January 22, 2018 @ 2:49 pm By JD Alois  |  

Global money transfer site Transferwise is quickly becoming a bank. The cool thing about Transferwise is they are providing bank like services minus the silly fees that currently pollute traditional banking services. That’s huge. As previously announced, Transferwise is rolling out their glowing green debit… Read More

January 22, 2018 @ 2:10 pm By JD Alois  |  

  @DavidSonstebo & @DomSchiener I am looking forward to start serving on the Supervisory Board of the IOTA Foundation. Great work @iotatoken! https://t.co/moKjBkyIMl — Johann Jungwirth (@JohannJungwirth) January 21, 2018 The IOTA Foundation has announced that Johann Jungwirth, Chief Digital Officer of Volkswagen, has joined… Read More

January 22, 2018 @ 12:09 pm By JD Alois  |  

The tZero initial coin offering is one of the most anticipated ICOs scheduled to take place this quarter. tZero, an offshoot of Overstock.com, is founder Patrick Byrne’s vision of the digital asset future. While the past year has been a sugar rush bonanza of global… Read More

January 22, 2018 @ 11:26 am By JD Alois  |  

Anthony Noto, Chief Operating Officer at Twitter, is expected to move into the CEO spot at Fintech platform SoFi, according to multiple reports. Noto is responsible for Twitter’s  business operations and revenue generating organizations, including global advertising sales, global partnerships, business development, live content, data, revenue… Read More

January 22, 2018 @ 10:49 am By JD Alois  |  

Dash, an e-commerce and payments-focused digital currency that wants to challenge Bitcoin’s prominence, has been integrated into US-based cryptocurrency exchange, Mercury Cash. This exchange is on a mission is to create a “regulated bank for the new digital generation.” This integration means Dash will join Ethereum… Read More

January 22, 2018 @ 10:29 am By JD Alois  |  

Labeling it a “world first,” sales of art at an forthcoming Mayfair art exhibition will be conducted solely in cryptocurrency. Requiem for the Emblem of Power by British artist Paul Wager will commemorate the centenary of the end of the First World War will be holding… Read More

January 22, 2018 @ 9:55 am By JD Alois  |  

Aurora Labs S.A., a Panama based company, has completed their initial coin offering raising over $6 million. Aurora has launched the IDEX – a real time decentralized cryptocurrency exchange. The funds received will be used to fuel platform growth. Aurora announced a strategic partnership with… Read More

January 22, 2018 @ 8:39 am By JD Alois  |  

BAWAG Group and Berlin based Fintech Spotcap have formed a strategic partnership to give Austrian small and medium-sized enterprises (SMEs) access to same-day financing. The partnership is said to be the first time Spotcap will offer its lending platform and proprietary analytics to a bank and marks… Read More

January 22, 2018 @ 8:07 am By JD Alois  |  

Peer to peer lender RateSetter said its commercial lending vertical will focus solely on secured lending in its commercial finance vertical. Following a review of its commercial finance operations, RateSetter said it would move to “simplify” its commercial finance by funding only property backed or… Read More

January 21, 2018 @ 9:32 pm By JD Alois  |  

While not attending in person, CI was there in spirit for the North American Bitcoin Conference in Miami last week. And according to our sources, it was rocking event. Sure, there was the diversity thing before the conference but we expect organizers will be more… Read More

January 21, 2018 @ 2:11 pm By JD Alois  |  

Weiss Ratings, a company that currently provides investment ratings of over 40,000 investments including individual stocks, Mutual Funds and ETFs, is going crypto. Weiss has announced that beginning this week, on January 24th, the company will be issuing letter grades on digital currencies including;  Bitcoin, Ethereum,… Read More

January 21, 2018 @ 1:58 pm By JD Alois  |  

There is legislation moving through the state of New York that shifts some responsibility regarding online lending to the New York Department of Financial Services (NYDFS). [S07294 and A8938] Originally, there was a bill that was signed into law on December 29, 2017, by Governor Andrew Cuomo, that… Read More

January 21, 2018 @ 1:35 pm By JD Alois  |  

Malaysia has not only been forward thinking when it comes to Fintech but it has also pursued a path of corporate diversity. Last April, public officials updated the Malaysia Code on Corporate Governence (MCCG) to require gender diversity policy along with targets and specific corporate… Read More

January 20, 2018 @ 9:11 am By JD Alois  |  

The International Organization of Securities Commissions (IOSCO) issued a warning statement this past week regarding initial coin offerings (ICO). The IOSCO Board also shared it had established an ICO Consultation Network through which members may discuss their experiences and bring their concerns, including any cross-border… Read More

January 20, 2018 @ 9:02 am By JD Alois  |  

The International Organization of Securities Commissions (IOSCO) has published a warning on initial coin offerings (ICOs). The Board Communication should come as no surprise as dozens of national securities regulators have published warnings already as public officials struggle to grapple with the concept of digital… Read More

January 19, 2018 @ 1:43 pm By JD Alois  |  

Bot the Securities and Exchange Commission (SEC) and the Commodities Future Trading Commission (CFTC) have been dedicating additional resources towards cryptocurrencies, such as Bitcoin, and the hot initial coin offering market. Today, the CFTC released two reports regarding enforcement actions against crypto-related fraud.  Simultaneously, the… Read More

January 19, 2018 @ 11:53 am By JD Alois  |  

The Securities Commission Malaysia (SC), along with Bank Negara Malaysia (BNM), has issued a new “cautoinary statement” regarding investor interest in initial coin offerings (ICOs). This is not the first time SC has warned the public against dubious crypto offerings. Today’s statement affirms that ICOs… Read More

January 19, 2018 @ 11:32 am By JD Alois  |  

A group of 500 Startups Global Seed Accelerator alumni have launched a new token offering designed to help individuals get exposure into promising initial coin offerings (ICOs). 22X Fund claims the title of the first-ever token offering backed by real equity. The token pre-sales begin on… Read More

January 19, 2018 @ 10:13 am By JD Alois  |  

WealthForge has announced they have reached the half billion dollar milestone in capital investment transactions processed. WealthForge reports these investments have helped fund more than 300 private offerings hosted on their platform. with an average offering size of $17 million. “We’re very pleased by the… Read More

January 19, 2018 @ 9:57 am By JD Alois  |  

Zopa, one of the largest peer to peer lenders in the UK, has announced an increase in interest rates paid to investors. Zopa currently offers two diversified investment tiers: Zopa Core and Zopa Plus. Returns have increased from 3.7% for Core and 4.5% for Plus… Read More