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

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...
FinTech

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...
FinTech

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...
FinTech

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...