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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 blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Despite African governments’ inconsistent stance on cryptocurrencies, these countries house most of the continent’s crypto and blockchain startups. Chief executive officer Ruth Iselema founded the Africa-focused blockchain payments startup in 2019. Adam Umar is the company’s CTO, while Akinbola Asalu is the COO.

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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. million in 2020.

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Fintech app Portabl raises $2.5M to help consumers securely store financial data

TechCrunch

Fintech Portabl announced the closing of a $2.5 Harlem Capital Partner Brandon Bryant said what initially drew the fund to Portabl was the idea that the verification of identity in fintech is still unsolved. Fintech app Portabl raises $2.5M million seed round today led by Harlem Capital Partners.

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Founder alleges that YC-backed fintech startup is ‘copy-and-pasting’ its business

TechCrunch

Andy Bromberg, CEO of the a16z-backed startup Eco, is claiming that Pebble , another fintech startup that came out of stealth this morning, “plagiarized” Eco’s materials and business model. which our systems flagged as fraudulent. — Andy Bromberg (@andy_bromberg) May 23, 2022.

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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. Java is great for banking app backend systems because it’s portable, fast, and secure. Android, the world’s most popular mobile operating system, makes banking apps accessible to many consumers.

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Expected Blockchain Statistics and Trends for 2024

Openxcell

When Blockchain first emerged as the technology that backed cryptocurrencies, it was met with cynicism and skepticism. A decade and more later, the hype hasn’t died down and blockchain is all the rage. Blockchain market was worth $5.85 Tech experts were undermining its functionalities and criticizing its fervor.