Fintech

Over 70 Hopeful Startups Primed for Hong Kong Mega Event of EPiC 2024 Grand Finale

Retrieved on: 
Wednesday, March 13, 2024

This year, HKSTP has handpicked a star judging panel of leading figures from the Hong Kong innovation scene to determine the winners at EPiC 2024.

Key Points: 
  • This year, HKSTP has handpicked a star judging panel of leading figures from the Hong Kong innovation scene to determine the winners at EPiC 2024.
  • The current Grand Finale final judges include:
    Ar Donald Choi, JP, Executive Director & Chief Executive Officer, Chinachem Group;
    Jonathan Chiu, Hong Kong President, Schneider Electric (Hong Kong) Limited.
  • Photo 1: HKSTP successfully completed regional Elevator Pitch Competition 2024 (EPiC) Hong Kong Semi-final on 29 February 2024, with 12 of the Hong Kong's brightest innovators selected to participate in EPiC 2024 Grand Finale on 26 April 2024.
  • Photo 2: HKSTP successfully completed regional Elevator Pitch Competition 2024 (EPiC) Stuttgart Semi-final on 4-5 March 2024, with 20 of the European brightest innovators selected to participate in EPiC 2024 Grand Finale on 26 April 2024.

Multitude SE: CapitalBox Launches SME-Focused Collateral Lending  

Retrieved on: 
Wednesday, March 13, 2024

Helsinki, 19 February 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “Company” or “Group”) announces, that its business unit CapitalBox, the leading FinTech lender for small- and medium-sized enterprises in Europe, officially launches its new comprehensive collateral lending program today.

Key Points: 
  • Helsinki, 19 February 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “Company” or “Group”) announces, that its business unit CapitalBox, the leading FinTech lender for small- and medium-sized enterprises in Europe, officially launches its new comprehensive collateral lending program today.
  • CapitalBox’s new collateral lending program provides secured instalment loans that run from €100,000 to €1 million – in other words, the kind of cash infusion and capital SMEs need to expand meaningfully, not just stay afloat.
  • "We’ve been working towards expanding into collateral lending for some time now, which is instrumental to our commitment to helping SMEs traditionally overlooked by conventional banks.
  • We’re ready and waiting to make their lives easier and their businesses more successful,” said Mantvydas Štareika, CEO of CapitalBox.

Multitude SE strengthens market position with the acquisition of the Omniveta business through CapitalBox

Retrieved on: 
Wednesday, March 13, 2024

The parties have agreed not to disclose the terms of the transaction, which will take effect from 1st March 2024.

Key Points: 
  • The parties have agreed not to disclose the terms of the transaction, which will take effect from 1st March 2024.
  • With this acquisition, CapitalBox is further expanding its market position in the area of business loans, reinforcing Multitude's SME banking segment.
  • Omniveta will assume the name CapitalBox moving forward, and its entire team will be integrated into the CapitalBox’s Danish division.
  • By combining CapitalBox and Omniveta, we are consistently expanding our business model and our added value.

EQS-News: tradias Integrates with Wyden to Expand Institutional Access to the Digital Asset Ecosystem

Retrieved on: 
Wednesday, March 13, 2024

Zurich/Frankfurt am Main – tradias GmbH, one of the leading European trading houses for cryptocurrencies and digital assets, has announced its strategic integration with Wyden, a premier provider of institutional digital asset trading technology.

Key Points: 
  • Zurich/Frankfurt am Main – tradias GmbH, one of the leading European trading houses for cryptocurrencies and digital assets, has announced its strategic integration with Wyden, a premier provider of institutional digital asset trading technology.
  • This partnership broadens tradias’ reach among institutional clients while adding a new source of deep crypto liquidity to the Wyden platform.
  • By integrating tradias into its institutional digital asset ecosystem, Wyden further expands its network of top-tier liquidity providers that their clients can leverage to trade crypto assets with confidence.
  • “tradias stands out in the digital asset landscape and will enrich the liquidity available to Wyden clients looking to achieve best execution.

EQS-News: Rubean AG expects exponential growth

Retrieved on: 
Wednesday, March 13, 2024

2.2 million to 2.5 million EUR

Key Points: 
  • 2.2 million to 2.5 million EUR
    Munich, 11 March 2024: Fintech company Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080) expects the strong revenue growth to continue throughout the year 2024 following a successful start into the new financial year.
  • "Compared to the market for mobile payments, the market for mobile payment acceptance is just beginning," says Rubean CEO Dr Hermann Geupel.
  • "In addition to the monthly software licence fees, Rubean also earns from every single transaction in the newly concluded contracts," Pielage continues.
  • "We expect over one million users of our Rubean app by the end of 2025," says Geupel.

