Sovcombank Places USD 300 Million in Perpetual Eurobonds at 7.6%
- 4 years 8 months ago
- Banking
Sovcombank has placed an issue of perpetual subordinated Eurobonds in the amount of USD 300 million with an annual coupon of 7.6%. With strong demand for the Bank’s securities from Russian and foreign investors, the issue was three times oversubscribed. The Bank will use the proceeds to optimise its capital structure for further business growth.
NTPC to Set up Solid Waste Management Plant in Varanasi
- 4 years 8 months ago
- Investment
In an endeavour towards sustainable development, NTPC Vidyut Vyapar Nigam (NVVN) Limited, a wholly-owned subsidiary of NTPC Ltd, has signed an agreement with Varanasi Nagar Nigam for setting up a Waste to Energy (WTE) Plant worth Rs 180 crores. The plant shall help in mitigating environmental hazards caused by solid waste and bring clean surroundings contributing towards our Honorable Prime Minister's vision of Swachh Bharat. NVVN has placed the...
SEBA Bank’s SEBAX® Wins “Best ETP of the Year” Award in Swiss ETF Awards 2022
- 4 years 8 months ago
- Banking
SEBA Crypto Asset Select Index (SEBAX®) delivers excellent performance and innovation in the crypto space which is honored by the public The “Best ETP of the Year” award recognises the SEBAX® Index as a leader in the multi-coin crypto space The SEBAX® Index is unique in that it combines the quality processes of a Swiss regulated bank with outstanding investment performance track record
Renaissance Life and InDeFi SmartBank to Unveil Game-changing Product to Solve One of the Problems Facing the Crypto Industry
- 4 years 8 months ago
- Asset Management, Cryptocurrencies, Insurance
One of the key problems for owners of cryptocurrency and their heirs is the inability to gain access to their digital assets for technical (lost codes) or physiological reasons (the death of the owner). According to estimates by the New York Times, crypto wallets containing more than USD 140 billion in assets were blocked for these reasons as of the beginning of 2021. When a businessperson working in cryptocurrency markets dies suddenly, it is...
Whitehall Capital Strikes UK First as It Enters Agreement With Leading US Digital Asset Securities Marketplace, Securitize
- 4 years 8 months ago
- Investment, IT Innovations
Investors in specialist bridge financing fund, Whitehall Capital are now able to hold their assets in a tokenised form and trade units with other investors
Kickstart Program Meets Milestone Of Over 200 Innovation Deals
- 4 years 8 months ago
- Investment, FinTech StartUps
Scale-ups from 11 countries including Switzerland enter into 50 pilots and commercial projects with renowned Swiss companies and institutions Digitalization and sustainability are becoming strong drivers of innovation
Successful Conclusion of Singapore FinTech Festival 2021 where Justin Sun Delivered a Keynote Speech
- 4 years 8 months ago
- Financial
The Singapore FinTech Festival 2021 (SFF) held from November 8 to 12 in Singapore was attended by representatives of over ten top FinTech companies for the discussions on "Web3.0" and how FinTech companies can contribute to the post-pandemic era. Justin Sun, founder of TRON, attended the event and delivered a keynote speech on "Web3.0".
As the World Opens Doors for Travel, Niyo and SBM Bank Launches the Upgraded Niyo Global Experience for the Passport Holders
- 4 years 8 months ago
- Digital banking, Banking
~A unique digital savings account complimented with international VISA Signature Debit Card, Zero Forex mark-up and attractive interest rate~
Binance Labs to Launch 8-Week Long Season 3 of Incubation Program to Support Promising Projects in the Industry
- 4 years 8 months ago
- Blockchain, IT Innovations
Binance Labs, the venture capital arm and innovation incubator of
Stori, a Top Mexico Fintech, Raises $200m in Financing
- 4 years 8 months ago
- Fundraising News, FinTech StartUps
Stori, a Mexican fintech bringing credit cards to the country's middles class, has raised $125 million in a Series C funding round, adding another $75 million in debt financing.
Legend Capital Leads TuringQ's Pre-A Funding
- 4 years 8 months ago
- Investment, Fund Management
On November 10th, TuringQ, China's first photonic quantum computing company, announced its completion of a pre-A round of financing of several hundred million yuan, led by Legend Capital. The funds will be mainly used for R&D and commercialization of quantum algorithms.
Spotlight Turns on Crypto Scammers as International Fraud Awareness Week Looms
- 4 years 8 months ago
- Security, Fraud Detection
Fraud awareness week begins on Sunday 14th November. Between the start of 2021 and mid-October, more than £146 million had been lost to cryptocurrency fraud. The average loss per victim was just over £20,500. Over half (52%) of crypto fraud victims were aged 18 – 45 years old. Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
Mastercard Partners with City of New Orleans and MoCaFi to Announce ‘Crescent City Card’ Program
- 4 years 8 months ago
- Payments
Today, New Orleans Mayor LaToya Cantrell was joined by executives from Mastercard, Mobility Capital Finance, Inc. (MoCaFi), and Forward Together New Orleans to announce the Crescent City Card Program. The program involves of a series of initiatives and products to offer financial inclusion, access to emergency disbursements, incentives to drive economic growth, empower underbanked residents, and provide better access to City services such as...
How can you trade currencies?
- 4 years 8 months ago
- Cryptocurrencies
Currency trading provides a home to millions of forex traders worldwide. The $6 trillion daily liquidity attracts many investors who trade using designated risk management and strategies. The world of finance is quite tricky for new traders who can get lost while trying to find the right stuff for themselves. Our article will highlight the crucial points of forex trading and see if traders should opt for this in their portfolios. How can you...
Can Insurers Survive the Shift to the Gig Economy?
- 4 years 8 months ago
- Insurtech
Will insurers be able to survive the shift to the gig economy, and the challenges it has brought? Find out about some of the differences they are facing here.
