General News

March 12, 2019 @ 2:17 pm By Samantha Hurst  |  

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

March 12, 2019 @ 1:31 pm By Samantha Hurst  |  

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

March 12, 2019 @ 6:30 am By Erin Hobey  |  

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

March 12, 2019 @ 5:43 am By Erin Hobey  |  

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

March 11, 2019 @ 10:45 am By Samantha Hurst  |  

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

March 9, 2019 @ 1:27 pm By JD Alois  |  

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

March 7, 2019 @ 11:22 am By Erin Hobey  |  

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

March 7, 2019 @ 7:49 am By Samantha Hurst  |  

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

March 7, 2019 @ 5:11 am By Erin Hobey  |  

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

March 6, 2019 @ 4:05 pm By Samantha Hurst  |  

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

March 5, 2019 @ 8:17 am By Samantha Hurst  |  

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

March 5, 2019 @ 5:02 am By Erin Hobey  |  

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

March 5, 2019 @ 4:37 am By Erin Hobey  |  

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

March 4, 2019 @ 2:05 pm By JD Alois  |  

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

March 2, 2019 @ 8:24 pm By JD Alois  |  

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

February 28, 2019 @ 11:20 am By JD Alois  |  

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

February 28, 2019 @ 10:14 am By JD Alois  |  

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

February 28, 2019 @ 8:26 am By Samantha Hurst  |  

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

February 28, 2019 @ 5:37 am By Erin Hobey  |  

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

February 28, 2019 @ 4:00 am By Erin Hobey  |  

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