Q&A: Groundfloor CEO Brian Dally Shares Insight on Newly Launched Online Public Offering, Innovations and Fintech’s Future

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Today the direct real estate investment platform Groundfloor launched an online public offering enabling any Groundfloor account holder to purchase stock directly from the company. The platform indicated that the online public offering aims to “level the cap table” so members of the public can own… Read More

BitGo Debuts Comprehensive Insurance Protections for Digital Assets

Blockchain software firm BitGo announced on Tuesday the launch of its new comprehensive insurance protections for cryptocurrencies and digital assets held in its Business Wallet and Custody offerings. According to BitGo, the launch of the insurance comes just after an assessment of its hardware, software, and psychical security…. Read More

U.S. Blockchain First Ternio Named New Amazon Advanced APN Technology Partner

Ternio, a U.S.-based blockchain firm, announced on Tuesday it has been named a new Amazon Advanced APN Technology Partner. As previously reported, Ternio provides a highly scalable blockchain framework called Lexicon to enterprise business clients. According to Ternio, Lexicon is independently verified at over 1 million transactions… Read More

Brief: Mambu Secures $34M in New SaaS-y Funding Round Led by Bessemer Venture Partners

Mambu, a Berlin-based fintech SaaS banking platform, has raised $34 million (30 million euros) in a funding round led by U.S. investment firm Bessemer Venture Partners. Action Capital, CommerzVentures, Point Nine Capital and Runa Capital also participated in the round. Mambu will use the funding to invest… Read More

On Your Mark, Get Set, MySwimPro! Personal Swim Coaching App to Launch on Wefunder

Tomorrow MySwimPro, which was named one of the Best Apple Watch App of the 2016, will launch its second Wefunder round, this time for a SAFE Future Equity crowdfunding campaign. In 2017 MySwimPro raised $280,629 from 164+ investors.  Increased funding from the SAFE campaign will allow… Read More

Corporate Payment Protection Solutions Provider nsKnox Secures $15 Million Through Series A Funding Round Led By Viola Ventures & Microsoft’s M12

nsKnox, a provider of corporate payment protection solutions, announced on Tuesday it secured $15 million through its Series A funding round, which was led by Viola Ventures and M12, Microsoft’s venture fund, with the participation of Discount Capital, the investment arm of Israel Discount Bank, and previous… Read More

Former CEO of Societe General Securities Joins Institutional Custody Firm Koine as Chairman & CEO

Koine, an institutional custody and settlement service for both fiat and digital assets, has appointed Hugh Hughes as Chairman and CEO. Hughes was previously CEO of Societe Generale Securities in London. Prior to that, Hughes built stockbroking businesses in London, according to a release from the firm…. Read More

Crowdfunding: Startupxplore Claims to be Spain’s Largest Online Startup Network

In a release, equity crowdfunding platform Startupxplore stakes a claim as being “Spain’s largest online startup investors network.” The statement is based on Startupxplore having  14,703 registered individual investors. The site was launched in 2016 and reports having funded €6.5 million in 28 different deals.  Startupxplore is regulated by… Read More

“Fox Hunt:” Chinese Authorities Investigate Over 380 Peer to Peer Lending Platforms, Seize Assets

The Chinese Ministry of Public Security has revealed that over 380 peer to peer lending platforms are currently under investigation. A release by Xinhua on Sunday said that about USD $1.5 billion in P2P lending assets were involved. Apparently, the Chinese police have seized or frozen cash,… Read More

Bitmain Debuts Next Generation 7nm ASIC Chip for SHA256 Mining

Bitmain-ASIC-chip

Bitmain Technologies, a China-based consumer-grade ASIC miner, announced on Monday the launch of its next-generation 7nm ASIC chip, BM1397. According to Bitmain, the new chip achieves new feats in performance, chip area and energy efficiency for mining cryptocurrencies such as Bitcoin (BTC) and Bitcoin Cash (BCH),… Read More

DollarsandSense Acquires Singapore Fintech Startup fundMyLife

Personal finance media platform DollarsandSense.sg has acquired the Singapore-based fintech startup, fundMyLife, Reuters has reported. Founded in 2017, fundMyLife describes itself as a platform that intelligently connects consumers with financial advisers based on the financial planning questions that they ask. “fundMyLife connects your financial planning questions to the… Read More


Monese Announces Current Account Integration With Avios

Digital challenger bank Monese announced on Monday its current account integration with Avios. According to Monese, users may now link their British Airways Executive Club account to effortlessly track and manage Avios balance, straight from Monese app. Once connected, Avios will appear as a separate account… Read More

Overfunding: Renovagen Successfully Secures £350,000 Funding Target Through Latest Crowdcube Round

UK-based commercial-scale portable solar power systems startup, Renovagen has successfully secured its initial 350,000 funding target through its latest equity crowdfunding campaign on Crowdcube. The round came less than three years after Renovagen raised £985,840 through its second Crowdcube round. As previously reported, Renovagen revealed it has developed and manufactured… Read More

Binance Set to Delist CLOAK, MOD, SALT, SUB, & Wings Cryptocurrencies

Cryptocurrency exchange, Binance announced last week it is set to delist a couple cryptocurrencies. Binance reported it periodically reviews each digital asset it lists to ensure that it continues to meet the high level of standard it expects. The platform then explained: “When a coin or token… Read More

GoCardless Secures $75 Million Through Series E Investment Round; Seeks To Open Access to Global Bank Debit Network

UK-based payments platform GoCardless announced on Monday it secured $75 million through its Series D investment round, which was led by new investors Adams Street Partners, GV (formerly Google Ventures) and Salesforce Ventures, as well as existing investors: Accel, Balderton Capital, Notion Capital, and Passion Capital…. Read More

Payment Fintech TransferTo Rebrands as DTOne and Thunes

Mobile payment Fintech TransferTo has rebranded as two separate company brands. TransferTo has now changed its name to DT One. Simultaneously, the cross-border payments business, which started in 2016, has branched off to operate independently from DT One and has been renamed to Thunes. Thunes will focus… Read More

Coinbase Partner Shift Card Plans to Shut Down Operations This Spring

Coinbase partner Shift Card is reportedly shutting down its debit card services on April 11th. According to Bitcoin.com, the Shift Card was launched in 2015 and allowed customers to spend cryptocurrency that is connected to their Coinbase accounts. Customers notably received an email that explained… Read More

Blackmoon Forms Partnership With FintechSauce to Create New ETx’s

Blockchain fintech company, Blackmoon, announced on Monday it has formed a new partnership with FintechSauce Investment Advisory, a group of industry professionals whose goal is to build a more efficient, transparent, and liquid capital market to power the innovation economy, to create a branded Exchange Traded… Read More

EBRD Looks to Join UK Launched Global Financial Innovation Network, Partners with Estonia on Fintech Sandbox

The European Bank for Reconstruction and Development (EBRD), has applied to join the Global Financial Innovation Network (GFIN) as an observer. GFIN is a global Fintech Sandbox project orchestrated by the UK. GFIN claims a good number of global regulators – each looking to facilitate… Read More

Groundfloor Initiates Public Offering Using Reg A+ to Accelerate Growth

Groundfloor, a direct real estate investment platform, has launched an online public offering enabling any Groundfloor account holder to purchase stock directly from the company. The platform indicated that the online public offering aims to “level the cap table” so members of the public can… Read More

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