PYOR (Power Your Own Research), a pioneer in enabling high-fidelity data and insights for the global digital assets industry, today announced $4 million USD of funding in its seed round. The funding was led by Castle Island Ventures, with additional investment from Hash3, Antler, Future Perfect Venture, Force Ventures, CoinSwitch Ventures, Coinbase Ventures, and prominent angel investor Balaji Srinivasan.
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Supply chain finance is one of the fastest-growing markets, with volume leaping from $330 billion in 2015 to $1.8 trillion in 2021. However, the global trade industry is experiencing a financing gap of $1.7 trillion as reported by the World Bank in 2020. The gap in the amount of money available versus the optimal amount needed by businesses is only growing. It is now estimated to have topped $2 trillion due to recent constructions in lending limits.
Teradata and FICO, the analytics software provider, today announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization. Bringing data, analytics and insights together in one environment streamlines the development of solutions for use cases across industries, speeding time-to-delivery and making them available for joint customers sooner.
GoCardless, a global leader in direct bank payments, has partnered with
Ethereum (ETH), the second largest cryptocurrency by market capitalisation after Bitcoin, accounts for almost 20% of the $1.1 trillion global crypto market, making it one of the safest long-term bets if you are looking to diversify your portfolio with digital currency. While last year was defined by market turbulence and 2023 is no short of political developments, economic events, and other unforeseen occurrences, jumping off the plane and panic selling or making irreversible changes to an investment portfolio is not the go-to method to prevent losses among seasoned investors.
Leading African digital payments company DPO Pay has announced the appointment of Isabella Marira as Group Head of Operations, and Daisy Shipwoni as Head of Marketing. In her new role, Isabella will be responsible for leading the core operational functions of DPO Pay, overseeing Customer Service, Fraud Prevention, Risk and Systems.
Velmie, a European banking technology provider, released mobile applications for banks and fintechs, setting a new standard for out-of-the-box white-label UI. Considering the great importance of user interface and experience for fintechs, Velmie designed stunning iOS and Android applications available as a part of its digital banking core.
bolttech today announced it raised US$196 million in connection with its Series B with an up-round valuation of US$1.6 billion. The round was led by Tokio Marine – Japan’s first insurance company with a 140-year history. Other key investors include global life insurance giant MetLife through its subsidiary MetLife Next Gen Ventures, Malaysia’s sovereign wealth fund Khazanah Nasional, as well as new and existing shareholders.
Planixs customer, Ghana International Bank, has upgraded to the latest software version of Realiti®, the company’s real-time intraday cash, collateral and liquidity management solution which will provide the bank with enriched functionality to manage its cash and liquidity.
Deko, the multi-lender checkout finance platform, has appointed John Roberts to the position of Head of Strategic Partnerships. He brings extensive experience in building strategic partnerships and understands how to bring value to both partners and their clients.