September 27, 2017 @ 3:00 am By JD Alois  |  

Digital only challenger bank Revolut will now enable users to insure their mobile phone for as little as £1.00 per week as the Fintech firm launches the first phase of its insurance offering. The key term here is first phase, of course, as Revolut’s push… Read More

September 26, 2017 @ 10:30 pm By JD Alois  |  

Paragon, the Cannabis oriented company and its affiliated Paragon Coin is killing it. The pre-sale of the Initial Coin Offering (ICO) launched several weeks back and sold out at 70,000,000 PRG.  The remaining 30 million in PRG is open to the public now until mid-October…. Read More

September 26, 2017 @ 3:39 pm By JD Alois  |  

June Ou, SoFi’s CTO and VP of Engineering, will depart the online lender. The move is not completely unexpected as Ou is also the wife of ousted founder Mike Cagney who ignominiously left the firm under a cloud opprobrium. Reuters first reported the news last… Read More

September 26, 2017 @ 12:21 pm By JD Alois  |  

Another day, another challenge for the cryptocurrency world. Bloomberg is out with report that Singapore banks are quietly closing bank accounts of some cryptocurrency and payment firms. Singapore regulatory authorities recently issued a cautionary statement on Initial Coin Offerings (ICOs), just like the rest of… Read More

September 26, 2017 @ 11:48 am By JD Alois  |  

Crowdfunding on NextSeed, Poitin has now raised over 80% of its $100,000 minimum goal. Meanshile, the campaign creator has shared that outside investors have stepped up to fund the company but he intends on keeping the offer open. The new bar and restaurant in Houston’s… Read More

September 26, 2017 @ 10:03 am By JD Alois  |  

The Financial Market Supervisory Authority (FINMA) shut down E-Coin last week saying the entity had accepted deposits without holding a banking license. Something you should not do in Switzerland. At the same time, FINMA launched bankruptcy proceedings against the individuals involved. FINMA labeled the E-Coins… Read More

September 26, 2017 @ 8:25 am By JD Alois  |  

The newest investment crowdfunding platform is focusing on a very specific niche. Britbots Crowd, officially launched today, is the worlds first equity crowdfunding platform that is all about supporting British based robotics startups. The platform has been developed in partnership with Envestry, who also provide… Read More

September 26, 2017 @ 7:58 am By JD Alois  |  

The UK Amazon Growing Business Awards ceremony will take place on 29th November 2017 at The Brewery, London. Today, the e-commerce/tech company has announced their shortlist of companies in the mix to win.  According to Amazon, more than 500 nominations were received from across the… Read More

September 25, 2017 @ 10:48 pm By JD Alois  |  

LendIt Europe, the event series specializing in Fintech and online lending, has announced the finalists for its 2017 PitchIt competition taking place at the O2 in London on the 9th & 10th of October. This year, LendIt’s PitchIt competition is hosted and co-organized by Startupbootcamp FinTech…. Read More

September 25, 2017 @ 9:09 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has just published their first benchmarking report on the emerging global Blockchain market. Earlier this year, CCAF published a benchmarking report on the global cryptocurrency markets.  CCAF has established themselves as the leading research in the alternative finance… Read More

September 25, 2017 @ 4:25 pm By JD Alois  |  

The European Central Bank (ECB) has published a “Guide to assessments of Fintech credit institution licence applications.” The purpose of the Guide is described as seeking to enhance transparency for potential Fintech bank applicants and increase their understanding of the procedures and criteria applied by… Read More

September 25, 2017 @ 12:11 pm By JD Alois  |  

Speaking at the Online Lending Policy Summit in Washington, DC, Acting Comptroller of the Currency Keith Noreika discussed the online lending industry and his perspective on responsible innovation. Noreika told the conference participants; “I see the growth of online lending and marketplace lenders as the… Read More

September 25, 2017 @ 11:15 am By JD Alois  |  

The NEM.io Foundation, a group that has created a peer-to-peer blockchain platform, is holding a series of events for the NEM community and newcomers to the blockchain ecosystem. Singapore based NEM provides an “out-of-the-box” blockchain solution, and its series of local events and global webinars… Read More

September 25, 2017 @ 9:08 am By JD Alois  |  

Seedrs alumni, beauty on demand company blow LTD., has received a substantial investment from UK retail brand Debenhams of $10 million for a minority stake in the firm.  Blow Ltd. raised £1.3 million from over 300 investors via equity crowdfunding platform Seedrs in June 2016 with a… Read More

September 25, 2017 @ 8:34 am By JD Alois  |  

Nigel Green, CEO and founder of deVere Group, says the deVere Vault can now store and manage a total of 27 different currencies having just added 22. The deVere Vault is being described as the world’s most international e-money app. Newly added to the list of… Read More

September 25, 2017 @ 7:59 am By JD Alois  |  

  UOWN is a new online property crowdfunding platform that is offering potential annual returns starting from 6%. The company promotes “an innovative business model” which provides access to previously off-market “proven performer” rental properties. UOWN, based in Leeds, is the creation of brothers Shaan,… Read More

September 25, 2017 @ 7:44 am By JD Alois  |  

FundedHere, a Singapore-based crowdfunding platform, has successfully raised S$ 505,500 for two local startups. Both campaigns included the pairing of professional investors with individuals not classified as Accredited Investors (AI).  This is a first for FundedHere and follows a recent global trend where investment crowdfunding… Read More

September 24, 2017 @ 10:18 pm By JD Alois  |  

New Zealand based social enterprise Ethique is preparing to launch their second equity crowdfunding campaign on PledgeMe to raise growth capital to fuel their global expansion. Founded by CEO Brianne West, Ethique was an early adopter of equity crowdfunding having raised capital on PledgeMe back… Read More

September 24, 2017 @ 9:57 pm By JD Alois  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has scheduled a Fintech conference to engage Fintech thought leaders, financial regulators and platforms at the upcoming FinTech Abu Dhabi in October 2017.  The event highlights the growing interest in the potential for… Read More

September 24, 2017 @ 2:05 pm By JD Alois  |  

The Global Crowdfunding Convention (GCC) will be delivering their Crowdfunding Visionary Award to former President Barack Obama. The award is in recognition of his signing into law the bipartisan JOBS Act of 2012. This is the legislation that created the three different iterations of crowdfunding;… Read More