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WSPORTS: World of Sports With Decentralised Finance

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Cape Coral, Florida–(Newsfile Corp. – December 7, 2021) – With all the hype around DEFI 2.0, a lot of unique and groundbreaking projects are sprouting in Decentralized Finance throughout the crypto space; Watch Sports (WSPORTS) is one of the upcoming projects in this cycle. They are merging the world of sports with decentralized finance to bring their viewers the first DEFI sports project on the versatile and easily accessible Binance Smart Chain with huge rewards!

Figure 1: WSPORTS: World of Sports with Decentralised Finance

Sports broadcasting is changing. Until recently, OTT (over the top) streaming platforms featuring live events were few and far between. However, today, more and more opt-out to cut their cable chord, spurring the popularity of streaming platforms.

Sports events were not common on “over the top” (OTT) platforms up until the last few years. Viewers were forced to remain tethered to their cable subscriptions by the major sports leagues.

In many countries, an appetite for live sports remains high even if the desire to attend live sports events is suppressed by the danger of the pandemic, thus depleting the revenue earned through selling tickets and passes to these events exponentially. Not only that, but in recent years, traditional sports are facing some difficult times; the world has seen empty ballparks and stadiums that symbolized the challenges of the past year. It gets worse when looking at the changing habits of viewers, with more than 6 million people dropping their cable subscriptions each year.

STREAM UNLIMITED SPORTS

Users can watch thousands of sports events live in HD quality on all devices! Football, NFL, NBA, NHL, UFC, Boxing, WWE, Tennis, MOTO GP, Formula 1, Cricket, and more. Users can access live TV channels 24/7 on their phone, tablet, laptop, and TV without paying more, and watch anywhere in the world with no GEO Restrictions.

PASSIVE INCOME FOR LIFE

Holders need to be rewarded, and WSPORTS allows their holder to earn a static 5% on every transaction made by others just by holding $WSPORTS, which is a BEP20 token native to WSPORTS, Holders can also request rewards in coins other than MGD from an easy to use user-panel. Instead of choosing BNB, users can get the equivalent reward in the token of their own choice.

WEEKLY MATCH TICKETS

$WSPORTS will award at least 3 lucky winners match tickets to the game/sport of their choice every week. Also, VIP box tickets to cup final games will be up for grabs where all the expenses will be awarded 5-star accommodations; this is also for weekly games.

REWARDS & RE-INVEST

WSPORTS has a built-in user panel on their website that offers a tax-free buyback option, which further allows the holders to automatically re-invest their BNB rewards into WSPORTS without paying any tax. This works as a multiplier or an amplification for the passive income users are already earning through holding the token.

ANTI-SELL OFF

The anti-sell off feature makes it impossible for a user to sell all of their balance. No matter how little the amount, there will always be some $WSPORTS left in their wallet. Once a user buys $WSPORTS, they will forever be a holder as one can only sell 95% of their balance at any point in time. The project is still in its infancy and was able to fill in 1500 BNB in under 10 minutes.

TOKENOMICS

WSPORTS has a Max Supply of 1 billion, only out of which 5% has already been burnt so far. $WSPORTS has a limited supply to make sure inflation is kept under control, where 10% of every transaction is taken and redistributed as follows 5% to $WSPORTS holders in form of any coin of their choice or BNB rewards as default, 1% goes to liquidity pool to stabilize it further and 4% to development and marketing to ensure capability in supporting the team.

WHY WSPORTS?

The internet spectrum offers countless digital content, online sports being one of them. Digitization and online streaming have changed the meaning of the entertainment world; streaming platforms for sports are a blessing for viewers. It is an attractive option as finding the right sports streaming site can be an overwhelmingly tedious task, This is where WSPORTS steps in with the cheapest subscription being just at $4.99 for a week, which offers High Definition (HD) streams with 24×7 channels and up to 2 devices allowed for simultaneous viewing on multiple devices. There are more subscription plans available to cover any need. 

