Connect with us

Crowdfunding

Switzerland based Relai, Provider of a Bitcoin Investment App, Acquires CHF 2.5M in Capital from Swiss VC Redalpine, Others

Published

on

Switzerland-based Relai, the provider of a Bitcoin investment app, has revealed that it secured CHF 2.5 million in capital via a Series A round that was led by Swiss VC Redalpine. The funding has been acquired less than a year after the company entered the market.

Relai has also received funding from Polytech Ventures, Bitcoin-focused Fulgur Ventures, and ACE & Company, which is an investment group with more than CHF 1 billion in assets under management (AUM).

The proceeds from the investment round should allow Relai to develop a proprietary broker for fast and efficient order processing and introduce new product offerings for investors who are interested in purchasing large amounts of Bitcoin (BTC).

With its own brokerage services, Relai is also planning to offer features such as instant purchases (price lock), optimizing/enhancing execution processes, and also direct delivery to the user-controlled wallet of choice (either Relai or some other third-party).

Relai’s management noted that they are also planning to acquire a financial intermediary license to support their line of products and services.

Julian Liniger, Co-Founder and CEO at Relai, remarked:

“With our own broker, the Relai App will not only be the easiest, but also the most efficient way to buy & sell bitcoin in Europe. The whole team is proud and incredibly excited to receive backing from such top-notch venture capital investors like Redalpine, Polytech, Fulgur, and ACE, who understand our vision and trust us to deliver on our mission.”

Peter Niederhauser, Co-Founder and Partner at Redalpine, stated:

“We are impressed by the dedication, hard work, and rapid growth that the young Relai team has demonstrated in the last year. We want to help accelerate the mass adoption of crypto by easing access to its leading currency, Bitcoin. We look forward to being part of the journey and to supporting this exceptional Swiss early-stage startup in achieving global success.”

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.crowdfundinsider.com/2021/06/176936-switzerland-based-relai-provider-of-a-bitcoin-investment-app-acquires-chf-2-5m-in-capital-from-swiss-vc-redalpine-others/

Crowdfunding

Changing UK Cybercrime Patterns Outlined in PPC Shield Report

Published

on

British individuals and businesses have been scammed for £5.7m in losses from just under 15,000 reported cybercrime incidents so far in 2021, research from click fraud prevention firm PPC Shield reveals. Malicious hacking, fraudulent use of social media accounts and email scams are the top methods, accounting for 43 per cent of all reported activity. Malware/viruses, personal hacking and extortion are also common.

The under-40 crowd has reported the most incidents this year with 5,000, suggesting scammers and hackers are predominantly targeting those used to juggling multiple social media accounts, email addresses and banking apps.

While corporate cybercrime only accounts for 10 per cent of reported incidents, the £1.9 million in damages are one-third of the total figure.

The effects take a mental toll. According to ONS data from the Crime Survey for England and Wales (CSEW), 72 per cent of victims said they had been emotionally affected by their experiences, with almost one third indicating a moderate to severe impact –  mostly annoyance and anger. Ten per cent said they experienced anxiety, depression, fear and sleep disruption.

Four out of five offences (81 per cent) were committed by an individual (not an organization) that was unknown to the victim. According to Google, malware is being used less than at any point since 2007, but phishing websites have grown by 750 per cent. One in three folks who lost money learned through their financial institution.

When non-cyber assisted fraud is factored in, UK authorities have so far received 253,736 reports totalling £1.2 billion in losses this year. They have issued public warnings of phishing scams conducted over the course of the COVID-19 pandemic, with an increase in fraudulent text and calls to mobile phones, as individuals posing as bank employees, HMRC and even the NHS charging for fake COVID tests and track and trace.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.crowdfundinsider.com/2021/07/178444-changing-uk-cybercrime-patterns-outlined-in-ppc-shield-report/

Continue Reading

Crowdfunding

Changing UK Cybercrime Patterns Outlined in PPC Shield Report

Published

on

British individuals and businesses have been scammed for £5.7m in losses from just under 15,000 reported cybercrime incidents so far in 2021, research from click fraud prevention firm PPC Shield reveals. Malicious hacking, fraudulent use of social media accounts and email scams are the top methods, accounting for 43 per cent of all reported activity. Malware/viruses, personal hacking and extortion are also common.

