June 23, 2018 @ 3:43 pm By Cali Haan  |  

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

June 23, 2018 @ 1:18 pm By Samantha Hurst  |  

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

June 23, 2018 @ 9:30 am By JD Alois  |  

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

June 22, 2018 @ 8:18 pm By Samantha Hurst  |  

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

June 22, 2018 @ 8:06 pm By Samantha Hurst  |  

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

June 22, 2018 @ 6:47 pm By JD Alois  |  

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

June 22, 2018 @ 2:27 pm By JD Alois  |  

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

June 22, 2018 @ 2:00 pm By Samantha Hurst  |  

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

June 22, 2018 @ 12:00 pm By Samantha Hurst  |  

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

June 22, 2018 @ 10:52 am By JD Alois  |  

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

June 22, 2018 @ 10:00 am By Samantha Hurst  |  

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

June 22, 2018 @ 9:19 am By Samantha Hurst  |  

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

June 22, 2018 @ 8:35 am By Samantha Hurst  |  

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

June 22, 2018 @ 8:02 am By JD Alois  |  

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

June 22, 2018 @ 7:44 am By Samantha Hurst  |  

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

June 22, 2018 @ 7:32 am By JD Alois  |  

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

June 22, 2018 @ 6:03 am By JD Alois  |  

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

June 22, 2018 @ 3:28 am By Cali Haan  |  

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