Global

We find crowdfunding news from around the world and share it with you here. Some content is translated by our rather worldly in-house staff.

Russian Crypto Association Cooperating with Iran to Create “SWIFT Counterpart”

In early November, SWIFT, the Belgium-based company that operates the global payments network of the same name, announced that “certain Iranian banks” would be cut off from using the service: “In keeping with our mission of supporting the resilience and integrity of the global financial… Read More

Aussie Online Lender Prospa Recognized on Leadership List

Prospa, an online small business lender, has been recognized by Deloitte Technology Fast 50 Australia Awards for 2018. Prospa ranked 20th overall and 5th for leadership. The Deloitte Technology Fast 50 Australia Awards rank Australia’s fastest growing public or private technology companies based on their… Read More

France: Are ICOs a New Method of Finance? French Regulator AMF Publishes Report on Crypto

The Autorité des Marches Financiers (AMF) the regulator that has oversight of securities in France, has published a report on initial coin offerings. Entitled ICO Françaises: Un Nouveau Mode de Financement? – the document is a follow up to a year ago launch to the… Read More

KPMG & Crypto Exchange Independent Reserve Launch Crypto Tax Estimator

KPMG Australia and Independent Reserve have joined to manage a pressing issue: taxes for cryptocurrency transactions. The two companies have partnered on a new “Crypto Tax Estimator.” Founded in 2013, Independent Reserve is said to be the largest cryptocurrency exchange in Australia. The crypto exchange… Read More

Pro-Crypto President of Marshall Islands Survives No-Confidence Vote

By a margin of one vote, President Hilda Heine of the Marshall Islands retained her job on Monday following a no-confidence vote initiated by the opposition, Nikkei Asian Review reports. A tie of 16 for and 16 against deprived the opposition of the 17 votes… Read More

One Year Report: Shojin Property Partners Has Raised £3 Million for UK Property

Young property crowdfunding platform, Shojin Property Partners, has shared an update on their one year anniversary following the launch of their FCA regulated site in 2017. According to, Shojin the platform has raised over £3 million across five projects throughout the UK during the last… Read More

Digital Assets Lending Exchange Lendingblock Partners with Vo1t on Custody Solution

Lendingblock, a lending exchange for digital assets, has partnered with Vo1t to provide a cold storage capability for its institutional lending exchange. According to Lendingblock, Vo1t will provide 24/7 custody while simultaneously providing access to digital assets in under 30 minutes. Vo1t will support Lendingblock’s platform… Read More

A Shoe in Success: Undandy Becomes First Portuguese Crowdfunding Campaign on Crowdcube

To paraphrase Nancy Sinatra, these shoes were made for funding. Undandy, a custom-made shoes company, has paired with Crowdcube and has made quick steps toward a successful campaign. The first Portuguese startup to list on Crowdcube, Undandy aims to raise £1,000,000 for 8.77% equity offered. Pre-money valued… Read More

Montreal Mobile Payment Startup Mobeewave Closes Series B Round Led by NewAlpha, Mastercard & Forestay Capital

Mobeewave, an in-person contactless payment acceptance platform, has closed a US$16.5M Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. The strategic funding will enable Mobeewave to continue to deploy in global markets and develop new product offerings. “We are delighted… Read More

DSTOQ Builds Team & Increases Outreach; David Holtzman Promoted to New CSO

David Holtzman has assumed his new role of Chief Security Officer at DSTOQ, a licensed stock exchange without borders allowing for P2P trading of tokenized securities; he previously held the position of Technical Advisor at DSTOQ. “I am thrilled to be a part of the… Read More

IMF Director Lagard Tells Singapore Crowd to Prepare for “New World” of Digital Money

“Change is the only constant,” began IMF Managing Director Christine Lagarde as she addressed a crowd at the Singapore Fintech Festival earlier today (November 14th). “A new wind is blowing, that of digitalization. In this new world, we meet anywhere, any time…A world in which… Read More

McAfee Labs Detects New Crypto Mining Malware “WebCobra”

Researchers at McAfee Labs have discovered a new type of Russian malware quietly mining Zcash and Monero on exploited computers around the world. The malware “arrives via PUP installers” that drop and install either the Cryptonight Monero miner or Claymore’s Zcash miner onto a system, “depending… Read More

Isle of Man Raises Standards for Crypto Businesses Registered There

After “throw(ing) its arms wide open” to the burgeoning crypto sector last year, the Isle of Man is now imposing stricter requirements on “convertible virtual currency” (CVC) businesses registered there. Namely, crypto businesses on the island will now be obliged to have two local “resident directors”… Read More

Crypto Mining in Sweden Stalls in Bear Market

The prolonged bear market of 2018 appears to have affected two cryptocurrency mining operations in the county of Norbotten,Sweden, Sverige Radio reports. Power officials in the town of Älvsbyn are suing Miami-based company NGDC for millions in unpaid electricity bills, and the municipality of Kalix is looking… Read More

OurCrowd Backs Series A Round for AI Platform Cognigo

Cognigo, an AI platform for enterprises that targets data protection and compliance, has closed on an $8.5 million Series A funding round. The round was led by leading equity crowdfunding platform OurCrowd with participation from State of Mind Ventures and Prosegur. Cognigo’s CEO and Founder Guy Leibovitz believes that… Read More

Apply Now: Women in Fintech Powerlist Accepting Applications

Innovate Finance’s Women in Fintech Powerlist is now accepting applications to be included in the annual compendium of female Fintech leaders. First launched in 2015, the Powerlist has recognized the diverse talent that has helped Fintech to grow and thrive globally. In an email, Innovate… Read More

Online Marketplace for Loans Mintos Raises €5 Million Series A, Becomes More Like a Bank with New Services

Mintos, an online marketplace for loans, has just announced a € 5 million Series A funding round. As part of the announcement, Latvia-based Mintos is entering the stealth bank realm by moving to provide their users with both IBAN accounts and personal debit cards. By providing… Read More

Lending Works Appoints Three New Board Members, Targets P2P Growth

Peer to peer lender Lending Works has selected three new members for their Board of Directors. The online lender has appointed; Simon Waugh, former Chairman of CMC Markets, Deputy CEO of British Gas, Paul Noble, CEO of Honeycomb Finance, a Pollen Street Capital business, and… Read More

Singapore or London: Which One is the Top Fintech Hub?

A report published a few days backed, addressed the question of which country is tops when it comes to Fintech innovation. For some time now, Singapore and the UK have both aspired to sit on the Fintech throne each providing unique characteristics to their entrepreneurial… Read More

Researchers Link North Korea to Two Fraudulent ICOs

An increasingly “techno-savvy” ruling elite in North Korea is using a “full range” of computerized devices and tactics, including the issuing of fraudulent ICOs (initial coin offerings), to evade global sanctions and, “…generate revenue for the Kim regime,” Insikt Group reports. Insikt’s cybersecurity researchers have… Read More

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