Global

January 15, 2018 @ 7:17 am By JD Alois  |  

The British Robotics Seed Fund (BRSF) has invested in Magpie Education, a creator of an AI driven resource tool  designed to inspire students in STEM (Science, Technology, Engineering & Mathematics) subjects. The£300,000 investment will help Magpie capture market share of the UK Edtech market and then… Read More

January 15, 2018 @ 7:01 am By JD Alois  |  

Following a closed beta launch in December, Emma Technologies has announced the Financial Conduct Authority (FCA) has give regulatory approval to the company under the Payment Services Regulations 2017 for the provision of payment services. In the UK on January 13th requirements under PSD2, as… Read More

January 13, 2018 @ 6:00 pm By Xu Gao  |  

Renren Calls an End to its ICO Project It was reported that Renren has closed its RRCoin ICO project after a talk with China’s regulatory authorities. Among the 1 billion RRCoins that were planned to issue, 40% would have beeen allocated to private equity, 25%… Read More

January 13, 2018 @ 11:49 am By JD Alois  |  

Following a successful pre-sale where organizers reportedly raised $15 million, the SelfKey public Initial Coin Offering will start tomorrow (January 14th @ 12 AM UTC). Founded by Edmund Lowell, SelfKey’s tech stack is already in use.  In fact SelfKey may find itself in use with some big… Read More

January 12, 2018 @ 5:52 pm By JD Alois  |  

Open Banking is kind of a nebulous term. Unless you are very engaged with the UK financial sector it probably means little to you. Yet the concept of Open Banking will have profound ramifications for consumers and businesses in both the UK and Europe. In… Read More

January 12, 2018 @ 12:51 pm By JD Alois  |  

In the land of initial coin offerings (ICO), a world that is starting to look a bit like Xanadu, an estimated $4.9 billion was raised. This number was buttressed by several sources. WSJ.com reported in December that ICOs had topped $4 billion. Crunchbase augmented that… Read More

January 12, 2018 @ 10:04 am By Erin Hobey  |  

This weekend Propy will be giving away 50,000 PRO tokens reportedly worth $250,000 to the winners of the much-anticipated Crypto Hackathon at the World Crypto Economic Forum at South San Francisco Conference Center from 13- 16 January. Propy CEO and Founder Natalia Karayaneva, along with Propy’s… Read More

January 12, 2018 @ 9:05 am By JD Alois  |  

Republic Protocol has announced a Blockchain based “Dark Pool” for cryptocurrency trading. Noting that 15% of all Wall Street trades on are not widely available to the public, Republic Protocol wants to provide a solution. In the US, dark pool trading, while sounding ominous, has… Read More

January 11, 2018 @ 10:13 pm By JD Alois  |  

ThinCats says 2018 is poised for growth. The online lender reports that December was a record month booking £12 million of funding listed on the platform followed the biggest-ever ThinCats-listed loan of £6.7 million to the Chelsea Yacht & Boat Company at the end of September…. Read More

January 11, 2018 @ 9:43 am By JD Alois  |  

OurCrowd, one of the largest crowdfunding platforms in the world, has launched a new $100 million global fund labeled “Cognitiv.” This specialized fund will focus on early-stage companies that leverage AI, IoT, robotics, digital manufacturing and more. Cognitiv is on a mission to fund tomorrow’s category… Read More

January 11, 2018 @ 8:30 am By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) announced yesterday it had approved the licensing of the first seven “crowd-sourced funding” platforms. Due to a recent change in Australia’s security regulations, these investment crowdfunding platforms may allow businesses to raise up to $5 million – all… Read More

January 11, 2018 @ 7:50 am By JD Alois  |  

Digital challenger bank Tandem has closed on the acquisition of Harrod’s bank – the financial institution long associated with the eponymous London retail store.Tandem received regulatory approval by the Prudential Regulation Authority, a division of the Bank of England, and the Financial Conduct Authority to… Read More

January 10, 2018 @ 11:17 pm By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) has licensed the first crowdfunding platforms or “crowd-sourced funding (CSF) intermediaries” as it is called in Australia. The licensed platforms follow several prolonged years to create workable rules allowing for companies to raise capital online under the new… Read More

January 10, 2018 @ 7:01 pm By JD Alois  |  

  BABB, a banking platform based on Blockchain based in London, is launching its initial coin offering (ICO) on January 15th with a pre-sale. The general token sale of BAX will commence immediately following the pre-sale seeking to raise a hard cap of USD $20… Read More

January 10, 2018 @ 9:17 am By JD Alois  |  

Hamburg, Germany based Sutor Bank (founded in 1921) has launched a new “micro-investment app” described as delivering an “investment to go’ feature for users. Sutor Bank said it is expanding its range of Fintech collaborations by partnering with startup savemate providing the investment app that… Read More

January 10, 2018 @ 8:14 am By JD Alois  |  

Yesterday, Transferwise, the UK based Fintech Unicorn, announced it had launched a borderless debit card for a group of trial users. Basically it is a current account that can be used anywhere minus the silly fees banks charge consumers. Transferwise will commence a wide release… Read More

January 9, 2018 @ 7:01 pm By Erin Hobey  |  

Goji, the UK-based specialist direct lending investment manager and platform, secured an undisclosed multi-million pound funding round from investors including Anthemis’ Venture Fund 1 (AVF1) and AXA Strategic Ventures (ASV). “Confidence in direct lending as an asset class is picking up pace and the investment… Read More

January 9, 2018 @ 5:20 pm By JD Alois  |  

The Crypto Valley Association (CVA), based in the epicenter of ICOs in Zug, Switzerland, has published a Code of Conduct for Initial Coin Offerings. Founded in 2017, the CVA started with just 16 members at launch and today now counts over 550 corporate and individual… Read More

January 9, 2018 @ 12:44 pm By Erin Hobey  |  

GoodBox, a techcompany focused on building solutions that connects donors and causes, has secured over £1.8 million from over 460 investors — including Tennis star Andy Murray — on its Seedrs’ crowdfunding campaign. GoodBox has set a funding goal of £2.4 million for a 23.21% percent… Read More

January 9, 2018 @ 11:59 am By JD Alois  |  

Mobius Network, a  Cayman based company, has announced the closing of their MOBI token presale. According to the company, Mobius raised $35 million, claiming the “largest pre-sale of 2018”. Mobius added that the offer was over-subscribed by $10 million and participants included  Jed McCaleb, Chandler… Read More