Thursday 12 May, 2022 – Open banking payments platform, Token.io, today announces it has raised $40 million in a Series C funding round co-led by Cota Capital and TempoCap, with participation by Element Ventures, MissionOG, PostFinance and existing investors Octopus Ventures, Opera Tech Ventures and SBI Investment. Torch Partners advised on the financing.

Cloud has moved from leading edge to the baseline of banking success. A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. Although these objectives might seem ambitious, they are achievable if the transition to cloud is regarded as an opportunity to re-imagine systems and applications.

The businesses in the Middle East are rapidly expanding, and the food industry is not an exception. Eating in the UAE means discovering one of the world's most colourful and wonderful food destinations. Restaurants use Spades to keep up with changing demand while offering a flawless checkout experience for dine-in customers. 

AssetPlus has raised USD 3.6 million. Venture Catalysts, Swaroop “Kittu” Kolluri, Amit Nanavati, Kedar Kulkarni, and other angel investors joined Mr. Bhupinder Singh of InCred and Mr. Nithin Kamath of Rainmatter in this round of fundraising.

Dock, a leading full-stack payments and digital banking platform across Latin America, announced today that it has raised $110 million in growth funding led by Lightrock and Silver Lake Waterman, with participation from existing investors Riverwood Capital, Viking Global Investors and Sunley House Capital, bringing its valuation to over $1.5 billion.

The DigitalBits blockchain will now be accessible to over 1,200 crypto and digital asset businesses on the Fireblocks Network

Web 3.0 is an all-encompassing term that covers cryptocurrencies, smart contract computing, decentralised hardware, IoT, Non-Fungible Tokens, DeFi and maybe the most buzzwordy of them all — ‘the Metaverse’. Decentralisation is key to what Web 3.0 is about, along with open source transparency and distributed computing. The impact of this internet economy evolution is an unquestionable future reality. Just look at blockchain based NFTs,
where a recent boom in sales has catapulted the nascent market value to $7 billion, according to JPMorgan.

Although you cannot actually invest in blockchain because it is a system for storing and processing transactions, its disruptive technology can be used to help investors make money in new ways that were impossible before. This has resulted in new concepts that were coined to explain different points of online trading, including arbitrage trading bots and tokenization of real estate assets.

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDJPY, USD index, Gold, and S&P 500.

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Read the updated analysis below:

• AUDJPY continues to decline targeting the 86.24 monthly support level.

• AUDUSD has broken below the 0.6900 level and is now targeting the 0.6826 monthly support level.