Fintech Deals for Startups
"The" Modulus Startup Program, Designed to Fast Track the Development of New Spot and Derivatives Cryptocurrency Exchanges
The Startup Program is designed to help newly launched companies by offering a source code and consulting services
The most important questions to ask an exchange provider
- How long have you been in business?
- What makes you better than other solution providers?
- Where are you located?
- Have any of your clients ever been hacked?
- Do you guarantee your product?
- Do you provide full source code?
- Do you take a percentage of my profit?
Announcement
A pause in licensing 4/15/2024
Modulus has decided to pause the licensing of the exchange solution starting May 1st until further notice as they undergo significant changes to the business model.
If you're interested in licensing the exchange within the upcoming 30 days (the same solution that powered FTX and others), we would appreciate it if you could inform us.
We will provide a free, no-obligation assessment and business plan, and even help you obtain funding to launch your fully-regulatory compliant cryptocurrency exchange
09/18/2024
Modulus to Stop Licensing Software
Thank you for your interest in Modulus; your consideration has been greatly appreciated.
Modulus has made the strategic decision to discontinue the sale of all digital assets technology offerings, including exchange solutions, custody systems, market-making software, and trading platforms. This change will allow us to refocus efforts on quantitative finance. Additionally, we are excited to announce the upcoming launch of our AI-powered quant hedge fund as part of this new direction.
Modulus has not taken this decision lightly. Since 1997, Modulus has provided advanced fintech products to clients such as The Nasdaq Stock Market, J.P. Morgan Chase, Bank of America, Goldman Sachs, Merrill Lynch, HSBC, UBS, Citigroup, BNP Paribas, and thousands of others. In addition, we have provided advanced High-Performance Computing and AI products and services to clients such as IBM, SAS Institute, Rutgers University, the University of Chicago, MIT, Oak Ridge National Laboratory, NASA, and thousands of other corporate, educational, governmental, and non-profit institutions throughout the world.
After this month, Modulus will cease licensing all digital assets software solutions, including software upgrades, technical support, and customizations, without exception. Existing clients may contract third-party service providers for continued support and customizations. We are truly grateful for the trust and interest you have shown in Modulus. While our paths may diverge, we wish you the very best in your endeavors and hope that our paths may cross again in the future, perhaps within the realm of quantitative trading.
Thank you once again for your support.
FINTECH Transformation — is IT all about the Business Agility
IPUZZLEBIZ helps you to evaluate IT aura needs & expectations to boost your digital fintech. We also introduce you to better deals starting with free trials that let us explore your opinions of a modern economy better.
The crypto exchange ecosystem poses several financial stability challenges that need to be addressed
The International Monetary Fund (IMF) has identified operational and financial integrity risks from crypto asset providers, investor protection risks for crypto assets and decentralized finance (DeFi), and inadequate reserves and disclosure for some stablecoins. Policymakers should implement global standards for crypto assets and enhance their ability to monitor the crypto ecosystem by addressing data gaps. As the role of stablecoins grows, regulations should correspond to the risks they pose and the economic functions they perform
Low price is the last refuge of fly-by-night exchange solution providers who fail to care or understand enough to deliver a quality product that won't get hacked in minutes, break under minimal load, or hold up against the requirements of strict government regulators.
That’s why most other exchange solution providers are domiciled in countries which are far outside the legal reach of their clients.
IPUZZLEBIZ helps offer high-quality exchange solutions. We do not provide cheap “scripts” that break under a moderate load or get hacked with minimal effort. That’s the Modulus Difference!
The World's
Most Reliable, High-Performance, Turnkey Futures & Margin Exchange Software Solution for commodities, digital assets, and more.
An estimated 30% of the daily U.S. stock market volume is processed through systems using Modulus software.
Modulus has developed one of the world's largest financial technology source code repositories, containing over 25 million lines of reusable source code.
For nearly 20 years, Modulus has powered a significant portion of the Indian capital market infrastructure, and we maintain a notable presence in other countries as well.
