Three French Banks Sign with Finastra for Blockchain Loans Platform

According to the British financial software firm, Finastra, three banks have signed onto the blockchain-based loans platform. The three banks are based in France, BNP Paribas, SocieteGenerale and Natixis, have joined Fusion LenderComm, a syndicated lending platform. Fusion LenderComm is based on Corda Enterprise, which is R3’s open source platform, which enables banks to share…

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Blockchain Firm Raises $6 Mln From Major Energy Companies, Saudi Aramco Subsidiary

American blockchain startup Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. The news was published by energy-focused news outlet Worldoil on May 8. In a Series A equity funding round, Data Gumbo ostensibly raised $6 million from companies such as Saudi Aramco Energy Ventures, the…

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