Archive for June, 2018

Singapore’s GIC and Sequoia China invest US$40M into Korean fintech startup Viva Republica

Singapore sovereign wealth fund GIC and Sequoia China have made a joint US$40 million investment into South Korean fintech startup Viva Republica, the developer the financial services app Toss, giving it a war chest of US$116 million. Viva claims that Toss has over 8 million registered users, and has a transaction volume of US$10 billion monthly. […]

An Illustrated Glossary of Cryptocurrency Slang (Infographic)

If you’re interested in hopping on-board the crypto-train, it’s important to know what you’re talking about. Just like the pool of investors and the market itself have grown considerably over the years, so has the culture, along with new slang and memes popping up everyday. To equip yourself with up-to-date cryptocurrency slang, Entrepreneur offers a quick […]

Rules for Cryptocurrency Investing: Circle’s Rachel Mayer Has Some Ideas

Rachel Mayer‘s company Trigger, which let investors create rules to automate their trades, was acquired last year by crypto giant Circle, and she believes rules-based strategies can apply to cryptocurrencies. While Circle doesn’t currently offer the tools to create “triggers” for trades, she expects these will be available in the future for traders and ordinary investors. […]

This German Fintech May Soon Be More Valuable Than Deutsche Bank

German payments company Wirecard AG is fast approaching the market valuation of banking behemoth Deutsche Bank AG, capping a week in which investors snapped up shares in Europe’s biggest ever fintech public offering. Wirecard is hovering close to a record 158.10 euros in Frankfurt. Its 19.4 billion-euro ($22.5 billion) market valuation, just 470 million euros shy […]

Fintechs have 6 months to meet new cyber security standards – BoG warns

The Bank of Ghana (BoG) has urged all fintechs operating in the country to improve their cybersecurity systems to meet international standard requirements ahead of the passage of the Payment Systems and Services Bill by end of 2018. According to the central bank, the new law will take into account technology, innovation, and consumers’ demand […]

Fintech Awards Luxembourg finalists unveiled

Following intense rounds of preliminary judging, the 15 semi-finalists for the 2018 Fintech Awards Luxembourg have been unveiled. Reviewing up to 192 applicants coming from 41 countries, the experts panel from the Khube (the KPMG Hub for Entrepreneurship and innovation) and the LHoFT scored the applicants based on a number of criteria such as idea, […]

Here are the finalists for The Europas Awards 2018, July 3, London

The Europas Awards and Unconference for tech and crypto startups will be held on July 3, in London. The public online voting, running for the last month, and the Europas Advisory Board of judges have submitted their results. The two have been merged and TechCrunch has named the finalists for the awards. The winners will be revealed on […]

Cologne-based fintech startup nextmarkets raises €6 million and launches ‘real-money offer’

The Cologne-based fintech startup nextmarkets has announces the closing of its Series A financing round, in which, in addition to existing shareholders FinLab, Peter Thiel and Falk Strascheg, new investors Axel Springer, Cryptology Asset Group and British hedge fund manager Alan Howard are investing in total €6 million. After a seed round of €2.5 million […]

Fintech Startup Cashpresso Completes €3.5M Financing

Cashpresso, a Vienna, Austria-based fintech startup, completed a €3.5m financing. The round was led by Hevella Capital, with participation from existing investors Speedinvest and Hansi Hansmann. The company will use the funds to continue to expand operations, continue to develop the platform, and grow its business reach. Read more

Barclays Announces The Next 11 Companies Selected For The Tel Aviv Barclays Accelerator Program

Barclays has announced the next 11 companies to the 2018 Tel Aviv Barclays Accelerator, powered by Techstars. The company claimed that this program, which has been running since 2014, has become one of the most selective fintech accelerators in the world, with a growing list of alumni that are shaping the future of financial services. According […]