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Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New Blockchain Financing Product

PYMNTS

OneConnect used Guangdong’s “digital government” tech resources, as well as its own blockchain tech, AI and Big Data, to create the platform — which has access to data in 213 categories from 26 departments of government, and has connected with 129 financial institutions in the China province. ”

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Investors Pick AI, Treasury As Top Funding Targets This Week

PYMNTS

In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million in funding. Treasury Management. Mainsail Partners led a $42 million growth equity round for integrated treasury management solutions provider GTreasury, the company announced this week.

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Targeting Corporate Clients’ Bottom Lines — In One Way Or Another

PYMNTS

Some focus on specific verticals, like restaurants; Some take unique routes to enterprise security, from password management to email protection. The B2B venture capital roundup this week is flush with startups providing services to other corporates that, in one way or another, impact the business’ bottom line. SME Lending.

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From Blockchain To Farming, Newly-Funded Startups Embrace Data Analytics

PYMNTS

This week’s B2B venture capital breakdown is an impressive blend of startups and, together, they’ve raised more than $279 million. But there is a clear common thread among the B2B startups that secured fresh funding this week: data analytics. InstaFreight. InstaFreight, based in Germany, announced more than $9.5

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VCs Back Supply Chain, Corporate Banking Disruptors

PYMNTS

investors placed nearly $50 million into B2B FinTechs, with particular attention on startups disrupting the supply chain management and corporate banking spheres. Supply Chain Management. million in Series A funding from Kalaari Capital and Nexus Venture Partners. million in new funding from Valar Ventures and Alven Capital.

Capital 100
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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. Morgan Chase institute ( Weathering Volatility: Big Data on the Financial Ups and Downs of U.S. What’s left is an estimate of personal savings.

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China B2B FinTech Nabs The Venture Capital Spotlight

PYMNTS

Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing. As part of its rebrand , blockchain payments firm BitPesa is now AZA Group.

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