March 26, 2018 @ 9:27 am By JD Alois  |  

The Request Network Foundation has formed a partnership with the PwC France and Francophone Africa Blockchain Lab. According to the Request Network, this partnership will shape and develop the future of professional services, taking a leading role in offering solutions to clients’ needs of on-boarding… Read More

March 26, 2018 @ 9:13 am By JD Alois  |  

Ron Suber, President Emeritus of Prosper and a prominent Fintech advocate, has joined the advisory board of MoneyLion. Suber was quoted in a report explaining his interest in the online lender; “MoneyLion is seeing Facebook.com, Inc FB -like engagement with its app. Users are coming back daily. When… Read More

March 26, 2018 @ 8:55 am By JD Alois  |  

Penta, a Berlin-based Fintech, has announced a new feature to digitize company formation in Germany. Penta has launched “Compass” a platform that enables businesses to incorporate, create a share structure and open a bank account in less than 24 hours unlike the weeks long process… Read More

March 26, 2018 @ 8:08 am By JD Alois  |  

CryptoSecurities Exchange (CSX) wants to be the first “SEC-registered, Blockchain-based national securities exchange. The company reports it has already registered with the Securities and Exchange Commission, FinCEN and addressed other regulatory needs. The aspiring crypto exchange says it has established a SuperPAC to promote their… Read More

March 26, 2018 @ 7:51 am By JD Alois  |  

Purplebricks Group plc (AIM: PURP), a “hybrid estate agent,” has received a £125 million strategic investment from German conglomerate Axel Springer via its subsidiary of Fünfundachtzigste Vermögensverwaltungsgesellschaft mbH. Following the investment, Axel Springer will own approximately 11.5% of Purplebricks. Concurrently, Purplebricks will appoint Dr Andreas… Read More

March 26, 2018 @ 1:22 am By JD Alois  |  

Swiss Fintech Award winner Proxeus has announced an interesting partnership with data storage facility MOUNT10. Proxeus recently won recognition as the “early stage startup of the year” as it seeks to disrupt data storage by using Blockchain tech. This partnership with MOUNT10 is said to… Read More

March 25, 2018 @ 10:19 pm By JD Alois  |  

Fashion shop DSTLD closed its second crowdfunding round on SeedInvest this past weekend. According to the campaign page, DSTLD raised $3.1 million from 1783 investors. Pre-money valuation was pegged at $30 million. Individual investors received preferred equity if they decided to back the direct to… Read More

March 25, 2018 @ 8:00 pm By JD Alois  |  

FinTech Australia has extended the deadline for nominations regarding the 2018 Finne Awards. The new deadline is now midnight April 8th.  Judging is scheduled to take place immediately after the deadline with finalists notified on Monday, May 7th. It all comes together for the gala… Read More

March 25, 2018 @ 1:05 pm By JD Alois  |  

A recent report in ECNS indicates China wants to have a “dynamic approach” regarding Fintech or internet finance. The report was referencing a press conference following the 13th National People’s Congress that was held earlier this month that involved the Zhou Xiaochuan, Governor of the People’s… Read More

March 25, 2018 @ 12:00 pm By JD Alois  |  

There is an ongoing debate in Canada regarding the regulatory approach to financial services. As it stands today, thirteen different financial regulators hold sway when it comes to securities compliance instead of a single national regulator. To the casual observer this makes absolutely no sense… Read More

March 25, 2018 @ 10:04 am By JD Alois  |  

Aspiring “crypto-bank” Crypterium says it will see its token trade on the HitBTC exchange beginning March 26th. The CRPT coins are already trading on EtherDelta but this may not be an official agreement between the company and exchange. Crypterium has stated: “Do not rely on P2P… Read More

March 24, 2018 @ 7:07 pm By JD Alois  |  

Binance, one of the largest cryptocurrency exchanges in the world, has setup shop in the Mediterranean Island country of Malta. The EU country is tiny at just 122 square miles in geography. The population tops out at around 450,000. The weather is perfect in the… Read More

March 24, 2018 @ 3:30 pm By JD Alois  |  

This should come as no surprise to anyone who has been following Telegram. One of the fastest growing messaging / social media platforms in the world is poised to top $1.7 billion with its initial coin offering. This is according to a recent report in… Read More

March 24, 2018 @ 11:02 am By JD Alois  |  

Arizona has become the first state in the US to enact a law that creates a regulatory Fintech Sandbox. This is an interesting move as the US Securities and Exchange Commission has been slow to embrace Fintech innovation by creating their own Fintech Sandbox meanwhile… Read More

March 23, 2018 @ 2:56 pm By JD Alois  |  

Just as the UK announced a working group tackling cryptocurrencies, Ireland has announced their own similar task force. Incorporate within a report recently published by the Irish Department of Finance, the government proposed the creation of an intra-departmental Working Group on virtual currencies and blockchain technology…. Read More

March 23, 2018 @ 1:24 pm By JD Alois  |  

The Financial Services Agency (FSA) in Japan has slapped Binance with a warning regarding cryptocurrency exchanges that operate without being registered with the FSA. Binance is one of the largest cryptocurrency exchanges in the world. Recently, the crypto-exchange thwarted a hack attack. Binance then placed… Read More

March 23, 2018 @ 11:59 am By JD Alois  |  

Here is a quick note on Lendix, the France-based online lending platform that is rapidly expanding across the European continent. In a tweet, founder and CEO Olivier Goy revealed that Lendix experienced its largest one day ever in loans uploaded to the site.   Mis… Read More

March 23, 2018 @ 11:49 am By JD Alois  |  

  Italy is joining a growing roster of countries that have established Fintech associations designed to guide emerging innovations in finance. According to a note from the organizers, ItaliaFintech currently represents 19 companies that, in aggregate, have about 1 million clients while managing € 450 million… Read More

March 23, 2018 @ 1:00 am By JD Alois  |  

Today, the UK Chancellor of the Exchequer Philip Hammond announced an updated agreement signed with Australian Treasurer Scott Morrison to firmly establish a Fintech bridge between the two countries. This virtual bridge will see both public officials and private partiers working together to foster Fintech… Read More

March 22, 2018 @ 10:13 pm By JD Alois  |  

This is an interesting move by TMX Group, the operator of the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, and more. TMX Group has partnered with Paycase Financial to launch the first ever public cryptocurrency brokerage desk by a major exchange…. Read More