Financial Services

AltcoinsBlockchainFinancial ServicesWallets

Blockchain Raises $40 Million, Aims to Develop Financial Solutions

Blockchain, the open source project building tools for using digital currencies, has announce that it has raised a Series B of $40 million with Lakestar and GV - formerly Google Ventures - with additional participation from Nokota Management and Digital Currency Group. Besides these participants, existing investors including Lightspeed Venture...
AltcoinsBitcoinBlockchainDash (Darkcoin)Digital AssetsDogecoinEthereumExchangesFinancial ServicesGlobal StandardsLitecoinRipple

Bancor Brings Cryptocurrency to the Masses Through Smart Contract Exchange

Bancor is a new open-sourced protocol that enables the creation of a new type of cryptocurrency called a smart token, which can hold and trade other cryptocurrencies in reserve – a method of transferring between any cryptocurrency. Designed to bring full liquidity to cryptocurrencies, Bancor aims to bring blockchain and...
BlockchainFinancial Services

Humaniq ICO Exceeds $5 Million

Ethereum-based financial services project Humaniq, providing banking services for the unbanked, has announced that its public crowdsale of the HMQ token finished with a participation of 11,860 people. The pre-seed funding for this crowd-sale reached $5,163,000. Dinis Guarda, CEO of Humaniq, said: "Our team has worked hard to prepare and...
BlockchainFinancial Services

Blockchain Technology Secures Transaction Records for Consumer Credit Platform

New consumer credit platform Upgrade, Inc. has announced the launch of a new consumer credit platform that combines a marketplace lending approach with tools that help consumers understand and monitor their credit. The company has incorporated blockchain technology to build risk management, servicing operations, compliance management system and internal controls....
BlockchainFinancial ServicesMarketPayment

Blockchain Technology Transforms Finance and Accounting Operations

Global professional services firm Genpact, which focuses on delivering digital transformation, is investigating the possibility of companies using a digital finance and accounting solution that leverages blockchain technology to manage order-to-cash operations. In this way, Genpact aims to transform operations, customer satisfaction, and cash flow management by eliminating billing errors...
BlockchainFinancial ServicesMarket

Cross-Border Collateral Transfer Blockchain Solution

Four members of the 'Liquidity Alliance', an international group of central securities depositories, are cooperating with Deutsche Börse to launch an initiative leveraging blockchain technology to ease cross-border mobilisation of security collateral. With the planned solution, The Canadian Depository for Securities Limited, Clearstream, Strate and VPS want to overcome existing...
BlockchainFinancial ServicesStart-Ups

Waves Platform and Higher School of Economics Partner for Pro FinTech Startup Program

The Business Incubator of Higher School of Economics in Moscow has announced a second year of FinTech start-up program HSE Pro Fintech, with official partner Waves, the decentralized platform for crowdfunding and community management and National Settlement Depository. The Incubator recently launched the second round of its pro fintech programme....
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