Fintech & Goldman Sachs: Parsing the Most Recent Earnings Report

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Goldman Sachs (NYSE:GS) issued its Q2 earnings report this past Tuesday (July 16). Goldman’s shares moved higher following the release after beating expectations on both the top and bottom lines. Goldman also announced an increase in the capital return program including an increase in the… Read More

Wirecard Announces partnership With European Digital Automotive Platform AUTO1

Germany-based fintech Wirecard announced on Thursday it has formed a partnership with AUTO1 Group, a European digital automotive platform. According to Wirecard,  the agreement was created through SoftBank’s existing partnership with Wirecard and AUTO1 Group and will cover several products in the area of digital… Read More

SoFi Appoints Aaron Webster As New Chief Risk Officer

Fintech unicorn SoFi announced on Thursday it has appointed Aaron Webster as its new Chief Risk Officer. Webster will notably be overseeing all of SoFi’s risk, fraud, and credit management frameworks, and will lead its credit risk and underwriting activities. Webster notably joins SoFi from… Read More

N26 Extends Series D Funding Round to $470 Million; Now Valued at $3.5 Billion

N26, a European digital-only bank, announced on Thursday a $170 million extension of its Series D funding round to $470 million. N26 reported that the extension drives the bank’s valuation to $3.5 billion, claim it to be the highest valued German startup. To date, N26 has raised more… Read More

Securities Attorney Joshua Klayman Joins Linklaters as US Head of Fintech plus Blockchain & Digital Assets

Global law firm Linklaters has announced the appointment of Joshua Ashley Klayman as US Head of Fintech and Head of Blockchain and Digital Assets. Klayman will be operating out of the New York office of the 175-year-old, UK based law firm. Klayman is well known… Read More

High Interest Rate Business Loans Got You Down? Crowdfunding Platform Honeycomb May Have the Solution

Sure, banks do not like to provide small business loans. Too much work, too much risk and no money in it for them. A plethora of online credit providers has moved in to fill the gap. Supply meets demand. But sometimes fast finance from an… Read More

United Kingdom: Best Ever Early Stage Investment Market as Fintech is King & Crowdfunding Levels Out

Brexit be damned. At least, so it seems. The UK is rocking early-stage equity investments, according to Beahursts 6 month report. While the political class agonizes over what may happen when the European divorce is final, investors continue to shoulder risk in the UK market… Read More

Klarna Announces New Collaboration With British Contemporary Fashion Brand Superdry

Payment processing platform Klarna announced on Thursday it has formed a new partnership with British contemporary fashion brand Superdry. Through the partnership, Superdry customers are now able to Pay later or Pay in 3 in the UK, and later this month will be able to Pay in 4 in… Read More

Crypto Valley: First CV Labs Incubation Group Completes Program

The first CV Labs incubation program is said to have ended in success as 12 startups from 8 different countries exited the incubator with an aggregate valuation of $10 million, according to a release. Crypto Valley reported that over 600 applicants applied for the incubator…. Read More

BizEquity Announces Fintech Application “Enterprise ROI Guarantee” for Financial Services Firms & Advisors

Fintech

U.S. fintech and online provider of business valuation big data BizEquity announced on Thursday its new application, Enterprise RIO Guarantee, for financial service firms and their advisors. It was revealed: “BizEquity is committed to democratizing business valuation knowledge for the business owner, and to that end,… Read More

Netherlands: Alternative Finance Topped €1 Billion in 2018 as Strong Growth Continues

Alternative finance surpassed € 1 billion in 2018 in the Netherlands as sector growth continues, according to a report from Stichting MKB Financiering. Ronald Kleverlaan, a representative from Stichting and note alternative finance expert, commented on the report: “The Dutch Alternative Finance market has reached… Read More


China Lending Announces New Partnership With Rui Xin Insurance Technology

China Lending Corporation (NASDAQ: CLDC), a non-bank financial corporation servicing micro, small and medium-sized enterprises in China, announced earlier this week it has entered into a five-year strategic partnership agreement with Rui Xin Insurance Technology (Ningbo) Co., Ltd, a fintech company providing comprehensive insurance solutions…. Read More

Insurtech ZhongAn Online Shuffles Executive Leadership

ZhongAn Online P & C Insurance Co. Ltd. (6060:HK), a Chinese Insurtech backed by Alibaba founder Jack Ma and Tencent founder Pony Ma, has announced multiple changes to its executive leadership. ZhongAn went public in Hong Kong in 2017. At that time, it was Hong… Read More

IOST Blockchain Partners with Boomstarter Platform

The IOST Foundation has “completed an integration” with Eastern European rewards/donation platform Boomstarter, according to a note from the company. The goal is for the two entities to make $IOST a global fundraising currency to support entrepreneurs and builders in an international expansion plan spanning… Read More

Congressman McHenry Looks to Support Responsible Innovation During Libra Hearing

Congressman Patrick McHenry, Ranking Member on the House Financial Services Committee, told his fellow members at the Libra hearing today to “go beyond the headlines” when probing Facebook’s project to create a global payment ecosystem. The hours-long hearing saw David Marcus, head of Libra, hammered… Read More

tZero Appoints New Executives to Support Platform Growth

tZERO, a subsidiary of Overstock (NASDAQ:OSTK) and a leader in the security token issuance and trading sector, has announced several new hires. According to the company, Brooke Navarro has been appointed Head of Issuance. Michael Mougias joins tZero as Head of Investor Relations and Alexandra… Read More

Legion M Returns for 5th Crowdfunding Round Using Reg A+

Legion M, a fan-owned film company, has re-opened its Reg A+ offering for round number 5 of crowdfunding. The offer is now live on Wefunder. To date, Legion M reports that it has raised over $7 million via equity crowdfunding, backed by 16,000 fan-investors to… Read More

Embattled Vancouver Blockchain Consultancy, Vanbex, Targeted in Additional Lawsuit

Vanbex, a Vancouver-based “blockchain consultancy” now contending with a formal fraud investigation and civil forfeiture actions, has been slapped with a civil lawsuit by a former employee. According to Business Vancouver, lawyer Blair Hogg filed documents naming Vanbex Group Group, Inc., Vanbex Labs, Inc.  Vanbex… Read More

Hackers Sell Bitcoins Stolen from Binance…on Binance

Binance, a major cryptocurrency exchange that suffered a $44 million USD hack in May, recently processed some of the Bitcoins stolen from it on behalf of the hackers, digital currency Regtech firm Coinfirm reports. According to data Coinfirm furnished to Coindesk, hackers have been moving… Read More

On Eve of Regulated ICOs in France, Minister of the Economy Bruno Le Maire Tweets About Concerns Regarding Facebook’s Libra at G7 Meeting

Bruno Le Maire, the French Minister of the Economy and supporter of cryptocurrency, has been tweeting about virtual currencies today during meetings of the G7 taking place in France. Le Maire has been a vocal supporter of blockchain technology and a strong voice in support… Read More

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