The under-40 crowd has reported the most incidents this year with 5,000, suggesting scammers and hackers are predominantly targeting those used to juggling multiple social media accounts, email addresses and banking apps.

While corporate cybercrime only accounts for 10 per cent of reported incidents, the £1.9 million in damages are one-third of the total figure.

The effects take a mental toll. According to ONS data from the Crime Survey for England and Wales (CSEW), 72 per cent of victims said they had been emotionally affected by their experiences, with almost one third indicating a moderate to severe impact –  mostly annoyance and anger. Ten per cent said they experienced anxiety, depression, fear and sleep disruption.

Four out of five offences (81 per cent) were committed by an individual (not an organization) that was unknown to the victim. According to Google, malware is being used less than at any point since 2007, but phishing websites have grown by 750 per cent. One in three folks who lost money learned through their financial institution.

When non-cyber assisted fraud is factored in, UK authorities have so far received 253,736 reports totalling £1.2 billion in losses this year. They have issued public warnings of phishing scams conducted over the course of the COVID-19 pandemic, with an increase in fraudulent text and calls to mobile phones, as individuals posing as bank employees, HMRC and even the NHS charging for fake COVID tests and track and trace.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.crowdfundinsider.com/2021/07/178444-changing-uk-cybercrime-patterns-outlined-in-ppc-shield-report/

Continue Reading

Crowdfunding

Philippines based Paymaya, a Mobile Money and Payments Provider, Chooses Iliad Solutions as its Payments Testing Supplier

Published

on

Paymaya, the mobile money and payments provider based in the Philippines, has selected Iliad Solutions as its payments testing supplier.

Iliad Solution’s products and services, which are being used by major financial institutions throughout the world, have been developed to help with minimizing the risk when launching new payments tech, which also helps with lowering the costs that are involved in testing. These products also enhance the speed of deploying new systems.

Paymaya has licensed t3:Switch, Iliad Solution’s dynamic test platform, in order to assist in the testing of the interoperability of their services with international payment schemes.

The t3:Portal has been designed to orchestrate and simplify the process of payment testing and certification. Advanced controls may be applied to various projects at every level, with real time data being accessible through dashboard views.

Paymaya is now able to test out complex transactions with global schemes with greater efficiency – tests are fully automated and may run at up to 5000 transactions every second.

Anthony Walton, CEO at Iliad Solutions, stated:

“The Philippines is one of the most dynamic adopters of digital payments in Southeast Asia. It is moving away from cash payments at pace and using state-of-the-art technology and new digital channels to do so. Paymaya is a leader in this space and Iliad are very proud to be helping them remove friction from the complex process of getting new payments initiatives to market through simplified and automated testing.”

Southeast Asia is an important market for Iliad, given the area’s steady adoption of innovative approaches to making payments, which is increasingly being done via mobile apps.

Iliad Solutions’ management also noted that they’re looking forward to working cooperatlvely with Paymaya as it builds out its multi-channel product offering. It is Iliad’s second significant initiative this year in the Philippines and the firm’s management is pleased to bring their expertise and “perhaps more importantly learn, about this exciting market.”

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.crowdfundinsider.com/2021/07/178429-philippines-based-paymaya-a-mobile-money-and-payments-provider-chooses-iliad-solutions-as-its-payments-testing-supplier/

Continue Reading

Crowdfunding

Philippines based Paymaya, a Mobile Money and Payments Provider, Chooses Iliad Solutions as its Payments Testing Supplier

Published

on

Paymaya, the mobile money and payments provider based in the Philippines, has selected Iliad Solutions as its payments testing supplier.

