November 14, 2018 @ 6:30 pm By Cali Haan  |  

After “throw(ing) its arms wide open” to the burgeoning crypto sector last year, the Isle of Man is now imposing stricter requirements on “convertible virtual currency” (CVC) businesses registered there. Namely, crypto businesses on the island will now be obliged to have two local “resident directors”… Read More

November 14, 2018 @ 6:21 pm By JD Alois  |  

Real estate investment platform Fundrise says it has been quietly accumulating property near the area Amazon (NASDAQ:AMZN) has just announced they will be establishing a new headquarters. Amazon’s east coast headquarters will create a huge economic impact for the DC/Northern Virginia market, not to mention… Read More

November 14, 2018 @ 3:52 pm By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Wednesday it has appointed Daniel Canning as its first North America Commercial Director. According to WorldRemit, Canning will lead the company’s North America commercial activity at a time of rapid expansion. It was… Read More

November 14, 2018 @ 3:24 pm By Samantha Hurst  |  

Just a few months after announcing its contactless debit card access to 15,000 ATMs nationwide, financial services giant Chase announced the launch of its new contactless Visa credit cards. The company reported that starting at the end of this year, customers will receive new contactless… Read More

November 14, 2018 @ 2:58 pm By Samantha Hurst  |  

On Wednesday, The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) awarded 12 FinTech companies a total of S$1.2 million at the FinTech Awards, which took place at the third Singapore FinTech Festival. The FinTech Awards, which is supported by PwC, recognizes innovative fintech… Read More

November 14, 2018 @ 2:08 pm By Samantha Hurst  |  

British Pearl, a UK-based property crowdfunding platform offering both debt and equity investments, is now seeking £2 million through its equity crowdfunding campaign on Seedrs. The launch of the campaign comes less than six months after the funding portal secured 7 million through an investment round led… Read More

November 14, 2018 @ 12:23 pm By Samantha Hurst  |  

Creditshelf Aktiengesellschaft, a Germany based online lender, announced on Wednesday it has appointed Fabian Brügmann as its new CFO, effective on January 15, 2019. The lender reported that this appointment continues its planned expansion of its management team and in the newly formed position, Brügmann… Read More

November 14, 2018 @ 11:59 am By Samantha Hurst  |  

UK challenger bank Tandem announced on Wednesday it has teamed up with global payments platform Stripe to launch its new Auto Savings service, which will allow customers to set up rules that automatically move money from their current accounts with other providers to a savings account… Read More

November 14, 2018 @ 10:32 am By Cali Haan  |  

The prolonged bear market of 2018 appears to have affected two cryptocurrency mining operations in the county of Norbotten,Sweden, Sverige Radio reports. Power officials in the town of Älvsbyn are suing Miami-based company NGDC for millions in unpaid electricity bills, and the municipality of Kalix is looking… Read More

November 14, 2018 @ 10:30 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has proposed an expedited process for aspiring Fintechs participating in their regulatory Sandbox. First launched in 2016, the Singapore Fintech Sandbox seeks to foster a mutually beneficial relationship between innovator and regulator.  In an industry with profound compliance requirements, the regulator is exposed to entrepreneurs seeking to… Read More

November 14, 2018 @ 10:23 am By Samantha Hurst  |  

Startupbootcamp FinTech in Latin America, a joint venture between Startupbootcamp and Finnovista, announced on Wednesday it celebrated the end of its second batch during Demo Day earlier this week. The cohort was made up by DevBlocks (Mexico), Hurra Credit (Mexico), La Plataforma (Chile), Luz Verde (Ecuador), Prometeo… Read More

November 14, 2018 @ 10:11 am By JD Alois  |  

Cognigo, an AI platform for enterprises that targets data protection and compliance, has closed on an $8.5 million Series A funding round. The round was led by leading equity crowdfunding platform OurCrowd with participation from State of Mind Ventures and Prosegur. Cognigo’s CEO and Founder Guy Leibovitz believes that… Read More

November 14, 2018 @ 9:56 am By Cali Haan  |  

Power outages in the Guizhou and Xinjiang regions of China have reportedly triggered “strict” inspections at local cryptocurrency mines, Cong Express reports. Mine owners say their facilities have been closed since November 5th, when a process of “rectification” was initiated by local authorities. Xinjiang is… Read More

November 14, 2018 @ 9:06 am By JD Alois  |  

Innovate Finance’s Women in Fintech Powerlist is now accepting applications to be included in the annual compendium of female Fintech leaders. First launched in 2015, the Powerlist has recognized the diverse talent that has helped Fintech to grow and thrive globally. In an email, Innovate… Read More

November 14, 2018 @ 8:59 am By Samantha Hurst  |  

IOST, a global enterprise-grade blockchain infrastructure, announced on Wednesday the official launch of its Flagship DApp Partnership Program. IOST reported that under the program it will consult and work with organizations across a variety of industries, culminating in the design of “flagship” decentralized applications (DApps)… Read More

November 14, 2018 @ 8:10 am By Samantha Hurst  |  

UK-based challenger bank Monzo has teamed up with PayPoint to use its cash payments solution for its current account holders. According to the fintech, customers may now deposit up to £300 cash directly into their Monzo account in a single transaction at any of PayPoint’s 28,000 stores…. Read More

November 14, 2018 @ 6:05 am By JD Alois  |  

HBUS , the strategic partner of crypto platform Huobi, has announced Jay Ryu as VP of Corporate Development. Prior to joining HBUS, Ryu was Venture Capital Director at Draper Athena, where he led tech investments while working closely with portfolio companies on operational and strategic initiatives. Huobi… Read More

November 14, 2018 @ 5:40 am By JD Alois  |  

Mintos, an online marketplace for loans, has just announced a € 5 million Series A funding round. As part of the announcement, Latvia-based Mintos is entering the stealth bank realm by moving to provide their users with both IBAN accounts and personal debit cards. By providing… Read More

November 14, 2018 @ 5:12 am By JD Alois  |  

Peer to peer lender Lending Works has selected three new members for their Board of Directors. The online lender has appointed; Simon Waugh, former Chairman of CMC Markets, Deputy CEO of British Gas, Paul Noble, CEO of Honeycomb Finance, a Pollen Street Capital business, and… Read More