Global

March 14, 2018 @ 3:00 am By JD Alois  |  

Last week during the National Crowdfunding and Fintech Association of Canada’s annual event, FFCON2018, there was a single presentation that provided a state of Fintech in Canada. Professor Michael King,  from the Scotiabank Digital Banking Lab @ Ivey Business School, delivered an excellent synopsis of what’s… Read More

March 13, 2018 @ 2:00 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) is the leading research authority on global innovations in finance. Over the past several years, CCAF has produced benchmark reports tracking the growth and evolution of all forms of Fintech around the world. These reports have become valued… Read More

March 13, 2018 @ 1:38 pm By Erin Hobey  |  

What a year for Crowdcube Spain! According to the Crowdcube Spain blog, crowdfunding alum Zank has reached an agreement with the personal finance management platform Fintonic, which will become a shareholder in the business. The exit provides more than just good news for Zank’s 252 Crowdcube… Read More

March 13, 2018 @ 12:02 pm By Erin Hobey  |  

RBL Bank, an Indian private sector banks, and CreditVidya, a leading Indian fintech firm which provides alternate data credit underwriting solutions to over 25 premier financial institutions, have joined forces to enable RBL Bank to instantly verify the employment details of salaried individuals, consequently reducing… Read More

March 13, 2018 @ 9:28 am By JD Alois  |  

At the beginning of 2018, a new Chair took over at the Israel Securities Authority (ISA). Anat Guetta took over the executive position from Shmuel Hauser. Recently, Guetta has indicated a more welcoming approach when it comes to initial coin offerings (ICOs) and crypto in general…. Read More

March 13, 2018 @ 8:34 am By JD Alois  |  

The Securities Commissioner of South Carolina, part of the office of the Attorney General of the state, has issued a Cease & Desist Order two global cryptocurrency miners: Swiss Gold Global and Genesis Mining. Genisis Mining is based in Hong Kong. Swiss Gold Global is… Read More

March 13, 2018 @ 7:38 am By JD Alois  |  

SelfKey will now facilitate KYC validation of the identity of individuals and corporations trading on LEXIT, a Blockchain-based marketplace for corporate assets and Intellectual Property. LEXIT is a platform where entrepreneurs may trade intellectual property, copyrights and technology or sell whole startups. This includes startups that… Read More

March 13, 2018 @ 7:26 am By JD Alois  |  

The 5th Annual London Summit is scheduled to take place on March 26th during a time of significant change in the UK. Brexit jitters along with dramatic regulatory changes such as Open Banking and PSD2 has created a varied and dynamic environment. Yet alternative finance… Read More

March 13, 2018 @ 7:15 am By JD Alois  |  

Airsorted, a hosting management platform with hosts using the service across accommodation like Airbnb, Booking.com, Expedia and HomeAway, has raised £5 million in Series A funding backe by VCs Pi Labs and Atami Capital. The company previously raised £1.5 million in seed funding, bringing Airsorted’s total funding… Read More

March 12, 2018 @ 9:00 pm By JD Alois  |  

LATTICE80, a Fintech Hub that has recently migrated its headquarters from Singapore to London, has announced its intent to launch Altcoin Futures. LATTICE80 expects to reveal details during Money20/20 taking place in Singapore this month. LATTICE80 is co-founded by Joe Seunghyun Cho, and is backed… Read More

March 12, 2018 @ 6:26 pm By JD Alois  |  

Let Fintech Innovation Reign The Head of the European Banking Authority, Andrea Enria, delivered a fascinating speech last week in Copenhagen. Enria addressed the challenge of appropriate regulation when it comes to innovation in finance. Fintech needs freedom to grow and evolve and slapping on… Read More

March 12, 2018 @ 8:19 am By Samantha Hurst  |  

South by Southwest (SXSW) Conference & Festivals announced over the weekend the winners of the 10th annual Accelerator Pitch Event, which took place March 10th-11th during the Startup & Tech Sectors Track at the Downtown Hilton Austin. The event’s organizers also reported in addition to the 10 winners… Read More

March 12, 2018 @ 8:15 am By JD Alois  |  

Crowd for Angels has launched a “Liquid Crypto Bond” initial coin offering (ICO). The hybrid security is a mix between traditional debt and “Angel tokens.” Crowd for Angels expects to raise up to £50 million with the 5 year Liquid Crypto Bond paying 4% interest per… Read More

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

GTR Ventures, an investment and venture platform that is specializing in the global trade and supply chain financing sector, has announced investments in five Fintechs based in the UK and Asia: Tradeteq, Trade Finance Market, Culum Capital, eFundSME and Incomlend. Launched in September 2017 with… Read More

March 12, 2018 @ 2:00 am By JD Alois  |  

OurCrowd, a global leader in equity crowdfunding, has announced the opening of a new office located in Mayfair, London. This will mark OurCrowd’s tenth location worldwide and a significant presence in the most evolved crowdfunding market in the world. OurCrowd said the new office will… Read More

March 11, 2018 @ 1:42 pm By Xu Gao  |  

  Fintech Remarks and Proposals from 2018 Two Legislative Sessions March 3rd saw the opening of “2018 NPC & CPPCC: annual legislative and political advisory sessions” in China. Here are some fintech related remarks and proposals that we summarized from this year’s sessions. (Source: 01Caijing)… Read More

March 9, 2018 @ 7:18 pm By JD Alois  |  

Lendix has originated approximately €10 million in loans during its first year of operation in Spain. This is according to multiple reports in Spanish press that stated Lendix Spain is on track to lend €30 million during 2018. In total 25 businesses financed projects on the online… Read More

March 9, 2018 @ 3:00 pm By Samantha Hurst  |  

Intelligence Fusion (IF), a software-as-a-service business that provides the private and public sector with global situational awareness to protect people and assets, successfully secured its initial £400,000 Crowdcube crowdfunding target from nearly 250 investors. The company received £216,400 from a group of HNWs and an… Read More

March 9, 2018 @ 7:49 am By Samantha Hurst  |  

Global Fintech Hub LATTICE80 announced on Friday it has strategically relocated its global headquarters from Singapore to London. The hub also reported that it is planning to expand into several cities globally, which includes London, New York City, and Seoul. This news comes just days after… Read More

March 9, 2018 @ 6:43 am By JD Alois  |  

The UK Crowdfunding Association (UKCFA) has shared a brief comment regarding proposed rules released by the European Commission yesterday that are expected to be enacted. These updated rules are designed to streamline cross border crowdfunding offerings to the benefit of issuers, investors and platforms. By… Read More