The SGX-backed private market exchange has partnered with Fullerton Fund Management to allow tokenised access to the Fullerton Optimised Alpha Fund

Private market exchange ADDX has partnered with investment specialist Fullerton Fund Management Company Ltd (“Fullerton”) to list Fullerton’s private equity fund of funds on its digital platform. The Fullerton Optimised Alpha Fund is a closed-end fund targeting 8% to 12% in returns per annum over its fund life of seven years.

 In the midst of a selloff, El Salvador’s President Nayib Bukele added an additional 500 Bitcoin to the country’s balance sheet. The purchase is the country’s largest since it first added Bitcoin to its assets last September. The average price of purchase was roughly $30,744, and the country now holds over 2,300 Bitcoin, currently worth approximately $70 million.

• Over two thirds of savers are interested in their pension pot
• Interest in pensions would increase as the size of pots grow for 71% of savers

·       16% of savers don’t know how much they will need in their pot for later life

xpate, the rapidly-growing simplified cross-border payment solution provider, has announced a significant expansion of its disruptive developer team, with 35 new team members onboard to speed up building services aimed to enhance flexibility and data processing for merchants and acquirers. 

Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it is part of the Visa Ready for BNPL program, providing lenders offering Buy Now Pay Later (BNPL) services the ability to make data-fueled and AI-powered intelligent decisions.

U.S. Bank announced today that it has entered into a collaboration agreement with trade-finance fintech LiquidX to help expedite and simplify supply-chain transactions between suppliers and buyers.

Leading cryptocurrency platform Wirex has secured over 150,000 registrations to its crypto app that launched in the US 6 weeks ago. Linked to a crypto-backed Visa card, Wirex will work with Visa, a world leader in digital payments, to provide a unique set of payment and crypto services that aims to improve the everyday lives of fintech fans and crypto enthusiasts alike.

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that SECU (State Employees’ Credit Union of Maryland) is planning to implement its AI-powered credit decisioning platform. The deployment, scheduled for later this year, will enhance and augment SECU’s credit decisioning and underwriting capabilities for new and prospective members.

Global SaaS solutions provider Rillion announced today its launch in the United States. Formerly Palette Software, Rillion has 3,000 customers and 340,000 users across 50 countries. The solution captures invoice data, processes invoices, matches purchase orders, offers searchable archives, and allows complex approval workflows to boost productivity in finance and accounts payable (AP) departments.