Latest Crowdfunding News
H.E. Sheikh Abdulla bin Saoud Al Thani, Governor of Qatar Central Bank (QCB), revealed on December 8 that the nation’s central bank is in the process of developing the banking sector’s Fintech strategy. Qatar’s Fintech strategy is being created in cooperation with local financial institutions and local financial technology firms. The central bank plans to […]
After being granted the right earlier this year to demand user records from 3 cryptocurrency exchanges in the country, Denmark’s tax authority, the Skattestyrelsen, has now sent 20 000 letters to Danish citizens it believes may have skirted taxes on capital gains from cryptocurrency trades. Recipients of the letter have been asked to amend previous years’ […]
Spanish Fintech firm Latinia revealed last week that it had invested (an undisclosed amount) in Flink, a business-to-customer (B2C) Mexican digital bank. The Barcelona-headquartered company said that it changed its usual business-to-business (B2B) strategy when investing in Flink, because of the increasing demand of neobanks in Latin American markets, particularly in Mexico. Flink’s management says […]
After the parabolic bull run of 2017, the last two years were pretty much a bearish phase. New lows were created, bounces and new projects were spread thinly apart. As we look forward to 2020, expectations of another massive crypto rally, interesting projects and the impending Bitcoin halving usher a new wave of enthusiasm among […]
Bogdan Nicolescu, 37, and Radu Miclaus, 37, two members of a Romanian gang that controlled a network of at least 40o ooo malware-infected computers, have been sentenced to 18 and 20 years in prison each. According to a press release from the U.S. Attorney’s Office, Northern District of Ohio, the men began their enterprise 12 […]
“I believe modernization is a particularly effective means to advance each component of our mission simultaneously. We have approached modernization by: (1) identifying aspects of our regulatory framework that are out of step with our ever-changing capital markets ecosystem; and (2) bringing those aspects back into line with market realities in a way that advances […]
Biz2Credit announced on Tuesday the release of its latest Biz2Credit Small Business Lending Index, which revealed that the approval percentage fo small business loan applications at big banks (which are $10 billion+ in assets) inched up one-tenth of a percent to reach 28.1% in November 2019. Biz2Credict reported the private sector, nonfarm employment rose by […]
DSTLD (or Digital Brands Group), a fashion brand and direct to consumer e-retailer, is preparing to close its Reg A+ investment crowdfunding offer hosted on StartEngine. Once the offer closes, DSTLD appears to be ready to try and list its shares on NASDAQ, according to a missive from the company’s CEO. In an email CEO […]
Australia-based digital bank Volt Bank has revealed details regarding one of its most anticipated and soon-to-be-released banking products, a new type of savings account with a decent interest rate. Volt Bank’s official website says that the digital bank will provide a 2.15% maximum ongoing interest rate for savings accounts that have a balance of up […]
CoinBurp, a UK-based crypto brokerage, is now seeking £300,000 through its new equity crowdfunding campaign on Crowdcube. Founded in 2018, CoinBurp claims to be one of the largest crypto brokerages in the UK, with a turnover of £100 million. “CoinBurp’s mission is to create a uniquely user-friendly trading platform for everyone, with a long-term vision […]