Fintech
Lexaria Is Expanding CBD Use Beyond Medical Applications into $2.65 Billion Marketplace
New York, New York–(Newsfile Corp. – April 8, 2021) – PCG Digital — The team at Lexaria Bioscience (NASDAQ: LEXX), a leader in cannabinoid research, has been thinking outside the box. Utilizing DehydraTECHTM, their proprietary drug delivery technology, they are showing that its benefits can enrich more than just CBD medical applications.
Though they are currently executing groundbreaking work in anti-hypertension solutions, Lexaria received their first patent in 2016 for CBD-infused beverages and consumable liquids. That was years before big cannabis companies entered the space.
DehydraTECHTM was developed to facilitate the delivery of fat-soluble molecules through the human gastrointestinal system. Extensive testing has shown that it reduces the time for CBD to enter the bloodstream, increases absorption rate, and improves taste and smell.
This revolutionary technology is currently being tested in a number of medical applications, including anti-hypertensive drugs and Covid-19 vaccine and treatment options.
Test Results Show Lasting CBD Potency in Nic’s Cold Brew
On March 24th, Lexaria released a progress report on a long-term stability study they’ve been conducting on DehydraTECH-powered, CBD-infused beverages at Nic’s Beverages, owners of Nic’s Cold Brew. The study showed a potency rate of 93.4% after one year, much higher than many competitors.
The testing also showed no microbial growth and complete uniformity. The latter is important because most CBD-based beverages need to be shaken prior to use. That’s not the case with the advanced nano-emulsion DehydraTECHTM beverages.
John Goodpasture, CEO of Nic’s, has described the flavor and aroma experience as “exceptional.” The study will continue until the formulation is no longer stable. Most beverages have a “time decay” of some kind, but to date the Lexaria-powered products at Nic’s have yet to reach it.
Nic’s Beverages is an Arkansas-based family-owned company with a goal to deliver high-quality CBD-infused coffee that tastes great and doesn’t leave you jittery after you drink it. Their CBD is sourced from 100% American home-grown hemp.
Amari’s “Everyday Calm” Makes Top Picks List with DehydraTECHTM
Adding to an already successful start to 2021, Amari Corp, a corporate client of Lexaria, was awarded a “Top Product Pick” award by New Hope Network Media for their “Everyday Calm” CBD product that was developed with DehydraTECHTM technology.
“Amari went through an extensive selection process for our CBD technology supplier,” reported Eric Gricus, CEO and Founder of Amari. “Lexaria exceeded our expectations for product quality, service and pricing. We are thrilled to have their R&D team working with Amari.”
Everyday Calm is a blend of amla, passionflower and lemon balm mixed with a proprietary blend of ashwagandha, turmeric, black pepper and CBD. The product is designed with the goal of relieving stress and mild anxiety. It’s classified as a “mood enhancer.”
New Hope Network Media is a natural products marketplace that businesses can use to identify the people, products, partnerships and trends that create opportunities to grow businesses and bring more health to people. Its mission is to grow healthy markets.
Diversity at Lexaria is Creating Positive Cashflow
The CBD processing division at Lexaria is about 800% busier this year than a year ago and generating positive cash flows from operations. In addition to the CBD-infused beverage space, the company is crushing it in the medical sector, particular with anti-hypertensive development.
Human clinical trials in 2018 showed that a 90mg dose of DehydraTECHTM CBD lowers blood pressure by as much as 5%. That same 2020 study also showed higher blood flow to the brain and faster delivery of CBD into the bloodstream.
Lexaria is already generating profits on CBD-infused beverages and edibles, a market that Statista estimated will be worth $2.65 billion by 2025. That gives them a solid baseline as they prepare to enter the anti-hypertensive drug market, which is worth roughly $30 billion.
In addition to all of this, Lexaria is also conducting studies on human cell cultures exposed to SARS-CoV-2 virus that are then treated with DehydraTECHTM processed drugs. The objective is to find a faster, more potent way of delivering life-saving treatments for Covid.
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As we close out 2024, the fintech industry continues to deliver headlines that underscore its dynamism and innovation. From IPO aspirations to groundbreaking regulatory milestones, today’s updates highlight the transformative power of fintech partnerships, regulatory evolution, and disruptive technologies. Here’s what you need to know.
Chime’s Quiet Step Toward Public Markets
Chime, the U.S.-based financial technology startup best known for its digital banking services, has taken a significant step by filing confidential paperwork for an initial public offering (IPO). As one of the most valuable private fintechs in the U.S., Chime’s move could potentially signal a renewed appetite for fintech IPOs in a market that has been cautious following fluctuating valuations across the tech sector.
With a valuation that reportedly exceeded $25 billion in its last funding round, Chime’s IPO could set a new benchmark for the industry. Observers note that its strong customer base and revenue growth may make it an appealing choice for investors seeking to capitalize on the digital banking boom. However, the timing and success of the IPO will depend on broader market conditions and the regulatory landscape.
Source: Bloomberg
ZBD’s Pioneering Achievement: EU MiCA License Approval
ZBD, a fintech company specializing in Bitcoin Lightning network solutions, has made history by becoming the first to secure an EU MiCA (Markets in Crypto-Assets Regulation) license. This landmark approval by the Dutch regulator positions ZBD at the forefront of compliant crypto-fintech operations in Europe.
MiCA, which aims to harmonize the regulatory framework for crypto-assets across the EU, has been a focal point for industry players aiming to establish legitimacy and expand their offerings. ZBD’s achievement not only validates its operational rigor but also sets a precedent for other fintech firms navigating the evolving regulatory landscape.
Industry insiders view this as a strategic advantage for ZBD as it broadens its footprint in Europe. By leveraging its regulatory approval, the company can accelerate its product deployment and establish trust with institutional and retail users alike.
