General News

December 20, 2018 @ 6:50 am By JD Alois  |  

Blockchain or distributed ledger technology (DLT) has been a red-hot topic in the financial services industry the past few years. The one-two punch of Bitcoin excitement and the Ethereum fueled revelation of smart contracts and decentralization, caused many to label blockchain internet 3.0. But is… Read More

December 20, 2018 @ 4:52 am By Erin Hobey  |  

Orca closed its Seedrs equity funding round in late November securing £574,280, which will enable its ambitious development plans come to fruition in 2019, including the launch of a multi-platform ISA early on in the next year. Over 400 investors committed to the P2P investment aggregator’s equity fundraise… Read More

December 20, 2018 @ 4:22 am By Erin Hobey  |  

The German IoT platform Ameria has secured over 85% of its €5.5M Companisto Series C/Growth Capital goal, raising more than €4,753,990 from over 535 investors. Funding will be utilized to further develop the company’s existing CX Ecosystem and ensure innovation leadership. Pre-Valued at €50,000,000, Ameria plans to… Read More

December 19, 2018 @ 8:48 pm By JD Alois  |  

It’s the end of the year and that means its time for predictions. More specifically, some crypto predictions! 2018 was a tumultuous year in regards to the digital asset sector as regulatory clarity became a hot topic of debate and discussion. While some national jurisdictions… Read More

December 19, 2018 @ 12:36 pm By JD Alois  |  

Charlotte Crosswell, CEO of Innovate Finance, has issued a statement following the UK government’s publication of the “Immigration White Paper.” Immigration, and how a post-Brexit Britain will manage it, is a pressing concern. Access to skills and talent is vital to all industry. Perhaps more so with… Read More

December 19, 2018 @ 3:46 am By Cali Haan  |  

About 20% of respondents to the Depository Trust and Clearing Corporation’s (DTCC’s)  “Systemic Risk Barometer” survey this year identified “Fintech” (blockchain, AI, cloud computing) as a possible source of risk in global securities settlement in 2019. Only 15% expressed similar concern last year. Commenting on… Read More

December 18, 2018 @ 4:17 am By Erin Hobey  |  

æternity, a blockchain 3.0 platform with a focus on efficiency, transparent governance and global scalability, has launched two foundations in Liechtenstein and Bulgaria, to provide grants and educational support to innovative blockchain projects. “Through the creation of these two foundations, æternity takes a significant step… Read More

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