Unbanked Secures Funding from KingsCrowd Capital
It is reported that Unbanked, the blockchain financial technology solution, announced the completion of a new round of financing. The specific amount has not b…
It is reported that Unbanked, the blockchain financial technology solution, announced the completion of a new round of financing. The specific amount has not been disclosed yet. KingsCrowd Capital, a data-driven venture capital fund, participated in the investment.
Unbanked completed a new round of financing and KingsCrowd Capital participated in the investment
Interpretation of the news:
Unbanked, a blockchain-based financial technology solution, has announced the completion of a new round of financing. Although the specific amount of funding has not yet been disclosed, the investment was made by KingsCrowd Capital, a data-driven venture capital fund.
This announcement is a significant milestone for Unbanked, as it demonstrates the growing recognition of the value of blockchain technology in the financial sector. Several blockchain-based solutions have been developed over the last few years, but Unbanked has distinguished itself as a unique solution that offers users a decentralized platform for financial transactions.
Unbanked’s platform offers a range of financial services such as remittances, lending, and payment processing. By leveraging the blockchain, Unbanked aims to provide a more secure and efficient system that reduces the costs associated with traditional financial systems.
The participation of KingsCrowd Capital in the latest round of financing also highlights the increasing interest of venture capital firms in blockchain-based solutions. KingsCrowd Capital is known for its data-driven approach to investment decisions, and the fact that it invested in Unbanked shows that the platform has been able to demonstrate its potential as a viable solution in the fintech sector.
The funding secured by Unbanked will likely be used to further develop and improve its platform. As the platform gains more users, there is also the potential for expansion into new regions and the addition of new services.
In conclusion, the announcement of Unbanked’s latest round of financing is an important development for the blockchain-based financial technology industry. The participation of KingsCrowd Capital in the investment underscores the potential of Unbanked’s platform and the continued interest of venture capital firms in the fintech sector.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/2256/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
On April 19th, Solana Mobile and Claynosaurz Launch the Co-Branded NFT Series “Call of Saga”
On April 19th, Solana Mobile announced on social media that the Web3 phone manufacturer has partnered with the NFT project Claynosaurz to launch the co branded NFT series \”Call of
-
#FTX Group Scandal: Alameda Accused of Stealing Encrypted Assets
On April 10th, according to a report released by FTX creditors, on July 31, 2019, former FTX engineering director Nishad Singh changed the code base to allow Alameda to extract an
-
Blockchain Technology Brings Advantages to Copyright Management in China
It is reported that at the 7th China Network Copyright Protection and Development Conference, the China Copyright Association released the Report on the Applic…
-
What is the concept of blockchain eos (what term blockchain is)
What is blockchain concept eos According to IMEOS messages, what is blockchain concept eos? It has its own design pattern and Technology roadmap to help users better understand the eos network Firstly, let’s introduce its architecture: EosioNetwork, based on the EOSIO software development framework, is the first smart contract platform to use a “distributed ledger” for transactions. This system will allow anyone to create programmable digital assets and initiate voting or perform operations on them; Provide support by issuing tokens on the main network; Moreover, the platform also features security, privacy, and scalability, allowing each account to have different control rights What is the term blockchainAccording to Coindesk, blockchain is a term. On the internet, everyone can send information and content to blockchain systems through email, QQ, or other means without the need for any intermediaries to access it When it comes to Cryptocurrency, we call it “smart”. By using smart contract technology, transactions can be recorded and the integrity…
-
Square Enix to Launch NFT-Based Game on Polygon
It is reported that Square Enix, a well-known Japanese video game developer with IP addresses for games such as \”Final Fantasy\” and \”The Warrior Fight the Drag…
-
What is the name of the Ethereum block folder (What is Ethereum blockchain)?
What is the name of the Ethereum block folder, which is different from other typ
-
“SporkWhale – A Mascot Symbolizing Community Ownership”
On March 6, John Paller, co-founder of ETHDenver, revealed on the closing day of ETHDenver that the mascot of next year\’s conference was \”SporkWhale\”, which re…
-
Report on the Credit Suisse Incident: A Conspiracy in Tax Evasion?
According to reports, the US Senate released a report on the Credit Suisse incident, which showed that US Democratic Senator Wyden claimed that the US Internal Revenue Service had
-
What is Digital Collectibles (What is Digital Collectibles Trading)
What are digital collectibles? What exactly are digital collectibles? Today, let
-
AT&T wins legal case against crypto investor Michael Terpin
According to reports, the judge has ruled in AT&T\’s favor, rejecting the damages claim made by crypto investor Michael Terpin against the company. It is reported that Michael Terpi
-
Cubist Receives $7 Million in Seed Round Financing for Web3 Development Tool
It is reported that Cubist, a Web3 development tool provider, obtained US $7 million in the seed round financing led by Polychain Capital, and Dao5, Polygon, A…
-
The Mystery Box: Lido and OKX Partnership Speculations
On April 14th, Lido\’s official Twitter released a \”Mysterious Box\” with its logo, and @ OKX\’s official Twitter asked \”What\’s in the box?\” OKX\’s official Twitter immediately forward
-
Massive Coin An Withdrawals Recorded in the Past Hour
It is reported that according to the monitoring of 0xScope Protocol, in the past hour, the withdrawal of Coin An exceeded US $500 million, about US $439 millio…
-
The EU to Implement World’s First Major AI Legislation: Margrethe Vestager
According to reports, Margrethe Vestager, the Executive Vice Chairman of the European Commission and Head of Anti Monopoly Affairs, known as the \”EU Digital Tsar\”, stated on April
-
Space ID Records Over 1 Million Domain Name Registrations
On April 19th, as of 21:00 Beijing time on April 19th, the total registration volume of. bnb and. arb domains under the decentralized domain name platform SPACE ID has exceeded 1 m
-
Thai Cabinet Approves Tax Exemption for Digital Investment Tokens
According to reports, Thai Finance Minister Rachada Dhnadirek said that the Thai Cabinet had approved the exemption of corporate income tax and value-added tax…