Global

July 24, 2018 @ 10:49 am By Samantha Hurst  |  

Proplend, a UK based peer to peer lender in the property space, recently announced that its platform lending has surpassed 40 million. The company also noted that it also retains a maximum rating from specialist P2P lending rating agency, 4thWay. PropLend reported that 4thWay recently revised… Read More

July 24, 2018 @ 7:38 am By Erin Hobey  |  

In the last few months, MobiKwik’s CPO Rohan Khara, CBO Vineet Singh and CMO Daman Soni, resigned from the platform. This week, CRO Puneet Agarwal also called it quits. “MobiKwik is evolving to become India’s largest digital financial services platform. We are in the process of rejigging… Read More

July 24, 2018 @ 6:44 am By Erin Hobey  |  

With the hopes of becoming an institutional-grade token sale platform and digital asset exchange, Gibraltar Blockchain Exchange (GBX) officially announced its full-scale launch today. The GBX, now open to members of the public, will eventually feature fiat onboarding for customers and a number of trading pairs…. Read More

July 23, 2018 @ 1:01 pm By JD Alois  |  

  Earlier this month, CI reported about a gathering taking place in Barbados that incorporated a grouping of emerging security token firms. The goal of this meeting was to attempt and establish a standard by which securities could be offered on blockchain thus reducing sector… Read More

July 23, 2018 @ 10:33 am By JD Alois  |  

A report from the Politecnico Milano School of Management in Italy, indicates that the volume investment crowdfunding is picking up pace in Italy. In Italy, as is with the rest of Europe, crowdfunding denotes investment in both debt and equity. According to the numbers provided… Read More

July 23, 2018 @ 8:12 am By JD Alois  |  

PayU has acquired payments technology platform ZOOZ, according to a release from the firm. The deal is described as supporting PayU’s ongoing expansion into high growth markets in cross border payments. Terms of the deal were not disclosed but PayU says its total sum of… Read More

July 23, 2018 @ 7:47 am By JD Alois  |  

Blockchain startup Streamr won the Plug and Play Global Innovation Award for Performance from innovation platform STARTUP AUTOBAHN part of an event in Stuttgart last week. Streamr won for their pilot project with Hewlett Packard Enterprise (HPE), which was established to drive data monetization. Streamr’s… Read More

July 22, 2018 @ 5:03 pm By Alexander Dunaev  |  

With tech titans the most valuable companies on the planet, the notion of self-regulation is no longer appropriate or fit for purpose. Is now the time for governments to step in to protect consumers and ensure a more competitive environment? The role of the technology… Read More

July 22, 2018 @ 4:18 pm By JD Alois  |  

  A report in Ibena from last week indicates that the US government is confiscating Bitcoins held by Iranians and the confiscation is ongoing. According to Sepehr Mohammadi from the Iranian Blockchain Community, the US has seized 500 bitcoins or more. In May of this year,… Read More

July 22, 2018 @ 1:10 pm By JD Alois  |  

British Pearl, a property crowdfunding platform offering both debt and equity investments, is reporting a £7 million investment led by Lord Stanley Fink. British Pearl says the investment is indicative of a resilient property market even as Brexit looms. Lord Stanley Fink , has been engaged… Read More

July 21, 2018 @ 2:36 pm By JD Alois  |  

The Financial Stability Board (FSB) published a report on crypto-assets, including cryptocurrency and blockchain based securities, last week. The document is being presented to the G20. The document is a byproduct of the G20 meeting which took place in Buenos Aires in March. The member… Read More

July 21, 2018 @ 2:14 pm By JD Alois  |  

The emergence of cryptocurrency and initial coin offerings has helped to bring Switzerland back into the lime light when it comes to financial services. Once a noted haven for “numbered” bank accounts and strict anonymity rules, the Swiss banking industry has dimmed in recent years… Read More

July 20, 2018 @ 10:49 pm By Samantha Hurst  |  

CopPay, a multicryptocurrency payment platform for businesses, consumers, and community, announced on Friday that Samsung will be using its platform to accept cryptocurrency for three Baltic States. Those living in those areas will now be able to purchase Samsung smartphones, tablets, laptop, TV-sets, and more… Read More

July 19, 2018 @ 5:58 pm By JD Alois  |  

Binance, one of the largest cryptocurrency exchanges in the world, is backing the Malta Stock Exchange Fintech Accelerator Program. An exact amount of funding was not provided. The “MSX Fintech  Accelerator” will promote an ecosystem that supports and mentors Fintech startups including those geared towards… Read More

July 19, 2018 @ 1:00 pm By Samantha Hurst  |  

Mastercard has reportedly been granted a patent to link cryptocurrency with Fiat accounts. According to its filing, the patent was created to manage fractional reserves of blockchain currency comprising: storing, in a first central account, at least a fiat amount associated with a fiat currency.  The company reported:… Read More

July 19, 2018 @ 10:30 am By JD Alois  |  

Germany base Neufund has announced an extended partnership with Binance and the Malta Stock Exchange that is predicted to become the first “end to end primary issuance platform” for security tokens. The partnership will enable the issuance and secondary trading of blockchain based securities while… Read More

July 19, 2018 @ 10:02 am By Samantha Hurst  |  

On Wednesday, Money20/20 announced the upcoming launch of Rise Up, a program that was created in an effort to foster gender inclusivity within both the financial services and fintech industries. According to Money20/20, Rise Up is also designed to empower the next generation of female… Read More

July 19, 2018 @ 9:51 am By JD Alois  |  

In a filing with the Securities and Exchange Commission (SEC), Taiwan Semiconductor, the world’s largest dedicated semiconductor foundry, issued a statement that indicated a decline in cryptocurrency mining affiliated revenue as it backed off of expectations for later in 2018. Lora Ho, SVP and Chief… Read More

July 19, 2018 @ 8:48 am By JD Alois  |  

Raize, a peer to peer lender, became the first initial public offering out of Portugal this week since 2014. The small cap online lender IPOed at €2.00 yesterday (July 18th) having gained 1400 new shareholders. Trading on the Euronext Access exchange under ticker MLRZE shares increased the… Read More

July 19, 2018 @ 2:30 am By Erin Hobey  |  

The European Р2Р platform Robo.cash and alternative lender LLP Zaymer have expanded their partnership by delivering a new opportunity for investments in Central Asia on the platform – installment loans TezCredit with a repayment period up to 12 months and an expected interest rate up… Read More