Global

June 19, 2018 @ 6:35 am By JD Alois  |  

Digital bank Penta has launched a new feature entitled “Team Access,” where founders and co-workers may better manage expenses. Services similar to this are frequently found in large enterprise software programs or may be leveraged as a separate service. Penta is seeking to differentiate itself… Read More

June 19, 2018 @ 4:24 am By Erin Hobey  |  

With nine days remaining on its Crowdcube campaign, Feedr delivers success on its now overfunding equity crowdfunding campaign. Pre-valued at £2,800,000, Feedr, a London-based catering marketplace connecting offices with the best artisan eateries, will use funding to continue disrupting the corporate catering and the food-delivery industries with… Read More

June 19, 2018 @ 3:41 am By Erin Hobey  |  

Sentinel Protocol, a crowdsourced threat intelligence platform built on the blockchain, has not only signed a partnership with Bibox Exchange but announced a $27M funding windfall. Bibox has agreed to deploy Sentinel Protocol platform to protect its users but list Sentinel Protocol’s UPP token. “Exchanges are… Read More

June 18, 2018 @ 7:23 pm By JD Alois  |  

The Bank of International Settlements (BIS) is out with a report on cryptocurrencies that hammers the new technology. Created in 1930, a time of profound economic uncertainty, BIS serves central banks by promoting financial stability and cooperation. The BIS is actually owned by 60 central banks,… Read More

June 18, 2018 @ 12:24 pm By JD Alois  |  

The European Crowdfunding Network (ECN) is the leading independent advocate for Fintech innovation, including crowdfunding, in Europe. The ECN has earned a reputation of engaging with a broad group of industry participants, thought leaders and public officials to help guide the evolution of new forms… Read More

June 18, 2018 @ 10:44 am By JD Alois  |  

Ranger Direct Lending Fund is preparing to wind down operations due to struggling returns and a dust up with a large shareholder. In an announcement today, Christopher Waldron, Chairman, and Director Matthew Mulford have both confirmed that they will resign immediately, both citing the fact the… Read More

June 18, 2018 @ 10:11 am By JD Alois  |  

Crypto Finance has received regulatory approval from Swiss regulators. The Swiss Financial Market Supervisory Authority (FINMA) has reportedly given its seal of approval for the Crypto Fund AG – the first in Switzerland. The creation of the Fund was announced earlier this year. It is a… Read More

June 18, 2018 @ 7:59 am By JD Alois  |  

  A report in the FT is pointing to the fact that cryptocurrency / blockchain hedge fund returns have dropped dramatically in recent month as volatile markets impacted the price of Bitcoin and other alt coins. Bitcoin began the year trading far higher. On January… Read More

June 17, 2018 @ 2:05 pm By JD Alois  |  

In April of this year, the Reserve Bank of India (RBI) commented on the status of cryptocurrencies. The RBI stated “we have decided to ring fence the RBI regulated entities from the risk of dealing with entities associated with virtual currencies. They are required to… Read More

June 17, 2018 @ 1:39 pm By JD Alois  |  

German Fantasy Sports company Stryking Entertainment is rewarding people with STRYKZ tokens for predicting the right scores of a variety of World Cup games.  All fans have to do is to join the STRYKZ telegram group and post their predictions ahead of selected games. The winner will… Read More

June 16, 2018 @ 2:50 pm By JD Alois  |  

Neoen, an independent green energy producer, and WiSEED, a European crowdfunding platform, have  inked an agreement to partner on funding of renewable energy projects in France. The very first offering is to raise money for a solar energy project located at a former coal mining… Read More

June 16, 2018 @ 1:14 pm By JD Alois  |  

UK Finance’s most recent report indicates that the number of new loans to UK SMEs increased slightly in the first quarter of 2018. There were 73,971 new loan approvals to SMEs across the UK in Q1 versus 72,272 in Q1 of 2017. A report by UK… Read More

June 15, 2018 @ 3:20 pm By Ritam Gandhi  |  

Across the UK, there were 589,000 new businesses launched in 2017 – that’s more than 1,600 every day, or 67 each hour. It’s a remarkable statistic that illustrates how there is an insatiable appetite among large portions of the British public to move away from… Read More

June 15, 2018 @ 1:00 pm By Samantha Hurst  |  

With its equity crowdfunding campaign on Crowdcube set to close next Friday, Notes, a growing coffee shop and wine bar concept, has successfully surpassed £1 million thanks to more than 700 investors. The funding round, which was launched three years after Notes raised £908,400 through… Read More

June 15, 2018 @ 12:25 pm By JD Alois  |  

Cryptocurrency lottery CryptoMillionsLotto has announced its pre-sale ICO to commence on Monday (June 8). The offering is being made available to US investors using Reg D 506c. Creators are promoting CML just like any other lottery as participants get to have a chance at a… Read More

June 15, 2018 @ 11:27 am By JD Alois  |  

Fintech is gaining another boost today as the UK International Trade Secretary Dr. Liam Fox, MP, has launched a new Fintech investment drive. The UK is a leading Fintech hub. The fact the UK government has been very supportive of Fintech innovation is one of… Read More

June 15, 2018 @ 9:40 am By JD Alois  |  

Alior Bank has announced a “pan-European collaboration” with Raisin, solarisBank and Mastercard. The four separate companies are seeking to create a new financial platform based on an open API model. This new model hopes to enable their clients “to benefit from truly open banking.” According… Read More

June 15, 2018 @ 7:53 am By JD Alois  |  

UK based peer-to-peer lender RateSetter is reporting that subscriptions to its IFISA have surpassed £100 million. This milestone took four months to reach and, according to RateSetter, faster than any other P2P lender. To date, RateSetter has originated over £2.5 billion in online loans to… Read More

June 15, 2018 @ 7:42 am By JD Alois  |  

FinTech Australia is in the midst of a transition. Just as the Fintech industry continues to shift and change direction, Australia’s leading Fintech advocacy group adjusts and adds new names to its leadership. According to the group, the new board of directors will take shape… Read More

June 14, 2018 @ 5:39 pm By JD Alois  |  

Lendingblock has partnered with Octagon Strategy Limited a global digital asset brokerage firm. The collaboration is described as Octagon Strategy joining Lendingblock Institutional Advisory Group to trial and launch the platform’s real-time exchange for fully collateralized, cross-chain borrowing and lending of cryptocurrency assets. This is… Read More