January 23, 2019 @ 9:00 am By Erin Hobey  |  

Lending Express, an Israeli tech company dedicated to creating a better world of funding for SMBs, has surpassed $100 million in financing facilitated between small and medium business owners and online lenders. Lending Express also obtained state permission to open for business in California. The… Read More

January 23, 2019 @ 8:55 am By JD Alois  |  

Leading investment crowdfunding platform OurCrowd is jumping into the hot cannabis sector. OurCrowd has launched a $30 million cannabis tech fund called 7thirty Opportunity Fund. OurCrowd said it will build the “world’s leading global cannabis technology venture capital fund.” The new fund is said to… Read More

January 23, 2019 @ 8:16 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) issued a consultation today on the emerging “cryptoasset” sector of finance.  The UK is well known for its thoughtful regulatory approach when it comes to innovative new financial services and the final outcome will be watched with interest around… Read More

January 23, 2019 @ 8:11 am By Samantha Hurst  |  

Global Payables Platform Tipalti announced on Tuesday it enabled automated publisher payments for ad test customers, which includes AppMonet, StackCommerce, and mobileFUSED. Founded in 2010, Tipalti claims it is the only supplier payments automation solution to streamline all phases of the AP and payment management workflow in one… Read More

January 22, 2019 @ 11:58 pm By Cali Haan  |  

Two executives from the Korean cryptocurrency Komid have been imprisoned for creating fake volume on the exchange in order to deceive investors, Korean media outlet Blockinpress reports. Komid Choi has reportedly been sentenced in Seoul to three year’s imprisonment for fraud and embezzlement, and an accomplice, Park… Read More

January 22, 2019 @ 10:52 pm By Cali Haan  |  

Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More

January 22, 2019 @ 2:25 pm By JD Alois  |  

Just about every international organization that touches finance has postulated on initial coin offerings (ICOs) and what should be done with this new form of access to capital. Last week, the Organization for Economic Cooperation and Development (OECD) had their say. Last fall, the OECD… Read More

January 22, 2019 @ 2:06 pm By JD Alois  |  

Following a Memorandum of Understanding (MOU) which was signed last year, Inditrade Capital and Robocash Group have launched a new short-term consumer lending service in India. Robocash Group says the start of microlending operations by its subsidiary JRG FinCorp. Ltd in India is operating the service… Read More

January 22, 2019 @ 12:00 pm By Zhuling Chen  |  

Make way for the next generation of blockchain crowdfunding Alongside the rise of Bitcoin and other cryptocurrencies, Initial Coin Offerings (ICOs) saw explosive growth in 2017, with more than 1,500 ICOs raising a combined total of over $28 billion in the last two years alone…. Read More

January 22, 2019 @ 11:07 am By Cali Haan  |  

Seven men police believe conspired to rob multiple Bitcoin “mines” in Iceland have been convicted, and their leader sentenced to 4.5 years in prison, Icelandic news outlet DV reports. Starting in December 2017, and for several weeks thereafter, six men led by Sindri Thor Steffanson allegedly robbed… Read More

January 22, 2019 @ 8:52 am By JD Alois  |  

OurCrowd portfolio company Hailo has extended its Series A funding round as additional investors gained interest in the firm. Hailo is a developing a “deep learning processor,” that seeks to empower intelligent devices with the performance of a data center-class computer, operating in real time at… Read More

January 22, 2019 @ 8:27 am By JD Alois  |  

AnaCap-backed payment services provider heidelpay has announced the acquisition of Universum Group in Germany. heidelpay reports that this is their 5th acquisition since 2017. Details of the acquisition were not disclosed. Based in Heidelberg, the heidelpay Group is a fintech service provider in the international payment… Read More

January 22, 2019 @ 7:59 am By JD Alois  |  

Online lender creditshelf has shared the results of their “Financing Monitor 2019.” According to their research, Germany-based SMEs are feeling the consequences of international trade conflicts and questions. “Every second company reports that access to credit has deteriorated compared to the previous year.” creditshelf states… Read More

January 22, 2019 @ 3:41 am By Erin Hobey  |  

Barcelona-based Santafixie Group, a brand and e-commerce of bicycles and components,  has released its own brand of bicycles, with nearly 90K orders and counting. Aiming to be the go-to global brand for bicycles, Santafixie is seeking an investment injection in order to release new models… Read More

January 22, 2019 @ 2:31 am By Erin Hobey  |  

  vanilla bean, claiming the title as “the world’s first packaging-free restaurant delivery service,” offers CO2-free, fair, and 100% vegan packaging. The Regensberg, Germany based company aims to help solve the problem of packaging waste: almost 50% of the plastic waste produced worldwide comes from packaging…. Read More

January 21, 2019 @ 10:03 pm By Erin Hobey  |  

2018 was another great year for Invesdor, according to management. Founded in 2012 and headquartered in Helsinki with a branch office in Stockholm, the award-winning Nordic market leader in digital fundraising and investing connects European growth companies with global investors. Named Best Nordic Fintech Startup 2018 and regulated… Read More

January 21, 2019 @ 12:53 pm By JD Alois  |  

Falcon Private Bank says it is the first Swiss private bank to enable direct transfers of several cryptocurrencies for both private and institutional clients. According to a release from the firm, clients may now transfer to and from segregated Falcon wallets, Bitcoin, Bitcoin Cash, Ether,… Read More

January 21, 2019 @ 11:28 am By JD Alois  |  

A joint report by the European Securities Markets Authority (ESMA), the European Banking Authority (EBA), and the European Insurance and Occupational Pensions Authority (EIOPA), addresses the topic of Fintech Sandboxes, the approach by regulators to partner with emerging Fintech firms by creating a safe place… Read More

January 21, 2019 @ 8:44 am By JD Alois  |  

Crypto Garage has accepted into the Japanese Financial Services Authority (FSA) Fintech Sandbox program. This is the first blockchain and finance project authorized by the Sandbox. The FSA announced the news in a release which was followed by a post by the parent company of… Read More

January 21, 2019 @ 7:42 am By JD Alois  |  

The once red-hot UK property market has cooled a bit. As Brexit fears persist, London property prices have declined dramatically from their peak more than a year ago. Headlines have done little to assuage concerns with one recent publication claiming housing sales are facing the worst… Read More