15 December 2023

Hivello Raises USD$1mn in Pre-Seed Funding

Written By FinTech Alliance in Blockchain

Hivello Raises USD$1mn in Pre-Seed Funding

Hivello, Netherlands and London, UK-based company advancing the field of decentralised physical infrastructure networks.

In brief:

- This strategic investment is bolstered by the backing of industry visionaries such as NGC, Blockchain Founders Fund, Side Door Ventures, etc.

- Heading Hivello are Domenic Carosa and Andrew Smith, co-founders of Banxa Holdings Inc. a regulated payment entity listed on the Toronto Stock Exchange known.

- Hivello gears up for its technological unveiling this Christmas, over the coming 12 months it's anticipated to mark a significant leap in the availability of decentralised services.

What does that mean?

Domenic Carosa, Chairman and Co-Founder of Hivello, shares: "This is a pivotal step forward. At Hivello, we're committed to reshaping infrastructure by making decentralised systems universally accessible. Our deep roots in the blockchain payment sector through Banxa give us the unique ability to understand and innovate in the DePIN space. With the unwavering support of our investors, we're poised to address the burgeoning needs of blockchain-based applications with robust, democratised infrastructure."

Read more here.

Up Next ...
21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

21 November 2024

Machine Learning: Revolutionizing Fraud Detection in Banking

These technologies enable financial institutions to analyze vast amounts of transaction data in real-time, identify suspicious activities, and minimize false positives...

21 November 2024

MeaWallet Partners with Integrated Finance to Enhance Digital Wallet and Secure Card Data Access for Fintechs

The collaboration is set to strengthen digital wallet payments and secure card data access capabilities for fintechs

20 November 2024

Atome Financial Secures $200M Credit Facility to Drive Growth

Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers...

More in Blockchain

Ripple plans stablecoin

05 April 2024

Crypto and blockchain giant Ripple is launching its own dollar-pegged ...

Posted By The Community

Webcast Replay | Digital Asset Risk, Insurance, and the Year Ahead

25 March 2024

The global regulatory clarity that digital asset companies have long sought is slowly but steadily m...

Written By: Lockton

BlackRock's $10trn Tokenisation Vision

22 March 2024

BlackRock, the world's largest asset manager, has taken its first ...

Zone raises $8.5mn in Seed Funding

19 March 2024

Scaling its decentralised payment infrastructure. In brief:- Africa’s fast-growing payment infrastructure ...

White Papers Blockchain

Fuel the rise of NFT economy

06 September 2022

Non-fungible tokens or NFTs are cryptographic assets on blockchain with unique identification codes...

White Papers Blockchain

The Blockchain Job Report 2022

26 July 2022

Blockchain as an industry has grown exponentially in the past 2 years and has disrupted several indu...

White Papers Blockchain

PwC on: DeFi - Defining the future of finance

04 May 2022

Decentralised Finance (DeFi) has experienced tremendous growth since mid-2020. While it is still in....

White Papers Blockchain

Citi: Metaverse and Money - Decrypting the future

07 April 2022

The Metaverse as a concept has been around for a few decades. However, interest in the virtual world...

There are no Events in this category