July 31, 2018 @ 9:56 am By JD Alois  |  

Medici Land Governance, a subsidiary of Overstock (NASDAQ:OSTK) has signed a Memorandum of Understanding (MOU) with the government of Zambia. The agreement is for Medici to provide a land governance program that collects and secures property ownership information using blockchain. The MOU was signed by Trevor Kaunda,… Read More

July 31, 2018 @ 9:00 am By JD Alois  |  

Skyline AI, a tech based real estate investment firm using proprietary artificial intelligence (AI) and data science, has raised $18 Million in a Series A Round. The funding was led by big name VCs such as Sequoia Capital and TLV Partners. Additional participation  came from… Read More

July 30, 2018 @ 11:15 pm By JD Alois  |  

Experian, a financial data firm, has led a $28 million funding round in C88 Financial Technologies Group. C88 is described as one of the largest Fintech firms in Southeast Asia, having served over 50 million customers in Indonesia as CekAja.com and The Philippines as eCompareMo.com. C88 is also… Read More

July 30, 2018 @ 10:43 pm By JD Alois  |  

TransferTo, a cross-border mobile payments network, says its international money transfer business has hit $800 million in the first six months of this year. In 2017 during the same period, TransferTo booked just $310 million. The Fintech also reports it expects to surpass $2 billion… Read More

July 30, 2018 @ 10:26 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) at the Judge Business School at Cambridge University in the UK, has launched their second annual Blockchain study following their first successful blockchain benchmarking report in 2017. CCAF recently completed their 2nd Global Cryptoasset Benchmarking Study and is in… Read More

July 30, 2018 @ 3:41 pm By JD Alois  |  

The Chamber of Digital Commerce’s and their Token Alliance, an initiative of more than 350 blockchain and token experts from around the globe, has published a set of guidelines to help shape the responsible growth of the token and initial coin offering (ICO) markets. The document called Understanding Digital Tokens:… Read More

July 30, 2018 @ 3:36 pm By JD Alois  |  

Ripio, previously doing business a BitPagos before a rebrand, has integrated Ethereum, becoming the first cryptocurrency wallet that allows the purchase and sale of Ethereum in both Argentina and Brazil. Sebastián Serrano, Founder and CEO of Ripio, said the addition of Ethereum will open their door to… Read More

July 30, 2018 @ 1:09 pm By JD Alois  |  

Bitmain, a China based hardware and tech firm that produces some of the most popular mining servers in the cryptocurrency world, is said to be planning an initial public offering (IPO).  According to a report in Fortune, Bitmain is prepping to issue shares at a… Read More

July 30, 2018 @ 9:36 am By JD Alois  |  

A subsidiary of Fintech Creditease, Good Hope Investment Service, is providing “support and sponsored legal fees” to Chinese investors caught up in the EB-5 backlog. CreditEase started as a peer to peer lender but has since migrated into a plethora of Fintech services. EB-5 is… Read More

July 30, 2018 @ 8:40 am By JD Alois  |  

Cryptalgo Holdings AG, based in Zug, Switzerland, has partnered with blockchain advisory firm NKB Group to “address the growing demand from institutional investors for crypto trading, brokerage and asset management services.” Cryptalgo was founded by former Head of Derivatives Distribution for EMEA & LATAM at… Read More

July 30, 2018 @ 8:15 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has shared that member platforms have seen approximately 28,000 Innovative Finance ISAs (IFISAs) opened representing over £300 million in funds under management by their member firms. IF ISAs have seen “significant take-up” according to the P2PFA. IFISAs… Read More

July 30, 2018 @ 7:56 am By JD Alois  |  

FinTech Australian has launched their 3rd annual Fintech report that seeks to track the growth and evolution of Fintech in Australia. As in years past, FinTech Australia has partnered with EY on the research document The 2018 EY FinTech Australia Census expects to highlight how… Read More

July 29, 2018 @ 6:30 pm By JD Alois  |  

This past Friday, the UK Financial Conduct Authority (FCA) finally released their review of the crowdfunding industry regulations. While the investment crowdfunding sector (equity crowdfunding) came away mostly unscathed the loan based sector (or peer to peer lending) took a bit of a lashing. The… Read More

July 29, 2018 @ 6:08 pm By JD Alois  |  

Libra Credit, an online lender in the cryptocurrency space, has received an investment from Binance Labs – the tech incubator and VC portion of Binance – one of the largest cryptocurrency exchanges in the world. According to a post on Medium, the agreement enables BNB… Read More

July 29, 2018 @ 3:29 pm By JD Alois  |  

The US Chamber of Commerce is a powerful association and lobbying group in Washington, DC. They represent over 3 million businesses in the US from the really big ones to the corner shops. And as we all know, small business is the life blood of… Read More

July 29, 2018 @ 10:58 am By JD Alois  |  

FinTech Australia CEO Brad Kitsche expects this year’s annual event to be huge in comparison to last few years. The touchstone conference Intersekt will be adding an extra day and will seek to bring in the participation of all Australian Fintech firms. As part of… Read More

July 28, 2018 @ 8:48 am By JD Alois  |  

Online lender Prosper announced a new milestone yesterday. The marketplace lending platform topped one million loans this past week representing over $13 billion in originations. The news, shared via a blog post, stated; “Since we launched in 2006 as the first peer-to-peer lending company in… Read More

July 27, 2018 @ 3:54 pm By JD Alois  |  

TransferGo has added cryptocurrency trading to its platform succumbing to user demand.  The London based Fintech says it is the first remittance company in the world to offer a cryptocurrency trading facility. TransferGo is starting with executing trades of Bitcoin, Bitcoin Cash, Ethereum, Ripple and… Read More

July 27, 2018 @ 2:10 pm By JD Alois  |  

At the beginning of the year, the Canadian Securities Exchange (CSE) announced its intent to enable blockchain based clearing and settlement. Blockchain, or distributed ledger technology (DLT) has been predicted to provide a growing number of services within the securities industry. In a blog post,… Read More

July 27, 2018 @ 11:45 am By JD Alois  |  

Investment Crowdfunding Rules Deemed Satisfactory. The UK Financial Conduct Authority (FCA) has finally released its long awaited post-implementation review of crowdfunding regulation. As has been widely rumored for quite some time, the FCA is looking to adjust rules governing loan based crowdfunding, also labeled peer… Read More