(IN BRIEF) The European Investment Fund (EIF) has provided a RON 5 million (€1 million) subordinated loan to Romanian fintech Instant Factoring IFN, marking the first InvestEU funding for a Romanian fintech and factoring company. This loan will help Instant … Read the full press release
Posted in Banks, European Union, Financial, Luxembourg, Romania, Small Business
Tagged 2021-2027, Cristian Ionescu, digital financial solutions, economic growth, EIF, European Investment Fund, Instant Factoring IFN, InvestEU funding, Marjut Falkstedt, non-bank financial institution, operational capacity, Romania, Romanian fintech, RON 5 million, small businesses, subordinated loan, underbanked businesses, €1 million
(IN BRIEF) Deutsche Telekom MMS, a subsidiary of Deutsche Telekom, has become a validator on the MultiversX Network, enhancing security and efficiency for Web3 applications. MultiversX, known for its scalable blockchain architecture, has processed nearly 350 million transactions and has … Read the full press release
Posted in Business, Financial, Germany, Infrastructure & Utilities, Security & Safety, Technology, Telecom
Tagged Adaptive State Sharding, AI avatars, Beniamin Mincu, Blockchain, cryptocurrencies, DeFi, Deutsche Telekom, Deutsche Telekom MMS, digital financial solutions, Dirk Röder, metaverse, MultiversX Network, NFTs, shards, validator, WEB3, Web3 applications, xPortal App
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