Posts Tagged ‘USA’

Bitcoin and Blockchain Among Fintech Innovation to Receive “Regulatory Sandbox” in USA

The financial regulation in the United States is slowly tilting towards blockchain and cryptocurrencies. In the latest development, the Consumer Financial Protection Bureau (CFPB) has announced it will be introducing regulatory sandboxes for fintech firms to aid them in the development of new products and services. This announcement will also include blockchain and cryptocurrencies startups. This move […]

Coinbase Forms Political Action Committee, Seeks Greater Cryptocurrency Lobbying Presence in Washington

Coinbase, the popular US-based cryptocurrency exchange platform, has formed a political action committee (PAC). The purpose of a PAC is to raise funds for elections in the United States. Thus, it stands to reason that Coinbase is gearing up to support election candidates in the country ahead of the midterm Congressional elections in November. Supported candidates […]

BlockShow is Debuting in Vegas with BlockShow Americas 2018

Shortly after a successful comeback to Germany with BlockShow Europe 2018, the team gets to work again and announces BlockShow Americas 2018 – the next 2-day show and the very first one to be held in USA. The conference will take place on August 20-21 at The Venetian, Las Vegas. BlockShow Americas will introduce the audience […]

Fintech start-up Credit Clear closes an oversubscribed $8.5 million Series A raise, IPO planned within the next 12 months

Fintech payments company Credit Clear has just closed its Series A oversubscribed funding round with a group of strategic partners and investment of $8.5 million. The raise was led by Bell Potter, one of Australia’s largest full-service stockbrokers. The raise was focused on dramatically accelerating Credit Clears’ technology and product functionality to scale its impact […]

North Carolina Fintech Accelerator Opens Applications

Queen City Fintech accelerator (QCF) is looking for early-stage financial technology startups, or startups that cater to the financial industry, to join the Charlotte, NC entrepreneurial ecosystem. QCF’s 12-week program provides startups access to world class mentors, capital and leading financial services organizations, all in the heart of global banking hub Charlotte, NC. Founders receive […]

U.S. Treasury previews upcoming report on fintech reforms

A report from the U.S. Treasury Department on financial technology will make wide-ranging recommendations about how to modernize regulation at the federal and state levels to promote innovation in financial services. The report, which is expected to be released in the coming weeks, will be the fourth and final in a series the Treasury was […]

Fintech startup Newchip nabs $2 million in seed funding to bring access and transparency to the world of startup investing

Newchip, an investment marketplace, has raised $2 million seed funding round. The funding was led by institutional investments from fintech specialists JadeValue Fintech, Yeoman’s Capital, Spunik ATX, Youbi Capital, and Polymath. The startup also announced it has exceeded 50,000 individual users. Newchip connects new and experienced investors to business and real estate investment opportunities around the […]

Wells Fargo Halts Credit Card Cryptocurrency Purchase

U.S. financial services company Wells Fargo and Company has announced that it will no longer allow customers to use bank-issued credit cards for cryptocurrency purchases. With this move, Wells Fargo joins the ranks of other major U.S. banks who have already prohibited the purchase of cryptocurrency with their credit cards — namely, JP Morgan Chase, Bank of America, […]

FinTech Roadshow to Brazil, a Certified Trade Mission for U.S. Investors, Incubators, and FinTech Companies

The FinTech Roadshow to Brazil, a Certified Trade Mission, provides an excellent opportunity for U.S. firms to promote themselves to and connect with leading companies in Brazil’s FinTech and financial sectors. At the FinTech Roadshow to Brazil, U.S. participants will have 8-10 one-on-one meetings with executives from pre-qualified, vetted Brazilian FinTech and financial companies, startups, […]

British fintech startup Revolut to seek U.S. banking license: CEO

British fintech startup Revolut plans to apply for a banking license in the United States, according to Chief Executive Officer Nikolay Storonsky. Revolut, which has already applied for a banking license in Europe, offers nearly 2 million users a pre-paid card and an mobile app which make it cheaper to spend money in different currencies. It plans […]