Global

November 28, 2018 @ 8:43 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) is out with their 3rd Asia Pacific Region Alternative Finance Industry Report. According to CCAF, the alternative finance sector in the Asia Pacific (APAC) region increased to $358 billion in 2017 but overall growth has slowed. As in previous… Read More

November 27, 2018 @ 1:13 pm By JD Alois  |  

Neufund, a full stack security token issuance platform, has announced the details of the forthcoming “equity token offering” (ETO) for their parent company Fifth Force Gmbh (token symbol FTH).  Announced last week, Neufund is poised to become the first European issuer to offer shares on… Read More

November 27, 2018 @ 9:36 am By Cali Haan  |  

Bulgarian police have arrested and charged 3 people accused of stealing $5 million in cryptocurrencies, Reuters reports. The arrests were announced Monday by officials from the Bulgarian Ministry of the Interior and local prosecutors. Police seized $3 million in cryptocurrency at the scene as well… Read More

November 27, 2018 @ 9:23 am By JD Alois  |  

Online lender October (formerly Lendix) has launched in the Netherlands. Alongside this expansion, the Paris based October is providing SME financing in France, Spain, and Italy. According to a note from October, SMEs may apply for loans ranging from €30,000 and up to €3.5 million. The marketplace… Read More

November 27, 2018 @ 8:29 am By Erin Hobey  |  

The Oamaru based New Zealand Whisky Collection has surpassed its equity PledgeMe crowdfunding campaign goal of NZ$500,000 last Wednesday from 212 investors. New Zealand Whisky has now extended its equity crowdfunding campaign until 17 December to meet investor demand; just over NZ$565,300 has been secured at this… Read More

November 27, 2018 @ 7:57 am By Erin Hobey  |  

Last month TransferGo launched its crowdfunding campaign to give its customers an opportunity to be a part of the fintecher’s journey: “We received a lot of organic demand for [crowdfunding] and this is the perfect timing,” TransferGo Founder and CEO Daumantas Dvilinskas shared with Crowdfund Insider… Read More

November 27, 2018 @ 7:21 am By Erin Hobey  |  

Business finance marketplace Funding Options will soon be part of Starling Bank’s in-app marketplace for small businesses. Funding Options helps small businesses source alternative funding options from as little as £1,000 up to £10 million. “We are excited that through this partnership we will be able to offer small businesses the efficiency, flexibility, support and security to help… Read More

November 26, 2018 @ 10:36 pm By JD Alois  |  

Almost immediately after revealing a $12.75 million funding round, Securitize has formed a partnership with Elevated Returns to boost their real estate tokenization program in Southeast Asia. Securitize is a token compliance platform and protocol for issuing and managing digital securities on the blockchain. Elevated Returns… Read More

November 26, 2018 @ 10:23 pm By JD Alois  |  

Australia based Birchal believes that equity crowdfunding may be the “silver bullet” for SMEs turned away by traditional banks. Pointing to a recent note from the Australian Small Business Finance Advisory Panel that many small businesses find it challenging to access finance, Birchal believes Fintech… Read More

November 26, 2018 @ 6:30 pm By Christian Hsieh  |  

At the tail end of 2017, all eyes turned to the cryptocurrency industry when Bitcoin’s price soared to reach nearly $20,000 per coin. Articles were written, hands were shaken, and early investors in the digital currency had a very good holiday season indeed. But that… Read More

November 26, 2018 @ 2:00 pm By JD Alois  |  

Wealth Migrate, a real estate crowdfunding platform, has announced it’s intent to move from its South African roots to set up shop in the Capitol of Fintech – London, once all regulatory hurdles are cleared. In a release, Wealth Migrate expressed its opinion that the… Read More

November 26, 2018 @ 9:20 am By JD Alois  |  

Securities lending platform for digital assets Lendingblock has issued a statement indicating that the Gibraltar Financial Services Commission (GFSC) has made an in-principle decision to grant the firm authorization as a Distributed Ledger Technology (DLT) provider. Lendingblock adds that it continues to work closely with the GFSC… Read More

November 26, 2018 @ 7:19 am By JD Alois  |  

The UK Competition and Markets Authority (CMA) has issued a statement on the PayPal acquisition of iZettle – an event that was announced in early 2018 and closed in September. PayPal purchased Sweden based iZettle for $2.2 billion as the company seeks to gain access… Read More

November 25, 2018 @ 6:18 pm By JD Alois  |  

Alexander Vinnik, the alleged former BTC-e crypto exchange operator, is going to stop eating according to a report in RIA Novosti. Vinnik was arrested in Greece while on vacation in 2017 at the behest of the US Justice Department.  Vinnick has allegedly committed money laundering… Read More

November 25, 2018 @ 5:31 pm By Therese Torris  |  

While the price of bitcoin and most cryptocurrencies is experiencing one of its frequents crashes, the French government and the French regulators are steadfastly working hand in hand to make France a cryptoasset-friendly country. After tackling the issue of initial coin offering (ICO) regulation and… Read More

November 25, 2018 @ 7:52 am By JD Alois  |  

Speaking last week at the Regulation of Cryptocurrencies event in London, Christopher Woolard, Executive Director of Strategy and Competition at the Financial Conduct Authority (FCA), outlined his agencies view of crypto assets and provided insight into possible regulation. Woolard defined digital assets or cryptocurrencies as falling under… Read More

November 24, 2018 @ 12:46 pm By Cali Haan  |  

A 19-year-old Israeli man with dual citizenship in the US has been sentenced in Tel Aviv to 10 years in prison for making and selling bomb and shooting attack threats against 2000 schools, hospitals, malls, airports, airlines, police stations, and Jewish community centres in the… Read More

November 24, 2018 @ 10:03 am By JD Alois  |  

Uniti, perhaps the most interesting electric car company raising money via crowdfunding, has opened their offering on Crowdcube for early registrants. According to the offering page, Uniti is looking for £1 million at a pre-money valuation of £97 million. The page indicates that 169 investors… Read More

November 24, 2018 @ 9:47 am By Cali Haan  |  

A class action suit against the world’s largest cryptocurrency mining equipment maker and cryptomining conglomerate, Bitmain, has been filed in Northern California. The suit will test rumours circulating in crypto circles for some time that allege Bitmain used customers’ newly-purchased machines to mine crypto at… Read More

November 24, 2018 @ 9:32 am By Xu Gao  |  

Ping An Invests $47 million in Berlin-based Fintech Startup Finleap On November 20th, Ping An, one of China’s largest financial groups, announced its first entry into the European market. The Ping An Insurance Group’s Global Voyager Investment Fund led a €41.5 million ($47 million) investment… Read More