SC Ventures and SBI Holdings to jointly launch digital asset investment firm in UAE
The joint venture will initially receive a $100 million capitalisation from both companies.
The joint venture will initially receive a $100 million capitalisation from both companies.
SBI keen to push API integration to Japanese banks.
The Telegraph says the SBI splashed £44 million on the British fintech.
The round was led by SBI Investment.
A new joint venture for blockchain rises in the east.
Banks and politicians in Japan are getting ever more energetic for fintech with grand plans for APIs, artificial intelligence (AI), digital currencies, blockchain, funding for start-ups and an easing of regulations. According to the Nikkei Asian Review, the Bank of Tokyo-Mitsubishi UFJ (BTMU) will launch a website on Monday (25 September) for makers of smartphone […]
SBI Ripple Asia and the Japan Bank Consortium have “successfully” completed a pilot implementation of RC Cloud, Ripple’s unified blockchain platform for domestic and cross-border payments. As Banking Technology reported last year, the consortium (full name “The Japan Bank Consortium to Centrally Provide Domestic and Cross-border Payments”) officially launched with 42 member banks. As of […]
SBI Ripple Asia has announced that a Japanese consortium of 15 banks in a new network will use Ripple’s blockchain technology for payments and settlement. Using Ripple, customers of the banks will get real-time domestic and cross-border payments, 365 days of the year. Initial participants include Bank of Yokohama and SBI Sumishin Net Bank (SBI […]
With news on crowdfunding and investment appearing with relentless regularity, here’s a round-up of key events to save you time. UK challenger bank Tandem has now revealed the money it’s raised and its valuation – all in preparation for a crowdfunding campaign that starts on 20 May. Money raised comes to £22 million and it […]