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FJB Coin is Now Available for Trading on LBank Exchange
Internet City, Dubai–(Newsfile Corp. – January 5, 2022) – LBank Exchange, a global digital asset trading platform, has listed FJB Coin (Lets Go Brandon!) on January 4, 2022. For all users of LBank Exchange, the FJB/USDT trading pair is now officially available for trading.
Figure 1: FJB Coin is now available for trading on LBank Exchange
While driving innovation, crypto can also support for movement. As the coin that fights for America, FJB (Lets Go Brandon!) is here to give back to Veterans, and build a community where people are free to voice their views without fear of being shamed, discriminated against or cancelled. FJB has been listed on LBank Exchange at 22:00 (UTC+8) on January 4, 2022 to further expand its global reach.
Introducing FJB Coin (Lets Go Brandon!)
There is a movement about the voices of every individual across the world being heard when they felt like they’ve been silenced. The FJB project started as a rally around this movement with two main objectives, one, to build a community where people are free to voice their views without fear of being shamed, discriminated against or cancelled and two, charitable giving to Veterans, first responders and all of those who have given their lives for their country.
Since the project was launched in October 2021, the support FJB has received from the community is unlike anything in crypto. FJB started with just a handful of members but grew into a community of over 6,000 people across the world and over 8,000 coin holders and it’s only getting stronger. There is hardly a second that goes by where someone in one of its online communities is not typing a message. Everyone wants to know how they can own a coin that gives back to Veterans, first responders and their family but most importantly be a part of something bigger than they are.
Stephen K. Bannon and Boris Epshteyn have taken strategic ownership positions in the FJB Coin blockchain project, and each hold a significant amount of tokens. Mr. Bannon is the Founder and Host of WarRoom. He is also a former Naval Officer and M&A investment banker at Goldman Sachs who holds Graduate Degrees from Harvard Business School and Georgetown University. He served as CEO of President Trump’s 2016 campaign and was the White House Chief Strategist and Senior Counselor to President Trump. Mr. Epshteyn is a political strategist, attorney, and investment banker. He is also a contributor to WarRoom and founder of Georgetown Advisory consulting group. Mr. Epshteyn is a graduate of Georgetown University’s School of Foreign Service and Georgetown Law. He served as Senior Advisor on President Trump’s 2016 campaign, as Special Assistant and Assistant Communications Director for Surrogate Operations to President Trump at the White House and as Strategic Advisor on Trump 2020.
About FJB Token
Built on BSC as a BEP20 token, FJB has a total supply of 40B (i.e. 40,000,000,000) and ~17.8B coins burned, which can be seen in the burn wallet on BscScan. Additionally, there is an 8% transaction fee which goes to both marketing and charity wallets to support its marketing initiatives and allows the project to donate to Veterans, first responders and those have had given their lives for America, which means every time someone buys or sells FJB, a portion of its transaction fees get donated to Veterans who gave everything for their country.
The FJB Coin has been listed on LBank Exchange at 22:00 (UTC+8) on January 4, 2022, investors who are interested in FJB Coin investment can easily buy and sell FJB on LBank Exchange right now.
Learn More about FJB Token:
Official Website: https://fjbcoin.org/
Telegram: https://t.me/letsgobrandoncoin
Twitter: https://twitter.com/OfficialFJBCoin
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4413762196249-FJB-Lets-Go-Brandon-will-be-listed-on-LBank
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 from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
l Telegram
l Twitter
l Facebook
l Linkedin
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
DISCLAIMER: Opinions expressed by FJB are those of its team and does not represent or reflect LBank in any way.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109117
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Basel Committee highlights rising risks from finance digitalisation in new report
The post Basel Committee highlights rising risks from finance digitalisation in new report appeared first on HIPTHER Alerts.
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French fintech Lydia launches digital banking app Sumeria
Lydia, a prominent French fintech company known for its innovative financial solutions, has taken a significant leap forward with the launch of its new digital banking app, Sumeria. This development marks a strategic expansion for Lydia as it continues to redefine the financial landscape in Europe and beyond.
About Lydia
Since its inception, Lydia has been at the forefront of fintech innovation in France, providing users with seamless and user-friendly payment solutions. The company has built a strong reputation for its mobile payment app, which allows users to send and receive money, pay for goods and services, and manage their finances with ease. With millions of users and a robust platform, Lydia is well-positioned to venture into the digital banking space.
Introducing Sumeria
Sumeria is Lydia’s latest offering, designed to cater to the growing demand for comprehensive digital banking solutions. The app aims to provide users with a full suite of banking services, all accessible from their smartphones. Key features of Sumeria include:
- Personal and Business Accounts: Sumeria offers both personal and business accounts, enabling users to manage their finances efficiently. The app supports a range of functionalities tailored to meet the needs of individual users and small to medium-sized enterprises (SMEs).
- Intuitive Interface: True to Lydia’s commitment to user experience, Sumeria boasts an intuitive and easy-to-navigate interface. Users can quickly access account information, transaction history, and various banking services with just a few taps.
- Comprehensive Financial Tools: Sumeria provides a range of financial tools designed to help users better manage their money. Features such as budgeting, expense tracking, and personalized financial insights empower users to make informed financial decisions.