Links:
Website: https://watchsports.finance/ 
Telegram: https://t.me/wsportsofficial
Twitter: https://twitter.com/TokenWsports

Media Contact: 

Dave Ruiz
Telegram: https://telegram.me/cryptokidfinance
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106936

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Synechron Acquires iGreenData, a Digital Engineering Organization Headquartered in Melbourne, Australia

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This acquisition enables Synechron to enhance its technological capabilities, broaden its service offerings, and expand its coverage to the Australian market.

SYDNEY, May 13, 2024 /PRNewswire/ — Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations, announced its acquisition of iGreenData, a modern, data-centric digital solutions company founded in 2018. iGreenData, headquartered in Melbourne with an additional office in India where Synechron has a significant presence, specializes in cloud-enabled data and digital engineering. The company serves a diverse array of blue-chip clients and has high domain expertise in the banking and financial services sectors, along with strengths in full-stack, DevOps, cloud, data engineering, automation, and blockchain. The acquisition of iGreenData was completed on May 13, 2024.

This acquisition enhances Synechron’s leadership in digital transformation by combining their agile, creative approach with iGreenData’s specialized skills in cloud technology and lean data engineering practices. The integration adds to Synechron’s payments capabilities in delivering customized solutions that achieve substantial business outcomes, while continuing to swiftly and effectively meet their clients’ evolving needs.

Moreover, the acquisition expands Synechron’s global reach. By leveraging Australia’s strategic location, Synechron is better positioned to provide continuous support across time zones in Asia, the Americas, and Europe.

Faisal Husain, Synechron Co-Founder and CEO, commented, “We’re thrilled to welcome iGreenData into the Synechron family. This acquisition will enable us to continue deepening our payments technological strength and expand our footprint to the Australian market. Together, we will leverage our combined expertise in digital transformation and innovation to deliver value-added solutions that meet the evolving needs of our clients.”

Max Sundaram, iGreenData Co-Founder and CEO, said, “We’re very excited to become part of the Synechron team. With their global reach and our shared commitment to excellence, we’re well positioned to provide the best-in-class transformative digital experiences.”

About Synechron:

At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. Synechron has a global workforce of 14,000+ and has 51 offices in 20 countries in key global markets. For more information on the company, please visit our website or LinkedIn community

About iGreenData:

Headquartered in Melbourne, Australia, and with presence in India, iGreenData is a fast-growing digital engineering organization with a prime focus on Cloud First, Data-Centric Digital Engineering and Blockchain offerings. The team is at the forefront specializing in cutting-edge modern software engineering technologies with a commitment to ensure our solutions and services bring value to our customers.

iGreenData brings deep Banking industry knowledge, with decades of Leadership experience and track record of success in Australia, delivering large complex programs, and a highly capable team to deliver industry-leading experiences for our customers. With close to 200 strong professionals, we set out to bring together talented individuals who are encouraged in their creativity and empower them to deliver new technological solutions to our stakeholders.

iGreenData was ranked third in Rising Star category at the prestigious Deloitte Technology Fast 50 Australia awards for 2 years in a row in 2020 & 2021 and also was inducted to nineteenth place at the prestigious CRN Fast 50 Australia 2021 as recognition of the exponential growth over 3 years.

For more information on the company, please visit our website.

For more information please contact:
Rashmi Joshi,
Synechron
+91-9560694654
[email protected] 
[email protected]

OR

Zoe Forbes-Pyfrom
(+44) 7718 599666
[email protected]

Logo: https://mma.prnewswire.com/media/1943591/Synechron_Logo.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/synechron-acquires-igreendata-a-digital-engineering-organization-headquartered-in-melbourne-australia-302143552.html

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Fintech Farm raises $32m to expand its ‘neobank in a box’ model to India

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London-headquartered Fintech Farm has secured additional funding as part of its strategy to expand its operations into India.

The startup, which specializes in providing technology solutions to medium-sized banks in emerging markets to develop digital tools, has raised $32 million in funding.

