Investing

Jun
13

A new way to raise money: The Initial Coin Offering

The digital currency ecosystem has had a crazy year. The Bitcoin market capitalization has grown from $11 billion on June 5, 2016 to almost $47 billion USD on June 5, 2017. Negative news during that time included a 120,000 BTC heist from Bitfinex, worth $65m then and $350m now. The Winklevoss twins sought to create […]

By Reposted by International FinTech | Bitcoin . Currency . FinTech . Investing . Venture Capital
DETAIL
Jun
12

How Thailand could become Southeast Asia’s next Fintech Hub

Increased adoption of blockchain technologies, Big Data and artificial intelligence would enable Thai fintechs to enhance the products and services available to existing customers but also to serve the country’s under- and unbanked consumers as well. Omise, a payment management platform founded by Jun Hasegawa and Ezra Don Harinsut, is Thai fintech’s greatest success story […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
DETAIL
Jun
12

HK, Singapore rivalry hobbling Asia in $100b Fintech race

Asia’s competitiveness in fintech is being undermined by the rivalry among the region’s financial centers that has created regulatory complexity and uncertainty, a financial lobby group has warned. Governments across Asia—most notably Hong Kong and Singapore—have launched a raft of initiatives to grab a slice of the $100 billion invested in financial technology globally but […]

By Reposted by International FinTech | FinTech . Investing . Lending . Peer-to-Peer
DETAIL
Jun
12

Addepar raises $140 million in Series D funding

Addepar, a technology provider and operating system designed to cater to financial firms, announced that it has managed to raise $140 million in a series D round co-led by 8VC, Valor Equity Partners, and QuantRes founder Harald McPike. The significant amount of funding follows the developer’s increased growth, as in under a year and a […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
DETAIL
Jun
12

Kasikorn Bank creates $30 million Fintech Fund

Kasikorn Bank has opened up a $30 million fund to invest in to Fintech startups, thus exemplifying the banks attitude to embrace disruptive technologies. The rapid technological developments within the financial industry has opened up new dimensions in the market, changing how customers think. People are moving towards more digital options in an attempt to […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
DETAIL
Jun
12

Bitcoin price crosses $3,000 milestone to set new all-time high

The price of bitcoin topped $3,000 for the first time in history today, according to the CoinDesk Bitcoin Price Index (BPI). After spending much of the last week seeking direction in the $2,700 to $2,900-range, the average price of bitcoin across major international exchanges edged up over this threshold finally at roughly 17:00 UTC. The […]

By Reposted by International FinTech | Bitcoin . Currency . FinTech . Investing
DETAIL
Jun
08

Coinbase seeks to raise $1 Bln to expand and go beyond Bitcoin

Demand for Bitcoin has once again gone up with the price of the digital currency continuing to hit all-time highs. Cryptocurrency exchange company Coinbase has been growing strong along with this demand in order to make more improvements and gain more transactions on their end. Coinbase has recently been in discussions with potential investors, according […]

By Reposted by International FinTech | Bitcoin . Investing . Venture Capital
DETAIL
Jun
02

Peer-to-peer lending giant Zopa confirms £32m fundraise

Zopa scoops £32m in a new investment round led by Indian conglomerate Wadhawan Group, as it looks ahead to bank-build. Zopa, the UK’s original peer-to-peer lending platform, has clinched £32m in its first investment round since early 2014, when it raised £15m from Arrowgrass Capital Partners. The money will be used to help build-out the […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
DETAIL