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Billon Gains Acceptance to Fintech71 Start-up Accelerator
Billon Group announces it has been accepted into the non-profit Fintech accelerator Fintech71 based in the USA. It is one of ten start-ups selected and one of the few distributed ledger technology companies with proven and live products.
Billon created a breakthrough DLT payment technology for banks, corporates, merchants and individuals that want to settle information and everyday (not crypto) currency instantly and on mobile devices. Billon currently operates in Europe, in both Poland in partnership with banks, and in the UK, where it is an FCA registered e-money institution. Billon currently supports PLN, EUR, and GBP payments.
Fintech71 provides an opportunity for Billon to explore dollar (USD) operations in conjunction with banking and regulated partners of Fintech71. Billon’s platform integrates with existing banking systems and is regulatory-compliant, so it can provide USD operations and low-cost solutions.
David Putts, Chairman and Managing Director of Expansion, adds: In the US, the fight to eliminate cash and checks continues, but with Billon’s breakthrough banking technology, new digital payment capability can be deployed at a price point where even the smallest transaction can be digitized and made profitable. Fintech71 is the perfect partner to help us raise the visibility of our solution.
Andrzej Horoszczak, Founder & CEO, adds: With clean APIs, a bank can connect Billon’s solution in a matter of days, and begin using our existing Corporate Pay out and eCommerce solutions. And as in Poland and the UK, Billon can integrate with ATM’s and store networks to facilitate the conversion of cash to digital, encrypted format.
In addition to financial investment, Billon will receive technical advisory support from Accenture and access to C-level decision-makers from a wide variety of established blue-chip firms that will provide mentorship to the company.
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SUNRATE Secures Bank Negara Malaysia Licence, Enabling Full-Scale Operations in Malaysia
SUNRATE, the global payment and treasury management platform, announced that it has been granted a Class B licence under the Money Services Business Act 2011 by Bank Negara Malaysia, marking a significant milestone in the company’s continued expansion.
NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA
NUVA Digital, the software development company behind the RWA marketplace NUVA, today announced the successful closing of a US$5.2 million fundraising seed round led by Morgan Creek Digital. NUVA is the non-custodial, unified distribution layer for high-quality real-world asset (RWA) vaults. It offers users one-click access, enabling them to deposit stablecoins to mint liquid, composable tokens that deliver yield. NUVA ensures transparency and seamless DeFi composability with on-chain proof of reserves, without requiring minimum deposit requirements or lockups.
COINPAYMENTS and duPont REGISTRY Group Announce Alliance to Power Digital Payment Infrastructure
COINPAYMENTS, a leading global digital payments infrastructure provider, has announced a landmark alliance with duPont REGISTRY Group, the world’s premier, high-tech luxury automotive ecosystem, to power digital payment capabilities within its next-generation duPont REGISTRY digital marketplace.
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Atos Selected by LCH SA to Migrate its Financial Information Systems to the Cloud
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