Iliad Solution’s products and services, which are being used by major financial institutions throughout the world, have been developed to help with minimizing the risk when launching new payments tech, which also helps with lowering the costs that are involved in testing. These products also enhance the speed of deploying new systems.

Paymaya has licensed t3:Switch, Iliad Solution’s dynamic test platform, in order to assist in the testing of the interoperability of their services with international payment schemes.

The t3:Portal has been designed to orchestrate and simplify the process of payment testing and certification. Advanced controls may be applied to various projects at every level, with real time data being accessible through dashboard views.

Paymaya is now able to test out complex transactions with global schemes with greater efficiency – tests are fully automated and may run at up to 5000 transactions every second.

Anthony Walton, CEO at Iliad Solutions, stated:

“The Philippines is one of the most dynamic adopters of digital payments in Southeast Asia. It is moving away from cash payments at pace and using state-of-the-art technology and new digital channels to do so. Paymaya is a leader in this space and Iliad are very proud to be helping them remove friction from the complex process of getting new payments initiatives to market through simplified and automated testing.”

Southeast Asia is an important market for Iliad, given the area’s steady adoption of innovative approaches to making payments, which is increasingly being done via mobile apps.

Iliad Solutions’ management also noted that they’re looking forward to working cooperatlvely with Paymaya as it builds out its multi-channel product offering. It is Iliad’s second significant initiative this year in the Philippines and the firm’s management is pleased to bring their expertise and “perhaps more importantly learn, about this exciting market.”

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.crowdfundinsider.com/2021/07/178429-philippines-based-paymaya-a-mobile-money-and-payments-provider-chooses-iliad-solutions-as-its-payments-testing-supplier/

Continue Reading
Aviation5 days ago

Legendary F-14 Pilot Dale ‘Snort’ Snodgrass Dies In A Tragic Plane Crash

watch-live-russias-pirs-module-set-to-depart-space-station-today.jpg
Aerospace4 days ago

Watch live: Russia’s Pirs module set to depart space station today

Esports4 days ago

Genshin Impact Sacred Sakura Cleansing Ritual Quest Guide

Esports4 days ago

Genshin Impact Sacrificial Offering: How to Complete

Esports3 days ago

League of Legends Wild Rift Patch 2.4 Release Date

Esports4 days ago

Best bot lane Pokémon on Pokémon UNITE

Esports5 days ago

Where to Find Rivercress Stem in New World

AR/VR20 hours ago

Review: Winds & Leaves

Energy4 days ago

NexGen Announces Commencement of 2021 Field and Regional Exploration Drilling Programs at the Rook I Property

Crowdfunding4 days ago

Digital Asset Firm Kraken Releases Report on Benefits of Centralized Finance Platforms Amid DeFi Boom

Esports5 days ago

Pokémon UNITE Crustle Build

Blockchain4 days ago

Ethereum 2.0 Exceeds 200K Validators, Has 6.6 Million ETH in Staking

Esports5 days ago

PUBG Mobile Global Championship (PMGC) 2021 unveiled with $6 million prize pool

Energy4 days ago

Nowa umowa partnerska Shanghai Electric zawarta podczas WAIC 2021 doprowadzi do rozwoju i przemiany wielu branż dzięki transformacji cyfrowej

Blockchain3 days ago

Ethereum Inventor Debuts As An Actor? Joins Mila Kunis In NFT-Based Show

Esports5 days ago

How to Beat Alastor the Vigilant in New World

Esports3 days ago

TFT Set 5.5 11.15 B-patch nerfs Hecarim, Lucian, and Irelia

Esports5 days ago

Best Wigglytuff build in Pokémon UNITE

Fintech3 days ago

Finding the right balance with hybrid client experiences

Energy3 days ago

SOL: Sasol Limited – Production And Sales Metrics And Financial Results For The Year Ended 30 June 2021

Trending