P2P borrowing up 45% year on year
Bravura circles competitor
HashChing outlines new funding plans
Bitcoin isn’t a boy’s club, women just aren’t getting involved
by Chantelle de la Rey, Amber co-founder, product owner and lead designer. A common question I get asked is ‘why is Bitcoin a boys’ club’? And ‘how do you cope with being a female in three male-dominated spaces?’ Well, let me ask you some questions. Why do you think it is a boy’ club? Why haven’t you as a female entered the Bitcoin or digital-currency space? Why haven’t you bought Bitcoin? Please comment below or send me a message via social media telling me your ‘why’. Here are some common responses. ‘I don’t know enough about the space.’ ‘It doesn’t interest me.’ ‘Way too volatile.’ ‘OMG the news says Bitcoin […]
London threatening San Francisco’s fintech unicorn dominance, research says
London could soon overtake San Francisco as the fintech (financial technology) unicorn capital of the world, according to a new study. Of the world’s 29 fintech unicorns – private companies valued at more than $1 billion – nine are based in San Francisco, while seven are headquartered in London, the research published Tuesday said. The report, by London-based recruitment firm Robert Walters and research group Vacancy Soft, said London was “showing signs of potential to threaten San Francisco’s historic dominance of the market.” It noted that London’s fintech sector received more venture capital (VC) funding than any other EU city in 2018, securing 39% of all European fintech funding. Berlin’s […]
Coinbase CEO Brian Armstrong: Cryptocurrency needs 3 things for mass adoption
Brian Armstrong, CEO of popular cryptocurrency exchange Coinbase and long-time Bitcoin proponent, has issued a list of what he believes cryptocurrency needs to accomplish in order to reach mass adoption. Speaking in 45-minute Ask Me Anything (AMA) session published to YouTube on April 2nd, the CEO outlined three things that are paramount to both crypto and Bitcoin growth: volatility, scalability and usability. While Armstrong answered a number of community-submitted questions, the first and most pressing appeared to be what the industry needed to achieve mass adoption–a breakthrough that many believe to be the most sustainable route for digital asset growth. According to Armstrong, adoption for the industry is largely being […]
Bitcoin enthusiasts see end to bear market
After a brutal bear market that’s stretched 16 long months, Bitcoin enthusiasts are ready to declare that the dreaded “crypto winter” is finally at an end.
SocietyOne targets $50M through launch of Personal Loans Unit Trust
Australia’s leading marketplace lender, SocietyOne, is targeting $50 million through the launch of a Personal Loans Unit Trust designed to increase simplicity, liquidity, diversification, and access for its wholesale investors. The Trust will provide investors with a consistent monthly income stream and enhanced liquidity, with an expected return of 6 per cent per annum. It will invest in a diversified portfolio of SocietyOne’s fixed rate unsecured personal loans, and includes a reserving mechanism that smooths earnings across the portfolio. “We believe this new Unit Trust model will help to significantly simplify the experience of investing in our portfolio of personal loans, and provide investors with greater access to this asset […]
