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Ripple Launches New Investment for Operations Using XRP: Xpring

Ripple announced a new investment initiative for companies using XRP tokens. The new venture was called "Xpring", pronounced as "spring". It was explained that Xpring is going to “invest in, incubate, acquire and provide grants to companies and projects run by proven entrepreneurs.” A prerequisite for admission...

Forex Platform Launches Crypto Trading

Software developer Kx Systems' white-label forex trading platform Kx for Flow will now also be able to trade crypto money. Kx for Flow customers will now be able to conduct trade for crypto money such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple. US-based Kx Systems...

European Union Approves New Legislation Covering Crypto Market

According to local news sources, the European Union has ratified new anti-money laundering(AML) legislation, including  cryptocurrency. According to Spanish news source La Vanguardia, the month we passed the European Union formally approved the legislation approved by the European Parliament. The new rules included in the legislation will be published...

What are the challenges often faced by the entrepreneurs when running a Fintech company?

Many of the Fintech companies are actually expanding at a rapid pace. That does not mean that there are no challenges in running a Fintech company. We will today highlight some of the challenges which are faced by the entrepreneurs when running a Fintech...

Singapore Fintech co. Silot to expand in south-east Asian countries like Malaysia, Thailand and Hong Kong

Silot is a Fintech start-up in Singapore. It has lost US$ 3 million from investors in pre-series A funding. The investors included marquee names like Arbor Ventures and Eight Roads. Fintech co. Silot raises US$ 3 million in funding Eight Roads belongs to Fidelity International. Arbor...

Fintech Analysis: How Fintech start-ups are helping banks in reducing the NPAs?

NPA’s have been a problem for the banking and finance industry since time immemorial. Banks and financial institutions will go to any length in order to reduce these non-performing assets. Moreover, in the recent times as the leverage of the companies increased, NPAs have...
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