General News

December 17, 2018 @ 1:27 pm By Samantha Hurst  |  

Denmark-based Saxo Bank announced on Monday a conditional agreement has been reached on a recommended public offer to be made by the bank for the entire issued and outstanding share capital of BinckBank for €6.35 in cash per share (cum dividend).  According to Saxo Bank,… Read More

December 17, 2018 @ 9:15 am By Samantha Hurst  |  

INSIKT (pronounced “in-seekt”), a Lending as a Service (LaaS) company, announced on Monday it has raised $210 million through its social bond securitization program in 2018, which was backed by 174,447 of its responsible, credit-building consumer loans.  According to INSIKT, this has propelled the total securitization volume… Read More

December 16, 2018 @ 7:46 am By Cali Haan  |  

Ohio Congressman Warren Davidson suggested in an interview with NPR journalist Steve Inskeep this week that the contentious proposed wall between the US and Mexico could be funded through crowdfunding or tokens on a blockchain. The interview with Davidson, a Republican, took place on December 12th,… Read More

December 14, 2018 @ 12:19 pm By Cali Haan  |  

The Australian Cyber Security Centre (ACSC) in Australia and The National Cybersecurity and Communications Integration Center (NCCIC) in the United States have both issued warnings that emails are being sent out claiming bombs have been set in targets’ premises and will be detonated if a ransom of… Read More

December 14, 2018 @ 7:49 am By Cali Haan  |  

A fool and his or her password are soon parted, says password manager app-provider Dashlane, and cryptocurrency users are the third worst fools in that regard. Dateline does an annual list of “Worst Password Offenders,” and on this year’s list, crypto-types are only outperformed in… Read More

December 12, 2018 @ 1:54 pm By Samantha Hurst  |  

BQT Technologies, LTD (BQT) announced on Wednesday it is set to present the SMASH Global Lifetime Achievement Award to Rocky IV actor, Dolph Lundgren. According to BQT, the SMASH Global will present the lifetime achievement award to Lundgren, as well as Lou Ferrigno, the original Hulk actor,… Read More

December 12, 2018 @ 11:06 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has posted a note on an industry milestone. According to the P2PFA, member platforms have now surpassed £10 billion in total lending during the most recent quarter. The P2PFA states that over £900 million was originated on… Read More

December 11, 2018 @ 12:13 pm By Samantha Hurst  |  

Banco BNI Europa and Edebex announced on Tuesday they celebrated the first anniversary of their partnership that makes available an online platform for the purchase and sale of invoices to Portuguese companies with working capital needs, offering an innovative alternative to financial credit and traditional… Read More

December 11, 2018 @ 8:53 am By Erin Hobey  |  

The Billion Dollar Fund for Women (TBDF), founded by Shelly Porges, Sarah Chen, Anousheh Ansari, Nadereh Chamlou and Anu Jain, aims to mobilize and connect venture funds with institutional and other investors to create larger pools of capital for investments into women-founded companies. The global venture consortium’s funds… Read More

December 11, 2018 @ 7:57 am By Erin Hobey  |  

Luxembourg based fintech company Tokeny and London/ Shanghai based Security Token Network have partnered to help deliver STOs and promote broader industry adoption. The partnership symbolizes the platforms’ shared belief in the compliant issuance of tokenized securities. “Working with partners such as Security Token Network… Read More

December 11, 2018 @ 7:14 am By Erin Hobey  |  

IOHK, a blockchain research and development company, has introduced two new tools developed for writing smart contracts for use on the Cardano blockchain. Plutus and Marlowe launched in test format at the first (and currently live) PlutusFest conference in Edinburgh, Scotland. These tools aim to enable… Read More

December 11, 2018 @ 6:50 am By Erin Hobey  |  

Robocash Group and Indian financial company Inditrade Capital have signed a Memorandum of Understanding (MoU) to establish an independent NBFC business “Inditrade-Robocash” that will provide short-term consumer lending in India. The new company will provide personal financing and issue short-term loans to individuals ranging between USD… Read More

December 8, 2018 @ 6:41 pm By JD Alois  |  

Following a relatively strong October, Reg CF (Regulation Crowdfunding) crowdfunding dipped by almost half, according to the monthly StartEngine Index. In October, companies raising money under the securities exemption raised $10.6 million a – record month. In November, companies raised just $5.6 million – a significant decline. StartEngine hypothesizes that Thanksgiving,… Read More

December 8, 2018 @ 9:52 am By JD Alois  |  

Last month, CI attended the annual LendIt Fintech Europe event which has taken place in London over the past few years – even while Brexit hangs like an ominous cloud over the European financial center. London, consistently described as the leading Fintech hub in the… Read More

December 6, 2018 @ 2:18 am By Erin Hobey  |  

HyperSciences, a creator of innovative technology that has the potential to access geothermal energy, speed up infrastructure projects, and make energy drilling safer and faster, is now overfunding on Crowdcube.  The US company has raised over £3,168,950 for 13.87% equity from more than 138 investors… Read More

December 5, 2018 @ 1:40 pm By JD Alois  |  

Most innovation occurs in smaller businesses and most job creation takes place within these small firms. This is a truism for all developed countries and in recent years governments around the world have sought to foster an innovation-driven economy. The European Union (Brexit aside) is… Read More

December 4, 2018 @ 7:25 am By Erin Hobey  |  

According to Tandem Bank, nearly three quarters of its Journey Card customers are building or rebuilding their lives with credit using the product. 72% of customers for Tandem’s latest card product are either entirely new to credit, re-engaging it, or had trouble in the past… Read More

December 4, 2018 @ 2:41 am By Erin Hobey  |  

Monax, a digital legal infrastructure platform built on an open-source, universal blockchain, has introduced the private beta launch of the Monax Platform, the latest in its line of smart contract products. The Monax Platform is a collaborative workspace for businesses, legal and tech professionals, with… Read More

December 4, 2018 @ 1:00 am By JD Alois  |  

Global investment platform OurCrowd has announced it will host its 5th annual Global Investor Summit this coming March in Jerusalem, Israel. The event expects attendee registration to top 15,000 making it the largest investment crowdfunding conference in the world. The theme for 2019 will be… Read More

December 3, 2018 @ 9:48 am By Cali Haan  |  

Three researchers at the United States Agency for International Development (USAID) say that of none of 43 “blockchain for charity” projects they studied were willing or able to prove claims the new tech is revolutionizing the sector as claimed: “We found a proliferation of press releases, white… Read More