The venture capital fund Speedinvest, headquartered in Vienna, launches a new investment fund. “Speedinvest 3” aims at 175 million euros by the end of 2019. It invests in European start-ups from the fields of Deeptech, Fintech, Artificial Intelligence and Industry 4.0. “The capital will not only come from Austria but…
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The Fintech universe is expanding all around the world. During the year 2018, there was an increase in this niche of companies and it is very likely that this trend will continue. Last year was very prolific for some companies like Ant Financial that had an investment of $ 14…
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Adyen NV is a fintech that saves millions of dollars to merchants by streamlining card payment transactions. The financial technology firm, which is located thousands of kilometers from Silicon Valley, is making its founders gain much more. The chief executive, Pieter van der Does, the technology director, Arnout Schuijff, and…
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SWIFT, the global system for handling cross-border payments, announced today that it will integrate R3’s open source blockchain solution into a proof of concept phase. Proof of Concept Blockchain integration The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a global banking payment network. It works with more than 11,000…
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Most founders like to talk about their growth rate and monthly sales. But do they focus on their costs? Rather not. As long as more revenue (or investments) is coming than the amount spent, everything feels right. A regular look at the cost structure and a suitable forecast can be…
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SWIFT, the global bank payment network, plans to start testing its GPI Link payment standard through the Corda platform of R3. SWIFT CEO Gottfried Leibbrandt said that integration is currently a proof of concept. The integration will allow the R3 blockchain software company to link to GPI (Global Payments Innovation)…
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What are the technological trends of the future? Which are the most suitable startup solutions for a specific problem? Those are questions to deal with as a startup scout at the Startup Intelligence Center at Daimler Financial Services. The Startup Intelligence Center (SIC) is the entry point for all young…
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The new regulations around Open Banking and, in particular, the PSD2 in Europe, are promoting a transition towards the data economy, an evolution towards the valuable information that is the basis of the digital economy, according to a new report. of Minsait on the evolution of means of payment. The…
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Never before have so-called startups – young start-ups – received as much venture capital as last year. The ITC sector collected the most funds. Specifically, 1.24 billion francs flowed into venture capital in young Swiss companies last year. This corresponds to a handsome increase of almost 32 percent compared to…
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SWIFT announced that it would carry out a Proof-of-Concept (PoC) to integrate its gpi payment standard with Corda, the blockchain platform of R3. The announcement was made at the FinTech Forum in Paris this morning by Gottfired Leibbrandt, CEO of the company. In a subsequent announcement, SWIFT explained that this…
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