Whoomies, a France-based home-sharing mobile app, has quickly surpassed its initial €300,000 equity crowdfunding target on Seedrs. Founded in 2017, Whoomies explained that it is focused on delivering digital tools to improve the shared living experience on both tenants and real estate owners. The company… Read More The post Overfunding: French Home Sharing App Whoomies … Read more
During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here. Banks in no rush to join Facebook’s crypto project from Financial Times – It is interesting but not … Read more
U.S. Treasury Secretary Steven Mnuchin warns the United States might max out its credit limit in September. If that happens, the federal government will not be able to pay some of its bills. In a letter to House Speaker Nancy Pelosi (D-Calif.), Mnuchin requested Congress increase the debt ceiling before August recess. The Treasury Secretary … Read more
South African microfinance institution Barko Financial Services has chosen Temenos software to support its ambition to launch a retail bank, reports Jane Connolly. Temenos sees success in South Africa Barko Financial Services has replaced its core and front office legacy systems with cloud-native, cloud-agnostic core banking software Temenos T24 Transact and digital banking product Temenos … Read more
A group of Stanford academics and entrepreneurs have joined together to launch a new blockchain based ecosystem named Findora. The group includes Charles Lu, Ben Fisch, Benedikt Bünz, and John Powers. Powers is the former CEO of Stanford’s USD $25 billion fund. Fisch and Bünz… Read More The post Stanford U. Posse Creates Findora Blockchain … Read more
Crowdfunding on VidAngel Studios now, the Chosen is claiming the title as the number one media project ever to be crowdfunded. Back in 2018, Chosen raised $9.99 million using Reg A+. Today, using Reg CF, the Chosen is in the process of seeking a total… Read More The post Crowdfunding on VidAngel Studios, the Chosen … Read more
TechInAfrica – Vodacom in partnership with MasterCard has launched VodaPay Masterpass app, enabling Vodacom’s customers to load any type of bank cards into digital wallet securely. With this new app, customers will be able to do immediate transactions efficiently once their card is loaded. The app allows customers to purchase prepaid data, airtime, SMS, or … Read more
Digital wallet platform Spend.com announced on Thursday it has formed a new partnership with Paxos to enable cryptocurrency payments. Spend.com reported that through the partnership it has integrated the itBit by Paxos cryptocurrency exchange into its platform. “This integration allows users to easily spend their… Read More The post Spend.com Teams Up With Paxos to … Read more
The U.S. Securities and Exchange Commission has finally given a blockchain company the O.K. to sell tokens directly to investors—sort of. The SEC on Wednesday approved blockchain startup Blockstack’s application to raise money via an initial exchange offering, the first time it has allowed this type of fundraising in the cryptocurrency industry, according to the … Read more
Hackers moved more than $8 million USD in Bitcoins July 8th from digital wallets they’d been sitting in since the Malta-registered crypto trading platform Binance, one of the world’s largest, was hacked for more than 7000 Bitcoins in May, Hard Fork reports. At the time… Read More The post Hackers Move $8 Million USD in … Read more