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LBank Exchange Will List Dexioprotocol (DEXI) on November 27, 2021

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Internet City, Dubai–(Newsfile Corp. – November 25, 2021) – LBank Exchange, a global digital asset trading platform, will list Dexioprotocol (DEXI) token on November 27, 2021. For all users of LBank Exchange, the DEXI/USDT trading pair will be officially available for trading at 23:00 (UTC+8) on November 27, 2021.

Dexioprotocol is a project that aims to engage vastly more people in activities that encourage them to learn about cryptocurrencies. Its DEXI token will be listed on LBank Exchange at 23:00 (UTC+8) on November 27, 2021.

Figure 1: LBank Exchange Will List Dexioprotocol (DEXI) on November 27, 2021

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/105024_a4f1e1fb24646aac_002full.jpg

Introducing Dexioprotocol

Dexioprotocol’s vision is a world in which blockchain technology is mainstream and infinitely more people are connected by it. The team will advance this ambition by becoming the industry standard in Augmented Reality (AR) app development, revolutionizing blockchain-based gaming, launching the most user-friendly NFT platform on the planet, and developing its very own blockchain network and exchange, complete with an ultra-secure, incredibly sophisticated digital wallet and a state-of-the-art AR application.

There are multiple projects developed or planned for Dexioprotocol:

DEXI Wallet – The team has developed its very own state-of-the-art, ultra-secure digital wallet for both iOS and Android. DEXI Wallet users can store and swap their digital assets and get up-to-date market information customized to their particular goals.

Dexi Hunter App – An application that gives users access to a worldwide AR universe, which the team affectionately calls the Dexiverse. Within the Dexiverse there are AR bounties placed around the globe in the form of tokens, NFTs, and game coins. 

Gaming – Dexioprotocol is introducing several new gaming applications to build a modern, blockchain-based gaming ecosystem. It aims to connect the infinite possibilities of blockchain technology and smart contracts with the interactive and engaging mediums of role-playing and augmented reality gaming. Games like Legends of the Dexiverse, DEXI Hero are already in development.

DEXI NFTs and Marketplace – The team is developing a digital marketplace for its Dexi NFTs to be traded on and a basis for an entire independent economic ecosystem. Enthusiasts will be able to collect NFTs through direct purchase and in-game rewards.

SmartDexio Network – The team is in the process of building an entirely new network based on the proof-of-stake concept and will use a worldwide network of validators to process its transactions in the most cost-effective and energy-efficient way.

Tokenomics of DEXI

An initial burn of 25% of the total 500.00B available token supply was initiated at launch (a total of 125B), a 10.0B burn was completed in October, and another 77.5B tokens were essentially burned by the tokenomics or locked in irretrievable wallets forever. A significant portion of that fully liquidated available supply is locked in 30-day intervals in the DxSale wallet created at launch and the liquidity pool wallet at Pancake Swap.

The current tokenomics are 5% of every transaction which is rewarded to the holders. The burn function has been turned off for the time being which means that the code is not renounced and so can be adapted over time to meet new developing needs.

DEXI is not a mint-able token and the long-term goal is to turn the burn function back on to increase the value of the token over time. The team will adapt to the market and make changes as new opportunities develop. The DEXI token will be listed on LBank Exchange at 23:00 (UTC+8) on November 27, 2021, investors who are interested in Dexioprotocol investment can easily buy and sell DEXI token on LBank Exchange by then. 

Learn More about DEXI Token:

Official Website: https://dexioprotocol.com
Twitter: https://twitter.com/Dexioprotocol
Telegram: https://t.me/dexiochat

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.

Visit us on social media:

l Facebook
l Twitter
l LinkedIn

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105024

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Aurionpro Solutions acquires Arya.ai, to power next generation Enterprise AI platforms for Financial Institutions

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SINGAPORE, April 20, 2024 /PRNewswire/ — Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable.

 

 

Aurionpro Solutions Ltd. will acquire a majority stake (67%) in Arya.ai. This acquisition will bring products and expertise in Artificial Intelligence, Deep Learning, Intelligent Automation, PaaS, Autonomous AI Platforms, and more, to complement and strengthen Aurionpro’s industry leading portfolio.

The transaction comprises acquisition of shares held by the existing shareholders and subscription of new equity capital in the company. This will be an all-cash deal. The aggregate investment including  secondary acquisition and fund infusion is approximately 16.5 MN USD.

By integrating Arya.ai’s cutting-edge AI cloud platform, with Aurionpro’s comprehensive suite of offerings, the company will create an industry leading Enterprise AI platform focused on creating value for financial institutions globally. 

