🎧 Ep 231: Three Cycles of Payments Innovation with Fabric Ventures Anil Hansjee is a General Partner at Fabric Ventures, a UK-based blockchain VC. Prior to joining Fabric, Anil ran Corporate Development EMEA at Google and then led PayPal Ventures. He has tremendous experience investing in fintech and payments at the venture, strategic and angel levels. In this conversation, Anil and Will Beeson, CFA dive deep into payments, covering the existing legacy stack, initial waves of fintech innovation, and more recent blockchain and stablecoin-based approaches to improving global commerce. Anil is incredibly experienced, thoughtful and articulate, which made for a fantastic conversation.
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Stripe acquired a FinTech startup Bridge for $1.1 billion. 🤑 What does Bridge do? Bridge focuses on providing access to world-class financial services through stablecoins, aiming to transform global money movement by offering infrastructure that enables faster and cheaper cross-border payments. What does this acquisition mean for the Web3 space? - By integrating Bridge's infrastructure, Stripe can provide broader access to stablecoin solutions, facilitating faster and cheaper cross-border payments for a wider audience. - The acquisition encourages collaboration between fintech and blockchain sectors, driving increased investment in the Web3 ecosystem. - The acquisition underscores the legitimacy of stablecoins and signals their potential to revolutionize global financial transactions. It will be exciting to see how Stripe leverages Bridge’s technology to further integrate stablecoins into mainstream finance. What do you guys think?
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Contracts & Group Acquisitions Director - Lottomatica | Bankless DAO Contributor | Member of the Blockchain Italy Association | Member of Blockchain Education Network Italy
An insightful perspective on the evolution of blockchain-based projects from the privileged vantage point of a16z crypto. #blockchain #a16z
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CEO at The Connecter Wallet .Reimagined - Secure. Simple. Seedless. The Future of Digital Asset Management Designed to be Yours.🦄| Backed by top VCs, valued at $1.2M | 12+ strategic partnerships
The Connecter Reaches $1.2M Post-Money Valuation! 🚀 Exciting times ahead as our Bucharest-based startup, The Connecter, achieves a remarkable $1.2M post-money valuation following backing from two industry giants: Startupbootcamp and Hatcher+. The Connecter stood out as one of the top 10 for Startupbootcamp’s sustainable fintech program. This accolade from Europe's leading accelerator, with a $5.6 billion portfolio valuation, underscores our potential to disrupt and innovate in the fintech landscape. Adding to the excitement, Hatcher+, known for its AI-powered portfolio construction technologies, joined our funding round, amplifying our mission to democratize access to wealth and bring DeFi benefits mainstream. Why is this a big deal? In a world where 1.7 billion people lack basic financial tools, The Connecter addresses challenges head-on. Our user-centric design, with support for over 130 payment options, boasts an impressive 80% transaction success rate, setting us apart in the market. Our vision is clear: empower individuals with autonomy, accessibility, and utilization over their finances. As Paige Soponar, Ph.D cand.,M.A, B.Sc. , our COO, puts it, “The Connecter is about connection in every way - connecting people to freedom and changing the world for the better.” Join us on this incredible journey towards a more inclusive and democratized financial future! 🌍 Full article on HackerNoon: https://lnkd.in/dyNMcYJE #crypto #blockchain #cryptocurrency #bitcoin #ethereum #cryptomarket #defi #decentralizedfinance #finance #fintech #cryptowallet
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Business Consultant | Crypto Project Strategist & Advisor | Hybrid Trader | Investor | Open for Collaborations & Guidance |
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Allium Raises $16.5 Million in Series A Funding Led by Theory Ventures Learn more & get our take 👇 https://lnkd.in/gNkpNy_s "At Visa, we seek to both better inform our clients of how people and businesses are using stablecoins for transactions that may be outside of crypto trading activity, and also help inform our work with partners to develop products designed to better serve our clients.” — Cuy Sheffield, Head at Visa Crypto “Allium exists to drive trust and transparency in blockchain, to help people understand and build with full confidence. urrently, something as essential as accurately tracking digital currency volumes requires continually normalizing data across 40+ blockchain networks and parsing thousands of smart contracts.” — Ethan Chan, CEO and Co-Founder at Allium “As more assets move to blockchains, Allium will become the company that provides the data necessary to foster broader adoption and additional innovative uses of blockchains and tokens.” — Tomasz Tunguz, Founder at Theory Ventures #funding #blockchain #SoTNews
Allium Raises $16.5 Million in Series A Funding Led by Theory Ventures
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Lemon is letting users spend in crypto and helping with fancy blockchain transactions, leading the way to Web3. 🚀 Get ready for more fintech discoveries!🍋💻 Keep here for additional fintech insights coming your way! Innovate or Die #ImpactaLab #Startups #Argentina #Fintech #CryptoAdventure #Innovation #VentureCapital #VC #Crypto #finance #web3 #Latam
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🚨Stripe acquired Bridge for $1.1 billion 🚨 Stripe, the US-based payments giant, has acquired Bridge, a fintech startup specializing in stablecoin payments, for a massive $1.1 billion. 🌐💰 This acquisition marks the largest deal ever in the crypto space, surpassing CoinShares’ $530 million deal and Robinhood’s $200 million purchase of Bitstamp. Bridge enables businesses to accept stablecoin payments in over 70 countries, attracting top investors like Sequoia, Ribbit Capital, Index, and Haun Ventures. Link: https://lnkd.in/e-RA_6PD #Fintech #Crypto #Stripe #Bridge #Payments #Stablecoins #Innovation #NFT #Blockchain #Web3
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I love this callout from Brad Flora in Y Combinator's Request for Startups today. We're grateful to work with teams like Sphere Labs and Jia who are building towards this future: "There’s been much debate about the utility of blockchain technology, but it seems clear that stablecoins will be a big part of the future of money. We know this because YC companies have been effectively incorporating stablecoins into their operations for years now – for cross-border payments, to reduce transaction fees and fraud, to help users protect savings from hyperinflation. This utility is so straightforward it seems inevitable traditional finance will follow suit. In fact we’re seeing signs of this. PayPal recently issued its own stablecoin. Major banks have started offering custody services and making noise about issuing their own. $136b worth of stablecoins have been issued to date but the opportunity seems much more immense still. Only about seven million people have transacted with stablecoins to date, while more than half a billion live in countries with 30%+ inflation. U.S. banks hold $17b in customer deposits which are all up for grabs as well. And yet the major stablecoin issuers can be counted on one hand and the major liquidity providers with just a few fingers." Read the full Request for Startups here: https://lnkd.in/epsDC75g #tech #crypto #stablecoins
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