- Security and Privacy: Lydia places a high priority on security, and Sumeria is no exception. The app incorporates advanced security measures, including biometric authentication and end-to-end encryption, to ensure that users’ financial data is protected.
- Integrated Payments: Leveraging Lydia’s expertise in payments, Sumeria integrates seamless payment solutions, allowing users to send and receive money instantly, pay bills, and make purchases directly from the app.
Strategic Implications
The launch of Sumeria represents a strategic move for Lydia, positioning the company as a formidable player in the digital banking arena. By expanding its product offering, Lydia aims to capture a larger share of the market and meet the evolving needs of its users. This initiative also reflects a broader trend in the fintech industry, where traditional payment service providers are evolving into comprehensive financial service platforms.
Market Impact
Sumeria’s entry into the market is poised to have a significant impact. With its user-centric design and robust feature set, the app is likely to attract a diverse user base, from tech-savvy millennials to SMEs seeking efficient banking solutions. Moreover, Sumeria’s integration with Lydia’s existing payment infrastructure provides a seamless transition for current Lydia users, further boosting its adoption.
Future Prospects
Looking ahead, Lydia plans to continually enhance Sumeria by adding new features and expanding its services. The company’s focus on innovation and customer satisfaction will be key drivers of Sumeria’s growth. Additionally, Lydia’s potential to scale Sumeria across other European markets presents a substantial opportunity for further expansion.
Source: fintechfutures.com
The post French fintech Lydia launches digital banking app Sumeria appeared first on HIPTHER Alerts.
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FinTech IPO Index Edges Up 1.7% as Katapult Earnings Lead Platforms Higher
This week was dominated by earnings reports from fintech firms specializing in connecting supply and demand, such as those in lending and modernizing payments between merchants and consumers. Despite ongoing stock volatility, the FinTech IPO Index climbed 1.7%.
FinTech IPO Index Highlights
Katapult saw its stock soar by 18.5% this week. The company reported that Katapult Pay gross originations grew over 150% year-over-year to $55.6 million, with 55.9% of these originations in Q1 2024 coming from repeat customers. Total revenue increased by 18.1% to $65.1 million.
Blend Labs experienced a share increase of just over 15%. Their Q1 2024 earnings revealed total company revenue of $34.9 million, comprising $23.8 million from the Blend Platform segment and $11.1 million from the Title segment. Within the Blend Platform, mortgage suite revenue declined by 15% year-over-year to $15.1 million, while consumer banking suite revenue rose by 29% to $6.7 million. Professional services revenue increased by 21% to $2.1 million.
Paysafe saw a 15.2% rise in its stock. The company’s earnings report indicated an 11% increase in revenue from its Merchant Solutions segment, driven by strong eCommerce performance and SMB client demand. Digital wallet-related revenue increased by 5%, mainly due to growth in the gambling sector. Overall, consolidated revenue rose by 7% to $418 million on a constant currency basis, with total payment volume up 7% to $36.1 billion, and transactions per active user increasing by 14%.
Open Lending shares climbed 7.8% following their partnership with Core Specialty Insurance Holdings, which will now provide credit default insurance policies for Open Lending’s Lenders Protection platform.
Robinhood saw a modest increase of 3.4% over the past week. The company exceeded Q1 profit expectations, driven by strong cryptocurrency trading volumes and a 22% rise in net interest revenue to $254 million. Retail traders, optimistic about economic prospects, have reentered the market, resulting in a 59% increase in transaction-based revenue.
Oportun shares rose by 2.7%. The company’s official Q1 report on May 9 confirmed preliminary results, showing aggregate originations of $338 million, down from $408 million last year. The portfolio yield was 32.5%, an increase of 113 basis points from the previous year, and the annualized net charge-off rate improved to 12% from 12.1% a year ago and 12.3% in the previous quarter.
Declines in the Index
dLocal experienced a significant decline, with shares dropping by 27%. Despite a 49% year-over-year increase in total payment volume to $5.3 billion and a 34% rise in revenue to $184.4 million, gross profit margins were pressured by renegotiated terms with a top merchant and higher payout volumes. Consequently, operating income fell by 32% year-over-year.
Nu Holdings reported the addition of 5.5 million customers in Q1, bringing its global total to 99.3 million by the end of March. The company, now the fourth-largest financial institution in Latin America by customer count, saw monthly average revenue per active customer grow by 30% year-over-year. However, its shares slipped by 0.6%. The NPL ratio for its Brazilian consumer credit portfolio was 5%, consistent with expectations and historical patterns.
Expensify added unlimited virtual cards to its spend management platform. The new Expensify Visa Commercial Card allows businesses to manage expenses across employees and merchants, setting fixed or monthly spending limits for each card. Despite this innovation, the company’s shares fell by 3.4%.
In summary, the fintech sector showcased a range of performances, with several companies delivering strong earnings that boosted the FinTech IPO Index, while others faced challenges that impacted their stock prices.
Source: pymnts.com
The post FinTech IPO Index Edges Up 1.7% as Katapult Earnings Lead Platforms Higher appeared first on HIPTHER Alerts.
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