Jessica Pham

Banks, Startups and Trolls to Duke Over Blockchain?

Bitpieces Bitcoin

Reports came out during the holiday season last year of banks quietly stocking up on blockchain patents.  Banks will compete with startups making the same moves.  They will also compete for patents with trolls who suppress innovation. The future of blockchain innovation depends on who… Read More

OFIXU Hits £75,000 Fundraising Goal on Seedrs

ofixu3

OFIXU hit its fundraising goal on Seedrs with a goal of about £75,000 (just over $91,000) to build out its sales and marketing teams.  The campaign hit its mark well before its deadline around mid-February. OFIXU calls itself the “Airbnb for workspaces”, allowing commercial office renters to lease… Read More

Crowdsurfer Secures £1M from Mustard Seed and Other Investors

crowdsurfer

UK-based Crowdsurfer has secured over £1 million (over $1.2 million) in its latest funding round with angel investors.  Backers included Mustard Seed — which backed the company last July — as well as individual investors including the following: Former Global CEO of Standard Chartered Peter Sands; Former Deputy… Read More

Rejuvenation Water Launches Crowdfunding Campaign to Raise £150,000

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London-based Rejuvenation Water launched this week an equity crowdfunding campaign on Crowdcube to expand further in the UK and globally.  After a few days, it has raised £45,960 (approximately $55,000) out of £150,000 (over $182,000).  There are still 26 days left in the campaign.  The company launched… Read More

Canada Fintech Vy for Top Global Ranking; Investments Reach Highest Level

Canada Flag

In addition to Asia’s steady to accelerated growth in the fintech sector, we can now add Canada’s success in the industry.  According to a Reuters report, Canada’s fintech companies saw last year their highest levels of VC-backed investments in nearly two decades.  This occurred even… Read More

Feed Your Dog: Cotswold RAW Crowdfunding on Crowdcube

cotswold-raw-crowdfund

UK-based raw pet food brand Cotswold RAW has launched a campaign on Crowdcube to raise £250K (approximately $317K) for its next business projects.  Focusing on accelerated growth, the company’s spokesperson said that the team intends to “expand the business’s distribution, production, and innovation capabilities”.  Cotswold RAW is… Read More

Hypothetical N26 Account Hacks Remind Fintech Companies to Take Security Seriously

Hacked

For all the joy that quick online banking can provide, it can also cause a lot of headaches if your account is compromised.  Berlin-based fintech company N26 (short for Number26) was accused of numerous security flaws late last year that could have been used to… Read More

JPX to Adopt Blockchain in Trading, TSE Tests Ready by Spring

Welcome to Japan

Japan’s Financial Services Agency (FSA) has cleared the Japan Exchange Group (JPX) to use blockchain in trading, according to Nikkei Asian Review.  Such fintech tools might make trading more efficient.  JPX operates the Tokyo Stock Exchange (TSE), the largest stock exchange in Asia and fourth largest… Read More

Indonesia: New Fintech, P2P Regulations Released

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Indonesia has released a new set of regulations for the fintech sector, in particular, for peer to peer lending platforms. According to a report in Deal Street Asia, the Indonesian Financial Services Authority (OJK) laid out the following rules: Registration – P2P lending (pinjam meminjam) startups must… Read More

Wellesley Aims to Raise £1.5M on Seedrs for Further Expansion

invest-with-wellesley-on-seedrs

Peer to peer lending platform Wellesley has been crowdfunding on Seedrs for almost a month to raise £1.5M (approximately $1.82M). The campaign is currently restricted to Wellesley customers so it is hard to track. Investors have the chance to buy shares in the P2P platform… Read More

RE/MAX Malaysia Crowdfunding Campaign Raises Over MYR 300,000

remax-malaysia

Kellerhhof International Sdn Bhd led RE/MAX Malaysia‘s equity crowdfunding campaign over the past month to aim to raise MYR 200,000 (approximately $45,000).  The campaign on CrowdPlus.asia finished yesterday and resulted in RE/MAX Malaysia successfully surpassing its minimum goal, raising MYR 322,888 (approximately $72,000).  RE/MAX Malaysia offered… Read More

EnergyFunders COO Casey Minshew Discusses How 2017 is the Year of Oil Investing

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Crowdfund Insider had a chance to interview EnergyFunders COO Casey Minshew about the online marketplace’s mission to evolve the way that capital investment and energy projects come together. Founded in 2013 and based in Houston, EnergyFunders describes itself as an online investment marketplace disrupting the energy… Read More

World Bank Invests in Myanmar’s Financial Inclusion, $100M in Credit

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The World Bank established the Financial Sector Development Project to support Myanmar’s SMEs — the latest sign of progress in the country’s economy.  The five-year project includes $100 million in credit, which will be used to allow SMEs increased access to financial services.  The project will… Read More

Fintech Investment in India Picks Up After Demonetization Move

i love fintech

Over 25 startups in the online lending space have rapidly emerged over the past two years, according to TechCircle analysis.  Despite signs that global fintech investment was slowing in 2016, VCCircle‘s analysis for 2017 suggests that such investment may pick up again. Arti Singh and… Read More

Capgemini: Fintech Disrupts Testing and Quality Assurance

capgemini-world-report-fintech-2017

Renu Rajani, Vice President of Capgemini, opined earlier this week that Fintech’s revolution this past year has disrupted trends in testing and quality assurance (QA).  The observation is based on findings further described in the firm’s latest fintech report, World FinTech Report 2017, which was published earlier… Read More

London Financial Services Summit: “Institutions Must Adapt or Risk Obsolescence”

central london

Tapestry Networks and Ernst & Young (EY) published a report this month focused on global revolutionary changes that will affect the financial services sector.  The full version of the report is below. The report is a result of the October 5-6, 2016 Financial Services Leadership Summit in… Read More

Standard Chartered Bank Taiwan Opens New iWealth Digital Branch

Taiwan money 2

Standard Chartered Bank Taiwan opened a digital branch called iWealth in Taipei earlier this month.  iWealth is another component of the London-based bank’s foray into fintech in the Asia-Pacific region.  SC Bank will invest $1.5 billion in Taiwan over the next three years, focusing on… Read More

Indian Demonetization & Rupee Reform: The Uber Moment Fintech Needed?

India Money

When Indian Prime Minister Narendra Modi announced in November that the country would no longer use its R500 and R1000 (approximately $7.50 and $15.00) currencies — which make up 86 percent of all cash in circulation in India — observers questioned the wisdom of the… Read More

China Establishes Asia Fintech Fund of Funds to Focus on M&A

China Flag

China’s Global Times has reported that the country established a foundation focused on financial and technology mergers and acquisitions throughout Asia.  Asia Fintech Fund of Funds (FOF) is based in Beijing and has 10 billion yuan (approximately $1.44 billion) in funding. Asia Fintech is the second… Read More