Featured Headlines

June 5, 2021 @ 11:41 am By JD Alois  |  

The G7 Finance Ministers, along with several international organizations, met the past couple of days in the UK to discuss “building a strong, sustainable, balanced and inclusive global economic recovery.” Intermingled amongst the goal of creating a global minimum tax of 15% targeting big tech… Read More

June 5, 2021 @ 10:55 am By Xu Gao  |  

The People’s Bank of China Launches a Pilot Scheme for Integrated Application of Financial data The People’s Bank of China has launched a pilot scheme for the integrated application of financial data across the country. Commercial banks, clearinghouses and non-bank payment platforms from Beijing, Jiangsu,… Read More

June 4, 2021 @ 2:37 pm By JD Alois  |  

The rise of the “meme stocks” has been a fascinating adventure with the combination of ubiquitous technology and the ability to drive trading by retail investors in a way that has never been experienced before. While a certain amount of manipulation of markets has always… Read More

June 3, 2021 @ 1:00 pm By JD Alois  |  

Last month it was widely reported that Binance, the largest cryptocurrency exchange in the world, was under investigation by US authorities. Both the US Department of Justice (DOJ) and the Internal Revenue Service (IRS) were said to be scrutinizing the activity of the digital marketplace…. Read More

June 2, 2021 @ 4:00 pm By Omar Faridi  |  

We recently caught up with Paul Barroso, Co-founder & CEO of Atani and Haydeé Barroso, Co-founder & COO at Atani. Paul and Haydeé explained how their platform allows users to access many different crypto exchanges such as Binance, Huobi, Coinbase Pro, among many others. Atani… Read More

June 1, 2021 @ 12:00 pm By JD Alois  |  

Envestors is a unique online investment platform operating in the UK that bridges the crowdfunding market with a white-label service. Envestors also operates a “private investment club” that lists offerings for sophisticated investors. Since its launch, Envestors reports over £112 million raised for early-stage ventures. To… Read More

June 1, 2021 @ 11:13 am By JD Alois  |  

Leading Fintech SoFi (NASDAQ:SOFI) has successfully listed on the Nasdaq as part of a SPAC deal with Chamath Palihapitiya’s Social Capital Hedosophia Holdings Corp. V. SoFi was valued at $8.65 billion post-money and the deal is expected to provide up to $2.4 billion in cash… Read More

May 29, 2021 @ 2:52 pm By Martin Cheek  |  

In an effort to mitigate the effects of Covid-related shutdowns, the US government poured trillions of dollars into relief programs, offering loans to businesses in need and sending checks to people whose income qualified them for aid. However, without adequate controls in place, there was… Read More

May 28, 2021 @ 1:10 pm By Omar Faridi  |  

We recently connected with Yann Murciano, CEO at UK-based Blend Network, an online peer to peer (P2P) lender. Murciano talked extensively about the “unbundling” of banking and FinTech, and how now we are witnessing the “rebundling” of banking and FinTech again. He pointed out that… Read More

May 26, 2021 @ 4:13 pm By JD Alois  |  

Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC), testified today in front of the House Subcommittee on Financial Services and General Government, part of the Appropriations Committee, where he presented the litany of challenges his agency faces including emerging Fintech issues. The… Read More

May 26, 2021 @ 2:00 pm By Omar Faridi  |  

We recently caught up with Emma-Jane MacKinnon-Lee, Founder of DIGITALAX, an NFT-based digital fashion project. Last month, DIGITALAX teamed up with Polygon, formerly Matic Network, to issue “a hybrid digital and physical fashion line.” The collaboration is focused around the idea of non-fungible tokens (NFTs)… Read More

May 26, 2021 @ 11:37 am By JD Alois  |  

Apple (NASDAQ:AAPL) has long been a significant Fintech in regards to payments and transfers. The Apple Card, in partnership with Goldman Sachs, has been a big hit and Apple Cash is growing in utilization. Today, Apple may be looking to expand its Fintech services into… Read More

May 25, 2021 @ 9:33 pm By JD Alois  |  

On Monday, May 24, the House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, part of the House Financial Services Committee held a hearing entitled “Going Public: SPACs, Direct Listings, Public Offerings, and the Need for Investor Protections.”  While the title of the hearing addressed… Read More

May 24, 2021 @ 12:00 pm By JD Alois  |  

As has been widely reported, Marqeta, a top Fintech in the card issuance sector, will go public in an initial public offering (IPO) soon after its registration is approved by the Securities and Exchange Commission (SEC). The initial S-1 was filed on May 14, 2021,… Read More

May 23, 2021 @ 11:30 am By Omar Faridi  |  

We recently connected with Joachim De Koning, the Founder of hybrix, a Utrecht, Netherlands-based company offering a technically borderless cross-ledger (or cross blockchain) platform where users can swap, store, build, explore, and conduct asset transfers across different distributed ledger tech (DLT) networks. Joachim explained how… Read More

May 20, 2021 @ 2:18 pm By JD Alois  |  

Earlier today, US Senator Sherrod Brown, Chairman of the Senate Banking Committee,  issued a statement challenging the Office of the Comptroller of the Currency (OCC) to review federal bank charters approved for digital asset firms. In the last year of the Trump Administration, the OCC… Read More

May 19, 2021 @ 11:17 pm By JD Alois  |  

The Financial Ombudsman Service (FOS) in the UK has long intermediated disagreements within the financial services sector including investment crowdfunding. A recent decision by the FOS has caused some concern amongst industry insiders as it may challenge the entire crowdfunding model based on the liability… Read More

May 18, 2021 @ 9:29 pm By JD Alois  |  

In a recent speech delivered by the Deputy Governor, Financial Stability, of the Bank of England, Sir Jon Cunliffe, the public official appeared to commit to the UK creating a central bank digital currency (CBDC). The Bank of England, like many other central banks, is… Read More

May 18, 2021 @ 12:00 pm By Omar Faridi  |  

James Wang, an experienced crypto analyst who says that Ethereum (ETH) could be the “last investment of your life,” points out that the world’s largest smart contract platform isn’t merely a cryptocurrency. Wang explains that Ethereum is a complete software platform with a rapidly increasing… Read More

May 17, 2021 @ 12:30 pm By JD Alois  |  

Getsafe is an emerging Insurtech based in Germany with international aspirations. This past December, Getsafe announced a $30 million funding round led by Swiss Re – bringing the company to $53 million in total funding. It was recently reported that Getsafe is looking to raise… Read More