Fintech PR
European Union-Latin America and Caribbean partnership Key to Solving Regional and Global Challenges, Says IDB President
BRUSSELS, July 19, 2023 /PRNewswire/ — The European Union’s new investment strategy can strengthen the role of Latin America and the Caribbean as a key part of the solution to regional and global challenges, including climate change, biodiversity and food insecurity, IDB President Ilan Goldfajn said at a historic summit between the two regions, which brought together governments from the European Union and the Community of Latin America and Caribbean States for the first time in eight years.
The “New Agenda to strengthen the EU’s partnership with Latin America and the Caribbean,” lays out Europe’s goals for reinvigorating political and economic ties. The Agenda includes boosting investment though the EU’s Global Gateway program to narrow the existing gaps.
“Latin America is now perfectly positioned to be part of the solution to the world’s biggest challenges, including climate change, food insecurity and biodiversity protection. By working closer together, the public and private sectors of Europe and of our region can make this opportunity a reality,” President Goldfajn said.
Latin America is key to the clean energy transition. 30% of LAC’s total energy supply is from renewable sources – double the world average – and if properly harnessed, this number could grow exponentially. It is home to two-thirds of the world’s lithium and 38% of its copper, both of which are critical to producing clean energy and electric vehicles, including those manufactured by European automakers. The region is also the world’s top net-exporter of food but could produce eight times more food with right reforms and investment, alleviating food insecurity.
In addition, the region is home to 40% of the world’s biodiversity. The Amazon alone absorbs a quarter of the world’s carbon emissions, so protecting it is key to achieving global climate goals. For this reason, the IDB is launching the holistic umbrella program Amazonía Forever.
Europe’s new agenda comes as foreign direct investment in Latin America and the Caribbean is rising. Last year, it hit a record $225 billion, according to a new report from the United Nations. Europe’s own direct investment in the region now surpasses its direct investment in India, China and Japan combined.
“This investment benefits not only Latin America and the Caribbean, but also the European Union, at a time of many shared priorities. The IDB has been the partner of choice of Europe and European companies to scale financing and maximize impact, including through our new and innovative financial tools,” said President Goldfajn.
To promote closer ties and investment in the region, the IDB co-organized a Business Roundtable at the summit, attended by private and public-sector leaders from both sides of the Atlantic, including European Commission President Ursula von der Leyen, Spanish President Pedro Sánchez, Brazilian President Luiz Inácio Lula da Silva and CAF Executive President Sergio Díaz-Granados.
While in Brussels, the IDB delegation met with leaders from across Latin America and the Caribbean and Europe, including from key private-sector companies such as Nokia and Siemens. President Goldfajn also met with heads of state from the region and with European Union High Representative for Foreign Affairs and Security Policy and Vice President of the European Commission Josep Borrell, who has been promoting stronger, more strategic ties between the two regions. He also met with Jutta Urpilainen, the European Commissioner for International Partnerships.
Thirteen European Union countries have been members of the IDB for almost half a century. They have partnered with the Bank on a vast array of projects, ranging from digitalization to climate adaptation and mitigation, gender equality, water and sanitation, infrastructure, community development and trade, all aimed at promoting sustainable development.
Over the past decade, the IDB and the EU have collaborated on regional policy dialogues, co-financed projects, and implemented 49 joint initiatives.
The collaboration includes examples such as Spain’s contribution to a water and sanitation fund that has directly benefited over 3 million people. The IDB has also partnered with the French Development Agency to jointly finance $6.3 billion in social, climate, infrastructure and digitalization projects. And Germany helped the IDB launch the Green Bond Transparency Platform, which now covers well over three-fourths of the region’s green bond issuances.
Over the past year alone, the European Commission has allocated $35.5 million in grants for IDB projects, from health to trade. European countries are also key contributors to the IDB’s new Amazonia Forever program, which will protect this extraordinary natural space and facilitate investment in sustainable development.
About the IDB Group
The IDB Group is the leading source of development financing for Latin America and the Caribbean. It helps to improve lives by providing financial solutions and development expertise to public- and private-sector clients. The Group comprises the IDB, which has worked with governments for more than 60 years; IDB Invest, which serves the private sector; and IDB Lab, which tests innovative ways to enable more inclusive growth. Take our virtual tour.
Contact: David Roman, [email protected], +34695594646
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Welcome to Blocks & Headlines, your comprehensive daily briefing on the transformative world of blockchain. Today, we explore groundbreaking partnerships, economic innovations, and blockchain-powered initiatives redefining the future.
