November 28, 2020 @ 6:41 pm By JD Alois  |  

Switzerland has emerged as a Fintech friendly jurisdiction and home to many blockchain-focused financial services firms. The company has long been an important banking center and the Swiss government is keen to maintain its status in a world that is going through a digital transformation…. Read More

November 27, 2020 @ 4:26 pm By JD Alois  |  

10X Capital Venture Acquisition Corp (Nasdaq: VCVCU) has closed its initial public offering of 17,500,000 units at $10 per unit generating gross proceeds of $175,000,000. The units are trading under the ticker on Nasdaq as of November 24, 2020. Each unit consists of one share… Read More

November 27, 2020 @ 1:39 pm By JD Alois  |  

LendInvest, a property finance platform, has been recognized as the BTL [Buy to Let] Lender of the Year at the 2020 National Association of Commercial Finance Brokers (NACFB) awards for the second year in a row. The NACFB is the UK’s trade body for commercial… Read More

November 27, 2020 @ 11:14 am By JD Alois  |  

Challenger bank FinecoBank has expanded its investment offerings once again with a series of funds from Robeco. Account holders will now have access to Robeco’s range of investment products, including a number of products focused in the sustainable sector. FinecoBank says more partnerships are in… Read More

November 27, 2020 @ 11:07 am By JD Alois  |  

Injeq, a Medtech firm based in Finland, has quickly raised €2 million on Invesdor, according to an email from the platform. Invesdor reports that during the private portion of the securities offering, Injeq raised €1.5 million in just a day. The next day, Injeq opened… Read More

November 27, 2020 @ 8:10 am By JD Alois  |  

A report claims that the US Director of National Intelligence (DNI) John Ratcliffe has contacted SEC Chairman Jay Clayton regarding China’s influence in the crypto market including mining. According to the Washington Examiner, the DNI is worried that China has too much control when it… Read More

November 27, 2020 @ 7:33 am By JD Alois  |  

Libra, Facebook’s project to launch a global cryptocurrency, may launch as soon a January but as a stablecoin and not as a basket of assets that it originally sought to create. According to a report in the FT, Libra may launch in early 2021 as… Read More

November 26, 2020 @ 2:19 pm By JD Alois  |  

As all crypto followers know, Bitcoin recently edged closed to its all-time high, topping out at around $19K and change. Then, almost magically, it tanked – now trading around $16,500. While some people view Bitcoin as a store of value, somewhat similar to gold and… Read More

November 26, 2020 @ 1:59 pm By JD Alois  |  

The Central Bank of Iceland (CBI) and SIA, a technology infrastructure and service provider for financial institutions, has launched a new real-time gross settlement system (RTGS) and a new instant payment platform. CBI is a public institution operating under the auspices of the Prime Minister…. Read More

November 26, 2020 @ 10:18 am By JD Alois  |  

In an interview as part of the Fintech Abu Dhabi Festival taking place this week, Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), discussed how Fintech or digital finance has been boosted by the COVID health crisis. Digital Transformation Menon shared that… Read More

November 26, 2020 @ 9:21 am By JD Alois  |  

ETC Group, a digital security firm, is out with note claiming that since listing on the Deutsche Boerse’s Xetra the BTCetc Bitcoin Exchange Traded Crypto (ticker BTCE) has become the most liquid Bitcoin backed exchange-traded product (ETP) in the world. BTCE is 100% backed by… Read More

November 25, 2020 @ 12:55 pm By JD Alois  |  

Motive Capital Corp has filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 30,000,000 units at a price of $10.00 per unit, consisting of Class A Ordinary Share of the Company, and one-third of… Read More

November 25, 2020 @ 11:39 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has posted the 20 finalists for the 2020 Global Fintech Hackcelerator, an annual event that saw aspiring firms look to adapt to the challenges of COVID-19. MAS states that the Global Fintech Hackcelerator identifies innovative market-ready solutions to address… Read More

November 25, 2020 @ 11:02 am By JD Alois  |  

Digital bank Revolut has announced that it will hand over one Bitcoin, worth around £14,333 right now, as part of a “Black Friday Crypto competition.” The promotion is only available for UK customers. Revolut users just need to set up a Crypto Recurring Buy worth at… Read More

November 25, 2020 @ 8:10 am By JD Alois  |  

Peer to peer lending marketplace Mintos has surpassed £7 million on Crowdcube on the final day of the securities offering. The Mintos security offering should be one of the largest offerings on Crowdcube for 2020. Mintos is raising equity capital at a pre-money valuation of… Read More

November 25, 2020 @ 7:44 am By JD Alois  |  

Saas provider Konsentus has announced the launch of its Open Banking Hub (OB Hub), a cloud based service that offers clients a global open banking solution. According to Konsentus, the OB Hub is designed to remove the complexity involved in setting up a central and… Read More

November 24, 2020 @ 9:00 pm By JD Alois  |  

Republic Cities, an initiative by the crowdfunding platform to create a local connection in cities around the US, has launched in Dallas, according to multiple reports. Earlier this month, Republic acquired the small business crowdfunding platform of Nextseed, a one-time FINRA regulated funding portal and… Read More

November 24, 2020 @ 3:32 pm By JD Alois  |  

Special purpose acquisition company (SPAC), 10X Capital Venture Acquisition Corp traded on the Nasdaq today in an initial public offering of 17,500,000 units at a price of $10.00 per unit for a gross capital raise of $175 million. The units are trading under the ticker… Read More

November 24, 2020 @ 2:14 pm By JD Alois  |  

The exempt securities marketplace can be arcane and challenging to manage for entrepreneurs seeking to raise capital. The advent of online capital formation has helped to democratize access to capital as well as streamline securities offerings but hurdles do remain. A new startup co-founded by… Read More

November 24, 2020 @ 12:37 pm By JD Alois  |  

Somewhat unexpectedly, the Securities and Exchange Commission (SEC) has announced a proposed framework for gig economy workers to receive compensation by the issuance of securities. According to the SEC, the framework provides an exemption from registration for the issuance of compensatory securities by non-reporting issuers,… Read More