March 24, 2019 @ 9:46 pm By Samantha Hurst  |  

UK coffee and cocktail shop, Grind, has returned to equity crowdfunding platform Crowdcube and has not only secured its initial £1,350,000, but is now nearing £3 million from more than 1360 investors. The latest funding round comes less than two years after the company raised… Read More

March 24, 2019 @ 9:03 pm By Samantha Hurst  |  

PIVOT Fintech Pte. Ltd., the digital wealth management technology services venture backed by Pintec Technology Holdings Ltd. (NASDAQ: PT) and FWD Group, announced last week it has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). Launched in 2017 by… Read More

March 24, 2019 @ 8:31 pm By Samantha Hurst  |  

Monevo, a U.S.-based personal loan marketplace, announced last week the launch of its personal loan API, Credit Staq, which allows Monevo partners, including comparison sites, fintechs and consumer brands to present and compare pre-approved loan offers from the platform’s panel of personal loan lenders natively… Read More

March 24, 2019 @ 6:04 am By JD Alois  |  

KRONN Ventures AG, a Switzerland based blockchain focused company, has signed a memorandum of understanding(MOU) with Linh Thanh Group, for the “production of cryptocurrency and the establishment of cryptocurrency exchange” in Vietnam. According to a release, the group has received a license from regulators to… Read More

March 24, 2019 @ 3:27 am By JD Alois  |  

Republic, a Reg CF securities issuance platform, has acquired RenGen Labs a private equity platform that has operated in the initial coin offering/security token offering sector. RenGen was previously operating as SaftLaunch but rebranded in April 2018. At that time, the company indicated its interest… Read More

March 23, 2019 @ 1:30 pm By JD Alois  |  

This week, the House Financial Services Committee issued a note on upcoming hearings scheduled to take place in early April. Amongst the group are several interesting topics for the realm of Fintech. On Tuesday, April 9 at 10AM the Subcommittee on Consumer Protection and Financial… Read More

March 23, 2019 @ 12:30 pm By Cali Haan  |  

Alexander Vinnik, a 39-year-old Russian national accused by three countries of crimes involving bitcoins, including money-laundering and fraud, has filed an appeal with a court in Piraeus, Greece, asking that he be released from prison on humanitarian grounds and returned to Russia, Ekathimerini reports. Vinnik… Read More

March 23, 2019 @ 9:30 am By Cali Haan  |  

A comprehensive malware called “CardinalRAT” has been used to target two Israeli Fintech companies, “who write software relating to forex and cryptocurrency trading,” cybersecurity firm Palo Alto Network writes. Attackers appear to be motivated by financial gain. Once installed, CardinalRAT malware allows attackers to: Collect victim information  Update… Read More

March 23, 2019 @ 6:19 am By Cali Haan  |  

Legal intelligence newsletter JD Supra has published an article advising lawyers on what to do in the event that client files are compromised in a data breach. Data breaches attacks on public institutions and private businesses are becoming increasingly common as hackers find more and… Read More

March 22, 2019 @ 8:27 pm By Samantha Hurst  |  

Borgun, a European payment processor and merchant acquirer, announced earlier this week it has signed an agreement with the fintech and insurtech company novae to support its digital transformation. Borgun reported that it and novae are aiming to co-create solutions in a digital capability framework… Read More

March 22, 2019 @ 8:18 pm By Samantha Hurst  |  

Dragon Den alum GripIt is set to close its latest equity crowdfunding campaign on Crowdcube with more than £1.1 million thanks to over 600 investors. The funding round, which comes less than two years after the company raised more than £2 million through its second… Read More

March 22, 2019 @ 2:57 pm By JD Alois  |  

Yosemite X has launched the “Yosemite Card” – a 0% transaction fee credit card targeting the traditional credit card industry. The company utilizes blockchain to cut “unnecessary fees imposed by banks and other credit card industry players like Visa and Mastercard.” As part of the… Read More

March 22, 2019 @ 1:59 pm By Samantha Hurst  |  

dozens, a “new banking and wealth management alternative,” has successfully secured its initial £3.5 million equity crowdfunding target on Seedrs. The funding round has attracted more than 1660 investors so far. As previously reported, dozens describes itself as a new home for money, one that… Read More

March 22, 2019 @ 1:41 pm By Samantha Hurst  |  

Credijusto, an SME lending platform that is based in Mexico, announced on Friday it has closed a credit facility with Goldman Sachs for up to $100 million.  According to Credijusto, The transaction provides the lender with the funding capacity to further expand its lending across… Read More

March 22, 2019 @ 11:27 am By Cali Haan  |  

Bakkt, a cryptocurrency futures trading and custody platform being built by the Intercontinental Exchange (ICE) in New York, has raised $740 million USD from Series A investors to date, The Block reports. The project raised $182.5 million last year, and new funds may have come… Read More

March 22, 2019 @ 9:12 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that 12 financial institutions have signed up with its second Payment Services Directive (PSD2) solution. Avaloq reported that it launched the service at the end of last year… Read More

March 22, 2019 @ 8:30 am By Samantha Hurst  |  

Cryptocurrency exchange Binance announced earlier this week its entry in the Australian market with the launch of Binance Lite, a secure platform allowing users to exchange cash for digital currency, as well as the hiring of its first Australian employee and committing its investee TravelbyBit… Read More

March 22, 2019 @ 8:04 am By Samantha Hurst  |  

IPC, a global provider of secure, compliant communications and networking solutions for the financial markets community, announced on Thursday it has formed a partnership with Omniex, an institutionally focused investment and trading platform for digital assets, to allow institutional investors to now access a variety… Read More