Currency

Feb
22

Venezuela launches its own cryptocurrency to escape hyperinflation

President Nicolas Maduro says Venezuela has received $US735 million in the first day of a pre-sale of the country’s “petro” cryptocurrency, aimed at pulling the country out of an economic tailspin. Maduro is hoping the petro will allow the ailing OPEC member to skirt US sanctions as the bolivar currency plunges to record lows and […]

By Reposted by International FinTech | Blockchain . Currency . FinTech
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Jan
29

Startup Robinhood to launch commission-free cryptocurrency trading

Online brokerage startup Robinhood plans to launch commission-free cryptocurrency trading, the company said on Thursday, riding a wave of interest from retail investors for the new asset class. Starting in February, Robinhood customers will be able to buy bitcoin and ether, the two most popular virtual coins. The Palo-Alto based startup plans to add more […]

By Reposted by International FinTech | Bitcoin . Currency . FinTech . Investing
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Jan
25

Weiss has issued its first cryptocurrency ratings, ranking Ethereum above bitcoin

The securities ratings firm is the first to give a rating to cryptocurrencies. Weiss Ratings has ranked Ethereum as “better” than bitcoin, as well as the EOS coin in its first cryptocurrency ratings. Bitcoin received a C+ rating from the firm, due to the fact that its network has some serious bottlenecks which have resulted […]

By Reposted by International FinTech | Bitcoin . Currency . FinTech . Investing
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Jan
25

CoinShares announces two new flagship funds

CoinShares Group, the group behind the first bitcoin and ether exchange traded notes (Issued by XBT Provider AB) and the team behind the world’s first regulated bitcoin strategy (GABI), is announcing two new flagship crypto investment funds. The two funds: CoinShares ‘Active’ Fund – a multi-coin, alpha-generating, active strategy; and CoinShares ‘Large Cap’ Fund – […]

By International FinTech | Currency . FinTech . Investing
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Aug
16

Fintech: Why It Matters So Much to Your Investment

Fintech is a term that combines two words; Financial and Technology. It means emerging financial services that are fast expanding to include inventions in financial literacy, retail banking, education, investing, and cryptocurrencies. While fintech was initially only applied to conventional technologies that were applied to back-end established clients and financial institutions, the term now refers […]

By Reposted by International FinTech | Currency . FinTech . Investing . Peer-to-Peer
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Aug
07

Fintech Kantox raises £4.6 million from investors as it targets profitability

Foreign exchange fintech company Kantox has raised £4.6 million from its existing investors as it aims for profitability. Filings with Companies House show Kantox raised the sum at the end of July. CEO and founder Philippe Gelis confirmed the fundraise with Business Insider over email, saying the company raised the money from existing investors Partech […]

By Reposted by International FinTech | Currency . FinTech . Investing . Venture Capital
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Aug
03

Oxford University is getting into fintech

Oxford University, the centuries-old British education institution, is branching out into fintech. The university’s Saïd Business School announced on Wednesday that it will launch an online short course in fintech — financial technology for the uninitiated — that is designed to help prepare business executives for a future where more and more financial services functions […]

By Reposted by International FinTech | Bitcoin . Currency . FinTech . Lending . Robo-Advice
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Jul
27

Search for 2017 Fintech 100 innovators kicks off

Nominations are now open for the 2017 KPMG & H2 Ventures Fintech 100, the annual list designed to recognize leading fintech innovators.   Visit www.fintechinnovators.com by Thursday, 31 August 2017 and nominate your company, or any fintech you think should be considered for the Fintech 100.   The Fintech100, available at www.fintechinnovators.com, is compiled by […]

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