NYCE Tops $1 Million Using Reg CF on Two Different Funding Portals – Republic and Wefunder

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NYCE, a real estate investment firm, recently raised $1 million using the Reg CF security exemption. Under current rules, $1.07 million is the maximum amount an issuer can raise in an offering. But NYCE used a bit of a different strategy to complete the funding round… Read More

Younited Credit Has Originated More than €10 Million in Germany in 7 Months Since Launch

Younited Credit Germany, an expansion by France based Younited Credit, reports having originated over €10 million in loans since launch in February of 2020. Younited Credit is a European online credit platform, certified by the French authority in charge of financial stability and customer protection (ACPR)…. Read More

German Digital Only Bank N26 Strengthens Executive Leadership Team with New Senior Executive Hires

  Digital-only bank platform N26 announced on Monday the appointment of two key senior executives, a new Chief People Officer and Chief Operating Officer, set to join the company next month. According to N26, both roles will report directly to N26 co-founder and CFO Maximilian… Read More

Santander Bank Partners With Correos to Provide Basic Financial Services in Spain

Santander Bank recently announced it has signed a deal with Correos to provide services in Spain. The agreement will allow the banking group to provide services at a total of 4,675 Correos offices from the first quarter of 2021, with Santander’s basic financial services reaching… Read More

Ocean Protocol Devs Perform Hard Fork Following KuCoin Hack, Leading to $150 Million in Losses, including $8.6 Million in OCEAN Tokens Stolen

Fork

The developers of the Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, confirmed (on September 28) that on September 27, 2020, the Ocean Protocol Foundation had initiated a hard fork or backward-incompatible… Read More

Online Banking Solutions Provider Finicity Launches Data Services Integrated Solutions “Finicity Lend”

Finicity, a U.S.-based online banking solutions provider, announced on Monday the launch of Finicity Lend, which is described as an integrated solution set of open banking data services that provides banks, lenders, and fintech developers access to tools that enable their borrowers to directly permission… Read More

Fintech Professional Claims that Digitization of the UAE Economy is Being Led by Individual Consumers, Not Service Providers

Sridhar Iyer, the Executive Vice President and Head of Mashreq Neo (the digital banking division launched in 2017), recently noted that the United Arab Emirates (UAE) has one of the highest smartphone or mobile Internet penetrations rates in the world. Iyer claims that the UAE’s… Read More

Wirex Quickly Raises £1 Million on Crowdcube in 1.5 Hours

Payments Fintech Wirex has quickly raised £1.2 million with the first £1 million arriving in an hour and a half today crowdfunding on Crowdcube, according to a note from the company. The securities offering just entered its public stage and now sits at £1.446 million… Read More

OneConnect, the Fintech Division of Ping An Insurance, Wins Platinum Award for Digital Banking

OneConnect Financial Technology Co., Ltd. (NYSE: OCFT), an established technology-as-a-service platform for financial institutions, has won the Platinum Award for Digital Banking at the IFTA FinTech Achievement Awards 2019, “in recognition for the innovation of its OneConnect Bank Solution.” Daniel Ling, GM at OneConnect’s Hong… Read More

Coinbase CEO Brian Armstrong Clarifies that Digital Asset Exchange Is “Laser-Focused” on Achieving “Sustained High Performance”

Brian Armstrong, CEO at Coinbase, a leading cryptocurrency exchange, has noted that there have been many challenging events in the world this year, including the COVID-19 pandemic, social unrest, west coast wildfires, and other really difficult situations. Armstrong wrote in a blog post that everyone… Read More

Overfunding: Pizza Brand @pizza Quickly Secures £820,000 Funding Target Through Crowdcube Campaign

  @Pizza, a UK-based pizza brand, has quickly secured its initial £820,000 funding target just days after launching its equity crowdfunding campaign on Crowdcube. The company is now aiming is to give consumers the best pizza they have ever had, every time. “Consumers crave new… Read More


Update: UK Banking Managing App RoosterMoney Now Nearing £2.1 Million Through Seedrs Funding Round

RoosterMoney, a UK-based money managing mobile app, is now nearing £2.1 million through its equity crowdfunding campaign on Seedrs. The funding round was launched less than two weeks ago and has already attracted more than 440 Seedrs investors. As previously reported, RoosterMoney was founded in… Read More

Sapiens Teams Up With GreenRoad Technologies to Improve Driver Safety & Personalized Driver Insurance Premiums

 Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a global provider of software solutions for the insurance industry, recently announced it has joined forces with advanced and predictive risk analysis company, GreenRoad Technologies, to improve driver safety and personalize driver insurance premiums. Sapiens reported that… Read More

Blockchain Firm ICONLOOP to Work with South Korea’s Pohang City, Steel Manufacturer POSCO, and Others on Supporting Decentralized ID Ecosystem

Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), recently confirmed that ICONLOOP will be working cooperatively with Pohang, POSCO and POSTECH to develop a (decentralized ID) DID ecosystem with MyID. Jun noted… Read More

Checkout.com, Pakistan’s National E-Commerce Council, and National Institutional Facilitation Technologies to Support Digital Payments in Country

Mo Ali Yusuf, the VP at Checkout.com for the MENA and Asia Pacific Region, says he’s looking forward to teaming up with NiFT and the Fintech ecosystem in Pakistan in order to support the growth of digital commerce and virtual payments in the country. Pakistan’s… Read More

Binance Might be Only Entity with Enough UNI Governance Tokens to Submit Uniswap Protoocol Proposals: Report

The recently issued UNI governance token, which is associated with Uniswap, a leading Ethereum token exchange, aims to help Uniswap transition into a “decentralized,” community-managed and owned protocol. However, the exchange protocol’s team hasn’t been completely transparent about how they aim to achieve “decentralization.” Liesl… Read More

Indonesian Regulators and Fintech Firms are Focused on Balancing Regulations with Responsible Innovation

Indonesia’s regulatory authorities and local Fintech firms have been focused on creating a balance that will support innovative projects in the country, while maintaining regulatory guidelines that ensure consumer protection. Triyono, the head of Indonesia’s Financial Services Authority (OJK), stated on September 25, 2020, that… Read More

DeFi Protocol Aave Claims Journey Towards “Decentralization” Continues with Protocol Governance Process Live on Mainnet

The team at Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that their journey towards “decentralization” continues with the introduction of Aave Governance on mainnet (the production-ready or… Read More

Contactless and Digital Payments Continue to Rise in India while Retail Spending Nearly at Pre COVID Levels: Report

Retail spending and activity levels in India have now recovered to around 90% of pre- COVID-19 levels after dropping to around 55-65% of their average back in April 2020. The pace of the adoption of digital services across major channels has accelerated due to the… Read More

Digital Transactions have Increased following COVID Outbreak, which May lead to More Account Takeovers, Identity Theft

The global banking sector has faced many challenges due to the socioeconomic problems resulting from the COVID-19 outbreak. Many banks or financial institutions have had to shut down physical branches while asking their employees to work remotely in order to prevent the further spread of… Read More

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