June 14, 2018 @ 8:55 am By JD Alois  |  

A report by Beauhurst is revealing that challenger bank Redwood has raised £9.8 million as the UK digital banking market heats up. Redwood is the newest addition to the future of banking joining peers, Monzo, Starling, Revolut and more. These are the names that may… Read More

June 14, 2018 @ 8:32 am By JD Alois  |  

B21 has launched their “personal wealth manager exclusively for crypto assets.” B21 is described as a mobile-focused platform that allows anyone to build a portfolio of cryptocurrencies currently including Bitcoin, Ethereum, EOS with additions determined by user voting. The App is available in both iOS… Read More

June 13, 2018 @ 7:00 pm By JD Alois  |  

FinTech Australia has shared the 2018 Finnie Award winners. The second annual industry event recognizes the best in financial innovation in the fast growing sector of finance. Receiving the top award of Australia’s outstanding FinTech leader of the year is Katherine McConnell, the founder and CEO of… Read More

June 13, 2018 @ 6:38 pm By JD Alois  |  

The JOBS Act of 2012 was create with the recognition of the importance of providing funding to early stage ventures and entrepreneurs. Access to capital can be really hard. This is even more true if you happen to live outside of prominent hotbeds of innovation… Read More

June 13, 2018 @ 9:34 am By JD Alois  |  

There is an element of irony that Switzerland is one of the most cryptocurrency focused and forward thinking countries in the world, yet it remains a challenge for blockchain based companies to establish a bank account in the Alpine nation. This week, that changed as Hypothekarbank… Read More

June 13, 2018 @ 7:50 am By JD Alois  |  

Katipult Technology Corp. (TSXV: FUND)( Frankfurt: K10), a Canada based Fintech, has closed on a C$3.05 million offering of unsecured debentures. Katipult provides investment management and crowdfunding software, including secondary market and blockchain based securities features. Katipult listed its shares on the TSX Venture exchange in late… Read More

June 12, 2018 @ 5:44 pm By JD Alois  |  

Everyone knows that it can take some time to move your cryptocurrency around, depending on the coin. It can take even longer to exchange your crypto for cash – as in US dollars. Sure, there are plenty of companies that provide crypto to fiat withdrawals…. Read More

June 12, 2018 @ 2:33 pm By JD Alois  |  

Coinbase has announced their intent to add support for Ethereum Classic (ETC). Coinbase said it will now beging the work necessary to support ETC. The news helped to drive the price of ETC higher as traders may expect greater liquidity of ETC in the coming months…. Read More

June 12, 2018 @ 11:26 am By JD Alois  |  

The House Financial Services Committee has scheduled a hearing entitled “Financial Industry Regulation: the Office of the Comptroller of the Currency.” The hearing, which will involve the Comptroller of the OCC Joseph Otting, will take place on Wednesday, June 13 at 10AM ET at the Rayburn… Read More

June 12, 2018 @ 8:50 am By JD Alois  |  

  Just as North America is drawing a line in the sand, drawing a hard line that defines just about all initial coin offerings as securities, France appears to be heading in a different direction. Organized by the Autorités Des Marchés Financiers (AMF), France launched a consultation… Read More

June 12, 2018 @ 8:03 am By JD Alois  |  

Lithuania has published a set of guidelines seeking to provide greater clarity for cryptocurrencies and initial coin offerings (ICOs). Vilius Šapoka, the Lithuanian Minister of Finance, wrote that his country has seen an ” explosion of ICOs and blockchain based projects.” This explosion has created… Read More

June 12, 2018 @ 4:00 am By JD Alois  |  

With Brexit top of mind, online mortgage lender LendInvest has become a fellow of the Luxembourg House of Financial Technology (LHoFT), the country’s leading Fintech innovation hub. LendInvest has had a presence in Luxembourg since 2014 when it established a Luxembourg fund. Now LendInvest will… Read More

June 11, 2018 @ 8:13 pm By JD Alois  |  

The Canadian Securities Administrators (CSA) has published a notice addressing the issue of initial coin offerings (ICOs) and whether, or not, these tokens are securities. The document by the CSA leaves little room for utility tokens to actually exist – at least not in the… Read More

June 11, 2018 @ 7:48 am By JD Alois  |  

The Decentralized Accessible Content Chain (DACC) project is reporting that it has received solid backing from both institutional and individual investors for its private token sale, which was said to be oversubscribed within a matter of hours. The private sale was scheduled to run from… Read More

June 11, 2018 @ 7:22 am By JD Alois  |  

EOS, by Block.one, is one of the most anticipated and hyped blockchain ecosystems yet. The initial coin offering (ICO) raised $4 billion. Recently, the EOS team announced their platform was ready for launch. But as part of the validation process, 15% of the tokens must… Read More

June 11, 2018 @ 6:08 am By JD Alois  |  

SAFEs or Simple Agreements for Future Equity are popular investment options for early stage startups that are not quite ready to peg a value on the company.  They are also commonly used on investment crowdfunding platforms. SAFEs typically represent an opportunity to purchase stock at… Read More

June 10, 2018 @ 6:54 pm By JD Alois  |  

The Canadian Government, under the auspices of the Department of Finance, has published a series of updated rules to strengthen Canada’s AML / ATF Regime that includes regulating businesses dealing in virtual currency. The Canadian government states that the fast changing financial services industry is being… Read More

June 10, 2018 @ 11:41 am By JD Alois  |  

SingularityNET, a company seeking to create a blockchain based marketplace for artificial intelligence (AI) solutions, has had its cryptocurrency listed on the Binance exchange. The “AGI” Token powers the SingularityNET platform with the goal of making access to AI algorithms more open and democratic. The listing… Read More

June 10, 2018 @ 11:19 am By JD Alois  |  

Republic, an investment crowdfunding platform that is mission driven, has published a new Diversity Report that recognizes the fact that “good ideas are universal – opportunity isn’t.” In the US, securities laws have been skewed to favor the wealthy (think of the current punitive definition… Read More

June 9, 2018 @ 2:38 pm By JD Alois  |  

Online lender Unchained Capital has closed on a $2.995 million seed round, including a $595k SAFE. Investors included, Michael Komaransky, Brian Spaly, Mike W. Erwin and Whurley of Ecliptic Capital, and Ezra Galston of Starting Line. In addition to making investments this round, Komaransky, Erwin and Galston… Read More