May 20, 2017 @ 9:36 am By Jonathan Nieh  |  

According to TechinAsia, StashAway, a Fintech startup based in Singapore focused on providing wealth management, announced it had secured US $2.15 million in funding for its Series A round. StashAway is a software solution for individual investors to manage their investment portfolio. StashAway claims to… Read More

May 18, 2017 @ 1:20 pm By Jonathan Nieh  |  

According to an article published on Trustnodes today, Ethereum is now handling almost half the transaction volume of Bitcoin. That might not sound impressive but you have to consider the fact that Ethereum launched less than 2 years ago whereas Bitcoin is over 9 years old…. Read More

May 17, 2017 @ 5:24 am By Jonathan Nieh  |  

I previously reported on Australian startup company Gobbill launching its online bill payment and management platform. Today, the company announced that it had received recognition from the Australian Taxation Office (ATO) that it satisfies the requirements of an Early Stage Innovation Company (ESIC). According to the company’s… Read More

May 16, 2017 @ 3:54 am By Jonathan Nieh  |  

Fintech company QuantGroup, which was founded by several notable Chinese movie stars, is considering a US IPO, according to an article published in Bloomberg last week. The firm is looking to raise an estimated $200 million according to unnamed sources. Major Star Power The Beijing-based… Read More

May 16, 2017 @ 2:37 am By Jonathan Nieh  |  

  Equity crowdfunding and credit unions are a match made in heaven, according to a recent article on Business News Daily. At the heart of equity crowdfunding is the goal of democratizing capital formation; allowing companies to raise money from online communities of investors who campaign… Read More

May 16, 2017 @ 2:01 am By Jonathan Nieh  |  

As reported by Forbes today, Alibaba has invested in online invoice exchange marketplace Qupital, marking the Chinese e-commerce giant’s first foray into fintech investment in Hong Kong. Qupital raised a total of $2 million in its seed round. Accounts Receivable Marketplace Qupital bills itself as Hong Kong’s… Read More

May 14, 2017 @ 11:30 am By Jonathan Nieh  |  

According to an article in Bloomberg, Hong Kong-based financial investment and services firm, Sun Hung Kai & Co., intends to expand its principal investments portfolio to over US $2 billion with an emphasis on investing in fintech. The firm currently has about US $1.4 billion… Read More

May 11, 2017 @ 3:40 am By Jonathan Nieh  |  

According to a recent article on The Cointelegraph, the price of Ether could surge due to activity within China. Similar to Bitcoin, Ether is a cryptocurrency that was developed and offered for sale to the public by Ethereum, a blockchain development platform, back in 2014. The value… Read More

May 9, 2017 @ 6:59 am By Jonathan Nieh  |  

Welcome to Part 1 of a series discussing the various ways an issuer can easily screw up their offering. In this part, we’ll be talking about general solicitation as it applies to Regulation D (Reg D) offerings. For those that are unaware, Reg D is, for… Read More

May 7, 2017 @ 12:11 pm By Jonathan Nieh  |  

On May 3, 2017, the SEC released its proposed amendments to the Investment Advisers Act (the Advisers Act) to reflect changes made under the Fixing America’s Surface Transportation Act (the FAST Act). The FAST Act, which was passed in 2015, amended sections 203(l) and 203(m) of… Read More

May 6, 2017 @ 6:15 pm By Jonathan Nieh  |  

Initial coin offerings (ICOs) have been making headlines lately. Just last week, news broke that Gnosis sold out of its offering in under 10 minutes raising over $12 million and putting its valuation at over $300 million. Yesterday, Cryptocoins News reported that since Gnosis’ ICO last week… Read More

May 4, 2017 @ 4:23 pm By Jonathan Nieh  |  

Speaking on a panel at the 4th Annual CrowdfundingUSA Conference today, Sarah Hanks, CEO and Founder of CrowdCheck Inc., talked about some of the compliance issues facing Regulation CF issuers. Issuers Are Not Filing Annual Reports One of the biggest issues discussed was the ongoing reporting… Read More

May 4, 2017 @ 3:51 am By Jonathan Nieh  |  

Last week, TABB Group released a report entitled “Financial Markets: Embracing RegTech” which focused on the growing issue of increasing regulatory compliance facing financial institutions today. TABB Group is an international research and consulting firm focused on capital markets. Problem: Increasing Regulations Post-2008 The global financial… Read More

May 3, 2017 @ 2:54 am By Jonathan Nieh  |  

Last week, Accenture Consulting published a presentation on how banks can utilize machine learning to draw quicker insights from their data. Machine learning is the specific application of artificial intelligence (AI)  in which computers can learn without being explicitly programmed to do so. How Does it… Read More

May 2, 2017 @ 2:17 am By Jonathan Nieh  |  

Despite a quiet start to Fintech deals on a global level this year, Europe looks like it’s on pace to break records, according to CB Insights’ recent Q1 report. CB Insights reported that European fintech firms raised over $667 million over the first three months of the year… Read More

May 1, 2017 @ 2:23 am By Jonathan Nieh  |  

New Fintech Incubator One of the largest banks in Japan, Mizuho Financial Group, has been in the news recently for several partnerships involving fintech. According to Nikkei Asian Review, the bank is in talks to co-develop a fintech incubator that will be focused on virtual… Read More

April 30, 2017 @ 11:15 am By Jonathan Nieh  |  

Australian startup company, Gobbill, debuted its online bill payment and management service recently. Users who sign up for their services simply create an account and add a credit or debit card. Once their account is setup, users forward any emails containing bills to the company and Gobbill… Read More

April 30, 2017 @ 9:49 am By Jonathan Nieh  |  

The Toronto Financial Services Alliance (TFSA) released a statement this week welcoming Ontario’s support for the Fintech sector. The announcement by TFSA followed Ontario releasing its budget containing a strategy for advancing Fintech in the region.  The TFSA is a private/public partnership whose goal is to… Read More

April 28, 2017 @ 8:54 am By Jonathan Nieh  |  

This week, two separate partnerships involving Fintech education were announced in Singapore. Visa announced it has partnered with the Singapore Fintech Association and five local polytechnic schools to nurture future talent through a series of engagements with students from the schools. IBM also announced this week… Read More

April 27, 2017 @ 9:23 pm By Jonathan Nieh  |  

Life insurance startup Singapore Life Pte Ltd announced it has raised over US$50 million in its Series A round of funding. The bulk of the investment came from a subsidiary of China Credit FinTech Holdings Limited, a Hong Kong Stock Exchange-listed company. UK-based investment firm… Read More