Global

November 1, 2018 @ 12:14 pm By JD Alois  |  

Having completed the 7th largest initial coin offering (ICO) of all time at $117 million, PumaPay has recently announced that its 2.0 version of their PullPayment Protocol solution is on Mainnet. PumaPay provides an open source “free-of-charge blockchain-based protocol” that decentralizes the transaction process. The protocol… Read More

November 1, 2018 @ 11:14 am By Cali Haan  |  

A judge at the Seoul Central District Court has ordered one of South Korea’s largest banks, Nonghyup, to restore services to the Coinis cryptocurrency exchange, 8BTC reports. The showdown reportedly began in September when Nonghyup announced it would no longer process deposits and withdrawals on behalf… Read More

November 1, 2018 @ 9:06 am By JD Alois  |  

Investment crowdfunding platform Invesdor has won the regional Fintech category of the Nordic Startup Awards which were held in Copenhagen this week. The competition saw over 2500 nominees. The Finland based company competed against finalists from Sweden, Denmark, Norway and Iceland in a combination of… Read More

November 1, 2018 @ 7:41 am By JD Alois  |  

The Luxembourg House of Fintech (LHoFT) is launching a new initiative which focuses on Fintech companies in Africa seeking to boost financial inclusion. “Catapult – Inclusion Africa” is described as a Fintech tool to provide access to financial services to the under banked or those… Read More

November 1, 2018 @ 3:28 am By Erin Hobey  |  

The Dutch payments platform Adyen (AMS: ADYEN) has now expanded its platform’s reach into Canada. In addition, Adyen also announced that four new customers — Dollar Shave Club, Adidas, Busbud and Canada Goose — have selected Adyen as their payments processor in Canada. Key Ayden clients include Facebook,… Read More

October 31, 2018 @ 11:26 pm By JD Alois  |  

An actively managed cryptocurrency solution has been launched by deVere Group. The company has founded the deVere Digital Asset Funds, a suite of digital currency solutions for experienced investors, in association with Dalma Capital Management Limited, a hedge fund manager in the Dubai International Financial Centre…. Read More

October 31, 2018 @ 3:39 pm By Samantha Hurst  |  

Western Union announced on Wednesday it has partnered with online retailing giant Amazon to launch a new payment option that will allow international shoppers to pay in person, in local currency where available, for their online purchases.  According to the duo, Western Union’s money movement platform… Read More

October 31, 2018 @ 3:31 pm By Collins Brown  |  

A lot of people think of their cryptocurrency wallet as merely a digitized version of a real wallet that is used for storing funds. However, it doesn’t actually store cryptocurrencies. Rather, it saves a pair of public and private keys that grant access to one’s digital belongings. In a nutshell, a public key is a… Read More

October 31, 2018 @ 10:11 am By Cali Haan  |  

Banco do Brasil and Banco Santander have been ordered by a Federal District and Territorial Court (TJDFT) judge in Brazil to restore banking services to the Bitcoin Max cryptocurrency exchange- or pay fines, Portal do Bitcoin reports. According to Bitcoin Max lawyer Leonardo Ranna, all bank… Read More

October 31, 2018 @ 8:02 am By JD Alois  |  

Modulus, a US based firm that provides financial services software / hardware, and Quantex, a regulatory compliant digital asset exchange, have jointly announced a partnership to bring blockchain enabled financial services products to institutional customers. As part of the joint venture, the companies will launch… Read More

October 31, 2018 @ 7:43 am By JD Alois  |  

Online lender iwoca is reporting that it has successfully released Open Banking for all new customers with a Lloyds Bank account. iwoca says it is the first ever business lender to connect with any of the UK’s nine largest banks under the Open Banking initiative,… Read More

October 31, 2018 @ 7:30 am By Therese Torris  |  

The news was leaked last week. Now it’s official. From its Paris headquarters, Olivier Goy, founder and CEO, announced that the European lending marketplace formerly known as Lendix is changing its name into October. With this name change the company reasserts its ambition to expand… Read More

October 30, 2018 @ 11:10 pm By JD Alois  |  

Speedy blockchain #MetaHash is hooking up with fast car maker Lamborghini via the Automoviles Lamborghini Latinoamerica, in a match made in crypto heaven. According to #MetaHash, Lamborghini has selected the Switzerland-based blockchain company for a number of projects including a self-branded token on the #MetaHash… Read More

October 30, 2018 @ 9:23 am By Leyla Mammadova  |  

Modern card issuing platform Marqeta announced its expansion into European market. In cooperation with its strategic partner Visa, Marqeta is now issuing cards and transacting in Europe. Marqeta has also opened a new office in London. With this launch, European payment innovators will now have… Read More

October 30, 2018 @ 9:12 am By JD Alois  |  

As one would expect, yesterday’s Autumn Budget announcement delivered something for everyone. With Brexit getting closer, the UK Government is in “all-hands” mode seeking to boost the economy in preparation for the European divorce. Chancellor of the Exchequer Philip Hammond stated: “We are at a… Read More

October 30, 2018 @ 8:11 am By Erin Hobey  |  

HM Government of Gibraltar has launched of the Gibraltar Association for New Technologies (GANT), a trade association that aims to drive forward Gibraltar’s innovative approach to Distributed Ledger Technology (DLT). The association seeks to establish formal lines of communication between policy makers and the private… Read More

October 30, 2018 @ 7:38 am By Erin Hobey  |  

Portag3 Ventures posted its initial closing of Portag3 Ventures II LP (“Fund II”), its second fintech venture fund focused on early stage investments in the global financial technology sector. “Portag3 Ventures is uniquely positioned as one of the few platforms dedicated exclusively to fintech on… Read More

October 30, 2018 @ 5:00 am By JD Alois  |  

Insurtech omni:us has closed on a new funding round. The specific details of the funding were not reported but omni:us said that total funding to date now stands at $22.5 million. Crunchbase reports a seed round in 2016 of €4.2 million. The investment was led by… Read More

October 30, 2018 @ 4:00 am By JD Alois  |  

GTR Ventures, an investment company that specializes in trade and supply chain, has announced an investment in Orbitt – an African focused Fintech deals platform. This is GTR’s first Africa focused investment. Orbitt is based in London with operations in Mauritius and a user-base across 28… Read More

October 30, 2018 @ 3:59 am By Erin Hobey  |  

‘Tis the Halloween season… Luxembourg-based Tokeny and Mash have partnered to launch €50 million STO. Mash Group PLC, a FinTech50 business specializing in consumer lending and pay later solutions, has partnered with Tokeny to support its Security Token Offering as part of its €50M equity round. “As we… Read More