Global

December 1, 2020 @ 8:59 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), along with its partners the World Bank and the World Economic Forum, hosted a presentation this week outlining its findings in a study reviewing the COVID-19 pandemic and its impact on the Fintech industry. The survey was launched… Read More

December 1, 2020 @ 7:57 am By JD Alois  |  

Payments Fintech Pomelo Pay has raised £2.1 million in a seed funding round led by Force Over Mass, according to a note from the company. Pomelo says the new funding will enable it to grow its hardware-free digital payment service while helping both smaller firms,… Read More

December 1, 2020 @ 7:42 am By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has announced that with the launch of Ethereum 2.0 (a major system-wide update to Ethereum, the world’s second-largest cryptocurrency network), they’re planning to introduce staking rewards for customers. Staking allows users to deposit digital assets on a platform or exchange… Read More

December 1, 2020 @ 7:37 am By Omar Faridi  |  

Fintech Unicorn TransferWise has reportedly managed to acquire a restricted banking license in Australia. The leading money transfer service provider has been approved to gain direct access to Australia’s real-time payment system. The permit has been issued by Australia’s Prudential Regulatory Authority. Under the license,… Read More

November 30, 2020 @ 10:36 pm By Omar Faridi  |  

The Dubai International Financial Centre (DIFC) Fintech Hive, the largest Fintech hub in the MENA region, entered into an agreement with Israel-based Fintech-Aviv on Saturday, November 28, 2020. Founded in 2014, Fintech Aviv aims to cater to the needs or requirements of the Israeli Fintech… Read More

November 30, 2020 @ 9:55 pm By JD Alois  |  

Seedrs continues to update and iterate its secondary marketplace for private securities. As was reported this past summer, Seedrs enabled variable pricing for trading to take place on the market but there were still certain restrictions tied to the last valuation of the company. At… Read More

November 30, 2020 @ 9:36 pm By JD Alois  |  

Payments Fintech Limepay has raised $21 million in what is said to be a pre-IPO funding round. Investors included current backers as well as new high net worth and institutional investors. Ord Minnett acted as lead manager, supported by Prime Financial as corporate and financial… Read More

November 30, 2020 @ 8:21 pm By Omar Faridi  |  

NEO, which describes itself as a “rapidly growing and developing” blockchain ecosystem that aims to serve as the foundation for the next generation of the Internet (or Web 3.0), currently has a market cap of over $1.2 billion with each NEO token trading at over… Read More

November 30, 2020 @ 12:29 pm By JD Alois  |  

  Mintos, a Fintech that recently closed a securities offering on Crowcube, is reporting that it has set a new record when it comes to an offering for a continental European funding round. The offering has raised €7.2 million in total backed by over 7000… Read More

November 30, 2020 @ 11:36 am By JD Alois  |  

Investment crowdfunding platform Engel & Völkers says that following its first project in Spain, the investment platform will expand its partnership with the logistics park in the Villaverde district of Madrid. In September, Engel & Völkers reports that in just 30 hours it raised €2… Read More

November 30, 2020 @ 10:50 am By JD Alois  |  

This past summer, Tandem Bank acquired Allium Lending Group, a green finance platform. The targeted lending platform may boost Tandem’s business in the growing interest of ESG finance. In a note distributed by Tandem, the challenger bank says that more than half the UK population… Read More

November 30, 2020 @ 10:26 am By Omar Faridi  |  

The team at HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, has published a report titled, The State of Bitcoin Mining… Read More

November 30, 2020 @ 10:08 am By JD Alois  |  

Following a successful securities offering on Seedrs earlier this year where EstateGuru raised over €900,000, the Fintech has solidified its expansion into Germany – a country that has long been home to a good number of platform investors. EstateGuru was founded in Estonia in 2013… Read More

November 30, 2020 @ 8:08 am By Omar Faridi  |  

  We recently connected with Luke Stokes, Managing Director for the Foundation for Interwallet Operability as well as the Interim Executive Director for the EOS Foundation, which is focused on supporting the development of EOS, a major platform for building decentralized applications (dApps). Stokes says… Read More

November 30, 2020 @ 6:56 am By Omar Faridi  |  

Bitcoin (BTC) mining difficulty, which aims to measure the amount of resources needed to compete for mining newly minted BTC, had increased by around 9% in the past 24 hours (at the time of writing). According to data from Glassnode, an on-chain market analysis provider,… Read More

November 30, 2020 @ 6:49 am By Omar Faridi  |  

UK-based Paymentology, a payment tech solutions provider, is reportedly working with banks and financial institutions based in the UAE and the Middle East in order to offer digital payments services. Paymentology claims that its payment services will change and improve the way customers conduct transactions… Read More

November 29, 2020 @ 5:36 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, notes in its latest crypto market overview report that it hasn’t seen prices this high since December 2017 (which was during the historic bull market that led to Bitcoin surging to nearly $20,000 and Ethereum reaching a price… Read More

November 29, 2020 @ 4:12 pm By Omar Faridi  |  

Paxful, a leading peer-to-peer cryptocurrency marketplace, recently published the results of a survey performed with assistance from OnePoll on “the state of the financial climate” in the UK. As noted in a blog post by Paxful, sentiments include recent notions about the country’s traditional banking… Read More

November 29, 2020 @ 3:11 pm By Omar Faridi  |  

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider and blockchain explorer service, notes that last year, they had teamed up with digital asset firm CoinShares to introduce DGLD, a crypto-asset representing allocated physical gold that’s kept securely in a Swiss vault. Pellicce… Read More

November 29, 2020 @ 3:08 pm By Xu Gao  |  

Suzhou Will Carry Out Digital RMB experiment on Dec. 12 Suzhou will become the second Chinese city after Shenzhen to carry out a digital RMB experiment, according to a source with knowledge of the matter. On December 12th, the crypto yuan for the experiment will… Read More