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Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. Its core solution is a technology stack that is built around STACS blockchain.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. They see a lot of opportunities to leverage our technology,” he said. Blockchain and taking the politics out of tech. Spring Labs is one of them.

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7 Predominant Blockchain Technology Trends To Watch In 2019

Openxcell

Blockchain Trends in 2019 : The Blockchain technology , also termed as Distributed Ledger Technology (DLT), enables secure transaction over a distributed network. The blockchain technology eliminates the need for third-party verifications since all the parties share the ledgers over the distributed system.

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7 Predominant Blockchain Technology Trends To Watch In 2019

Openxcell

Blockchain Trends in 2019 : The Blockchain technology , also termed as Distributed Ledger Technology (DLT), enables secure transaction over a distributed network. The blockchain technology eliminates the need for third-party verifications since all the parties share the ledgers over the distributed system.

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Insurance Technologies: 13 Disruptive Ideas to Change Insurance Companies with Telematics, Blockchain, Machine Learning, and APIs

Altexsoft

While some insurance carriers have made significant modifications courtesy of disruptive digitalization (we’ve already discussed this topic in our whitepaper), most companies trail behind. The company reduced time to process applications from what was usually 1-2 weeks to 20 minutes via their website’s online questionnaire.

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Blockchain startup XREX gets $17M to make cross-border trade faster

TechCrunch

Blockchain startup XREX was launched to help cross-border businesses in emerging markets perform faster transactions with products like a payment escrow service and crypto-fiat exchange platform. The Taipei-headquartered company announced today it has raised $17 million in pre-Series A funding led by CDIB Capital Group.

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SoftBank commits $3B more to investing in Latin American tech companies

TechCrunch

Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. billion in 48 companies with a fair value of $6.9 SoftBank is launching the new fund with an initial $3 billion commitment.

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