December 12, 2019 @ 1:35 am By Omar Faridi  |  

Rebel, an online consumer finance company that provides Brazilian residents access to unsecured credit at competitive rates, has raised $10 million in equity funding. The company’s latest funding round has come just a year after it secured $4 million from XP Asset Management and various… Read More

December 12, 2019 @ 1:17 am By Cali Haan  |  

Group IB, one of Russia and Eastern Europe’s largest cybersecurity firms, “has detected a massive upload of debit and credit card records …on one of the most popular underground cardshops.” According to the firm, between October 28th and November 27th of this year, criminals uploaded… Read More

December 11, 2019 @ 10:52 pm By Samantha Hurst  |  

Bricksave, a UK-based property investment platform, has launched an equity crowdfunding campaign on Seedrs. The company is currently seeking £600,000 in funding while offering 13.03% in equity at a £4,004,000 pre-money valuation. Founded in 2015, Bricksave provides individuals direct access to institutional-grade real estate investments…. Read More

December 11, 2019 @ 9:09 pm By Cali Haan  |  

The US Securities and Exchange Commission (SEC) has charged Shopin founder Eran Eyal with violating antifraud and registration provisions of federal securities laws in an ICO (initial coin offering) sale. The SEC says Eyal raised $42 million USD selling Shopin tokens, or digital securities, to… Read More

December 11, 2019 @ 7:15 pm By Omar Faridi  |  

Fintech companies in Vietnam acquired $410 million, or 36% of the total global capital invested into Southeast Asia’s economies between January and September of this year, which is right behind Singapore. Vietnam’s market share of regional VC funding allocated to Fintech-related projects increased from only… Read More

December 11, 2019 @ 7:00 pm By JD Alois  |  

Padlist is currently seeking $2 million on SeedInvest at a pre-money valuation of $8 million. Recently listed, the preferred equity offering is raising capital in a side by side Reg CF – Reg D offering.. If you are willing to invest, there is a minimum… Read More

December 11, 2019 @ 6:31 pm By Cali Haan  |  

Four men have been arrested and charged with promoting a cryptocurrency mining pyramid scheme that defrauded victims out of $722 million USD. Matthew Brent Goettsche, Jobadiah Sinclair Weeks and Joseph Frank Abel were arrested in various locations in the United States early this month and were… Read More

December 11, 2019 @ 3:54 pm By Cali Haan  |  

New York’s more crypto-friendly iteration of the Department of Financial Services is seeking comment on a new set of guidelines to help licensed New York cryptocurrency dealers select tokens for listing or adoption. The NYDFS says that, since 2015, it has issued two dozen licenses and… Read More

December 11, 2019 @ 3:03 pm By Samantha Hurst  |  

U.S. fintech Brex announced on Wednesday it secured $200 million through its latest debt capital raise to continue the rapid expansion of its e-commerce product. The capital reportedly comes in the form of a warehouse line of credit from Credit Suisse, backed by Brex’s corporate… Read More

December 11, 2019 @ 2:42 pm By Samantha Hurst  |  

Mrs Wordsmith, a UK-based educational publishing and gaming company, is now nearing £1.2 million in funding through its equity crowdfunding campaign on Crowdcube. The round, which is set to close next week, originally sought to raise £1 million. The company is offering 3.16% in equity… Read More

December 11, 2019 @ 12:48 pm By JD Alois  |  

The creators of the open-source ​DAML​ smart contract language, ​Digital Asset​ (DA), has raised approximately $35 million in Series C funding from new and existing investors. According to DA, the latest financing round brings the total amount raised by the company to $150 million. Yuval… Read More

December 11, 2019 @ 12:05 pm By Samantha Hurst  |  

OKEx, a Malta-based digital assets exchange, announced on Wednesday it has formed a new partnership with blockchain-based e-contract platform FirmaChain. OKEx reported that through the collaboration, customers may now use OKEx’s global utility token, OKB, for purchases on FirmaChain’s platform. FirmaChain’s FCT token will also… Read More

December 11, 2019 @ 11:49 am By Samantha Hurst  |  

Trade Ledger, a UK-based specialist mid-market Lending-as-a-Service platform for banks and alternative finance providers, announced on Wednesday it has formed a new partnership with Mambu in order to accelerate mid-market commercial lending. Trade Ledger reported it will overlay its platform on the Mambu cloud banking… Read More

December 11, 2019 @ 11:24 am By Samantha Hurst  |  

Nuvei, a global payment technology provider based in Canada, announced on Wednesday it secured $270 million in common equity financing, valuing the company at $2 billion. Nuvei reported that the investment comes primarily from its existing shareholders, which includes Canadian private equity firm Novacap, supported… Read More

December 11, 2019 @ 11:04 am By JD Alois  |  

The Chamber of Digital Commerce, a trade association representing the blockchain industry, and the Enterprise Ethereum Alliance (EEA), an advocacy group created to advance enterprise blockchain technology, have announced a new partnership. The Chamber of Digital Commerce will become an EEA Associate–Collaborative Member, and the… Read More

December 11, 2019 @ 10:47 am By JD Alois  |  

A report from earlier this week in Sina indicates that the Bank of China has issued Yuan 20 billion (USD $ 2.8 billion) in “special finance bonds” for small and micro firms. For the issuance, the Bank of China used a “self-developed blockchain bond issuance… Read More

December 11, 2019 @ 8:23 am By JD Alois  |  

Elliptic, a crypto risk firm, has announced a service for traditional banks to help identify the flow of funds in and out of crypto. “Elliptic Discovery” is said to facilitate risk assessment for digital assets while covering 200+ exchanges and enabling banks to pursue new… Read More

December 11, 2019 @ 8:09 am By Samantha Hurst  |  

Visa announced on Wednesday it is teaming up with pan-African fintech MFS Africa to help bring digital payments to more consumers and businesses throughout Africa. The duo reported that MFS Africa, which connects through one API more than 180 million mobile wallets on the continent,… Read More

December 11, 2019 @ 8:08 am By Omar Faridi  |  

N26 Inc., the US-headquartered subsidiary of digital bank N26 GmbH, one of the fastest-growing mobile-based banks in Europe, revealed on December 9 that it’s expanding its Perks program. N26 is one of several European digital banks crossing the Atlantic to compete in the huge US… Read More