Global

February 10, 2020 @ 7:16 am By JD Alois  |  

Bitbond, a Germany based Fintech that provides online lending and tokenization services, has announced a new partnership with a regulated bank, Bankhaus von der Heydt. Bitbond will now help the bank provide  asset structuring and asset servicing using blockchain technology. Bankhaus von der Heydt was… Read More

February 10, 2020 @ 6:58 am By Omar Faridi  |  

Popular Fintech Curve will launch in the US during 2020 according to a statement by CEO and founder Shacher Bialik delivered during the annual Fintech Week Tel Aviv. Curve is an “over the top” or OTT banking platform that is not a bank. The company… Read More

February 10, 2020 @ 4:15 am By Omar Faridi  |  

HDFC Bank, the largest private sector lender in India, recently appointed Anjani Rathor as the institution’s new group head of digital banking. Rathor’s official designation is chief digital officer at HDFC. He will be tasked with taking the institution’s digital transformation strategy forward, the bank… Read More

February 10, 2020 @ 2:21 am By JD Alois  |  

allplants, a “vegan delivery company,” is claiming title to the largest vegan crowdfunding round in the UK after raising £2 million in just 48 hours now at £2.2 million backed by over 800 investors. The offering is still live on Seedrs and smaller investors can… Read More

February 10, 2020 @ 2:04 am By JD Alois  |  

Top online investment platform OurCrowd is out with a note on its Sportstech portfolio companies as a fast emerging opportunity for investors. OurCrowd is holding its annual Summit this week and Sportstech will be just one of the industries the event will highlight. OurCrowd CEO… Read More

February 10, 2020 @ 1:51 am By Omar Faridi  |  

London-headquartered Paysend, an international funds transfer company, has confirmed the launch of its money transfer services in Australia. Paysend’s services can now be used in the $1.3 trillion economy to send funds to companies located abroad. The firm said that China, India, and Vietnam are… Read More

February 10, 2020 @ 1:45 am By Omar Faridi  |  

London-headquartered firm Laka has secured €4.2 million for the ongoing development of its bicycle insurance platform. The firm will be establishing its European headquarters in Amsterdam and will use the funds raised to further expand its operations across Europe. Laka’s latest investment round was led… Read More

February 9, 2020 @ 11:07 pm By Samantha Hurst  |  

Bitmain Technologies, a China-based consumer-grade ASIC miner, recently address fraudulent usage of websites Bitmain.farm and Antminersmiling.com. The company reported it discovered some websites that have been impersonating Bitmain and have been communicating with its existing customers under false pretense. “In order to protect the legitimate… Read More

February 9, 2020 @ 8:00 pm By Omar Faridi  |  

We recently caught up with Tim Carmody, Chief Technology Officer of IPC, a global leader in financial trading and communications technology solutions. Carmody, who has several decades of experience in designing and leading complex technology solutions for the trading community, discussed how Wall Street companies… Read More

February 9, 2020 @ 4:05 pm By Omar Faridi  |  

BISON, the digital asset trading mobile app created by a subsidiary of Germany-based stock exchange, Börse Stuttgart, recently revealed that it has now onboarded more than 81,000 users during its first year of operations. Börse Stuttgart’s cryptocurrency trading venture also confirmed its plans to add… Read More

February 9, 2020 @ 2:05 pm By JD Alois  |  

Snowball Effect, the top crowdfunding platform operating in New Zealand with about 70% of the market, recently distributed an update on platform progress. A highly curated marketplace, Snowball Effect was the first crowdfunding platform to launch in New  Zealand back in 2014. According to the… Read More

February 9, 2020 @ 1:35 pm By Omar Faridi  |  

Hamburg-headquartered Receeve has secured €4 million through a seed funding round led by Mangrove Capital Partners and Speedinvest. The funds raised will be used to digitally transform Europe’s debt sector. Full stack of debt servicing Receeve says it will use technology and artificial intelligence to… Read More

February 9, 2020 @ 4:27 am By Omar Faridi  |  

PaySend, a popular UK-established cross-border funds transfer service, has teamed up  with Pakistan’s JS Bank, in order to introduce the “Freelance Wallet” for freelance workers in the $300+ billion economy. Pakistan is notably the world’s fourth fastest-growing global economy for freelancers, with revenues recording an… Read More

February 9, 2020 @ 3:28 am By Xu Gao  |  

Insurtech Platform Huize.com to List on NASDAQ on February 12 On February 6th, online insurance platform Huize.com updated its F-1 prospectus filed to the US Securities and Exchange Commission (SEC), and planned to list on NASDAQ on February 12th, with a stock code “HUIZ”. It… Read More

February 9, 2020 @ 3:08 am By Omar Faridi  |  

BaFin, Germany’s financial supervisory authority, recently clarified how the leading European nation’s new crypto-asset custody law would apply to companies that are operating outside of the country, yet still serve local markets. BaFin’s latest guidance, published last month, notes that firms which are currently custodying… Read More

February 9, 2020 @ 3:03 am By Omar Faridi  |  

Hedera Hashgraph, an enterprise-grade, public distributed ledger technology (DLT) platform, recently confirmed a strategic partnership with Armanino LLP, one of the largest accounting and business consulting companies in the United States. As noted in a press release shared with Crowdfund Insider, the partnership will allow… Read More

February 8, 2020 @ 6:07 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an established multinational firm focused on offering financial services technology platforms, has released a whitepaper highlighting how financial institutions that employ a strategic approach to open banking can promote competitive differentiation, improved client experiences and faster growth. Financial institutions have to… Read More

February 8, 2020 @ 5:38 pm By Omar Faridi  |  

Majority, a digital banking platform focused on serving immigrant communities, recently introduced its products to US customers, following a four-month beta testing period. In order to expand its existing business operations, Majority says it remains focused on two major drivers: physical meetup spaces and brand… Read More

February 8, 2020 @ 5:33 pm By Omar Faridi  |  

The developers of Compound, a decentralized Ethereum-based lending protocol that forms part of the nearly $1 billion (at current valuations) DeFi ecosystem, had commissioned a stress test, which now reveals that the platform will be able to scale its total borrowed ETH value by 10x… Read More

February 8, 2020 @ 9:54 am By Omar Faridi  |  

Bitcoin Depot, one of the world’s fastest-growing multi-cryptocurrency ATM networks, announced on February 6, 2020, that it’s expanding its services to more than 500 ATMs, globally. This move will notably make Bitcoin Depot the largest blockchain ATM network in the world. The firm recently surpassed… Read More