Seedrs Founder Jeff Lynn: We are experiencing meaningfully higher levels of fundraising and investment activity than the same time last year

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Seedrs is a top UK based investment crowdfunding platform that is active in both the UK and continental Europe. Launched in 2012, Seedrs is a trailblazer in online capital formation for early-stage ventures. Since inception, Seedrs has booked over 1100 funded deals recording about £950… Read More

Fintech Professional Recommends Adopting “Composable” Banking, which he Argues Is More Flexible than Modular Approach

Miljan Stamenkovic, the Regional Director at Mambu, a multinational software-as-a-service (SaaS) banking platform, notes in a blog post published on Trade Arabia that during the last few years, many Gulf or Middle East region countries have been increasingly adopting digital platforms and services. Middle Eastern… Read More

Private Keys Associated with Valuable Digital Assets May Not be Completely Safe or Hack Proof, Cryptographers Explain

Researchers that attended the recent Black Hat security conference confirmed that digital currency exchanges remain vulnerable to hackers. While digital asset trading platforms may have attempted to provide adequate security to protect users’ funds, researchers argue that cryptocurrency exchange attacks have been operating like “an… Read More

Tel Aviv’s Liquidity Capital and Japanese Financial Giant MUFG Establish $80 Million Initiative for Asian Digital Commerce Startups

An Israel-based AI technology firm is planning to help MUFG Bank, which is Japan’s largest financial institution, with assessing the operations of Asian startups in order to determine the feasibility of issuing loans to them. The $80 million 50-50 joint initiative between Tel Aviv based… Read More

Fintech Adoption in India will Lead to More Contactless and Digital Payments, but Cybersecurity Risks Must be Addressed, Industry Exec Says

China and India had the highest Fintech adoption rate (at 87%) out of all emerging markets, as of March 2020, according to a Research and Markets report. The Fintech sector has been expanding during COVID-19 because more consumers and businesses are conducting transactions online. Many… Read More

MoneyTap, India’s First App-Based Credit Line, Enlists Renaud Laplanche to Board of Advisors

  MoneyTap, a Fintech described as India’s first App-based credit line, has enlisted the assistance of Upgrade founder and CEO Renaud Laplanche to the company’s advisory board. Laplanche is also the founder and former CEO of LendingClub, the first marketplace lending platform to go public… Read More

Russian Consumer Bank Sberbank Reportedly Launching Blockchain Platform Built on Hyperledger Fabric

Russian banking group Sberbank is reportedly set to launch a blockchain platform built on Hyperledger Fabric. According to Coindesk, the blockchain system is designed for trade finance, which will include exchanging letters of credit. The media outlet also revealed that Sberbank Deputy Chair, Anatoly Popov,… Read More

Gunning for Hackers: Ethereum Classic Labs to Pursue Criminal Charges Against Perps Involved with Recent Attack on Ethereum Classic Blockchain

Ethereum Classic Labs (ETC Labs), the core developer and organization for the Ethereum Classic (ETC) blockchain, has partnered up with crypto-sleuth firm CipherTrace and Kobre & Kim to uncover the individuals involved in the recent attacks on the Ethereum Classic blockchain. According to a release,… Read More

NextSeed Announces Access to ESG Fund in Partnership with Collaboration Capital

NextSeed, an online investment platform offering securities under the full stack of securities exemptions, has announced a new ESG fund as part of its ongoing partnership with Collaboration Capital. In late 2019, NextSeed announced a merger with Collaboration Capital described as a move to create… Read More

Rental Marketplace Platform Howsy Set to Close Seedrs Round With More Than £2.3 Million Raised

  Howsy, a UK-based rental marketplace platform, is set to close its equity crowdfunding campaign on Seedrs with more than £2.3 million raised from nearly 600 Seedrs investors. The funding round was launched last originally seeking £250,000. Howsy also applied for the Future Fund. Founded… Read More

Central Payments’ Fall Fintech Accelerator Announces Commencement of Fall Cohort

Falls Fintech, the fintech accelerator founded by Central Payments, announced on Monday the commencement of its fall cohort, operating virtually from August 10 to October 30, 2020. According to the program’s officials, Cohort 2 includes a pair of new initiatives from the accelerator. For the… Read More


RateSetter’s Australian P2P Lending Platform Rebrands to Plenti Following Acquisition By Metro Bank

RateSetter, a leading UK based peer to peer lender, has rebranded its Australian P2P lending platform to Plenti. Head of Marketing at Plenti, Sebastian Paulin, shared more details about the rebranding, by stating: “As Plenti, we want to help our customers make the most of… Read More

Strong Customer Authentication, a Requirement to Combat Payments Fraud, Might Lead to Many Customers Abandoning Purchases at Checkout

Strong Customer Authentication (SCA) testing performed by tech giant Microsoft reveals that consumers are actually leaving their planned purchases at relatively high rates when challenged at the time of checkout. SCA is a European regulatory requirement that aims to reduce or eliminate fraudulent activities and… Read More

InvestHK Announces Global Fast Track Program For Fintech Development

Invest Hong Kong (InvestHK) announced on Monday its new Global Fast Track Program, which is a business-driven program within Hong Kong Fintech Week (HKFW). According to InvestHK, the Fast Track program plugs fintech enterprises directly into Hong Kong’s diverse ecosystem of world-class regulators, business leaders,… Read More

SME Accounting and Payroll Software Provider Clear Books Integrates with Payment Processor Stripe

Clear Books, which offers accounting and payroll software to more than 13,000 SMEs, has teamed up with payment processing company, Stripe. The integration should make it easier or more seamless for Clear Books customers to take card payments, which means that businesses will be able… Read More

Billtrust Unveils Business Payments Network 3.0; Announces Record Volumes & New Partnerships

Billtrust, a fintech firm focused on B2B payment cycle management, announced on Monday the launch of its Business Payments Network (BPN) 3.0, which offers support for ACH and wire. According to Billtrust, the new version gives network participants the “flexibility” to automatically transact through the… Read More

New York Department of Financial Services Publishes Updated List for Approved Virtual Currencies for NY Businesses

The New York Department of Financial Services (NYDFS) recently noted that there are several different paths that virtual currency businesses may take to begin using or listing digital currencies like Bitcoin (BTC) and Ethereum (ETH), among many others. The NYDFS is the department of the… Read More

Second Thoughts? Goldman Sachs Takes Another Look at Crypto

At one point in time Goldman Sachs (NYSE:GS), the most prominent investment bank in the world and emerging Fintech powerhouse, was poised to create a crypto trading desk. In May of 2018, Goldman Sachs executive Rana Yared indicated the bank would enter the crypto space… Read More

SoFi Launches Program to Offer $200 Towards Emergency Savings To Those Who Open An Account With SoFi Money

SoFi, one of the most successful Fintechs in the US, recently announced it has launched a program to offer $200 towards emergency savings to all who open an account with SoFi Money. According to SoFi, the program headlines a COVID-19 pandemic-relief package that also includes… Read More

Bitcoin (BTC) Is Evolving from “Tech Stock Growth Behavior” to a Mature Store of Value: Report

During their early stages of development, digital assets have been treated in a manner that’s similar to how technology and commodities have been treated, according to CoinShares, a crypto-asset management company that provides financial products and services for professional investors. A new report from CoinShares… Read More

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