Global

June 14, 2018 @ 10:49 am By JD Alois  |  

In a speech delivered by the President of BAFIN Felix Hufeld, Germany’s Federal Financial Supervisory Authority, addressed the topic of blockchain, Bitcoin and cryptocurrency in general. According to BAFIN’s President, blockchain is a very promising technology. But when it comes to crypto, well not so… Read More

June 14, 2018 @ 8:55 am By JD Alois  |  

A report by Beauhurst is revealing that challenger bank Redwood has raised £9.8 million as the UK digital banking market heats up. Redwood is the newest addition to the future of banking joining peers, Monzo, Starling, Revolut and more. These are the names that may… Read More

June 14, 2018 @ 2:14 am By Erin Hobey  |  

The Seedrs alum Wrisk began its second crowdfunding campaign in May — its second within a year — and is crushing it again within a few weeks. Having already raised over £954,550 on its current Seedrs convertible campaign (a mere £500K was the platform’s initial goal),… Read More

June 14, 2018 @ 1:40 am By Erin Hobey  |  

Spanish startup WOOM, a data app that empowers women to maximize chances of pregnancy, is overfunding and poised to easily surpass £400,000 on its equity crowdfunding campaign on Crowdcube. Just last week, WOOM celebrated hitting its £300K initial goal. More than 77 investors have stepped up… Read More

June 14, 2018 @ 1:04 am By Erin Hobey  |  

Mambu, the Berlin-based SaaS engine powering innovative lending and deposits, announced that business leader and academic Henning Kagermann joined its board of directors. Mambu will draw on Kagermann’s decades of executive and operational expertise to help guide the company as it increasingly attracts interest and business… Read More

June 13, 2018 @ 7:49 pm By Samantha Hurst  |  

Funding Circle has announced that a new report produced by Oxford Economics revealed that lending through its platform unlocked 45,000 jobs in the UK in 2017. Globally this number jumps to 75,000 across all four of the Funding Circle markets. Overall, Funding Circle’s platform contributed £2.4… Read More

June 13, 2018 @ 7:36 pm By Samantha Hurst  |  

ING and AXA announced on Wednesday they have formed an exclusive, long-term, multi-country bancassurance partnership to provide insurance products and related services through a central digital insurance platform. The companies reported that under this new partnership, ING will bring its digital banking experience and AXA… Read More

June 13, 2018 @ 11:29 am By Cali Haan  |  

A finance professor at the University of Texas experienced in fraud detection has alleged that a focussed campaign to inflate the price of Bitcoin and other cryptocurrencies occurred on the Bitfinex exchange last year, the New York Times reports. Professor John Griffin and grad student… Read More

June 13, 2018 @ 9:34 am By JD Alois  |  

There is an element of irony that Switzerland is one of the most cryptocurrency focused and forward thinking countries in the world, yet it remains a challenge for blockchain based companies to establish a bank account in the Alpine nation. This week, that changed as Hypothekarbank… Read More

June 12, 2018 @ 12:01 pm By Cali Haan  |  

The Guardian Newspaper has reported that Brittany Kaiser, a director at Cambridge Analytica, a data firm tied to election interference across the globe, told friends that she visited Julian Assange at the Ecuadorian embassy in February 2017 to discuss the outcome of the 2016 US… Read More

June 12, 2018 @ 11:31 am By Erin Hobey  |  

Lending Express, an AI-powered marketplace for business loans, has opened a new Silicon Valley office in San Mateo, as well as the appointment of Moshe Kazimirsky to VP of Strategic Partnerships and Business Development to support the West Coast team. The announcement comes on the… Read More

June 12, 2018 @ 8:50 am By JD Alois  |  

  Just as North America is drawing a line in the sand, drawing a hard line that defines just about all initial coin offerings as securities, France appears to be heading in a different direction. Organized by the Autorités Des Marchés Financiers (AMF), France launched a consultation… Read More

June 12, 2018 @ 8:30 am By Erin Hobey  |  

The in-space propulsion market is reportedly valued currently $9.2B and growing 22% annually. Tesseract, a higher-performance, cheaper propulsion systems for satellites, avers that we are on the cusp of a massive satellite market that will bring Internet access to every corner of the world, vastly expand… Read More

June 12, 2018 @ 8:03 am By JD Alois  |  

Lithuania has published a set of guidelines seeking to provide greater clarity for cryptocurrencies and initial coin offerings (ICOs). Vilius Šapoka, the Lithuanian Minister of Finance, wrote that his country has seen an ” explosion of ICOs and blockchain based projects.” This explosion has created… Read More

June 12, 2018 @ 6:09 am By Erin Hobey  |  

The London-based fintech platform Opal Transfer is celebrating its 15 year anniversary with launch of new app offering ‘one click payments.’  Having reportedly transferred over £1.5 billion across Europe, Opal’s new app aims to give users access to one click payments making transfers quicker and easier. Currently Opal… Read More

June 12, 2018 @ 4:00 am By JD Alois  |  

With Brexit top of mind, online mortgage lender LendInvest has become a fellow of the Luxembourg House of Financial Technology (LHoFT), the country’s leading Fintech innovation hub. LendInvest has had a presence in Luxembourg since 2014 when it established a Luxembourg fund. Now LendInvest will… Read More

June 11, 2018 @ 8:51 pm By Samantha Hurst  |  

On Monday, global fintech InvestCloud announced it has acquired London-based rplan Limited for $20 million. According to InvestCloud, rplan is a provider of client engagement technology to support investment propositions for web and mobile. The company’s client base includes four of the top eight UK… Read More

June 11, 2018 @ 7:22 am By JD Alois  |  

EOS, by Block.one, is one of the most anticipated and hyped blockchain ecosystems yet. The initial coin offering (ICO) raised $4 billion. Recently, the EOS team announced their platform was ready for launch. But as part of the validation process, 15% of the tokens must… Read More

June 10, 2018 @ 11:41 am By JD Alois  |  

SingularityNET, a company seeking to create a blockchain based marketplace for artificial intelligence (AI) solutions, has had its cryptocurrency listed on the Binance exchange. The “AGI” Token powers the SingularityNET platform with the goal of making access to AI algorithms more open and democratic. The listing… Read More

June 8, 2018 @ 5:15 pm By JD Alois  |  

Fintech Unicorn, TransferWise, has announced the launch of its money transfer services in Argentina. Argentinians will now be able to move money from more to and from over 60 countries. TransferWise said it will operate in Argentina in partnership with Nubi, a Fintech company associated with… Read More