Tag Archives: provenance

Earlier today, we published an article about Mike Cagney, the cofounder of Sofi. He also runs the Provenance blockchain, and there’s big news surrounding the network in that it’s launching a new $50 million HASH development grant to establish core services and experiences on the blockchain. Provenance Blockchain Has Big Plans for the Future The grant comes by way of a new partnership formed between Provenance and Apollo, an asset management firm that controls more than...

A blockchain-powered financial services startup Figure Technologies founded by former SoFi CEO Mike Cagney, announced it has closed a $103 million Series C round. But, that is not all folks. It has also added Morgan Creek Digital’s Anthony “Pomp” Pompliano, one of the sector’s most vigorous supporters, to its board. That’s not a consequence because, according to the company’s announcement, the round was also led by Morgan Creek Digital, with participation from MUFG Innovation Partners and...

Mike Cagney, famous for being the founder and CEO (since 2017 ex-CEO) of SoFi fintech company, is reportedly aiming to raise funds money via another firm. Cagney co-founded a two-year-old San Francisco-based fintech firm known as Figure Technologies.By February 2019, Figure had already managed to raise $120 million in equity funding. The amount was brought to the project by a group of prominent investors including partners at DST Global, RPM Ventures, Morgan Creek, Ribbit Capital, Nimble...

MasterCard announced that it is partnering with food track-and-trace software provider Envisible. Through that partnership, the companies will create a blockchain-based supply chain platform that will enable supermarkets to trace the origin of seafood sold at Topco Associates. Topco is a $14 billion food cooperative that is based in Illinois.Envisible’s new Wholechain traceability infrastructure will be powered by Mastercard’s blockchain-based Provenance Solution service. Announced on October...