Global

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

September 12, 2017 @ 11:22 am By JD Alois  |  

The Financial Conduct Authority (FCA) has issued a consumer warning regarding Initial Coin Offerings (ICOs). The FCA’s actions are similar to multiple national jurisdictions that have published warnings, or in the case of China – simply shut them down altogether. As for whether or not… Read More

September 12, 2017 @ 11:03 am By JD Alois  |  

The Dubai Financial Services Authority (DFSA) and Securities Commission Malaysia (SC) have entered into an agreement to cooperate in the development of Fintech.  According to both parties, this agreement reflects efforts by both authorities to provide a robust regime that fosters financial innovation in the… Read More

September 11, 2017 @ 7:01 pm By JD Alois  |  

So the other shoe has apparently dropped in China. Following a ban on Initial Coin Offerings, reportedly Chinese officials will ban all crypto-exchanges thus impacting the trading of Bitcoin, Ethereum and all other digital coins. This is according to a report in WSJ.com that cites… Read More

September 11, 2017 @ 11:17 am By JD Alois  |  

PledgeMe, a New Zealand based crowdfunding platform, has announced an expansion into Australia just as equity crowdfunding regulations are scheduled to change. Australia has been slow to improve their regulatory environment for raising capital online but improved rules will be in place soon. “Australia is… Read More

September 11, 2017 @ 9:02 am By JD Alois  |  

SWC Enterprise, said to be the fastest growing houseware retail store in Malaysia, recently launched an equity crowdfunding offer on Fundedbyme. The campaign has successfully raise 281% from its minimum target of MYR 1,002,728 (about USD $238,858), the total amount has been achieved MYR 2,847,146… Read More

September 11, 2017 @ 8:29 am By JD Alois  |  

Switzerland’s startup accelerator, F10, has announced it is now accepting applications for its “P2” program. The latest round of applications commences today (September 11th), and is open to all startups in Fintech, Regtech, and Insurtech. 15 Places are said to be available for the first round… Read More

September 10, 2017 @ 9:04 pm By JD Alois  |  

FinTech Australia is sharing that two of their members have been selected to participate in the Swift global FinTech challenge at LATTICE80 on 13 and 14 September 2017. This past June, SWIFT offered Fintech companies from around the world to develop new overlay services that leverage… Read More

September 10, 2017 @ 8:15 am By JD Alois  |  

N26, a digital only challenger bank based in Germany, has installed Mambu’s software to power its online banking service. Prior to receiving its full banking license in 2016, N26 utilized a partner banks platform. After its banking license was approved,  N26 used an in house… Read More

September 10, 2017 @ 6:45 am By JD Alois  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has announced that it has received 166 applications from over 39 countries for its inaugural FinTech Abu Dhabi Innovation Challenge. The global participation was accomplished in less than two weeks with outreach coordinated by ADGM AND KPMG. Each applicant has… Read More

September 10, 2017 @ 6:22 am By JD Alois  |  

Cloud Lending Solutions, a company that provides turnkey online lending and leasing software, has received an investment from ABN AMRO’s Digital Impact Fund (DIF). The corporate VC fund focuses on strategic investments in companies that facilitate the digital transformation for ABN AMRO and its clients. DIF… Read More

September 8, 2017 @ 10:45 am By JD Alois  |  

Robo.cash, an automated peer to peer lending platform that includes a buyback guarantee, is reporting steady growth during the period from March 1st to August 31, 2017. The young lender says the total amount of investments now exceed €1.8 million. Approximately €400,000 in loans were… Read More

September 8, 2017 @ 9:58 am By JD Alois  |  

According to a census taking by EY and Innovate Finance (on behalf of HM Treasury), UK Fintech firms are quite bullish on their prospects in the coming year. The report, the 2017 UK FinTech Census, states that about half of the firms polled expect revenue… Read More

September 8, 2017 @ 9:26 am By JD Alois  |  

The United Kingdom and Singapore has held their third UK-Singapore Financial Dialogue in Singapore today (September 8).  According to information provided by the Monetary Authority of Singapore, the two countries exchanged views on domestic and international financial market developments and covered a broad range of… Read More

September 7, 2017 @ 8:00 pm By JD Alois  |  

Joe Seunghyun Cho is the founder of LATTICE80 – the largest Fintech hub in the world. But he is also the co-founder and Chairman of Marvelstone Group, a Singapore based private investment group.  Marvelstone looks to invest in financial services, tech, real estate, infrastructure, energy… Read More

September 7, 2017 @ 2:30 pm By Samantha Hurst  |  

Securrency, a RegTech company with a platform designed to streamline regulatory compliance for token offerings, announced on Thursday it has signed an extensive strategic partnership with Humaniq, an Ethereum-based Blockchain ecosystem looking to bring financial inclusion to over 2 billion unbanked people globally. According to… Read More

September 7, 2017 @ 1:11 pm By Erin Hobey  |  

Farmaconfianza.com recently synced with Crowdcube Spain for its equity crowdfunding campaign and just surpassed its 350,000€ goal with the help of over 100 investors for the 13.12% equity offered. Founded in 2013, Farmaconfianza.com initially sold parapharmacy items online in response to a crisis situation. Since then, Farmaconfianza has… Read More

September 7, 2017 @ 12:10 pm By Erin Hobey  |  

Money transfer without borders. Smart Transfer officially launched it P2P mobile payment platform that enables international social payments across multiple currencies at no charge to users.  Aside from bank accounts, Smart Transfer allows international money transactions to be made to any phone number, email address… Read More

September 6, 2017 @ 4:00 pm By JD Alois  |  

The Initial Coin Offering (ICO) market is going through a turbulent period of change and regulation. Following an incredible rise of the new form of raising capital online, regulators around the world are pumping their rule making breaks to slow down cryptocurrency based securities offerings…. Read More

September 6, 2017 @ 9:33 am By JD Alois  |  

Latvia based Mintos has reached a new milestone having now topped  €300 million in online loans since platform launch two years ago. Mintos reports that more than €200 million has been invested in 2017 alone, making Mintos a market leader in continental Europe claiming a… Read More