Global

August 29, 2017 @ 12:50 pm By Niels Turfboer  |  

Sites like Expedia and Booking.com have transformed the travel industry; can comparison sites do the same for financial services? By now we are all familiar with travel comparison sites like Expedia and Booking.com. Plug in your details and the computer will come up with a selection of options –… Read More

August 29, 2017 @ 11:37 am By Erin Hobey  |  

  Burger King Russia’s adoption of Waves Platform for its loyalty program shows that Distributed Ledger Technology could one day become as mainstream as burgers and fries. Fast food giant Burger King Russia has announced its new blockchain loyalty program, hosted on the Waves platform. Whoppercoin –… Read More

August 29, 2017 @ 11:16 am By Erin Hobey  |  

The Central Bank of Bahrain (CBB) has announced two entrants into its regulatory sandbox:  Tramonex, a London-based forex cash management solution for businesses and NOW Money, the Dubai-based account and remittance service for low-income workers in the GCC. “We are pleased to welcome the first… Read More

August 29, 2017 @ 9:17 am By JD Alois  |  

  The Singapore Payments Council has created a task force to develop a common QR Code for the country. This is part of a broader initiative of establishing interoperable electronic payments. Singapore is keen to facilitate digital transactions. Council members advocated the use of QR… Read More

August 29, 2017 @ 9:00 am By Erin Hobey  |  

Agency 2.0, a leading LA-based crowdfunding marketing agency and Platform88, a Shanghai-based distribution, engineering, manufacturing and prototyping company announced a new strategic partnership to deliver end-to-end crowdfunding services to clients across the globe. This collaboration will enable clients access to a broad portfolio of solutions… Read More

August 29, 2017 @ 7:46 am By JD Alois  |  

ID Finance, an emerging markets focused Fintech company, is now listing investment opportunities on the Mintos marketplace incorporating prime personal loans issued under its Solva brand in Georgia. Solva is a fully owned ID Finance subsidiary in Georgia that has disbursed 28,000 personal loans worth… Read More

August 28, 2017 @ 11:07 pm By JD Alois  |  

  Snowball Effect received the very first equity crowdfunding license offered to a funding portal in New Zealand three years ago. The Financial Market Authority granted a license that became effective on July 30, 2014.  The event ushered in a new era of online investment in New… Read More

August 28, 2017 @ 6:18 pm By JD Alois  |  

The Federal Council of Switzerland is out with a note regarding Fintech. Federal Councillor Ueli Maurer is apparently doing a swing through the Swiss Fintech scene to improve awareness and relationships. The Federal Council, the highest executive authority in the country, is made up of… Read More

August 28, 2017 @ 2:03 pm By JD Alois  |  

The Canadian Securities Administrators (CSA) have posted a notice regarding companies that are using Initial Coin Offerings (ICOs) to raise capital online. The CSA published a Staff Notice, 46-307 Cryptocurrency Offerings, noting that issuers may need to comply with existing securities law. Canada is the… Read More

August 28, 2017 @ 8:40 am By Samantha Hurst  |  

LATTICE80, a fintech hub owned and operated by Singapore-based private investment firm Marvelstone Group, announced on Monday it is set to open a fintech hub in London as part of its global expansion. The organization revealed that as of August 2017, its UK entity has… Read More

August 28, 2017 @ 6:47 am By JD Alois  |  

FundedByMe has announced that Privanet has acquired a 34.4% ownership stake in FundedByMe Finland OY. Privanet operates in Finland and is the owner of the crowdfunding platform AROUND. Privanet is an investment services group specializing in trading of unlisted shares and corporate financing needs. Privanet is licensed… Read More

August 27, 2017 @ 7:32 pm By JD Alois  |  

    For the moment, there is no stopping the hype swirling around the hot Initial Coin Offering market. Even the SEC’s comment that it expects ICOs that are deemed to be securities to file an exemption has just been a minor bump in the… Read More

August 27, 2017 @ 6:00 pm By JD Alois  |  

Investment crowdfunding platform Equitise has launched a self-crowdfunding round on its own platform. Opened only for wholesale and sophisticated investors, during the next four weeks Equitise is seeking A$ 1.25 million for platform growth. The company states that A$250,000 is already being underwritten by an… Read More

August 25, 2017 @ 11:18 am By Erin Hobey  |  

The Berlin-based dental-tech company Natural Dental Implants AG focusing on manufacturing replicates of lost teeth consisting of the root and the crown. Its Replicate System aims to make drill a thing of the past. After four years of testing in Germany and internationally, NDI AG has… Read More

August 25, 2017 @ 10:19 am By JD Alois  |  

The board of directors of Monitise plc (AIM:MONI) has approved the acquisition of the company by Fiserv (NASDAQ: FISV). The cash offer will see shareholders receiving 3.1 pence per share as soon as practical and no later than 14 days after the effective date. Fiserv has created a section on their… Read More

August 25, 2017 @ 8:51 am By JD Alois  |  

ONE, the German Insurtech company, has thrown down the gauntlet claiming they will outgrow US based Lemonade in service growth.  Lemonade is one of the highest profile Insurtech platforms that is doggedly rolling out across the US. Starting first with homeowners / renters insurance, Lemonade… Read More

August 25, 2017 @ 2:00 am By JD Alois  |  

The 2017 shortlist of academic entrepreneurs for Scotland’s company creation competition has been announced today. The nominees represent 12 Scottish universities from across the country and 44% of this year’s finalists are female showing increased female participation versus year prior. Converge Challenge is Scotland’s leading… Read More

August 24, 2017 @ 10:32 pm By JD Alois  |  

The United Kingdom has been leading the Euro-pack when it comes to Fintech investment for many years. A combination of a robust early stage funding ecosystem and a regulatory environment that has embraced disruption (and competition) in financial services have been vital catalysts. But what… Read More

August 24, 2017 @ 12:12 pm By Samantha Hurst  |  

This week, the World Economic Forum released its latest report, Beyond Fintech: A Pragmatic Assessment Of Disruptive Potential In Financial Services. According to the organization, the report represents the culmination of three years of research into the transformation of financial services prepared by the World Economic Forum… Read More

August 24, 2017 @ 7:21 am By JD Alois  |  

Assetz Capital, a UK based peer-to-peer lending platform, has announced another milestone. Today the platform has shared that investors in aggregate have earned gross returns of more than £25 million on their investments in approximately four years. Assetz Capital says lenders earned an average of… Read More