March 1, 2018 @ 8:18 am By JD Alois  |  

Nordic Tech House and FundedByMe have launched a new collaboration with their first joint venture with Qurant, an enterprise within the digital healthcare business. Both companies strongly believe that Qurant can change the future landscape for occupational health care. The equity crowdfunding campaign launched on… Read More

March 1, 2018 @ 7:57 am By JD Alois  |  

UK based Innovation Foundation Nesta has opened applications for the Open Up Challenge, a £2.5 million prize fund backing next-generation Fintech for small businesses. This is a global competition and Nesta encourages aspiring Fintech companies from around the world to apply. Both start-ups and established… Read More

February 28, 2018 @ 11:35 pm By JD Alois  |  

The environment for initial coin offerings (ICOs) in the US has changed dramatically in the past few months. In July of 2017, the Securities and Exchange Commission (SEC) issued the DAO report that identified the token offering as a security indicating at least some of the… Read More

February 28, 2018 @ 6:12 pm By JD Alois  |  

“Scores” of subpoenas are being issued by the Securities and Exchange Commission (SEC) regarding initial coin offerings (ICOs), according to a brief write up in WSJ.com. The report echos what Crowdfund Insider reported earlier this week as industry insiders have been talking about SEC investigations… Read More

February 28, 2018 @ 4:52 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against Steven J. Muehler, his wife Claudia M. Muehler, his associate Koorosh “Danny” Rahimi and and three companies under control. The SEC enforcement action alleges operating an unregistered broker dealer, facilitating unregistered securities, defrauding small businesses while promising… Read More

February 28, 2018 @ 4:09 pm By JD Alois  |  

WorldFirst, a global payments provider, has published their Global Trade Tracker that provides a glimpse of UK SME activity during the quarter. According to their numbers, international trading by UK SMEs declined by almost 50% in comparing Q4 of 2017 to the same quarter in… Read More

February 28, 2018 @ 11:59 am By JD Alois  |  

Codex, a Blockchain based decentralized title registry for arts and collectibles, has received a $5 million investment from Pantera Capital, a prominent investment firm targeting blockchain tech. Codex reported that Pantera Capital’s co-Chief Investment Officer, Joey Krug, has joined as an advisor to the company…. Read More

February 28, 2018 @ 10:13 am By JD Alois  |  

The Bundesminiserium der Finanzen in Germany (Federal Ministry of Finance) posted a notice yesterday regarding VAT tax treatment of Bitcoin and other virtual currencies. The document, in German, is embedded below.  In brief, the German government will not tax In brief, using Bitcoin as a… Read More

February 28, 2018 @ 9:08 am By JD Alois  |  

Towards the end of last year, Maksim Zaslavskiy was hit with several lawsuits regarding an inital coin offering (ICO) that was deemed an unregistered security by the Securities and Exchange Commission (SEC) along with alleged acts of fraud. The SEC charged Zaslavskiy,  REcoin Group Foundation, DRC World, Diamond Reserve Club, … Read More

February 28, 2018 @ 8:03 am By JD Alois  |  

Edgybees has raised $5.5 million in seed funding backed by leading global crowdfunding platform OurCrowd along with Motorola Solutions Venture Capital, Verizon Ventures, 8VC, NFX, and Aspect Ventures Edgybees has created augmented reality (AR) technology that may utilized on drones and other vehicles designed to help… Read More

February 28, 2018 @ 7:32 am By JD Alois  |  

Online capital formation and more traditional funding methods continue to converge as Seedrs, a leading UK investment crowdfunding platform, has provided access to the Augmentum Fintech initial public offering (IPO) on the London Stock Exchange. The £100 million IPO saw more than £500,000 of investment… Read More

February 27, 2018 @ 10:30 pm By JD Alois  |  

Bankorus (formerly MiCai), a provider of Robo-advisor solutions to wealth management companies and individuals with a combined AUM of $30 billion, is partnering with AI Catapult, the new Blockchain and AI accelerator created by JD.com. JD.com is one of the largest digital commerce platforms in… Read More

February 27, 2018 @ 5:24 pm By JD Alois  |  

Three Australian groups have joined together to produce a report that outlines the steps taken by Fintech lenders to boost both transparency and disclosure. FinTech Australia, the Australian Small Business and Family Enterprise Ombudsman, and theBankDoctor published a report today that reviews Fintech lending to… Read More

February 27, 2018 @ 3:03 pm By JD Alois  |  

Switzerland has become known as a center of excellence for the cryptocurrency industry. In fact, many initial coin offerings (ICO) call Zug, Switzerland home – even if they are not really based there. The Swiss regulators (FINMA) have recognized the emergence of digital currencies as… Read More

February 27, 2018 @ 1:11 pm By JD Alois  |  

Swedish electric car manufacturer Uniti  says it has concluded its first step in bringing its electric vehicle (EV) to Asia with a successful introduction of the Uniti One at India’s Auto Expo 2018 in New Delhi. Without providing specific order numbers, Uniti said it had… Read More

February 27, 2018 @ 10:48 am By JD Alois  |  

As we reported yesterday, Circle has acquired cryptocurrency exchange Poloniex for $400 million. Not a small sum. But Poloniex has a small issue it must address soon. It is currently operating as an un-licensed securities exchange. Additional information regarding the acquisition surfaced yesterday that indicated… Read More

February 27, 2018 @ 10:13 am By JD Alois  |  

Pagaya Investments, a Fintech company in the asset management space, has received $75 million in debt financing from Citi. Simultaneously, Pagaya announced the creation of the “Opportunity Fund” to meet growing institutional interest in consumer credit as an asset class. Launched in2016, Pagaya has raied… Read More

February 27, 2018 @ 9:52 am By JD Alois  |  

Amazon is one of the most innovative and disruptive big tech companies today. Led by visionary Jeff Bezos, Amazon’s story starts from humble beginnings as a mere book seller. Today, Amazon is pointing its tech guns at many different industry. Sure, Amazon is the place… Read More

February 27, 2018 @ 9:18 am By JD Alois  |  

Propnology, a property crowdfunding platform that is based in the UK and has been in operation since 2015, is equity crowdfunding on Dubai-based Eureeca. One of the first FCA approved property investment  platforms, Propnology is seeking £300,000 for a 14% equity stake in the firm…. Read More

February 27, 2018 @ 8:34 am By JD Alois  |  

Aventus Systems, a UK based Blockchain ticketing infrastructure company, has  hired Andrew Ford as their Chief Marketing Officer. Ford has a 20-year career in the B2B and B2C technology industry, having held a number of startup board advisory roles and was previously the CMO at… Read More