SoftBank-Backed Fintech Firm Joins Chinese Conglomerate to Build Blockchain Platform

Deutsche Bank is in talks with SoftBank-backed British fintech firm OakNorth to use the latter's credit analysis and monitoring platform, a source with knowledge of the discussions told Reuters......»»

Shares of OneConnect Financial Technology jumped 5% in their U.S. market debut on Friday, valuing the Chinese cloud tech firm at $3.79 billion......»»

Mastercard has joined the Marco Polo trade finance consortium founded by blockchain startup R3 and fintech firm TradeIX......»»

U.K.-licensed payments platform Wirex is launching 26 fiat-backed stablecoins on the Stellar blockchain network......»»

BEIJING/SHANGHAI (Reuters) - Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday......»»

Rumi Morales, a well-known figure in Chicago’s fintech and startup scene, has joined a London-based venture capital firm focused on blockchain technology. Outlier Ventures announced Wednesday that it has named Morales as a partner, a move that a.....»»

Blockchain-backed data platform, Streamr, joins previous winners Porsche and Daimler in receiving Plug and Play Global Innovation Award for Partnership with Hewlett Packard Enterprise Q2 hed.....»»

In one of his first public moves since leaving the White House earlier this year, the 58-year-old former president at Goldman Sachs has joined a fledgling fintech firm......»»

It's suspected that technology on the Global IP satellite may have ended up with the Chinese military. Boeing has canceled a deal to build a communications satellite -- which it has almost completed.....»»

Blockchain-based home equity loan startup Figure Technologies has raised $65 million in a round backed by Morgan Creek......»»

Block. one — the firm that developed the software behind major cryptocurrency EOS (CRYPTO: EOS) — launched a decentralized cryptocurrency exchange (DEX) through its new dedicated subsidiary Bullish Global. read more.....»»

Thiel-backed Block.one is launching a crypto exchange called Bullish Global in 2021 and big-name investors including Mike Novogratz are o.....»»

“As we continue to build the firm, the number of platform companies and the capital under management, we are growing our team alongside that to be able to help the businesses grow in the way we want,” said the firm's co-founder and managing partner......»»

Real Estate Brokerage Firm Compass Inc. Going Public New York-based real estate startup, Compass, which is backed by SoftBank, filed .....»»

Last week Germany blocked the sale of a satellite and radar firm to a Chinese state-backed buyer, the latest in a cooling of corporate relations between the two countries. China Aerospace and… The post German.....»»

The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan......»»

Tradeshift wants the Danish government to try out a supply-chain relief plan that involves the fintech unicorn's blockchain-based trade finance platform......»»

IBM has created a new blockchain consortium with power grid operators TenneT, Swissgrid and Terna to help facilitate the transition to renewable energy......»»

Blockchain firm Ripple sued Alphabet Inc's YouTube on Tuesday, alleging the video-sharing platform failed to protect consumers from cryptocurrency "giveaway" scams that use fake social media profiles to dupe victims into sending money......»»

Private equity firm Canyon Bridge, the Chinese-backed owner of Imagination Technologies, told the British government it was committed to keeping the chip designer headquartered in the UK, confirming an earlier Reuters report......»»