Global

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

Blockchain Being Used to Power Renewable Energy Grid in Brooklyn

Correction: a previous version of this article stated that LO3’s blockchain technology was based on Ethereum. LO3 currently uses their own proprietary private blockchain technology. According to an article published by Politico last month, a pilot program was launched in a neighborhood of Brooklyn that… Read More

Challenger Bank BNI Europa Announces “Puzzle”, an Online Lender to Streamline Consumer Credit

While some Fintech firms have started with online lending only to push into other verticals, BNI Europa – a digital only challenger bank – went the banking route first and is now providing consumer credit. Announced today, “Puzzle“, as it has been named, is the… Read More

Assetz Capital to Expand UK Broker Network to Further Scale P2P Business

Assetz Capital, a fast growing peer-to-peer finance platform, has outlined its intent to further develop its nationwide broker network, supported by its rapidly growing Regional Relationship Director team. The P2P lender explains that since 2014 brokers have played a key role in referring many small… Read More

New Routes to Funding: What I Learned from Writing the Book

  The thing that has struck more most forcibly is just how much untapped potential there is here – and how badly it is going to be needed. I’ve lived near the leading edge of technology for several decades now and seen how it has… Read More

Starta Accelerator Says $5 Million Raised in ICO

Starta Accelerator has announced that during the ICO of Cross Coin, a Singapore-based company, $5 million in cryptocurrency was raised for investment in the tech start-ups within Starta Accelerator, a Russian and US initiative. The offer was announced this past June. Starta reported that $1.5 million… Read More

Seedrs Turns Five: CEO & Co-Founder Jeff Lynn Publishes Letter to Supporters

Seedrs is one of the largest investment crowdfunding platforms in the UK. It is also one of the largest platforms in the world. Today, Seedrs is celebrating its 5th year of operation. Over the years the platform has experimented and grown its online funding business… Read More

Crowdcube Has Now Topped €10 Million in Crowdfunding for 47 Companies in Spain

  Crowdcube Spain is reporting it has no crowdfunded € 10,079,728 for 47 different Spanish companies since the Barcelona based platform launched in July 2014. Additionally, Crowdcube shares that momentum has increased as during the first 6 months of 2017 the platform has funded €3.185 million –… Read More

Singapore and Denmark Sign Fintech Pact

The Monetary Authority of Singapore (MAS) and has announced they have entered a Fintech agreement with the Danish Financial Supervisory Authority (Danish FSA). This new collaboration will allow companies in both Singapore and Denmark to expand into each other’s markets more fluidly. Over the past couple… Read More

London & Partners Have No Fear: Record Level VC Investment Secures London’s Undisputed Tech Leadership

Record levels of venture capital investment at the start of 2017 has helped London retain its crown as Europe’s number one tech hub for global investors, according to new data from London & Partners, the Mayor of London’s promotional agency. “London remains Europe’s leading hub… Read More

GoFundMe Supporters Fight for Charlie Gard’s Medical Treatment

The case of Connie Yates and Chris Gard, whose infant son Charlie was born last August is neither able to breathe nor move on his own, appeared to have come to an end last week when courts ruled that the baby’s rare genetic condition was incurable and that the… Read More

Hanging Ten: Deloitte CIS Partners with Waves to Provide ICO and Blockchain Solutions

Deloitte CIS and Waves Platform, a leading developer of blockchain solutions, signed a memorandum on strategic partnership. The partnership is aimed at providing clients with comprehensive ICO services and customized blockchain solutions tailored for specific business tasks. Waves Blockchain Platform will provide technology solutions for the introduction… Read More

CEO Natalia Karayaneva: Propy Utilizes Ethereum Blockchain for its Cross-Border Real Estate Marketplace

Propy announced plans for its global property store and decentralized title registry, created to put the $340 billion cross-border real estate market on the blockchain. Launched in 2016 by CEO Natalia Karayaneva and CFO Maria Angelova, Propy Registry aims to solve current real estate investment inefficiencies… Read More

New Marketplace Vivriti Capital Aims to Address Indian End-to-End Financial Service Requirements

Vivriti Capital has launched in India, aiming to provide a financial services marketplace that will provide a comprehensive range of offerings across the lifecycle of customers that lack access to efficient finance. Vivriti Capital offers loans, receivables finance, working capital, structured debt and capital market instruments, seeking to transform the fragmented… Read More

Hong Kong Resurgence: Asian Financial Center Targets Fintech Dominance

A Discussion with Charles d’Haussy, Head of Fintech, InvestHK. Hong Kong has been a definitive leader in global finance and trade for many decades. Yet when it comes to Fintech, embracing financial innovation has been slower than some other centers of alternative finance. But recently Hong… Read More

Robo.Cash & Latvian Alternative Financial Services Association to Jointly Develop P2P Tech

ROBO.CASH and Latvian Alternative Financial Services Association have announced their intent to develop peer-to-peer technologies in Latvia. ROBOS.CASH is a part of the European financial holding group with affiliated credit companies in Spain (Prestamer.es), Russia (Zaymer.ru, FinTerra) and Kazakhstan (Zaimer.kz). The group, founded by Sergey… Read More

New Milestone: Orca Celebrates P2P Lending Achieving £10 Billion Mark (Infographic)

Orca Money, an independent data, research, and analysis provider in the UK P2P lending market, announced on Wednesday the peer-to-peer lending industry has surpassed its £10 billion mark. While sharing details about the new milestone, Orca stated: “Peer-to-peer lending has reached a significant milestone since Zopa launched… Read More

London Co-Investment Fund, Sponsored by London Mayor, Tops £5 Million in Startup Investment

The Mayor of London’s post-referendum start-up investment fund has now delivered over £5.3 million to 32 high growth tech companies since the EU referendum pushed the UK to back away from continental Europe. The London Co-Investment Fund (LCIF) has reportedly invested in early stage companies specialising… Read More

Boasting Prominent Investors, Plum AI Chatbot for Personal Finance Launches Equity Crowdfunding Round on Seedrs

Plum, an artificial intelligence (AI) chatbot for personal finance, has launched a crowdfunding round on Seedrs. The offer is seeking £700,000 for a convertible that allows investors to purchase shares at a 20% discount at some point in the future. The EIS eligible listing has… Read More

Crowd2Fund Says Their Secondary Market is Booming

Crowd2Fund’s Exchange, a secondary market for crowdfunded investments, is apparently experiencing solid utilization according to a release by Crowd2Fund. Launched 18 months ago, Crowd2Fund states it is benefiting from a “significant increase in activity in line with the platform’s exponential growth this year.” Investors using the… Read More

CrowdRating Says 96% of Businesses that Received a Gold Rating are Still in Business

CrowdRating, a UK platform that rates equity crowdfunding offers, has released a note stating that 96% of the companies whose campaigns received a Gold Investment rating from the platform – and closed at least a year ago – remain in business. In fact, CrowdRating states… Read More

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