Blockchain-based wholesale payment systems firm Fnality has raised $95.2 million in a new funding round. The round, as reported Tuesday (Nov. 14) by Bloomberg News, was led by Goldman Sachs and BNP Paribas. CEO Rhomaios Ram told Bloomberg the company will use the investment to fund the operations and...
Today in Data, Malaysia considers following El Salvador’s lead in making bitcoin legal tender. Plus, Euroclear supports blockchain payments consortium Fnality, and Recharge.com expands from Amsterdam roots into Australia. Data 14%: Share of El Salvador businesses that have used bitcoin since the country made it...
In today’s FinTech news, Euroclear has invested in blockchain payments consortium Fnality, while Recharge.com is expanding its gift card offerings to the land Down Under. Plus, rising interest rates could be a game-changer for traditional financial institutions. Euroclear Backs Blockchain Payments Consortium Fnality International securities...
International securities settlement system Euroclear has invested in the regulated blockchain payments consortium Fnality — formerly known as the Utility Settlement Coin (USC) — which is owned by 16 financial institutions, including Nasdaq, BNY Mellon, State Street, and UBS, Reuters reported on Monday (March 21). ...
July 17, 2024
State Street is reportedly looking at a number of options for settling payments on blockchain. The financial services and banking firm is considering creating its own stablecoin, creating its own deposit token, joining digital-cash consortium efforts, and developing settlement options through blockchain payment startup Fnality, in which it has an investment, Bloomberg reported Wednesday (July […]
November 14, 2023
Blockchain-based wholesale payment systems firm Fnality has raised $95.2 million in a new funding round. The round, as reported Tuesday (Nov. 14) by Bloomberg News, was led by Goldman Sachs and BNP Paribas. CEO...
March 21, 2022
International securities settlement system Euroclear has invested in the regulated blockchain payments consortium Fnality — formerly known as the Utility Settlement Coin (USC) — which is owned by 16 financial...
