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.

Canada’s Largest Credit Union Coalition Joins Global Blockchain Ecosystem R3

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

Blockchain Based Crowdfunding Platform Boomstarter Launches Token Sale

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

Governor of the Bank of Thailand Calls Out Fintech, Blockchain as Important to the Future of Finance

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

Leading European Payment Platform Lemon Way Receives €10 million Investment to Fuel Hypergrowth

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

Tandem Reaches 250,000 Customers & Announces Mortgage Market Launch Plans

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

Seedrs Adds AutoInvest Feature to its Crowdfunding Platform

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

Overstock: Medici Ventures Blockchain Portfolio Company Bitt Appoints Brian Popelka as President

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

Oddbox Delivers on Seedrs: Harvesting Wonky Produce for Tidy Profits

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

German ASE Automated Video Gates System for Trains and Trucks Hits €1M Mark on Companisto: All Aboard

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

CFA Institute Adds Blockchain & Cryptocurrency to its Exams

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

Chilean Bank Ordered to Restore Banking Services to OrionX Crypto Exchange

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

Bank Software Provider Temenos Receives Recognition from Gartner for 9th Straight Year

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

Sovren Seeks to Become First UK Regulated Digital Asset Exchange, Plans Initial Coin Offering

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

Russian Accused of Laundering Bitcoin Proceeds of Crime to Be Extradited from Greece to France

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

General Atlantic Invests $250 Million in Working Capital Platform Greensill to Fuel Lending Growth

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

UK Fintech Scale Up Shieldpay Crosses Atlantic to Provide Services in the US

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

Crypto is Experiencing Dramatic Growth – But Where Are The Women?

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

Theranos Like? OurCrowd Portfolio Company Sight Diagnostics Provides Lab Quality Blood Count with Finger Prick Test

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

What Brexit? Beauhurst Report Says Record Year for Foreign Investment into UK Firms, Fintech Helps to Fuel Growth

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

Securities Token Roundtable Deliberations Continue Seeking Consensus on the Future of Blockchain based Securities

  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