Global

October 18, 2017 @ 2:40 pm By JD Alois  |  

Invesdor, a Finland based investment crowdfunding platform, has completed their 100th successfully funded offering.The platform the 100th funding round was completed by Seafire, a cross border IPO marketed in both Sweden and Finland. Seafire has been active in the Venture Capital space for the past 15… Read More

October 18, 2017 @ 10:29 am By JD Alois  |  

CBInsights has published their Q3 report on the global Fintech sector. According to their research, VC backed Fintech firms raised $4 billion into 278 deals during the quarter. While the number of deals held steady, the funding amount dipped from Q2 2017 which was a… Read More

October 18, 2017 @ 8:03 am By JD Alois  |  

This is interesting. Mangrove Capital Partners, a venture capital group based in Luxembourg, has published a report indicating that Initial Coin Offerings are delivering huge returns for investors. Mangrove says investors have received  a return of 1320% on average. This is taking into consideration ICOs… Read More

October 17, 2017 @ 6:36 pm By JD Alois  |  

  Fosun RZ Capital (formerly called Fosun Kinzon Capital) is a leading China based venture capital firm that is part of the Fosun Group which is based in Shanghai. Fosun Group, which is listed on the Hong Kong Stock Exchange, spent “billions” acquiring global companies… Read More

October 17, 2017 @ 3:12 pm By Erin Hobey  |  

Tifosy, reportedly the world’s first and only fully licensed sports crowdfunding business, has successfully raised £1m equity through its own platform. Co-founded by former player and manager Gianluca Vialli and former investment banker Fausto Zanetton, Tifosy is spearheading a sports finance revolution by allowing supporters to… Read More

October 17, 2017 @ 1:14 pm By JD Alois  |  

Seedrs has announced a new partnership with the Law Society. The agreement will allow the Law Society’s members to access early stage startups via the crowdfunding platform. Simultaneously,  promising Legaltech startups will have the support of the Law Society when they raise funding on the… Read More

October 17, 2017 @ 12:29 pm By Erin Hobey  |  

Several leading Spanish banking, energy and telecommunications companies have established Alastria, a new regulated national network based on blockchain. The non-profit consortium was presented simultaneously in the cities of Madrid, Barcelona, Bilbao, Valencia and Malaga with the aim to develop the Distributed Ledger Technology (DTL),… Read More

October 17, 2017 @ 8:23 am By JD Alois  |  

Homefans has closed its equity crowdfunding campaign on Crowdcube having raised £111,590 in 30 days. The company had a pre-money valuation of £589,000. According to the campaign page, 165 investors backed the young company. The startup  decided to launch an equity offer after taking more… Read More

October 17, 2017 @ 7:32 am By JD Alois  |  

Manchester-based Racefields is reporting it has inked a partnership with an unnamed platform in Singapore to expand its debt trading platform RCX to the southeast Asian country. Through the partnership, any deals listed on the RCX platform that match the investment criteria of the funder… Read More

October 16, 2017 @ 10:42 pm By JD Alois  |  

Today, the Minister for Revenue and Financial Services, Kelly O’Dwyer, announced the appointment of James Shipton as the new Chair of the Australian Securities and Investments Commission (ASIC).  A Goldman Sachs veteran, Shipton is currently leading a research center at Harvard Law School where he… Read More

October 16, 2017 @ 11:14 am By JD Alois  |  

Dow Jones has just released its quarterly report on Venture Capital in Europe.  According to their tally, venture capital declined both in regards to funds raised and investment activity during the 3rd quarter. Both the number of funds and amount raised by European VC funds decreased… Read More

October 16, 2017 @ 10:20 am By JD Alois  |  

Streamr reports it has closed its Initial Coin Offering (ICO) early having raised CHF 30 million (USD $ 30.74M) from more than 1300 backers. Streamr had set a hard cap on the offer but it was originally scheduled to run until October 26th. The public… Read More

October 16, 2017 @ 9:32 am By JD Alois  |  

Julian Assange, the founder of Wikileaks who is holed up in the Embassy of Ecuador in London, is thanking the US government for boosting his investment returns. Assange shares in a tweet that the illegal banking blockade targeting Wikileaks compelled him to look elsewhere to… Read More

October 16, 2017 @ 8:10 am By JD Alois  |  

Marvelstone Group, the company behind the world’s largest Fintech hub – LATTICE80, is getting into Artificial Intelligence (AI) in a big way. Marvelstone has announced the creation of the “world’s largest AI Hub” based in Singapore. Marvelstone, based in Singapore, is a private investment group that… Read More

October 16, 2017 @ 7:55 am By JD Alois  |  

London-based BotSkill, a Software as a Service (SaaS) chatbot firm, has secured a £250,000 investment led by the British Robotics Seed Fund (BRSF). Simultaneously, BotSkill has launched an investment crowdfunding campaign on Britbots Crowd. The offer on Britbots Crowd seeks £350,000 for an EIS eligible… Read More

October 15, 2017 @ 4:17 pm By Joey Garcia and Joshua Ashley Klayman  |  

  On September 22, 2017, the Gibraltar Financial Services Commission (GFSC) issued a Statement on Initial Coin Offerings (ICO).   With the GFSC Statement, Gibraltar joined a growing number of jurisdictions that have provided token sale guidance, including, among others, the United States, Canada,  Singapore,  Hong… Read More

October 14, 2017 @ 8:20 pm By Xu Gao  |  

Tencent Received License to Sell Insurance on WeChat and QQ This week, China Insurance Regulatory Commission (CIRC) announced that it had grant an operation license to Shenzhen Wei Min Insurance Agency Co. Ltd. Tencent owns a majority stake (57.8%) of this new insurer. Fubon Property… Read More

October 13, 2017 @ 8:04 pm By JD Alois  |  

  Santander InnoVentures, the Fintech VC fund of Santander Group, has invested in the Mexican startup ePesos, a mobile payments company for the underbanked. The $6 million funding round included the participation of VilCap Investments, Pomona Impact, and Fiinlab, the innovation lab owned by Gentera. The… Read More

October 13, 2017 @ 4:33 pm By JD Alois  |  

LendIt Europe took place in London earlier this week with around 1000+ attendees participating including a good showing of regular suspects and an emerging group of early stage, aspiring Fintech firms. For both presenters and attendees the backdrop of the Brexit decision and the uncertainties… Read More

October 12, 2017 @ 1:56 pm By Erin Hobey  |  

Private investors may now participate in a new equity crowdfunding real estate round for a mortgage of residential buildings in Darmstadt / Frankfurt area of Germany.  “Wohnen Im Village 11” on zinsbaustein.de features ten semi-detached houses and one detached house.  Private investors can participate in the… Read More