JP Jenkins automates broker integration; now digital-first, fully scalable venue

Retrieved on: 
Wednesday, March 13, 2024

JP Jenkins automates broker integration; now digital-first, fully scalable venue

Key Points: 
  • JP Jenkins automates broker integration; now digital-first, fully scalable venue
    The issuer is solely responsible for the content of this announcement.
  • JP Jenkins automates broker integration; now digital-first, fully scalable venue
    London, March 5th, 2024 – JP Jenkins ( www.jpjenkins.com ), the liquidity venue for unlisted assets, has this morning announced that more than 40 UK brokers are now accessing the platform, including 16 who have completed a full digital integration, allowing for buy and sell orders to now be lodged on a fully automated basis.
  • “For the past 12 months, the team at JP Jenkins has been working hard with both the broker community and capital market infrastructure providers to ensure we can fully automate our trading processes.
  • In addition to being able to connect via a direct API, brokers can also access JP Jenkins’ issuers via their existing connections to Order Management Systems providers IRESS and Winterflood Securities.

VAZIVA ANNOUNCES THE LISTING OF ITS STOCKS ON EURONEXT GROWTH®PARIS

Retrieved on: 
Wednesday, March 13, 2024

Paris, March 13, 2024 8:00 a.m. - VAZIVA (ISIN CODE FR0014007T10 - ALVAZ), groundbreaker in the dematerialization of social endowments, announces that it has received approval from the EURONEXT Listing Board to transfer its shares from EURONEXT Access TM Paris to the EURONEXT Growth® Paris market.

Key Points: 
  • Paris, March 13, 2024 8:00 a.m. - VAZIVA (ISIN CODE FR0014007T10 - ALVAZ), groundbreaker in the dematerialization of social endowments, announces that it has received approval from the EURONEXT Listing Board to transfer its shares from EURONEXT Access TM Paris to the EURONEXT Growth® Paris market.
  • Shares will be traded on the EA compartment (private placement) of EURONEXT Growth® Paris from March 15, 2024.
  • Vaziva has also considerably increased its share of key account business, which now accounts for 43% of sales, compared with 25% in 2022.
  • In conjunction with the transfer of VAZIVA shares from the EURONEXT Access TM Paris market to the EA listing group (private placement) on EURONEXT Growth® Paris, VAZIVA is not issuing any new shares or placing any existing shares.

FTFT DEADLINE ALERT: ROSEN, A LONGSTANDING LAW FIRM, Encourages Future FinTech Group Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm - FTFT

Retrieved on: 
Tuesday, March 12, 2024

WHAT TO DO NEXT: To join the Future FinTech class action, go to https://rosenlegal.com/submit-form/?case_id=21786 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Future FinTech class action, go to https://rosenlegal.com/submit-form/?case_id=21786 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Ratsamy Consulting and RenewableErgon Embark on a Transformative Blockchain-Powered Renewable Energy Initiative

Retrieved on: 
Sunday, March 10, 2024

Markus Aurelio, the esteemed Executive Director of Ratsamy Consulting, expressed his enthusiasm for the potential of this partnership to revolutionize the renewable energy landscape.

Key Points: 
  • Markus Aurelio, the esteemed Executive Director of Ratsamy Consulting, expressed his enthusiasm for the potential of this partnership to revolutionize the renewable energy landscape.
  • "Our collaboration with RenewableErgon is a critical milestone in our commitment to accelerating the global transition to renewable energy.
  • Robert Leeds, the visionary founder of RenewableErgon, shared his perspective on the collaboration, stating, "Our partnership with Ratsamy Consulting, coupled with the potential engagement with Elapath Energy for the Taiwan project, underscores our unwavering commitment to a future powered by renewable energy.
  • This strategic collaboration among Ratsamy Consulting, RenewableErgon, and potentially Elapath Energy represents a pivotal advancement in the global push towards renewable energy.

Enkrypt AI Raises $2.35M to Build a Visibility and Security Layer for Gen AI

Retrieved on: 
Wednesday, February 28, 2024

Enkrypt AI stands apart by merging threat detection, privacy, and compliance into a comprehensive toolkit ensuring business adoption of LLMs and generative AI is safe, reliable and compliant.

Key Points: 
  • Enkrypt AI was founded by two Yale PhDs and AI practitioners Sahil Agarwal (CEO) and Prashanth Harshangi (CTO) in 2022.
  • With Enkrypt AI, enterprises have a control layer between these LLMs and end-users, providing security and safety functionality.
  • Prashanth Harshangi, Co-founder and CTO at Enkrypt AI commented: "As the benefits of AI become ever more tangible, so do the risks.
  • Enkrypt is the command center to control, monitor and have visibility across Gen AI initiatives."