Global

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

500 Startups Grad YogaTrail Launches Reg CF Campaign on SeedInvest: The Road to OM

Originally launched in 2013 as a yoga directory, YogaTrail joined 500 Startups in 2014 and evolved from a yoga directory to including schedules, increasing capabilities, and started developing content.  By late 2016, YogaTrail started the marketplace for bookings, calendars and events. Now the platform is looking to raise… Read More

Crowdo Recaps 2017 Milestones: 3,500+ Projects Funded (Infographic)

Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding, posted an infographic citing its 2017 milestones. “2017 has been a great year for Crowdo as we hit several milestones and experienced tremendous growth in our organization where saw our year start off… Read More

UK’s Largest P2P Lender Funding Circle Said to be Planning IPO at £2 Billion Valuation

Funding Circle, a UK based peer to peer lender, is reportedly planning an initial public offering (IPO) for 2018. The news of the new listing is courtesy of SkyNews that reports Funding Circle will begin meeting with investment banks during Q1 of 2018 as they… Read More

The Biggest Fintech Stories of 2017

2018 is here and 2017 is in the rear view mirror getting smaller by the minute. In the world of Fintech, the past twelve months have been momentous as new innovations in finance have risen in prominence while others, once promising, have waned. So what… Read More

Britcoin Coming? Report Says Bank of England May Create UK Cryptocurrency in 2018

The Telegraph is reporting that the Bank of England may have a bespoke cryptocurrency in its sights for 2018. The UK Britcoin, if created, would be a revolutionary shift for the entire banking industry and an innovative leap for the world’s second oldest central bank…. Read More

Exmo Executive Pavel Lerner Released by Kidnappers After $1 Million Ransom Paid

Pavel Lerner is reportedly healthy and safe after kidnappers released him following an abduction in Kiev, Ukraine on December 26th. As previously reported, Lerner, who is listed as the CEO of cryptocurrency exchange Exmo on his LinkedIn profile, was approached by men with machine guns… Read More

The European Commission is Awarding €5 Million for “Blockchain for Social Good”

The European Commission recently launched a competition seeking new Blockchain tech creating solutions for positive social change. The new Horizon Prize is called “Blockchains for Social Good” and the competition will see €5 Million handed out in increments of € 1 million for five different recipients…. Read More

Report: CEO of Top Crypto Exchange Exmo is Kidnapped in Ukraine, Site Hit with DDoS Attack [u]

Exmo, a top cryptocurrency exchange, has had its CEO Pavel Lerner kidnapped, according to a report in the BBC. The article states that Lerner was leaving his office in Kiev, Ukraine on December 26th when he was “dragged into a black Mercedes-Benz by men wearing balaclavas.”… Read More

EU Vice President Pushes for European Fintech License as UK Exits Europe

EU Vice-President Valdis Dombrovskis, whose portfolio includes Financial Stability, Financial Services and Capital Markets Union, spoke to the FT this week advocating on behalf of a pan-European Fintech license. Dombrovskis is quoted in the broadsheet lamenting excessive bureaucratic barriers that challenge Europe today; “Europe is certainly… Read More

JustPark Advisor & Former CEO Alex Stephany Comments on New Crowdfunding Platform Beam Targeting London Homeless Population

Over 8,000 people are sleeping on UK streets. Over 200,000 “hidden homeless” people live in temporary accommodations such as hostels. New crowdfunding platform Beam founder Alex Stephany is making a difference and addressing London’s growing homeless problem, one person at a time. The result is Beam, a… Read More

Crypto Exchange Binance Creates New Partnership with Uplive, Creator of Gifto

Binance, one of the largest cryptocurreny exchanges in the world, has partnered with Uplive, in an interesting move to bring Uplive’s 20+ million users to the Binance platform. According to Binance, Uplive will feature a special virtual gift created specially for Binance’s token BNB. Uplive’s… Read More

Yeti Spotting! Netbeast’s SmartHome Tech Campaign Goes Untamed on Crowdcube Spain

A yeti has been spotted… but with a tech twist. Fear not! Yeti SmartHome from Netbeast is set to take control of your home, if you let it. By connecting the devices in users’ homes through wireless technologies, Yeti allows users to control all the… Read More

Russia Prepares Law on Regulation of Cryptocurrencies & ICOs

According to a report in TASS, the Russian Ministry of Finance has prepared a draft law that will regulate cryptocurrencies. The basis of the report was an interview of the Russian Finance Minister Anton Siluanov for Rossiya 24. Siluanov was quoted saying: “The Ministry of Finance has… Read More

LoanBook Shares Latest Milestone; One Day Remains on Crowdcube Equity Crowdfunding Campaign

LoanBook, a Spanish marketplace lending platform, having easily surpassed its initial £650,000 last week is, is heading toward the home stretch having raised over £721,200 for 6.40% equity with the help of more than 253 Crowdcube investors. £340,000 of this investment sum comes from current shareholders, local Business… Read More

Sirin Labs Says $158 Million Raised in Initial Coin Offering in Record Crowdsale

Sirin Labs, based in  Switzerland, is reporting having successfully completed their initial coin offering (ICO) having raised $157,862,507 – one of the largest ICOs to date. Sirin is the creator of a Blockchain based smartphone that is said to incorporate heightened security. Unlike current models… Read More

P2P Lender RoboCash Updates on 2017 Progress

Latvia-based European peer to peer lender Robo.Cash, a young platform that is less than a year old, has provided an update on loan origination progress.  According to the P2P lender, RoboCash attracted € 2.5 million of investments in pay day lending (PDL) loans in 2017. Robo.Cash… Read More

Digital Transformation and Financial Services: What to Expect in 2018

It would be nice if digital transformation were something that firms could buy, like Software-as-a-Service (SaaS). Unfortunately, there’s no one size fits all solution. What makes sense for one firm could be exactly wrong approach for another. But as we’re predicting that a lot of… Read More

Starta Publishes Report on ICOs: “Hybrid Capital: The Future of Venture in the ICO Era”

Starta Ventures has published a report on venture capital in regards to the emerging Initial Coin Offering ecosystem.  Entitled, “Hybrid Capital: The Future of Venture in the ICO Era.” The e-book, authored by Alexey Girin and Ekaterina Dorozhkina, is available for download on Amazon but you… Read More

Update: SuperCharger FinTech Accelerator Kuala Lumpur

SuperCharger FinTech Accelerator launched first in Hong Kong but it is pushing into other markets bringing its unique brand of combining established and innovative Fintech startups. Earlier this month, SuperCharger celebrated the end of the SuperCharger Kuala Lumpur program as 9 Fintech start-ups from around the… Read More

Enter the Dragon Coin: This Token Sale May Become the Largest Initial Coin Offering Ever

I must admit, when I first read about Dragon Coin and its initial coin offering (ICO) I was exceptionally skeptical. But then you really need to be careful which ICO you back right now. A healthy dose of skepticism can be what separates an investor… Read More

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