Global

October 10, 2017 @ 11:56 am By JD Alois  |  

Announced at LendIt Europe, Peer Mountain says it is launching the “world’s first peer to peer self-sovereign identity, compliance and commerce delivery solution”, designed to allow consumers to maintain ownership of their data and control over who they trust to access it without the need… Read More

October 10, 2017 @ 7:19 am By JD Alois  |  

LoanBook, a large SME marketplace lender based in Spain, has formed a new partnership with Sage, a market-leader in cloud accounting, payroll and payments software, to offer Sage’s Spanish customers a direct, in-product channel to alternative finance options. According to LoanBook, Sage will offer its… Read More

October 10, 2017 @ 5:00 am By Therese Torris  |  

On Monday, October 9, Lendit Europe, the event gathering 1000+ representatives of the international fintech and lending scene on the banks of the River Thames, opened with a presentation by Imran Gulamhuseinwala OBE, Global Head of FinTech at consultancy firm EY, who spoke about “The… Read More

October 9, 2017 @ 5:57 pm By JD Alois  |  

Aion, a community-driven project lead by Nuco Global Inc. and the Aion Foundation, has raised $22 million USD to build the first interoperable blockchain network. The Initial Coin Offering (ICO) pre-sale took less than one week to raise $7.2 million with half their capital goal raised… Read More

October 9, 2017 @ 12:31 pm By Samantha Hurst  |  

LendIt, one of the world’s largest fintech event companies, announced its upcoming event called the BlockFin Summit, which is described as a blockchain conference for the Financial Services sector with coverage of the Blockchain, Cryptocurrencies, and Tokens. While sharing details about the event, Jason Jones, Co-Founder… Read More

October 9, 2017 @ 11:07 am By Erin Hobey  |  

Since launching CES in early 2017, Bodytrak, a copyrighted in-ear, multi-parameter body monitor and cloud analytics platform, has already secured 70% of its next funding milestone, and is launching on Capital Cell, a dedicated life sciences equity crowdfunding platform based in the UK and Spain… Read More

October 9, 2017 @ 10:04 am By Erin Hobey  |  

WiseAlpha, a UK fixed income platform which gives everyday investors access to corporate bonds issued in the institutional debt market, has launched an innovative retail bond product called Smart Interest enables investors to customize their rate of interest between 3% and 8% per annum with investment… Read More

October 9, 2017 @ 9:38 am By Erin Hobey  |  

The NEM.io Foundation, creators of the P2P NEM blockchain platform, shared that ShapeShift will integrate NEM’s XEM token, aiming to provide greater liquidity options to token holders. ShapeShifts exchange plays an important role in the cryptocurrency ecosystem, and its API is used by many third… Read More

October 9, 2017 @ 8:20 am By JD Alois  |  

Innovate Finance has announced that applications are now open for its Fintech pitch contest Pitch360 which will take place in London on March 20th, 2018. The deadline for applications is December 31st. Fintech firms that would like to compete stand a chance to win £10,000, a… Read More

October 9, 2017 @ 8:00 am By JD Alois  |  

Uniti is an interesting product with an interesting history. Based in Sweden, Uniti is an electric vehicle concept that was originally crowdfunded on FundedByMe about a year ago raising €1.2 million at a valuation of €9.8 million. Uniti is returning to crowdfunding again but this time… Read More

October 9, 2017 @ 2:30 am By JD Alois  |  

Oakam, an online micro-lender, has provided more tha 420,000 loans totaling £320+ million.  These loans have gone to consumers ignored by traditionaly finance, says Oakam. Alternative data enables Oakam to utilize modern methods in underwriting and risk management to expand access to credit for financially excluded… Read More

October 9, 2017 @ 2:01 am By JD Alois  |  

  Mintos marketplace for loans now has more than 35 000 registered investors from 64 countries. Mintos states that approximately 2,000 new investors join Mintos each month. The growing pool of investors has allowed Mintos to help fund loans worth more than € 325 million through… Read More

October 9, 2017 @ 1:45 am By JD Alois  |  

Spotcap, an online lender based in Germany, has announced that it has issued over €120 million in credit lines to small and medium-sized enterprises (SMEs). Spotcap also shares it has raised an additional €22 million of equity and debt funding from its existing investor network. In… Read More

October 9, 2017 @ 1:00 am By JD Alois  |  

Trustly, a Sweden based payments company, and Nordic software provider Emric, part of Tieto, have announced a new strategic partnership that is said to provide Emric’s business customers access to Trustly’s online banking payments technology across Europe. Emric is a provider of software solutions for financial… Read More

October 8, 2017 @ 5:39 pm By JD Alois  |  

Investoo Group has acquired RoboAdvisors.com, a company that is a Robo-advisor comparison site. This is the lates acquisition for Investoo. Last month, Investoo purchased TradingGuru. Specific terms of the acqusition were not revealed. Investoo’s acquisition of RoboAdvisors.com positions the platform to expand into the Portfolio Management… Read More

October 8, 2017 @ 11:31 am By JD Alois  |  

The Financial Market Supervisory Authority (FINMA) in Switzerland commented on the initial coin offerings (ICOs) market in Switzerland last month. FINMA issued Guidance 04/2017 on this topic just as it announced it was investigating a number of ICOs to determine if laws had been broken…. Read More

October 8, 2017 @ 5:11 am By JD Alois  |  

The Centre for Finance, Technology and Entrepreneurship (CFTE) is launching their first online Fintech course which will open to the public soon. If you are interested, you may enroll here. The course is described as “Around Fintech in Eight Hours.” The coursework starts with an overview of Fintech and introduces a… Read More

October 7, 2017 @ 10:40 am By JD Alois  |  

The Netherlands Crowdfunding Association has recently announced the nominees for the annual Crowdfunding Awards. The Assocation states that Dutch investors have contributed more than €400 million in more than 4,000 different companies. Many of these same investors became directly involved with entrepreneurs in their area through… Read More

October 7, 2017 @ 10:01 am By JD Alois  |  

Taiwan appears to be taking a different approach than its neighbor China when it comes to distributed ledger technology and cryptocurrency. In a report from the Newslens, the Financial Supervisory Commission (FSC) Chairman Wellington Koo told a joint meeting of Parliament and the cabinet that… Read More

October 6, 2017 @ 8:00 pm By Therese Torris  |  

French online factoring platform Finexkap is pursuing its rapid, yet controlled growth. Doubling in size each year since it opened for business in 2014, the Fintech startup passed last summer the €100 million mark of cumulated financing. France remains one of the markets with the… Read More