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Summary
location iconAuckland, New Zealand
company sizeCompany size: 11-50

Acala develops a decentralized finance (DeFi), Ethereum-compatible platform that offers a suite of finanical applications to use smart contracts or built-in protocols with out-of-the-box cross-chain capabilities.

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Digital Services
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Acala - Recent News & Articles

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16 Feb, 2024
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Hindenburg’s latest short target Temenos rejects allegations as share price tumbles

Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...

Source: CNBC
23 Jan, 2024
Brex axes 20% of staff

Corporate spend management giant Brex has laid off 282 people (20% of its workforce) and revealed that its COO and CTO are leaving their roles.In a me...

Source: Finextra
31 Jul, 2023
Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

A TD Cowen analyst views MicroStrategy as “an attractive vehicle for investors looking to gain bitcoin exposure." TD Cowen analyst Lance Vitanza, who ...

Source: Coindesk
28 Jun, 2023
Fidelity preparing to submit spot bitcoin ETF filing: Source

Asset management giant Fidelity is close to submitting its own filing for a spot bitcoin exchange-traded fund, joining a long list of issuers keen to ...

27 Jun, 2023
Sendwave launches bank account for migrants

Remittance outfit Sendwave has launched a banking product for migrants in the United States. Sendwave, which is owned by London-based fintech Zepz, is...

Source: Finextra
17 Apr, 2023
Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

U.S.-based savings and investing startup Acorns has acquired London-based GoHenry, a startup focused on providing money management and financial educa...

Source: TechCrunch
17 Apr, 2023
Factris lands €50 million funding line from Aegon Asset Management

Factris, an Amsterdam-based tech-power financing solution for SMEs, has received further momentum thanks to a €50 million funding line from global inv...

Source: Finextra
27 Mar, 2023
eToro raises $250 million at $3.5 billion valuation

eToro recently completed a $250 million funding round at a valuation of $3.5 billion. Investors include ION Group, SoftBank Vision Fund 2, Velvet Sea ...

Source: Finextra
15 Mar, 2023
Half of all fintech firms introduce hiring freeze

Half of all fintech firms have put a stop to hiring staff in 2023 because of the challenging economic climate, according to a major new report. During...

Source: SME Web
3 Mar, 2023
Bitcoin, ether slide on Friday as investors weigh potential fallout from Silvergate woes

Cryptocurrency prices fell on Friday as investors weighed the latest financial woes at Silvergate Capital and assessed what a potential bankruptcy at ...

Source: CNBC