March 22, 2018 @ 4:52 pm By JD Alois  |  

Dave Ramsden, Deputy Governor of Bank of England, addressed the topic of Fintech within the Bank in a speech today. The presentation saw the banker announce a new Fintech Hub within the Bank following the success of its internal Fintech Accelerator; “We are now looking… Read More

March 22, 2018 @ 1:46 pm By JD Alois  |  

As was announced earlier today (and leaked out earlier this week) the Australian and UK governments have signed an “enhanced cooperation agreement” on Fintech innovation. Under the new agreement the Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA) will continue to… Read More

March 22, 2018 @ 12:46 pm By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) has published a deck on initial coin offerings. FINMA has scheduled a series of roundtable meetings in collaboration with the Swiss Crypto Valley Association. The first Roundtable took place last week in Zug, Switzerland. In February, FINMA issued a… Read More

March 22, 2018 @ 10:41 am By JD Alois  |  

HM Treasury Publishes Fintech Strategy In a widely anticipated speech today during the midst of UK Fintech Week, Chancellor of the Exchequer Philip Hammond told the audience Britain is the global capital of Fintech and he will do everything he can to maintain this title…. Read More

March 22, 2018 @ 8:49 am By JD Alois  |  

Cyber 2 Automotive Security (c2a),  an OurCrowd Labs/02 incubator company, has announced that its patented Stamper technology, which protects the connected car from cyber threats, is now available to auto manufacturers and suppliers worldwide on a royalty free license basis. The announcement comes just as the US… Read More

March 22, 2018 @ 8:36 am By JD Alois  |  

Mosaic Smart Data, a London based Fintech that helps financial institutions in adapting to regulatory change, has won the inaugural InvestHK UK Fintech Awards.  The recognition was revealed by InvestHK  along with the UK Department for International Trade. The competition received 30 submissions from UK based… Read More

March 22, 2018 @ 7:49 am By JD Alois  |  

Digital challenger bank Revolut will now allow customers to setup and pay online with disposable virtual cards.  According to Revolut, after each transaction, existing card details will be destroyed and new  card details automatically generated. Revolut is offering the new service in a unique way… Read More

March 22, 2018 @ 7:40 am By JD Alois  |  

UK based Investment crowdfunding platform Seedrs has announced a new partnership with Finpoint, a commercial finance broker that provides financing solutions to SME’s. Seedrs says the partnership will support businesses scaling and boost investment into UK businesses. According to the agreement, Seedrs will gain access… Read More

March 22, 2018 @ 12:02 am By JD Alois  |  

This week, the White House issued an executive order that banned any US citizens or entities from participating in the Venezuelan Petro Coin. The creation of the cryptocurrency based off of Venezuelan oil was a response to the economic crises that has been brought upon… Read More

March 21, 2018 @ 11:20 pm By JD Alois  |  

EquityMultiple, a real estate investment platform that caters to accredited investors has bagged general solicitation or accredited crowdfunding. No longer will EquityMultiple publicly promote its real estate offerings online and elsewhere. Previously, EquityMultiple has leveraged Reg D 506c – a new securities exemption created by… Read More

March 21, 2018 @ 6:18 pm By JD Alois  |  

Crowd Machine is gearing up for their public crowd sale on April 1st. The private sale is ongoing with minimum participation of $100,000. Accredited investors only. Same holds true for the public sale for US investors – you must be accredited. But the FAQ appears… Read More

March 21, 2018 @ 2:35 pm By JD Alois  |  

Mike Cagney, a Fintech icon who was founder and CEO of SoFi until he was ejected by the company’s board, has brought his newest startup out of stealth mode. Figure, a Blockchain based online lending platform, is now ready accepting emails for future updates. Figure… Read More

March 21, 2018 @ 2:20 pm By JD Alois  |  

Crypterium, the “crypto bank for everyone”, has hired James Davies as their Chief Financial Officer (CFO). Davies will oversee the payment partner and exchange integration and the all of the company’s finance functions. Crypterium launched an initial coin offering (ICO) last October for a crowdsale… Read More

March 21, 2018 @ 12:41 pm By JD Alois  |  

Innovate Finance, the leading voice for UK’s global Fintech industry, has announced the winner of Pitch360, its Fintech startup competition. The winner of the competition is Exate Technology, a data privacy firm that operates in the Regtech category. Along with being recognized by Innovate Finance,… Read More

March 21, 2018 @ 11:50 am By JD Alois  |  

  We recently published an article from John Auckland, from TribeFirst, about HMRC’s new SEIS / EIS guidelines. Since we released this, the crowdfunding platforms met with HMRC to discuss the potential limitations these guidelines might present for companies looking to raise money through crowdfunding, so… Read More

March 21, 2018 @ 9:25 am By JD Alois  |  

The London Stock Exchange and TheCityUK will be releasing a report on Fintech in the UK later today. In advance of the report, the two entities have revealed data points uncovered in the survey. The UK research polled more than 400 Fintech companies in eight… Read More

March 21, 2018 @ 8:33 am By JD Alois  |  

Empowr, a social media startup, says it will airdop 500 million digital coins beginning on US tax day, April 15th. Each month, empowr says it will distribute 10 million coins through its Bounty Program. This “free” initial coin offering (ICO) is said to be a… Read More

March 21, 2018 @ 8:08 am By JD Alois  |  

Investment crowdfunding platform SyndicateRoom is out with new research that indicates investment risk appetite is increasing while returns fail to match the goals held by nearly half of investors. “The low-yield economic environment is having serious effects on the nation’s ability to reach its financial… Read More

March 21, 2018 @ 7:47 am By JD Alois  |  

London based Opal Transfer has launched a new money transfer service between Italy and the UK. This is an extension of the existing product – money transfer service from the UK to Italy. Opal says it has one of the lowest cost transfer products on… Read More

March 21, 2018 @ 7:38 am By JD Alois  |  

CommonBond, a Fintech platform that enables students and graduates to finance their education, has announced a new $50 million Series D funding round. Fifth Third Capital Holdings, part of Fifth Third Bankcorp (NASDAQ:FITB) led the round with participation from First Republic Bank (NYSE: FRC) and… Read More