Commenting on the acquisition, Ashish Rai, CEO of Aurionpro Solutions, stated, “The acquisition of Arya.ai marries Aurionpro’s portfolio of industry leading enterprise software with one of the most mature Enterprise AI platforms focused on Banks and Insurers. We are incredibly excited about working with Arya.ai and our wider ecosystem partners to build out the leading Enterprise AI platform, for the financial industry worldwide.”

“Our decade long experience in building tools/platform for deep learning helped us to build a truly verticalized AI Operating System for Banking and Insurance.” Says Vinay Kumar CEO/Founder of Arya.ai. “Together with Aurionpro, we are going to build a new generation of Enterprise AI software for Banks and Insurers that truly embeds AI, augmenting a task or Autonomous Agents that can take over entire transactions”. 

Founded in 2013 by Vinay Kumar and Deekshith Marla, Arya.ai has been one of the first ‘AI’ startups to use Deep Learning and deploy in enterprises. Arya.ai’s BFSI PaaS offerings include Arya API with 80+ ML models, Libra for fine-tuning SOTA ML models, and AryaXAI for AI governance.

Photo – https://mma.prnewswire.com/media/2392705/Aurionpro_solutions.jpg
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Cision View original content:https://www.prnewswire.co.uk/news-releases/aurionpro-solutions-acquires-aryaai-to-power-next-generation-enterprise-ai-platforms-for-financial-institutions-302122674.html

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Credit card fintech Pliant lands €18m Series A extension led by PayPal Ventures

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Pliant, a Berlin-based B2B credit card fintech, has secured over €18 million in a Series A extension, pushing the total funding for this round beyond €50 million.

PayPal Ventures led the latest investment round, with participation from existing investors Alstin Capital, SBI Investment, and Motive Ventures.

Earlier this year, Pliant raised €28 million through its initial Series A funding round. With this new injection of capital, the company is set to expand its cards-as-a-service (CaaS) product into markets outside the European Union, with a focus on the UK.

To facilitate its expansion plans, Pliant has developed multi-currency capabilities, allowing it to offer services in 11 different currencies. This enhancement enables customers to receive invoices in the same currency used for the transaction, a feature particularly beneficial for businesses dealing with significant volumes in non-EUR currencies.

Pliant attributes this funding success to its strong performance in 2023, where it doubled its annual revenues.

Additionally, the fintech has broadened its reach by extending its Electronic Money Institution (EMI) license to cover 25 countries across the European Economic Area (EEA). This expansion allows Pliant to offer financial services beyond card issuance in the region.

Source: fintechfutures.com

The post Credit card fintech Pliant lands €18m Series A extension led by PayPal Ventures appeared first on HIPTHER Alerts.

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Latvian Fintech inGain Raises €650,000 for No-Code SaaS Loan Management System

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“inGain Raises €650,000 to Enhance No-Code SaaS Loan Management Solution”

Latvian fintech startup inGain has secured €650,000 in funding from investors including Trind VC, Fiedler Capital, the Latvian Business Angels network, and several individual business angels.

inGain specializes in providing a lending solution tailored for traditional and fintech lenders, SME lenders, crowdfunding platforms, and businesses outside the finance sector seeking to introduce and expand their lending and financial products.

Their no-code SaaS loan management system allows businesses to streamline operations without the need for extensive IT management. It caters to various loan types, including secured and unsecured installment and credit line loans, subscription services, rent-to-own options, and other fintech products. These services are accessible to consumers and businesses across different industries, both online and offline, with payment options available in cash or via transfer.

Armands Liseks, co-founder and CEO of inGain, shared an example of how their solution benefits businesses, citing a store chain in Switzerland that specializes in selling high-value musical instruments, particularly pianos. Liseks highlighted the flexibility of their platform, illustrating how businesses can offer leasing options to customers, providing them with greater choice and flexibility in payment methods.

With the newly acquired funds, inGain plans to finalize the development of a no-code self-service platform. This platform will empower any interested company to create a customized lending tool tailored to their products and specific requirements.

Reima Linnanvirta, a partner at lead investor Trind VC, expressed confidence in inGain’s product and team, emphasizing the comprehensive nature of their solution and the transformative potential of their no-code approach. Linnanvirta believes that inGain is well-positioned to disrupt the market and secure a significant share due to the outdated nature of existing solutions in the industry.

Source: tech.eu

The post Latvian Fintech inGain Raises €650,000 for No-Code SaaS Loan Management System appeared first on HIPTHER Alerts.

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