Global

November 21, 2017 @ 2:00 am By JD Alois  |  

Chancellor of the Exchequer Philip Hammond’s Autumn budget will be revealed this week and there is plenty of chatter as to what may, or may not, be included in the important policy statement. With Brexit pressure compelling policy makers to do everything they can to… Read More

November 20, 2017 @ 2:48 pm By JD Alois  |  

Jason Hsu is on a mission to turn Taiwan into a Fintech hub. This includes the development of a robust Initial Coin Offering market – in stark contrast to several Asian neighbors like China and South Korea,  two countries that banned all ICOs earlier this… Read More

November 20, 2017 @ 11:49 am By JD Alois  |  

SMSChain has canceled its Initial Coin Offering (ICO) that was expected to be launched today (November 20th). The decision to halt the ICO was said to be driven by a single strategic investor that backed the company with a $5 million investment. SMSChain is described… Read More

November 20, 2017 @ 8:48 am By JD Alois  |  

wemakeit, a rewards based crowdfunding platform, is one of the first platforms in the world to accept Bitcoin as a payment option. Introducing Bitcoin as a payment option is described as the first step towards the future. wemakeit management believes we are on the brink… Read More

November 20, 2017 @ 8:31 am By JD Alois  |  

VentureFounders, a UK-based equity crowdfunding platform for sophisticated investors, has appointed Alison Petit as Marketing Director. Petit brings extensive experience of marketing to private clients and brand building within financial services. Previously, Petit was Global Marketing Director within the Private Banking and Trust business at… Read More

November 19, 2017 @ 4:00 am By JD Alois  |  

F10,  one of the leading Fintech accelerators and incubators in Switzerland, has added Zürcher Kantonalbank, Switzerland’s largest cantonal bank as a corporate member. Remo Schmidli, Head of Multichannel Management at Zürcher Kantonalbank, said the move will see their bank gain access to the Fintech startups passing through… Read More

November 18, 2017 @ 11:24 am By Xu Gao  |  

A Unified Credit Rating System is On the Way People’s Bank of China, China’s central bank, has made plans to launch a united platform by the end of 2017 for collecting personal credit information and assessing people’s credit ratings. Setting up this platform means the… Read More

November 17, 2017 @ 3:39 pm By Samantha Hurst  |  

Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced on Thursday its new $200 million asset-backed revolving credit facility with Credit Suisse, a global financial institution. This news comes less than a month after Kabbage announced it and ING were extending… Read More

November 17, 2017 @ 1:51 pm By Samantha Hurst  |  

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday it published its 2017 Women FinTech Powerlist. The initiative is a celebration of the achievements and talent of women across the FinTech ecosystem as they continue to play a crucial role… Read More

November 17, 2017 @ 12:06 pm By JD Alois  |  

  The European Securities and Markets Authority (ESMA) spoke up this week on the hot topic of Initial Coin Offerings. The ESMA published two different documents: The first targeted the risks of ICOs for investors. The second addressed issuers and applicable rules. Located in Paris, the ESMA… Read More

November 17, 2017 @ 11:02 am By Erin Hobey  |  

WorldRemit has become the first Official Online Money Transfer Partner of the Premier League club, Arsenal. The digital money transfer business, formed by a UK-based entrepreneur from Somaliland, has joined forces with Arsenal to accelerate the company’s growth and help more people save money on… Read More

November 17, 2017 @ 4:55 am By Erin Hobey  |  

Speakly, a tech-based language learning solution, has partnered with Seedrs for a €90,007 fund raise for 10.00% equity offered. The UK-based is pre-valued at €810,000. Successful angel-investor Sonny Aswani has backed Speakly. Co-founded by Ott Ojamets in 2012, Speakly aims to ignite a language learning revolution by bringing 21st century… Read More

November 16, 2017 @ 12:24 pm By Samantha Hurst  |  

On Wednesday, Chinese peer-to-peer (P2P) lending platform Hexindai announced it has appointed Citi’s Issuer Services business as the depositary bank for its American Depositary Receipt (ADR) program. According to the online lender, the program was established through an initial public offering of its American Depositary Shares (ADSs), priced… Read More

November 16, 2017 @ 11:16 am By JD Alois  |  

Rainmaking Colab, created by the founders of Rainmaking and Startupbootcamp Fintech, are launching a new innovation program designed to help industry incumbents address real business problems. While recognizing the importance of Fintech startups, Rainmaking Colab seeks to aid more mature Fintech operations. Rainmaking Colab is supported… Read More

November 16, 2017 @ 9:09 am By JD Alois  |  

WeShareBonds, an AMF-registered crowd lending platform, has raised €12 million to continue financing French SMEs. The new funding includes both the closing of WeShareBonds’ second credit fund (Prêtons aux PME 2018) to finance French SMEs for €10 million and an equity increase of €2 million… Read More

November 16, 2017 @ 8:11 am By JD Alois  |  

Six local universities and three governmental agencies have joined together in a “landmark” Memorandum of Intent (MOI) to create the “TechSkills Accelerators FinTech Collective. The mission is to develop industry ready professionals with the needed skills in the booming sector. The “TeSA FinTech Collective” was… Read More

November 16, 2017 @ 7:53 am By JD Alois  |  

The annual FinTech Festival is taking place in Singapore and there is plenty of news regarding the city wide event. The Monetary Authority of Singapore (MAS) has just announced the three winners of the Global FinTech Hackcelerator. The three winners were selected from a pool… Read More

November 15, 2017 @ 11:04 pm By JD Alois  |  

KMPG, along with H2 Ventures, has compiled their annual Fintech 100 list. So who is at the top of the global Fintech stack? We want to know too, just like you. Let’s cut to the chase: Ant Financial (part of Alibaba providing payments and much… Read More

November 15, 2017 @ 5:55 pm By JD Alois  |  

The French Autorités Des Marchés Financiers (AMF) announced a consultation on Initial Coin Offerings (ICOs) at the end of the October. Crowdfund Insider published the document when it was first announced. Today, we are sharing an English version that may be consumed by a wider audience…. Read More

November 15, 2017 @ 9:13 am By JD Alois  |  

Lendix, online lender for SMEs in continental Europe, has announced the launch of a new financing product: the Flexible Bridge Loan. This product is designed to will allow a greater number of French, Spanish and Italian SMEs to benefit from the speed of execution of… Read More