On January 21, Martha Sazon, president and CEO of GCash, a major fintech platform in the Philippines, said on Monday that the company is preparing for an IPO and is building its suite of financial products in addition to payments. "We want to further expand our lending business and investment platform,...
Shipfinex, a maritime asset tokenization fintech platform, announced the completion of a $1.50 million seed round of financing, led by Mr. Gaurav Mehta, Chairperson of Best Oasis Limited and SPM Shipping DMCC, and participated by Mr. Vivek Seth, Senior Vice President of ADNOC Logistics & Services, and Mr. Yasovardhan Chinn, founder of Nanlian Ship Management LLC. The specific valuation information has not been disclosed yet. The new funds will support its implementation of partial ownership of m...
SwissBorg, a fintech platform focused on cryptocurrencies and serving the European market, has announced the launch of a USDC Earn product leveraging the Morpho protocol. The new product, now available to SwissBorg app users, provides Web2 audiences with access to a custom Morpho Vault, which is said to have access to Morpho's WBTC/USDC and wstETH/USDC marketplaces, marking the first time Morpho's Vaults have been used in a CeFi environment.