Fintech World News Roundup
3. Cactus Advisors宣布对两家非洲互联网金融公司进行投资
4. 为应对区块链狂潮 俄罗斯银行宣布成立互联网金融协会
印度Ratings & Research研究表明，在过去两年，印度的非银行贷款数量上涨40%，总额达到2000亿美元。
6. 印度无现金化继续推动 支付应用Aadhaar发展受阻
7. All By Mama宣布在Crowdcube众筹获得7.6万英镑
All By Mama是一家致力于家长业务的电商公司。近日，All By Mama宣布结束其在Crowcube的股权众筹活动。有关负责人表示，公司获得了将近7.65万英镑的资金，超过预期的7.5万英镑。
9. 2016年共获2500万欧元众筹投资 Invesdor喜迎里程碑
1. Republic of Georgia to Introduce Blockchain Platform for Real Estate Documents
The country of Georgia is set to introduce and implement a blockchain platform that will enable citizens to receive information about real estate digitally from documents stored on the distributed ledger.
Announced last month by Georgia's Minister of Justice Tea Tsulukiani, the blockchain platform will be put to use this year, in 2017. (Source: Cryptcoins news)
2. Vietnamese fintech startup Tima closes Series A funding from Singaporean investor
Vietnamese peer-to-peer (P2P) lending fintech platform Tima announced that it has secured Series A funding from an anonymous Singaporean investor.
Launched in 2015, the company stated that the deal was closed at a seven-figure US dollars and the amount raised will be utilized to boost the company's growth in Vietnam.
Tima claims to be the first fintech startup to successfully operate P2P lending in Vietnam. (Source: EconoTimes)
3. Cactus Advisors invest in two African fintech firms
Cactus Advisors, a multi-disciplinary business advisory firm, announced the closing of its second and third investments of CY 2016 into African fintech startups - Flutterwave and E-Factor.
Flutterwave is a San Francisco-based team of African entrepreneurs, fintech and mobile payment experts that provides end-to-end payments technology and infrastructure with single API integration.
E-Factor is a South African-based Fintech company that has created a digital factoring platform where companies can sell their receivable invoices through an auction to investors with the highest bid. (Source: EconoTimes)
4. Bank of Russia to set up Fintech Association amid blockchain push
The Bank of Russia has announced that its representatives, along with financial market participants, have approved the decision to set up an Association for Financial Technologies Development (Fintech Association).
The meeting, held on 28 December 2016, approved the Association's charter, the composition of its founding members and the Supervisory Board. A chief executive officer has also been appointed. (Source: EconoTimes)
5. Indian Alt Lending Backed By Goldman, KKR
According to the Wall Street Journal, India is seeing a surge in alternative lending from global players such as KKR and Goldman Sachs. While the amount of the loans being offered is still much smaller than those distributed by the big banks, the sector is still growing quickly.
Research from India Ratings & Research revealed that lending by nonbank finance companies increased 40 percent to an estimated $200 billion within India's economy over the last two years. (Source: PYMNTS)
6. Aadhaar Payment App Not Without Issues
The Aadhaar payment app, another part of India Prime Minister Narendra Modi's initiative to establish a cashless society, was launched this week and allows customers to make free transactions across the banking system via Android mobile devices.
Merchants are enabled to accept payment from any customers registered into the system with the use of a biometric reader, which allows them to avoid the charges that banks or card networks normally impose.
But with the new launch have arisen some issues with the new payment method.
The biggest, Forbes contributor Tim Worstall explained, is the fact that much of India's population is unbanked and therefore cannot participate in the Aadhaar payments system at all. (Source: PYMNTS)
7. All By Mama Set to Close Crowdcube Campaign With Over￡76,000 in Funds
All By Mama, an online marketplace that's dedicated to parent-run businesses, is set to close its equity crowdfunding campaign on Crowcube, later today. The company has successfully secured its initial ￡75,000 funding target and is now nearing ￡76,500. (Source: Crowdfund Insider)
8. HKMA and ASTRI launch 'Fintech Career Accelerator Scheme' to offer fintech intership
The Hong Kong Monetary Authority (HKMA) announced that it has collaborated with the Applied Science and Technology Research Institute (ASTRI) and launched the Fintech Career Accelerator Scheme (FCAS) in order to nurture talents and meet the growing needs of fintech in Hong Kong.
The FCAS aims to offer practical internships for undergraduate and postgraduate students who are interested in developing their careers in the fintech industry. The project is being supported by 11 banks including Bank of China (Hong Kong), The Bank of East Asia, BNP Paribas Hong Kong, Citibank (Hong Kong), DBS Bank (Hong Kong), among others and nine universities including City University of Hong Kong, Hong Kong Baptist University, Hong Kong Shue Yan University, Lingnan University, among others. (Source: EconoTimes)
9. Invesdor Milestone: Hits €25 Million Invested on Equity Crowdfunding Platform Before 2016 Ended
On Monday, equity crowdfunding platform Invesdor announced €25 million has been invested through its equity crowdfunding platform. This milestone was achieved just before 2016 came to a close.
The funding portal was founded in 2012 and has since expanded into other products and markets. It currently offers both debt and equity for domestic and international issuing firms.