Modulus clients include The Nasdaq Stock Market, Bank of America, JP Morgan Chase, Goldman Sachs, Merrill Lynch, Fidelity, Questrade, Zerodha, Investopedia, TradeStation, Lightspeed, cTrader, eToro, dozens of digital asset exchanges (previously BitMEX, FTX, Celsius, etc.), and thousands of others.
Modulus technology is utilized by numerous prominent proprietary trading firms and hedge funds throughout the world.
In 2010, Modulus developed a system using Cloud-based Natural Language Processing to analyze social media messages for stock price prediction. This system has grown significantly, processing vast amounts of data.
In 2015, NASA utilized Modulus's high-frequency data and charting solution to process and display large volumes of data points in real-time, analyzing telemetry and health data from the International Space Station.
Modulus is a founding member of the American Society for Artificial Intelligence in Washington D.C. Modulus has been awarded patents in financial technology and AI, including advancements in Large Language Models.
Parade Magazine has recognized us as “a globally recognized subject matter expert for more than two decades... on AI and financial software development." We have also been featured by Fox News as a notable proponent of responsible AI regulation, alongside Congressman Ted Lieu and others.
Maintain Competitive Edge — Leasing Made Simple
Leasing – for greater flexibility. IPUZZLEBIZ is partner with the best of the breed tech provider companies, offering purchase options with competitive advantage of making your business flexible and agile.
Hot Deal
YOU MAY BE QUALIFIED FOR OUR ㉐ SEED STAGE VENTURE CAPITAL FUND WHICH INVESTS IN COMPANIES AT THE INTERSECTION OF FINANCE AND TECHNOLOGY, INVESTING BETWEEN $100K AND $10 MILLION.
Our expertise has been recognized by major media outlets including Bloomberg, Reuters, Forbes, International Financial Law Review, S&P Global, CIO Magazine, Nasdaq, Business Insider, The History Channel, Yahoo! Finance, Benzinga, The Detroit Free-Press, US News & World Report, Information Week, ETF Trends, The Business Journals, Asia Times, MoneyWeek, Hacker Noon, IB Times, and dozens of other regional and industry-related publications.
We have also provided expert editorial review for technology books published by Wiley & Sons.
Modulus Startup Program Makes Bloomberg 6/4/2024
Modulus is excited to announce that Adriatic Crypto Exchange (ACX), a cryptocurrency exchange from Banja Luka, received an investment worth $3.5MM through the Modulus Startup Program. This comes eight months after the exchange's launch and has been heralded by Bloomberg Adria as "a turning point and a new era for the regional crypto scene."
Every day, about 30% of the U.S. market share goes through Modulus software. Modulus counts Nasdaq, Bank of America, JP Morgan Chase, Goldman Sachs, TradeStation, eToro, NASA, Raytheon, Microsoft, IBM, Siemens, Yahoo and many other well-known brands among its partners and clients. With the world's largest library of intellectual property, Modulus holds patents in financial technology for rapid compliance mechanisms, as well as in AI technology for large language models.
Modulus CEO Richard Gardner will serve on the exchange's advisory board, commenting that the ACX team brings "dedication and expertise, especially in the field of crypto exchanges." The exchange fits "perfectly with Modulus' vision and values."
Modulus looks forward to the success of the many operators who have taken advantage of the company's startup program. Through this initiative, Modulus aims to foster innovation and support emerging companies in the fintech and cryptocurrency sectors. The Modulus Startup Program offers access to cutting-edge technology, in addition to industry expertise. This comprehensive support is designed to help startups navigate the complex regulatory environment and accelerate their growth.
The investment in ACX underscores Modulus’ commitment to advancing the global adoption of cryptocurrency. Modulus remains dedicated to supporting the next generation of fintech innovators, ensuring they have the resources and expertise needed to succeed. The company is confident that its investment in ACX will yield significant industry impact.
About Modulus
Since 1997, Modulus has provided advanced financial technology products and services to financial exchanges; brokerages; trading firms; hedge funds; and educational, governmental, and non-profit institutions throughout more than 100 countries.
The company's products and services reach millions of users around the world. Modulus is the largest holder of fintech IP on the planet.