Uncategorized

August 5, 2019 @ 4:17 pm By Samantha Hurst  |  

Global innovation platform Plug and Play announced on Monday it has formed a new partnership with Abu Dhabi Commercial Bank (ADCB). ADCB will notably join Plug and Play’s global ecosystem, using the platform to support its comprehensive digital transformation strategy. While sharing more details about… Read More

July 19, 2019 @ 10:46 am By JD Alois  |  

Stashbee has closed its 2nd crowdfunding round at £2.5 million on Seedrs. The company offered equity in the firm at a pre-money valuation of £9 million. The company received the backing of 886 individual investors. Stashbee, an online sharing-economy platform for storage space, raised £1.6… Read More

July 13, 2019 @ 9:36 am By JD Alois  |  

Bitcoin Norway has shut down all operations according to its website and posts on Facebook. Bitcoin Norway is a cryptocurrency exchange that claims to have served over 25,000 Norwegians since 2013. Last week, via Twitter, the exchange said they are dealing with extraordinary problems: Hei… Read More

July 10, 2019 @ 3:19 pm By JD Alois  |  

The House Financial Services Committee welcomed Fed Chair Jerome Powell today to share his perspective on the state of the US economy and his opinion on the effectiveness of monetary policy. While Powell’s prepared remarks kicked off a bit of a rally on Wall Street… Read More

July 2, 2019 @ 2:52 pm By JD Alois  |  

In a speech presented today by Christopher Woolard, Executive Director of Strategy and Competition at the UK Financial Conduct Authority (FCA), the regulator addressed the hot topic of “stablecoins.” The speech was delivered at the annual Cambridge Centre for Alternative Finance conference which saw regulators… Read More

June 12, 2019 @ 11:56 am By Samantha Hurst  |  

Payment processing brand Klarna announced on Wednesday the expansion of its UK operations with a new office located in Manchester. According to Klarna, the new office will open in Summer 2019 and will be located at the Old Granada Studios, which is a payments and… Read More

June 10, 2019 @ 12:27 pm By JD Alois  |  

The 3rd European Alternative Finance Research Conference is scheduled to take place this October. In advance of the event, organizers have issued a call for academic papers on Fintech/alternative finance. The conference is organised by the European Centre for Alternative Finance (ECAF) based at Utrecht… Read More

June 10, 2019 @ 10:37 am By JD Alois  |  

This is London Tech Week and the city is doing a bit of well-deserved chest pounding touting its innovation cred. In data compiled by London & Partners, the Mayor of London’s inward investment agency, venture capital investment into London is booming. In fact even while… Read More

June 2, 2019 @ 12:17 pm By Cali Haan  |  

John Rwangombwa, Governor National Bank of Rwanda (BNR), has issued a notice alerting Rwandan citizens, “to the existence of investments scam(s)…operating in Rwanda (through locally-registered businesses or from abroad through online platforms).” The warning also states that pyramid, multi-level marketing and fake initial coin offering… Read More

May 24, 2019 @ 2:54 pm By Cali Haan  |  

A spokesperson for Switzerland’s largest stock exchange, the Zurich-based SIX Exchange, has confirmed in an email to Coindesk that SIX is developing a “stablecoin” pegged to the Swiss franc for use on the company’s forthcoming digital asset exchange: “Yes, we are currently working on a… Read More

May 13, 2019 @ 8:40 pm By Samantha Hurst  |  

Bithumb announced on Monday the launch of its new global cryptocurrency exchange. According to Bithumb, the exchange will be incorporating multiple fiat currency trading pairs, as well as perpetual futures trading, with leverage up to 100 times. Bithumb explained: “The Open Beta version allows users… Read More

May 8, 2019 @ 4:08 pm By JD Alois  |  

Real estate crowdfunding platform CrowdStreet has shared some interesting news. According to the platform, sponsor J.Jeffers & Co. raised $10 million on CrowdStreet in just 80 minutes. In total, $14 million was raised in a day ($16.7 million in total offers were submitted). This is… Read More

April 24, 2019 @ 9:02 am By Samantha Hurst  |  

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, announced on Wednesday it has formed a new partnership with ANNA Money. According to TrueLayer, the partnership will enable ANNA to provide its customers with enhanced open… Read More

April 18, 2019 @ 8:12 am By Erin Hobey  |  

Last week, when Crowdfund Insider covered Crate Brewery’s Crowdcube campaign,  several successful beer crowdfunding campaigns were highlighted, including BrewDog, Garage Beer, Sly Fox, BeerBods, The Bottle Shop. On Crowdcube alone, Chadlington Brewery, Crowns and Hops Brewing Co, Redwell Brewery and Crate Brewery are currently raising funds. Lots of… Read More

April 3, 2019 @ 1:08 pm By Samantha Hurst  |  

KBC Banking Group announced on Tuesday it has partnered with Fitbit to launch Fitbit Pay services in Belgium. According to KBC, all KBC, CBC and KBC Brussels customers who have a Fitbit smartwatch or activity tracker may now use it to pay in shops that… Read More

April 2, 2019 @ 10:21 pm By Cali Haan  |  

A number of high-profile ransomware attacks in the early months of this year have put a spotlight on the importance of firms working to prevent them. In March, operations at Norwegian aluminum producer Norsk Hydro and American chemical companies Hexion and Momentive were interrupted by… Read More

April 1, 2019 @ 10:29 am By JD Alois  |  

Stamplay is a company that previously raised capital online at Seedrs. Today, it is part of Apple (NASDAQ:APPL). The Italian startup was purchased for €5 million (£4.28M or $ 5.6M), according to a write up in Isole24Ore. The founders and employees are now a part… Read More

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