General News

October 4, 2018 @ 3:30 am By Erin Hobey  |  

No fees for international transfer? Global remittance company TransferGo has reportedly launched the first “completely free” international money transfer service. Customers may transfer money around the world at “absolutely no cost”, averred the platform; in lieu of fees, the money transfer will be offered at the mid-market… Read More

October 3, 2018 @ 10:45 pm By Cali Haan  |  

“I realized if you really want to understand this crypto craze, you kinda have to be a part of it.” And so begins the short documentary profiling Wall Street Journal cryptocurrency reporter Steve Russolillo’s effort to create, and then desert, a Wall Street Journal-branded cryptocurrency. “I’ve been… Read More

October 2, 2018 @ 4:26 pm By JD Alois  |  

On September 28th, WSJ.com published an article on cryptocurrency entitled “How Dirty Money Disappears into the Black Hole of Cryptocurrency.” Authors Justin Scheck and Shane Shifflett slammed crypto exchange Shapeshift as complicit in illicit trades deemed to be attempts to launder money with with crypto. Yesterday, Erik Voorhees,… Read More

October 2, 2018 @ 9:10 am By JD Alois  |  

According to CoreData Research, advisers believe MiFID II is a bigger challenging than Brexit. A study by the research firm of nearly 1000 UK financial advisors indicated that 19% deemed MiFID II a challenge followed by Brexit at 15%.  Macroeconomic and geopolitical risks stood at 13%,… Read More

October 1, 2018 @ 9:46 pm By Onki Kwan  |  

On September 27, 2018, the SEC filed a lawsuit against Elon Musk for committing securities fraud because of some tweets he published on August 7, 2018. A mere two days later, September 29, 2018, Musk settled with the SEC. As part of their settlement agreement,… Read More

September 30, 2018 @ 1:27 pm By Samantha Hurst  |  

Global accelerator program Plug and Play announced last week it has selected 158 startups to participate in its Winter 2018 batches. According to Plug and Play, the selected startups will take part in one of the following programs: Energy & Sustainability, Enterprise 2.0, Health, Insurtech,… Read More

September 27, 2018 @ 8:16 pm By Samantha Hurst  |  

Ripple announced on Thursday the launch of its new social impact program, Ripple for Good. According to Ripple, Ripple for Good will focus on projects related to education and financial inclusion. The company reported that along with the recent donations, that has totaled to more… Read More

September 27, 2018 @ 11:14 am By Samantha Hurst  |  

Temenos (SIX: TEMN), the banking software company, and the collaborative Fintech platform B-Hive Europe, announced it has formed an associate partnership during Digital Finance Europe on Wednesday. According to the duo, this new collaboration has been launched at the National Bank of Belgium in Brussels. While sharing more… Read More

September 27, 2018 @ 10:46 am By Erin Hobey  |  

The Blockchain Trust Accelerator (BTA), a global platform for harnessing blockchain technology to solve social impact challenges, has created The Impact Ledger, an online registry of social impact blockchain projects, which span the nonprofit, public, and for-profit sectors. “Blockchain technology is emerging at a time… Read More

September 27, 2018 @ 4:12 am By Erin Hobey  |  

Crowdcube and digital business school ISDI have signed a collaboration agreement to boost the financing of startups in the technological sector across Europe and attract investment. The operation will be carried out through IMPACT, the ISDI startup accelerator. “We are proud to be able to weave… Read More

September 25, 2018 @ 10:48 pm By JD Alois  |  

The Crypto Invest Summit (CIS) is out with an update on their forthcoming event next month. CIS has partnered with Consensys and Token Foundry to educate cryptocurrency and blockchain investors as well as developers. At the event, CIS will introduce a “Builders’ Track,” designed to specialize… Read More

September 25, 2018 @ 9:46 am By Erin Hobey  |  

Looking for that mid-afternoon sweet investment? ManíLife peanut butter and Candy Mechanics 3D chocolate brand are both currently overfunding on Seedrs. At this writing, ManíLife has raised over £437,030 for 16.56% equity, blowing past its initial £300,002 goal. Pre-valued at £2,201,698, UK-based ManíLife aims to brings craft culture to peanut butter. Created… Read More

September 25, 2018 @ 9:00 am By Samantha Hurst  |  

Association of Online Investment Platforms Seeks to Boost Trust, Educate Investors & Help Businesses in Need of Funding The investment crowdfunding industry in the United States was launched following the signing of the JOBS Act of 2012. This bi-partisan legislation enabled online platforms to promote… Read More

September 25, 2018 @ 8:23 am By Erin Hobey  |  

Over 26 million euro loans were financed through the European P2P platform Robo.cash in first eight months in 2018, notably 223% more than in the same period a year earlier. Operating according to the ‘peer-to-portfolio’ model, Robo.cash seeks to bring together private investors and legal… Read More

September 21, 2018 @ 10:40 am By JD Alois  |  

The OTC Markets Group has introduced a new service: Small Cap Listed Compliance Product. According to OTC, this service allows firms to enhance their due diligence and establish a standardized framework to analyze securities across the listed and OTC equity small cap market, providing users… Read More

September 20, 2018 @ 6:58 pm By JD Alois  |  

The Mayor of London, as part of the London C0-Investment Fund (LCIF), has announced the winners of the UKBAA Awards for 2018. In its 12th year, the UKBAA Awards celebrates the achievements of some of the most innovative and disruptive businesses across the United Kingdom. The… Read More

September 20, 2018 @ 9:00 am By Erin Hobey  |  

Groundfloor, a direct real estate investment platform, has reaped in an additional $4.2 million in its recent IPO. The total reportedly secured for the 2017-18 campaign to $6.2 million (1) from 2,304 investors and the company’s total fundraising to $13.8M. “The offering was very well-received… Read More

September 19, 2018 @ 8:14 pm By Cali Haan  |  

A South African businessperson kidnapped two months ago was returned safely to his family this week amid rumours that captors demanded a ransom of 50 Bitcoins for his release. According to The South African, Liyaqat Parker, 65, was kidnapped from the parking garage under his workplace… Read More

September 19, 2018 @ 11:04 am By Cali Haan  |  

A 29-year-old Irish citizen accused of helping run the Dark Net marketplace Silk Road under the pseudonym “Libertas” has pleaded not guilty in a New York courtroom to three charges stemming from the accusation, Irish publication The Times reports. Gary Davis arrived in New York… Read More

September 18, 2018 @ 10:20 am By Erin Hobey  |  

Readers know that beer almost always is a sure win with the crowdfunding crowd. Spanish coast inspired, US brewed Palmia is off to good start on its second Wefunder Future Equity (Custom SAFE) campaign.  San Francisco- based Palmia has already surpassed its initial goal, having secured $198,414+… Read More