Global

April 23, 2018 @ 7:50 pm By JD Alois  |  

This announcement certainly will benefit the growth of Lendix, a leading European online lender. According to the Fintech, the Lendix community of lenders now benefits from the Italian State Guarantee or the “Fondo di Garanzia” for loans made in Italy. This federal guarantee will partially cover… Read More

April 23, 2018 @ 2:14 pm By Cali Haan  |  

Attempts by Iranian citizens to trade their rapidly deflating rials for US dollars or cryptocurrencies like Bitcoin are being vigorously scuttled by Iranian authorities. The latest ban on cryptocurrencies, reported by the state news agency IRNA, follows the imposition of standardized exchange rates across the… Read More

April 23, 2018 @ 12:30 pm By Samantha Hurst  |  

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced last week its upcoming programme will expand its themes to include insurance, Islamic finance, and regulatory technology services. According to the organization, this program will continue to bridge the… Read More

April 23, 2018 @ 11:15 am By Samantha Hurst  |  

Meniga, a UK-based digital banking solution, announced on Monday it secured a €3 million investment from Nordic banking group Swedbank. The fintech startup reported that the investment follows a partnership agreement to launch its personalized digital banking solutions across Swedbank’s markets in Sweden and the Baltic countries. Meniga… Read More

April 23, 2018 @ 10:15 am By Cali Haan  |  

In a form letter correspondence consistent with the low service levels crypto clients have come expect, Coinbase, operators of the planet’s 11th largest crypto exchange, pulled the plug on payments to the Wikileaks store April 20th. In a screenshot of the letter posted by Wikileaks,… Read More

April 23, 2018 @ 8:54 am By JD Alois  |  

INVioU is a blockchain-based platform for invoice and credit finance management. The platform seeks to enable “minimal-risk streamlined collections and fully automated loan obtainment processes within the global community.” Founded by CEO Dror Shapira (son of Israel’s State Comptroller, Yosef Shapira) and Yair Zehavi, CPO of… Read More

April 22, 2018 @ 10:26 pm By JD Alois  |  

  Entersoft, an Australian cyber security firm, says it has now helped to launch USD $1 billion worth of initial coin offerings (ICOs) around the world without a single hack or lost token value. According to Entersoft, during last ten months, the company has helped… Read More

April 22, 2018 @ 2:00 pm By Cali Haan  |  

Soft spoken computer scientist Adam Back, one of the most important figures in the technical history of Bitcoin, had a hard act to follow after Max Keiser and Stacy Herbert burned down the stage presenting their gleeful and anarchic brand of Bitcoin-boosting. “The era of… Read More

April 22, 2018 @ 9:03 am By JD Alois  |  

British MP Matt Hancock delivered a speech last week at the Law Society that highlighted the UK’s prominence in Fintech and the massive potential for blockchain technology. Hancock described blockchain as a type of panacea for issues beyond financial services shortcomings; “While Fintech may have… Read More

April 21, 2018 @ 4:49 pm By Cali Haan  |  

  Before Alena Vranova became one of Bitcoin’s early entrepreneurs in 2013, this cofounder of Satoshi Labs and Trezor Hardware Wallets spent ten years innovating in the insurance industry in her native Czech Republic. There, she learned her first lesson in industry disruption: “Don’t listen to people… Read More

April 20, 2018 @ 6:35 pm By JD Alois  |  

The SupraFin, the “first global vetted token platform on blockchain” has lined up several impressive advisors. Keith Teare and Jonathon Read have both signed up to help guide the platform in its mission to bring transparency to the initial coin offering (ICO) industry by creating a global vetted… Read More

April 20, 2018 @ 3:01 pm By Cali Haan  |  

Well-known “Bitcoin Maximalist” and despiser of ICO’s (Initial Coin Offerings) Tone Vays has lately been so deluged with idiotic requests to advise on ICO’s that he has updated his LinkedIn profile to the following: “I am NOT interested in your ICO/Token Sale. Please send all requests… Read More

April 19, 2018 @ 12:43 pm By Erin Hobey  |  

Swedish fintech platform iZettle has made good on its promise to grow and innovate.  Last year the platform secured €60 million funding round, which consisted of equity from existing investors in a Series D extension as well as debt funding from Victory Park Capital through its… Read More

April 19, 2018 @ 11:03 am By Erin Hobey  |  

The InsurTech Accelerator, part of Hartford InsurTech Hub powered by Startupbootcamp InsurTech, hosted its first Demo Day in Hartford, Connecticut. Out of the 10 startups graduating from the cohort, 5 startups have already secured pilots with leading insurance companies within the core sponsoring partners: Cigna,… Read More

April 19, 2018 @ 7:51 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has released Q1 data for its member platforms. According to the industry association, P2P lending is nearing £9 billion in loan originations having provided finance for approximately 50,000 business and 221,000 individuals. Total investors stand at around… Read More

April 18, 2018 @ 10:21 pm By JD Alois  |  

SaveDroid appears to be the latest in a long line of initial coin offering scams. Adding insult to injury, the website home page posted a mocking image stating “aannnd its gone” while the CEO tweeted photo stating Thanks guys! Over and out … #savedroidICO –… Read More

April 18, 2018 @ 8:30 pm By JD Alois  |  

The Singapore Fintech Association (SFA) has announced the creation of a Marketplace Lending committee and website. This is in response to the rapid growth in the sector, according to the SFA. The subcommittee will be dedicated to ensuring the local online lending industry is a trusted,… Read More

April 18, 2018 @ 4:10 pm By JD Alois  |  

Tala has closed on a $50 million Series C equity investment led by Revolution Growth with participation from existing investors IVP, Data Collective, Lowercase Capital, Ribbit Capital, and Female Founders Fund. Separately, Tala said it has also recently raised $15 million for its loan book…. Read More

April 18, 2018 @ 1:56 pm By Cali Haan  |  

TorrentFreak.com are reporting today that Telegram co-founder and exiled Russian businessperson Pavel Durov has vowed to donate millions of dollars in Bitcoin to providers of virtual private network (VPN) services. Consistently routing messages through VPNs, which obscure message origins, may allow Russian citizens to continue… Read More

April 18, 2018 @ 10:38 am By JD Alois  |  

The Bank of England has approved the first non-bank payment service provider to join the UK payment system settling in central bank money. Described as a milestone event for the BoE in accommodating innovation, this is the first Fintech to gain direct accesss. Transferwise is… Read More