Global

July 21, 2019 @ 4:00 pm By Kirill Bensonoff  |  

    If an individual is interested in taking on investing, jumping directly into the stock market can be difficult, due to intimidation and the high required minimums. The initial perception floating around the industry is that in order to reap any benefits from investing,… Read More

July 21, 2019 @ 9:47 am By JD Alois  |  

The Women in Finance Charter now has over 350 names on its list of supporters, according to a note from HM Treasury, as 21 new names were announced. A good number of signatories are Fintech firms. The Treasury’s Women in Finance Charter seeks support from… Read More

July 19, 2019 @ 5:54 pm By Cali Haan  |  

Dmitry Vasiliev, a 32-year old Russian who took over and rebranded the notorious BTC-e exchange when its alleged admin, Alexander Vinnick, was arrested in Greece in 2017, is now under arrest in Italy, the BBC reports. Vasiliev rebranded BTC-e, “the largest Russian-language platform for the… Read More

July 19, 2019 @ 11:53 am By JD Alois  |  

TokenMarket, part of the UK Financial Conduct Authority Sandbox program, is scheduled to close its own security token offering (STO) this coming Monday (July 22nd). TokenMarket launched its STO in early July seeking a max amount of £2 million. As it stands today, TokenMarket has… Read More

July 19, 2019 @ 6:21 am By JD Alois  |  

The UK  Department for International Trade (DIT) is in the process of doing a survey on Fintech. The survey appears to be designed to enable DIT to better understand how the government may more effectively support UK Fintech development asking specifically “what support can DIT… Read More

July 19, 2019 @ 2:36 am By Cali Haan  |  

Speaking from outside G7 meetings being held in Chantilly, France, on Thursday, US Secretary of the Treasury, Steve Mnuchin, elaborated on his government’s recently expressed sentiments towards Facebook’s Libra and cryptocurrencies in general. “Anybody in the US that touches a Bitcoin is responsible for (enforcing)… Read More

July 18, 2019 @ 9:20 pm By Cali Haan  |  

A young student at Moscow State University, Alexey Andryunin, and his unnamed partner, have come up with a lucrative sideline that has made them much less interested in their studies: the wash trading of crypto tokens to make it look like there’s a market for… Read More

July 18, 2019 @ 2:56 pm By JD Alois  |  

Goldman Sachs (NYSE:GS) issued its Q2 earnings report this past Tuesday (July 16). Goldman’s shares moved higher following the release after beating expectations on both the top and bottom lines. Goldman also announced an increase in the capital return program including an increase in the… Read More

July 18, 2019 @ 11:13 am By JD Alois  |  

Brexit be damned. At least, so it seems. The UK is rocking early-stage equity investments, according to Beahursts 6 month report. While the political class agonizes over what may happen when the European divorce is final, investors continue to shoulder risk in the UK market… Read More

July 18, 2019 @ 8:50 am By JD Alois  |  

The first CV Labs incubation program is said to have ended in success as 12 startups from 8 different countries exited the incubator with an aggregate valuation of $10 million, according to a release. Crypto Valley reported that over 600 applicants applied for the incubator…. Read More

July 18, 2019 @ 8:33 am By JD Alois  |  

Alternative finance surpassed € 1 billion in 2018 in the Netherlands as sector growth continues, according to a report from Stichting MKB Financiering. Ronald Kleverlaan, a representative from Stichting and note alternative finance expert, commented on the report: “The Dutch Alternative Finance market has reached… Read More

July 18, 2019 @ 6:30 am By JD Alois  |  

ZhongAn Online P & C Insurance Co. Ltd. (6060:HK), a Chinese Insurtech backed by Alibaba founder Jack Ma and Tencent founder Pony Ma, has announced multiple changes to its executive leadership. ZhongAn went public in Hong Kong in 2017. At that time, it was Hong… Read More

July 17, 2019 @ 8:29 pm By Cali Haan  |  

Binance, a major cryptocurrency exchange that suffered a $44 million USD hack in May, recently processed some of the Bitcoins stolen from it on behalf of the hackers, digital currency Regtech firm Coinfirm reports. According to data Coinfirm furnished to Coindesk, hackers have been moving… Read More

July 17, 2019 @ 6:02 pm By JD Alois  |  

Bruno Le Maire, the French Minister of the Economy and supporter of cryptocurrency, has been tweeting about virtual currencies today during meetings of the G7 taking place in France. Le Maire has been a vocal supporter of blockchain technology and a strong voice in support… Read More

July 17, 2019 @ 4:51 pm By Samantha Hurst  |  

Austria-based Insurtech startup bsurance announced this week it has named Fintech startup cashpresso, also from Austria, as a cooperation partner. Through the partnership, the digital insurance solution from bsurance will enable an automatic buyer protection for cashpresso. bsurance reported the insurance product is provided by… Read More

July 17, 2019 @ 2:19 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has signed a “Fintech Cooperation Agreement” with the Central Bank of Kenya. The agreement was finalized during the inaugural Afro-Asia Fintech Festival in Nairobi, Kenya. The two entities said they will collaborate to develop digital infrastructure services including KYC… Read More

July 17, 2019 @ 12:32 pm By JD Alois  |  

Innovate Finance has just published its Q2 UK Fintech investment report tallying activity for the first half of 2019. Innovate Finance is a five-year-old private-public partnership group that claims over 250 global members. Supported by the City of London and Broadgate, it is a not-for-profit… Read More

July 17, 2019 @ 7:51 am By JD Alois  |  

France will soon reveal its first round of regulatory-compliant initial coin offerings (ICOs) according to a report. The ICOs come following a months-long discussion and conclusion of bespoke legislation to allow for digital assets to be issued and traded which are not deemed to be… Read More

July 17, 2019 @ 2:51 am By Cali Haan  |  

Bitcoin’s recent rollercoaster ride, involving multiple thousand-dollar fluctuations between $9000 and $14 000 USD within very short time frames (sometimes less than 2 hours) is being brought about by an increase in leverage available at exchanges, “CZ Binance” told Bloomberg recently. Changpeng Zhao or “CZ”… Read More

July 16, 2019 @ 10:19 pm By JD Alois  |  

GOJEK, a Southeast Asian unicorn, has received backing from global credit and payments provider Visa. According to a release, Visa participated in GOJEK’s ongoing Series F funding round for an undisclosed amount.  Other investors include Mitsubishi Motors Corporation, Mitsubishi Corporation, and investment from Mitsubishi UFJ… Read More