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May 7, 2022

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

In this edition,

Gucci to Start Accepting Crypto Payments in Some U.S. Stores : Customers in the U.S can make cryptocurrency payment in some Gucci shops the U.S. as a tentative steps into the digital-asset universe and to appeal to younger generations of consumers.

Symmetrical.ai, payroll fintech raises $18.5m Funding : Symmetrical.ai has raised $18.5m to speed up the fintech’s assault on Europe and US, as well as grow its headcount and improve its API technology.

Central African Republic Second In The World To Adopt Virtual Currency As Legal Tender : Bitcoin accepted in Central African Republic (CAR) as legal tender as President Faustin Archange Touadera signed the measure into law.

Binance Gets French Regulatory Nod in European Push : World’s largest cryptocurrency exchange by trading volume, Binance Holdings Ltd., has secured the latest sign, a regulatory approval from the French government.

 

OPPORTUNITY

Ascension – The UK Seed Fund : Amongst all UK seed funds, Acension is one of the most active seed investors since 2015, built to back the next generation of tech and impact founders which has backed more than 125 tech and impact startups through our (S)EIS & Institutional Funds. The early-stage VC support startups with expertise, platform resources, and extensive network on their journey to Series A and beyond. The company manages (S)EIS and Institutional Seed funds that invest in UK technology and impact businesses in areas such as FinTech, Next Gen Media, New Work, Digital Health & Life Sciences, Sustainability, Commerce, DeepTech.

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