Last chance to nominate your Top 100 Women in fintech
Launched in December by BizClik Media Group, the inaugural Top 100 Women celebration has received an unprecedented response as colleagues and peers recognise the efforts of leading women in our industry.
Focusing on influential women working in Technology, FinTech and Supply Chain, the Top 100 Women will be an annual supplement published to coincide with International Women’s Day – which this year takes place on 8 March 2021.
“I am so pleased to say that we have received thousands of nominations across these key global industries,” says Stacy Norman, Chief Operating Officer, BizClik Media Group. “At a time when companies are facing unprecedented challenges, it speaks volumes that women are rightly being recognised for their leadership and vision.
“I’d like the thank everyone who has nominated so far and encourage others to take just two minutes to put forward their own women who are making a difference and leading the digital transformation.”
Nominations will close at midnight on 31 January 2021, with special digital supplements for FinTech Magazine, Supply Chain Digital and Technology Magazine released on 8 March.
“We can’t wait to share details of who has made the Top 100 Women lists,” says Norman. “All nominations really do count so I encourage everyone to have their say and celebrate the women having a positive impact on your industry.”
Click HERE to nominate.
Amber Group Valued at US$1bn in $100m Funding Round
Amber Group, a cryptocurrency financial services firm, has raised US$100m in a Series B funding round at a pre-money valuation of $1bn.
The funding round was led by Chinese investment firm China Renaissance, and other participants in the Series B include Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, Sky9 Capital, DCM Ventures and Gobi Partners. Existing investors Pantera Capital, Coinbase Ventures and Blockchain.com also joined in.
Michael Wu, co-founder and CEO of Amber Group said in a statement that the funding would be used to “expand global operations to meet client demand and develop market solutions for the world’s leading crypto investors and companies.”
“We’ve had record months over the past quarter across both client flow and on-exchange market-making volumes,” Wu said in a press release. “Our cumulative trading volumes have doubled from $250 billion since the beginning of the year to over $500 billion.”
Cryptocurrencies are becoming increasingly popular, with many people investing, although not everyone seems to know what they are investing in. Using survey data collected from 750 investors earlier this year, Cardify found that only 16.9% of investors who have bought crypto “fully understand” the value and potential of cryptocurrency, while 33.5% of buyers have either zero knowledge about the space or would call their level of understanding “emerging.”
Who is Amber Group?
Amber Group is a global crypto finance service provider with a presence in Hong Kong, Taipei, Seoul, and Vancouver. Founded in 2017, Amber Group services over 500 institutional clients and has cumulatively traded over $330 billion across 100+ electronic exchanges, with over $1 billion in assets under management. The company said that its assets under management, or AUM, reached $530 million in 2020, representing a 275% increase from the previous year.
Instead of being a cryptocurrency exchange that allows users to trade individual digital coins, Amber Group CEO Michael Wu said the company is bringing a “private banking experience to the everyday customer.”
Their goal is to optimise investment flexibility, maximise investment returns and deliver long-lasting value for their clients. In 2019, Amber Group raised $28 million in Series A funding led by global crypto heavyweights Paradigm and Pantera Capital, with participation from Polychain Capital, Dragonfly Capital, Blockchain.com, Fenbushi Capital, and Coinbase Ventures.