Author Archive

UK’s Green Fintech Challenge

The UK’s Financial Conduct Authority has launched its Green FinTech Challenge. Firms that require specific regulatory support are invited to apply. The Challenge will provide support to a selection of firms developing innovative products and services to assist in the UK’s transition to a greener economy. It is open to start-ups, incumbents and technology providers. Successful […]

UK Retail Banks Draft FinTech Alliance Guidelines

Top U.K. banks and fintech firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions. The new guidelines, developed by the British Standards Institution, aim to address issues that interfere with FinTech firms and banks forming alliances. The U.K. banks that put them together includes […]

Hong Kong remains vigilant against risks of virtual assets even as fintech investments more than double, financial minister says

Investment in Hong Kong’s fintech industry more than doubled last year to US$550 million, far surpassing Singapore, according to Hong Kong financial secretary Paul Chan Mo-po. The Greater Bay Area will inject new momentum and provide a bigger market for Hong Kong’s fintech development, while the opening of the high-speed rail link and the Hong Kong-Zhuhai-Macau […]

Factris Concludes EUR 1.5 Million Funding Round

Factris — a fintech company which offers factoring to small and medium-sized businesses in Europe — announced the successful conclusion of the funding round led by the European venture capital fund Speedinvest Fintech. The initial investment of EUR 1.5 million is for sales, marketing and growing the platform capabilities to support pan European operations. As part […]

Thailand tightens its grip on ICO regulation

The Thai Securities and Exchange Commission (SEC) are preparing to launch its first regulated ICO portal later this month. It appears that ICOs will be vetted on a case-by-case basis and will be added to the portal shortly after its launch, although there is no mention of a set date as yet. Thai regulators believe having […]

Zambia: Three Arrested in $2.4 Million Cryptocurrency Investment Scheme

Three individuals are currently out on bond in Zambia after being arrested over charges related to a cryptocurrency investment scheme they had operated. The three suspects are directors of cryptocurrency investment firm Heritage Coin Resources Limited. They allegedly collected more than 28 million Zambian kwacha (approximately US$2.4 million) from prospective investors who were promised that […]

Early stage technology investment in Europe increases four-fold in three years

Investment in Early Stage Technology in Europe has increased from  €875 million in the first half of 2015 to €3.6 billion in the first half of 2018, finds a new report. The report, A Deep Dive into European Early-Stage Tech Startup Activity, produced by Stripe, Techstars and research specialists Tech.eu, found that Fintech startups such as Monzo […]

2nd Fintech Banking Summit at the BMC

Following last year’s professional and media success, the Fintech Banking Summit conference will again be organized this year by Elektromédia Kft. on November 22 at the Budapest Music Center (BMC). The aim of the event is to outline the latest fintech trends and gather together key players in the industry, connecting potential clients, partners, mentors and […]

The Largest Blockchain Event In Bali: Over 500 Delegates attended XBlockchain

Blockchain leaders, government ministers, entrepreneurs, and technology experts at the XBlockchain Summit 2018 spoke to the regional landscape, shared products and best practices, identified opportunities for collaboration, and addressed challenges facing the industry. Held from October 9-10, the Summit featured the latest in blockchain and cryptocurrency, focusing on innovative use cases and long-term solutions for […]

DWS Group acquires stake in GCC FinTech start-up Neo Technologies

DWS Group, a European asset manager in which Germany’s Deutsche Bank has a majority stake, agreed to buy a 15 per cent stake in Dubai and Kuwait-based FinTech start-up Neo Technologies for an undisclosed sum. Neo Technologies aims to work with asset managers and other financial institutions in the Middle East to help them provide digital […]