Friktion Labs, the development organization building Friktion - a Solana-based options and structured product protocol, has concluded a $5.5 million capital raise.

About that next step.

The perils of already being very high.

Do not underestimate the prosperity that can flow from being bearish.

Quartix aims to support the rapidly growing demand for its digital products that enable industrial buyers and vendors to pay or collect whenever they want, regardless of payment terms

Fintech company Quartix, who provides a SaaS platform that unlocks digital Supply Chain Finance solutions to mid-size industrial companies, announced today it has successfully secured a $20M funding facility from two Fintech credit funds with a potential to increase the credit facility.

Delta, a global leader in power and thermal management solutions, today announced a new partnership with DATABOX - Informática, S.A., a prominent IT channel distributor based in greater Lisbon, Portugal, to provide Delta’s wide range of energy-efficient Uninterruptible Power Supplies (UPS) and Data Centre Infrastructure Solutions to IT resellers and system integrators throughout Portugal.

• Eiffel Investment Group, a leading specialist in energy transition financing, is initiating a pan African bridge funding strategy for renewable energy infrastructure. 

• This strategy aims to accelerate the electrification of the African Continent with the objective  of funding renewable-based electricity to an equivalent of two million consumers(1). 

Several launches of new solutions, NFT creations, job moves, and collaborations took place at the beginning of January 2022. Which ones are worth reading?

Launches

New solution for trade finance intermediaries

An astonishingly rapid rise in demand for innovations after the COVID-19 outburst in early 2020 has been a reminder of the power technologies have over the whole world. Fintech is not an exception. Although it seems that contactless payments, blockchains, and NFTs appeared almost instantly, they are the products of decades of research and hard work. It would be more correct to say that it takes years to create a trend in the sphere of IT. So, what fintech trends are worth watching in 2022?

Trend #1 

Daniel Kjellén, CEO and Co-founder at Tink, commented

“Open banking itself will play a huge role in how businesses meet regulatory requirements for sustainability, such as mapping investments against ESG ratings, understanding the risk profile of customers, and accessing or providing loans to fund change throughout society. The need for data sits behind many of these issues, either from within an organisation itself or through a data outreach programme towards its customers.

Leading AI-powered credit decisioning platform provider, Scienaptic AI announced its full integration with CU*Answers. The seamless integration of Scienpatic's AI-powered decisioning will provide new opportunities for CU*Answers credit union partners looking to expand credit access for their members.