October 29, 2018 @ 11:02 am By JD Alois  |  

According to the Telegraph today, a recent report on crypto-assets and the potential for added regulation from the UK Parliament, warns that regulatory over-reach may crush the UKs leading Fintech hub status. Patrick Curry, chief executive of the British Business Federation Authority, told the Telegraph,… Read More

October 29, 2018 @ 9:15 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) is reporting an increase in complaints directed at regulated firms during the first 6 months of 2018. This represents a “new record level” of 4.13 million complaints made to 3161 firms. This is an increase of 10% versus the… Read More

October 29, 2018 @ 8:13 am By JD Alois  |  

Thread, a new spin on the retail experience that combines artificial intelligence with stylists, has quickly raised over £1 million on Crowdcube. The equity offering which has a pre-money valuation of £68,620,541, is part of a larger Series A round that has been backed by… Read More

October 29, 2018 @ 5:00 am By JD Alois  |  

Announced the first day of the Crypto Summit in Zurich, Switzerland, Smart Valor has launched a project to create the first stablecoin backed by the Swiss Franc. Smart Valor is a digital assets platform and compliant marketplace for crypto – including security tokens. The Swiss… Read More

October 28, 2018 @ 11:00 pm By JD Alois  |  

Last week during LA Blockchain Week, the Crypto Invest Summit took place at the Los Angeles Convention Center. This event followed a successful Spring event where over 4500 individuals registered but organizers struggled to handle the sudden rush to attend the event. The Fall CIS… Read More

October 28, 2018 @ 8:49 pm By JD Alois  |  

On Friday, the Securities and Exchange Commission of Thailand issued a warning to investors pertaining to nine different initial coin offerings (ICOs) / tokens. The Thai SEC stated these offerings, which are typically promoted via social media platforms such as Facebook, have not been reviewed… Read More

October 28, 2018 @ 6:31 pm By JD Alois  |  

FICO (aka Fair Isaac Corporation) has been around since about 1956, back in the day of punch card computers. Widely utilized and frequently criticized, FICO is the most quoted grade when consumers apply for a loan. But Fintech can make a FICO better, or perhaps… Read More

October 28, 2018 @ 5:27 pm By JD Alois  |  

Crypterium has announced that as of last week 400,000 users will be given the opportunity to test paying their loans directly via cryptocurrency.  Crypterium is already allowing consumers in Australia to transfer crypto and deposit into bank accounts with a partnership with BPAY. Led by former… Read More

October 28, 2018 @ 4:50 pm By JD Alois  |  

CI reported last month that the Conference of State Bank Supervisors (CSBS) was considering filing a lawsuit against the Office of the Comptroller of the Currency (OCC). Once again, the CSBS mission is a legal challenge to the much debated OCC Fintech Charter. Last week, the… Read More

October 27, 2018 @ 8:24 pm By JD Alois  |  

In much of the world, digital asset companies are frequently accompanied by challenges with the traditional financial system. Initial coin offering issuers and crypto-intermediaries regularly find themselves struggling to open a simple bank account. In France, this will not be the case according to a… Read More

October 26, 2018 @ 5:29 pm By JD Alois  |  

Groupama AM and Tikehau Capital have joined to create the Groupama Tikehau Diversified Debt Fund (GTDDF). This new fund has the European Investment Fund (EIF) as an anchor investor and will help finance European SMEs but mainly French ones, according to a release. The GTDDF is… Read More

October 26, 2018 @ 4:57 pm By JD Alois  |  

The much heralded JOBS Act was signed into law in 2012 during a brief moment of bi-partisan cooperation. The objective was to drive economic growth, and job creation, via a series of regulatory updates including the legalization of investment crowdfunding. But has the JOBS Act… Read More

October 26, 2018 @ 10:51 am By JD Alois  |  

There is drama today at leading Chinese peer to peer lending platform Dianrong. Dainrong was founded in 2012 by Soul Htite, a prominent Fintech executive who was the former CTO of Lending Club. In fact, the online lender has been described as the “LendingClub of China…. Read More

October 26, 2018 @ 9:18 am By JD Alois  |  

Real estate crowdfunding platform iintoo is offering a new service. The investment platform is now providing principle protection for accredited investors using their platform. The new service dubbed “Epiic” or Equity Protection Investment Community is similar to a self insured vehicle. iintoo has hooked up… Read More

October 26, 2018 @ 8:04 am By JD Alois  |  

EstateGuru, an Estonia based real estate crowdfunding platform, has launched an updated website and rebranding. EstateGuru COO Mihkel Stamm said their objective is to provide “hassle-free, flexible financing to property developers and entrepreneurs as well as diversified property backed cross-border investment opportunities to our international investor base.”… Read More

October 25, 2018 @ 2:32 pm By JD Alois  |  

Beauhurst is out with UK deal numbers for equity investment in Q3 and both the amount, and total number of deals, dropped in comparison to Q2. In fact, the total number of deals is the lowest since Q3 of 2014. The report indicates the following:… Read More

October 25, 2018 @ 12:12 pm By JD Alois  |  

Fintech unicorn Revolut is taking some heat for what appears to be a clumsy recruitment tactic that may backfire. First reported in Spanish news site ElDiario, the digital bank has apparently requested applicants for a open position to work for free and provide 200 bank… Read More

October 25, 2018 @ 4:35 am By JD Alois  |  

Sir Richard Branson’s annual Extreme Tech Challenge (XTC) has announced the 2018 winners of its fourth annual competition. This year’s winner is Power Ledger, a software company from Australia that is using blockchain technology to enhance the adoption and accessibility of clean energy worldwide. The… Read More

October 25, 2018 @ 4:22 am By JD Alois  |  

Mobile payments and loyalty platform Yoyo has secured $30 million in a partnership agreement from Twitter and Coinbase investor Hard Yaka, according to a note from the firm.  As part of the agreement, Yoyo will integrate its “omni-channel commerce API” with Hard Yaka’s global user identification platform… Read More

October 25, 2018 @ 3:25 am By JD Alois  |  

The UK Department for International Trade has announced a series of new agreements with the Netherlands designed to boost closer collaboration with the Netherlands. The announcement coincided with a Dutch State Visit which took place on October 24th. Several of the deals included Fintech deals…. Read More