In today’s top news in digital-first banking, European Central Bank (ECB) President Christine Lagarde cautioned that stablecoins could be a risk to monetary sovereignty, while Velo Labs is working with Visa and Lightnet on lending in Asia. Plus, the Central Bank of Iceland (CBI) is...
The company that developed the Velo Protocol, Lightnet, has raised $31.2 million in a Series A funding round, according to a report by Coindesk Monday (Jan. 13). The round was led by UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum...
December 12, 2023
Singapore-based payment solutions provider Lightnet partnered with B2B global payments infrastructure-as-a-service provider TransferMate. Lightnet will integrate TransferMate’s global payments network within its platform, enabling Lightnet to expand its services to a wider client base, the companies said in a Monday (Dec. 11) press release. These new capabilities will allow Lightnet’s customers to establish virtual bank […]
January 13, 2020
The company that developed the Velo Protocol, Lightnet, has raised $31.2 million in a Series A funding round, according to a report by Coindesk Monday (Jan. 13). The round was...