This funding includes an initial Series B round led by London-based venture firm Nordstar, followed by an extension Series B round led by Bank of Georgia, listed on the London Stock Exchange.

Fintech Farm’s founding team includes Dmytro Dubilet, one of the founders of Ukrainian neobank Monobank, former KPMG M&A executive Nick Bezkrovnyy, and Alexander Vityaz, the founder of Corezoid, a cloud-based operating system provider.

Previously, the company raised a $7.4 million round in 2022 led by Flyer One Ventures and Solid, with participation from TA Ventures, Jiji, u.ventures, and AVentures Capital.

Fintech Farm, established in 2020, partners with medium-sized banks in emerging markets seeking to build neobank apps but lacking digital expertise. Dubilet explains that the startup differs from other banking-as-a-service (BaaS) players by focusing on providing operational support rather than regulatory or infrastructure services.

According to Dubilet, Fintech Farm offers comprehensive technology solutions, often referred to as ‘a neobank in a box,’ covering all the essentials for building a large and profitable digital bank.

The startup has already launched its solutions in Azerbaijan, where it partnered with a local bank to offer an app-based service to over 1 million users. In Vietnam, it collaborated with Orient Commercial Joint Stock Bank to establish Liobank. Fintech Farm earns compensation based on performance, tied to the number of customers and revenues generated for its partner banks.

Fintech Farm is now focused on developing a fintech product in India, aiming to enhance consumer access to credit. Bezkrovnyy highlights India’s robust digital payment ecosystem, particularly the Unified Payments Interface, which facilitates partnerships with local banks to offer lending products.

The funding round for Fintech Farm underscores Europe’s investment trend favoring fintechs with business-to-business (B2B) models. In the first quarter of 2024, B2B fintechs received $2.1 billion in funding, nearly double the amount allocated to consumer fintechs.

Source: sifted.eu

The post Fintech Farm raises $32m to expand its ‘neobank in a box’ model to India appeared first on HIPTHER Alerts.

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BBVA makes $13bn hostile takeover bid for Banco Sabadell

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Spanish banking giant BBVA has extended a purchase offer to Banco Sabadell’s shareholders, aiming to acquire a controlling stake of 50.01% in the company. This move follows the rejection of a similar offer by Sabadell’s board of directors last week.

Under the terms of the offer, Banco Sabadell’s shareholders would receive an exchange ratio of one newly issued BBVA share for every 4.83 Sabadell shares, representing a premium of 30% over the closing prices on April 29. The proposed transaction is valued at over $13 billion.

Despite the rejection by Sabadell’s board, BBVA remains confident in the potential of the deal to create “one of the best banks in Europe,” with a significant share of nearly 22% in the Spanish loan market. BBVA’s chair, Carlos Torres Vila, emphasizes the strategic importance of the merger, highlighting the positive impact it would have on the markets where both banks operate, particularly in Spain with an additional €5 billion loan capacity per year.

The acquisition of Banco Sabadell, Spain’s fourth-largest private banking group, would strengthen BBVA’s position in the domestic market. However, the success of the deal depends on approval from Banco Sabadell’s shareholders and regulatory bodies, including the Spanish Market and Competition Regulator (CNMC) and the UK’s Prudential Regulation Authority.

Despite BBVA’s optimism, the proposed merger faces opposition from the Spanish government. Concerns have been raised by Yolanda Diaz, the country’s labor minister, and Spain’s economy minister Carlos Cuerpo, who has described the deal as “potentially damaging.” The government asserts its authority over the final decision regarding the deal’s authorization.

If approved, the deal is anticipated to close within the next six to eight months, with a subsequent technical integration process expected to take between 12 and 18 months. This latest attempt at a merger between BBVA and Banco Sabadell follows unsuccessful negotiations in 2020 due to pricing disagreements.

Source: fintechfutures.com

The post BBVA makes $13bn hostile takeover bid for Banco Sabadell appeared first on HIPTHER Alerts.

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