Sony Ventures Into Blockchain With New Identity Solutions
Sony has unveiled its latest blockchain-based digital identity solution designed to enhance privacy and security in the online space. This innovative system uses decentralized technology to manage digital credentials, making identity verification seamless and secure.
Sony’s venture reflects a broader trend among tech giants exploring blockchain’s potential to reshape data privacy and authentication systems.
Source: Sony Press Release
TRON’s Daily Revenue Skyrockets 119% in 2024
TRON has reported a staggering 119% increase in daily revenue, a testament to its innovative blockchain economic models. By leveraging smart contracts and a scalable infrastructure, TRON continues to attract developers and businesses seeking cost-efficient blockchain solutions.
This growth positions TRON as a leading player in the competitive blockchain ecosystem, setting benchmarks for others to follow.
Source: Bitcoin.com
MIGMIG Partners With XT.com to Bring Blockchain Rewards
MIGMIG, a blockchain gaming and rewards platform, has partnered with XT.com to expand its reach and user engagement. This collaboration aims to deliver unique blockchain-powered rewards while enhancing the gaming experience for users worldwide.
The partnership highlights the increasing intersection of blockchain technology and entertainment, opening new avenues for user interaction.
Source: Bitcoinist
Nano Labs Supports the Inaugural Presidential Crypto Ball
Nano Labs has announced a partnership with the Inaugural Presidential Crypto Ball, emphasizing its commitment to fostering blockchain awareness. This high-profile event aims to bridge the gap between blockchain innovators and policymakers, paving the way for broader adoption.
The initiative underscores the importance of collaboration between the blockchain community and governmental bodies to shape the future of digital assets.
Source: PR Newswire
Bybit Card Partners With EnTravel for Luxury Travel Perks
Bybit has teamed up with EnTravel to offer its cardholders exclusive discounts on luxury travel experiences. This partnership integrates blockchain-powered payment solutions with high-end travel services, providing users with unparalleled convenience and value.
The move exemplifies how blockchain technology can enhance traditional industries, offering innovative solutions tailored to modern consumer needs.
Source: PR Newswire
Key Insights and Industry Trends
- Decentralized Identity: Sony’s blockchain-based solution addresses growing concerns over online security and privacy.
- Economic Innovations: TRON’s revenue surge highlights the profitability of scalable blockchain networks.
- Gaming and Blockchain: Partnerships like MIGMIG and XT.com showcase the potential of blockchain in entertainment.
- Policy and Collaboration: Nano Labs’ involvement in the Crypto Ball underscores the importance of industry-government dialogue.
- Luxury Integration: Bybit and EnTravel demonstrate blockchain’s ability to enhance traditional services.
The post Blocks & Headlines: Today in Blockchain ( appeared first on News, Events, Advertising Options.
While Others Decline, the UNBrokerage is Again Named to Entrepreneur’s Prestigious Franchise 500(R) List For its Explosive Growth and Viability
LAGUNA NIGUEL, Calif., Jan. 14, 2025 /PRNewswire/ — Realty ONE Group, a modern, purpose-driven lifestyle brand and ONE of the fastest-growing franchisors in the world, is the No. 1 real estate brand for the fourth year in a row on Entrepreneur’s highly-competitive 2025 Franchise 500® list, just as the global franchisor celebrates its 20th anniversary this year.
This is the ninth year that Realty ONE Group has made the list, continuing to climb the rankings every year, with its closest real estate competitor now nearly 20 positions behind.
“Claiming the No. ONE spot on this widely-esteemed list, for the fourth consecutive year, further fuels the momentum we’re bringing into 2025 and our 20th anniversary,” said Kuba Jewgieniew, CEO and Founder of Realty ONE Group. “And every year, as a result of testimonials like this and from our own raving fans around the world, real estate professionals and entrepreneurs come to us looking to share in the success and be a part of something special and UNique in this industry.”
Entrepreneur named Realty ONE Group International to the list for its network growth, financial strength, and brand power and said in a press release that… “The Franchise 500 is more than a list. It’s really a collection of life-changing opportunities, featuring strong and resilient brands that future franchisees will be proud to be a part of.”
The lifestyle brand continues to evolve all aspects of its full-service offerings, including its proprietary technology zONE, business coaching platforms, ONE University and all aspects of its 6C’s. The UNBrokerage as it is known in the industry has more than 20,000 real estate professionals in more than 450 offices in 49 states, Washington D.C., and 24 more countries, recently expanding into Bonaire and Curacao.
