Featured Headlines

June 16, 2020 @ 1:50 pm By JD Alois  |  

Earlier this month, Crowdfund Insider reported on Varo Money closing on a huge $241 million Series D funding round. Varo Money is a top US-based digital-only bank seeking to challenge entrenched traditional banks while battling other Fintechs. In the realm of Fintech, digital banking is… Read More

June 15, 2020 @ 4:17 pm By JD Alois  |  

Republic, a leading investment crowdfunding platform, is expanding its investment offerings with the acquisition of Compound. While starting as an early stage offering platform, Republic is now providing property investment options with Republic Real Estate. Announced today, Republic has issued the following statement: “We’re excited… Read More

June 15, 2020 @ 8:00 am By JD Alois  |  

Joint study to provide timely data and actionable insights on how the pandemic has affected the Fintech industry globally The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic… Read More

June 14, 2020 @ 6:00 pm By Daniel Kornitzer  |  

The U.S. payments landscape has faced several hurdles when it comes to contactless adoption. But while the growth of contactless payments in the country has been slow, it is expected to gain increased traction through 2020 due to the proliferation of contactless-capable point of sale… Read More

June 12, 2020 @ 2:45 pm By Omar Faridi  |  

  The London Stock Exchange Group (LSEG) and Global Accelerated Ventures (GAV) recently introduced a post-COVID-19 fundraising program that aims to assist Fintech and Healthtech firms that might need additional capital to support their growth and development after the pandemic has passed. The 24-month program… Read More

June 11, 2020 @ 3:22 pm By Nathan Lustig  |  

Increasing financial inclusion is a high-priority goal of many countries because it has a widespread positive impact. Studies show that expanding financial inclusion enables seven of the 17 Sustainable Development Goals, with more financial stability leading to improved social conditions, community development, and economic growth…. Read More

June 10, 2020 @ 5:23 pm By JD Alois  |  

In May, the Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee met to discuss pending decisions by the SEC regarding an update to the exempt offering ecosystem. The SEC Small Business Capital Formation Advisory Committee was established by the SEC Small Business… Read More

June 9, 2020 @ 2:30 pm By Omar Faridi  |  

  Last month, Upgrade, Inc., a Fintech providing consumers access to credit, was named a “Best Place to Work in the Bay Area” by the San Francisco Business Times and Silicon Valley Business Journal. Upgrade was founded by well known Fintech entrepreneur CEO Renaud Laplanche…. Read More

June 8, 2020 @ 1:10 pm By JD Alois  |  

Lemonade, one of the most prominent Insurtechs in the US, has filed an S-1 for an initial public offering (IPO) on the New York Stock Exchange (NYSE). Co-founded by CEO Daniel Schreiber and Shai Wininger, Lemonade seeks to disrupt the traditional insurance market with consumer-friendly… Read More

June 7, 2020 @ 5:00 pm By Xu Gao  |  

The People’s Bank of China Has Launched Innovative Monetary Policy Instruments to Enable Direct Support for the Real Economy In line with the arrangements of the Report on the Work of the Government, the People’s Bank of China (PBC) has launched another two instruments that… Read More

June 6, 2020 @ 2:48 pm By Will Hurst  |  

    The financial services competitive landscape has evolved in recent years and it’s clear that fintechs have certainly disrupted traditional banks. Fintechs include any financial tech company that serves any of the following areas; lending, blockchain, Regtech, personal finance, payments and billing, insurance, capital… Read More

June 4, 2020 @ 6:44 pm By JD Alois  |  

The Office of the Comptroller of the Currency (OCC) has issued an advance notice of proposed rulemaking (ANPR) inviting public comment on its regulations regarding digital banking activities. The OCC is part of the US Department of Treasury and is the main banking regulator in… Read More

June 4, 2020 @ 4:15 pm By JD Alois  |  

SeedInvest, a top US-based investment crowdfunding platform, is reporting solid performance during a difficult period when much of the country has been shuttered due to the Coronavirus pandemic. In a blog post, SeedInvest said the second quarter of 2020 will be its best ever. According… Read More

June 4, 2020 @ 11:00 am By JD Alois  |  

  The Depository Trust & Clearing Corporation (DTCC) is an enormous operation providing the vast majority of clearing and settlement services for securities in the US. To put this in perspective, DTCC processed $2.15 quadrillion (a quadrillion is a thousand trillion) in securities during 2019…. Read More

June 2, 2020 @ 4:34 pm By Charles Hoskinson  |  

When you go to a bar and give your ID to the bartender, do you ever think about how much you’re giving away? Let’s say you use your driving license as your ID; you’re letting the bartender know that you’re not underage, but you’re also… Read More

June 1, 2020 @ 9:30 am By Helga Kaminski  |  

The last few years have seen a revolution in how business thinks about itself. A business doesn’t just serve its shareholders, it serves a community. It has responsibilities to its employees and its customers but also its suppliers and even the environment. Recent events have… Read More

May 31, 2020 @ 2:29 pm By Xu Gao  |  

China’s Top Financial Authorities Roll Out 11 Financial Reform Measures On May 27th, the Office of the Financial Stability Development Committee of the State Council issued a press release that the Development and Reform Commission, the Ministry of Finance, People’s Bank of China, China Banking… Read More

May 30, 2020 @ 7:00 pm By Omar Faridi  |  

  Jon Deane, CEO at InfiniGold,  a company focused on the digitization of physical commodities, recently explained how gold-backed stablecoins can be used to track the spot price of the gold bullion. InfiniGold leverages patented technologies and works with commodity partners to support the wider… Read More

May 29, 2020 @ 5:46 pm By JD Alois  |  

  A couple of months ago Grupeer, a peer to peer lender ostensibly based in Latvia, shut-down all lending and allegedly halted all investor redemptions. In multiple statements, Grupeer management claimed the COVID-19 pandemic had harmed its ability to operate. At the end of March,… Read More

May 28, 2020 @ 11:09 am By JD Alois  |  

Advised by Fintech investment bank FT Partners, Marqeta has raised $150 million at a valuation of $4.3 billion vaulting the company higher in the ranks of both global and US Fintech unicorns. The investment was led by one of the world’s largest asset managers coming… Read More