This Week in Fintech: TFT Bi-Weekly News Roundup 20/05

  • Date: 20-May-2021
  • Source: The Fintech Times
  • Sector:Financial Services
  • Country:UAE
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This Week in Fintech: TFT Bi-Weekly News Roundup 20/05

Eficode , the DevOps company, has unveiled the acquisition of Beecom AG , an Atlassian consultant in Switzerland. It says the move will aid the accelerated growth of the Eficode ROOT DevOps platform. Beecom has more than 200 customers in Switzerland in banking, automotive, business services and security. Samana Developers now accepts Dogecoin cryptocurrency as a payment option for its upcoming residential project in Jumeirah Village Circle Dubai . It will use Cayman-islands based Binance cryptocurrency exchange for payments. The Spanish Fintech and Insurtech Association has invited Cobertoo, Regtech Solutions , Mi Legado Digital , Onyze and Pensumo for its Sandbox project. Sandbox promotes the generation of new initiatives in the fintech ecosystem, facilitating access to financing and fostering greater competition. Projects are authorised by the General Directorate of Insurance and Pensions (DGSFP) to help develop new projects by insurtechs. The Mauritanian Bank for International Trade (BMCI) has a network of 52 branches and more than 200 partner-businesses following the launch of its digital bank Masrvi last month. It partnered with TagPay to use its next-generation core banking system for rolling out Masrvi. Meanwhile, Hub71, Abu Dhabi’s global tech ecosystem, has selected 16 tech startups from 11 countries to join