June 22, 2017 @ 12:57 pm By Cole Lyons  |  

The Sydney based Fintech startup, Simply Wall St, announced that it has raised $2.4 million in funding. What makes this especially unique is that all eleven of its investors were users of the company’s service. This round of investing is their first since their $600,000… Read More

June 22, 2017 @ 8:11 am By Jonathan Nieh  |  

Ether, the cryptocurrency which runs the Ethereum blockchain network, fell over 10% the last couple days which was caused by a backlog of network orders from recent Initial Coin Offerings (ICOs). The cryptocoin had reached a high of over $400 a coin earlier this month… Read More

June 22, 2017 @ 4:46 am By Erin Hobey  |  

Since launching yesterday on Companisto, German tech firm Copaltec has raised over 163,790€ from more than 143 investors for 14.63% equity offered. having already surpassed its initial 100K€ goal, the company is now aiming to hit its 600K€ goal within the next 59 days or by 20… Read More

June 22, 2017 @ 3:58 am By Erin Hobey  |  

Payza, a global payments platform,  announced a cryptocurrency exchange expansion to include the “most popular” Bitcoin alternatives. In the majority of the countries where Payza is available, verified Payza members may now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza,… Read More

June 22, 2017 @ 3:43 am By Erin Hobey  |  

Crowdo announced two more successful Equity Crowdfunding offers which had successfully surpassed their fundraising targets: MNP Auctioneers and Goody Technologies. This adds to a successful track record of ECF offers published on the Crowdo ECF website including The Parenthood which raised a record-setting 2.64mn RM… Read More

June 22, 2017 @ 3:12 am By Erin Hobey  |  

Fresh from completing its Initial Coin Offering in June 2016 which reportedly garnered more than $16 million (30,000 BTC), Waves platform has introduced a now live USD gateway. Waves, a Russian decentralised platform for launching crowdfunding campaigns and issuing digital assets, has announced that its users can… Read More

June 21, 2017 @ 10:47 pm By JD Alois  |  

FinTech Australia is out today with a Fintech Ecosystem Map visually representing the ever-changing and growing number of entities participating in innovative finance in Australia. FinTech Australia says it intends on updating the map every six months to keep things current. Currently, the map lists… Read More

June 21, 2017 @ 10:36 pm By JD Alois  |  

Prospa, an Australian online lender for small businesses, has appointed Damon Pezaro as its first Chief Product Officer. The online lender described appointment as part of an expansion to its product offering to help more small business owners access finance. Pezaro joins Prospa from Domain,… Read More

June 21, 2017 @ 10:30 pm By JD Alois  |  

OurCrowd, a global leader in equity crowdfunding, has announced a new platform designed to match global companies with innovative startups called OurNetwork. The world is getting smaller and sophisticated international corporations must tap into emerging disruptive firms to compete. OurCrowd has created this matchmaking platform… Read More

June 21, 2017 @ 10:25 pm By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) is out with two consultation papers that are guides for crowd-sourced funding (or investment crowdfunding). The first, “Crowd-sourced funding: Guide for public companies,” is consultation seeking feedback for proposed guidance on public companies raising capital online. The second, “Crowd-sourced funding:… Read More

June 21, 2017 @ 10:01 pm By Therese Torris  |  

  The German real estate crowdfunding market is set to more than triple in size this year. Real estate developers, asset managers, and, most recently, real estate agents are joining the fray of real estate crowdfunding platforms, trying to unseat the handful of leaders who… Read More

June 21, 2017 @ 5:29 pm By Cole Lyons  |  

In a recent announcement, SWIFT offered up to €200,000 in funding to Fintechs around the world to develop new overlay services that utilize their new global payments innovation (gpi) platform. The two winning Fintech companies of an Industry Challenge will work with banks on innovations that… Read More

June 21, 2017 @ 3:52 pm By Samantha Hurst  |  

Cybersecurity company WISeKey announced on Wednesday the launch of its artificial intelligence and blockchain Centre of Excellence located in India that will support its global projects. According to the company, The India location will be working to expand its AI project, WISeAI-integrating the WISeKey Indian… Read More

June 21, 2017 @ 2:58 pm By Barry James  |  

I was asked: How did the book come about? Why did you write it? It has my name on it, but in truth it’s something of a team effort. Fundamentally I wrote it because I need it, my team needs it and the world needs… Read More

June 21, 2017 @ 11:28 am By Samantha Hurst  |  

Ernst & Young LLP (EY) announced on Wednesday the launch of its new Union Square Innovation Center in New York City. According to the company, the center will focus on financial services and is a flagship location for EY wavespace, its global growth an innovation… Read More

June 21, 2017 @ 11:21 am By JD Alois  |  

This is kind of interesting. A report provided by MyPrivateBanking in Switzerland entitled Digital Wealth Management in Asia: Focus on China and India, states that 80% of leading wealth managers in China use WeChat. In India, 40% of leading Indian wealth managers connect clients to advisors through mobile… Read More

June 21, 2017 @ 10:24 am By Samantha Hurst  |  

Digital Financial Services Lab (DFS Lab) announced on Tuesday it is set to invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. The startups are Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and… Read More

June 21, 2017 @ 7:37 am By JD Alois  |  

Beauhurst is out with some research on early stage deals in the UK for the month of May. While the total raised for these startup deals jumped dramatically to £941 million (the most ever tracked by Beauhurst in a single month) the number of deals… Read More

June 21, 2017 @ 1:32 am By Jonathan Nieh  |  

Last week, Bancor, a blockchain startup aiming to be the standard for smart tokens, held an Initial Coin Offering (ICO) which raised over $144 million in a few hours. A recent post on Hacking, Distributed claims that Bancor’s ICO was flawed and there were a… Read More

June 20, 2017 @ 10:25 pm By JD Alois  |  

VentureCrowd is a multi-asset crowdfunding platform providing early stage, property and “crowd credit” funding in Australia. Currently, VentureCrowd only caters to sophisticated or high net worth individuals.  Each early stage investment listed on its platform has already secured a professional lead investor thus allowing a smaller… Read More