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Month: March 2019

Facebook opens a lab to support startups in Chile

Facebook announced on Thursday the opening of Innovation Lab Santiago, a space within the Chile Co-Work Start-Up where it will offer training and mentoring for 600 entrepreneurs. The program developed with Start-Up Chile includes free advice and training for developers and startups, as well as technical support to integrate products…

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How new fintechs and startups can be beneficial to other businesses

More and more wealth managers are using new technologies to streamline their operations and increase customer satisfaction. Among the technologies that are being implemented include the automation of robotic processes (RPA), chatbots, machine learning, APIs and artificial intelligence applications. In the comprehensive The Digital Evolution of Wealth Management report, Business Insider…

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This new startup produces “CO2-negative” fuel in Austria

The Stockholm startup NextFuel wants to replace fossil fuels with its “CO2-negative” elephant grass pellets. The first factory is located north of Graz. In the background is a cooperation with the Andritz Group. If the details of the Stockholm startup NextFuel are correct, it has discovered something like the Philosopher’s…

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A food startup company is taking over Europe

Food and Agro startups now have a voice in the market in Germany, Austria, Switzerland and Liechtenstein (DACHLI) With the establishment of the crowdfoods – Food Entrepreneur & Startup Association, a transnational association for the approximately 3,000 food startups in Germany, Austria, Switzerland and Liechtenstein (DACHLI) is created for the…

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Sleep-aid startup receives a huge investment

The sleepwear manufacturer Smartsleep has completed a seven-figure round of financing. The money comes from Media Ventures, the investment company of the Cologne publishing house Ströer, and is provided to the company based in Eckrath near Dusseldorf as an advertising budget. Ströer gets in return shares in Smartsleep. How many,…

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The Standard Bank of South Africa is launching a blockchain with permission for foreign exchange services

South Africa’s Standard Bank will soon launch its private blockchain with permission for foreign exchange operations on behalf of corporate clients, reports FinExtra, the Fintech news outlet, on Thursday, February 28. The platform, which is ready to start operating in the second half of 2019, is based on Hyperledger Fabric,…

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Fintech startup will launch crypto operations through a partnership with Coinbase

The Ripple XRP token is bearing good news while it is still fresh from being listed on the Coinbase Pro. The good news is SBI, which is a backer of Ripple, is planning on having many banks within the Japan market to use the MoneyTap option. The MoneyTap is a…

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Is the fintech NDGIT really as great as it sounds?

The not-so-well-known Munich-based startup NDGIT yesterday cut out one of these “That can be said by anyone” press releases, which in fintech-typical modesty means that in 2018 “with strong growth and broad internationalization, they have come to the top European B2B Fintechs “, gained more than 20 banks as customers,…

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