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

TechCrunch

Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 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.

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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. A number of fintechs have popped up as of late aiming to disrupt the traditional model of evaluating an individual’s creditworthiness.

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Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. It now covers a whole range of blockchains such as Ethereum, Avalanche, Fantom, Optimism and Arbitrum.

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Fintech Blockchain: The Fintech boost everyone was counting on!

Openxcell

The fintech industry is the latest addition to the group of industries that seem to be realizing the transformative potential of Blockchain. Blockchain technology is known for the host of benefits that it brings to the table such as redesigned user experience, software delivery workflows, and reducing risks in business.

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Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. Appzone is a fintech software provider. Appzone is a fintech software provider. Appzone clearly plays a different game from other African fintechs.

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How to Hire Fintech App Developer for a Banking Platform with Java and Android

Mobilunity

Fintech has revolutionized banking, improving operational efficiency and client satisfaction. They make a great combo for fintech and finance developers who wish to create cutting-edge apps. What Do FinTech Developers Work On? Strong computer languages and platforms like Java and Android drive this transformation.

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Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. I’m not going to lie — upon learning this, my fintech-loving ears perked up. And fintech represented nearly a quarter of the firm’s deals. More than a quarter (28%) of a16z’s fintech investments in 2022 went to the payments category.

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