Global

May 30, 2019 @ 1:07 pm By JD Alois  |  

MarketOrders, a B2B platform that enables users to buy gold and diamond jewelry directly from international suppliers, is raising capital on Crowdcube. According to the campaign page, MarketOrders is seeking a £400,000 minimum raise selling an 8.16% equity stake in the firm at a £4.5… Read More

May 30, 2019 @ 9:42 am By JD Alois  |  

Online lender creditshelf (CSQ.F) has reported financial results for the first quarter of fiscal year 2019. According to the Germany-based Fintech, revenues tripled in the first quarter versus the same period year prior. creditshelf is a marketplace lender that matches investors to SMEs in need… Read More

May 30, 2019 @ 8:58 am By JD Alois  |  

Long anticipated, digital challenger bank Revolut has added ApplePay to its growing list of services. The option to add a Revolut card to ApplePay is reportedly popping up across Europe. Apparently, Apple Pay is only officially available in the UK and France but according to… Read More

May 30, 2019 @ 5:02 am By JD Alois  |  

Leading investment crowdfunding platform OurCrowd has announced that Alec Ellison, former Vice Chairman of Jefferies, LLC, and former Chairman of Jefferies’ Technology Investment Banking group, as well as the Founder of Outvest Capital, has been appointed Chairman of the Board of OurCrowd Management for the… Read More

May 29, 2019 @ 9:54 pm By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) has updated regulatory information pertaining to initial coin offerings (ICOs) and crypto-assets. In a release, ASIC recommended that businesses engaged in crypto “consider their legal obligations and satisfy themselves they are operating lawfully.” ASIC stated that their recent… Read More

May 29, 2019 @ 7:56 pm By Cali Haan  |  

Citing concerns about “…anonymity, speed and cross-border nature of DPT (cryptocurrency or digital payment tokens) transactions,” the Monetary Authority of Singapore (MAS) has stated it does not want to hasten regulation of cryptocurrencies because of the potentially “legitimizing” and popularizing effect doing so could have…. Read More

May 29, 2019 @ 4:01 pm By Samantha Hurst  |  

ChargeAfter, a global network that enables retailers to match their consumers with credit and financing offers, announced on Wednesday it secured $8 million during its Series A funding round, which was led by Propel Venture Partners, with participation from PICO Venture Partners, the Plug and… Read More

May 29, 2019 @ 11:46 am By JD Alois  |  

TransferMate, a cross-border B2B payments providers, has secured its first regulatory approval in Asia with a payments license in Singapore. TransferMate claims to hold one of the largest portfolios of payments licenses in the world. This includes all 50 US states plus territories, to support… Read More

May 29, 2019 @ 10:39 am By JD Alois  |  

Fineqia International (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) has increased its equity stake in Black Insurance, an Insurtech that utilizes blockchain tech to tokenize the asset. The exact amount of the investment was undisclosed. This is the second investment from Finequia. According to a release,… Read More

May 29, 2019 @ 9:54 am By JD Alois  |  

Global crowdfunding platform OurCrowd has partnered with Finistere Ventures, along with food manufacturer Tnuva and Tempo Beverages, in a new partnership to invest $100 million in Foodtech and Agtech innovation. Finistere Ventures is a global agrifood investment firm. Tnuva is Israel’s largest food manufacturer and… Read More

May 29, 2019 @ 9:20 am By JD Alois  |  

The governments of the US and the UK held its second meeting of the US-UK Financial Regulatory Working Group in Washington, DC. The inaugural meeting of the Working Group took place in September 2018. The Working Group was formed to improve “bilateral regulatory cooperation with… Read More

May 29, 2019 @ 9:00 am By JD Alois  |  

Binance, the world’s largest cryptocurrency exchange, has formed a partnership with crypto lending platform Cred. Binance is also an investor in Cred. Cred is backed by some large investors in the crypto sector including Binance Labs, 500 Startups, Arrington XRP Capital, Blocktower and FBG Capital…. Read More

May 29, 2019 @ 8:02 am By JD Alois  |  

The International Organization of Securities Commissions (IOSCO) has launched a consultation on “crypto asset trading platforms” or “CTPs.” Crypto exchanges have launched around the world to varying degrees of regulatory compliance – depending on the jurisdiction. IOSCO is the leading international policy forum for securities… Read More

May 29, 2019 @ 7:34 am By JD Alois  |  

Nanotech firm Nanusens has closed on a crowdfunding round of €600,000 via Crowdcube. The offering was hosted via Crowdcube’s Spain facing platform. Nanusens raised approximately 3X its initial goal. The pre-money valuation was pegged at £4.9 million pounds with investors looking to purchase a 10.4%… Read More

May 28, 2019 @ 5:04 pm By Cali Haan  |  

For the past few years, cryptocurrency businesses have been flocking to Estonia, attracted by the relaxed regulatory climate the country provided as it vied to be a leader in digital banking in the Baltics. According to ERR News: “The rapidity and ease with which foreign… Read More

May 28, 2019 @ 2:02 pm By JD Alois  |  

For years, there has been a discussion regarding the initial public offering (IPO) conundrum. Back in the day, smaller investors could join alongside institutional money to capture wealth in an IPO. Today, too frequently, that is simply not the case. The big money has been… Read More

May 28, 2019 @ 7:04 am By JD Alois  |  

London based Regtech ClauseMatch has received venture debt funding from Silicon Valley Bank (SVB). The $2.5 million loan package will be used to support the company’s growth in Europe and Asia. Recently the company started operations in South East Asia based in Singapore. ClauseMatch received… Read More

May 27, 2019 @ 11:00 pm By JD Alois  |  

Bitbond, one of the very first regulated security token offerings (STOs) in Europe, is now offering an STO to Asian investors. According to a release from the company, Bitbond is raising €3.5 million in an STO to continue supporting SMEs in Asia with business loans…. Read More

May 27, 2019 @ 5:10 pm By JD Alois  |  

The Institute for Financial Services Zug IFZ at the Lucerne University of Applied Sciences and Arts has published their annual crowdfunding report and it appears that Switzerland is developing a robust online capital formation market. The author of the study is Prof. Dr. Andreas Dietrich…. Read More

May 27, 2019 @ 1:59 pm By Cali Haan  |  

Peer-to-peer Bitcoin trading service LocalBitcoins has shut down trading among users in Iran, likely in order to comply with US sanctions, Coindesk reports. Iranian LocalBitcoins customers are still allowed to withdraw bitcoins but reportedly cannot conduct new trades or update previous ones. According to reporter… Read More