Global

September 5, 2019 @ 8:03 am By JD Alois  |  

Huobi, an Asia based digital asset trading and management platform, has signed a Memorandum of Understanding (MoU) with the University of Gibraltar. According to a release, Huobi University has signed an MoU with Albert Isola MP, Gibraltar’s Minister for Commerce. A document was formally exchanged… Read More

September 5, 2019 @ 1:14 am By Cali Haan  |  

Outgoing IMF Managing Director Christine Lagarde has called for the careful regulation of cryptocurrencies and the Fintech sector in a campaign speech she made before the Economic and Monetary Affairs Committee of the European Parliament this week. Lagarde has been nominated to lead the European Central Bank… Read More

September 4, 2019 @ 6:50 pm By JD Alois  |  

As Crowdfund Insider reported earlier this week, Fintech Curve became the fastest crowdfunding offering ever to top £4 million on Crowdcube hitting that amount in minutes. Today, the securities offering is completed as 9555 smaller investors funded just shy of £6 million in 6 hours… Read More

September 4, 2019 @ 11:50 am By JD Alois  |  

Funding Societies, one of the largest peer-to-peer (P2P) lending platforms in Southeast Asia, has revamped its executive team with new hires. Funding Societies provides access to capital to SMEs crowdfunded by both institutional and individual investors. To date, Funding Societies reports over S$ 800 million… Read More

September 4, 2019 @ 11:07 am By JD Alois  |  

Paul Niederer, the former CEO of Australian Small Scale Offerings Board (ASSOB) – one of the first securities crowdfunding platforms in the world, has joined KoreConX to lead the expansion of the platform in Australia. Niederer is well known in Fintech circles for his experience… Read More

September 4, 2019 @ 9:00 am By JD Alois  |  

Joey Garcia, a partner at blockchain-focused law firm Isolas, is advocating for a global regulatory framework for cryptocurrency. According to a release, Garcia reviewed the concept at a United Nations Office on Drugs and Crime (UNODC) Cryptocurrencies Working Group meeting, supported and sponsored by the… Read More

September 4, 2019 @ 3:23 am By JD Alois  |  

Tokeny Solutions, a tokenization platform,  has hired Heslin Kim as Head of Business Development APAC. Heslin was previously at Polymath. Tokeny recently received the backing of Euronext, the Eurozone’s largest stock exchange, a significant strategic investment. Kim said he was thrilled to be joining Tokeny… Read More

September 4, 2019 @ 12:01 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has published its first “Global RegTech Benchmarking Report,” sponsored by EY Japan. According to the research, the Regtech industry has topped $5 billion in revenue in 2018 following a five-year surge in startup activity. CCAF reports that, while… Read More

September 3, 2019 @ 8:50 pm By JD Alois  |  

Cartica AI, a leading Israeli autonomous AI mobility startup, has closed on a Series B funding round for an undisclosed amount. Investors included leading investment crowdfunding platform OurCrowd alongside BMW i Ventures, Continental, and Toyota AI Ventures. Cartica expects to use the funds to launch… Read More

September 3, 2019 @ 8:39 pm By JD Alois  |  

InstaReM is out with a note regarding a report published by the Australian Competition & Consumer Commission (ACCC) on cross border payments/money transfers. Ther ACCC report notes that while most consumers continue to use the big four banks in Australia to move their money, Instarem… Read More

September 3, 2019 @ 8:00 pm By Cali Haan  |  

Binance, a platform reportedly handling 55% of the world’s crypto trading traffic, has acquired a crypto derivatives platform called JEX, Binance has announced: “JEX will join the Binance ecosystem as Binance JEX and focus on further building the cryptoasset derivatives market, providing Binance users with professional… Read More

September 3, 2019 @ 4:04 pm By Samantha Hurst  |  

trueDigital Holdings, LLC, a global provider of financial infrastructure technologies and products for the digital economy, announced on Tuesday it has rebranded to Tassat. According to trueDigital, the new name represents the company’s values and its focused, pragmatic and client-centric approach to delivering institutional-grade and… Read More

September 3, 2019 @ 11:37 am By JD Alois  |  

Innovesta, a women led startup that provides a decision-making platform for the benefit of both accredited and non-accredited investors, has raised $2.7 million in a funding round with participation from investors in both Israel and the USA. Draper Venture Network Member Goren Holm Ventures (GHV)… Read More

September 3, 2019 @ 9:33 am By Cali Haan  |  

Private money on the scale of Facebook’s Libra is dangerous and likely contrary to the public good, Yves Mersch, Executive Board Member of the ECB told the ESCB Legal Conference in Frankfurt September 2nd: “In the field of money, history bears testament to two basic truths…. Read More

September 3, 2019 @ 9:13 am By JD Alois  |  

Curve, a UK based Fintech crowdfunding on Crowdcube, is killing it, according to a note from the company. Curve now claims to be the fastest startup to top £4 million ever crowdfunding on Crowdcube topping the amount in “just minutes” after opening up the offer…. Read More

September 3, 2019 @ 9:06 am By Samantha Hurst  |  

Global innovation platform Plug and Play announced on Tuesday 11 startups have joined Abu Dhabi Global Market (ADGM) Fall 2019 Accelerator program, which is the third fintech and Travel & Hospitality accelerator program. Plug and Play reported that Plug and Play ADGM kicked off its… Read More

September 3, 2019 @ 8:34 am By JD Alois  |  

LendInvest, a marketplace for property finance, has announced rate reductions for their products as well as a “cashback” program for legal fees. According to a release from the platform, LendInvest will now contribute up to  £750 for legal fees on “select LTVs.” Buy to Let… Read More

September 3, 2019 @ 8:19 am By JD Alois  |  

    The UK Peer to Peer Finance Association (P2PFA) reports that Innovative Finance Individual Savings Accounts (IF ISAs) now stands at over £588 million. The P2PFA states that more than 40,000 accounts have invested in P2PFA members IF ISAs by the end of Q2… Read More

September 3, 2019 @ 7:50 am By Cali Haan  |  

A draft bill designed to bring Bulgaria in line with anti-money laundering regimes in Europe and smooth the country’s bid to join the European Exchange Rate Mechanism (ERM II) and Banking Union has passed first reading in the Bulgarian parliament, Kinstellar reports. According to the… Read More

September 3, 2019 @ 7:00 am By JD Alois  |  

Real estate investment platform iFunded has listed a new property investment opportunity – both retail and institutional investors may participate in the security offering. According to iFunded, the property being financed is an apartment building in Berlin with five units, three of which have already… Read More