Category Archives: Finance

29Sep/21

ACE Exchange’s Asia-First LGBT-themed NFT Collectable Receives Overwhelming Response

ACE Exchange’s LGBT-themed non-fungible token (NFT), featuring popular Taiwanese couple CACA&BELLA, has received overwhelming attention after its launch. The 100 NTF collectables were sold out within five minutes after being made available and has received over 150,000 likes on one of the top LGBT Instagram accounts. Continue reading

26Sep/21

Bourse Collaborates with Instinctif Partners to Develop IR Best Practice Among Listed Companies

Manama: Bahrain Bourse, a self-regulated multi-asset marketplace, announced signing a Memorandum of Understanding (MoU) with Instinctif Partners MENA, an international business communications consultancy and Investor Relations (IR) advisory. The collaboration seeks to implement IR-related initiatives, which will allow Bahrain Bourse to promote best practice among listed companies, other market participants, as well as internally. Continue reading

13Sep/21

RNA Analytics explores digital transformation in InsurTech with new white paper

RNA Analytics, a global leader in actuarial and risk management, launches today a brand new white paper ‘InsurTech: Market in Summary’, which explores the recent challenges and newest opportunities within the actuarial, insurance and risk management sectors today. Continue reading

10Sep/21

OD Hotels Becomes the First Hotel Group to Create its Own NFT Art Collection

OD Hotels is continuing its commitment to, and passion for, art with its own NFT art collection and gallery. Since opening its first hotel, Ocean Drive Ibiza in 2006, the group, which focuses on connecting guests to the locations they are staying in, identified that art and culture plays a huge role in achieving this connection. As the hotel group has grown, so has its involvement in art, with; in-hotel exhibitions, the launch of the OD Art Awards, artist interviews in its OD Mag magazine, painting workshops, live painting experiences, and now its NFT art collection. Continue reading

07Sep/21

FICO Survey: UK Borrowers 31 Percent More Likely to Open Account Digitally Than in 2020

A new study in the UK by analytics software firm FICO shows that UK consumers today are 31 percent more likely to open an account digitally than a year ago. However, the surprising outliers in the rush to digital-first account opening are Generation Z (Gen Z). Financial education is key as it appears that digital savviness is not enough to counter the need for in-person help and advice when selecting banking providers. Continue reading

06Sep/21

Agricorp International Raises $17.5 Million to Become the Largest Spices Export Startup in Africa

Agricorp International, Nigerian based spices producing, processing, and exporting company has raised $17.5 million in Series A funding to increase its processing capacity up to 7000 metric tonnes. This fund was raised from Vami Nigeria, One Capital LLC and AFEX. Nigerian-based Vami led the funding round with $11.5 million in equity, while the other investors provided working capital financing for the company. Ernst & Young (Nigeria) served as transaction advisers while Elisio Law Office and Pavestone Legal served as legal advisers. Continue reading

16Aug/21

Online Blockchain plc: Umbria’s Cross-Chain Narni Bridge is Now Live

Umbria Network is pleased to announce that its highly anticipated Narni ‘Insta’ Bridge is in Beta and available to the public.
Users of the bridge – bridge.umbria.network – can now transfer $UMBR (Umbria’s governance token) between the Ethereum Mainnet and Matic Mainnet quickly, easily and cheaply. Imminently the bridge’s functionality will extend to see it compatible with a universe of other assets and integrating with a host of different blockchains. Continue reading

13Aug/21

LandOrc Uses NFT and DeFi Technology to Bridge the Global Real Estate Funding gap

LandOrc, headquartered in UAE, is a new Tech solutions provider that facilitates lending for real estate industry by providing access to Decentralised Financing (DeFI) and utilising land titles in non-fungible token (NFT) form as a collateral, with all transactions on the Ethereum blockchain for greater trust, transparency and speed. Continue reading