Global

October 10, 2019 @ 8:28 am By JD Alois  |  

FundedByMe Poland is reporting a securities offering that closed almost immediately. Iron Wolf Studio raised over €350,000 from more than 60 investors “within minutes” of the offering going live. Iron Wolf Studio is a gaming company comprised of veteran devs and designers from Iron Wolf… Read More

October 10, 2019 @ 7:46 am By Omar Faridi  |  

Approximately half, or 50%, of young consumers in the UK would consider opening an account with a different bank to receive a better online banking experience, according to a report by software firm Mulesoft. The tech company investigated bank account holders’ attitudes and preferences related… Read More

October 10, 2019 @ 6:00 am By JD Alois  |  

UK-based Fintech Thought Machine has partnered with Swedish financial group SEB. The agreement will see SEB’s innovation studio SEBx deploy Thought Machine’s cloud-native banking platform, Vault. Though Machine has already secured partnerships with Atom bank, IBM and a major UK bank – last year securing… Read More

October 10, 2019 @ 3:56 am By Omar Faridi  |  

The Bank for International Settlements (BIS) has teamed up with the Swiss National Bank (SNB) in order to work on a Switzerland-based innovation hub that will initially conduct research into central bank digital currencies (CBDCs) and distributed ledger technology (DLT). Financial services provider SIX is… Read More

October 10, 2019 @ 1:29 am By Cali Haan  |  

The European Union’s finance commissioner-designate, Valdis Dombrovskis, has told fellow members of Europe’s governing body that he plans to propose laws for the regulation of cryptocurrencies, Reuters reports. “Europe needs a common approach on crypto-assets such as Libra…I intend to propose new legislation on this,” Dombrovskis… Read More

October 9, 2019 @ 9:39 pm By Omar Faridi  |  

The United Nations Children’s Fund (UNICEF) has created a crypto asset fund in order to receive, hold and distribute donations in Bitcoin (BTC) and Ether (ETH).  The aim of the crypto project is to promote the development of open-source protocols for children throughout the world,… Read More

October 9, 2019 @ 9:35 pm By Cali Haan  |  

Changing Zhao (CZ), CEO of Binance, one of the world’s largest cryptocurrency trading platforms, has confirmed on Twitter that the platform will begin accepting money transfers via Chinese payment giants WeChat and Alipay. The news is very significant because China has been pursuing a progressively… Read More

October 9, 2019 @ 5:25 pm By JD Alois  |  

Seedrs, a leading UK based crowdfunding platform, has launched its anticipated investment crowdfunding campaign. The offering, now open to all investors, is part of a larger £4.5 million funding round backed by institutions. Seedrs, the first approved crowdfunding platform to launch in the UK, has… Read More

October 9, 2019 @ 12:25 pm By Samantha Hurst  |  

Global cryptocurrency exchange Liquid.com announced on Tuesday it has completed its global group restructuring to reflect its “evolution into a global fintech business.” Liquid reported that as a result of the global restructuring, the existing “Quoine” operating entities have moved under Liquid Group Inc. to… Read More

October 9, 2019 @ 10:44 am By JD Alois  |  

Crowdfunding platform Fellow Finance has opened its doors to businesses in need of debt capital in Sweden, according to a note from the company. As of today, SMEs in Sweden may now apply for crowdfunding on the Fellow Finance platform. The company will offer business… Read More

October 9, 2019 @ 9:12 am By Omar Faridi  |  

Frankfurt-based Deutsche Bank has established a central technology division that will manage the multinational investment bank’s technology security, data and innovation projects. The financial services company’s new unit will be headed by Bernd Leukert, an experienced SAP executive who joined the institution earlier this year… Read More

October 9, 2019 @ 8:46 am By JD Alois  |  

Huge German real estate developer, Bauwens Group, has invested in security token issuance platform Fundament Group ostensibly with the intent of issuing digital assets backed by real estate. Details on the investment were not disclosed. Bauwans Group has an estimated €6.7 billion in managed project… Read More

October 9, 2019 @ 3:19 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) and Intel (NASDAQ: INTC) are supporting a new token reward system developed by the Enterprise Ethereum Alliance (EEA), a standards organization that creates open, blockchain specifications that enhance interoperability for businesses. The EEA is one of the world’s largest blockchain consortiums with… Read More

October 9, 2019 @ 1:42 am By Cali Haan  |  

An advocacy group representing mainstream stock exchanges and clearinghouses from around the globe, the World Federation of Exchanges (WFE), has asked the UK’s Financial Conduct Authority (FCA) not to ban cryptocurrency derivatives products aimed at retail investors. In a consultation paper issued by the FCA… Read More

October 8, 2019 @ 2:41 pm By JD Alois  |  

Deutsche Handelsbank has appointed two co-CEOs. Deutsche Handelsbank is an interesting institution that is focused on Fintech. Originally launched as a payment transaction service provider, today the bank provides SME loans, including factoring, as well as savings accounts. On top of this, Deutsche Handelsbank provides… Read More

October 8, 2019 @ 2:29 pm By Samantha Hurst  |  

Kiva, a crowdfunding platform dedicated to connecting people through lending, announced on Monday it has deployed $1 billion in loans to female entrepreneurs around the globe. Kiva reported that its goal is to create a more connected and inclusive financial system that empowers all individuals… Read More

October 8, 2019 @ 10:35 am By Omar Faridi  |  

Decentralized applications’ (dApps) overall transaction volume and user activity dropped significantly during the third quarter of this year, according to a Dapp.com report shared with CrowdFund Insider. Dapp.com, an analytics platform for dApps created on Ethereum (ETH), EOS, Tron, Steem, TomoChain, IOST, and Blockstack, published… Read More

October 8, 2019 @ 8:17 am By Omar Faridi  |  

Vista Equity Partners might reportedly sell a 50% stake in $10 billion Fintech outfit Finastra, according to Bloomberg. Finastra was established in 2017 when Vista acquired Canadian firm D+H and merged it with London-headquartered Misys, another Fintech company owned by Vista. The merger helped establish… Read More

October 8, 2019 @ 8:11 am By JD Alois  |  

In partnership with Raisin, Yolt has launched access to competitive savings accounts in the UK, Italy and France. Raisin announced a new relationship with Yolt this past summer. Yolt users may now apply for a Raisin account accessing a range of deposit products, select from… Read More

October 8, 2019 @ 7:06 am By Omar Faridi  |  

Block.one, a Cayman Islands-registered open-source software publisher that developed EOS, one of the largest platforms for building and deploying decentralized applications (dApps), revealed the release candidate for EOSIO 2, the Version 2 of its EOSIO protocol.  As noted in a press release shared with CrowdFund… Read More