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Mobile Bitcoin Transfer App Abra Raises Another $12M in Venture Capital
Abra, a startup that has developed a mobile bitcoin remittance app, announced this week that it has closed a $12 million Series A financing round, raising over $14 million in venture financing....
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BitPesa Expands to Offering Payments to Nigeria and Uganda
BitPesa is now offering bitcoin remittance services to Nigera and Uganda from anywhere in the world, adding to services to Tanzania and Kenya. The Kenyan-based startup began as an exchange that allowed...
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Visa Europe, Epiphyte Collaborate on Using Blockchain Tech for Remittances
Visa Europe Collab, Visa Europe’s international innovation hub, is working on a proof of concept with Epiphyte, a startup specializing in distributed ledger solutions for the mainstream financial...
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Stellar, Oradian Jointly Make Low-Cost Payment Available to Nigerian Rural Women
Stellar, a cryptocurrency non-profit corporation, and Oradian, a fintech firm providing core-banking software in West Africa, have launched a low-cost live payment transfer network among microfinance...
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Linux Foundation’s Hyperledger Project Members Include Banking, Tech Giants
The Linux Foundation revealed yesterday new members of the new Hyperledger Project, a formal open governance structure and technical updates. Announced at the end of 2015, the Hyperledger Project is an...
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Japan’s Largest Tech, Financial Corporates Collaborate to Create New...
A cooperative effort has been announced between ORIX Corporation, ORIX Bank Corporation, The Shizuoka Bank, Ltd., NTT DATA Corporation, and NTT DOCOMO Ventures, Inc. in which they have agreed to...
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JPMorgan Tests Blockchain USD Transfers for Months Between London & Tokyo
The largest US bank, JPMorgan Chase, has for months been testing proprietary blockchain technology to make US dollar transfers between London and Tokyo for nearly 2,200 clients, according to the Wall...
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Deutsche Bank: Blockchain Turns Tried & Tested Biz Models on “Head”
The research arm of German banking giant Deutsche Bank stated in a recent report that blockchain technology is turning “tried-and-tested business models…on their head.” The report’s author, DB Research...
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BTL Group and Netcoins to Launch Canadian In-Store Remittance
BTL Group Ltd. has announced that it has entered into an agreement with Netcoins Inc. to launch in-store remittances beginning in 19 locations across Canada. Remittances will be offered under BTL’s...
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Ripple Hires HSBC Executive and SWIFT Board Member
Ripple, the provider of distributed ledger settlement solutions, has announced the employment of Marcus Treacher as Global Head of Strategic Accounts. Treacher apparently has more than 30 years of...
View ArticleBitwala Picked for Pioneers Festival Top Startups
Bitcoin-powered remittance startup Bitwala has been nominated one of the top 70 startups in Pioneers Festival 2016. The Pioneers Festival is one of the largest entrepreneurship and innovative...
View ArticleBlockchain Unveils Alpha Release of Lightning Network
Blockchain, a major bitcoin wallet provider, has launched its alpha version of the Lightning Network, dubbed Thunder. Lightning Networks are designed to bring scalability and instant off-chain payment...
View Article[Q&A] WAVES Platform Completes ICO
Last week WAVES, the decentralized platform which uses blockchain tokens represent any value, ended its ICO with a reported 29,634 bitcoins raised – then worth close to $16 million. Tokens can be...
View ArticleBitspark Remittance Platform Adds New Features
Remittance service provider Bitspark has been seeking to make its platform easier for businesses and individuals since opening our platform to online senders and has reported great reception of its...
View ArticleCoinsecure and OKLink to Bring Blockchain Remittance to India
Indian bitcoin company Coinsecure has announced a new partnership with OKLink in order to provide blockchain technology based remittance services in India. The newly launched OKLink is part of OKCoin’s...
View ArticleFree Cross-Border Transfers for Global Remittance Companies
Global blockchain money transfer network OKLink announced today that it will subsidize all fees on the first US$100,000 of cross-border transfers for every partner on the OKLink network, up to a total...
View ArticleBlockchain Pilot Network from Infosys Finacle, Emirates NBD and ICICI Bank
EdgeVerve Systems, a wholly owned product subsidiary of Infosys, Emirates NBD, a banking group in Middle East and ICICI Bank Limited, India’s largest private sector bank by consolidated assets, have...
View ArticleBitPesa Facilitates Payments Between Africa and China
Businesses in China and Africa can now send instant payments in local currency directly from African bank accounts to Chinese bank accounts using BitPesa’s digital platform. The remittance service...
View ArticleNew Blockchain Platform Accepted by Hyperledger Project for Incubation Status
Soramitsu Co., Ltd., developer of open source distributed ledger and smart contracts platform Iroha, has submitted and had its platform accepted to the Linux Foundation’s Hyperledger Project as an...
View ArticleFree Cross-Border Transfers for Global Remittance Companies
OKLink, the Hong Kong-based global blockchain money transfer network, has announced a new partnership with e-wallet provider DOKU to offer digital wallet as a pay-out option for real-time money...
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