Global

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

Republic Debuts Compliant Blockchain Investments to General Public

On Friday, Republic announced it was launching compliant blockchain investments on its crowdfunding platform to the general public. The funding portal explained that Republic Crypto‘s first product, Republic Genesis, is set to make it possible for credible teams to get the funds and guidance they need to… Read More

FundedByMe Self Crowdfunding Campaign is Live. Early Investors Quickly Commit $1 Million

FundedByMe announced another self-crowdfunding round last month to fuel platform growth in advance of a possible listing on an exchange. The crowdfunding platform is seeking  SEK 5 to 20 million (approximately €500,000 to €1.1 million) and launched live yesterday.  It appears that FundedByMe will have to raise… Read More

ICOs, Crypto-Tokens and Blockchain Legitimized at a Stroke as Rock Solid Gibraltar Swoops In

  The future is arriving a lot sooner than almost anyone thought as, fuelled by billions in ICO cash, the blockchain revolution moves ten times faster than the internet revolution ever did: Gibraltar, their nimble regulator and Stock Exchange are providing an exemplar that may… Read More

PayPal Opens Domestic Operations in India & Launches Money Pool Fundraising Feature

PayPal announced earlier this week that it has launched domestic operations in India. The company revealed that over the past decade it has been on a journey to digitize India by enabling cross-border transaction. “Today, we are proud to announce that we are adding domestic… Read More

KPMG: In Q3 Global Fintech Investment Hit $8.2 Billion

KPMG Pulse of Fintech was published this week and as usual it was packed full of interesting data points regarding the global Fintech industry. Overall, global Fintech investment remains solid with$8.2 billion invested across 274 deals. Sizable Fintech deals helped to propel this number with… Read More

SyndicateRoom Publishes “Due Diligence Guide for Investors,” Penned by Rob Murray Brown

UK online investment platform SyndicateRoom has published The Due Diligence Guide for Investors, a document which aims to empower investors to make more informed choices when putting together their portfolio of early-stage investments. The guide, which has been created in collaboration with long-standing equity crowdfunding commentator Rob Murray… Read More

UK Women in Finance Charter Now Has 160 Firms Signed Up

There is a growing number of women in the finance industry – even more so in alternative finance. The UK, via HM Treasury’s Women in Finance Charter, is actively pursuing the promotion of women executives in this vitally important sector of business. According to HM… Read More

Newcomer P2P Lender Robo.cash Touts Positive Q4 2017 Start, Nears First Investor €100K Gain Milestone

The European P2P platform specializing in short-term investments and founded and owned by entrepreneur Sergey Sedov, Robo.cash marked the start of the Q4 2017 with a record growth of its investors’ number by having attracted 32% more the average figure and came closer to hitting… Read More

Ethereum Blockchain Coder Neufund Nabs $11.6M Pre-Sale Funding Round, Preps for ICBM

Neufund, a Berlin-based coding project on the Ethereum blockchain, is celebrating a pre-sale funding round of $11.6 million (€10 million). Backed by top private investors from funds including Philipp Freise (Kohlberg Kravis Roberts & Co), Michael Jackson (Mangrove Capital), the VC fund Atlantic Labs, and crypto… Read More

Cappasity Says Ethereum Parity Wallet Hack is a Deliberate Act of Fraud

  Cappasity, a company in the midst of their own initial coin offering (ICO) that was impacted by the Parity multi-sig wallet hack, has called the hack a deliberate act of fraud. Cappasity told Crowdfund Insider; “Currently, we are running an ICO. On November 7,… Read More

Equity Crowdfunding Electric Car Company Uniti Plans ICO

Uniti, a Swedish electric car company that is in the midst of an investment crowdfunding round, has announced the creation of a new cryptocurrency and forthcoming Initial Coin Offering (ICO). Uniti states it is in the midst of  launching the “world’s first Certified Green” ICO. The… Read More

OurCrowd Backs Nexa3D, Maker of Professional Grade 3D Printers

OurCrowd, one of the largest equity crowdfunding platforms in the world, has invested in Nexa3D maker of ultra-fast Stereolithography professional-grade 3D printers.  OurCrowd was joined in the investment by XYZprinting bringing total investment to $10 million. As part of the investment, XYZprinting has agreed to manufacture… Read More

Australian Online Lender Prospa Tops Key Milestone as it Originates Over $500 Million in Loans

Prospa has claimed first in the race to originate over half a billion in small business loans. The online lender states that over the past 12 months, Prospa has experienced dramatic growth, doubling the size of its loan book. Prospa has now provided credit to… Read More

Waves to Implement New Technology to Become Fastest Blockchain Platform in the World

Waves announced on Wednesday it is implementing new technology, which will enable the network to process thousands of transactions per minute, which makes it the fastest decentralized blockchain platform in the world. According to the blockchain platform, “Waves-NG” is described as a next-generation technology designed to… Read More

Hampered By Cyber Attack, Electroneum is Hit By Snark Following $40 Million ICO

Electroneum recently raised $40 million in a highly successful Initial Coin Offering (ICO). The funding came in via ETH 42058.31 and BTC 4872.16. The British cryptocurrency for is targeting the 2.2 billion smartphone users around the globe. Electroneum explains the problem their crypto is attempting… Read More

French Lending Platforms Adopt Common Performance Indicators

On 8 November 2017, the French Crowdfunding Association Financement Participatif France released the common set of performance indicators that member platforms specializing in loans, mini-bonds (a debt instrument specific to SME lending marketplaces) and bonds are invited to publish. Wishing to go beyond the legally… Read More

Revolut Pursues Mission to Become First Global Banking App, Files for European Banking License

Digital only challenger bank Revolut is rattling the cage of old finance once again by filing for a European Banking License. The Fintech firm has shared that their application is expected to be approved by the first half of 2018 as it pursues its mission… Read More

Huge: Mobile Lending Company WeLab Raises $220 Million with Backing from Alibaba

One of the fastest growing Fintech’s in China has raised USD $220 million. WeLab, a Hong Kong-based mobile lending platform founded in 2013, has closed funding round of $220 million including both strategic debt and equity funding with the backing of Alibaba Hong Kong Entrepreneurs Fund,… Read More

ESMA, MiFID and the Post-Brexit Future of Europe’s Capital Markets Union

  Recently, the European Securities and Markets Authority (ESMA) held its first ever conference in Paris. The event underlined the growing importance of ESMA, the European Supervisory Authority for capital markets. Along with the European Commission and the Parliament, ESMA is one of the pillars… Read More

Tezos Terms Call Contributions “Donations”, Contributors Apparently Waive the Right to Class Action

Recently someone forwarded a copy of the Tezos Terms of Allocation regarding their spectacularly successful Initial Coin Offering (ICO). To update anyone that has not followed the odyssey of the high profile ICO, Tezos – a self amending cryptographic ledger”, raised $232 million this past… Read More

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