Mulling an ICO? Look Beyond Glitzy Ads, Ask Tough Questions

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  It’s fair to say there’s been a huge swell of investor interest in Initial Coin Offerings (ICOs) – from crypto enthusiasts and retail investors, increasingly through even to institutions. These ‘token sales’, involving  the sale of newly minted coins based on Ethereum, saw businesses… Read More

Kabbage Survey Says: Most Successful SMB Owners Turn Profit within First Four Years of Business

Kabbage, Inc., a global financial services, technology and data platform serving small businesses headquartered in Atlanta, released survey data that uncovers insights from 500 established small businesses and the key moments that triggered their growth. The results offer entrepreneurs applicable lessons from experienced business owners… Read More

Queen Máxima of the Netherlands to Address Cambridge Centre for Alternative Finance Annual Event

Her Majesty Queen Máxima of the Netherlands will address the Cambridge Centre for Alternative Finance (CCAF) next week as part of its annual event at the University of Cambridge. Queen Máxima will be speaking in an official capacity as the UN Secretary General’s Special Advocate… Read More

SoFi Launches Bank Like Service: SoFi Money

It is a truism that we need bank like services but we really don’t need banks. The portfolio of services offered by a traditional analog bank sometimes feel cobbled together. Difficult to manage and expensive to use. Current accounts is an excellent example. For some… Read More

First Investment Offer Qualifies Under Intrastate Crowdfunding Rule NC Paces Act

North Carolina is one of many US states that pushed forward with intrastate crowdfunding rules. In some states, the rules were more rational than the federal Reg CF exemption created by the JOBS Act of 2012. North Carolina is one of those states. According to… Read More

US Government Employees Must Disclose Crypto Holdings

The US Office of Government Ethics (OGE) has issued guidance to government employees stating that, for the time being, the OGE regards cryptocurrencies as investments and Government employees must disclose their holdings. A document entitled, “Guidance for Reporting Virtual Currency on Financial Disclosure” issued June… Read More

Antonopoulos Calls Ether: “The Most Credible Utility Token out There”- Lawyer Bristles

“I don’t really see Ethereum’s pre-sale being an ICO.” And thus begins one of the latest videos posted by widely-respected cryptocurrency commentator, writer and technologist Andreas Antonopoulos on his YouTube site. Ether was issued as a genuine utility token, Antonopoulos believes,  and not as a… Read More

Dash Teams Up With AloGateway to Facilitate B2B Payments Globally

Dash, the top digital currency for payments, announced on Wednesday it is teaming up with global payments provider AloGateway to facilitate B2B payments globally. According to Dash, through the new partnership, merchants around the world can now send, receive, and hold Dash and other major cryptocurrencies,… Read More

KeyBank Acquires Digital Lending Platform For Small Businesses Bolstr

On Wednesday, KeyBank announced it has acquired digital lending platform for small businesses Bolstr. According to Key, the fintech software, which is expected to be implemented later this year, will enable the banking group to provide faster and easier access both to SBA loans and to… Read More

Danish Payments Platform Nets Expands Into Poland Thanks to Acquisition of Dotpay/eCard

Nets, a Denmark-based payments platform, announced on tuesday it has expanded into Poland thanks to the acquisition of payments service providers Dotpay/eCard. According to Nets, Andrzej Budzik will continue as CEO of Dotpay/eCard and will report directly to Asger Hattel, Head of Merchant Services in Nets,… Read More

Apple Pay Coming to Revolut?

Earlier this week, Revolut tweeted out that something “huge” is coming to the Revolut App. The digital bank already enables cryptocurrency trading, so what could it be? Speculation is that since it has to do with paying with your phone – it must be Apple… Read More


Chinese Fintech PINTEC Launches Installment Financing on E-Commerce Platforms

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Wednesday it has launched installment financing on its e-commerce platforms. This news comes just a couple of weeks after PINTEC secured $103 million through its latest financing round, which as led by Mandra Capital and SINA Corp…. Read More

PayPal Acquires Global Payout Platform Hyperwallet

Online payments giant PayPal announced on Tuesday it has acquired global payout platform Hyperwallet for $400 million. The latest acquisition reportedly enhances PayPal’s capabilities, which will improve the company’s ability to provide an integrated suite of payment solutions to e-commerce platforms and marketplaces around the… Read More

SharePost Secures $15 Million During Series C Funding Round to Accelerate Security Token Trading

SharesPost, a provider of late-stage private company liquidity solutions and private capital markets research, announced on Wednesday it secured $15 million during its Series C funding round, which was led by LUN Partners and Kenetic Capital. Funds from the Series C funding round will go towards… Read More

SEC Obtains Additional Order to Freeze PlexCoin ICO Assets

The Securities and Exchange Commission (SEC) has received an additional emergency court order freezing the assets of Dominic Lacroix. The freeze is part of an ongoing enforcement action that stems from some time ago. The SEC had previously sued for securities fraud and had obtained… Read More

Interac Opens Outpost & Accelerator Innovation Lab at Communitech

Interac Corp. announced earlier this week the launch of its new Interac Lab, which is described as an innovation outpost and accelerator at the Kitchener-based tech hub, Communitech. According to Interac, the Interac Lab will support research and development, offering a space for hands-on experimentation…. Read More

Bright Will Provide Global Loans to Businesses in Decentralized Marketplace, Plans Token Sale

Bright, company that is developing a “verified business data ecosystem using data provided by the MSMEs,” says it will use the information to provide loans to businesses. Bright said it will provide loans to businesses through BrightBank and allow MSMEs (micro, small and medium sized… Read More

Regtech is Hot and IBM’s Watson is On It

IBM’s Watson, an artificial intelligence initiative (AI), is moving into Regtech. This should really come as no surprise to anyone as Regtech and AI are a perfect match. All of financial services will be digitized and fueled by the internet. Fintech is the future. But… Read More

Center for Financial Services Innovation Acknowledges Financial Health Leaders including Fintechs

The Center for Financial Services Innovation (CFSI) has announced its list of 2018 Financial Health Leaders.  CFSI states that these firms are “at the forefront of financial health measurement and show their commitment to consumer financial health.” The list (below) includes a good number of… Read More

John McAffee Says He is No Longer Working with ICOs Due to SEC Threats

John McAfee, a somewhat controversial individual and founder of the software company McAfee Associates, an anti-virus – security firm, has forsaken the cryptocurrency industry. In a series of tweets, McAfee said; “I am no longer working with ICOs nor am I recommending them, and those… Read More