General News

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

Visa Announces Global Competition Focused on Celebrating Women Entrepreneurs

Visa announced on Wednesday it is now seeking all women entrepreneurs for its first Visa Everywhere Initiative: Women’s Global Edition. The credit card giant revealed the global program invites women entrepreneurs from around the world to tackle FinTech and Social Impact challenges for a chance… Read More

Securitize Expansion: Opens New Offices in NYC & London; Announces Asia Services

Securitize, a platform that facilitates security token offerings, announced last week it has opened new offices in NYC and London, as well as expanded its services into Asia. As previously reported, Securitize describes itself as a compliance platform and protocol for issuing and managing digital… Read More

GSX Deploys Digital Stock Exchange Prototype on New Blockchain: All Aboard!

Two updates from the Gibraltar Stock Exchange posted today. The first: GSX Group has reportedly successfully deployed a GSX Digital Stock Exchange prototype and a demo bond issuance on the Securities Trading Asset Classification Settlement (STACS) Network’s Global TestNet. Using DLT, the STACS Network, designed… Read More

Collett’s Corner: Community-Minded Real Estate Crowdfunding on NZ’s PledgeMe

Lyttelton, New Zealand based company, Collett’s Corner, has secured its NZ$300,000 minimum goal during its PledgeMe equity crowdfunding campaign.  At this writing, over NZ$355,700 has been raised by more than 190 investors for the community-minded property development. The campaign aims to raise NZ$2 million for 80%… Read More

Fintech Friendly Bank Nordea May Get Sucked into Money Laundering Scandal

Nordea Bank may be the next Scandinavian bank to get sucked into the money laundering scandal. Bloomberg is reporting that an upcoming broadcast that may reveal more details on money laundering have caused shares to drop. Apparently, a broadcast that will air by tomorrow will… Read More

The National Crowdfunding & Fintech Association of Canada Prepares for FFCON19 in April

The National Crowdfunding & Fintech Association of Canada (NCFA), the leading Fintech and crowdfunding advocacy group in Canada, has scheduled its annual event to take place this April in Toronto. The 5th Annual 2019 Fintech & Financing Conference, or FFCON19, will combine all aspects of… Read More

The SEC Asks Court Why Elon Musk Should Not be Held in Contempt for Tweets

The Securities and Exchange Commission (SEC) has filed a motion for an order to show cause, on February 25, why Elon Musk, CEO of Tesla, should not be held in contempt for violating the terms of the Court’s October 16, 2018, Final Judgment. The agreed… Read More

Deal or No Deal? FCA Publishes Proposals if No Deal Brexit Emerges

The deadline is rapidly approaching for Brexit and still, there is not a mutually agreeable deal in sight. Of course, the date of the divorce could be pushed back but that does not mean preparations should push pause. The UK Financial Conduct Authority is in… Read More

KoreConX Announces New Partnership With Canadian Investment Fund Management Company, Stratigis

KoreConX announced on Thursday it has formed a new partnership with Stratigis Capital Advisors Inc. (SCA), a Canadian investment boutique with extensive experience in managing Investment Funds. According to KoreConX, SCA is registered with the Ontario Securities Commission as a Portfolio Manager, Exempt Market Dealer, and… Read More

How Much? Robo.Cash CEO Sergey Sedov Comments on New P2P Investor Research

The European P2P investment platform Robo.cash recently conducted a survey among P2P investors. According to its results, the popularity of P2P investments is on the rise: 69% of the respondents started investing over the last two years, and 35% of investors allocated more than €10,000… Read More

Innovate Finance Publishes Women in FinTech Powerlist 2018: Leading the Way

Innovate Finance, the independent industry body for UK Fintech, published its Women FinTech Powerlist. Launched in 2015, the Women in FinTech Powerlist has increasingly attracted a global audience, resulting in an unprecedented volume of applications and nominations this year from around the world. The 2018 iteration… Read More

Hedera Hashgraph Names Brett McDowell as Founding Executive Director

Hedera Hashgraph, a next-generation public ledger designed to have highly diversified governance and the most distributed consensus at scale, today announced it has named Brett McDowell as the Founding Executive Director and Vice Chair of the Hedera Hashgraph Governing Council.  Last week Hashgraph announced its first… Read More

Online Lenders Alliance Publish Report on Fraud in Online Lending

The Online Lenders Alliance (OLA), a group that claims up to 80% of all online lending in the US, has published a report on industry fraud and abuse. The report, created in part by using a web crawler designed to “weed out” bad actors, has… Read More

UK P2P Lender Ablrate Overfunding on Crowdcube: Ready to Scale

FCA-regulated P2P lender Albrate has surpassed its initial £350,000 Crowdcube crowdfunding target, having secured over £456,325 for 1.72% equity from more than 166 investors. Ablrate aims to not just be a peer to peer lending platform but an “integrated deal financing platform for the alternative finance industry.” “Ablrate brings lenders… Read More

MySwimPro Streamlines Past Initial Target Goal on Wefunder Long Course

Less than one week into its Wefunder SAFE Future Equity crowdfunding campaign, Wefunder vet MySwimPro has freestyled past $250K from 70+ investors toward its $1,000,000 maximum target. In 2017 MySwimPro raised $280,629 from 164+ investors.  This new round of funding will enable MySwimPro to invest in growing… Read More

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