General News

August 15, 2017 @ 8:19 am By JD Alois  |  

If you were thinking about applying to compete in Richard Branson’s Extreme Tech Challenge (XTC) and have not yet applied you have some good news. The deadline has been extended until August 31st. The Extreme Tech Challenge is a celebration of entrepreneurship and competition –… Read More

August 14, 2017 @ 11:46 am By Samantha Hurst  |  

On Monday, BBVA announced the finalists for its Open Talent FinTech for Companies Challenge. The company revealed that it launched the “fintech games” in order to find the most innovative startups across the world to provide opportunities for. “After eight years of focusing purely on seeking… Read More

August 14, 2017 @ 9:45 am By Jason Best & Sherwood Neiss  |  

The first Fiscal Year of Regulation Crowdfunding has come to an end and our data continues to deliver valuable information for investors, founders and government officials. Overwhelmingly, California has taken the early lead in Regulation Crowdfunding from both an entrepreneur (aka issuer) and investor point-of-view…. Read More

August 13, 2017 @ 12:21 pm By JD Alois  |  

Via Folio is out with a statement on their services that help non-traditional issuers manage both assets and investors. Via Folio provides a vital bridge between issuers in newer securities like Regulation A+, as created by the JOBS Act. Reg A+ has seen growing utilization… Read More

August 11, 2017 @ 11:42 am By Samantha Hurst  |  

ICONOMI, the globally licensed and regulated bitcoin exchange, announced on Friday it has named London-based Columbus Capital its first asset management partner. According to the company, Columbus Capital has been selected to main and grow three funds, comprised entirely of blockchain-based assets. The company also revealed the… Read More

August 10, 2017 @ 3:59 pm By Erin Hobey  |  

Rivetz Intl, Inc. has secured $5.5 million USD (19,000 ETH) in a private presale of its Rivet (RvT) token, a cybersecurity token developed to provide verifiable security controls for cloud authentication, IoT, blockchain and legacy financial transactions.  Cofounded by CEO Steven Sprague and CTO Michael… Read More

August 10, 2017 @ 11:23 am By Erin Hobey  |  

Fresh from a recent 48 hour token pre-sale round, Singapore-based Everex will join the Blockchain for Social Impact Coalition (BSIC), blockchain software company ConsenSys’ social issues incubator, as well as compete in the monthly BSIC hackathon schedule from 7 September to 7 October 2017. [clickToTweet tweet=”.@everex joins blockchain… Read More

August 10, 2017 @ 9:16 am By Samantha Hurst  |  

SparkLabs, a network of accelerators in Asia, announced earlier this week it is launching in Taipei after recently making its debut in Beijing. According to the network, the first accelerator was launched in Seoul in 2012 with 79% of its 74 graduates receiving follow on… Read More

August 9, 2017 @ 12:46 pm By Samantha Hurst  |  

On Wednesday, Symbid announced several improvements on its equity crowdfunding platform. The update comes less than a month after the funding portal revealed in the first half of 2017 its platform accounted for 27% of all “venture capital” crowdfunding in the Netherlands. “Collectively we have provided… Read More

August 9, 2017 @ 11:48 am By Samantha Hurst  |  

Less than one month after announcing it was rolling out current accounts, challenger bank Monzo announced its current account preview is now available on its Android mobile app. The company revealed: “Three weeks ago today, we announced the beginning of the Monzo Current Account Preview, with… Read More

August 8, 2017 @ 11:42 pm By JD Alois  |  

Following an appearance on Shark Tank back in 2014, Sara Margulis’ HoneyFund received backing from Kevin O’Leary (AKA Mr. Wonderful). O’Leary is spending some time on CNBC Squawk Box this week to fill in for vacations and one of the first guests on Squawk was… Read More

August 8, 2017 @ 5:35 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Division of Economic Risk Analysis (DERA), has just published a report addressing the issue of access to capital as well as market liquidity. DERA, the research arm of the SEC, was enlisted by Congress to report on the impact… Read More

August 8, 2017 @ 4:56 pm By Samantha Hurst  |  

The Centre for Finance, Technology, and Entrepreneurship (CFTE) announced on Tuesday it has formed a partnership with the Monetary Authority of Singapore (MAS) to formalize plans to expand its education initiative to ASEAN. According to the organization, the prime objective is to train finance professionals in… Read More

August 8, 2017 @ 1:44 pm By Samantha Hurst  |  

On Tuesday, Biz2Credit announced the release of its latest monthly analysis, which revealed that loan approval rates at big banks ($10 billion-plus in assets) increased to a new post-recession high in July 2017 and the loan approval percentages of institutional investors also set a new… Read More

August 8, 2017 @ 12:21 pm By Erin Hobey  |  

  It’s been quiet an exciting week for Abu Dhabi Global Market: global Fintech challenges, new alliances and partnerships. ADGM and KPMG have synced to launch the first ever FinTech Abu Dhabi Innovation Challenge on 22 October 2017 in Abu Dhabi to enable startups to… Read More

August 8, 2017 @ 11:24 am By Erin Hobey  |  

NEM.io Foundation, the creator of the P2P NEM blockchain platform providing payments, messaging and asset making, announced a sponsorship deal with Lithuanian basketball club Lietuvos Rytas. Basketball fans will now be able to purchase Rytas tickets with blockchain-supported digital currency.The NEM.io Foundation, a leader in… Read More

August 8, 2017 @ 8:40 am By JD Alois  |  

LendIt Europe, a Fintech and lending conference, and Startupbootcamp FinTech, a leading global Fintech accelerator, have announced the judging panel for the second annual PitchIt Europe competition. The startup competition will take place later this fall in London and applications are being accepted now with… Read More

August 7, 2017 @ 4:26 pm By Samantha Hurst  |  

investFeed, the next-generation social investment network that just replaced equities with blockchain based assets, completed its Token Generation Event (TGE) on Monday. The TGE closed with contributions totaling to 15,038 ETH with a market valuation of $4 million. The company revealed that the FEED tokens… Read More

August 7, 2017 @ 3:40 pm By Samantha Hurst  |  

On Monday, Indonesia-based peer-to-peer lending platform UangTeman announced it successfully secured $12 million during its Series A funding round, which was led by K2 Venture Capital, with participation from STI Financial Group and Draper Associates. Launched in April 2015, UangTeman describes itself as an online lending… Read More

August 7, 2017 @ 8:39 am By Samantha Hurst  |  

Advicent, a provider of SaaS technology solutions for the financial services industry, announced on Monday a new integration with Envestnet, a provider of an integrated portfolio, practice management, and reporting solutions used by more than 55,000 advisors nationwide. According to the companies, the new partnership… Read More