Hello everyone. This is your daily tech and business briefing from cheddar news
Blockchain network polygon raised 450 million in their first major funding round.
This was led by Sequoia Capital India
polygon builds itself as a decentralized ethereum scaling platform
that allows developers to build scalable and user friendly,
decentralized apps.
As of January 20, the company has processed more than 1.3 billion transactions.
Meanwhile,
financial super app vivid money has now raised
114 million in their latest funding round.
That now values the company at 886 million.
The Berlin Challenger Bank has around 500,000
customers that offer a basic checking account
as well as stock and crypto trading options,
vivid money aims to add more services in the near future.
This is they begin expanding to the rest of europe and boutique hotel platform.
Numa group raised 45 million in their latest funding round
that was led by D E N Capital Group.
The platform offers around 2500 boutique hotels across
major cities throughout europe and partners with investors,
property owners and hotel operators.
All the developed tech based units.
Numa designed to increase profits for
those operating hotels through automated business processes
and intelligent pricing
and that's your cheddar news business to tech update.
I'm baker machado coming to you from cheddar studios in lower Manhattan.
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