Head of Israel Securities Authority Says No to Bitcoin Listings, But Sees Promise in Initial Coin Offerings

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Shmuel Hauser, the Chairman of the Israel Securities Authority, published a statement today addressing Fintech, Bitcoin and Initial Coin Offerings, in an extended comment on regulations and the changing financial landscape. Hauser stated; “From a regulator perspective, we want make sure that Fintech will not… Read More

Quesnay Female Founders in Tech Competition Winners Announced

Quesney Female Founders In Tech has announced their winners in their competition to identify up and coming tech platforms. The judges determined the winners at an event last night in Manhattan. Seven finalists pitched before an audience of 100+ attendees. The live event judges –… Read More

Props Token Sale Now Open on CoinList, Republic Investors See ICO Sell Out Immediately

Props, a decentralized video network operated by YouNow, Inc., has opened its public token sale on CoinList. The Initial Coin Offering (ICO) expects the offer to close on December 22nd making it the third ICO to fund on the AngelList founded platform. YouNow’s community that is… Read More

RateSetter Australia Surpasses $200 Million in Loans

Last week, peer-to-peer lending platform RateSetter announced that it has surpassed $200 million for loans in Australia. The online lender reportedly launched in Australia nearly three and a half years ago.  “This week we passed through $200 million of loans matched between investors and borrowers…. Read More

Update: JustPark Nears £2.3 Million Through Latest Crowdcube Round & Announces New Contract With Central Bedfordshire Council Car Parks

With its latest Crowdcube campaign set to close in less than two weeks, UK-based parking innovator JustPark is nearing £2.3 million from more than 1950 investors. The company launched the funding round last month and quickly raised its initial £1.5 million funding target.  Founded by entrepreneur Anthony Eskinazi, JustPark is… Read More

SoFi Forms New Partnership With WSFS Financial Corp For New Cash Management Account

Last week, WSFS Financial Corporation, the parent company of WSFS Bank, has entered into a two-year partnership to provide payment processing and debit card sponsorship services for a new cash management account by SoFi Securities, a subsidiary of SoFi. The new “SoFi Money” account is reportedly expected… Read More

Gute Reise! Travel Platform itravel Utilizes Blockchain & AI, Live on Companisto

Ready for a new investment or for a vacation? Oh, the places you will go! itravel could be the first digital travel agency that uses data analysis, artificial intelligence, and blockchain technology in order to provide customers with individually personalized trips. itravel seeks to remove the… Read More

Finnish Crowdfunding & P2P Lending Platform Fellow Finance Receives Payment Institution Authorization by the Financial Supervisory Authority of Finland

Finnish crowdfunding and peer-to-peer lending platform Fellow Finance announced on Tuesday it received payment institution authorization from the Financial Supervisory Authority of Finland. The online lender claims it is the first funding platform to receive this type of authorization, which will notably enable Fellow Finance to… Read More

Citi Unveils New Beta-Testing Financial Wellness Community

On Tuesday, banking giant Citi announced the launch of its new beta-testing customer community, Canvas Designed by Citi, which promotes financial wellness. According to Citi, the new community enables customers to co-create products and digital capabilities that promote their financial wellness. It will use data across a… Read More

Stripe Follows PayPal’s Passage into India, Initiates Invite-Only Beta

Attention MobiKwik, RazorPay and PayPal, Payments startup Stripe has just announced its entrance into the Indian mobile wallet sector! “Today we’re starting an invite-only beta for Stripe in India with a small group of companies. These businesses will help us test our platform in the… Read More

Canadian Fintech Wealthica Announces Stockchase Acquisition

Canadian fintech startup Wealthica announced on Tuesday it has acquired online investment publication, Stockchase. According to Wealthica, Stockchase receives more than 100,000 visitors per month and is considered one of Canada’s top finance websites.  While sharing details about the publication’s development and acquisition, Stockchase co-founder Chris Bruner,… Read More


55ip Provides Fintech Tools for Northeast Planning Associates

55ip, an investment science and technology firm, and Northeast Planning Associates (NPA), have signed an agreement that gives NPA access to 55ip’s investment science, research and proprietary technology. NPA clients will now have access to a customized version of the 55ip Investment Platform, technology that… Read More

Prosper Appoints Former J.P. Morgan Chase CMO Claire Huang to Board of Directors

Peer-to-peer lending platform Prosper announced on Tuesday it has appointed former Chief Marketing Officer of J.P. Morgan, Claire Huang to its board of directors. According to Prosper, Huang has held senior leadership positions at various well-known financial services companies, which includes Bank of America, Fidelity Investments, and American Express. While… Read More

Overfunding: UK Rental Car Brand Whitecar Surpasses £650,000 Funding Target During Crowdcube Round

Whitecar, a UK-based new rental car brand, has successfully secured its initial £650,000 equity crowdfunding target through Crowdcube. The company originally sought to raise £850,000 but has decided to lower the funding goal after closing funds through a subscription that cannot be reflected on the Crowdcube progress bar…. Read More

U.S. Fintech Simility Secures $17.5 Million During Latest Funding Round Led By Accel With Participation From PayPal

Simility, a provider of machine learning–powered adaptive fraud prevention solution, today announced it has secured $17.5 million during its latest funding round. PayPal, Inc. also participated in the round as a new strategic investor along with existing investors The Valley Fund and Trinity Ventures. This brings Simility’s… Read More

Report: Fintech Affirm Receives Unicorn Status in Next Funding Round

Affirm, a Fintech that provides point of transaction access to credit, has been received Unicorn status, according to multiple reports. Affirm is the creation of Max Levchin, a PayPal co-founder, who knows a thing or two about finance. According to a report in Bloomberg last… Read More

Australian Securities and Investment Commission Partners with Canadian Securities Regulators on Fintech

The Australian Securities and Investment Commission (ASIC) has signed a cooperation agreement with the Canadian Securities Administrators (CSA) to foster Fintech innovation, expand the network of information sharing and support Fintech startups. ASIC previously signed a bilateral cooperation agreement with the Ontario Securities Commission which… Read More

Crowdfunding Platform OurCrowd to Hold Largest Investment Summit Ever as 10,000 People Expected to Attend

OurCrowd, a leading global equity crowdfunding platform, says registration numbers have rocketed for its upcoming Global Investor Summit taking place on February 1st. OurCrowd reports that more than 10,000 individuals have registered for the event with participation from 80 different countries.  Participants also include over… Read More

Australian Securities & Investment Commission Reviews Regulatory Sandbox & Proposes to Retain Fintech Licensing Exemption

The Australian Securities and Investment Commission (ASIC) had previously committed to review its regulatory sandbox and Fintech licensing exemption and upon review, officials have proposed to maintain the current status. The regulatory Fintech sandbox was introduced in December 2016 and enables eligible firms to test… Read More

SEC Chairman Jay Clayton Issues Statement on Initial Coin Offerings & Cryptocurrencies

In the wake of the SEC’s most recent enforcement action regarding an Initial Coin Offering (ICO) that failed to file for a securities exemption while the issuer, Munchee, clearly promoted the ability for token purchasers to seek an investment return on a “utility” token, SEC… Read More