Are Initial Coin Offerings Good for the Economy? by Cali Haan

P2Binvestor Secures Over $17 Million Through Latest Funding Round to Extend Bank Partnership Program

Marketplace lender P2Binvestor (P2Bi) announced on Thursday it secured more than $17 million in funding from over 20 participants to expand its bank partnership program. ACcording to P2Bi, this was its fourth round of funding and, with the combination of debt and equity, brings its total equity… Read More

Boston’s DCU FinTech Innovation Center Announces Summer 2018 Cohort

The DCU FinTech Innovation Center, a program focused exclusively on fostering pre-seed and seed-stage financial technology companies in New England, announced on Thursday the ten new start-up ventures in its Summer 2018 cohort. As previously reported, the Center is fully funded by Digital Federal Credit Union and… Read More

Revolut Now Offers an App Store for Business Banking

Revolut, a digital only bank that says it is signing up over 120 businesses per day, has launched a new services for their business customers – Revolut Connect. This new feature is described as an “App store” for businesses to help provide easier access to… Read More

MatchMove Teams Up With tmu to Enable Contactless Prepaid Mastercard in South Asia

On Thursday, Asian fintech MatchMove announced it has enabled the first contactless prepaid Mastercard in South Asia. According to MatchMove, the new card is being issued by India’s Federal Bank, is distributed under the brand name tmw by The MobileWallet Pvt. Ltd, India’s first complete payment solution,… Read More

Finn AI Launches on Temenos MarketPlace

Temenos (SIX: TEMN), the banking software company, announced on Thursday the launch of Finn AI on Temenos MarketPlace, which is a platform for facilitating the exchange of value between fintech providers and financial institutions. According to Temenos, Finn AI, which is working with financial institutions such as Bank of… Read More

OTC Markets Publishes Study on Benefits of OTCQX Listing for International Companies

OTC Markets Group has just published a commissioned study by Oxford Metrica, a strategic advisory firm, pointing to the benefits of listing shares on the OTCQX by international firms. OTC Markets is an ATS and competes heavily with the Nasdaq, NYSE etc. So why would an… Read More

Clearhaus Launches Apple Pay in Norwegian Webshops

Danish fintech Clearhaus announced on Thursday it has launched Apple Pay in its Norwegian Webshop. This news comes just a few months after the company revealed its support for the payment method. As previously reported, the company explained that Apple products have always been popular in the Nordics,… Read More

Bank of England Governor Mark Carney: “Profound Changes Demand a New Finance. And a New Finance Demands a New Bank”

In a sweeping speech that was broadly positive, Bank of England Governor Mark Carney set the tone for what will be his final year leading the central bank. Carney said that an “effective financial system must be resilient, fair and dynamic” to deal with tectonic… Read More

LendUp Names Capital One Co-Founder Nigel Morris As Board Chair & QED investors Co-Founder Frank Rotman As Board Members

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Thursday it has appointed Capital One co-founder Nigel Morris joined as board chair, and Frank Rotman, an early Capital One employee and its longtime Chief Credit Officer, joined… Read More

Katipult Releases Blockchain based Secondary Market, Launches First on WeAreStarting in Italy

Katipult (TSXV: FUND)( Frankfurt: K10) has announced the first install of its blockchain based secondary market product. Adhering to a previously posted release time frame, Katipult has launched the secondary market as a pilot on WeAreStarting Srl, an investment crowdfunding platform in Italy. According to Katipult, capabilities of… Read More