Global

May 15, 2018 @ 7:08 am By JD Alois  |  

UK Peer-to-peer lending platform RateSetter has topped the milestone of returning £100 million in pre-tax interest payments to its investors. RateSetter reports accomplishing this without any individual investor losing a penny. Launched in October 2010, RateSetter now claims over 500,000 customers. From the investing side, more than… Read More

May 14, 2018 @ 5:48 am By JD Alois  |  

Kapital Boost, a Sharia based peer to peer platform, and Global Entrepreneur Professional (or Genpro), have announced a new partnership to support the development of SMEs in Indonesia. The collaboration will see Kapital Boost providing funding to Genpro’s members who qualify and demonstrate strong growth… Read More

May 14, 2018 @ 5:38 am By JD Alois  |  

Latvian Fintech Mintos is reporting a profit in its brief three year old history. According to the company, the global online marketplace for loans has seen their revenue increase more than four-fold in 2017 to € 2.1 million generating a net profit for the year of €… Read More

May 14, 2018 @ 2:00 am By JD Alois  |  

Banco BNI Europa, a digital challenger bank based in Portugal, has partnered with Lendrock in Spain to provide financing to consumers looking to buy a car. Banco BNI said it will invest up to €15 million on this online financing platform that specializes in near… Read More

May 13, 2018 @ 4:43 pm By JD Alois  |  

Bloomberg is out with a report that some wealthy investors are “hoarding” Bitcoin in bunkers deep underground the amount is said to be hovering around $10 billion representing 7% of Bitcoin’s float. Xapo, the “Fort Knox of Bitcoin,” has raised $40 million from big name VC’s… Read More

May 11, 2018 @ 7:43 am By JD Alois  |  

Mintos, a European marketplace for  peer to peer loans, is a leader in Continental Europe with an estimated 39% market share. Today, Mintos has announced a significant next step by listing their first UK originator – thus expanding into the most robust P2P market in… Read More

May 11, 2018 @ 1:38 am By JD Alois  |  

BTC.com, a prominent platform for cryptocurrency users (that is affiliated with Bitmain), has announced the BTC.com mobile wallet will be the first cryptocurrency app released on Huawei’s AppGallery. The BTC wallet claims to have more than one million users, having processed USD$ 5 billion since… Read More

May 10, 2018 @ 11:08 pm By Cali Haan  |  

Right now, overhead, four satellites broadcasting the Bitcoin blockchain drift in the Earth’s atmosphere over North and South America, Africa and Europe. Only East Asia, Australia and Polynesia are still dark. The presence of Bitcoin satellites in the atmosphere was announced August 15th, 2017 by… Read More

May 10, 2018 @ 6:02 pm By JD Alois  |  

On May 4th, the government of Anguilla announced the “world’s first” blockchain token offering registration process for “utility tokens.” The Anguilla Utility Token Act or “AUTO Act,” is designed to facilitate clearly defined utility tokens that do not have a feature of a security. Anguilla… Read More

May 10, 2018 @ 12:30 pm By Erin Hobey  |  

Just last week, Streamr, the blockchain-backed data platform, partnered with Singapore-based Fysical to “reshape” human location data market. Today Streamr announced an ongoing partnership with Hewlett Packard Enterprise, one of the world’s leading technology solutions and innovation companies. The partnership has been formed to integrate the technology… Read More

May 10, 2018 @ 11:53 am By Erin Hobey  |  

Last December Bloomberg added Cryptocurrencies to its globally ubiquitous Terminals. Now, Bloomberg and Galaxy Digital Capital Management LP, a digital asset management firm founded by Michael Novogratz, have launched the Bloomberg Galaxy Crypto Index (BGCI). The index is designed to track the performance of the… Read More

May 10, 2018 @ 5:11 am By Erin Hobey  |  

Revolut, the digital banking alternative, announced that over 150,000 customers have started saving via Vaults since its launch in April. The feature enables users to round up and save the spare change from every card purchase and has already lead to Revolut customers saving over… Read More

May 9, 2018 @ 10:38 pm By JD Alois  |  

FinTech Australia is lauding the Aussie Government’s policy push regarding Open Banking. The advocacy group says the Australian decision has pushed back against big banks to open true banking reform by next year. “A government-backed Open Banking framework will be a game-changer for consumers and businesses,… Read More

May 9, 2018 @ 8:49 am By Samantha Hurst  |  

Global fintech firm Broadridge announced on Wednesday it has acquired FundAssist Limited, which is described as a regulatory, marketing and sales solutions service provider to the global investments industry. While sharing details about the acquisition, Patricia Rosch, Head of Broadridge’s international Investor Communication Solutions business, stated: “Broadridge… Read More

May 9, 2018 @ 8:30 am By JD Alois  |  

WorldFirst, a Fintech payment platform, is out with a report on UK SMEs. Their ninth quarterly Global Trade Barometer is putting a positive spin on the UK economy as smaller firms position themselves for the post Brexit reality. WorldFirst says more payments are beginning to… Read More

May 9, 2018 @ 7:39 am By JD Alois  |  

  BriefCam, a tech firm that transforms raw video into actionable intelligence and OurCrowd portfolio company, has been acquired by Canon, Inc. a global leader in digital imaging solutions. According to information provided by the company, the addition of BriefCam to Canon’s Network Video Solutions… Read More

May 8, 2018 @ 1:28 pm By Samantha Hurst  |  

On Tuesday, BBVA announced the launch of its new global payments system that now includes cards, alternative payment forms, and a fraud-prevention tool. The company reported that the platform, which is called Global Gateway, ensures large retailers may accept payments in everything from debit cards and credit… Read More

May 8, 2018 @ 12:30 pm By Erin Hobey  |  

Bitfinex, a digital asset trading platform, has added Peter Warrack, former Director of AML (Fintech Advisory) and Compliance Officer at the Bank of Montreal, to its team as Chief Compliance Officer (CCO). With a reported daily trading volume of more than $1.2 billion USD, Bitfinex is a… Read More

May 8, 2018 @ 12:13 pm By Erin Hobey  |  

P2P lender RateSetter has partnered with aggregators Finsure and LoanKit. Under the partnership, more than 1,400 brokers accredited with Finsure and LoanKit will be able to offer their clients RateSetter’s personal loan and green loan products, reported Australian Broker. The partnerships aims to help accredited brokers improve… Read More

May 8, 2018 @ 11:47 am By Erin Hobey  |  

OpenPort, a multinational digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets, has partnered with Acudeen Technologies, the P2P platform enabling SMEs to access financing. “High capital requirements, cash flow problems, and a lack of visibility are just some of… Read More