Global

We find Fintech news from around the world and share it with you here.

Coinbase Caters to the Brits as British Pounds to BTC, ETH & More Now Available in the UK

Coinbase users in the UK can now swap British Pounds (GBP) for crypto, according to Coinbase UK CEO Zeeshan Feroz.  This applies to Coinbase Pro users and Coinbase Prime (institutions) customers as well, thus enabling faster payments with same day deposits and withdrawals from Coinbase… Read More

Bpifrance Wants to Help the French Initial Coin Offering Ecosystem

Bpifrance, a French public investment bank, is looking to support initial coin offerings. According to a report in Les Echos, the leading French business newspaper, Bpifrance wants to be ready to support “cryptomonnaies” before the Pact law goes into effect. It was announced earlier this… Read More

Brazilian Utility EDP Implements Blockchain for Distributed Electricity Generation

Energias de Portugal (EDP), a leading company in the Brazilian electric production sector, has become the first in the market to use blockchain technology for the measurement and recording of energy consumption and distributed generation coming from its consumers. While blockchain, or distributed ledger technology… Read More

Digital Bank: Zopa Raises £44 Million to Help Fuel Expansion, “Launching Our Bank is a Key Next Step”

Zopa has raised additional money in a new funding round. The peer to peer lending announced a raise of £44 million to help pay for its expansion and push into new services. Zopa will use the latest round of investment towards the capital needs for the… Read More

Fintech Raisin Partners with Starling Bank

Raisin UK, a successful European Fintech that provides a marketplace for consumers to earn more money on their savings, has partnered with digital challenger bank Starling Bank. According to Raisin, under a strategic partnership between the two companies, all new customers of Raisin UK will… Read More

Japan: Enterprise Software Company Infoteria Partners with Fast Blockchain Zilliqa

Infoteria Corporation, an enterprise software company in Japan (Listed on TSE Sec.1: 3853) and Zilliqa have formed a partnership with Infoteria will enable corporate use of the fast blockchain. Zilliqa is one of a handful of companies seeking to address current shortcomings in distributed ledger… Read More

Malta based Crypto Exchange BitBay forms Partnership with Neufund

Neufund Flags

Neufund has inked another partnership agreement. This time the equity token offering platform has hooked up with Malta-based BitBay – said to be the third largest European cryptocurrency exchange in operation. Neufund continues to add secondary trading agreements and strategic partners to their growing blockchain… Read More

Brazilian Court Temporarily Restores One of Four Walltime Crypto Exchange Accounts Closed by Banks

Operators of the Walltime cryptocurrency exchange in Brazil have won a preliminary injunction forcing Caixa Economia Federal (bank) to restore Walltime’s access to its account, Portal Do Bitcoin reports. According to Walltime lawyer Graziela Brandão, Caixa Economia Federal shuttered the Walltime account without notice or… Read More

The Stuttgart Stock Exchange Pushes into Digital Assets, will Support Initial Coin Offerings & Trading in Cryptocurrency

The Stuttgart Stock Exchange (Gruppe Börse Stuttgart) has announced it is launching infrastructure necessary to trade and manage digital assets including the trading in cryptocurrencies, an initial coin offering platform, custody and wallet. Following the launch of cryptocurrency trading via BISON, a platform for ICOs,… Read More

Cierzo Brewing Company Overfunding & Feeling Hoppy on Crowdcube Spain

Cierzo Brewing Co., the joint project of 4 artisanal beer companies in Aragon, has partnered with Crowdcube Spain to raise funds in oder to create grow its brand nationally in Spain and then internationally.  Funding will be used for the construction of a Cierzo’s second… Read More

Crowdcube Says £47.4 Million Raised in Q2 is Best Quarter Ever

Investment crowdfunding platform Crowdcube is reporting strong numbers for Q2. According to the platform, 58 businesses raised £47.4 million during the quarter. In aggregate since platform launch in 2011, Crowdcube says that £490 million has been invested via their platform. Providing additional insight into their… Read More

Crowdcube Touts 19X Returns Generated by Early Investors in Revolut

Revolut is a Fintech unicorn and a prominent digital only challenger bank with global aspirations. In July, Revolut announced it had signed up 1 million UK customers and were adding new business accounts at a pace of around 120 a day. Revolut founder and CEO… Read More

WorldFirst: UK SMEs Still Positive After All the Brexit Fears

Even while the parliamentary Brexit soap opera continues and elected officials debate the optimal strategy to cut the best deal with Brussels, UK SMEs remain resolute in their focus to move onward and upward whether they are are part of the EU or not. This… Read More

UK MP Resigns as Crypto Advisor After Media Reveals He Was Being Paid

A Conservative UK member of parliament appears to have abruptly resigned from two crypto-related advisory positions after the Financial Times revealed he was by being secretly paid in crypto for his services. Up until yesterday, Grant Shapps, MP, was not only an advisor to an ICO… Read More

Downing Crowd: £1.2 Million Raised for Wind Project

Downing Crowd has successfully raised £1.2 million in a bond offering to fund a small-scale wind turbine site in Scotland, owned and operated by C&G Renewables Limited. The £1.2 million raise will support the day-to-day operation of the wind turbines. Investors that backed the project will… Read More

Crowd2Fund Incorporates AI to Minimize Loan Defaults in Partnership with InDebted

UK based Crowd2Fund, a peer-to-peer crowdfunding platforms, has added artificial technology (AI) to its platform to help mitigate loan default risk, according to a note from the company. Earlier this year, Crowd2Fund began working with InDebted, an Australia-based Fintech company to provide advanced collection strategies… Read More

Rial’s Sharp Drop Over Weekend Boosts Demand for Bitcoin in Iran

The rial traded at historic lows this weekend in Iranian black markets as financial problems made worse by US sanctions continue to take a toll on the country. According to the Arab Times, Iran’s national currency traded at 116 000-to one US dollar Saturday before… Read More

Overstock Subsidiary Medici Land Signs MOU with Zambia for Blockchain based Land Management

Medici Land Governance, a subsidiary of Overstock (NASDAQ:OSTK) has signed a Memorandum of Understanding (MOU) with the government of Zambia. The agreement is for Medici to provide a land governance program that collects and secures property ownership information using blockchain. The MOU was signed by Trevor Kaunda,… Read More

Big Series A Round for Real Estate Fintech Skyline AI, Plans Expansion into Other Asset Classes

Skyline AI, a tech based real estate investment firm using proprietary artificial intelligence (AI) and data science, has raised $18 Million in a Series A Round. The funding was led by big name VCs such as Sequoia Capital and TLV Partners. Additional participation  came from… Read More

Dash & ASU Blockchain Research Lab Discuss New Research on Scaling Solutions

When discussing key issues facing crypto and blockchain and other Nakamoto networks, the possibility and ability of scaling these networks has been the primary concern and focus. Dash, a digital currency for payments and e-commerce, partnered with the Arizona State University Blockchain Research Lab to explore… Read More

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