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Estonian fintech Mifundo picks up €2.5 million grant from European Innovation Council

Innovative Estonian fintech company Mifundo has secured €2.5M grant funding plus investment from the prestigious European Innovation Council (EIC) Accelerator program, making it the first fintech company ever to receive full funding from this initiative.

/markets

SpectrAxe joins Osttra post-trade network

SpectrAxe, the pioneering central limit order book (CLOB) for over-the-counter (OTC) FX options, is partnering with OSTTRA, a leading provider of post-trade solutions, to offer a comprehensive end-to-end service from price discovery through to execution, booking, and risk management in the FX options market.

/markets

Valantic FSA signs with Nasdaq to develop Web UI for fixed income markets

valantic FSA today announced it has agreed with Nasdaq (Nasdaq: NDAQ) to develop Nasdaq Rates Trader, a new web-based user interface for Nasdaq’s Nordic and Baltic fixed income markets.

/crypto

Kyax collaborates with Anna and DTIF to streamline digital asset regulatory reporting

KYAX, a Digital Asset Financial Reporting tool, the Association of National Numbering Agencies (ANNA), a global member association seeking to foster standardization within the financial industry, and the Digital Token Identifier Foundation (DTIF) whose mandate is to increase transparency in the digital asset space by creating a core reference data set, are pleased to announce they have joined forces to expedite the implementation of the ISO 24165 Digital Token Identifier (DTI) and ISO 6166 International Securities Identification Number (ISIN) standards in the digital asset space.

/crypto

Freebnk tokenizes real estate for fractional investments

FreeBnk, the fintech platform offering affordable financial services for crypto investors, launches its tokenized RWA (real-world asset) platform to enable its clients to invest in real estate through fractionalized ownership.

/ai

Vanna AI wins Paddle’s 2024 AI Launchpad

Vanna AI, the AI business intelligence assistant, has won Paddle’s 2024 AI Launchpad, the second edition of its six-week program aimed at empowering ambitious software founders to build, launch and scale their AI-powered business ideas.

/people

TBC Uzbekistan appoints Konstantin Kruglov as head of AI

London-listed TBC Bank Group PLC announces the appointment of Konstantin Kruglov as Head of Artificial Intelligence at TBC Uzbekistan, its fast-growing fintech business in Central Asia’s largest country by population.

/retail

Toyota and Fabrick collaborate on convergence of finace and mobility

Toyota Financial Services Italy, the financial division of the Toyota Group, becomes a Corporate partner of Fintech District, the international reference community for the Fintech and Techfin ecosystem in Italy.

/wealth

Mintos makes debut in the Czech Republic

Following its successful entrance in other EU nations, Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, continues its European rollout by making its official debut in the Czech Republic investment market.

/cloud

Episode Six Payments-as-a-Service proposition arrives in AWS Marketplace

Episode Six (E6), a global provider of payment processing and digital ledger infrastructure, has announced that its cloud-based solution offering payments-as-a-service, is now available on the Amazon Web Services (AWS) Marketplace.

/wholesale

SME banking technology provider wamo raises $5 million

wamo, a leading digital business account provider for SMEs, today announces that it has secured a bridge to Series A round of $5 million USD in growth funding, as well as an EU Electronic Money Institution (EMI) license from FIN-FSA (Finland’s Financial Supervisory Authority), positioning the company for accelerated growth across Europe.

/identity

Diebold Nixdorf supplies self-service checkouts with age verification for unmanned shop in Germany

It is now possible to quickly pick up a packet of flour or a bottle of wine around the clock – including weekends – in the village of Freckenfeld (Rhineland-Palatinate, Germany).

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