July 17, 2018 @ 3:13 pm By Samantha Hurst  |  

The Large Credit Union Coalition (LCUC), a group comprising the CIOs of the 16 largest credit unions in Canada, announced on Tuesday it has joined enterprise software firm R3’s global blockchain ecosystem. The LCUC reported that it will join R3’s network of more than 200 financial… Read More

July 17, 2018 @ 11:05 am By JD Alois  |  

Russia based Boomstarter.Network, a “cryptofunding platform” has raised $1 million in early financing from venture funds and private companies as part of its ongoing token offering. The blockchain based crowdfunding platform stated that DTI, an investor in Telegram and Dropbox, are participating in the funding of… Read More

July 17, 2018 @ 10:28 am By JD Alois  |  

Speaking at the Bloomberg ASEAN Business Summit in Bangkok this past week, Dr. Veerathai Santiprabhob, Governor of the Bank of Thailand, delivered a broad based speech that discussed the opportunities provided by Fintech and blockchain specifically. Dr. Santiprabhob said their Fintech regulatory Sandbox;  “… serves as a… Read More

July 17, 2018 @ 9:52 am By JD Alois  |  

Fintech Lemon Way, a payment institution regulated by the ACPR – Banque de France,  has received additional funding in the amount of €10 million. The round was led by Breega capital, with the participation from Speedinvest, a Fintech venture capital fund. According to the local… Read More

July 17, 2018 @ 9:43 am By Samantha Hurst  |  

Just two months after surpassing 100,000 customers, UK-based challenger bank Tandem has successfully attracted 250,000 customers to its platform. Not only is the fintech celebrating the number of users, it is also reportedly planning to launch its very own mortgage market.  According to Financial Reporter, Tandem… Read More

July 17, 2018 @ 9:18 am By JD Alois  |  

Investment crowdfunding platform Seedrs has announced a new feature. AutoInvest will now enable a robo-investing type service for individuals to gain access to early stage private equity while facilitating a diverse portfolio for risk mitigation. For the past six years, investments on equity crowdfunding platforms have… Read More

July 17, 2018 @ 8:30 am By JD Alois  |  

Medici Ventures, part of Overstock (NASDAQ:OSTK), has announced that portfolio company Bitt has appointed  Brian Popelka as President of the Fintech firm. Bitt is based in Barbados and is developing a digital currency ecosystem that seeks to provide a decentralized banking and payment platform. Bitt’s mMoney digital… Read More

July 17, 2018 @ 5:26 am By Erin Hobey  |  

Gardeners know that homegrown produce rarely look as perfect as what’s sold at Fairway, Citarella or even Whole Foods. Past successful food delivery crowdfunding campaigns like Foodist, Ooooby Grit Grocery have focused on delivering exceptional local, artisan foods… but what to do about the odd-shaped… Read More

July 17, 2018 @ 2:22 am By Erin Hobey  |  

ASE, a company founded in 2002, uses its system to scan passing trains and trucks with fully automated “video gates” and saves companies time-consuming and error-prone manual checks. The company easily surpassed its €700,000 finding goal and has reached €1M milestone. 1224 investors have participated in the… Read More

July 16, 2018 @ 11:11 pm By JD Alois  |  

The CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. According to the group, there are more than 154,000 CFA charterholders worldwide in 165+ countries and regions. So when a group that prides itself on setting… Read More

July 16, 2018 @ 10:53 pm By Cali Haan  |  

An appeals court in Santiago, Chile has ordered the Chilean bank, Banco Estado, the ensure the restoration of banking services to the OrionX cryptocurrency exchange, LT Pulso reports. In early April, 10 Chilean banks cut services to cryptocurrency firms in the country. Three cryptocurrency trading… Read More

July 16, 2018 @ 10:30 pm By JD Alois  |  

Banking software providor Temenos (SIX: TEMN), was recently recognized by analyst firm Gartner, for its service for the 9th year in a row. Temenos was acknowledged  in the June 2018 report “Magic Quadrant for Global Retail Core Banking” (GRCB) – a document that assesses vendors based… Read More

July 16, 2018 @ 3:03 pm By JD Alois  |  

UK based Sovren says it will launch the first digital asset exchange to be regulated by the Financial Conduct Authority (FCA) and accessible to institutional investors. The creation of two ex-bankers, Sovren has also announced an Initial Coin Offering (ICO) planned for Q3 this year…. Read More

July 16, 2018 @ 2:24 pm By Cali Haan  |  

Alexander Vinnik, a Russian national accused by the US government of laundering $4 billion dollars of cryptocurrency proceeds of crime will be extradited from Greece to France to face charges there, CNN Greece reports. An unsealed US government indictment charges Vinnik with 21 counts of… Read More

July 16, 2018 @ 1:26 pm By JD Alois  |  

Leading non-bank finance firm Greensill has received an investment from General Atlantic in the amount of $250 million. This values Greensill at $1.64 billion. Gabriel Caillaux, Managing Director and Head of EMEA at General Atlantic, will be joining the Greensill board. Founded in 2011, Greensill provides… Read More

July 16, 2018 @ 12:18 pm By JD Alois  |  

UK based Shieldpay has expanded into the US by providing services to car classified site, AutoClassics.com. The Fintech scale up enables sites to become fully transactional marketplaces and offers an instant digital escrow payment solution.  Shieldpay can also accelerate multi-million-pound M&A deals and real estate transactions,… Read More

July 16, 2018 @ 9:37 am By Masha Prusakova  |  

Male and white – this was the start of the cryptocurrency world. Since the early days of cryptocurrencies, miners, and blockchain developers have been comprised of men – and today’s token projects are reflective of that gender disparity. There is a gender imbalance in the… Read More

July 15, 2018 @ 3:08 pm By JD Alois  |  

Sight Diagnostics, an Israeli Medtech firm, has launched “OLO,” an AI-based blood diagnostics device which is said to offer lab-quality “Complete Blood Count” (CBC) tests from finger prick samples at the point-of-care. Sight Diagnostics is an OurCrowd portfolio company having facilitated two investment rounds in… Read More

July 15, 2018 @ 12:00 pm By JD Alois  |  

UK research firm Beauhurst published a report recently that highlighted foreign investment into high growth UK firms. According to their numbers, foreign investment is booming in the UK – in spite of Brexit induced jitters. The report states that during 2017 foreign investment hit £6… Read More

July 15, 2018 @ 9:21 am By JD Alois  |  

  As was reported last week, the Securities Token Roundtable is continuing deliberations in Barbados over the weekend. Organized in part by the efforts of Polymath who is hosting the event, the meeting includes a good number of emerging platforms and industry participants seeking to… Read More