Global

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

Crypto-VC IOB Invests in German Robo Advisor Fundamental Capital

Fundamental Capital, based in Germany, is an online asset manager specializing in using algorithms to help individuals invest in securities. Today, the Robo-advisor has announced that IOB , a US based crypto focused VC, has invested in the platform. IOB seeks to back regulated and… Read More

Crowd2Fund Reports “Exponential” Growth for IFISA

Crowd2Fund says it is experiencing “exponential growth” in the tax year ending 5 April 2018. Having completed its second full year of operating the Innovative Finance ISA (IFISA), Crowd2Fund says the amount of IFISA funds held on the platform increasing 83% year-on-year by the end… Read More

“Self-Sovereign ID” Startup SelfKey Hosts Reddit AMA

CEO Edmund Lowell of the Hong Kong-incorporated blockchain ID company SelfKey hosted an AMA on reddit last Thursday, “in line with our commitment to transparency.” KEY tokens are currently trading for a fraction of what they debuted at on exchanges in January. One redditor asked… Read More

Cords & Co. Wants to Give Everyone a Chance to Become an Owner in a Global Fashion Company

The Cords & Co. team has recently launched their crowdfunding campaign on FundedByMe calling it “a dream come true”. Founded by Mikael Söderlindh and Viktor Tell in 2016, the founders are described as some of the most successful Swedish entrepreneurs within the tech and fashion… Read More

Paycase Financial: Cryptocurrency Brokerage Expects a Large Amount of Volume When the Desk is Launched

  Last month, the TMX Group (the operator of the Toronto Stock Exchange) announced that its subsidiary, Shorcan Digital Currency Network, will be working with Paycase Financial to launch a new cryptocurrency brokerage service initially focused on Bitcoin and Ether. Shorcan DCN is expected to launch… Read More

Request Network Adds Global Cryptocurrency Payments Service: Designed to Unseat PayPal

Y-Combinator-backed Request Network Foundation launched its cryptocurrency payments service which allowing users to send and request payments or make money transfers in cryptocurrencies. “We’re very excited to see the ways in which developers connect with the technology, and use it to make cryptocurrency payments mainstream,… Read More

Google Bans Cryptomining Extensions on Chrome in Effort to Stave Off Cryptojacking

Around the Ides of March, Google (following in Facebook’s footsteps) banned all cryptocurrency advertising, effective June 2018. Crowdfund Insider reported that in 2017 alone Google blocked 3.2 billion ads from its platform. Now Chrome has added to its Developer Program Policies a ban that prohibits products… Read More

GoFundMe Acquires YouCaring to Increase its Global Impact through Crowdfunding

GoFundMe, the social fundraising platform, has acquired the personal fundraising site YouCaring, furthering the company’s mission to help people turn compassion into action. During this transition, current YouCaring fundraisers can continue to collect donations and will have the opportunity to migrate to the GoFundMe platform. New fundraisers… Read More

Virtue Poker: Blockchain’s Peer-to-Peer Trust Functions Disrupting Fairness Issues in Gambling.

One of Ethereum’s cofounders, Joseph Lubin, is backing a new online poker platform built on Ethereum, a programmable cryptocurrency and cousin of Bitcoin. Virtue Poker promises to eliminate problems that may have informed a US-wide shut down of the online poker industry in 2011, a… Read More

Sweden: “Gräsrotsfinansiering” Report Supports Growth of Investment Crowdfunding

Sweden recently published a report on domestic growth of crowdfunding. Daniel Daboczy, CEO and co-founder of FundedByMe based in Sweden, commented; “It’s good to finally have the Ministry of Finance’s proposal written down on 549 pages, where they clearly take a stand on crowdfunding.” According to… Read More

Walmart Launches Global Money Transfer Service “Walmart2World”

On Tuesday, retail giant Walmart announced the launch of its new global wire service, Walmart2World. The company revealed that four years ago it changed the “money transfer game” with the introduction of Walmart2Walmart, which is a domestic money transfer service that offered lower cost, which… Read More

Funding Circle Expands US Ops into Rocky Mountain State, Poised for Mile High Growth

Funding Circle, a leading small business loans platform, has expanded its U.S. operations with a second office in Denver, Colorado. With the move Funding Circle will look to hire around 290 new employees in the Denverarea over the next two years to support the company’s… Read More

Mobius News: Now Trading on Bitmart, Karina Qian Joins Team & Major Product Update Pending

2018 continues to be an exciting year full of innovation and successful funding rounds for Mobius. In January 2018, the company reportedly raised $35 million, claiming the “largest pre-sale of 2018.”  Then came the record MOBI initial coin offering public sale which sold out in two hours…. Read More

MobiKwik & Yes Bank Tapped for Microsoft Kaizala Digital Payments; MobiKwik’s Vineet Singh Resigns

Digital payments services are now live on India’s Microsoft Kaizala. By integrating the payment and both organizations’ mobile payment infrastructure services of Yes Bank and MobiKwik, Microsoft Kaizala users may swiftly send or receive money without having to leave the Kaizala mobile app. With Microsoft Kaizala, users will… Read More

Switzerland and the Global Regulatory Competition for ICOs

The CryptoSummit 2018 organized by Blockchain startup Smart Valor gathered more than 1,000 attendees from 47 countries in Zurich. One of the recurring themes of the conference presentations was the regulation of Initial Coin Offerings (ICOs). Many participants pointed out that there is now an… Read More

Dawn of the Token Era: The New Global Network Economy

We are entering the era of the digital token.  Or to put it another way a new kind of frictionless economy based on an a new internet of value. We’re already beyond the point of no-return – the ‘token event horizon’ is already well behind… Read More

Telegram Files New Form D with SEC Indicating $1.7 Billion will be Raised

Telegram or TON Issuer, has filed a new Form D with the Securities and Exchange Commission that indicates $1.7 will be (or has been) raised for one of the hottest initial coin offerings ever. According to the Reg D 506c offering document; “This $850,000,000 offering… Read More

What’s next for the ICO? Reflections on Securities Law and the Future of Initial Coin Offerings

  To date, fundraising has been blockchain’s killer app. In 2017, Initial Coin Offering (ICO) fundraising eclipsed that of traditional venture capital, and in 2018, ICOs have already raised nearly $3 billion in non-dilutive funding. This new form of early-stage financing is incredibly promising, at… Read More

Swiss Real Coin Offering a Digital Slice of Swiss Commercial Real Estate

People finding real-world REITs too sober, opaque, or boring, may soon be able to invest in slivers of digitally-tokenized real restate in the tony heart of Europe. If their forthcoming ICO-funded venture succeeds, Switzerland-based Swiss Real Coin will soon be offering a Blockchain token-based RE… Read More

China: WeiyangX Fintech Review

Cross-Border Payment Company iPayLinks Wins Hundreds of Million-Yuan B1 Round of Financing led by Tencent On March 28th, cross-border payment company iPayLinks announced that it had completed, at the beginning of this year, a hundreds of million-yuan B1 round of financing led by Tencent and… Read More

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