New Association Launched to Help Guide Investment Crowdfunding Industry: Association of Online Investment Platforms Seeks to Boost Trust, Educate Investors & Help Businesses in Need of Funding

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The investment crowdfunding industry in the United States was launched following the signing of the JOBS Act of 2012. This bi-partisan legislation enabled online platforms to promote securities offerings in private firms in need of growth capital. This regulatory change heralded a new era of… Read More

Crypto Invest Summit Partners with Consensys & Token Foundry on Upcoming Event – But Still No Congressman Sherman

The Crypto Invest Summit (CIS) is out with an update on their forthcoming event next month. CIS has partnered with Consensys and Token Foundry to educate cryptocurrency and blockchain investors as well as developers. At the event, CIS will introduce a “Builders’ Track,” designed to specialize… Read More

Bank for International Settlements Says Cryptocurrencies “Within Reach of National Regulation”

Rhetoric regarding cryptocurrencies is somewhat more moderate in a recent report from the Bank for International Settlements (BIS), which finds that cryptocurrencies, in fact, “rely on regulated financial institutions to operate, bringing cryptocurrencies within reach of national regulation.” The BIS regulates and holds capital on behalf… Read More

Mt. Gox Trustees Liquidate BTC and BCH Totaling $230M as Part of Settlement Process

Mt. Gox, the infamous cryptocurrency exchange (really a Bitcoin exchange) that went bankrupt in 2014 due to mismanagement and theft, is getting closer to settling at least some of the claims that stand against it. Today, the bankruptcy trustee published a document indicating BTC 24,658.00762 and BCH … Read More

Avant Announces Rebranding of Fintech SaaS Business Unit

U.S.-based Avant announced on Tuesday it has rebranded its fintech SaaS business Unit to be Amount. According to Avant, Amount utilizes the technology, intellectual property, and capabilities developed by Avant to provide custom technology solutions for financial institutions. Avant reported that several financial institutions, such as Regions Bank and… Read More

Swiss Fintech Nummo Secures $1.9 Million USD Through Seed Funding Round; Launches Personal Finance Platform

Swiss fintech Nummo announced on Tuesday it secured $1.9 million in seed funding and officially launched its personal finance management platform. Founded in 2016, Nummo describes itself as a personal financial management platform that empowers its users to live better by helping them manage, maintain and… Read More

Walmart Orders Suppliers to Track Leafy Greens Using IBM Blockchain

“…(T)he traditional paper-based method of capturing information…at many farms, packing houses and warehouses…is extremely time-consuming,” says retail giant Walmart, and has exaggerated the impact of recent food contamination crises in the US. Walmart will therefore be requiring its suppliers of romaine lettuce to begin tracking… Read More

Canada’s Tangerine Bank Announces New Partnership With Digital Banking Solutions Provider Meniga

Canadian direct bank Tangerine announced on Tuesday it has formed a partnership with digital banking solutions, Meniga. According to Tangerine, the new collaboration allows Tangerine to deploy Meniga’s digital banking solutions to all its clients, as part of its commitment to providing innovative solutions that help Canadians… Read More

Challenger Bank Tandem Adds New Auto-Saving Rules Feature to Digital Banking Platform

UK challenger bank Tandem has added a new feature to its mainly digital banking platform. Tandem has introduced “intelligent auto-savings rules” to help users set aside their spare change to improve their savings habit.  According to Tandem, savings are swept from their existing current accounts,… Read More

Sophie Peacock is the Winner of the Spotcap Fintech Fellowship for 2018

Spotcap has announced that Sophie Peacock has earned the top prize in the Fintech Fellowship award for 2018. The Fellowship awards is a competition where one UK-based masters or MBA student receives an £8,000 scholarship. By supporting aspiring talent, Spotcap seeks to helpfill the Fintech… Read More

Winklevoss’ Gemini Crypto Exchange Eyeing Possible UK Set Up

Founders of the New York-based cryptocurrency exchange Gemini are looking at opening a UK office, Financial Times reports. Cameron and Tyler Winklevoss, former Olympic rowers who once sued Mark Zuckerberg claiming he stole the idea for Facebook from them, have reportedly hired local advisors in… Read More


British Fintech Nebeus Now Seeking £1 Million Through Crowdcube Funding Round

Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products,  has launched an equity crowdfunding campaign on Crowdcube, seeking £1 million in funds.  Since beginning to trade in 2017, Nebeus reported it has captured a 50% quarterly year-to-date increase in sales… Read More

Overstock Founder Patrick Byrne Purchases 43% of Blockchain Company Medici Land Governance

Overstock (NASDAQ:OSTK) founder and CEO Patrick Byrne has purchased 43% of Medici Land Governance – an existing blockchain portfolio company of Overstock.  Details on the transaction were not provided. Medici Land Governance was founded in 2018 to help individuals around the world connect by using blockchain and… Read More

Republic Lists Two Crypto Startups: Nori and Quarters

SEC regulated crowdfunding platform Republic, has listed two “high promise” cryptocurrency startups to its investment offerings. Nori and Quarters are raising capital on Republic Crypto – a token pre-sale platform for everyone to participate in “Legal Token Distributions” aimed to democratize blockchain investing. Quarters is a… Read More

Zaif Crypto Exchange Given Two Days to Explain $60 Million Hack to Japan Regulators

A local division of Japan’s Finance Ministry has given the company Tech Bureau two days to explain the causes of and company response to a $60 million hack on the Zaif crypocurrency exchange that took place last weekend. On Friday September 14th, hackers spent two… Read More

Citi Launches New Virtual Accounts

Financial giant Citi (NYSE: C) announced on Tuesday the launch of its new global solution, Citi Virtual Accounts. According to Citi, the new Citi Virtual Accounts allow clients to segregate their balances under a single physical account, providing enhanced visibility, control, and efficiencies through centralized payments, receivables,… Read More

Manílife Peanut Butter & Candy Mechanics 3D Chocolate Celebrate Sweet Success on Seedrs

Looking for that mid-afternoon sweet investment? ManíLife peanut butter and Candy Mechanics 3D chocolate brand are both currently overfunding on Seedrs. At this writing, ManíLife has raised over £437,030 for 16.56% equity, blowing past its initial £300,002 goal. Pre-valued at £2,201,698, UK-based ManíLife aims to brings craft culture to peanut butter. Created… Read More

Mastercard Teams Up With MTN Uganda & United Bank for Africa to Launch New Mobile Money Services in Uganda

On Tuesday, Mastercard announced it has teamed up with MTN Uganda and United Bank for Africa (UBA) to launch a new mobile money service in Uganda.  The trio reported that through the new partnership MTN MoMo customers will use a virtual card to shop or make… Read More

Robo.cash Founder Sergey Sedov: 26M Euro Loan Milestone, New Research P2P Lending & Peer-to-Portfolio Update

Over 26 million euro loans were financed through the European P2P platform Robo.cash in first eight months in 2018, notably 223% more than in the same period a year earlier. Operating according to the ‘peer-to-portfolio’ model, Robo.cash seeks to bring together private investors and legal… Read More

Downing Crowd Lists £6.25 Million Investment Offer for Solar Projects

Downing Crowd, a debt based crowdfunding platform that focuses on the renewable energy sector, has listed a series of solar investments by Populo Energy for projects in East Anglia and Norwich. The offering is for a £6.25 million bond for Populo Energy that will allow… Read More

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