The Dubai Financial Services Authority Signs MOU with Lebanon’s Capital Markets Authority

The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with Lebanon’s Capital Markets Authority (CMA). The agreement is said to enhance information sharing and cooperation around supervisory issues, further extending the existing relationship between the two markets. DFSA has recently been… Read More

The Centre for Finance, Technology, and Entrepreneurship Partners with LATTICE80 in Singapore

The Centre for Finance, Technology, and Entrepreneurship (CFTE), a UK based education platform for the finance industry, is has partnered with LATTICE80, an international Fintech hub based in Singapore. The partnership between the two entities is designed that to spur the growth of Fintech within… Read More

Filecoin Provides Details on Huge ICO on CoinList

Filecoin, by Protocol Labs, closed their Initial Coin Offering on September 7th but it appears it has taken some time to regroup and count all of the digital coin that flooded into the first ICO to bless the pages of CoinList. The Filecoin team explained:… Read More

JPMorgan Chase is Buying Bitcoin, So Why is Jamie Dimon Calling it a Fraud?

Oh the irony. JPMorgan Chase CEO Jamie Dimon has been widely reported as bashing Bitcoin and cryptocurrency in general. Speaking at CNBC‘s Delivering Alpha conference, Dimon was asked a direct question as to his belief that Bitcoin was a fraud. Dimon separated Blockchain (Distributed Ledger… Read More

P2P Lender Bondora Tops €100 Million in Lending

In a recent post on Bondora, the Estonian peer to peer lender, the company announced that it had surpassed €100 million in loan originations. As Bondora states, the platform has now lent €102 million, paying out €15 million in interest to 28,541 investors. Bondora has also reached cash… Read More

ICOBox Raises 3933 BTC in Initial Coin Offering

The ICO for ICO’s – ICOBox Token Sale has attracted 3933 BTC in its token (ICOs) crowd sale. At current exchange rates, ICOBox has raised over USD $14.5 million. The offer was launched on August 15 and closed 32 days later. The ICO was impacted… Read More

China: WeiyangX Fintech Review

China’s first and biggest bitcoin exchange BTCC is shutting down Early this month, PBOC, China’s central bank, placed a blanket ban on ICOs, which fueled speculation that China was on the way of a broader control and curb towards cryptocurrency market. There hasn’t been any… Read More

Monzo Asks Community to Decide on ATM Fee Pricing

Earlier this week, Crowdcube alum and challenger bank Monzo announced it was asking the Monzo Community to decide on ATM fee pricing. It was revealed: “We launched the Monzo Alpha back in October 2015 to a few hundred people. At the time, we said ‘we’re committed to launching… Read More

Tech City Opens Registration for “Fintech For All 2017” Competition

Tech City UK recently opened registration for its Fintech for All 2017, which is described as a competition to find fintech startups that make financial services work for everyone. Full description reads: “Access to financial services is an important part of everyday life. However, millions… Read More

Cloud Lending Solutions Forms Partnership With Fujitsu to Provide Lending & Leasing in Japan

Cloud Lending Solutions, a cloud-based lending platform, announced earlier this week it has formed a partnership with Fujitsu Limited, an information and communication technology (ICT) company, to bring cloud-based lending to its business practice, starting with Japan. Cloud Lending reports that the partnership presents a tremendous… Read More


Lock ‘Em Up: Ezubao Fraudsters Sent to Prison for Largest P2P Lending Scam Ever

Ezubao executives are looking at doing some hard time following the conclusion of proceedings at Beijing No. 1 Intermediate Peoples Court. Ezubao maintains the ignominious record of the largest peer to peer lending fraud ever. The Ponzi scheme has been estimated at pilfering over $7.7… Read More

TraneAi Delays $50 Million ICO Due to Shifting Crypto Market

TraneAi, a company targeting the artificial-intelligence market, announced earlier this month its intent to list a $50 million Initial Coin Offering for tokens to seed the a decentralized, open-source AI-development ecosystem built on blockchain technology. That is no longer the case as the ICO, based… Read More

DiversyFund Sells Pre-IPO Shares in Accredited Offer

DiversyFund, a real estate crowdfunding marketplace, is selling pre-IPO shares in a Series A crowdfunding round through a Reg D 506(c) offering. DiversyFund stated; “We are excited to become a customer-owned company, and our goal is to pursue an IPO in the next 2-4 years…. Read More

KyberNetwork Reports Smooth ICO Easily Raising ETH 200,000 in Token Sale

KyberNetwork has nailed their Initial Coin Offering (ICO) having successfully raised ETH 200,000 or $51 million (at the current exchange rate). The Singapore based company reported a smooth ICO in a market that has experienced more than a bit of volatility in recent weeks as Chinese… Read More

JJ Watt’s Houston Flood Relief Fund on YouCaring Closes With More Than $37.1 Million Donated

Less than three after Hurricane Harvey made landfall and caused flooding through the city of Houston, Texan NFL player JJ Watt has secured more than $37.1 million through its Houston Flood Relief Fund on YouCaring. The initiative, which attracted a total of 209,432 donations, was closed… Read More

Here is the No Action Letter by the CFPB Regarding Upstart’s Request

The Consumer Financial Protection Bureau (CFPB) has issued its first no action letter to online letter Upstart. At the time of the request by Upstart, the online lender had facilitated over 80,000 loans totaling over $1 billion ranging from $1,000 to $50,000 with a term of… Read More

Did Lending Just Change for Good?

Bank lending regulations have rarely been thought of as dynamic or exciting but last night’s ruling by the Consumer Financial Protection Bureau (CFPB) to allow a lender to begin using alternative data in their underwriting could herald the beginning of a new era in lending… Read More

Enertor to Finish Crowdcube Round With More Than £1 Million in Funding

UK-based shoe insole brand Enertor is officially set to close its equity crowdfunding campaign on Crowdcube with more than £1 million in funding, thanks to over 1,000 investors. The company launched the campaign last month, seeking £750,000. Enertor, which is endorsed and worn by Olympian runner Usain Bolt, stated… Read More

NextGen Launches Personalized Dashboard To Track Investment Crowdfunding Campaigns

On Friday, NextGen Crowdfunding announced its new personalized dashboard. The new extensive feature tracks equity investment opportunities from more than 20 crowdfunding platforms. The dashboard also enables potential investors to: Discover investment opportunities: Search by industry, view recent campaigns or filter by campaigns that are close to… Read More

RealtyShares Raises $28 Million During Series C Funding Round

RealtyShares announced on Thursday it raised $28 million during its Series C funding round, which included participation from Cross Creek Advisors, Danhua Capital, Barry Sternlicht (Founder of Starwood Capital and Starwood Resorts) and Bow Capital, along with prior investors Union Square Ventures, General Catalyst Partners, and… Read More