Global

September 17, 2017 @ 10:55 am By JD Alois  |  

The ICO for ICO’s – ICOBox Token Sale has attracted 3933 BTC in its token (ICOs) crowd sale. At current exchange rates, ICOBox has raised over USD $14.5 million. The offer was launched on August 15 and closed 32 days later. The ICO was impacted… Read More

September 16, 2017 @ 10:46 am By JD Alois  |  

Ezubao executives are looking at doing some hard time following the conclusion of proceedings at Beijing No. 1 Intermediate Peoples Court. Ezubao maintains the ignominious record of the largest peer to peer lending fraud ever. The Ponzi scheme has been estimated at pilfering over $7.7… Read More

September 16, 2017 @ 8:57 am By JD Alois  |  

KyberNetwork has nailed their Initial Coin Offering (ICO) having successfully raised ETH 200,000 or $51 million (at the current exchange rate). The Singapore based company reported a smooth ICO in a market that has experienced more than a bit of volatility in recent weeks as Chinese… Read More

September 15, 2017 @ 11:27 am By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) is out with a report responding to feedback on their Innovation Hub and Regtech in general. ASIC sought feedback on their overall approach and establishing a new Regtech liaison group. ASIC received 19 responses from Fintech businesses and technology companies,… Read More

September 15, 2017 @ 10:04 am By JD Alois  |  

Peer to peer lender Assetz Capital is reporting it has seen a year-on-year increase of 175% in the number of property development projects funded around the UK. The online lender says this rise comes following sustained growth in the funding pool for property developments, as investors… Read More

September 15, 2017 @ 2:26 am By Therese Torris  |  

Pan-European marketplace Raisin continues its trailblazing expansion. Having penetrated new geographies with international and localized services in 2016, the Berlin-headquartered startup is now broadening its offering to address a new customer segment: small and medium-sized enterprises (SMEs). Starting September 14, businesses can open term deposit… Read More

September 15, 2017 @ 2:09 am By JD Alois  |  

Following the peer to peer lenders most successful month in August, the EstateGuru’s loan volume has now exceeded €30 million. EstateGuru is an Estonia-based online marketplace for secured property loans. According to information provided by EstateGuru, in August the platform’s originations was nearly €4 million…. Read More

September 14, 2017 @ 5:29 pm By JD Alois  |  

This week the Australian Parliament introduced new legislation that will extend crowdfunding or “crowdsourced equity funding” (as the Aussies call it) to private companies. This is an important fix that will create a far more robust and equitable crowdfunding ecosystem in Australia. Earlier this year,… Read More

September 14, 2017 @ 2:30 pm By Samantha Hurst  |  

On Thursday, AlliedCrowds released the second edition of its Developing World Alternative Finance report. In the latest report, AlliedCrowds examine impact investing in Africa and looked closer at Somalia’s impact landscape. “Development finance is moving from grants and donations to loans and investments, and impact investing is… Read More

September 14, 2017 @ 2:06 pm By JD Alois  |  

Target Global, a venture capital firm based in Berlin, has closed on a new €100 million fund focused on early stage investments in marketplace, mobility, Insurtech, Regtech and Fintech. Target Global Early Stage Fund I will invest in Seed and A rounds, and is expected… Read More

September 14, 2017 @ 11:46 am By Erin Hobey  |  

The FinTech Center of South Korea, chaired by Yushin Jung, held its 20th FinTech Demo Day. In the day’s event, relevant personnel from the Financial Services Commission, Financial Supervisory Services and relevant organizations as well as overseas FinTech support organizations, VCs and Accelerators participated to… Read More

September 14, 2017 @ 8:30 am By JD Alois  |  

Eureeca, a Dubai based multi-regulated global Equity Crowdfunding platform, has shared that it has successfully reached its funding target during its second self-crowdfunding round having raised over $400,000 in just 6 hours. The self-funding campaign represents a portion of an ongoing Series A round, which… Read More

September 14, 2017 @ 8:10 am By JD Alois  |  

Chris Skinner, creator of the Finanser blog, has joined The Token Fund’s advisory board. The Token Fund said the addition of Skinner would enhance the fund’s strategy as it launches a new platform for crypto funds and investors. Skinner’s blog regularly comments on the future… Read More

September 14, 2017 @ 7:55 am By JD Alois  |  

Investoo Group, a lead generation company in the Forex and retail investment industry based in London, has acquired the social trading comparison site SocialTradingGuru.com for an undisclosed fee. Launched in 2012, SocialTradingGuru.com is described as one of the biggest social trading comparison sites and works a number of… Read More

September 13, 2017 @ 2:12 pm By JD Alois  |  

There is a lot going on in the cryptocurrency driven Initial Coin Offering market today. In recent weeks, national regulators have acknowledged the existence of tokenized funding rounds along with the fact that many are really securities and thus regulated. The US Securities and Exchange… Read More

September 13, 2017 @ 8:42 am By JD Alois  |  

Wish Finance, based in Singapore, has announced the launch of its blockchain-based lending platform for small and medium businesses. The company has reportedly issued 100+ loans in 2017 during a soft launch with every loan successfully repaid and 0% default rate. Wish Finance plans to… Read More

September 12, 2017 @ 7:01 pm By JD Alois  |  

Keynote Speakers at LendIt Europe Include: Anthony Jenkins, Renaud Laplanche, Anne Boden, Jaidev Janadarna and more. LendIt Europe, the European event series covering Fintech and lending, has shared its keynote speakers for this years. LendIt expects more than 120 speakers will take to the stage… Read More

September 12, 2017 @ 3:11 pm By Erin Hobey  |  

Goldman Sachs has invested in the UK consumer lender Neyber through its private capital unit by providing £100M of debt and equity financing to Neyber, a fintech start-up providing loans that are repaid out of people’s salaries, reported multiple news sources. Existing investors Gael de… Read More

September 12, 2017 @ 2:22 pm By Erin Hobey  |  

Members of the UK online investment platform SyndicateRoom now have the opportunity to partake in an upcoming IPO for The People’s Trust. The target for the raise is £125 million, with the company listing on London Stock Exchange and the Social Stock Exchange in October 2017. “We’re… Read More

September 12, 2017 @ 11:34 am By Erin Hobey  |  

Orca, an independent data, research, and analysis provider in the UK P2P lending market, recently shared an exclusive update via email: the UK P2P lending market outlook is bright. “We are still seeing very strong growth across the UK peer to peer lending market with cumulative lending surpassing £10… Read More