Global

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

Largest ICO of 2018? Mobius Hits $39 Million Hard Cap of Public MOBI Token Sale

Cayman based Mobius Network has announced the close of their MOBI initial coin offering public sale. Mobius says the token sale was scheduled to close on February 18th, but sold out in just over two hours. Mobius previously announced the closing of a $35 million… Read More

Fintech Raisin Doubles Amount of Accounts in Just One Year, Tops €5 Billion

Launched just four years again, Fintech platform Raisin has become an unqualified success. Today, the company is announcing that it has topped €5 billion in savings deposits having doubled the amount of accounts in just one year. Raisin, based in Germany, allows users to surf savings… Read More

BrewDog USA Files New Reg A+ Offering as it Looks to Crowdfund Additional Growth Capital

BrewDog USA, a company that completed a Reg A+ crowdfunding round a little over a year ago, has filed a new Form 1-A indicating its intent to raise more money. While the filing has not yet been qualified by the Securities and Exchange Commission (SEC),… Read More

Changing of the Guard: FinTech Australia Appoints Stuart Stoyan as Chair as Founding Chair Simon Cant Decides to Step Down

Stuart Stoyan, the founder and CEO of Melbourne-based company MoneyPlace – the second fully licensed marketplace lending platform, has become FinTech Australia’s new chair following the departure of founding chair Simon Cant. Stoyan has agreed to be FinTech Australia’s acting chair until June 2018 when… Read More

Switzerland and Hong Kong Strengthen Areas of Cooperation in Finance, Including Fintech Development

Swiss Federal Councillor Ueli Maurer and Carrie Lam, Chief Executive of Hong Kong SAR, had a meeting in Bern, Switzerland this week to discuss bilateral cooperation regarding financial markets – including the development of Fintech. The outcome of the meeting was the signing of several… Read More

Arsenal Football Partners with CashBet Coin. ICO for Digital Currency Starts this Month

In a first of its kind partnership, Arsenal Football Club has formed a cryptocurrency partnership with CashBet Coin. The collaboration was announced in advance of forthcoming initial coin offering for a token designed specifically for iGaming.  CashBet Coin is now recognized as the Footbal club’s… Read More

Switzerland Seeks to Ensure their Country Remains Attractive for Blockchain & ICO Development with Creation of New Working Group

The Swiss State Secretariat for International Financial Matters (SIF) has announced the creation of a Blockchain / ICO working group this past week. The new Group has been tasked to review the legal framework and identify any need for action with the involvement of the… Read More

Hartford Insurtech Partners with Global Claims Management Provider Crawford & Company

Hartford InsurTech Hub, powered by Startupbootcamp, has partnered with Crawford & Company, reportedly the world’s largest publicly listed independent provider of claims management solutions to insurance companies and self-insured entities. The partnership was formed through Crawford Innovative Ventures, LLC, an entity created by Atlanta-based Crawford & Company in… Read More

Incubator Waves Lab Welcomes First Participants, Launches First ICOS

Waves Lab, a Moscow-based incubator for new projects on the Waves platform, has announced a total budget of 1 million WAVES for future participants, as the first tranche of entrants launch their applications. The commitment, reportedly worth approximately $9 million after the recent cryptocurrency sell-off… Read More

EY Hammers Cryptocurrencies, Says Market Driven by FOMO Not Market Fundamentals

EY is out with a research report that hammers cryptocurrencies and the emerging digital asset market. The global consulting firm says digital currencies are driven by “Fear of Missing Out” or “FOMO” and lack any rational market fundaments. Additionally, EY says token valuations are flawed,… Read More

So What is Going on with IOTA? A Discussion with Dominik Schiener, IOTA Co-Founder

The IOTA Foundation is one of the more fascinating entries into the cryptocurrency world. A high profile concept that has encountered controversy almost from the beginning, the German based company has made big promises while being pin-balled around by criticism and plaudits alike. IOTA has… Read More

Transferwise Is Quickly Becoming a Global Bank (Minus the Stupid Fees)

Global money transfer site Transferwise is quickly becoming a bank. The cool thing about Transferwise is they are providing bank like services minus the silly fees that currently pollute traditional banking services. That’s huge. As previously announced, Transferwise is rolling out their glowing green debit… Read More

Volkswagen Chief Digital Officer Joins IOTA Foundation Supervisory Board as Platform Validation Grows

  @DavidSonstebo & @DomSchiener I am looking forward to start serving on the Supervisory Board of the IOTA Foundation. Great work @iotatoken! https://t.co/moKjBkyIMl — Johann Jungwirth (@JohannJungwirth) January 21, 2018 The IOTA Foundation has announced that Johann Jungwirth, Chief Digital Officer of Volkswagen, has joined… Read More

Digital Currency Dash Partners with Mercury Cash to Boost Accessibility in South America – US

Dash, an e-commerce and payments-focused digital currency that wants to challenge Bitcoin’s prominence, has been integrated into US-based cryptocurrency exchange, Mercury Cash. This exchange is on a mission is to create a “regulated bank for the new digital generation.” This integration means Dash will join Ethereum… Read More

InvestHK Reveals Details About UK Fintech Awards 2018

Invest Hong Kong (InvestHK) announced on Monday details of its UK Fintech Awards 2018, which is organized in conjunction with the UK’s Department for International Trade. According to InvestHK, the Awards are open for submissions from January 22nd (today) and will close on February 23rd…. Read More

UK Art Exhibition to Sell Works only Paid in Cryptocurrencies

Labeling it a “world first,” sales of art at an forthcoming Mayfair art exhibition will be conducted solely in cryptocurrency. Requiem for the Emblem of Power by British artist Paul Wager will commemorate the centenary of the end of the First World War will be holding… Read More

IDEX Token Sale Raises $6 Million to Create Decentralized Crypto Exchange

Aurora Labs S.A., a Panama based company, has completed their initial coin offering raising over $6 million. Aurora has launched the IDEX – a real time decentralized cryptocurrency exchange. The funds received will be used to fuel platform growth. Aurora announced a strategic partnership with… Read More

Emma Banking App Announces Monzo Integration

Just days after receiving its Financial Conduct Authority (FCA) approval, Emma Technologies announced it has integrated with challenger bank Monzo. Emma is currently building the banking app for millennials (iOS and Android), which is described as a mobile-only solution that helps consumers avoid overdrafts, find and… Read More

Same Day Financing for Austrian SMEs to be Provided by Spotcap and BAWAG

BAWAG Group and Berlin based Fintech Spotcap have formed a strategic partnership to give Austrian small and medium-sized enterprises (SMEs) access to same-day financing. The partnership is said to be the first time Spotcap will offer its lending platform and proprietary analytics to a bank and marks… Read More

RateSetter to Focus Solely on Asset Backed Lending for Commercial Loans

Peer to peer lender RateSetter said its commercial lending vertical will focus solely on secured lending in its commercial finance vertical. Following a review of its commercial finance operations, RateSetter said it would move to “simplify” its commercial finance by funding only property backed or… Read More

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