Global

November 30, 2017 @ 3:45 pm By Erin Hobey  |  

Sberbank, Russia’s largest bank which  almost one third of aggregate Russian banking sector assets, is the key lender to the national economy and the biggest deposit taker in Russia. The bank has now spearheaded a Russian banking industry first: a pilot blockchain payment transaction. The transaction used… Read More

November 30, 2017 @ 9:58 am By Samantha Hurst  |  

Australia-based fintech payments company Credit Clear announced on Thursday it has launched a $10 million Series A Capital Raise, seeking the funds in order to expand its revolutionary data-driven invoicing and collections platform globally. Launched in July 2017, Credit Clear has processed more than $180 million in debt for the corporates in Australia,… Read More

November 30, 2017 @ 8:39 am By Erin Hobey  |  

SyndicateRoom announced the broadening of its fund strategy with the launch of the Growth Fund, an active Enterprise Investment Scheme (EIS) fund designed to invest in select best-performing businesses that make up the platform’s growing portfolio. The new fund will sit alongside Fund Twenty8, reportedly the… Read More

November 29, 2017 @ 10:21 pm By JD Alois  |  

Cyber security risk in the financial services industry is profound and growing rapidly as all forms of finance move online. Recent high profile hacks and attacks exposing private information have dominated the news all too frequently. The Australian Securities and Investment Commission (ASIC) has just… Read More

November 29, 2017 @ 11:31 am By JD Alois  |  

According to a report in El Español, peer to peer lender Comunitae has ceased all operations indefinitely due to fraud detected on the platform this past October. The Comunitae web site is still live but certain portions are not functional. Madrid based Comunitae is described… Read More

November 28, 2017 @ 11:33 am By Erin Hobey  |  

With the hope to become the next hip destination in Dallas’s Lower Greenville neighborhood, Leela’s Raw Bar & abv establishment linked with NextSeed to raise a minimum of $150,000 from the crowd. Leela’s Raw Bar & abc, an an upscale dining and drinking concept created… Read More

November 28, 2017 @ 10:09 am By JD Alois  |  

Digital only challenger bank Revolut is preparing to enter the cryptocurrency world with new features on their bank app to allow users to exchange and use Bitcoin and other digital currencies. While some traditional banks look at crypto with disdain (heres looking at you, Jamie… Read More

November 28, 2017 @ 8:44 am By Samantha Hurst  |  

On Monday, Crowdfunder UK announced it has teamed up with Propel by Deloitte for a new initiative that supports exporting businesses. The crowdfunding platform revealed that it and Propel are looking to offer five businesses that are currently exporting, or looking to do so in the future, the chance to… Read More

November 28, 2017 @ 1:01 am By JD Alois  |  

LATTICE80, a Singapore based Fintech hub that is the largest of its kind, has partnered with IOTA Foundation to open up a new innovation lab in Singapore. IOTA Foundation, based in Germany, holds a mission to support the development and standardization of distributed ledger technologies (DLT… Read More

November 27, 2017 @ 1:25 pm By JD Alois  |  

The UK’s first FCA regulated Islamic Fintech platform, Yielders, has been awarded the Islamic Economy Award in the Money and Finance category. The Islamic Economy Award is overseen by Thomson Reuters and the Dubai Islamic Economy Development Centre. The Award recognises innovative world-class business initiatives… Read More

November 27, 2017 @ 10:30 am By JD Alois  |  

Speaking in Brussels last week, Mario Draghi, President of the European Central Bank (ECB), addressed the topic of digital currencies. Siegfried Mureşan (PPE), speaking on behalf of Tom Vandenkendelaere who was unable to attend the meeting, posed this question to Draghi regarding the emergence of cryptocurrencies; “Over… Read More

November 27, 2017 @ 7:02 am By JD Alois  |  

This is a new spin on the growing digital asset world and token offerings (ICO). Bond is launching an equity offering that issues a digital blockchain security in a conventional asset fund. Bond is the trading name for Euskara Management Limited. Bond wants to deliver a “traditional… Read More

November 27, 2017 @ 6:25 am By JD Alois  |  

ZoomDoc, a doctor on demand service, is crowdfunding on Seedrs seeking £500,000 for a 19.99% stake in the company. ZoomDoc has set a pre-money valuation of £2,001,544 and, as it stands today, £283,724 has been committed by 84 investors. Founded by practicing NHS GP, Dr…. Read More

November 27, 2017 @ 5:59 am By JD Alois  |  

Chris Skinner, a Fintech industry commentator, author, speaker, and publisher of the Finanser blog, has invested in Meniga, a digital banking solutions. Skinner has been part of the Meniga Advisory Board since 2011. Based in London, Meniga works with some of the world’s largest financial… Read More

November 26, 2017 @ 6:00 am By JD Alois  |  

Seedcamp has just closed a £41M seed fund to invest in 100 new startups across Europe on their 10 year anniversary. The fourth fund is two times larger than the last Seedcamp fund and is said to be backed by 60 leading corporates, VCs and fund… Read More

November 25, 2017 @ 11:00 am By Samantha Hurst  |  

This week, the Australian Securities and Investments Commission (ASIC) announced it has signed a new fintech cooperate agreement With Dubai Financial Services Authority (DFSA). According to the ASIC, this new agreement will enable it and the DFSA to refer innovative fintech businesses to each other… Read More

November 25, 2017 @ 9:00 am By Samantha Hurst  |  

Less than three years after securing more than £3.5 million through its first equity crowdfunding campaign, UK-based parking innovator JustPark has returned to Crowdcube and is looking to raise £1.5 million. As previously reported, JustPark was founded by entrepreneur Anthony Eskinazi and is seeking to lead the disruption of… Read More

November 24, 2017 @ 7:49 pm By JD Alois  |  

Many people are still sorting through the various proposals announced by Chancellor of the Exchequer Philip Hammond during the Autumn Budget statement from the past week. Parsing through the nuances of the many policy pronouncements is an annual affair. So what is in the Budget… Read More

November 24, 2017 @ 1:00 pm By Erin Hobey  |  

Crowd Bonds, a type of debt-based crowdfunding, are gaining traction in the healthcare investment sector with a particular focus on high quality care homes, according to UK crowdfunding platform Downing Crowd. Downing Crowd itself has launched a new £2.5 million Crowd Bond for two established care… Read More

November 24, 2017 @ 12:36 pm By Erin Hobey  |  

A subtle hint for our American readers, the day after Thanksgiving… Grab your turkey sandwich and read about Clubs DiR, Catalonia’s leading fitness chain. DiR closed its third equity crowdfunding funding round on Crowdcube Spain, this one to fund its a 477,420-EUR funding round to… Read More