Global

We find Fintech news from around the world and share it with you here.

RegTech Startup Securrency Announces Partnership With International FinTech Firm Humaniq

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

¡Buen Trabajo! Farmaconfianza Overfunding on Crowdcube Spain

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

P2P Mobile Wallet Smart Transfer Goes Global Via Phone, Email address & Social Media

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

Digital Assets Predicted to Rise to $1 Trillion in Less than 2 Years

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

Mintos Reports Topping €300 Million Milestone in Online Lending

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

Revolut Brings Pre-Registration & Free Global Transfers to US Market

Americans and expats will soon be able to send free international money transfers, exchange currencies with the real exchange rate and spend without fees anywhere in the world, according to London-based Revolut, who announced that its pre-registration for American customers is now live. “America is… Read More

Hong Kong Joins Growing List of Countries Warning that ICOs May Be Securities (and thus regulated)

Hong Kong has released a statement on the use of initial coin offerings (ICOs) warning issuers and platforms alike that certain ICOs may be deemed securities and thus fall under existing securities laws. The Securities and Futures Commission (SFC) said it has noticed an increase in… Read More

Back to School, Disruption Encouraged: Starta Accelerator Selects Newest Startup Batch

The fourth batch of companies for the NYC’s Starta Accelerator includes 13 technological startups that will participate in the acceleration program and receive seed investment, bringing the gap between Eastern European and American tech. The program will start in mid-September and last for 3.5 months…. Read More

Brief: German Platform Friendsurance Seeks to Disrupt Australia P2P Insurtech

The Berlin Insurtech company Friendsurance has now expanded its business to Australia, launching the “Cashback Bike Insurance,” the platform’s first P2P insurance solution outside of Germany. “In Germany, we have well over 100,000 customers, but that’s only the beginning. Friendsurance was from the outset was envisioned… Read More

Service Octopus Aims to Clean Up on Crowdcube: Funds to Be Used for Marketing, Sales & Growth

Service Octopus, a UK’s price comparison and online booking platform for professional cleaning services, recently launched an equity crowdfunding round on Crowdcube to fast track its growth, sales and marketing plans. The Service Octopus team has set its initial crowdfunding goal at £125,000 in exchange for… Read More

Peer to Peer Lender Amartha Partners with Largest State Owned Micro-credit Company in Indonesia

Peer to peer lender Amartha has formed a partnership with the largest state-owned micro credit guarantee company in Indonesia, Perum Jamkrindo. This follows a similar partnership with Bank Mandiri. Amartha is an online lender designed to connect Micro Businesses and SMEs that seek affordable working… Read More

CrowdExplorer Wins Fintech Award at Digitale Innovations Competition

CrowdExplorer, a marketplace for “Crowd-investing”, has won the special prize for “Fintech” at this year’s “Digitale Innovations” competition. The startup from Berlin is working on their mission of becoming the first international broker for crowdfunding and alternative finance. At this year’s IFA in Berlin, the… Read More

WorldFirst’s World Account Offers Global Payments in Local Currencies

Following a successful Beta trial and over 1000 registrations, WorldFirst has launched their newest offering the “World Account” for online money transfers. The World Account is launching as a free service with no hidden fees or charges on FX transfers or to open or maintain… Read More

Here is the Document by the PBOC Outlining China’s Stance on ICOs

As was announced yesterday, China government officials have pushed pause on the initial coin offering (ICO) market with a strong statement effectively banning any tokenized offerings in the near term. The actual document, released by the People’s Bank of China, may be found here in… Read More

Assetz Capital Receives Full FCA Authorization, Now Second Largest UK P2P Lender

Assetz Capital, one of the largest peer-to-peer lending platforms in the UK, has announced it has received full authorization from the Financial Conduct Authority (FCA).  Additionally, Assetz Capital has claimed second place in the ranking of UK’s largest P2P lenders as it reports lending in excess… Read More

Singapore-Korea Fintech Collaboration: Marvelstone Group & Seoul Metropolitan Sign MOU

  Marvelstone Group, the creators of LATTICE80 in Singapore, has signed a memorandum of understanding (MOU) with the Seoul Metropolitan Government to partner on Fintech. Earlier today, a signing event took place at LATTICE80 where representatives of Marvelstone Group joined with representatives from South Korea… Read More

CoAssets Enters into Share Sale & Purchase Agreement with Hong Kong based Brighten Management Limited

CoAssets Limited (ASX: CA8), an online crowdfunding platform based in Singapore, has announced two items designed to fuel the company’s next phase of growth as it seeks to transform into an “online financial institution” and to create a more diversified credit landscape. CoAssets has entered… Read More

Seedrs Receives £4 Million Investment from Woodford Investment Management [u]

Seedrs, one of the largest equity crowdfunding platforms in the UK, has received a follow on investment of £4 million from Woodford Investment Management. The new funding values the online investment platform at £40 million on a pre-money basis. Woodford previously backed Seedrs with £6… Read More

Rebecca James Joins Prospa as Chief Marketing & Enterprise Officer

Prospa , a leading online lender catering to Australian SMEs, has appointed Rebecca James as its new Chief Marketing and Enterprise Officer. Prospa said the move was indicative of platform growth and the need to boost its executive bench. Prospa has been recognized as the Best… Read More

Report: Blackmoon Financial Said to Raise Over $9 Million in ICO Pre-sale

Blackmoon Financial Group, an online lending platform and SaaS provider, announced last month its new Blockchain based service designed to power tokenized investment funds labeled Blackmoon Crypto. The new vertical strives to be a one stop solution for asset managers  to create, and manage legally, compliant… Read More

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