Tagged: luxembourg

Here is the Letter Seeking Additional Information on Why Revolut Pulled its e-Money License in Luxembourg

As was reported earlier this week, Revolut has decided to pass on its application for an e-Money license in Luxembourg. The decision was ostensibly made because Revolut has already received a passportable license in Lithuania and it is in the process of pursuing regulatory approval… Read More

Digital Bank Revolut Gives Up on Luxembourg e-Money License

Revolut has decided to withdraw its application for an e-Money license in Luxembourg, according to a report in the Telegraph. The application was originally filed in September of 2018. Revolut was said to make the decision following the approval of two financial services licenses from… Read More

Former Polymath Exec Joins Tokeny Solutions as APAC Head of Business Development

Tokeny Solutions, a tokenization platform,  has hired Heslin Kim as Head of Business Development APAC. Heslin was previously at Polymath. Tokeny recently received the backing of Euronext, the Eurozone’s largest stock exchange, a significant strategic investment. Kim said he was thrilled to be joining Tokeny… Read More

Lendable Partners With Credit Suisse to Launch Luxembourg Fund

London-based Fintech platform Lendable has reportedly teamed up with Credit Suisse to launch a new Luxembourg Fund. According to AltFi, the fund will initially provide up to £225 million of financing into the UK consumer market. The launch of the fund comes just one month… Read More

Supported by Tokeny, Property Token SA in Luxembourg Launches Security Token Offering Backed by Real Estate

A security token offering backed by real estate has been launched by Property Token SA in Luxembourg. This is the first STO issuance in the Grand Duchy. The digital offering has been completed with the support of Tokeny Solutions, a law firm and consulting firm… Read More

Luxembourg House of Financial Technology Member Payconiq Secures €20 Million Through Latest Investment Round to Continue Further Development

Payconiq, a Luxembourg-based fintech, announced this week it secured €20 million through its latest investment round led by its existing shareholders. Founded in 2014, the mobile payments platform claims it has built a sustainable ecosystem through an open-API approach and flexible microservices, focusing on consumers,… Read More

European Exchange Euronext Invests in Tokenization Platform Tokeny Solutions, Buys 23.5% Ownership Stake

Euronext, a leading European securities exchange has subscribed to the entire €5 million capital increase of tokenization platform Tokeny Solutions, according to a release. The investment gives Euronext a 23.5% stake in the blockchain platform. At the end of March, Euronext had approximately 1,300 listed… Read More

Reports Says Security Tokens are the Future But Needs a Well Defined Regulatory Framework

This falls under the category of recently discovered as this report by Deloitte Luxembourg was released several months ago. But while much of what the authors have to say will come as accepted gospel to industry advocates, Deloitte makes a few interesting points. The Deloitte… Read More

Tokeny Aligns with DLA Piper to Provide Blockchain Compliance Solutions

Tokeny, the Luxembourg-based fintech compliant tokenization platform delivering institutional grade solutions in the issuance, lifecycle management and secondary trading of security tokens, has partnered with global law firm DLA Piper. Hedera Hashgraph recently cited DLA Piper as first members of the Hedera Hashgraph Governing Council,… Read More

China: WeiyangX Fintech Review

Winners of the 2018 Global Fintech Venture Competition Announced in Beijing The winners of the 2018 Global Fintech Venture Competition were officially announced at the 3rd China Fintech Conference on January 20, 2019. The 2018 Global Fintech Venture Competition was initiated by Tsinghua IFR, jointly… Read More

VNX Exchange and University of Luxembourg Partner on Market Ecosystem for Digital Assets

Platform for tokenized venture capital assets, VNX Exchange, has partnered with the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT). The partnership is said to create a new standard of security for the digital assets ecosystem. VNX Exchange says that custody has… Read More

Blockchain Bundesverband Announces European Blockchain Think Tank, Will Present EU Token Regulation Paper

The Blockchain Bundesverband, an association for the promotion of blockchain technology in Germany, has announced a new think tank for token regulation. “thinkBLOCKtank” will release a joint paper supported by various European countries entitled EU Token Regulation as the group seeks to drive the regulatory… Read More

Luxembourg House of Fintech Launches Catapult, Targeting Fintech Companies in Africa

The Luxembourg House of Fintech (LHoFT) is launching a new initiative which focuses on Fintech companies in Africa seeking to boost financial inclusion. “Catapult – Inclusion Africa” is described as a Fintech tool to provide access to financial services to the under banked or those… Read More

€50M STO: It’s the Tokeny Mash, It’s a Blockchain Pay Later Smash

‘Tis the Halloween season… Luxembourg-based Tokeny and Mash have partnered to launch €50 million STO. Mash Group PLC, a FinTech50 business specializing in consumer lending and pay later solutions, has partnered with Tokeny to support its Security Token Offering as part of its €50M equity round. “As we… Read More

Consolidation: Crypto Exchange Bitstamp Acquired

Bitstamp, a Luxembourg based crypto exchanged, has been acquired. Revealed in a blog post today, the crypto operation reported that NXMH, a Belgium-based investment company, had purchased the exchange for an undisclosed sum. Bitstamp founder and CEO Nejc Kodrič said the platform has been pursued by potential… Read More

Tokeny & Blocktrade.com Align to Build STO Ecosystem

Tokeny, a tokenization platform, has partnered with Blocktrade.com, a trading facility for Crypto Assets, Crypto Traded Indices and other blockchain related financial instruments. Last month, Neufund, Europe’s first security token issuance platform, partnered with Liechtenstein-based Blocktrade to provide additional liquidity in security tokens. Tokeny CEO Luc Falempin explained… Read More

Corviglia Capital Launches $500 Million Fintech Fund to Back Late Stage Companies in Europe

Corviglia Capital Fund, created by two European entrepreneurs – Petr Šmída and Cezary Smorszczewski, has announced  a$500 million Fintech focused fund to back later stage Fintech companies. Corviglia says it intends to deploy half of the fund in the first three years. Šmída has a… Read More

Luxembourg based VNX Crypto Exchange Partners with NEM

VNX Exchange, a trading platform for tokenized VC assets, has partnered with NEM. Founded by CEO Alexander Tkachenko in 2017, Luxembourg-based VNX Exchange is seeking to create a regulatory-compliant marketplace to link investors and venture capitalists in search of liquidity. VNX Exchange is a member… Read More

Australian Securities and Investment Commission Signs Fintech / Regtech Agreement with Luxembourg Commission de Surveillance du Secteur Financier

The Australian Securities and Investments Commission (ASIC) has announced a Fintech and Regtech agreement with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF). This is the second Fintech agreement signed by ASIC today having earlier announced an agreement with the US CFTC. The Agreement… Read More

Finnish Fintech Mash Joins Luxembourg House of Financial Technology Hub As First Innovation Partner

Finnish fintech Mash has reportedly joined Luxembourg House of Financial Technology Hub (LHoFT)  as the hubs first innovation partner. The duo reported that this new partnership will allow Mash to complement its innovation and growth strategy as it seeks to “build its business across Europe.” Mash claims… Read More

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