Source: Coindesk, PR Newswire
The Fintech-Credit Union Synergy: A Blueprint for Innovation
The convergence of fintechs and credit unions continues to reshape the financial services ecosystem. Collaborative initiatives, such as the one highlighted in the recent partnership between fintech innovators and credit unions, are proving to be a potent force in delivering tailored financial solutions.
This “dream team” approach allows credit unions to leverage fintech’s technological expertise while maintaining their community-focused ethos. Key areas of collaboration include digital payments, personalized financial management tools, and enhanced loan processing capabilities. These partnerships not only enhance member engagement but also enable credit unions to remain competitive in an increasingly digital-first financial environment.
Industry analysts emphasize that such collaborations underscore a broader trend of traditional financial institutions embracing fintech-driven solutions to bridge service gaps and foster innovation.
Source: PYMNTS
Tackling Student Loan Debt: A Fintech’s Mission
Student loan debt remains a pressing issue for millions of Americans, and a Rochester-based fintech aims to offer relief through its cloud-based platform. This innovative solution is designed to simplify loan management and provide borrowers with actionable insights to reduce their debt burden.
The platform’s features include repayment optimization tools, personalized financial education, and seamless integration with loan servicers. By addressing the complexities of student loan management, this fintech is empowering borrowers to make informed decisions and achieve financial stability.
As the student loan crisis continues to evolve, solutions like this highlight the critical role fintech can play in addressing systemic financial challenges while fostering financial literacy and inclusion.
Source: RBJ
Industry Implications and Takeaways
Today’s updates underscore several key themes shaping the fintech landscape:
- Regulatory Milestones: ZBD’s MiCA license approval exemplifies the importance of regulatory compliance in unlocking growth opportunities.
- Strategic Partnerships: The collaboration between fintechs and credit unions demonstrates the value of combining technological innovation with traditional financial models to drive customer-centric solutions.
- Market Opportunities: Chime’s IPO move reflects a potential revival in fintech public offerings, signaling confidence in the sector’s long-term prospects.
- Social Impact: Fintech’s ability to tackle systemic issues, such as student loan debt, showcases its role as a force for positive change.
The post Fintech Pulse: Your Daily Industry Brief (Chime, ZBD, MiCA) appeared first on News, Events, Advertising Options.
Leading global payments platform SPAYZ.io has confirmed it will be attending iFX EXPO Dubai 2025 on 14 to 16 January. Exhibiting at Stand 64 at Trade Centre Dubai, SPAYZ.io’s team of professionals will be on hand providing live demonstrations of its renowned payment services for payment providers. Attendees will also receive exclusive insight into SPAYZ.io’s plans for 2025 alongside early early access to its upcoming plans for the new year.
SPAYZ.io delivers a host of payment solutions that leverage the latest technological innovations and open access to the fastest growing emerging markets across Africa, Europe and Asia. Over the past year, there has been huge demand for its Open Banking and local payment method services, alongside bank transfers, mass payouts, online banking and e-wallets.
Yana Thakurta, Head of Business Development at SPAYZ.io commented: “We look forward to once again participating at iFX Dubai to expand our network of partners and clients. It’s a fantastic way to kick off the year, connecting with thousands of industry leaders from FOREX platforms to trading companies, and everything in between.
“Our key goal for iFX Dubai EXPO 2025 is to expand our portfolio of solutions and geographies. We’re using this as an opportunity to partner with like-minded entities who share our ambition to provide payment solutions that are truly global.”
Come meet SPAYZ.io’s team at the Trade Centre Dubai at Stand 64. You can also book a meeting slot with a member of a team.
The post SPAYZ.io prepares for iFX EXPO Dubai 2025 appeared first on News, Events, Advertising Options.
Airtm, the most connected digital dollar account in the world, is proud to announce the addition of two distinguished industry leaders to its Board of Directors: Rafael de la Vega, Global SVP of Partnerships at Auctane, and Shivani Siroya, CEO & Founder of Tala. These appointments reflect Airtm’s commitment to innovation and financial inclusion as the company enters its next phase of growth.
“We are thrilled to welcome Rafael and Shivani to Airtm’s Board of Directors,” said Ruben Galindo Steckel, Co-founder and CEO of Airtm. “Their unique perspectives and proven track records will be invaluable as we continue scaling our platform to empower individuals and businesses in emerging markets. Together, we’ll push the boundaries of financial inclusion and innovation to create a more connected and equitable global economy. Rafael and Shivani bring a wealth of experience and strategic insight that will strengthen Airtm’s mission to connect emerging economies with the global market.”
Rafael de la Vega, a seasoned leader in fintech global partnerships and technology innovation, is currently the Global SVP of Partnerships at Auctane. With a proven track record of delivering scalable, impactful solutions at the intersection of fintech, innovation, and commerce, Rafael’s expertise will be pivotal as Airtm continues to grow. “Airtm has built a platform that breaks down barriers and opens up opportunities for people in emerging economies to connect to global markets. I am excited to contribute to its growth and help further its mission of fostering financial inclusion on a global scale,” said Rafael.
Shivani Siroya, CEO and Founder of Tala, is a pioneer in financial technology, renowned for empowering underserved communities through access to credit and essential financial tools. Her leadership in leveraging data-driven innovation aligns seamlessly with Airtm’s vision of creating more equitable financial opportunities. “Empowering underserved communities has always been at the core of my work, and Airtm’s mission resonates deeply with me. I’m thrilled to join the Board and work alongside such a dynamic team to expand access to financial tools that truly make a difference in people’s lives,” said Shivani.
The post Airtm Enhances Its Board of Directors with Two Strategic Appointments appeared first on News, Events, Advertising Options.
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