Global

June 27, 2017 @ 3:42 pm By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Tuesday it has extended its AML/KYC identity verification global footprint into Thailand. This news comes just a few months after the company expanded its solution into Korea. According to Trulioo, the extended coverage will also help… Read More

June 27, 2017 @ 9:56 am By Erin Hobey  |  

P2P investment platform Abundance launched a unique opportunity for “ordinary people” to invest as little as £5 directly in Atlantis Ocean Energy tidal power and earn 8% p.a. for 5 years, as this innovative renewable energy technology comes of age. The investment is eligible for inclusion in… Read More

June 27, 2017 @ 8:26 am By Erin Hobey  |  

Capital Cell, reportedly Europe’s first equity crowdfunding platform specializing in life science, has been shortlisted for the Best International Growth Business award at the UK Business Angels Association Investment Awards 2017. Capital Cell has been trading in Spain for just over 2 years, successfully closing 14 life… Read More

June 27, 2017 @ 4:46 am By JD Alois  |  

Pointing to the recently published EY Fintech Adoption Index, Australia is doing a bit of chest pounding as their prominence in the Fintech sector rises. In a public release, FinTech Australia says Australia is now a world leader in Fintech adoption jumping ahead of other… Read More

June 27, 2017 @ 4:19 am By JD Alois  |  

OurCrowd, a leading equity crowdfunding platform, has signed a strategic collaboration agreement with LetsVenture, India’s largest marketplace for startup funding. The agreement means that OurCrowd will offer deals to Indian investor syndicates managed by LetsVenture. Simultaneously, OurCrowd will showcase Indian startups on its crowdfunding platform… Read More

June 27, 2017 @ 3:55 am By JD Alois  |  

TransferMoney Latvia, a fast growing European cloud payment institution, has signed up with Accuity to streamline its account and payments screening processes. TransferMoney says the move is to help better identify financial crime risk and flag potentially high-risk customers – always a concern in the… Read More

June 26, 2017 @ 4:30 pm By Samantha Hurst  |  

dLocal, a fintech company specializing in cross-border payments for emerging markets, announced on Monday it has integrated WeChat Pay, AliPay, and UnionPay to its payment platform. According to dLocal, the three providers have collectively captured over 70 percent of the Chinese market, which notably translated into 2.9… Read More

June 26, 2017 @ 3:04 pm By Samantha Hurst  |  

Cross-border payment platform Currencycloud announced on Monday it is teaming up with Hyundai Card to enable the launch of South Korea’s first mobile remittance service provided by a credit card company. The service will be established by Currencycloud and Hyundai Motor Group’s credit issuing arm… Read More

June 26, 2017 @ 7:26 am By JD Alois  |  

European multi-retailer mobile wallet in Yoyo Wallet has announced a £12 million Series B round. The funding was led by the METRO Group Wholesale & Food Specialist Company, an international specialist in wholesale and food retail with top line revenue of about €37 billion a year. METRO… Read More

June 25, 2017 @ 2:44 pm By Barry James  |  

As impact goes it doesn’t get much bigger. Crowdfunding has been much misunderstood and, let’s be honest, has underperformed our best expectations. It was supposed to “democratise finance” – and much more. Much focus has been on equity, regulation and the JOBS Act. The friction… Read More

June 25, 2017 @ 12:40 pm By JD Alois  |  

German real estate crowdfunding platform Sarego that uses platform technology from CrowdDesk, private investors may now invest in the first real estate project on the platform. The project  is for the development company Vermehrt GmbH who is crowdfunding one million euros for the energy-efficient renovation and modernization… Read More

June 24, 2017 @ 10:23 pm By Xu Gao  |  

Chinese Retailer Suning Launches Private Internet Bank Jiangsu Suning Bank Co., Ltd., a private online bank backed by Suning Commerce Group Co., Ltd., officially launched last Friday. Like many of its peers, Suning Bank aims to create an online-to-offline bank driven by technology and taking… Read More

June 23, 2017 @ 2:49 pm By Cole Lyons  |  

The Boston based company Fintech Sandbox and the Ontario Centres of Excellence (OCE) signed a memorandum of understanding (MOU) to work together to bring the Fintech Sandbox model into Ontario and eventually the rest of Canada. The President and CEO of OCE, Dr. Tom Corr,… Read More

June 23, 2017 @ 11:43 am By Samantha Hurst  |  

EXMO, a UK-based cryptocurrency exchange operating in multiple fiat and cryptocurrency pairs, announced on Friday it has added Waves Platform to its list of offered coins. EXMO reports it will initially list the WAVES/BTC pair as well as USD and EUR fiat options. It also supports Russian… Read More

June 23, 2017 @ 6:58 am By Cole Lyons  |  

One of the world’s leading accelerators for Fintech Startups, Starupbootcamps, announced their first round of companies that will join their inaugural program in Mumbai, India. These startups beat out nearly 300 other companies from Asia, Africa, Europe, and the Middle East. Since its launch in… Read More

June 22, 2017 @ 10:25 pm By Therese Torris  |  

Station F, the biggest startup campus worldwide will open in Paris this month with BNP Paribas joining in the fall of 2017. BNP Paribas, the global Top-10 bank headquartered in France, is transferring its Fintech and InsureTech accelerator there with the help of global Plug… Read More

June 22, 2017 @ 12:57 pm By Cole Lyons  |  

The Sydney based Fintech startup, Simply Wall St, announced that it has raised $2.4 million in funding. What makes this especially unique is that all eleven of its investors were users of the company’s service. This round of investing is their first since their $600,000… Read More

June 22, 2017 @ 8:11 am By Jonathan Nieh  |  

Ether, the cryptocurrency which runs the Ethereum blockchain network, fell over 10% the last couple days which was caused by a backlog of network orders from recent Initial Coin Offerings (ICOs). The cryptocoin had reached a high of over $400 a coin earlier this month… Read More

June 22, 2017 @ 4:46 am By Erin Hobey  |  

Since launching yesterday on Companisto, German tech firm Copaltec has raised over 163,790€ from more than 143 investors for 14.63% equity offered. having already surpassed its initial 100K€ goal, the company is now aiming to hit its 600K€ goal within the next 59 days or by 20… Read More

June 22, 2017 @ 3:58 am By Erin Hobey  |  

Payza, a global payments platform,  announced a cryptocurrency exchange expansion to include the “most popular” Bitcoin alternatives. In the majority of the countries where Payza is available, verified Payza members may now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza,… Read More