BankingBusiness

Augmentum: Enters the DeFi space with ParaFi

  • ParaFi Capital an alternative investment firm focused on blockchain and decentralized finance markets
  • Software continues to permeate every industry, driving efficiencies and facilitating innovation
  • Activity in the DeFi space gained significant momentum in recent years, attracting capital inflows of $21bn in the last year alone²
  • Partnership with ParaFi highlights conviction that software-led disruption move even deeper into the financial services stack
  • Within the DeFi ecosystem, teams of developers rebuilding fundamental layers of the financial system with open source software
  • ParaFi’s DeFi specialisation compliments Augmentum’s wider fintech expertise and teams uniquely placed to identify
Previous article
Ultimaco: Acquires MYHSM
Next article
Prometheum: Closes $15M+ Funding Round
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Revolut Strengthens Presence with Indian Hiring Spree

The financial technology company seeks to expand its team in India.Highlights: Revolut is launching a significant hiring campaign...
FinTech

Visa Strengthens Subscription Management Service for Businesses

New solutions aim to simplify recurring payment management for companies.Highlights: Visa has launched a new subscription management service.The...
FinTech

Mastercard to Sell Nets Payments Unit Following $3.2 Billion Acquisition

The divestment follows Mastercard's strategic review of its portfolio.Highlights: Mastercard is set to sell its Nets payments unit.The...
FinTech

Mastercard Seeks to Offload Payments Unit It Acquired for $32 Billion

The proposed sale comes as Mastercard re-evaluates its payments strategy.Highlights: Mastercard aims to sell its payments unit, originally...