Fintech Radar
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Groundfloor Initiates Public Offering to Accelerate Growth
Groudfloor, a direct real estate investment platform, has launched an online public offering enabling any Groudfloor account holder to purchase stock directly from the company. The platform indicated that the online public offering aims to “level the cap table” so members of the public can
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A Huge EU Bank Just Ruthlessly Froze People’s Accounts, Sparking Claims of Racism. It Would Never Happen With Bitcoin
Spain's second-largest bank BBVA has blocked 5,000 accounts without warning. It's another failing of traditional institutions. This is why bitcoin matters.
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Online Lender iwoca Raises £150 Million in Debt and Equity
Online small business lender iwoca has raised £150 million in both equity and debt capital, according to a note from the firm. This most recent investment brings iwoca’s total funding to £350 million. The Series D equity funding was led by Augmentum Fintech, a Fintech
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Cryptocurrencies May ‘Upend the Digital World,’ Says Institutional Investor Consultancy
Pension and endowments consultancy firm Cambridge Associates has advised that crypto represents a sound investment for institutional investors in the long term
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Bitmain Announces New, More Efficient 7nm Bitcoin Mining Chip
Bitmain Technologies has announced a new 7nm bitcoin mining processor that it says offers a big boost in energy efficiency.
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The Mauritius Government has Granted a Regulatory Sandbox License to PIRL
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The licensing was announced on January 31st 2019, by the Mauritius Economical Development Board – http://www.edbmauritius.org/news-events/posts/2019/january/edb-issues-five-regulatory-sandbox-licences-to-fintech-companies-for-their-innovative-projects/ PIRL is an innovative project that continuously disrupts the space through its steady innovation and development, known for creating the first Decentralized Content Delivery Network
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Germany: Bafin Approves Bitbond to Issue Digital Securities “Tokenized Bonds”
Bafin, Germany's securities regulator, has given the green light to Bitbond to issue digital bonds. Bitbond is an online lending platform that operates globally. In business since 2013, Bitbond provides access to capital for small businesses. The Fintech boasts a peer to peer lending network
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New Zealand to Slap ‘Digital Services Tax’ on Internet Giants Google, Facebook: Will this Antagonize the US?
New Zealand is set to introduce a digital services tax ranging between 2-3% targeting internet giants such as Google and Facebook.