Fintech firm Revolut will continue hiring to boost cryptocurrency business

[Financial technology company Revolut will continue to recruit employees to promote cryptocurrency business] According to news on August 5, financial technology company Revolut plans to increase the number of employees in its cryptocurrency business in Europe, the United Kingdom, and the United States by 20% in the next six months. Revolut is currently hiring for 13 cryptocurrency-related roles, including compliance and financial crime prevention, as well as software engineers and professionals with cryptocurrency experience in the legal field. Revolut has hired 43 cryptocurrency business employees so far in 2022. (Bloomberg)

Other news:

South African fintech company JUMO completes $120 million financing at a valuation of $400 million, led by Fidelity: November 9 news, South African fintech company JUMO completes $120 million financing at a valuation of $400 million, Fidelity Management and Research The company led the investment, and the payment giant Visa and the London-based asset management company Kingsway Capital participated in the investment. JUMO has raised more than $200 million in equity and debt financing to date, with previous investors including Goldman Sachs, Brook Asset Management, Finnfund, Gemcorp, Proparco and Leapfrog. JUMO bills itself as a banking-as-a-service platform that uses artificial intelligence to power financial services, offering core products around savings, customer and corporate credit, and infrastructure for banks, fintechs and e-money operators. (Tech Crunch) [2021/11/9 6:40:26]

Fintech company Current to integrate with Acala's DeFi Hub: Current announced a partnership with Acala, a Polkadot-based decentralized finance platform. Current.com will integrate with Acala's DeFi Hub, leveraging proprietary technology to build infrastructure within the Polkadot ecosystem. The partnership, the first of its kind, establishes a new category Hybrid Finance (HyFi), bringing together traditional and DeFi applications. Current will run its own infrastructure and join active-ethexc validators set up on the Polkadot network. The integration with Acala is built directly into Current Core, Current's proprietary core banking platform designed to bridge closed-loop fiat currency systems to open platforms. This will accelerate the development of HyFi's infrastructure designed to deliver value to Current's nearly 3 million members. (CoinDesk) [2021/5/18 22:16:31]

Wang Jingdong, Vice President of Industrial and Commercial Bank of China: Comprehensive layout of various technical fields of financial technology, step by step to realize the transformation of technological value into business value in blockchain and other fields: According to the Securities Times, on April 26, Wang Jingdong, Vice President of Industrial and Commercial Bank of China, attended the 162nd session The latest progress of ICBC in building a smart bank was introduced at the regular press conference of the banking industry. According to Wang Jingdong, ICBC will accelerate fintech innovation in three aspects to build a smart bank. On the one hand, it is to deepen the application of financial technology. In 2017, ICBC established the "Seven Innovation Labs" and invested a new technology research team of 300 people to comprehensively deploy various technical fields of financial technology. , Blockchain, Internet of Things and other fields have initially realized the transformation of technological value to business value, and formed an enterprise-level technical capability that can be opened and exported internally and externally. [2018/4/27]