LuxSE acquires major stake in Luxembourg start-up Tetrao
Submitted
27/01/2021 - 9:40am
The Luxembourg Stock Exchange (LuxSE) has acquired a 22.8 per cent stake in the Luxembourg-based technology company Tetrao International.
Tetrao powers its technology with artificial intelligence to provide data services including document, websites and information handling. LuxSE is the first financial institution to invest in Tetrao, a move that reflects its decision to make data a core part of its growth strategy.
Using robotic cognitive automation, Tetrao’s technology simulates human behaviour to identify, read and understand complex information from websites and documents. Through its integrated solution, Tetrao enables companies to save time and costs currently spent on manual, error-prone and time-consuming processes.
<p><span>The Luxembourg Stock Exchange (LuxSE) today announced the acquisition of a 22.8% stake in the Luxembourg-based technology company Tetrao International. Tetrao powers its technology with artificial intelligence to provide data services including document, websites and information handling. LuxSE is the first financial institution to invest in Tetrao, a move that reflects its decision to make data a core part of its growth strategy.</span></p>
NanoVMs Launches Investment Round On StartEngine
NanoVMs, the unikernel infrastructurecompany that runs software faster andsafer than Linux has launched aninvesting campaign with StartEngine.The startup has already raised over .
Wallet Factory and Belize Bank to build a mobile payment platform and digital wallet in Belize
Wallet Factory and Belize Bank tobuild a mobile payment platform anddigital wallet in Belize March 29,2021 – Wallet Factory, an .
Provider of SaaS for Financial Institutions Fininbox Doubled Revenue in 2020
March 11th, 2021. According to AntonZujev, Head of Business Developmentand Sales at Fininbox, the doublingof revenue even during the pandemic .
BuildStream launches investment round on Republic
YC Funded BuildStream LaunchesInvestment Campaign for Supply ChainQuality Inspection Marketplace App,Raising $1M From Users and the Crowd.NEW YORK, Feb 21, 2021 .
Search
Legislation in Luxembourg for Blockchain based Tokenization Is Progressive and Supported by Fintech Sector, Tokeny Solutions CEO Says
The
Luxembourg House of Financial Technology (LHoFT), an organization focused on driving innovation for financial services in Luxembourg by connecting the local and global Fintech industry participants, recently shared an update from
Luc Falempin, the CEO at
Tokeny Solutions, a company that aims to drive liquidity for private markets.
The Future of Capital Markets Luxembourg has been an extremely fertile ground for us to develop our services. The legislation around tokenisation is very forward thinking and the Fintech community here is super innovative. – @LucFalempin
IDEMIA Awarded in AFI s 2020 Inclusive Fintech Showcase
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201215005528/en/
(Photo: Business Wire)
IDEMIA has been awarded second place in the 2020 AFI Inclusive Fintech Showcase for its digital identity solution for disadvantaged groups. The company was one of 12 finalists in the showcase, which recognizes innovative solutions that are helping to address the fallout from the COVID-19 pandemic and beyond.
In a virtual presentation to AFI s final jury, Ali Akbar, Director of Business Intelligence for IDEMIA s Digital Business Unit highlighted how IDEMIA s Digital Identity Platform can be leveraged by FinTechs and regulators to provide identity verification methods to the underserved enabling them to easily and securely register their identities and thus access basic services. In the COVID-19 context, this can enable the swift roll out of financial aid to the most vulnerable a