General News

KoreConX Advisor Randee Pavalow Appointed to the OSC Fintech Advisory Committee

KoreConX announced on Tuesday that Randee Pavalow, a member of the KoreConX advisory board, was appointed to be a member of the Ontario Securities Commission (OSC) Fintech Advisory Committee. According to KoreConX, the OSC administers and enforces compliance for the securities industry in Ontario and is… Read More

MoneyNetint Now Offers PayTicket to Help Travelers Pay European Tickets Online

Finally, it’s vacation! There’s nothing worse that enjoying a beautiful drive and when, all of a sudden, you see bright, blicking lights in your rear view mirror.  Or when you’re already lost, going around the town square for the tenth time and you see those… Read More

Stronghold Is Now Working with IBM Blockchain World Wire

Yesterday IBM (NYSE: IBM)  introduced Blockchain World Wire, a real-time global payments network for regulated financial institutions accessible to more than 50 countries. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, Blockchain World Wire claimants to be the first blockchain network… Read More

Association for Online Investment Platforms & SBECouncil Visit US House & Senate plus SEC to Discuss Improvements to Crowdfunding Rules

The newly formed Association for Online Investment Platforms (AOIP) visited Washington, DC last week to discuss improvements for access to capital for small business and better opportunities for smaller investors. The trip was organized in partnership with the Small Business and Entrepreneurship Council (SBECouncil) –… Read More

Ryuk Ransomware Attack Causes Delays at Boston Public Defenders’ Office

Ryuk ransomware has been used to lock up files at Boston’s Committee for Public Counsel Services, a public defenders office that provides lawyers to those who cannot afford them, The Boston Globe reports. Fortunately, the agency was able to refuse to pay a cryptocurrency ransom… Read More

Credit Suisse Joins Forces With KLARA to Simplify Online Credit Requests for SMEs

Credit Suisse announced on Thursday it has joined forces with Swiss software provider KLARA to simplify online credit requests for SMEs. Credit Suisse reported that starting now, SMEs that use KLARA may submit online credit requests to its platform. “SMEs can thus directly submit their… Read More

Plug and Play Announces 135 Startups Accepted Into Spring Batches

Plug and Play announced on Thursday it has selected 135 startups to participate in their Spring 2019 accelerator batches. Entrepreneurs from each startup will take part in one of the following programs  Brand & Retail, Cybersecurity, Energy & Sustainability, Fintech, Food & Beverage, New Materials… Read More

Tendermint Scores $9M Series A Round & Leads Interchain Foundation’s New Cosmos Network

The Interchain Foundation, a Swiss non-profit foundation supporting research and development for secure and scalable open-source software, has launched Cosmos Network, a decentralized network of independent, scalable and interoperable blockchains. The Foundation views the Cosmos Network as the next step in the evolution of blockchain… Read More

Blockchain Security CoolBitX Partners with ABACA, TCBSRO Approves MoU

Taiwan-based blockchain security company CoolBitX, creator of the Bluetooth mobile hardware wallet for digital assets, the CoolWallet S, has created a tech partnership with the Asia Blockchain and Crypto Association (ABACA), the appointed Self-Regulatory Organization (SRO) of the Philippine government agency Cagayan Economic Zone Authority… Read More

KoreConX Announces Partnership With Global Investment Bank Entoro

KoreConX announced on Wednesday it has formed a new partnership with global investment banking group, Entoro Capital. According to KoreConX, Entoro provides advice and services to a wide range of established and growth-oriented businesses around the world. The bank’s experienced professionals notably offer expertise across a… Read More

PayPal Commits to Making $750 Million Strategic Investment in MercadoLibre

MercadoLibre, Inc. (NASDAQ: MELI), a Latin American e-commerce technology company, announced on Tuesday it intends to offer approximately $1 billion of common stock. The company reported it also intends to grant the underwriters a 30-day option to purchase up to $150 million of additional shares… Read More

Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud

Just days after announcing its acquisition of global cross-border account-to-account money transfer network, Transfast, credit card giant Mastercard announced on Tuesday it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time… Read More

Onfido Appointed to FIDO Alliance Board of Directors

Onfido, a U.S. based identity verification platform, announced on Tuesday it has been appointed to the FIDO Alliance Board of Directors. As previously reported, Onfideo reportedly uses machine learning to help more than 1,500 companies to verify their users’ identity online. The company noted it… Read More

NEM.io Foundation Sticks to Transparency Promise: Releases Progress Update

Alex Tinsman

In February the NEM.io Foundation decided to opt for transparency and to “reboot” its operating structure after checking the books and seeing “little to no accountability for funds.” Under the guidance of newly elected president Alex Tinsman, this week the Foundation has made good on its… Read More

Companisto Successfully Closes INVEST Campaign & Plans New Dimension of Startup Financing

Companisto, the largest German crowdfunding platform, successfully closed its INVEST grant self-funding round over the weekend. 520 investors rallied and raised €4,833,195 during the campaign. Crowdfund Insider reached out to the Companisto regarding the raise: “We think our financing round and Ameria’s financing round are a… Read More

SXSW Announces 2019 Winners of 11th Annual Pitch Event

South by Southwest (SXSW) Conference and Festivals announced over the weekend the winners of the 11th annual SXSW Pitch event (formerly Accelerator), which took place March 9-10th during the Entrepreneurship & Startup Track at the Downtown Hilton Austin. SXSW reported that in addition to a… Read More

Bi-Partisan Bill Re-Introduced in the House to Enable Banking for Cannabis Companies

Last week, HR 1595 or the SAFEBanking Act was introduced into the House of Representatives. This legislation will seek to fix the problems associated with the banking industry and Cannabis based businesses. The bill is being sponsored by Colorado Representative Ed Perlmutter who harkens from… Read More

Companisto’s INVEST Crowdfunding Campaign Surpasses €4.4M

The largest German crowdfunding platform Companisto is in the midst of an INVEST grant self-funding round, the platform’s own equity investment. To date, over €4,420,000, overfunding by 164%, has been raised by more than 448 investors. The amount continues to increase with each click through…. Read More

LendIt Announces Finalists For the Third Annual LendIt Fintech Industry Awards

LendIt announced this week the finalists for its third annual LendIt Fintech Industry Awards. According to the organization, this year’s event will take place on April 9th and bring together 400 Fintech influencers and innovators to celebrate outstanding achievement in 21 unique categories. The finalists… Read More

Gibraltar Blockchain Exchange Lists XEM: Ready to Trade

The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, has added NEM’s XEM token to its Digital Asset Exchange (GBX-DAX). XEM was brought to the GBX-DAX by the sponsor firm Techemy and will have trading pairs with… Read More

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