March 4, 2020 @ 12:21 pm By JD Alois  |  

EY, a global consultancy active in the blockchain sector, has announced a “Baseline Protocol” for the Ethereum blockchain that has been placed in the public domain. EY has partnered with Microsoft as well as ConseSys on the project. Inviduals can express their interest in contributing… Read More

March 4, 2020 @ 11:06 am By JD Alois  |  

As Crowdfund Insider reported earlier this week, the Securities and Exchange Commission (SEC) had scheduled an Open Meeting of the Commission to address access to capital for private firms. To quote the meeting memo: “The Commission will consider whether to propose rule amendments that would… Read More

March 4, 2020 @ 10:50 am By JD Alois  |  

AxiaFunder, a  for-profit litigation funding platform that may provide non-correlated returns for investors, has sent over note indicating the securities offering will open to the public on March 9, 2020. AxiaFunder cruised past its £200,000 target on Seedrs while in private mode and is currently… Read More

March 4, 2020 @ 10:20 am By JD Alois  |  

Crowdfund Insider reported earlier today (March 3, 2020) that trading platform Robinhood had resolved its issues and was back up and running after a day-long outage during one of the biggest market rallies ever. Unfortunately, the news that everything was A-OK was a bit premature… Read More

March 4, 2020 @ 9:40 am By JD Alois  |  

Transnational crime and trafficking is estimated to be around $1.6 trillion to $2.2 trillion annually. In recognition of this growing area of crime, legislation is in the works to require the Comptroller General of the United States to study the phenomena. The “Stopping Trafficking, Illicit… Read More

March 4, 2020 @ 8:44 am By JD Alois  |  

Digital bank Starling Bank has opened a third UK office – this one in Cardiff. According to a note from the Fintech, the office will create 400 jobs in Wales. The new operation will grow Starling’s back-office operation that includes data science, customer service and… Read More

March 4, 2020 @ 8:02 am By JD Alois  |  

Earlier today, Crowdfund Insider reported on the Supreme Court of India’s ruling on cryptocurrency that removed restrictions on virtual currency transactions imposed in April 2018 by the Reserve Bank of India. The ban impeded banks from providing services to entities dealing with cryptocurrencies. Of course,… Read More

March 3, 2020 @ 11:00 pm By JD Alois  |  

Last week, Crowdfund Insider reported on the apparent downfall of a once high-profile real estate crowdfunding platform Prodigy Network. In 2019, its founder and CEO Rodrigo Niño said he was stepping aside following reports of a lawsuit affiliated with a project in Chicago. Things recently… Read More

March 3, 2020 @ 2:44 pm By JD Alois  |  

Dozens of events around the world have been canceled or rescheduled. This includes Fintech focused events. Yesterday, the annual Paris Blockchain Week pushed the event to December. Today, the National Crowdfunding and Fintech Association (NCFA) annual conference, FFCON20, has been postponed to at least June… Read More

March 3, 2020 @ 12:57 pm By JD Alois  |  

Sondors Electric Car Company has raised $449,000 on StartEngine under Reg CF. This is the second offering listed on StartEngine and Sondors has around $1.4 million on StartEngine so far. Sondors got its start in the e-bike world with successful rewards (e-commerce) campaigns. Sondors then… Read More

March 3, 2020 @ 12:40 pm By JD Alois  |  

nu:move a “hybrid estate agent” has easily topped its £150,000 initial goal on Seedrs after receiving direct pre-registered investments of £500k. According to a social media post, nu:move hit the £150,000 goal seven days before a public launch. So what does nu:move do and where… Read More

March 3, 2020 @ 12:06 pm By JD Alois  |  

Security Tokens for Real Estate. Red Swan, a commercial real estate marketplace, has reportedly tokenized $2.2 billion USD in real estate through the security token platform Polymath, according to a company representative. The $2.2 billion is said to represent 16 different Class A commercial properties… Read More

March 3, 2020 @ 11:11 am By JD Alois  |  

CoinList Trade is now offering early access to people who signed up on its waiting list. Announced in the fall of 2019, CoinList Trade is a new iteration of the expanding digital asset ecosystem by CoinList – an offshoot of AngelList. Best known for facilitating… Read More

March 3, 2020 @ 10:36 am By JD Alois  |  

Yesterday, the U.S. Treasury Department held a meeting with cryptocurrency industry leaders to discuss regulatory and supervisory challenges facing the digital asset industry. Secretary Steven Mnuchin issued the following statement: “The U.S. welcomes responsible innovation, including new technologies that may improve the efficiency of the… Read More

March 3, 2020 @ 10:23 am By JD Alois  |  

Most banks suck when it comes to moving money around internationally. Bogus rates and nosebleed fees = screw the customer. Transferwise has generously provided a solution for this problem with its bank-friendly API. Today, Transferwise has announced a new partnership with Activo Bank in Portugal…. Read More

March 3, 2020 @ 9:44 am By JD Alois  |  

No Snow, No Go Insurtech Setoo is now providing coverage for customers of Issta, the largest travel agency in Israel. In a “first of its kind” service, customers can now be protected against poor skiing conditions that can ruin winter holidays. Setoo is a “Protection… Read More

March 3, 2020 @ 9:25 am By JD Alois  |  

ePassi Payments Oy, a mobile payment solution for employee benefits based in Finland, has acquired its Swedish counterpart ActiWay Ab, according to a release. ActiWay is said to be the market leader for wellness allowance systems in Sweden. ePassi claims to be one of the fastest… Read More

March 3, 2020 @ 8:45 am By JD Alois  |  

Online lender LendInvest is now offering a green friendly initiative where Bridge-to-Let borrowers are now eligible to benefit from a cashback when they improve the EPC rating (or Energy Efficiency Rating) of a property during the term of their loan. LendInvest states that borrowers may… Read More

March 3, 2020 @ 8:22 am By JD Alois  |  

Online lending services like peer-to-peer, crowdlending, marketplace lending or direct lending, is predicted to hit $9.6 billion in transaction volume in 2020. A 10% year over year rate of growth, according to a new report. European Fintech loans are expected to hit 1.3 million by… Read More

March 3, 2020 @ 7:49 am By JD Alois  |  

Robinhood, a popular Fintech providing trading services, has now restored all of its services. According to a note from a Robinhood spokesperson, “instability tripped up its tech stack causing a day-long outage. A Robinhood spokesperson distributed the following statement: “On Monday, we experienced an issue… Read More