Global

September 27, 2017 @ 3:00 am By JD Alois  |  

Digital only challenger bank Revolut will now enable users to insure their mobile phone for as little as £1.00 per week as the Fintech firm launches the first phase of its insurance offering. The key term here is first phase, of course, as Revolut’s push… Read More

September 26, 2017 @ 1:08 pm By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, partnered with Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE with more than AED 122 billion in assets, to seek opportunities to collaborate and consult on initiatives to promote… Read More

September 26, 2017 @ 10:03 am By JD Alois  |  

The Financial Market Supervisory Authority (FINMA) shut down E-Coin last week saying the entity had accepted deposits without holding a banking license. Something you should not do in Switzerland. At the same time, FINMA launched bankruptcy proceedings against the individuals involved. FINMA labeled the E-Coins… Read More

September 26, 2017 @ 8:56 am By Samantha Hurst  |  

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced on Tuesday it has gained ten new members. Hyperledger notably incubates eight business blockchain and distributed ledger technologies including Hyperledger Fabric, Hyperledger Iroha, Hyperledger Indy, Hyperledger Burrow, Hyperledger Sawtooth, among others. Speaking about… Read More

September 26, 2017 @ 8:25 am By JD Alois  |  

The newest investment crowdfunding platform is focusing on a very specific niche. Britbots Crowd, officially launched today, is the worlds first equity crowdfunding platform that is all about supporting British based robotics startups. The platform has been developed in partnership with Envestry, who also provide… Read More

September 26, 2017 @ 7:58 am By JD Alois  |  

The UK Amazon Growing Business Awards ceremony will take place on 29th November 2017 at The Brewery, London. Today, the e-commerce/tech company has announced their shortlist of companies in the mix to win.  According to Amazon, more than 500 nominations were received from across the… Read More

September 25, 2017 @ 10:48 pm By JD Alois  |  

LendIt Europe, the event series specializing in Fintech and online lending, has announced the finalists for its 2017 PitchIt competition taking place at the O2 in London on the 9th & 10th of October. This year, LendIt’s PitchIt competition is hosted and co-organized by Startupbootcamp FinTech…. Read More

September 25, 2017 @ 9:09 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has just published their first benchmarking report on the emerging global Blockchain market. Earlier this year, CCAF published a benchmarking report on the global cryptocurrency markets.  CCAF has established themselves as the leading research in the alternative finance… Read More

September 25, 2017 @ 4:25 pm By JD Alois  |  

The European Central Bank (ECB) has published a “Guide to assessments of Fintech credit institution licence applications.” The purpose of the Guide is described as seeking to enhance transparency for potential Fintech bank applicants and increase their understanding of the procedures and criteria applied by… Read More

September 25, 2017 @ 9:08 am By JD Alois  |  

Seedrs alumni, beauty on demand company blow LTD., has received a substantial investment from UK retail brand Debenhams of $10 million for a minority stake in the firm.  Blow Ltd. raised £1.3 million from over 300 investors via equity crowdfunding platform Seedrs in June 2016 with a… Read More

September 25, 2017 @ 8:34 am By JD Alois  |  

Nigel Green, CEO and founder of deVere Group, says the deVere Vault can now store and manage a total of 27 different currencies having just added 22. The deVere Vault is being described as the world’s most international e-money app. Newly added to the list of… Read More

September 25, 2017 @ 7:59 am By JD Alois  |  

  UOWN is a new online property crowdfunding platform that is offering potential annual returns starting from 6%. The company promotes “an innovative business model” which provides access to previously off-market “proven performer” rental properties. UOWN, based in Leeds, is the creation of brothers Shaan,… Read More

September 25, 2017 @ 7:44 am By JD Alois  |  

FundedHere, a Singapore-based crowdfunding platform, has successfully raised S$ 505,500 for two local startups. Both campaigns included the pairing of professional investors with individuals not classified as Accredited Investors (AI).  This is a first for FundedHere and follows a recent global trend where investment crowdfunding… Read More

September 24, 2017 @ 10:18 pm By JD Alois  |  

New Zealand based social enterprise Ethique is preparing to launch their second equity crowdfunding campaign on PledgeMe to raise growth capital to fuel their global expansion. Founded by CEO Brianne West, Ethique was an early adopter of equity crowdfunding having raised capital on PledgeMe back… Read More

September 24, 2017 @ 9:57 pm By JD Alois  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has scheduled a Fintech conference to engage Fintech thought leaders, financial regulators and platforms at the upcoming FinTech Abu Dhabi in October 2017.  The event highlights the growing interest in the potential for… Read More

September 24, 2017 @ 1:47 pm By JD Alois  |  

The International Organization of Securities Commissions (IOSCO) held a meeting this past week of the Growth and Emerging Markets (GEM) Committee. This committee is the largest within IOSCO, representing over 75% of their membership. Ranjit Ajit Singh, Chairman, Securities Commission, Malaysia, and Vice Chair of… Read More

September 23, 2017 @ 9:37 am By JD Alois  |  

The wild herd of Unicorns, private businesses that are valued at $1 billion or more, continues to multiply.  The valuations rise as private money hunts for the next big investment trophy. Today, investing is borderless and services looking to scale tend to be country agnostic…. Read More

September 22, 2017 @ 9:12 pm By Xu Gao  |  

China Takes Strict Control Over Consumer Credit, Forbidding it to Enter the Real Estate Market It is reported on September 20th that the Guangzhou branches of PBOC and CBRC have jointly issued a statement about consumer credit regulation, forbidding it to enter the real-estate market…. Read More

September 22, 2017 @ 12:34 pm By JD Alois  |  

Premium hotel group Falkensteiner Hotels & Residences is using an alternative finance platform to raise capital as part of an expansion plan. The Austrian company has listed an investment offer on Finnest.com to allow its guests to become investors. The award-winning hotel group operates 32… Read More

September 22, 2017 @ 9:37 am By JD Alois  |  

Earlier this week, the Sunday Times reported that the UK government was examining plans to “clamp down” on the Enterprise Investment Scheme (EIS). This program is a tax exemption that seeks to incentivize investment in early stage companies – an intrinsically risky endeavor. By providing… Read More