Société Générale Acquires Renewable Energy Crowdfunding Platform Lumo

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Société Générale, France’s 3rd largest bank and global Nr. 17 announces the acquisition of Lumo, the pioneering crowdfunding platform dedicated to renewable energies Lumo is a French Fintech with strong skills in both crowdfunding and renewable energies which has dedicated itself to accelerating the energy… Read More

Are Initial Coin Offerings Good for the Economy?

At a party this Spring on the 30th floor of an apartment that overlooks Lake Ontario, an accountant said something fascinating. A majority of the recent growth in the North American economy, she claimed, had occurred mainly at the level of stock speculation. The reason… Read More

P2Binvestor Secures Over $17 Million Through Latest Funding Round to Extend Bank Partnership Program

Marketplace lender P2Binvestor (P2Bi) announced on Thursday it secured more than $17 million in funding from over 20 participants to expand its bank partnership program. ACcording to P2Bi, this was its fourth round of funding and, with the combination of debt and equity, brings its total equity… Read More

RealtyMogul Files New Reg A+ for Blind Pool REIT

It appears that RealtyMogul, an online real estate investment platform, is preparing a new fund for investors. According to a filing with the Securities and Exchange Commission, RealtyMogul is looking to offer a new “blind pool” REIT under Reg A+. The offering is seeking up… Read More

Boston’s DCU FinTech Innovation Center Announces Summer 2018 Cohort

The DCU FinTech Innovation Center, a program focused exclusively on fostering pre-seed and seed-stage financial technology companies in New England, announced on Thursday the ten new start-up ventures in its Summer 2018 cohort. As previously reported, the Center is fully funded by Digital Federal Credit Union and… Read More

Real Estate Investment Platform Newchip Secures $2 Million in Seed Funding & Surpasses 50,000 Users

Newchip, a platform that connects new and experienced investors to business and real estate investment opportunities, announced on Thursday it secured $2 million through its latest seed funding round. Along with the funding news, the company declared it has surpassed 50,000 in users. Newchip also welcomed institutional investments… Read More

Revolut Now Offers an App Store for Business Banking

Revolut, a digital only bank that says it is signing up over 120 businesses per day, has launched a new services for their business customers – Revolut Connect. This new feature is described as an “App store” for businesses to help provide easier access to… Read More

SEC Schedules Open Meeting to Consider Multiple Rule Changes

The Securities and Exchange Commission (SEC) has scheduled an open meeting where the Commission will consider the adoption of multiple rule changes. The Commission is considering the adoption of the following issues: whether to adopt amendments to the definition of “smaller reporting company” and other… Read More

Peoples Trust Company Acquires Online Lending Platform Lendful

Peoples Trust Company, a federally chartered financial institution that has provided financial services to Canadians, announced this week it has acquired Vancouver-based online lending platform Lendful. According to the duo, Peoples Group’s key mission is to exceed customers’ expectation by providing access to financial products within select markets…. Read More

MatchMove Teams Up With tmu to Enable Contactless Prepaid Mastercard in South Asia

On Thursday, Asian fintech MatchMove announced it has enabled the first contactless prepaid Mastercard in South Asia. According to MatchMove, the new card is being issued by India’s Federal Bank, is distributed under the brand name tmw by The MobileWallet Pvt. Ltd, India’s first complete payment solution,… Read More

St.Louis Federal Reserve Adds Bitcoin, Bitcoin Cash, Ethereum, and Litecoin to Data Tracking Service

This week, the Federal Reserve of St. Louis has added multiple cryptocurrencies to their data tracking service FRED. FRED has added four series on the prices of different cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin (but no Ripple), with the data is coming from Coinbase. All of the information is being updated… Read More


Finn AI Launches on Temenos MarketPlace

Temenos (SIX: TEMN), the banking software company, announced on Thursday the launch of Finn AI on Temenos MarketPlace, which is a platform for facilitating the exchange of value between fintech providers and financial institutions. According to Temenos, Finn AI, which is working with financial institutions such as Bank of… Read More

Digital Payments & E-Commerce Platform KinerjaPay Announces Plans to Enter Microlending Business in Indonesia

KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced on Friday it is set to launch its own application for microlending business with peer-to-peer platform to facilitate credit facility. The company reported it will mainly target consumer sector to provide microlending facility in… Read More

Blockchain Powered Trade Platform TradeIX Secures $16 million Through Series A Funding Round Led By ING Ventures

TradeIX, a blockchain-powered trade platform, announced on Thursday it secured $16 million through its Series A investment round, which was led by ING Ventures with participation from investor Kistefos, BNP Paribas, and Tech Mahindra. Founded in 2016, TradeIX is on a mission to rewiring trade finance… Read More

OTC Markets Publishes Study on Benefits of OTCQX Listing for International Companies

OTC Markets Group has just published a commissioned study by Oxford Metrica, a strategic advisory firm, pointing to the benefits of listing shares on the OTCQX by international firms. OTC Markets is an ATS and competes heavily with the Nasdaq, NYSE etc. So why would an… Read More

Clearhaus Launches Apple Pay in Norwegian Webshops

Danish fintech Clearhaus announced on Thursday it has launched Apple Pay in its Norwegian Webshop. This news comes just a few months after the company revealed its support for the payment method. As previously reported, the company explained that Apple products have always been popular in the Nordics,… Read More

Waves launches Airdrop based on 2018 World Cup Outcomes

Will Germany reign supreme in the World Cup once again? Even after their humiliating defeat by Mexico? That’s my bet. What’s yours? Well if you have a strong opinion on the outcome of the World Cup 2018, you may have a chance to earn some… Read More

Here is the Legislation that May Finally Fix the Definition of an Accredited Investor

The current definition of an accredited investor is an anomaly based on ease of enforcement and policy inertia. The statute dictates that accredited status is based on annual income or the size of an individual’s (or couples) bank account – yet everyone understands that wealth… Read More

Trump-Appointed Consumer Protection Chief Recommends Crypto-Regulatory ‘Sweet Spot’

Consumer Financial Protection Bureau (CFPB) Chief, Mick Mulvaney, called for balanced regulation of ‘financial technology’ markets Wednesday at the Future of Fintech conference in New York, Coindesk reports: “We knew at an early point in Bitcoin that as with any developing financial technology we needed… Read More