Tag: investment

March 3, 2023

Intesa Sanpaolo, Italy’s largest banking group, has partnered with tech titan IBM to “future-proof” its IT infrastructure. Intesa says demand for digital services and “increasingly stringent security, compliance and sustainability regulations” have made it necessary for banks to review and […]

December 27, 2022

Market Strategists Expect Oil Prices to Jump Considerably in 2023, Some Warn That $100-a-Barrel Oil Should Be Expected Next Year, Others Say a Barrel of Crude Could Surpass $200 Reports show that Wall Street is bullish about oil in comparison […]

November 10, 2022

Cardano and Ethereum, two well-known cryptocurrencies, are creating protocols and networks to facilitate decentralized apps and services. Enterprises built to buy Ethereum or Cardano may operate independently of a centralized entity such as a bank or broker. One significant difference […]

November 3, 2022

As reported by CNBC, the new service is dubbed Fidelity Crypto and will be powered by Fidelity Digital Assets, a more developed offshoot the company launched to handle its investments in the nascent crypto ecosystem. Embracing Bitcoin and Ethereum through […]

November 1, 2022

Since Bitcoin (BTC) has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead. The market insight […]

October 14, 2022

The capital raised includes a $15 million Series A led by Index Ventures, with participation from seed investors First Round Capital, General Catalyst, SV Angel, Operator Partners, Box Group, among others. With the fresh funding, Mercantile plans to further its […]

September 15, 2022

Candis, an accounts payable (AP) processes automation solution, has raised $16 million in its latest funding round, led by Viola FinTech. Returning investors Lightspeed and Viola Ventures also took part. The round brings its total funding to $30 million (previously, […]

September 15, 2022

Artificial intelligence (AI) and blockchain are two of the technologies with a significant impact on digital transformation, and will play a central role in Europe’s technological sovereignty. All major economies are seeking leadership in the development and deployment of AI […]

August 24, 2022

Insurtech platform Accelerant has launched a new $175 million sidecar investment vehicle, called Flywheel Re. The new sidecar will provide multi-year risk capital to Accelerant and its cohort of underwriting-led specialist members. Goldman Sachs & Co. LLC served as exclusive […]