Global

January 25, 2019 @ 7:44 am By JD Alois  |  

Syndicate Room’s bespoke investment fund for early-stage UK firms is accepting investors once again. The only HMRC approved EIS fund, investors can easily participate in the performance of an approximate basket of 28 different companies. Investing in early-stage businesses is very risky. Many, if not… Read More

January 25, 2019 @ 2:19 am By JD Alois  |  

The government of Ireland is showing their support for the emerging blockchain technology sector by hosting a hackathon called Blockathon Ireland. Hosted by the Department of Public Expenditure and Reform in association with The Department of Finance, the hackathon seeks to highlight real-life use-cases of Distributed… Read More

January 24, 2019 @ 5:31 pm By JD Alois  |  

Neufund, a security token offering platform, completed its first issuance of digital securities in their parent company, Fifth Force GmbH, company last month. The purchased tokens will be minted for shareholders on February 12, if everything goes as planned. The equity token raised an equivalent of €3… Read More

January 24, 2019 @ 1:12 pm By JD Alois  |  

Investment crowdfunding platform Crowd2Fund has launched their third equity offering providing outside investors the opportunity to own shares in the company. Crowd2Fund says it hopes to grow its private ownership base from 121 high net worth individuals to 450. According to the campaign page, Crowd2Fund… Read More

January 24, 2019 @ 8:41 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has shut down a security token offering (STO) for a “regulatory breach.” MAS said the issuer in question failed to comply with advertising restrictions. Specifically, the STOs legal advisors promoted the offering on LinkedIn calling attention to the offering…. Read More

January 24, 2019 @ 8:00 am By Therese Torris  |  

French SME crowdlending platform Credit.fr has announced the acquisition of Homunity, a real estate crowdlending platform. The acquisition is a welcome move in a fragmented marketplace. The acquisition of Homunity, France’s leading independent real estate crowdfunding platform, enables Credit.fr to strengthen its position in the… Read More

January 24, 2019 @ 7:55 am By JD Alois  |  

Peer to peer lender Albrate is raising growth capital on Crowdcube. The asset backed online lender recently opened up the offer privately raising just shy of £100,000 from 58 individual investors. Albrate has a crowdfunding target of £350,000. Ablrate is a peer to peer lender… Read More

January 24, 2019 @ 3:51 am By Erin Hobey  |  

Yesterday the Israeli tech company Lending Express, celebrated surpassing $100 million in financing facilitated between small and medium business owners and online lenders and obtaining state permission to open for business in California. The lending platform, led by CEO & Co-Founder Eden Amirav, is poised for further growth… Read More

January 23, 2019 @ 10:07 pm By JD Alois  |  

In commemoration of Davos 2019, Globcoin is launching a stablecoin backed with the top 15 global currencies, weighted by their GDP and adjusted for purchasing power parity, and gold. The GLX coin is claimed to be the most stable means of payment as it is… Read More

January 23, 2019 @ 2:54 pm By JD Alois  |  

The European Crowdfunding Network (ECN) has announced the creation of a new group entitled the ECN-Italian Strategic Group (ECN-ISG). The ECN is the leading pan-European voice for investment crowdfunding. The objective of the ECN-ISG Working Group is to foster a more robust culture of crowdfunding in… Read More

January 23, 2019 @ 2:36 pm By Cali Haan  |  

Following a meeting of The Executive Committee of the Saudi-Emirati Coordination Council, the UAE and Saudi Arabia have announced plans to collaborate on a “joint pilot cryptocurrency” for possible use in cross border banking, Emerati state news agency WAM reports. The initiative is one of seven… Read More

January 23, 2019 @ 1:13 pm By Cali Haan  |  

Spain’s finance regulator, The Comision Nacional del Mercado de Valores (CNMV), has blacklisted a purported crypto and Forex brokerage called FX Trading corporation after the CNMV determined the company was facilitating “asset” trades for Spanish investors without being licensed to do so in the country,… Read More

January 23, 2019 @ 11:12 am By JD Alois  |  

The Gibraltar Blockchain Exchange (GBX), a regulated token issuance and digital asset exchange, has announced the addition of TRON (TRX) to its Digital Asset Exchange (GBX-DAX). GBX says that TRON has been brought to the GBX-DAX by sponsor firm StratX. The new listing follows the… Read More

January 23, 2019 @ 10:44 am By JD Alois  |  

Finland based peer to peer lender Fellow Finance is now operating in Denmark. The company says it will offer Danish consumers access to credit while Fellow Finance investors will be able to fund Danish loans. Currently, Fellow Finance provides consumer loans in Finland, Germany, Poland, and… Read More

January 23, 2019 @ 10:26 am By JD Alois  |  

Last week RateSetter reported over £3 billion in online lending. Today, RateSetter says more than 75,000 people have invested on the P2P Platform. RateSette reports that investors have earned returns of £120 million with an average interest rate of 4.4% per year since RateSetter launched in 2010. Mario… Read More

January 23, 2019 @ 10:05 am By JD Alois  |  

Stripe has formed a partnership with leading online SME lender Funding Circle  (LSE:FCH). According to a release, Funding Circle is now a “verified extension partner” thus allowing the lender access to Stripe user data to assess the creditworthiness of the business. Funding Circle will provide… Read More

January 23, 2019 @ 9:00 am By Erin Hobey  |  

Lending Express, an Israeli tech company dedicated to creating a better world of funding for SMBs, has surpassed $100 million in financing facilitated between small and medium business owners and online lenders. Lending Express also obtained state permission to open for business in California. The… Read More

January 23, 2019 @ 8:55 am By JD Alois  |  

Leading investment crowdfunding platform OurCrowd is jumping into the hot cannabis sector. OurCrowd has launched a $30 million cannabis tech fund called 7thirty Opportunity Fund. OurCrowd said it will build the “world’s leading global cannabis technology venture capital fund.” The new fund is said to… Read More

January 23, 2019 @ 8:16 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) issued a consultation today on the emerging “cryptoasset” sector of finance.  The UK is well known for its thoughtful regulatory approach when it comes to innovative new financial services and the final outcome will be watched with interest around… Read More

January 23, 2019 @ 8:11 am By Samantha Hurst  |  

Global Payables Platform Tipalti announced on Tuesday it enabled automated publisher payments for ad test customers, which includes AppMonet, StackCommerce, and mobileFUSED. Founded in 2010, Tipalti claims it is the only supplier payments automation solution to streamline all phases of the AP and payment management workflow in one… Read More