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

Wise Launches UK Current Account, Strengthening Banking Services

New offering aims to enhance financial management for UK customers.Highlights: Wise unveils its new current account service in...
FinTech

Reserve Bank of Australia Introduces Caps on Interchange Fees

New regulations aim to lower transaction costs for consumers and businesses.Highlights: Reserve Bank of Australia implements new caps...
FinTech

TPA Urges Government to Address Meta’s Role in Fraud Crisis

Trade body calls for urgent action to tackle rising online fraud linked to Meta platforms.Highlights: The TPA demands...
FinTech

SWIFT Strengthens Blockchain-Based Shared Ledger for Real Transactions This Year

The financial messaging service aims to integrate blockchain technology in operations.Highlights: SWIFT plans to launch a blockchain-based shared...