Featured Headlines

July 13, 2021 @ 1:55 pm By JD Alois  |  

Recently, Seedrs shared some insight into securities crowdfunding performance for the first half of 2021. While 2020 started out quite rough due to the arrival of a global pandemic, in the latter half of the year Seedrs, like many online investment platforms, showed solid resilience… Read More

July 12, 2021 @ 9:29 am By JD Alois  |  

Three European digital investment platforms Kapilendo, Finnest, and Invesdor will now consolidate under the Invesdor brand. Finland-based Invesdor was originally launched as a securities crowdfunding platform. In 2019, Invesdor and Finnest completed a merger. When the two companies merged, Finnest was operating as an online… Read More

July 9, 2021 @ 2:38 pm By JD Alois  |  

Earlier today, President Joe Biden signed the Executive Order that included a litany of policy objectives that are ostensibly designed to improve competition. While some aspects may fall short, one area that may please Open Banking (or Open Finance) advocates is the inclusion of easier… Read More

July 8, 2021 @ 5:19 pm By JD Alois  |  

Circle, a digital asset firm that has gone big into stablecoins and services, will become a publicly traded firm in a SPAC deal. Circle is the principal operator of the dollar based stablecoin USD Coin (USDC). Of interest is the fact that Circle also owns… Read More

July 8, 2021 @ 1:31 pm By JD Alois  |  

The news regarding China’s crypto exit continues to cascade around the world as the second-largest economy puts the squeeze on Bitcoin mining, crypto trading, and other uses of crypto-assets. Just this week, it has been widely reported that the People’s Bank of China has demanded… Read More

July 7, 2021 @ 10:35 am By JD Alois  |  

Wise (formerly dba Transferwise) has successfully completed a direct listing on the London Stock Exchange (LSE) on its Main Market. The accomplishment is another milestone mark for the global Fintech that has transformed the industry of moving money around the world. The listing on the… Read More

July 6, 2021 @ 8:30 am By Omar Faridi  |  

EasyFi is a universal layer-2 lending platform focused on improving the landscape of lending and borrowing digital assets. It is an open network infrastructure that facilitates peer-to-peer and cross-chain asset settlements. In a first-of-its-kind in the DeFi space, users’ creditworthiness is being appraised by EasyFi… Read More

July 5, 2021 @ 10:55 am By JD Alois  |  

Revolut, a top European digital bank, is working on its next funding round according to a recent report. If accurate, Revolut is anticipated to receive a valuation of between $30 billion and $40 billion. Sky News states that early discussions include SoftBank’s Vision Fund 2… Read More

July 4, 2021 @ 3:20 pm By Xu Gao  |  

Beijing Subway Begins to Accept Digital RMB According to the Beijing Municipal Commission of Transport, digital RMB payments will be accepted on Beijing’s 24 rail transit lines and 4 suburban railways. Those who would like to use the new payment option will need to download… Read More

July 1, 2021 @ 2:11 pm By JD Alois  |  

As has been long anticipated, Robinhood Markets, Inc. has publicly filed a Form S-1 with the Securities and Exchange Commission (SEC) in pursuit of an initial public offering (IPO). Robinhood expects to float its shares on the Nasdaq under the ticker symbol HOOD. Robinhood is… Read More

June 30, 2021 @ 5:14 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has just released its most recent report providing data on the global alternative finance industry. According to the 2nd Global Alternative Finance Benchmarking Report, this sector of Fintech has grown dramatically – with a caveat: you must exclude… Read More

June 29, 2021 @ 12:00 pm By Omar Faridi  |  

We recently caught up with Jessica DiRubio, the Chief Revenue Officer and Head of Partnerships at AppBrilliance, an Austin-based payments technology firm. AppBrilliance aims to power and support true, real-time non-custodial Open Payments and Banking services in the United States. The company enables businesses to… Read More

June 28, 2021 @ 3:48 pm By JD Alois  |  

Netcapital Inc. (OTC: NCPL), is a publicly-traded Fintech that provides online capital formation largely by utilizing the Reg CF securities exemption with its FINRA regulated funding portal Netcapital.com. In an interesting move, Netcapital Inc. listed its shares on the OTC Markets (OTCQX) earlier this year…. Read More

June 28, 2021 @ 11:02 am By JD Alois  |  

In a speech delivered last Friday, Boston Federal Reserve President Eric Rosengren pointed a finger at top stablecoin Tether as a looming risk for the economy. Tether, or USDT, is the leading stablecoin in the crypto-ecosystem. Used by traders to move in and out of… Read More

June 27, 2021 @ 11:54 am By JD Alois  |  

Yesterday, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. The FCA stated that n other entity in the Binance Group holds any form… Read More

June 27, 2021 @ 11:35 am By Xu Gao  |  

FinTell Completes B+ Round of Financing led by Youshan Capital On June 15th, Fintech startup FinTell announced the completion of USD tens of millions B+ round of financing. The investment was led by Youshan Capital with participation from Telstra. FinTell is “a one-stop high-end Fintech… Read More

June 25, 2021 @ 12:16 pm By JD Alois  |  

Earlier this month, the Securities and Exchange Commission (SEC) shared its regulatory agenda for the next couple of years. The list is quite long and includes many areas of the securities industry. At the top of the list, was the exempt offering ecosystem with the… Read More

June 24, 2021 @ 8:15 am By JD Alois  |  

Andreessen Horowitz (a16z), one of the world’s leading VCs, has revealed a $2.2 billion crypto fund – the largest of its kind ever. The VC said they believe the next wave of computational innovation will be driven by crypto and they are “radically optimistic about… Read More

June 23, 2021 @ 12:07 pm By JD Alois  |  

Cross River Bank has acquired PeerIQ, the leading data and analytics provider for the online lending industry. According to a release, Synthetic P2P Holdings Corporation (dba PeerIQ) was acquired during Q1 of 2021 for an undisclosed amount. Cross River Bank has emerged as the top… Read More

June 22, 2021 @ 4:14 pm By JD Alois  |  

Brian  Korn has been a regular suspect on the Fintech trail for years. From the early days of online lending and securities crowdfunding, to the more recent rise of digital assets, Korn has provided counsel to emerging firms seeking to benefit from the Fintech revolution…. Read More