Fintech firm EMTECH Solutions raises $4m

0
95
Fintech firm EMTECH Solutions raises $4m
Fintech firm EMTECH Solutions raises $4m

By harnessing distributed ledger and blockchain technologies, the fintech startup has developed Regtech and CBDC stack solutions

Fintech startup EMTECH Solutions Inc., in a funding round, has secured $4 million from Matrix Partners India, along with global investors like BTN, VestedWorld, Equity Alliance, and Lofty Inc.

To connect central banks and fintech companies, the startup, backed by Noemis Ventures, Octerra Capital, and 500 Global, among others, provides modern infrastructure tools. Currently, it has six central banks on board.

By harnessing distributed ledger and blockchain technologies, the fintech startup has developed Regtech and CBDC stack solutions. To advance the development of these solutions, the funds will be utilised by the startup. EMTECH, additionally, will prioritise developing a broader range of innovative financial services products.

Also readThe Transformative Power of Machine Learning on OTT Platforms

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics