Global

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

Challenger Bank Tandem Celebrates 100,000 Customers within 3 Months

Tandem now counts 100,000 Brits using the bank to spend, save, and manage their money with its competitive cashback card. According to the platform, Tandem has seen tens of thousands of app downloads, product applications, and eager savers signing up. CEO Ricky Knox’s ambition is… Read More

Russian State Official: Blockchain Tech Not Yet “Mature”

Russian business news agency Prime has reported that the First Deputy Governor of the Russian Central Bank, Olga Skorobogatova, has stated publicly that blockchain technology is still too immature to be rolled out on an industrial scale. “In the world there is still no big… Read More

Coinstreet’s Sam Lee Joins Stryking Entertainment Advisory Board in Advance of STRYKZ Token Sale

Berlin-based Stryking has signed crypto investing expert and serial entrepreneur Samson Lee, Coinstreet Partners Founder and CEO, to its advisory board. Lee will support Stryking and its upcoming STRYKZ token launch with his Asian business connections and his crypto market and business development. “We are delighted… Read More

Global Crowdfunding Platform OurCrowd Partners with UK Based Halma Partners – a Life Saving Tech Firm

Global crowdfunding platform OurCrowd has formed a new partnership with Halma, a “life-saving technology” firm, in a continuation of its strategy to collaborate with global leaders in various industry verticals. The new partnership is said to combine the strength of OurCrowd’s global network, robust online deal… Read More

President Macron Wants Europe to Offer a Governance Model for Sustainable Technology

President Macron at Viva Tech, the “French CES” The question to ask about Viva Tech, the French Tech show taking place in Paris, May 24th to 26th, is not “Who goes there?” but rather “Who doesn’t?” In its third edition, Viva Tech, launched in 2016… Read More

African Ecobank Mobile App Has Been Downloaded More than 5 Million Times

Ecobank, out of Lomé, Togo, recently received an award as being recognized as the best retail bank in Africa due to its advances in providing a digital platform for its users. The Ecobank Mobil App has now been downloaded by more than 5 million people, according… Read More

Mobile Gaming Plug & Play Market Platform Pointvoucher Quickly Nears £500,000 on Seedrs

Pointvoucher, a mobile gaming plug and play market platform, recently launched an equity crowdfunding campaign on Seedrs, seeking £500,000 in funding. Founded in 2015, Pointvoucher reported facilitates the connection between consumers and brands by giving them a reason to engage in a “fun, playful, and rewarding” way…. Read More

China: WeiyangX Fintech Review

Tsinghua PBCSF Global Finance Forum (2018) convened in Beijing On May 19, Tsinghua PBCSF Global Finance Forum (2018), which was hosted by Tsinghua University and organized jointly by the Tsinghua University PBC School of Finance (PBCSF), Tsinghua University National Institute of Financial Research (NIFR) and… Read More

P2P Lender RateSetter Has Now Topped £2.5 Billion in Loan Originations.

UK based peer to peer lending platform RateSetter has topped £2.5 billion in loan originations, according to a note from the company. The online lender provides credit to both individuals and UK SMEs. The milestone comes just as RateSetter announced that it had generated £100… Read More

Crypto Exchange Huobi Says it Intends to Make Vietnam a “Strategic Fortress”

Huobi.Pro, a cryptocurrency exchange, says it wants to make Vietnam a strategic fortress. The comments came during a keynote speech at the Blockchain Festival Vietnam. Huobi claimed an annual turnover of $850 million in 2017 – so it is pretty big. While some jurisdictions have… Read More

US Justice Department Investigating Bitcoin Price Manipulation on Exchanges

Spectacular spoofing and wash-trading practices largely regarded as par-for-the-course among veteran crypto traders are coming under the scrutiny of the US Department of Justice and its partner, the Commodity Futures Trading Commission, Bloomberg reports. This investigation is said to be particularly focussed on crypto wash… Read More

GOAL! Stryking Blockchain Plans STRYKZ GBX Token Sale & Celebrates Recent Awards

Stryking Entertainment GmbH will host its upcoming STRYKZ Token Sale Event in collaboration with the Gibraltar Blockchain Exchange (GBX). Stryking will be among the first companies to issue a token through the GBX GRID, with the token being listed on the GBX Exchange after the… Read More

RegTech Firm NorthRow Selected By UK’s Open Banking Implementation Entity to Verify International Users

NorthRow, a regtech and compliance firm, announced on Thursday it has been chosen by the UK’s Open Banking Implementation Entity (OBIE) to verify its international users. The company reported that this move follows the successful implementation of verification processes for UK users, streamlining services for… Read More

Visa Announces Strategic Investment in Mobile Payments Platform YellowPepper; Seeks to Accelerate Adoption of Mobile Payments & Tokenization in Latin America

Visa (NYSE: V) announced on Thursday it has made a strategic investment in YellowPepper, a mobile payments platform in Latin America, to help accelerate innovation in digital payment technology. Visa reported that this is the first of its kind for the credit card giant in… Read More

FCA Competition Director Chris Woolard Addresses Financial Crime & Virtual Currencies

Christopher Woolard, Executive Director of Strategy and Competition at the Financial Conduct Authority (FCA), delivered a speech today on the hot topic of cybersecurity, crime and financial services. Delivered at a “TechSprint” in London, Woolard said it was time to bring regulators and tech specialists… Read More

ChronoBank Launches LaborX, a Blockchain based Job Platform

ChronoBank has announced the launch of LaborX, a blockchain-based job platform. LaborX is described as giving job seekers and companies the tools they need to transact quickly, safely, and easily in cryptocurrency. LaborX is integrated into ChronoBank’s multi-currency wallet (ChronoMint) and crypto exchange (TimeX). LaborX… Read More

Revolut Adds XRP & Bitcoin Cash: Offering “Frictionless” Cryptocurrency Exposure to Mainstream Population

Earlier this week Digital challenger bank Revolut asked customers to help name its new and exclusive metal card. Now the maverick platform has moved again from metal to crypto: Revolut customers can buy, hold and sell two more cryptocurrencies instantly within the app. In December last year,… Read More

ADGM Signs MOU with AFSA-AIFC: Bolstering Abu Dhabi and Kazakhstan Financial Market Growth

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Astana Financial Service Authority of Astana International Financial Centre (AFSA-AIFC) have signed a Memorandum of Understanding (MoU) during the Annual Conference of the International Organisation of Securities Commissions (IOSCO) held in… Read More

Malta Government to Hold Blockchain Summit this Fall

Silvio Schembri, the Junior Minister for Financial Services, Digital Economy, and Innovation has announced the launch of the government’s first official blockchain event. The Delta Summit will become Malta’s official blockchain event as it seeks to become the blockchain island. Schembri said that the Delta… Read More

Australian Government Backs Fintech HashChing with $700,000 Loan from Jobs NSW

HashChing, a Sydney-based home loan marketplace, has just announced a $700,000 loan from Jobs NSW. Deputy Premier and Minister for Small Business John Barilaro said the NSW Government had backed the Fintech which is expected to create 46 jobs over the next five years. “Jobs for… Read More

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