JD Alois

LATTICE80 Forms New Partnership with Lithuania Agency for Science, Innovation and Technology

LATTICE80 and Lithuania’s Agency for Science, Innovation and Technology (MITA) have parnered up on startup incubation. The largest Fintech hub in the world will help Lithuania accelerate growth of Fintech including AI, Blockchain and Cyber security. partner on startup incubation MITA was established on in… Read More

Report: France to Allow Blockchain Tech for Securities Transfers

Lost among the national mourning for French icon Johnny Hallyday was the news that France will allow Blockchain technology to be utilized to transfer certain securities. According to a report in Les Echos, distributed ledger technology has been presented to the Council of Ministers and… Read More

Bank Branches No More: RBS Keeps Shuttering Bricks & Mortar Locations as Digital Banking Revolution Continues

On December 1st, the Royal Bank of Scotland (RBS) announced it would close 62 RBS branches and 197 NatWest branches. The shuttering of these bank branches is not unique to RBS and is indicative of the global Fintech revolution. This is not the first time… Read More

Is South Korea Backtracking on ICO Ban? FSC Vice Chair Moderates Stance on Token Offerings as New Task Force is Formed

This past week saw a bit of reversal in South Korea’s stance on Initial Coin Offerings (ICO). In September, it was reported that Korea had decided to totally ban ICOs following a similar approach by China. But during a presentation at the National Assembly by… Read More

Coinbase: Bitcoin Price Increase Creates Stress on Our Systems

Coinbase had probably its biggest week ever as the price of Bitcoin shot through the roof last week. While the price of Bitcoin has settled down a bit at around $16,000 (for now), the the rapid rise of BTC was joined by extreme volatility as… Read More

KPMG Report: Fintech is Key for Hong Kong Banking as 2018 will see Mainstream Adoption

KPMG published a report on the Hong Kong banking industry this past week and Fintech plays a prominent role in the theme of the document. Hong Kong has been a prominent financial center since almost the beginning of time but in the Fintech race –… Read More

Coinbase Becomes Top Download in Apple App Store

Coinbase has become a huge beneficiary from the euphoria surrounding the rapid rise in the price of Bitcoin. Although there are plenty of wallets and exchanges out there, the San Francisco based operation is one of the biggest and certainly best known way to invest… Read More

Telcoin, a Mobile Cryptocurrency Solution, Plans ICO Launch on December 11th

Telcoin, a French Accelerator startup that is based in Tokyo, is planning to launch an Initial Coin Offering (ICO) on December 11th. Co-founded by Claude Eguienta and Paul Neuner, Telcoin has created a cryptocurrency that expects to be distributed by mobile operators and accepted everywhere…. Read More

Downing Crowd Comments on “Massive” Rise in Debt Based Securities in Crowdfunding as Indicated in CCAF Research

Downing Crowd, a debt based crowdfunding platform, says “crowdfunding for grown-ups has arrived” as indicated by data correlated in the Cambridge Centre for Alternative Finance (CCAF) report on the UK alternative finance industry. The report by CCAF revealed alternative finance growth of 43% to £4.6… Read More

F10 Demo Day Report: 12 Fintech Startups Graduate

Swiss Fintech Incubator and Accelerator F10 has announced that the second Demo Batch Day has been its biggest yet, with over 400 people attending. The Demo Day took place in Zürich  on December 7th. The Demo Day marks the end of months of work for the Startups, who… Read More

TMT Investments Partners with Waves Platform with Crypto Fund for Blockchain Startups, Plans ICO

TMT Investments, an LSE listed company (AIM:TMT.L) has proposed to launch a new Crypto fund to invest in Blockchain startup. The joint initiative includes a group of American investors and will be supported by the Waves Platform. The TMT Crypto Fund will hold both crypto… Read More

Property Crowdfunding Platform Property Partner Now Has £100 Million in Assets Under Management

Property Partner, a UK based property crowdfunding platform, now has over £100 million in Assets Under Management (AUM), according to a report from the platform. This amount represents a 4X increase since December 2015 when Property Partner held £21.9 million in AUM. Property Partner also… Read More

HM Treasury Launches £2 Million Fintech Competition to Develop App to Improve Credit Scores for Renters

HM Treasury has launched a Fintech competition to use rental payment data to improve credit scores and mortgage applications for the 11 million renters in the UK. HM Treasury is offering £2 million to entrepreneurs who can develop an application that will enable Britain’s renters… Read More

Australian Fintech Industry Approves: Legislation Passed on AML for Cryptocurrencies

FinTech Australia, the advocacy group for Australia’s burgeoning Fintech industry, has given its seal of approval following the Australian Parliament’s passage of Anti-Money Laundering (AML) legislation.  According to Fintech leaders, the governmental approach regarding cryptocurrencies, such as Bitcoin, will position Australia as a world leader… Read More

Dubai Financial Services Authority & Hong Kong Monetary Authority Sign Fintech Cooperation Agreement

The Hong Kong Monetary Authority (HKMA) and the Dubai Financial Services Authority (DFSA) have signed a Fintech Co-operation Agreement today to boost collaboration between the two regulatory authorities, with a view to facilitating financial innovation in the two jurisdictions. The Co-operation Agreement was signed by… Read More

CCAF: Startups & SMEs are Big Beneficiaries of UK Alternative Finance as Market Grows by 43% Year over Year

The Cambridge Centre for Alternative Finance (CCAF), the leading global research institute for all things Fintech, has published its fourth annual survey on UK alternative finance. According to the report, entitled Entrenching Innovation: The 4th UK Alternative Finance Industry Report, the sector of emerging financial… Read More

Coinbase Struggles to Keep Up with Bitcoin Demand

The rapid rise in the price of Bitcoin has caused an increase in interest in Coinbase – one of the largest cryptocurrency exchanges and wallets in the world. Having exchanged over $50 billion in crypto – you would think the tech stack could keep up…. Read More

Italian Regulator CONSOB Updates Crowdfunding Rule to Apply to All SMEs

The Italian financial markets regulator (Consob – Commissione Nazionale per le Società e per la Borsa) has issued resolution No. 20204, a new regulatory provision updating the regulation that introduced equity crowdfunding in Italy. Italy was one of the first European countries to issue a… Read More

Crikey! Credible Raises $50 Million with Initial Public Offering in Australia on ASX

Credible, a very promising early stage Fintech marketplace, has gone raised $50 million in an Initial Public Offering (IPO). While the IPO is in itself interesting, the fact that Credible listed on the Australian Securities Exchange (ASX) is telling. The offering, described as the largest… Read More

Yawn: Bitcoin Now Over $17,000 in Value

Another day, another record for the worlds most popular cryptocurrency. Bitcoin has been hurdling along toppling records in thousand dollar leaps. We last reported, two days ago, that Bitcoin had topped $12,000. In hindsight, that report (and amount) seems premature as Bitcoin seems rather determined… Read More