Learn more at www.OwnAOne.com.
About Realty ONE Group International
Realty ONE Group International is one of the fastest growing, modern, purpose-driven lifestyle brands in real estate whose ONE Purpose is to open doors across the globe – ONE home, ONE dream, ONE life at a time. The organization has rapidly grown to more than 20,000 real estate professionals in over 450 locations across 24 countries and territories because of its proven business model, full-service brokerages, dynamic COOLTURE, superior business coaching through ONE University, outstanding support and its proprietary technology, zONE. Realty ONE Group International has been named the number ONE real estate brand by Entrepreneur Magazine for three consecutive years and continues to surge ahead, opening doors, not only for its clients but for real estate professionals and franchise owners. To learn more, visit www.RealtyONEGroup.com.
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View original content:https://www.prnewswire.co.uk/news-releases/realty-one-group-is-the-no-1-real-estate-brand-for-the-fourth-year-in-a-row-302350877.html
Fintech
Fintech Pulse: Your Daily Industry Brief (Float Financial, Alza Fintech, Thrive Capital, Stripe, Unzer, Agora Data)
Welcome to Fintech Pulse, your comprehensive daily update on the latest in financial technology. Today’s edition dives into funding rounds, leadership changes, and the evolving landscape of decentralized finance (DeFi) and fintech innovation.
Float Financial Secures $48.5 Million Series B Funding
Float Financial, a fintech startup positioned as the “Brex of Canada,” has successfully raised $48.5 million in a Series B funding round. The company aims to revolutionize financial services for small and medium-sized businesses (SMBs) across Canada, providing corporate cards and spend management solutions.
The funding will be used to expand its product offerings, invest in technology, and scale operations. With a growing demand for SMB-centric financial tools, Float is poised to challenge traditional banking systems and redefine how Canadian businesses manage their finances.
Source: TechCrunch
Alza Fintech Shuts Down Amid Industry Challenges
Alza Fintech, a promising startup backed by Thrive Capital and Stripe, has announced its closure. Known for its focus on financial inclusion for Latino communities, the company cited difficulties in scaling its operations and meeting market expectations.
This development reflects the broader challenges faced by niche fintech players in a competitive landscape. It also underscores the importance of sustainable growth strategies and robust operational frameworks in the fintech sector.
Source: Fortune
The Next Phase of DeFi: Fintechs and Exchanges Take the Lead
The decentralized finance (DeFi) space is entering a new phase, with fintech companies and exchanges taking a more active role in its evolution. Industry leaders are integrating DeFi functionalities into their platforms, making decentralized financial tools more accessible to mainstream users.
This trend highlights a shift towards a hybrid model, combining traditional financial services with decentralized technologies. Experts believe this approach could bridge the gap between conventional finance and the blockchain ecosystem, driving broader adoption of DeFi solutions.
Source: Fortune Crypto
Leadership Update: Goetz Moeller Joins Unzer as CFO
German paytech Unzer has appointed Goetz Moeller as its new Chief Financial Officer (CFO). Moeller brings extensive experience in financial management and strategic planning, having held leadership roles in prominent European financial institutions.
Unzer’s decision to strengthen its leadership team comes as the company focuses on expanding its presence in the European payments market. Moeller’s expertise is expected to drive financial discipline and support Unzer’s ambitious growth plans.
Source: Fintech Futures
Agora Data Welcomes Jeremy Beck as VP of Sales Strategy
Agora Data has named Jeremy Beck as its Vice President of Sales Strategy. With a rich background in the auto industry, Beck is set to lead Agora’s efforts to enhance its data-driven financial solutions for auto dealerships.
This strategic hire aligns with Agora’s vision to leverage big data and AI to transform auto financing. Beck’s industry expertise will play a crucial role in strengthening client relationships and driving innovation in the auto finance sector.
Source: PR Newswire
Industry Trends and Analysis
The fintech sector continues to witness rapid advancements and dynamic shifts. Key trends to watch include:
- DeFi Mainstreaming: Increased integration of decentralized finance tools into traditional platforms.
- Leadership Transitions: Strategic hires to navigate growth and market complexities.
- Niche Challenges: Survival strategies for fintechs targeting specific demographics.
- Tech-Driven Solutions: Growing emphasis on AI and big data in financial services.
- Market Expansion: Scaling operations to address regional and global opportunities.
The post Fintech Pulse: Your Daily Industry Brief (Float Financial, Alza Fintech, Thrive Capital, Stripe, Unzer, Agora Data) appeared first on News, Events, Advertising Options.
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