Month: November 2022
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The FinTech Of The Year Award Winners Have Been Announced: These Are The Winners!
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Last week, the coveted “Fintech of the Year” awards were presented by Payment and Banking during a festive gala in front of 200 guests at the Alte Stahlbau Fredenhagen in Offenbach. There was great excitement among the nominees: until the end, the last three nominees in each category on the…
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Motive Partners Buys Ramin Niroumand’s FinTech Fund Embedded Capital!
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New York venture capitalist Motive Partners (website) acquires Berlin-based fund Embedded Capital. Together they want to manage €300 million. The fund, which specializes in fintechs, was founded by Ramin Niroumand about a year ago. Niroumand is known as the founder of the fintech incubator Finleap. Neither company commented on the…
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Amazon Prime Is Working on FTX Story
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An 8-part series about the crashed crypto exchange FTX is being planned by Amazon.Avengers creators Anthony and Joseph Russo are to direct the series. Amazon has ordered a miniseries on FTX, reports Variety. The Russo brothers, who have directed some of the central films of the Marvel Cinematic Universe –…
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China’s FinTech Ant Reportedly Faces A Billion-Dollar Fine!
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The fine could end the regulatory process that has been ongoing for two years. After that, the planned IPO could also be resumed. Ant Group, the fintech arm of e-commerce giant Alibaba, is expected to pay more than a billion dollars in fines to the Chinese state. This was reported…
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Berlin-Based AI FinTech Taktile Picks Up 20 Million!
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An accolade for the software startup Taktile (website) The top VCs Index and Tiger Global participate in Series A. The revenue growth has convinced the investors. In its second round of funding, Berlin-based fintech Taktile secures the equivalent of around 20 million euros ($20 million). The startup has developed software…
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Introducing the “Bill Gates Of The Alps” Daniel Mattes!
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Daniel Mattes, the “Bill Gates of the Alps”, is an Austrian serial entrepreneur and business angel active in Austria, Germany, and the USA. Matthes was a member of the investor panel in the first season of 2 Minutes 2 Million. He made e spectacular exit in 2009 with his company…
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Coinbase Holds $39 Billion Worth Of BTC!
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As major crypto exchanges are stepping up their efforts to assure customers and investors of their stability, Brian Armstrong, the CEO of Coinbase, has revealed that his company holds crypto reserves that include about 2 million BTC worth about $39.9 billion. “We hold ~2M BTC. ~$39.9B worth as of 9/30,”…
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Texas Launches Investigation Into Tom Brady And Other Celebs Over FTX
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NFL superstar Tom Brady and basketball player Stephen Curry and other US celebrities are facing an investigation by the Texas financial regulator regarding the insolvent crypto exchange FTX. Texas Financial Industry Regulatory Authority Director of Law Enforcement Joe Rotunda confirmed to Bloomberg today, Nov. 22, that his agency is looking…
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Crypto Exchange Bitpanda Receives A BaFin License
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The German Federal Financial Supervisory Authority BaFin grants Bitpanda the “license for custody and proprietary trading of crypto assets”. The company, which is registered as Bitpanda Asset Management GmbH in Vienna, has thus officially received a license from the German securities regulator for the custody and proprietary trading of crypto…
