Global

November 7, 2017 @ 5:00 pm By Therese Torris  |  

  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

November 7, 2017 @ 2:20 pm By JD Alois  |  

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

November 7, 2017 @ 1:57 pm By Erin Hobey  |  

Online investment platform SyndicateRoom announced that UK film and entertainment company, Fashion On Screen (FOS), will be raising £1.5 million via its platform.  FOS, a film production company which aims to produce prestigious, inspiring, commercial films for a global market, is raising funds for its first… Read More

November 7, 2017 @ 1:21 pm By Erin Hobey  |  

Investoo Group has acquired Bitcoinmag.de, expanding its reach into the DACH cryptocurrency market. The German language site Bitcoinmag.de is a resource for crypto investors, providing purchase and price information, and allowing visitors to compare exchanges and platforms. The site will sit alongside an existing portfolio of… Read More

November 7, 2017 @ 8:15 am By JD Alois  |  

Brauhaus am Turm GmbH, a wholly owned subsidiary of the Japanese noodle restaurant MoschMosch, is now collecting up to €500,000 euros through a crowdfunding website operated by CrowdDesk for the opening of a brewery at the newly-built Henninger Turm in Frankfurt am Main. “The Brauhaus… Read More

November 7, 2017 @ 1:59 am By JD Alois  |  

The European Commission has published an Inception Impact Assessment that pitches a legislative proposal for an EU framework for crowdfunding including peer to peer lending. The initiative is accepting feedback from interested parties until November 27, 2017. The expectation is the Commission will create a… Read More

November 6, 2017 @ 3:15 pm By Samantha Hurst  |  

Village Capital, in partnership with PayPal, recently announced it is accepting applications for its Fintech Africa 2018 program. Founded in 2009, Village Capital is a global venture firm that discovers, developed, and invests in entrepreneurs. Since its launch, the company has been working with early-stage investors,… Read More

November 6, 2017 @ 1:13 pm By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) has inked an agreement with the China Securities Regulatory Commission (CSRC) to cross promote Fintech firms in their respective markets. Australia has targeted Fintech as strategic for their economy. China is the largest Fintech market in the world…. Read More

November 6, 2017 @ 7:28 am By JD Alois  |  

Securities Commission Malaysia (SC) says it continues to lead digital innovation in finance with significant progress reported on major Fintech markets initiatives. At its flagship Fintech event, SCxSC Digital Finance Conference 2017, SC Chairman Tan Sri Ranjit Ajit Singh in his speech delivered to attendees… Read More

November 5, 2017 @ 9:33 am By JD Alois  |  

OurCrowd portfolio company Argus Cyber Security was acquired by Continental in order to “enhance its capabilities in automotive cyber security.”  OurCrowd is one of the largest investment crowdfunding platforms in the world. Argus claims to be the global leader in automotive cyber security with customers that… Read More

November 4, 2017 @ 11:31 am By Xu Gao  |  

China is Reported to Shut Down Illegal Cash Loan Platforms Bloomberg, citing sources close to the situation, reported that regulators in China has started to consider strengthening supervisions towards cash loan platforms, with high probability of shutting down illegal ones. This round of inspections will… Read More

November 3, 2017 @ 12:44 pm By Samantha Hurst  |  

Specialist provider of P2P and marketplace lending products and services, Goji, announced on Friday it has appointed Peter Breitstone as its new CEO. According to the company, Breitstone has over 20 years of senior executive leadership experience at several global insurance companies, including Insureon, Zurich, and Aon…. Read More

November 3, 2017 @ 8:53 am By JD Alois  |  

Hexindai Inc. (NASDAQ: HX) a peer to peer lending platform operating in China, priced and closed its initial public offering (IPO) of 5,000,000 American depositary shares at $10 per ADS raising $50.0 million. Each ADS represents one ordinary share of the Company. The shares commence trading on the… Read More

November 2, 2017 @ 9:35 pm By JD Alois  |  

Australia’s Fintech industry growing rapidly. This is according to a report by EY and FinTech Australia. The 2017 EY FinTech Australia Census indicates that Aussie FIntech companies experienced a 200% annual median revenue jump in contrast to year prior. The Census, released today at the… Read More

November 2, 2017 @ 11:34 am By Erin Hobey  |  

Chaineum, reportedly the first French ICO boutique, and Lightyear.io, an organization that supports partner activities for Stellar, a Silicon Valley-based nonprofit open source blockchain network, have announced a partnership to collaborate in the ICO space. Through the partnership, Chaineum will use the Stellar network to support… Read More

November 2, 2017 @ 11:02 am By Erin Hobey  |  

Rivetz Corp., a provider of mobile, decentralized security solutions for business customers worldwide, today announced a partnership agreement with Ammbr, a decentralized mesh network tokenizing broadband internet access founded earlier this year and based in Singapore. Rivetz and Ammbr will work together to integrate and… Read More

November 2, 2017 @ 10:30 am By JD Alois  |  

Status is making three big announcements at DevCon3.  According to the company, Status raised $100+ million for their SNT token sale is under three hours. Status is also announcing the beta for “Status Hardwallet” for wireless wallet transactions, introducing a new COO who joins Status from… Read More

November 2, 2017 @ 9:33 am By JD Alois  |  

Invesdor, an investment crowdfunding platform, has released the results of an online survey they recently completed. According to Invesdor, their research uncovered that investors backing unlisted companies via crowdfunding and online investment services expect to gain experiences, learning opportunities, thrills, and conformity with their values…. Read More

November 2, 2017 @ 8:18 am By JD Alois  |  

LendInvest, a Fintech marketplace platform for property finance, has agreed a long-term warehouse facility with Citi boosting its entry into the UK’s £40 billion buy-to-let (BTL) market. Under the terms of the financing, Citi will provide a funding line to LendInvest that will be used… Read More

November 1, 2017 @ 10:37 pm By JD Alois  |  

FinTech Australia has welcomed the announcement about “comprehensive credit reporting” by Treasurer Scott Morrison at the opening day of the Collab/Collide Summit in Melbourne. The Australian Government will mandate a comprehensive credit reporting regime that should help Australian borrowers get a better deal from lenders,… Read More