August 30, 2018 @ 9:23 pm By Samantha Hurst  |  

Swarm Fund, a blockchain for private equity platform, announced on Thursday it has entered an agreement to list security tokens on OpenFinance Network (OFN), the trading platform for tokenized securities. According to Swarm, OFN has continued to establish partnerships throughout the digital asset and blockchain industries… Read More

August 30, 2018 @ 8:31 pm By Samantha Hurst  |  

UK-based fintech Glint completed its highly successful Crowdcube funding round with a total of £2,166,290 invested from 1659 investors. The funding round was launched in July and quickly surpassed its initial funding target of £1,250,000. As previously reported, Glint was founded in 2015 and is now on… Read More

August 30, 2018 @ 3:00 pm By Samantha Hurst  |  

UK-based Finastra announced on Thursday it has joined the Bahrain FinTech Bay hub, which reportedly brings financial service players from various financial institutions, banks, and investors to fintech companies, developers, industry bodies and academics in order to drive innovation and create new growth opportunities. Finastra… Read More

August 30, 2018 @ 1:00 pm By Samantha Hurst  |  

AlphaPoint, a U.S.-based blockchain company focused on enabling institutions to launch, scale, and operate digital asset networks and exchanges all over the world, announced on Thursday it has formed a partnership with VerifyInvestor.com, a tZero subsidiary and a provider of investor verification services for accredited… Read More

August 30, 2018 @ 11:08 am By Samantha Hurst  |  

Pagaya Investments, a Fintech company in the asset management space, announced on Thursday it secured $14 million through its Series B funding round, which was co-led by Oak HC/FT and Harvey Golub. This news comes just six months after Pagaya received a $75 million in debt financing… Read More

August 30, 2018 @ 10:33 am By Samantha Hurst  |  

Just a little over a month after announcing it was extended its digital money transfer services in five new countries, MoneyGram (NASDAQ: MGI) announced it has joined forces with GCash to launch a new money transfer service to more than 10 million GCash mobile wallets in the… Read More

August 30, 2018 @ 9:15 am By Samantha Hurst  |  

Tez, an India-based mobile payments app, announced earlier this week it has rebranded to Google Pay. The rebranding comes nearly one year after Tez made its debut. Since launching in September 2017, Tez has reportedly attracted more than 22 million people and businesses, who use… Read More

August 30, 2018 @ 7:53 am By Samantha Hurst  |  

Digital challenger bank Starling Bank announced on Thursday the launch of its current accounts specifically for 16 and 17-year-olds. According to Starling Bank, the accounts will have the functionality of a full current account, empowering young people to manage their money effectively and offering them payment… Read More

August 29, 2018 @ 4:29 pm By Samantha Hurst  |  

Private lending syndication platform CrowdOut Capital announced on Wednesday the completion of a multi-million dollar term loan to Shale Support, a provider of frac sand and logistical solutions to the oil and gas proppant market. According to CrowdOut, the loan will support the acquisition of two… Read More

August 29, 2018 @ 3:51 pm By Samantha Hurst  |  

UK-based marketplace LendInvest announced on Tuesday individuals and small companies who invest through its online investment platform, are now covered by the Financial Services Compensation Scheme (FSCS). According to LendInvest, the majority of the lending platform investors may now be eligible for compensation in the event of a… Read More

August 29, 2018 @ 2:12 pm By Samantha Hurst  |  

Raisin UK, a successful European Fintech that provides a marketplace for consumers to earn more money on their savings, announced on Wednesday it has launched a new savings platform in the Netherlands. The company reported that it expanded its reach in the Netherlands after introducing… Read More

August 29, 2018 @ 1:43 pm By Samantha Hurst  |  

Swarm, a blockchain for private equity platform, announced on Wednesday the release of its Market Access Protocol (MAP) for tokenized security trading. According to Swarm, the new MAP will reportedly provide a streamlined solution that facilitates the efficient flow of compliant transactions while also offering both privacy protection… Read More

August 29, 2018 @ 12:45 pm By Samantha Hurst  |  

Standard Chartered announced on Wednesday it has joined forces with Siemens Financial Service and TradeIX to create an end-to-end blockchain-based trade finance guarantee platform. According to the trio, this new platform is to transform the traditionally paper-intensive bank guarantees business. The companies claim to be the first blockchain client… Read More

August 29, 2018 @ 11:15 am By Samantha Hurst  |  

Orbs, an Israel-based hybrid blockchain scaling base-layer protocols, announced on Tuesday it has established a partnership with Ground X, the blockchain subsidiary of South Korean internet company Kakao, for research, development, and business cooperation. Through the partnership, Orbs has expanded into South Korea and opened… Read More

August 29, 2018 @ 10:09 am By Samantha Hurst  |  

Terra, a price-stabled cryptocurrency that’s designed for mass adoption, has successfully secured $32 million through its seed funding round, which features investments from  Binance Labs, OKEx, Huobi Capital, and Dunamu & Partners.  Terra describes itself as a protocol of money that ensures price-stability by algorithmically… Read More

August 29, 2018 @ 8:57 am By Samantha Hurst  |  

Mortgage marketplace lender LendingHome announced on Tuesday it surpassed $3 million in loan originations. The milestone news comes just little over eight months after the online lender surpassed $2 billion in loan originations. Founded in 2013 and began lending in mid-2014, LendingHome states it has the online… Read More

August 28, 2018 @ 4:38 pm By Samantha Hurst  |  

Xoom, an international money transfer service created by PayPal, announced on Tuesday it has formed a partnership with Ria, a Euronet Worldwide subsidiary and global money remittances firm, to offer Xoom customers cash pick-up service at more than 150,000 of Ria’s international network locations. Xoom reported that… Read More

August 28, 2018 @ 4:22 pm By Samantha Hurst  |  

On Monday, cryptoasset-to-USD lender BlockFi announced it is now serving customers in the state of California. The company reported that this California launch markets the expansion of its lending footprint to nearly 45 states. Founded in 2017, BlockFi describes itself as a secured non-bank lender that… Read More

August 28, 2018 @ 3:13 pm By Samantha Hurst  |  

Paystack, an Africa-based payments platform, secured $8 million through its Series A funding round, which was led by Stripe, with participation from Visa, Tencent and Y Combinator. Founded in 2015, Paystack states that it helps Nigerian businesses accept Mastercard, Visa, and Verve cards from anyone, anywhere… Read More

August 28, 2018 @ 2:47 pm By Samantha Hurst  |  

Cryptocurrency index fund Bitwise Asset Management announced on Tuesday it has teamed up with Mark Yusko’s Morgan Credit Digital to create a digital asset index fund specifically designed for institutional investors. According to Bitwise, the Digital Asset Index Fund will provide endowments, foundations, pensions, wealthy families, and… Read More