The Sometimes Dubious Practice of ICO Advisors

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The world of initial coin offering (ICO) investing is chock full of peril and risk, as well as opportunity. Purchasing a tokenized asset has become a trip to Vegas-like event as investors attempt to discern which ICO will rise and which offering will quickly plummet…. Read More

EY Unveils New Blockchain Audit Technology

EY announced on Monday the launch of its new blockchain feature, EY Blockchain Analyzer. The company described the feature as a suite of blockchain audit technologies that enhances the ability to perform an in-depth review of cryptocurrency business transactions. EY reported that the EY Blockchain… Read More

Five Points Brewing Surpasses £950,000 During the Final Days on Crowdcube

With its equity crowdfunding campaign set on Crowdcube to close later this week, UK-based Five Points Brewing Company has successfully secured more than £950,000 thanks to over 1350 investors. The funding round was launched last month and quickly secured its initial £750,000 funding target. Founded in 2013,… Read More

Innovation Cred: Goldman Sachs Hires Cryptocurrency Trader in Move to Satisfy Client Demand

Goldman Sachs is not just embracing Fintech change in digital banking with leading online lender Marcus but the global investment bank is adding names to its long rumored cryptocurrency trading desk. Meanwhile, other big banks continue to stare and wonder why. Tearsheet has reported that… Read More

Ovefunding: We Build Bots Surpasses £500,000 Funding Target on Seedrs

Less than a month after launching its equity crowdfunding campaign on Seedrs, We Build Bots (IntelAgent) has successfully secured its initial £500,000 funding target and is nearing £575,000 thanks to more than 300 investors. Founded in 2016, We Build Bots has built AI-powered ChatBot platforms for customer service… Read More

N26 Now Offering Google Pay in Belgium, Ireland, Slovakia, & Spain

German mobile bank N26 announced on Tuesday it is now offering Google Pay in Belgium, Ireland, Slovakia, and Spain. The bank reported it has a strong focus on innovation and its international expansion, along with aiming to  consistently strives to make the most modern products available to its customers…. Read More

CFTC’s Fintech Innovation Initiative LabCFTC is Crowdsourcing Science Prize Competition Act

LabCFTC, the Commodity Futures Trading Commission’s (CFTC) Fintech initiative, is requesting public input to gather ideas and topics for innovation competitions to advance the agency’s Fintech goals. “We launched the LabCFTC initiative to stimulate and promote market-enhancing Fintech solutions,” said CFTC Chairman J. Christopher Giancarlo…. Read More

Next Generation UK Rental Platform Movebubble Nears Halfway Crowdfunding Goal on Seedrs

Currently available in London, in 24 months Movebubble has connected over 150,000 renters with properties. Pre-valued at £3,907,392, Movebubble has synced with Seedrs to raise £800,002 for 16.99% equity; to date, over £383,487 — more than 47% — of its goal has been reached with the help… Read More

OnDeck Announces $100 Million Revolving Credit Facility Closing

Online lending platform for small business OnDeck announced last week the closing of a $100 million asset-backed revolving credit facility with Pioneers Gate LLC, a lending vehicle of a life insurance company managed by 20 Gates Management. According to OnDeck, the new facility provides the longest revolving funding… Read More

ADGM Enters MOU with Shanghai Stock Exchange: Co-Operating on “Belt and Road” Exchange

Abu Dhabi Global Market, the international financial centre of Abu Dhabi, UAE (ADGM) and Shanghai Stock Exchange (SSE), China’s largest securities exchange, have today entered into a Memorandum of Understanding (MOU) to co-operate on the establishment of a “Belt and Road” Exchange in ADGM.  This… Read More

Funding Circle Opens Innovative Finance ISA to New Investors

Small business lending platform Funding Circle announced last week it has opened its Innovative Finance ISA (IFISA) to new investors. The online lender reports that the Funding Circle ISA now offers a tax-free projected return of 7.2% or 4.8% per year. to quickly build a… Read More


MyEtherWallet Enduring Hack Now. Do Not Use

A user of the MyEtherWallet reported on Reddit about one hour ago that their wallet has been hacked for .09 ETH. The user logged into their wallet this AM and noticed that the wallet interface had an “invalid connection certificate” in the corner. The user… Read More

Growth Street Celebrates Full FCA Authorization & New GrowthLine Lending Product: Need to Borrow £2M?

UK alternative finance firm Growth Street has been granted full FCA authorization,  a significant milestone for Growth Street, which had been operating as an Appointed Representative of Resolution Compliance Limited since 2016. “We’re delighted to be fully authorized and regulated by the FCA. It’s a… Read More

UK Fintech Humaniq Implements Smart bioID System to Further Strengthen Outgoing Transaction Security

UK-based fintech Humaniq announced on Tuesday it has implemented additional bioID settings that will act as an extra safeguard be integrated into Humaniq app, which the company reports has already had more than 100,000 downloads in the Google Play store. Humaniq reported: “Humaniq is seizing the opportunity… Read More

Life Line: Overstock Backs Elio Motors with $2.5 Million Share Purchase, Elio to Issue Security Token

Elio Motors(OTCQX:ELIO) has received a much needed investment from Overstock.com. According to a public release, Overstock has agreed to purchase $2.5 million in Elio shares at a price of $2.75 per share. Simultaneously, Elio Motors announced its intent to do an initial coin offering for… Read More

ABN AMRO to Host Hackathon To Help Build Bank of the Future

Dutch megabank ABN AMRO announced on Monday it will be hosting a Hackathon during the second Beyond Banking Days to help build the bank of the future. According to the bank, the upcoming Hackathon will offer participants the opportunity to present their ideas for banking in… Read More

Crowd for Angels Updates Investors Following ICO

Crowd for Angels launched an initial coin offering (ICO) pertaining to a “Liquid Crypto Bond” in March. The token offering closed on March 31st with the  Angel cryptocurrency commencing trading on the GetBTC exchange on April 12th. Investors in the Bond apparently received free Angel… Read More

Finastra’s Blockchain-Based Solution Fusion LenderComm Goes Live

UK fintech Finastra announced on Tuesday its blockchain-based solution, Fusion LenderComm, is now commercially available as an app on R3’s Corda platform for financial institutions operating in the syndicated lending market. The launch was announced at the LSTA Operations Conference in New York. Finastra reported that following a pilot,… Read More

Dr. Liam Fox: Fintech is a Driver of the Future Landscape of Financial Services

Dr. Liam Fox, the UK Secretary of State for International Trade, delivered a speech today outlining how the UK government will support the future of financial and professional services. Fox noted that finance is a very important sector of trade as the UK has a… Read More

Longfin Receives Reprieve from SEC Temporary Asset Freeze

Longfin Corp. (NASDAQ:LFIN), is reporting that Judge Denise L. Cote has vacated the Temporary Restraining Order (TRO) that froze the assets of the company. The Securities and Exchange Commission (SEC) obtained a court order freezing more than $27 million in trading proceeds from allegedly illegal… Read More