Author Archive

Top fintech mergers, acquisitions and partnerships of summer 2018

Tenemos, the banking software company and Venture lab at The American University in Cairo (August 13) Path Solutions, a global provider in Sharia-based technologies to the Islamic financial services industry and Attijariwafa Bank Group in Morocco (August 13) Onfido, identity verification provider and TransferGo, global remittance company (August 9) Bank of China extends use of […]

Europe’s leading fintech, blockchain & finance experts set to speak at 3rd Blockchain for Finance Conference in October

The European meeting point for finance & technology professionals working to commercialise blockchain technology returns to Ireland this October. The conference takes place on October 2-4 at the Aviva Stadium in Dublin. The 3rd Blockchain for Finance Conference, Europe is expected to attract 350+ attendees from the largest financial institutions, tech giants and blockchain solution providers […]

Algorithm of Action for Victims of Scam ICO

There are a lot of scam projects on the ICO market, so it’s quite difficult for an investor who is starting not to get bogged down by criminals. But even if you have become a victim of swindlers, albeit low, but still there are the chances of getting your investments back. It is necessary to […]

Temenos and AUC Venture Lab team up to accelerate fintech innovation in Egypt

The Venture lab at The American University in Cairo, university-based startup accelerator in Africa and the MENA region, and Temenos, the banking software company, have announced their intention to collaborate and strengthen the fintech ecosystem in Cairo. A key aspect of the collaboration will see Temenos provide a sandbox service to the startups utilizing the accelerator. […]

Hong Kong’s PE firm GSR to invest $270m in Overstock’s blockchain subsidiary

Hong Kong-based private equity firm GSR Capital has agreed to make an equity investment of up to $270 million in blockchain startup tZero, a subsidiary of Nasdaq-listed online retailer Overstock.com. tZero focuses on the development and commercialization of fintech using blockchain technology. GSR Capital will spend an additional $104.55 million to buy 3.1 million Overstock shares […]

Cryptocurrency fraud leads to £2 million worth of losses this summer

The UK’s national reporting centre for fraud and cyber crime Action Fraud has warned the public about fraudsters advertising ‘get rich quick’ investments to scam people out of money. The latest statistics from Action Fraud show that in June and July, victims reported losing £2,059,501.29 to cryptocurrency scams – an average of £10,095.59 per person. In the […]

Fintech: Robo-advisors developing a better value proposition

As robo-advisory platforms become more common around the world, the focus of these service providers has shifted to creating a robust investment framework rather than just providing a convenient and affordable way to invest, says Michele Ferrario, co-founder and CEO of Singapore-based robo-advisor StashAway. Robo-advisory platforms are already commonplace in some countries, with the bigger […]

41% of Americans Say They Won’t Ever Invest In Cryptocurrencies

According to a June survey of over 2,000 adults by cryptocurrency app Gem and analytics firm Harris Insights, roughly 8% of Americans invest in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. About 41% of those same adults say that nothing could motivate them to invest in such digital assets. In comparison, roughly 52% of Americans own […]

Cryptos, blockchain high on agenda for Aug 16 FinTech Canada forum

FinTech Canada, an annual conference in Toronto on August 16, will include panel discussions on global impacts of blockchain and cryptocurrencies, and on digital currency exchanges. Big companies such as Google, IBM, MasterCard and Amazon will be represented with an agenda largely taken up by cryptocurrency and blockchain issues. One of the about three dozen speakers […]

Meet the 100 top-funded fintech companies in China

The entire financial system could be due for an overhaul, and China is right at the forefront. Which company in the country is most likely to challenge the status quo? An imperfect way to judge would be the amount of money they have raised. Using its data, Tech in Asia has generated a constantly updated […]