Safra National Bank of New York

CORE BANKING

BlockSpaces | June 24, 2022

On June 23rd, Cogent Bank, a full-service commercial and retail bank, and BlockSpaces, a B2B integration platform that links business applications to blockchain networks, announced their banking partnership. The news was made at the annual conference of the Florida Bankers Association (FBA), which has been operating since 1888 and is one of Florida's oldest trade organizations. Cogent Bank's awareness of the blockchain business, which includes a thorough grasp of the dange...

PAYMENTS

Bit.Store | May 31, 2022

Asia's leading SocialFi crypto investment platform, Bit.Store (STORE) has deepened its partnership with crypto payment provider Alchemy Pay (ACH). Further to the current credit card and paypal connections, Alchemy Pay will add popular alternative payment methods to Bit.Store including mobile wallets and domestic instant transfer services. Furthermore, Alchemy Pay will provide Bit.Store with off-ramp capabilities, meaning their users can convert their crypto funds into over 100...

Casper | January 27, 2020

Casper Sleep Inc, the online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, expects its initial public offering valuation to be well below the roughly $1 billion it commanded in the last funding round. In a regulatory filing on Monday, the company said it expects the offering of 9.6 million shares to be priced between $17 and $19 per share. At the top end of the range, the IPO will raise $182.4 million and give the firm a valuation of $768 million. Casper w...

PAYMENTS

Finstro | July 08, 2021

Finstro, a technology-powered provider of trade credit and payment solutions for B2B commerce, intends to increase digital adoption momentum in the B2B sector by launching a card solution and an integrated ERP solution to support the supplier/buyer trade relationship. According to a 2018 Goldman Sachs Global Technology Equity Research report, paper-based payment processes accounted for 70% of transaction volume in B2B commerce in the United States and cost businesses - many small ...