LuxTag has closed on a $360,000 token offering according to a note from the company. The crowdfunding round saw 51% of the funds denominated in Bitcoin and XEM (NEM). LuxTag claims to be Malaysia’s very first successful token offering. The securities offering was hosted on… Read More The post LuxTag Claims First Successful Security Token … Read more
Kapilendo is a Germany based Fintech that started life as a more traditional debt-based crowdfunding platform but has recently issued its first digital security. While moving into the blockchain sector Kapilendo has also added digital banking services catering to SMEs. Launched in 2015, Kapilendo went… Read More The post Kapilendo CEO Christopher Grätz Discusses First … Read more
Wombat Invest, a UK-based investment app, has successfully secured its initial £250,000 equity crowdfunding target on funding portal, Seedrs. The company is currently offering 9.07% in equity through the funding round, at a £2.5 million pre-money valuation. The latest crowdfunding campaign comes less than two… Read More The post Overfunding: Investment Mobile App Wombat Invest … Read more
UK challenger bank Monzo announced on Monday that its users will soon have the option of credit monitoring through its mobile banking app. Monzo revealed that users will be able to see their scores in just a few taps without any need to fill out… Read More The post Monzo Set to Offer Credit Score … Read more
JP Morgan is understood to be launching a range of savings and loan products under its Chase brand in the UK over the next few months, Sky News reports. Due to hold an investor day this week, the bank – which is the world’s biggest lender by market capitalisation – will announce its growth strategy, … 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. Jelena McWilliams, Chairman of the FDIC by Barefoot Innovation Group – Probably my favorite episode yet of JoAnn … Read more
HubrisOne, Fintech in the digital asset sector, has successfully secured its latest equity crowdfunding campaign’s £900,000 funding target during the final days on Seedrs. The funding round was launched in December and is currently offering 9.99% in equity at an £8,108,379 pre-money valuation. Founded in… Read More The post Overfunding: HubrisOne’s Latest Equity Crowdfunding Campaign … Read more
Several promising startups are challenging major banks with the launch of their innovative apps that provide seamless, modern, mobile banking experiences. These new apps offer attractive features and very low or even no transaction fees. Level, a banking challenger and banking app provider, is offering… Read More The post Banking Challenger Level Is Offering 1% … Read more
Trisbee, a European mobile-based payments platform, is now seeking €250,000 through its equity crowdfunding campaign on Seedrs. The platform is currently offering 12.20% in equity at a €1.8 million pre-money valuation. Launched in 2018, Trisbee is seeking to become a completely independent banking and payments… Read More The post European Mobile Based Payment System Trisbee … Read more
Presidential candidate Mike Bloomberg on Tuesday rolled out his plan to rein in Wall Street. As part of that, he wants to provide clear but tough regulations for cryptocurrency and initial coin offerings as well.