Wholesale Connectivity Provider in LATAM to Receive Payments in Cryptocurrency GoldConnect, a leading wholesale telecommunications provider in Latin America and the Caribbean, announced today that the company is now accepting cryptocurrency payments through their new LatamConnect platform with BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. “As a disruptive telecom provider in the LATAM region, we must continuously embrace the latest technologies and business methods to improve the interaction and experience of our clients,”...

by PRNewswire

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Crypto CurrenciesCrypto ATM operator CoinFlip & Neil Patrick Harris Partners

June 16, 20215 min

As cryptocurrency breaks into the mainstream, leading crypto ATM provider CoinFlip’s new ‘So Flippin’ Easy’ ad campaign aims to highlight the ease and accessibility of getting involved CoinFlip, the leading global cryptocurrency ATM operator, today announced a new marketing campaign to display the simplicity around investing in Bitcoin, Ethereum, Dogecoin and other cryptocurrencies. CoinFlip’s new ad, titled “So Flippin’ Easy,” features actor and long-time crypto investor Neil Patrick Harris unveiling the company’s ATM and cash to Bitcoin...

by BusinessWire

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Crypto CurrenciesTrustSwap Acquires The Cryptocurrency Mobile App

June 15, 20214 min

TrustSwap, a full-service digital asset ecosystem, announced today that it has acquired The Crypto App, a cryptocurrency mobile app featuring among others a diverse set of tracking services from over 3000+ cryptocurrency assets and 100+ exchanges in an easy-to-use interface. One of the top crypto tools available, The Crypto App was launched in 2017 and has over 1.9 million downloads and over 65,000 reviews across iOS and Android app stores. TrustSwap will remain headquartered out...

by PRNewswire

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Crypto CurrenciesProactive Energy Saving Could be the Key to Cryptocurrencies Future

June 15, 202113 min

The cryptocurrency and blockchain market is becoming larger, more diverse in its applications, and more complex. Additionally, the largest cryptocurrency by market capitalization, Bitcoin, has had a rollercoaster year so far. It started with several major companies announcing a more open-minded approach to Bitcoin, by accepting payment for product and services, which pushed the price of the crypto to new all-time highs. Since then, however, the price of Bitcoin has significantly declined as concerns that...

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