General News

May 29, 2018 @ 11:16 am By Erin Hobey  |  

Azimo, a European digital money transfer firm based in London and Krakow, has raised $20M in a Series C round led by Rakuten Capital. This latest funding fund, which also received backing from investors such as e.ventures, Frog Capital, GR Capital Partners and Greycroft Partners, brings… Read More

May 29, 2018 @ 10:44 am By Erin Hobey  |  

Tandem now counts 100,000 Brits using the bank to spend, save, and manage their money with its competitive cashback card. According to the platform, Tandem has seen tens of thousands of app downloads, product applications, and eager savers signing up. CEO Ricky Knox’s ambition is… Read More

May 29, 2018 @ 8:36 am By Erin Hobey  |  

Berlin-based Stryking has signed crypto investing expert and serial entrepreneur Samson Lee, Coinstreet Partners Founder and CEO, to its advisory board. Lee will support Stryking and its upcoming STRYKZ token launch with his Asian business connections and his crypto market and business development. “We are delighted… Read More

May 26, 2018 @ 4:14 pm By Samantha Hurst  |  

Scottish crowdfunded brewery BrewDog announced this week it officially received the green light from the Brisbane City Council to begin construction on its $30 million brewery in Murarrie, Brisbane. According to the brewery, the development includes the construction of a 50hl, 3,000m2 brewing and canning… Read More

May 24, 2018 @ 11:06 am By Erin Hobey  |  

Stryking Entertainment GmbH will host its upcoming STRYKZ Token Sale Event in collaboration with the Gibraltar Blockchain Exchange (GBX). Stryking will be among the first companies to issue a token through the GBX GRID, with the token being listed on the GBX Exchange after the… Read More

May 24, 2018 @ 9:59 am By Samantha Hurst  |  

On Thursday, banking software Temenos announced the launch of Temenos Origination, which is described as a component-based platform that enables banks to onboard customers and originates products across all segments, channels and devices, offering bank customers a frictionless and contextualized digital experience.  According to Temenos,… Read More

May 24, 2018 @ 9:35 am By Samantha Hurst  |  

Sberbank announced on Thursday it has extended more than ₽535 billion in loans to SMEs since the start of 2018. The bank reported that over the first four months of 2018, lending to SMEs increased by 74.4% vs. the same period in 2017. “Sberbank has… Read More

May 24, 2018 @ 9:22 am By Samantha Hurst  |  

Visa (NYSE: V) announced on Thursday it has made a strategic investment in YellowPepper, a mobile payments platform in Latin America, to help accelerate innovation in digital payment technology. Visa reported that this is the first of its kind for the credit card giant in… Read More

May 24, 2018 @ 7:22 am By Erin Hobey  |  

Earlier this week Digital challenger bank Revolut asked customers to help name its new and exclusive metal card. Now the maverick platform has moved again from metal to crypto: Revolut customers can buy, hold and sell two more cryptocurrencies instantly within the app. In December last year,… Read More

May 24, 2018 @ 6:58 am By Erin Hobey  |  

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Astana Financial Service Authority of Astana International Financial Centre (AFSA-AIFC) have signed a Memorandum of Understanding (MoU) during the Annual Conference of the International Organisation of Securities Commissions (IOSCO) held in… Read More

May 22, 2018 @ 4:30 pm By Erin Hobey  |  

During May 29 and 29 June, decentralized gaming platform Playkey plans to buy back the PKT token on the HitBTC exchange. Although the buyback price will be determined by the exchange rate, the platform believes that the rate shouldn’t exceed $1.24 per PKT. During the… Read More

May 22, 2018 @ 3:47 pm By Erin Hobey  |  

Capital Cell recently launched a new self-funding fundraising round to create the first ICO marketplace for health via Blockchain. Seeking to raise €700,000, the Barcelona-based platform has already secured over €882,400 from more than 178 investors. The platform was pre-valued at €5,550,000. “We launched the funding round… Read More

May 22, 2018 @ 11:53 am By Erin Hobey  |  

P2P lender Faircent.com has received NBFC-P2P certification from the Reserve Bank of India (RBI), reportedly the first P2P lending platform in the country to receive the certificate of registration as an NBFC-P2P by the national regulator. Faircent.com anticipates that the RBI certification will help Faircent.com gain… Read More

May 22, 2018 @ 10:35 am By Samantha Hurst  |  

Betterment, the largest independent online financial advisor, announced on Tuesday it has appointed financial services and fintech veteran Donna Wells to its board of directors. According to Betterment, Wells brings close to 30 years of experience in the industry, as well as a history as a successful public… Read More

May 22, 2018 @ 9:13 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced it was introducing the feature “Flags” to help investors identify global investments opportunities that are live on its portal. Crowdcube reported that it wants investors to be able to diversify their portfolio geographically and the feature will… Read More

May 21, 2018 @ 2:59 pm By JD Alois  |  

The “West Coast’s Largest Cryptocurrency And Blockchain Event” has scheduled a second event for later this year. Following the gangbuster success last month, Crypto Invest Summit will return to the Los Angeles Convention Center on October 22nd. The organizers say that after the Spring event… Read More

May 21, 2018 @ 2:50 pm By Samantha Hurst  |  

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced over the weekend that it is now accepting applications for its 2018 program, kicking off a competitive search for the top fintech and insurtech innovators in the region…. Read More

May 21, 2018 @ 2:17 pm By Samantha Hurst  |  

Just a little over two years after securing $2,708,472 from 10,263 backers through its Kickstarter campaign, tech startup OSSIC announced it was officially shutting down and will not be delivering its highly anticipated OSSIC X headphones. As previously reported, the OSSIC X headphones supposedly calibrate… Read More

May 18, 2018 @ 6:39 am By Samantha Hurst  |  

On Thursday, the Office of the Comptroller of the Currency (OCC) today announced it will hold Innovation Office Hours, on July 17th-19th, in San Francisco to promote responsible innovation in the federal banking system. According to the OCC, the Office Hours are one-on-one meetings with OCC… Read More

May 17, 2018 @ 12:55 pm By Erin Hobey  |  

What began as an advising board position developed into job opportunity for former BOA Merrill Lynch Managing Director of Equity Markets Rene van Kesteren, who joined BlockFi as its new Chief Risk Officer. BlockFi, based in New York City, serves crypto investors by offering USD loans… Read More