Bitcoin trading platform Quoine scores $20m JAFCO-led funding
Japanese venture capital major JAFCO has led a $20m Series A financing round for bitcoin trading platform Quoine.
TransferWise boss warns FinTech startups against Brexit Britain
At a government-backed conference the CEO of Transferwise went off-message, suggesting startups should avoid London. Read more: www.finextra.com
Bank of England seeks to innovate services via new FinTech Accelerator
The Bank of England announced the launch of a new Fintech Accelerator on 17 June looking to support businesses able to help it innovate central banking.
Opinion: FinTech will require regulation
A national charter to address responsibility and compliance among fintech innovators may bring much needed oversight. Read more: www.investopedia.com
US FinTech regulation: a divided picture at the federal level
While the prudential regulators are testing the waters in FinTech regulation, other federal agencies have also focused on FinTech’s potential. Read more: www.bankingtech.com
Chinese consortium launches $1.5bn FinTech M&A fund
A Chinese consortium of state-owned and private enterprises is launching a $1.44bn fintech investment fund dedicate to mergers and acquisitions in the space. Read more: www.fintechroundup.com
Stockholm set to open FinTech hub
“Stockholm FinTech Hub will be an enabler and a vital link between startups, regulators and established financial institutions," said Matthew Argent. Read more: www.crowdfundinsider.com
Capital One shortens the machine-learning curve
When it comes to machine learning, it's the human learning curve that can be most crucial to the success of a project. Read more: www.americanbanker.com
China’s FinTech sector leads through innovation
According to DBS and EY, China has leapfrogged ahead of cities such as New York and London to become the leading global financial tech hub. Read more: www.emarketer.com
Asia’s FinTech wave good for financial sector
NASDAQ'S Asia-Pacific unit is confident FinTech-driven disruption in the financial services sector will fuel significant growth. Read more: www.businesstimes.com.sg