October 16, 2017 @ 8:10 am By JD Alois  |  

Marvelstone Group, the company behind the world’s largest Fintech hub – LATTICE80, is getting into Artificial Intelligence (AI) in a big way. Marvelstone has announced the creation of the “world’s largest AI Hub” based in Singapore. Marvelstone, based in Singapore, is a private investment group that… Read More

October 16, 2017 @ 7:55 am By JD Alois  |  

London-based BotSkill, a Software as a Service (SaaS) chatbot firm, has secured a £250,000 investment led by the British Robotics Seed Fund (BRSF). Simultaneously, BotSkill has launched an investment crowdfunding campaign on Britbots Crowd. The offer on Britbots Crowd seeks £350,000 for an EIS eligible… Read More

October 15, 2017 @ 6:22 pm By JD Alois  |  

Equity crowdfunding platform StartEngine officially launched their self-crowdfunding round this past Friday. The securities offer seeks a maximum funding goal of $5 million using Reg A+. Both accredited and non-accredited investors may participate in the funding round. StartEngine, one of the larger full stack (Reg… Read More

October 15, 2017 @ 5:47 pm By JD Alois  |  

Geostellar successfully crowdfunded on Republic last week and became the most funded campaign on the platform to date. According to the campaign page, Geostellar attracted the support of 729 investors who invested $325,308 on a minimum goal of $50,000. Geostellar is a platform that is… Read More

October 15, 2017 @ 5:01 pm By JD Alois  |  

Keith Noreika, acting Comptroller of the Currency, published an Op-Ed in the Hill on Friday that hammered the Consumer Financial Protection Bureau’s (CFPB) decision to push forward an updated rule on arbitration clauses for financial service firms. At the time the ruling was announced, CFPB… Read More

October 14, 2017 @ 11:44 am By JD Alois  |  

Earlier this month, Grid+ announced the results of its Initial Coin Offering (ICO) pre-sale that brought in about $27 million. The forthcoming public sale is scheduled to kick off just before Holloween on October 30th. Grid has now raised about half of its 90 million… Read More

October 14, 2017 @ 6:58 am By JD Alois  |  

Ravi Menon, Managing Director of the  Monetary Authority of Singapore (MAS), spoke about the intrinsic potential of Blockchain or Distributed Ledger Technology (DLT) at the Global Blockchain Business Conference last week in India. Singapore is the leading Fintech hub in southeast Asia and is keen… Read More

October 13, 2017 @ 8:04 pm By JD Alois  |  

  Santander InnoVentures, the Fintech VC fund of Santander Group, has invested in the Mexican startup ePesos, a mobile payments company for the underbanked. The $6 million funding round included the participation of VilCap Investments, Pomona Impact, and Fiinlab, the innovation lab owned by Gentera. The… Read More

October 13, 2017 @ 4:33 pm By JD Alois  |  

LendIt Europe took place in London earlier this week with around 1000+ attendees participating including a good showing of regular suspects and an emerging group of early stage, aspiring Fintech firms. For both presenters and attendees the backdrop of the Brexit decision and the uncertainties… Read More

October 13, 2017 @ 8:47 am By JD Alois  |  

P2B Investor has launched an interesting partnership program that is good for banks, good for borrowers and good for P2Bi. Banks, typically smaller banks, would like to lend more to SMEs but are risk averse due to multiple reasons. P2B Investor’s new program allows the… Read More

October 13, 2017 @ 8:30 am By JD Alois  |  

One of the challenges of distributed ledger technology (DLT) is the ability to scale on a global basis.  The massive amount of financial transactions digitally roaming the world are astounding. Zilliqa, created by researchers at the National University of Singapore led by Xinshu Dong, has… Read More

October 12, 2017 @ 7:19 pm By JD Alois  |  

Fundrise, the online marketplace for investing in real estate, shared today that total quarterly dividends topped $3.9 million – the largest to date. More importantly, Fundrise compared their “Supplemental Income portfolio” annualized rate of return to other benchmarks and it looks pretty good. Fundrise is… Read More

October 12, 2017 @ 6:54 pm By JD Alois  |  

  LendingClub (NYSE:LC), the largest marketplace lending platform in the US, has scheduled its quarterly earnings report for November 7th, at 5PM ET (2PM PT). A live webcast of LendingClub’s call will be available at the Investor Relations portion of the LendingClub websit under the… Read More

October 12, 2017 @ 7:48 am By JD Alois  |  

Noting that 2017 is a year that is experiencing a surge in Fintech investment, Accenture’s (NYSE:ACN) 6th FinTech Innovation Lab London, is now open for applications. The deadline for applications is October 20th. The Lab begins in January 2018 and entrepreneurs will ultimately present their… Read More

October 12, 2017 @ 5:11 am By JD Alois  |  

At a presentation by the City of London, a report by KPMG entitled the Value of Fintech, was distributed along with a discussion on the need for the UK to do more to maintain and improve their global Fintech prominence. Speaking for the City of… Read More

October 11, 2017 @ 2:02 pm By JD Alois  |  

Knightscope has raised its maximum target crowdfunding goal of $20 million on SeedInvest. The fully subscribed offering now holds the title of the single largest offer to raise capital on the platform. Knightscope aggressively pursued investors with a slick cable campaign with commercials running on… Read More

October 11, 2017 @ 10:00 am By JD Alois  |  

Russia’s central securities depository, the National Settlement Depository (NSD), shares that it has created a Blockchain based confidentiality solution. NSD says this opens prospects for implementation of blockchain-based corporate solutions across a broader realm of services. NSD says it took half a year for its development… Read More

October 11, 2017 @ 9:37 am By JD Alois  |  

United American Healthcare Corporation (OTC:UAHC), via their subsidiary UAHC Ventures, LLC, has invested $600,000 with SinglePoint, (OTC:SING) through the purchase of a Secured Promissory Note and Warrant. The $600,000 is part of a larger $1.4 million funding round that may move up to $4 million in… Read More

October 11, 2017 @ 8:54 am By JD Alois  |  

There are two ways that big business competes in the USA. You can provide a better product or service for your customers or you can work with elected and appointed officials to block innovative firms. Of course, the consumer loses out in all this, but… Read More

October 11, 2017 @ 8:08 am By JD Alois  |  

Eidoo has launched a new “blockchain asset experience,” designed with the goal to create a secure way for the masses to buy, sell, store, transfer and exchange blockchain-based digital assets. Eidoo’s integrated multi-currency wallet, hybrid exchange and Initial Coin Offering (ICO) engine is said to… Read More