General News

March 13, 2018 @ 12:33 pm By Erin Hobey  |  

The power of the swarm…. Swarm, a blockchain for private equity platform, has revealed a “major update” to its live Swarm Asset Management Network Alpha. There are 100,000,000 SWM tokens in circulation.  With this release, Swarm Fund token (SWM) wallets are now integrated with the Alpha… Read More

March 13, 2018 @ 12:02 pm By Erin Hobey  |  

RBL Bank, an Indian private sector banks, and CreditVidya, a leading Indian fintech firm which provides alternate data credit underwriting solutions to over 25 premier financial institutions, have joined forces to enable RBL Bank to instantly verify the employment details of salaried individuals, consequently reducing… Read More

March 13, 2018 @ 7:26 am By JD Alois  |  

The 5th Annual London Summit is scheduled to take place on March 26th during a time of significant change in the UK. Brexit jitters along with dramatic regulatory changes such as Open Banking and PSD2 has created a varied and dynamic environment. Yet alternative finance… Read More

March 12, 2018 @ 11:49 am By Samantha Hurst  |  

UK law firm Harper Macleod announced on Monday it has joined forces with equity crowdfunding platform Crowdcube to bring equity crowdfunding benefits to more businesses in Scotland.  According to Harper Macleod, through this partnership, both organizations will co-operate to ensure equity crowdfunding is considered as… Read More

March 12, 2018 @ 8:19 am By Samantha Hurst  |  

South by Southwest (SXSW) Conference & Festivals announced over the weekend the winners of the 10th annual Accelerator Pitch Event, which took place March 10th-11th during the Startup & Tech Sectors Track at the Downtown Hilton Austin. The event’s organizers also reported in addition to the 10 winners… Read More

March 9, 2018 @ 9:27 pm By Samantha Hurst  |  

Earlier this week independent brewer BrewDog announced the launch of its new Pink IPA in order to take on the global scourge of gender pay inequality and combating sexist marketing. According to BrewDog, the new be is satirically dubbed Beer for Girls, Pink IPA is… Read More

March 9, 2018 @ 9:02 pm By Samantha Hurst  |  

On Friday, Plug and Play announced the twelve startups that were selected for the new Plug and Play Cleveland Accelerator Program. The Plug and Play organizers revealed their selections just one week after nearly 30 startups competed for the program’s debut spots. As previously reported, the… Read More

March 9, 2018 @ 6:43 am By JD Alois  |  

The UK Crowdfunding Association (UKCFA) has shared a brief comment regarding proposed rules released by the European Commission yesterday that are expected to be enacted. These updated rules are designed to streamline cross border crowdfunding offerings to the benefit of issuers, investors and platforms. By… Read More

March 8, 2018 @ 11:23 pm By JD Alois  |  

This past week, the National Crowdfunding and Fintech Association of Canada (NCFA) held its annual event in Toronto that saw over 500 participants join to discuss Fintech from around the world. FFCON18 Velocity covered the wide ranging spectrum of current topics in the realm of… Read More

March 8, 2018 @ 6:30 pm By JD Alois  |  

Danielle Szetho, the longtime CEO of FinTech Australia, announced her resignation today following two successful years of guiding the young organization to become the leading voice for innovative finance in Australia. FinTech Australia said that Sara Worboys will take over as interim CEO beginning March… Read More

March 8, 2018 @ 4:19 pm By Erin Hobey  |  

Grayscale Investments, LLC, a digital currency investing authority, launched four new investment products including Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust and XRP Investment Trust.  As of 28 February 2018, Grayscale reported possessed $2.1 billion in assets under management. Barry Silbert, Digital Currency… Read More

March 8, 2018 @ 2:35 pm By Erin Hobey  |  

DSTLD, a company seeking to disrupt the $200 billion fast fashion market with fairly priced, direct-to-consumer premium clothing (such as jeans), has exceeded $2M on its SeedInvest Series A-2 round. Nearly 2000 investors have invested over $2,132,766. Helmed by Co-CEO, Co-Founder and Creative Director Corey Epstein and… Read More

March 8, 2018 @ 2:02 pm By Erin Hobey  |  

Over 1620 investors have poured more than £1,074,980 into Northern Monk Brewing Co.’s Crowdcube campaign. The brewer successfully surpassed its initial funding target of £500,000 for 9.71% equity in a few hours during the campaign’s first day. Founded by Russell Bisset in 2013 with brewing history… Read More

March 7, 2018 @ 3:24 pm By Samantha Hurst  |  

Financial Solutions Lab (FinLab), a five-year program aimed at harnessing and developing top fintech companies to create products that tackle Americans’ most pressing financial issues and is managed by CFSI with funding lab partner JPMorgan Chase & Co., recently announced applications are open for its… Read More

March 7, 2018 @ 9:02 am By JD Alois  |  

The UK Department for International Trade (DIT) has announced its selected delegates to participate in a trade mission scheduled to take place in the US this coming April.  According to the DIT, the following 15 Fintech firms have been selected: AccessPay is on a mission to… Read More

March 7, 2018 @ 8:18 am By JD Alois  |  

The Chamber of Digital Commerce, a trade association representing the digital asset and Blockchain industry, is holding its third-annual DC Blockchain Summit in partnership with the Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business. If you don’t happen to be… Read More

March 6, 2018 @ 7:16 pm By Erin Hobey  |  

This past January, TrustToken, a global platform for tokenizing fiat currencies and real-world assets backed by Stanford-StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first fiat-backed stablecoin to offer token-holders legally protected certificates of ownership of US Dollars. TrueUSD aims to offer a more stable… Read More

March 6, 2018 @ 4:18 pm By Erin Hobey  |  

The World Economic Forum announced the creation of a new consortium to strengthen cybersecurity for fintech companies and data aggregators. The consortium’s founding members include global bank Citigroup, insurance company Zurich Insurance Group, fintech lender Kabbage, infotech company Hewlett Packard Enterprise (HPE), and financial infrastructure… Read More

March 6, 2018 @ 8:40 am By Erin Hobey  |  

Robo.cash outlined the results of its first year in operation on the European P2P lending market: 2,000 investors from the EU and Switzerland invested over €3M in the issue of 330,000 short-term PDL-loans in Kazakhstan and Spain. The average inflow of investments is €240,000 with… Read More

March 2, 2018 @ 12:36 pm By Samantha Hurst  |  

Information Services Group (ISG) (Nasdaq: III), a global technology research and advisory firm, today announced it has formed a strategic partnership with Plug and Play, a Silicon Valley-based technology innovation accelerator platform. The partnership will notably give ISG an opportunity to influence the digital future of… Read More