Friday, October 9

    Bitcoin & Altcoins

    Digital asset market liquidity contracted sharply across global derivatives venues after Bitcoin dropped below 84,000 dollars, triggering a widespread market liquidations cascade. Market data tracking published by analytics platform CoinGlass confirms that over 550 million dollars in risky crypto bets

    FinTech

    Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently announced the successful closure of a $2 million Seed Round investment led by CoreVision. This strategic funding round is poised to accelerate the growth and development of financial

    Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape.  This strategic investment underscores Potencia

    Africa-focused fintech giant, PalmPay, has rolled out two innovative products, Unlimited Free Transfer and Target Savings, in Nigeria. The company aims to enhance financial accessibility by eliminating transfer fees and offering customizable savings solutions.  PalmPay, known for its presence in

    Nexi, a leading force in European PayTech, has forged a strategic alliance with Mastercard to propel open banking account-based payments throughout Europe, marking a significant stride in the continent’s payment ecosystem. This collaboration seeks to revolutionize e-commerce transactions across Europe