Global

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

RateSetter Innovative Finance ISA is Finally Here

Peer-to-peer lending platform RateSetter has shared that is Innovative Finance ISA (IFISA) will launch tomorrow (February 8th). RateSetter said the IFISA will initially be available to existing customers, then to new customers on 1 March and to inward transfers from other ISAs in April. The creation of… Read More

Beauhurst: 2017 Was the Best Year on Record for Investment in the UK’s High-Growth Companies

“This year couldn’t be more different,” Toby Austin, CEO & Co-Founder of Beauhurst The above quote pretty much sums things up. According to the numbers tallied by Beauhurst, 2017 was a gangbuster year for investment into UK high growth firms. Austin adds that; “It’s good… Read More

Innovate Finance: UK Fintech Investment Hits Record as Deals See 153% Increase Year Over Year

Innovate Finance is out with report on UK Fintech investment and according to their numbers 2017 was a banner year. The group said VC investment into emerging Fintech firms jumped 153% versus year prior. Approximately $1.8 billion went into 224 deals with the UK ranking… Read More

OurCrowd Leads the Way in Global Investment Crowdfunding

OurCrowd is arguably a vital variable in the rise of Israel’s claim to be the leading nation when it comes to entrepreneurial innovation. The country has established itself as a hotbed for early stage tech firms in a diverse array of sectors. Today, most all… Read More

Japan Net Bank & Tech Bureau to Initiate POC Project to Evaluate Mijin and Hyperledger: Going Paperless

Fintech and cryptocurrency solutions company Tech Bureau noted that that Japan’s first online bank, Japan Net Bank, Limited is testing blockchain technology integrations using mijin and Hyperledger and has initiated a proof-of-concept project to evaluate to utilize the cryptocurrencies for paperless contract administration, scheduled to be… Read More

Direct Lender Goji + Alt Lender Prestige Prime = New ISA-Eligible Renewables Lending Bond

Goji, a UK direct lending investment manager and platform,  has partnered with Prestige-Prime group, a specialist alternative investment lender, to launch an ISA-eligible Renewables Lending Bond which aims to provide financial advisers and wealth managers with an opportunity to earn a steady return from a… Read More

Blockchain-Based Data Exchange C2B Datawallet Celebrates $40M Token Sale

Datawallet, a leading C2B blockchain-based data exchange, announced that its DXT token sale has sold out after reaching its goal of $40 million USD. The pre-sale, which started on January 22, 2018, was available to Datawallet’s earliest supporters on a first-come-first-served basis, with the final… Read More

Matchpool’s Dan Timsit Discusses New Cryptofunding Platform Fund0x: “By the Community, for the Community”

Envisioning itself as the “go-to platform for building new partnerships, finding love or jobs and building new products” with the assistance of the community, Tel Aviv- based Matchpool has launched a new social platform seeking and sourcing crypto from the crowd called fund0x.  The cryptocurrency-only site… Read More

Energi Mine Public ICO Raises $4 Million in 81 Minutes

Manchester, UK based Energi Mine says it raised $4 million in just 81 minutes. The final leg of the initial coin offering (ICO) took place on February 1st. Energi Mine opened the offer at 10AM. At 11:21AM it closed. The last round of the ICO… Read More

ClearFoundation Wants to Raise NZD $1 Billion in 5 Year Token Issuance

New Zealand-based ClearFoundation, and its commercialization partner Utah-based ClearCenter, have announced an NZD $1 billion (or about USD $730 million) initial coin offering of ClearFoundation’s tokens known as CLEAR Tokens. So who is the ClearFoundation? The ClearFoundation was formed in 2009 in New Zealand as an… Read More

Waves Says it is Going Big into Southeast Asian ICO Market with Tokenomy Partnership

Waves has announced a new partnership that will expand its presence into the hot Southeast Asian initial coin offering (ICO) market. Waves has announced an agreement to collaborate with Indonesian platform Tokenomy to push into major new global opportunities. Waves says that as part of… Read More

Banco BNI Europe is Now Investing in Fellow Finance Listed P2P Loans

Challenger bank Banco BNI Europa is now investing in loans via the Fellow Finance platform. According to information provided by Fellow Finance, Banco BNI is the first European bank to invest in loans on its platform. Banco BNI Europa will now be present on the… Read More

Challenger Bank Penta Raises €2.2 million Seed Funding One Month After Launch in Germany

Berlin based Penta, a challenger bank for startups and businesses, has raised €2.2 million in seed funding just one month after launching in Germany. The investment round was led by Inception Capital, a Fintech focused VC based in the UK. Penta is a partner of Berlin… Read More

Challenger Bank Tandem Partners with Cognitive Banking Company Personetics

UK Challenger bank Tandem has announced a partnership with cognitive banking company Personetics to provide users personalised insights on their spending across all of their bank accounts in one place, as well as warning people about unexpected fees and unusual activity on their accounts. Tandem… Read More

UK Fintech Trade Mission Takes Place this Week in Vienna & Switzerland

  Switzerland and Austria will host their annual UK Fintech Mission. This is the third UK Fintech Mission to Switzerland which, because of its past success, this year encompasses both the Austrian and Swiss markets.  The UK Fintech trade mission will take place in Vienna and… Read More

Long Blockchain See Saws on Purchasing Bitcoin Mining Hardware

Long Blockchain Corporation (NASDAQ:LBCC), formerly known as Long Island Ice Tea Corp. due to its focus on beverages, has done an about face regarding its previously announced decision to purchase 1,000 Antminer S9 mining rigs and 1,000 APW3++ PSUs. In January, the company stated it had signed… Read More

OurCrowd Predicts Tech Trends for 2018

OurCrowd, one of the largest investment crowdfunding platforms in the world, held their annual summit at the International  Convention Center in Jerusalem this past week. Beyond the presentations by the many cool tech startups that make up their portfolio companies,  OurCrowd took a moment to… Read More

China: WeiyangX Fintech Review

Tencent Credit Launches Public Beta Testing in China On January 30th, Tencent officially launched a public beta testing for its credit service-Tencent Credit. Users may get access to the service by searching “Tencent Credit” within WeChat, complete real-name authentication, bind his/her mobile phone number to… Read More

Follow that Unicorn! Coinbase Nabs $1B Revenue during 2017

Coinbase, co-founded by Brian Armstrong and Fred Ehrsam, provides support for Bitcoin, Ethereum and Litecoin in 32 countries, with over 10 million customers served and over $50B in digital currency exchanged. Now the six year-old digital wallet and crypto-exchange Coinbase has reportedly crossed $1 billion in revenue… Read More

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