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BNL Growth Partners Joins $100M Life.Sreda Banking On Blockchain Fund As Lead Partner

Wednesday 27th July, 2016

The ’smartmoney’ company of former IND Group founders has partnered up with the Banking on Blockchain Fund to fuel investments and facilitate banking use cases in the Central and Eastern European (CEE) blockchain space. Founded by financial technology consultant Chris Skinner and the Singapore-based venture capital firm Life.Sreda, the Banking on Blockchain Fund (BB Fund) is raising $50m by the end of the year, with an additional $50m to be raised in the first half of 2017. “Life.Sreda, whose portfolio primarily focuses on FinTech and payments, has committed $5m, and the Fund has an additional $20m in soft-commitments from financial institutions so far,” says Thomas Labenbacher, managing director of the fund.

Accountant jailed for tax fraud

Tuesday 26th July

An accountant who set up bogus businesses and used former clients’ details to try to steal more than £86,000 in tax repayments has been jailed.

KDS and Booking.com partner for corporate travellers

Wednesday 20th July, 2016

KDS, a global provider of corporate travel and expense (T&E) management software solutions, has partnered with Booking.com for Business to provide its users full access to Booking.com’s selection of accommodation.

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