Uncategorized

March 18, 2019 @ 8:18 am By JD Alois  |  

Peer-to-peer property lender CrowdProperty has launched an equity crowdfunding offer on Seedrs. The campaign has quickly topped the minimum target of £600,000 for a 3.68% equity stake in the platform. CrowdProperty has a pre-money valuation of £15.7 million. In 2017, CrowdProperty listed a pre-Series A… Read More

March 15, 2019 @ 9:34 pm By Samantha Hurst  |  

Just weeks after securing a £100 million grant from the Capability and Innovation Fund (CIF), UK-based banking platform Starling Bank announced it is set to create 150 jobs in its new Southampton office. According to Starling Bank, the office will be open by the summer… Read More

March 14, 2019 @ 1:17 pm By Erin Hobey  |  

The Interchain Foundation, a Swiss non-profit foundation supporting research and development for secure and scalable open-source software, has launched Cosmos Network, a decentralized network of independent, scalable and interoperable blockchains. The Foundation views the Cosmos Network as the next step in the evolution of blockchain… Read More

March 13, 2019 @ 8:06 pm By Cali Haan  |  

As part of its ongoing measures against the “illegitimate regime” of Nicolas Maduro in Venezuela, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Evrofinance Mosnarbank, “a Moscow-based bank that is jointly owned by Russian and Venezuelan state-owned companies.” According… Read More

March 8, 2019 @ 9:02 am By Cali Haan  |  

The Canada Revenue Agency (CRA) has confirmed with Forbes that it is actively auditing over 60 cryptocurrency users/traders considered “highest risk files.” The media outlet also claims that “multiple sources” have confirmed they are the subject of the audits, which involve having to fill out… Read More

March 7, 2019 @ 11:22 am By Erin Hobey  |  

The largest German crowdfunding platform Companisto is in the midst of an INVEST grant self-funding round, the platform’s own equity investment. To date, over €4,420,000, overfunding by 164%, has been raised by more than 448 investors. The amount continues to increase with each click through…. Read More

March 2, 2019 @ 7:42 pm By Cali Haan  |  

Owners of the Kraken cryptocurrency trading platform are offering a $100 ooo USD reward for information that may help recover $190 million USD in funds lost by the Canadian crypto platform QuadrigaCX. Quadriga CX fell apart in January following the untimely death of CEO Gerald… Read More

February 19, 2019 @ 8:18 am By Erin Hobey  |  

Mambu, a Berlin-based fintech SaaS banking platform, has raised $34 million (30 million euros) in a funding round led by U.S. investment firm Bessemer Venture Partners. Action Capital, CommerzVentures, Point Nine Capital and Runa Capital also participated in the round. Mambu will use the funding to invest… Read More

February 6, 2019 @ 2:03 pm By Samantha Hurst  |  

Modular contemporary company nHouse has successfully secured its initial £200,000 funding target through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched in November, just a little over a year after nHouse secured £984,110 through its first Crowdcube initiative. As previously reported, nHouse creates spacious, high-tech,… Read More

January 24, 2019 @ 11:29 am By Cali Haan  |  

The rumoured appointment of a new CEO at cryptomining giant Bitmain does not appear to have enhanced the company’s prospects of going public in Hong Kong, South China Morning News reports. Responding generally to media questions about cryptomining firms seeking IPOs in Hong Kong, Charles… Read More

January 23, 2019 @ 9:59 am By Samantha Hurst  |  

Dash Financial Technologies, a New York-based fintech that specializes in order routing transparency, visualization, and customization solutions, announced on Wednesday it has appointed Scott Patrick as its new Chief Financial Officer. According to Dash Financial, Patrick has 25 years of experience in financial services and financial technology… Read More

January 22, 2019 @ 10:52 pm By Cali Haan  |  

Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More

January 18, 2019 @ 11:14 am By Samantha Hurst  |  

Ford Motor Company, Huayou Cobalt, IBM, LG Chem, and RCS Global announced earlier this week they are using blockchain technology to trace and validate ethically sourced minerals as a way to support human rights and environmental protection while helping infuse more transparency into global mineral supply… Read More

January 14, 2019 @ 10:16 am By Cali Haan  |  

Police in Spain and Costa Rica have arrested 12 individuals they believe kidnapped an American businessperson in Costa Rica on September 24th, 2018, The Daily Mail reports. According to various Costa Rican media, William Sean Creighton, also known as ‘5 Dimes Tony,’ was running the ‘5 Dimes’… Read More

January 4, 2019 @ 11:16 am By Samantha Hurst  |  

MyCarNeedsA.com, a comparison website that drivers use for all their car aftercare needs including car repair and maintenance, has successfully secured its initial £900,000 funding target through its equity crowdfunding round on Seedrs. The campaign, which was launched November, has attracted more than 200 investors. As previously reported, MyCarNeedsA… Read More

January 3, 2019 @ 1:37 pm By Samantha Hurst  |  

BitTorrent, Inc., the company behind P2P communications protocol and products, BitTorrent and µTorrent, announced on Thursday the launch of its new token, which aims to expand upon its vision of a decentralized internet. According to BitTorrent, the new token, also called BitTorrent (BTT), will enable… Read More

December 17, 2018 @ 4:25 pm By Samantha Hurst  |  

Goldex, a UK-based trading technology platform that allows users to invest in physical gold, announced last week it secured more than £1 million through its pre-series A round, which was reportedly led by a group of prominent angel and institutional investors in the financial, payment and… Read More

December 13, 2018 @ 12:00 pm By Samantha Hurst  |  

Entersekt, a mobile-first fintech solutions firm, announced on Thursday it has received EMVCo certification for its e-commerce authentication solution, the 3-D Secure 2 access control server. According to Entersekt, EMVCo is a payments industry consortium managing global specifications for secure card-based e-commerce transactions. Entersekt reported it has… Read More

December 10, 2018 @ 8:11 am By Samantha Hurst  |  

KoreConX announced over the weekend it has formed a partnership with Metis Management Consultancy, a UAE-grown consultancy firm focused on providing services to SMEs in the MENA region. KoreConX reported that Metis will become part of the KorePartner’s Ecosystem, which is described as a group of selected… Read More

December 7, 2018 @ 12:34 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has just published the agenda for the 2018 Government-Business Forum on Small Business Capital Formation. An annual event, this year’s Forum will take place in the Heartland of Ohio hosted by Ohio State University, Max M. Fisher College of… Read More