Alibaba Prepares IPO for $20 Billion Logistics Unit
The media reports that Alibaba Group plans to take its logistics business public.
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Web3 Protocol Polytrade Raises $3.8 Million to Improve Global Trade
Polytrade, a web3 protocol focused on global trade, announced the attraction of investment funds in the amount of $ 3.8 million following the results of the initial funding round.
Crypto Wallet Manufacturer Ledger Values at $1.4 Billion
Ledger, the manufacturer of cryptocurrency wallets, announced a new round of attracting investment funds for the expansion of the C series.
Binance Joins FIDO Alliance Preparing to Implement Passkeys
Binance has aligned with the FIDO Alliance dedicated to the development of passwordless authentication standards
U.S. Fines Wells Fargo Nearly $100 Million
In the US, Wells Fargo was fined $97.8 million due to violations related to sanctions.
H&M Says Tech Investments Help Sales Climb 12%
The Swedish chain of clothing stores H&M recorded an increase in sales and an unexpected increase in profits.
FTX EU Launches Withdrawal Website
FTX branch has launched a dedicated website allowing its European customers to submit withdrawal requests
Japanese VCs Join €3 Million Growth Round in Sweden’s Open Payments
The Swedish fintech company Open Payments announced the completion of a round of financing for 3 million euros.
Paytrix Secures $18.3 Million Series A Funding
Paytrix, an embedded payments company for fast-growing vertical software platforms, announced that it managed to raise $18.3 million in investment funds following the results of the Series A funding round.
LeapXpert Raises $22 Million for Finserv Messaging Platform
LeapXpert, a provider of business communication solutions, announced the attraction of investment funds in the amount of $ 22 million following the results of the Series A+ financing round.
African Neobank Payday Raises $3 Million for Expansion
The fresh funding will help the ambitious Payday to scale its platform and reach more Africans, not only on the continent but around the world
Fintech Farm Launches Neobank in Vietnam
A new fintech product from Fintech Farm that came to the Vietnamese market has Ukrainian roots
Xapo Bank and Circle Integrate USDC Payment Rails as Alternative to SWIFT
Xapo Bank partnered with Circle to offer USDC deposits and withdrawals in an attempt to bypass the cumbersome and expensive SWIFT payment system
Ingenico Acquires Phos
The deal continues Ingenico’s strategic expansion and complements its PPaaS (Payments Platform as a Service)
The Decentralized File Storage With Blockchain
Blockchain is a technology that is made up of blocks that are constantly recording the data which is being generated when a person conducts a transaction. We all know that this is a process in which confidential things are generated. Suppose somebody has seen the receipt the person is receiving after the exchange. In that […]
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