January 23, 2019 @ 12:40 pm By JD Alois  |  

Horizon Globex US,  a security token software provider, has signed its first deal to license its internally developed software solution, CustodyWare, to V Stock Transfer, an SEC-registered transfer agent and registrar. VStock will now be able to take custody of tokenized securities issued pursuant to… Read More

January 23, 2019 @ 11:12 am By JD Alois  |  

The Gibraltar Blockchain Exchange (GBX), a regulated token issuance and digital asset exchange, has announced the addition of TRON (TRX) to its Digital Asset Exchange (GBX-DAX). GBX says that TRON has been brought to the GBX-DAX by sponsor firm StratX. The new listing follows the… Read More

January 23, 2019 @ 10:44 am By JD Alois  |  

Finland based peer to peer lender Fellow Finance is now operating in Denmark. The company says it will offer Danish consumers access to credit while Fellow Finance investors will be able to fund Danish loans. Currently, Fellow Finance provides consumer loans in Finland, Germany, Poland, and… Read More

January 23, 2019 @ 10:26 am By JD Alois  |  

Last week RateSetter reported over £3 billion in online lending. Today, RateSetter says more than 75,000 people have invested on the P2P Platform. RateSette reports that investors have earned returns of £120 million with an average interest rate of 4.4% per year since RateSetter launched in 2010. Mario… Read More

January 23, 2019 @ 10:05 am By JD Alois  |  

Stripe has formed a partnership with leading online SME lender Funding Circle  (LSE:FCH). According to a release, Funding Circle is now a “verified extension partner” thus allowing the lender access to Stripe user data to assess the creditworthiness of the business. Funding Circle will provide… Read More

January 23, 2019 @ 8:55 am By JD Alois  |  

Leading investment crowdfunding platform OurCrowd is jumping into the hot cannabis sector. OurCrowd has launched a $30 million cannabis tech fund called 7thirty Opportunity Fund. OurCrowd said it will build the “world’s leading global cannabis technology venture capital fund.” The new fund is said to… Read More

January 23, 2019 @ 8:16 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) issued a consultation today on the emerging “cryptoasset” sector of finance.  The UK is well known for its thoughtful regulatory approach when it comes to innovative new financial services and the final outcome will be watched with interest around… Read More

January 22, 2019 @ 2:25 pm By JD Alois  |  

Just about every international organization that touches finance has postulated on initial coin offerings (ICOs) and what should be done with this new form of access to capital. Last week, the Organization for Economic Cooperation and Development (OECD) had their say. Last fall, the OECD… Read More

January 22, 2019 @ 2:06 pm By JD Alois  |  

Following a Memorandum of Understanding (MOU) which was signed last year, Inditrade Capital and Robocash Group have launched a new short-term consumer lending service in India. Robocash Group says the start of microlending operations by its subsidiary JRG FinCorp. Ltd in India is operating the service… Read More

January 22, 2019 @ 10:25 am By JD Alois  |  

This past week, the state of Wyoming introduced legislation designed to clarify the taxable status of digital assets. The bill (SF 0125), is being sponsored by state Senators Nethercott, Driskill, Perkins and Rothfuss, along with Representatives Harshman, Lindholm, Loucks, Olsen and Wilson. Wyoming has positioned… Read More

January 22, 2019 @ 9:51 am By JD Alois  |  

Verseon (AIM: VSN), a company that provides a “computer-driven approach to drug discovery” says it is trying to change the capital markets landscape by bringing regulatory certainty to the blockchain with the goal of connecting a global investor community with innovative companies in biotech and more. Last… Read More

January 22, 2019 @ 8:52 am By JD Alois  |  

OurCrowd portfolio company Hailo has extended its Series A funding round as additional investors gained interest in the firm. Hailo is a developing a “deep learning processor,” that seeks to empower intelligent devices with the performance of a data center-class computer, operating in real time at… Read More

January 22, 2019 @ 8:27 am By JD Alois  |  

AnaCap-backed payment services provider heidelpay has announced the acquisition of Universum Group in Germany. heidelpay reports that this is their 5th acquisition since 2017. Details of the acquisition were not disclosed. Based in Heidelberg, the heidelpay Group is a fintech service provider in the international payment… Read More

January 22, 2019 @ 7:59 am By JD Alois  |  

Online lender creditshelf has shared the results of their “Financing Monitor 2019.” According to their research, Germany-based SMEs are feeling the consequences of international trade conflicts and questions. “Every second company reports that access to credit has deteriorated compared to the previous year.” creditshelf states… Read More

January 21, 2019 @ 11:11 pm By JD Alois  |  

Yes, there has been too much hype in the blockchain / distributed ledger technology (DLT) sector but there remains a lot of promise. Cut through the noise and different sectors of industry (not just finance) are starting to see some promising traction. Big tech is… Read More

January 21, 2019 @ 10:24 pm By JD Alois  |  

Nicole Houston has been promoted to Chief Executive Officer of MaxDecisions, Inc. Founded by Timothy Li and Henry Wang, MaxDecisions is a Fintech focused analytics, marketing, and risk management firm advising the online lending industry. According to a note from the firm, Houston has been with MaxDecisions since… Read More

January 21, 2019 @ 4:34 pm By JD Alois  |  

The collapse of the crypto market (bear market, crypto winter, whatever you want to call it) has kneecapped a lot of aspiring blockchain based projects that were not savvy enough to hedge their own crypto bets. Hedera Hashgraph is not one of them though. Hedera… Read More

January 21, 2019 @ 12:53 pm By JD Alois  |  

Falcon Private Bank says it is the first Swiss private bank to enable direct transfers of several cryptocurrencies for both private and institutional clients. According to a release from the firm, clients may now transfer to and from segregated Falcon wallets, Bitcoin, Bitcoin Cash, Ether,… Read More

January 21, 2019 @ 11:28 am By JD Alois  |  

A joint report by the European Securities Markets Authority (ESMA), the European Banking Authority (EBA), and the European Insurance and Occupational Pensions Authority (EIOPA), addresses the topic of Fintech Sandboxes, the approach by regulators to partner with emerging Fintech firms by creating a safe place… Read More

January 21, 2019 @ 8:44 am By JD Alois  |  

Crypto Garage has accepted into the Japanese Financial Services Authority (FSA) Fintech Sandbox program. This is the first blockchain and finance project authorized by the Sandbox. The FSA announced the news in a release which was followed by a post by the parent company of… Read More