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LBank Exchange Will List Battle Esports Coin (BES) on January 20, 2022

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Internet City, Dubai–(Newsfile Corp. – January 18, 2022) – LBank Exchange, a global digital asset trading platform, will list Battle Esports Coin (BES) on January 20, 2022. For all users of LBank Exchange, the BES/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 20, 2022.

Figure 1: LBank Exchange Will List Battle Esports Coin (BES) on January 20, 2022

The current eSports market is largely capitalized by corporate sponsors, it’s not easy and efficient enough for players to realize monetization via current B to C structure. To solve this problem, Battle Esports Coin (BES) token and Libes make C to C transactions possible so that they can boost the economic activity of players, provide new entertainment for users, and revolutionize eSports market with leading-edge blockchain technology. BES will be listed on LBank Exchange at 16:00 (UTC+8) on January 20, 2022, to further expand its global reach and help it achieve its vision.

BES x Libes: Liberty Through E-Sports

Libes is a platform built to create new economies in the eSports market and expand the economics and value of eSports itself. Within the Libes eSports platform, users can bet on the tournament matches, give social tippings directly to players, and purchase players’ original NFTs and service NFTs. Players will be able to receive revenue from these features, which will allow them to perform in a completely different way from their previous economic activities.

As Libes’ governance token, BES is created for use on the Libes eSports platform and serves as the platform’s voting rights. By decentralizing rights, Libes aims to become a self-sustaining decentralized organization (DAO) made up of players and users.

The value of the eSports betting industry alone is forecasted to grow as big as 13.05 billion US dollars by 2025. BES and Libes plan to offer a steady roll out of betting services on games and other event to provide a new revolutionary forms of entertainment that will distinguish their platform and suite of services from those of conventional bookmakers.

Targeting markets for eSports gambling worldwide, BES and Libes will capture most target players and interest from the most robust markets in Asia starting with China, Korea, and Japan followed by the United States, and Europe. With the expansion of online gambling and the increasing popularity of eSports, they aim to present a very interesting entertainment proposition to their target markets.

About Battle Esports Coin (BES)

BES token fulfills several purposes within the eSports gambling ecosystem. It serves as in-game currency and has exchange value inside the Libes eSports betting platform. Players can purchase BES tokens and place bets on eSports games as well as enjoy additional benefits from staking, tournament attendance, and engagement with the influencers defining the eSports scene. Implementing a DAO and reward mechanism, BES tokens can be earned by users for engagement and contribution within the ecosystem including the creation of NFTs, purchase of goods, gambling on tournaments.

BES is an ERC-20 token with a fixed initial issuance amount. Therefore, the distribution volume is limited, and the design is such that the value can be easily increased by creating demand. The total supply of BES is 100 billion (i.e. 100,000,000,000) tokens. 40% of it is provided for ecosystem, 17% is allocated for marketing, 15% is used for pre-sale/IEO, another 15% is provided for leadership, 6% is for initial liquidity offering, 5% is for sponsor, and the rest 2% is allocated to strategic advisor. BES is also prepared for staking on multiple DeFi platforms and can be rewarded.

The BES token will be listed on LBank Exchange at 16:00 (UTC+8) on January 20, 2022, investors who are interested in Libes investment can easily buy and sell BES on LBank Exchange by then. The listing of BES on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about BES Token:

Official Website: https://bes-libes.io/
Telegram: https://t.me/libesglobal
Twitter: https://twitter.com/libesglobal

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

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Contact Details:

LBK Blockchain Co. Limited
LBank Exchange
[email protected]

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ZEXPRWIRE
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110660

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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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