Partior, a blockchain-based payment network, has successfully closed the first phase of its $60 million Series B funding round. The round was led by Peak XV Partners, previously known as Sequoia Capital India & SEA, with participation from Valor Capital Group and Jump Trading Group. This follows the company’s earlier $31 million raise, as reported […]
Former BigPay, Monzo, and VP Bank executives launch Pave Bank, poised to revolutionize banking with a focus on programmable money. Pave Bank, the world’s first programmable bank, has officially launched, aiming to reshape the global financial landscape with a seamless fusion of traditional finance and digital assets. The bank, founded by former executives from BigPay, […]
JPMorgan Chase takes progressive steps in the business-to-business (B2B) payment landscape by leveraging blockchain technology for its B2B clients. The financial giant, through its digital asset and blockchain unit, Onyx, launched programmable payments. This innovative feature is tailored for blockchain-based accounts using the JPM Coin digital currency system. Programmable payments, driven by smart contracts and […]