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Wirecard: Collapse of Fintech Causes Deutsche Bank’s Accounting Lead to Step Aside, Former COO on Interpol’s Most Wanted List, Book is in the Works

Wirecard, the Fintech that deserves the award for the most spectacular fraud and ensuing collapse of 2020, continues to earn headlines for the financial disaster. It was recently reported that Deutsche Bank’s head of accounting was compelled to temporarily step aside due to his involvement… Read More

How New P2P Regulations Make the Industry Safer for Investors in Southeast Asia

Digital lending platforms have made strong inroads in Southeast Asia over the past few years. In 2016 alone, peer-to-peer (P2P) business lending generated US$115.01 million—more than half of Southeast Asia’s total alternative financing market that year.  This growth can be attributed to a combination of… Read More

Digital Asset Insiders Comment on FSOC Report

The US Department of Treasury has published the annual FSOC report. The Financial Stability Oversight Council convenes every year to review potential systemic risks to the financial services industry. FSOC members include the top financial services regulators including the SEC, the Fed, the OCC, etc…. Read More

The US Department of Treasury FSOC Report Addresses Fintech, Digital Assets and More

The US Department of Treasury has posted the annual Financial Stability Oversight Council (FSOC) report and financial innovation is a prominent part of the document. FSOC was established by the Dodd-Frank Act and is charged with three primary purposes: To identify risks to the financial… Read More

Anchorage Founder and President Diogo Mónica Comments on Digital Assets, Bitcoin Price: This Time it’s Different

Founded in 2017, Anchorage has emerged as a top digital asset platform serving institutions investing in the crypto sector. Big money demands robust protocols and tech stacks and Anchorage is providing all of this in a full-service financial platform for the future of finance. Co-founded… Read More

Southeast Asia’s Startups are Ripe for Investors Looking for the World’s Next Generation of Tech Stars

Emerging from the pandemic while other regions are still in the midst of crisis is giving the region an advantage.  The venture market in Southeast Asia has grown exponentially in the last five years but it’s not too late for LPs to dive in. While… Read More

Democrat Members of House Committee on Financial Services Send Requests to President-Elect Biden Including Madden v. Midland Change, Rescind CFPB Sandbox, Stop Banks from Holding Crypto

Yesterday, the Democratic members of the Committee on Financial Services, led by Chairwoman Maxine Waters, published a letter addressed to President-elect Joseph Biden demanding that the incoming administration should prioritize the elimination of certain rules and regulations on day one of his presidency. In a… Read More

How is Fintech Developing During COVID? The Global COVID-19 Fintech Market Rapid Assessment Study Answers Your Questions

  The Cambridge Centre for Alternative Finance (CCAF) released a report this week entitled The Global Covid-19 Fintech Market Rapid Assessment Study. The report seeks to better understand the development of Fintech during a time of a global pandemic. The research was supported by the… Read More

Scott Freeman: Co-Founder at JST Capital Says Bitcoin and Other Cryptos Exhibit Characteristics Found in Other Asset Classes

We recently connected with Scott Freeman, Co-Founder and Partner at JST Capital, a New York-based financial services firm currently focused on the digital asset market. The partners of JST have spent more than twenty years working in the traditional financial services sector. They’ve now entered… Read More

Stripe Treasury to Allow Customers to Embed Financial Services, Offers Banking as a Service, Will Include Interest Bearing Accounts

In another nail in the coffin of brick and mortar banking, Stripe has announced Stripe Treasury, a platform that will allow users to leverage APIs to embed or leverage financial services such as savings accounts. In an extensive announcement Stripe said it was also partnering… Read More

Why B2B Fintechs are Descending on Latin America

Although the COVID-19 pandemic is accelerating technology adoption across all industries in Latin America, the financial services sector is experiencing some of the fastest progress. The Fintech sector has been particularly resilient during the crisis over the past year, and its growth may even match… Read More

Cambridge Centre for Alternative Finance, World Bank and World Economic Forum Present Global Study on COVID-19 Impact on Fintech

The Cambridge Centre for Alternative Finance (CCAF), along with its partners the World Bank and the World Economic Forum, hosted a presentation this week outlining its findings in a study reviewing the COVID-19 pandemic and its impact on the Fintech industry. The survey was launched… Read More

Report Touts Landmark Regulatory Changes Impacting Private Markets While Providing Insight into Operations of SeedInvest

FT Partners, the leading Fintech focused investment bank in the US, has posted a presentation that covers the investment crowdfunding sector while incorporating a Q&A with SeedInvest founder and CEO Ryan Feit. SeedInvest is also a FINRA regulated broker-dealer and has been approved for an… Read More

Luke Stokes: MD at Foundation for Interwallet Interoperability Says Crypto Needs User-Friendly Apps to Achieve Mainstream Adoption

  We recently connected with Luke Stokes, Managing Director for the Foundation for Interwallet Operability as well as the Interim Executive Director for the EOS Foundation, which is focused on supporting the development of EOS, a major platform for building decentralized applications (dApps). Stokes says… Read More

Fintech Firm Stripe Is Investing like An Early-Stage VC Company with 22 Investments in Startups, Industry Professional Confirms

Blockchain and Fintech advisor Efi Pylarinou notes that Stripe has been actively investing in many different startups — 22 and growing. Pylarinou writes in a blog post that Stripe is currently in the spotlight as the Fintech firm is ranked quite high based on several… Read More

Pradeep Goel: CEO at Solve.Care Reveals how Definitize, a DAO for Healthcare Financing, Leverages DeFi to Improve Medical Services

We recently caught up with Pradeep Goel, CEO of Solve.Care, which is a global healthcare blockchain technology platform. Solve.Care recently announced the launch of Definitize, a Decentralized Autonomous Organization (DAO) for healthcare financing. Definitize aims to improve access to care, which should enhance healthcare outcomes… Read More

Investment Crowdfunding Advocates Join to Launch New Fintech Startup GUARDD in Move to Boost Secondary Markets for Exempt Securities

The exempt securities marketplace can be arcane and challenging to manage for entrepreneurs seeking to raise capital. The advent of online capital formation has helped to democratize access to capital as well as streamline securities offerings but hurdles do remain. A new startup co-founded by… Read More

Don’t Treat Everything Like a Financial Instrument: 5 Questions Commenters Must Consider About MiCA (with Proposed Answers!)

MiCar: Markets in Crypto-Assets Regulation. Everyone seems to forget that blockchain is a database software at its core; better database software to be sure because it makes digitally unique items (known as “crypto-assets” or “digital assets”) possible in a transparent, auditable, and secure system, but… Read More

China: WeiyangX Fintech Review

Corporate SaaS Platform Gongsibao Secures Series B Financing led by NIO Capital and 5Y Capital On November 18th, corporate SaaS platform Gongsibao announced that it had received more than RMB 100 million in Series B financing led by NIO Capital and 5Y Capital (formerly known… Read More

Arca Chief Legal Officer Phil Liu Comments on Crypto Regulation

  Phil Liu is Chief Legal Officer and co-founder of Arca – a regulatory compliant digital asset investment platform that is building financial products utilizing blockchain. Arca is the first firm to offer a registered fund with shares issued as a digital security. The Fund… Read More

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