February 16, 2020 @ 10:58 am By Timothy Li  |  

Part 7 of a series of articles covering the fast-emerging Fintech ecosystem in Latin America. First I want to thank FinnoSummit and LendIt and all the attendees to give us a glimpse of what’s coming to this all so important part of the world, Latin… Read More

February 16, 2020 @ 10:22 am By Omar Faridi  |  

JPMorgan Chase, the world’s sixth-largest bank in terms of total assets, has reportedly sent a letter to several Fintech firms in which it cautioned that they will no longer be allowed to access customer data unless they accept the terms of a new data access… Read More

February 16, 2020 @ 10:07 am By Omar Faridi  |  

India-based CoinDCX, a leading digital asset exchange and liquidity aggregator, recently confirmed that it has teamed up with major multinational crypto-asset trading platform for futures and derivatives, OKEx.  As noted in a press release shared with Crowdfund Insider: “With this partnership, OKEx will gain access… Read More

February 15, 2020 @ 5:01 pm By Omar Faridi  |  

Blockstack PBC confirmed on January 29, 2020 that it has successfully completed its “Milestone II,” which reportedly unlocked $6.8 million in funding from its token offering (ICO), conducted in 2017. The Blockstack project developers claim they’ve now onboarded 1 million verified users, which is a… Read More

February 15, 2020 @ 12:00 pm By Omar Faridi  |  

Leading US-based crypto venture capital funds are investing in a relatively small Asian digital asset firm that claims that it has facilitated the trade of $100 billion in crypto-assets since 2018.  Paradigm, Pantera Capital, Coinbase Ventures, Fenbushi Capital, Polychain Capital, and Blockchain.com have collectively invested… Read More

February 15, 2020 @ 10:21 am By Omar Faridi  |  

bZX, a leading Ethereum-based decentralized finance (DeFi) lending protocol has reportedly been exploited. Although the exact amount of Ether (ETH) lost due to the exploit has not been confirmed, Kyle Kristner, co-founder at bZx, says “a portion of ETH [was] lost.” As reported by The… Read More

February 15, 2020 @ 9:53 am By Omar Faridi  |  

Swedbank AB, a Nordic-Baltic banking group headquartered in Stockholm, Sweden, has reportedly chosen payment services and infrastructure company SIA to help it send instant payments via the EBA Clearing’s RT1 platform. Swedbank provides retail banking, asset management, and various other financial services. Swedbank has more than… Read More

February 15, 2020 @ 9:21 am By Omar Faridi  |  

Input Output Hong Kong (IOHK), the main software firm behind the development of Cardano (ADA), one of the largest platforms for deploying decentralized applications in terms of market cap, confirmed on February 14, 2020 that it had donated $500,000 in ADA tokens to support the… Read More

February 14, 2020 @ 11:20 pm By Samantha Hurst  |  

Cryptocurrency exchange platform Coinbase announced earlier this week that Coinbase Custody completes two System and Organization Controls (SOC) examinations. The examinations, SOC 1 Type 2 (SOC 1) and SOC 2 Type 2 (SOC 2) were done for the period of July 1, 2019 to December… Read More

February 14, 2020 @ 11:08 pm By Samantha Hurst  |  

Small business lending platform and fintech Numerated announced this week an expansion of its platform to support banks’ full suite of business banking products. The platform will now be offering pre-filled digital applications across business banking products, and a range of digital lending and account… Read More

February 14, 2020 @ 10:58 pm By Samantha Hurst  |  

Toast, a U.S.-based restaurant management fintech platform, announced on Friday it secured $400 million through its Series F funding round, which was led by Bessemer Venture Partners, TPG, Greenoaks Capital, and Tiger Global Management with participation from Durable Capital Partners LP, TCV, funds and accounts… Read More

February 14, 2020 @ 1:51 pm By Samantha Hurst  |  

Japan-based crypto tech platform Bitcoin.com announced on Thursday the launch of Mint, a free token creation platform. According to Bitcoin.com, Mint was created to Mint to “drive blockchain adoption as it fuels the development of a vast new token ecosystem.” “Mint supports a specific type of… Read More

February 14, 2020 @ 1:12 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Thursday it is set to host its inaugural Women in Business Empowerment Workshop. According to Lendio, the workshop designed to address the challenges faced by female entrepreneurs and will provide insight into what it takes to set up a… Read More

February 14, 2020 @ 12:47 pm By Samantha Hurst  |  

Just a little over a year after raising £1,496,600 in funding through its previous Crowdcube round, the self-proclaimed Airbnb for boats, Borrow A Boat, has returned to the equity crowdfunding platform to raise an additional £1.5 million in funding. The company is currently offering 20.00%… Read More

February 14, 2020 @ 10:17 am By JD Alois  |  

Smartlands, a blockchain based Fintech that lays claim to tokenizing the first real estate offering in the UK, says it will revise and expand its legal framework by basing future projects on Lichtenstein law. Lichtenstein has created digital asset friendly regulation as it attempts to… Read More

February 14, 2020 @ 9:51 am By Omar Faridi  |  

The developers of the Suterusu protocol are presently working on a scalable, privacy-preserving second layer solution for secure digital asset management. Any crypto-asset, including Bitcoin (BTC) and Ether (ETH), may soon be used to conduct fully anonymous transactions using the Suterusu protocol. Suterusu’s technology, ZK-ConSNARK,… Read More

February 14, 2020 @ 9:43 am By Omar Faridi  |  

Liquid.com, a globally accessible digital asset exchange, confirmed on February 11, 2020, that Two Prime’s inaugural FF Token, the FF1, will be officially introduced and be available for trading “exclusively” on the exchange, beginning February 25, 2020. According to Liquid’s website, the company has facilitated… Read More

February 14, 2020 @ 9:23 am By Omar Faridi  |  

Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and digital platform aim to simplify the process of buying and managing Digix’s native DGX token. The token was launched to meet the increasing… Read More

February 14, 2020 @ 8:03 am By Samantha Hurst  |  

Flywire, a U.S.-based fintech firm that provides global payment and receivables solutions for education, healthcare, and commercial enterprises, announced on Thursday it has acquired healthcare technology platform Simplee. The acquisition comes just after the company raised $120 million through its Series E funding round, which… Read More

February 14, 2020 @ 7:50 am By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Thursday it has joined forces with the Imperial College Business School for a new climate risk management partnership.   According to Standard Chartered, the collaboration aims to discover new… Read More