Tuesday, September 17, 2019
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Impact Focus – Companies and founders disrupting the global financial technology market

Hong Kong crypto firm Diginex Ltd. announced plans to go public today, choosing a U.S. over an Asian stock exchange and seizing on investor interest amid a rally in Bitcoin price. Diginex will list...
Financing of international trade is such a complex and cumbersome business that by some estimates there’s a gap of more than $1.5 trillion between demand and supply. A new wave of startups, many using blockchain-based technology are...
This content is brought to you in partnership with Savvy Investor Two significant shifts are reshaping the private funds and investment industry today. Millennials and Generation Z consumers, their values and how these values...
A trove of fingerprints, passwords and facial recognition data, supposedly protected, were found exposed and accessible online because the database of a company that provides secure access to warehouses and offices was flawed. The...
A pepperoni pizza delivery to Ter Apel refugee camp in northeastern Holland inspired a Blockchain-powered system that one day may enable millions of people to prove who they are without government documents. Today, Toufic...
On Our Radar: Deals we are paying attention to for their impact on industry. The burgeoning offerings of the world’s second-largest economy, China, are irresistible to the largest asset manager, BlackRock. The firm’s CEO, Larry Fink, said it is working with...
Strategic Investors: Profiles of investors with strategies to consider. Everyone involved in the busy, volatile space of blockchain and crypto can remember where they were when JP Morgan Chase boss Jamie Dimon derided cryptocurrencies as a “fraud” in 2017. And...
On Our Radar: Deals we are paying attention to, for their impact on industry. Blackstone launched an impact investing platform this week, signaling that major investors are becoming more active and seeing competitive returns in the social impact sector. The platform...
Before the dust had settled on Facebook’s announcement that it planned to introduce a digital coin, MoneyGram rushed in and announced a deal with cryptocurrency firm Ripple, where it will to distribute Ripple’s digital currency XRP across...
On Our Radar: Deals we are paying attention to, for their impact on industry. Impact investing isn’t on the radar of some family offices yet, but it seems it may be soon as a new generation of investors take over. “We...
In a sure sign that cryptocurrency is close to becoming mainstream, governments around the world are stepping up efforts to make sure they get their cut of the action.The tax enforcement agencies of the U.S., U.K., Canada,...
Jack Ma’s last day as Alibaba’s top executive was on Tuesday, but he’s hardly going quietly into the night. Nor is Ma relinquishing control of the company he started 20 years ago in an apartment and built...
On Our Radar: Deals we are paying attention to for their impact on industry. An internal memo obtained by several major media outlets today revealed that BlackRock Inc. is undergoing its largest organizational restructuring in a decade. The overhaul includes new...
Strategic Investors: Profiles of investors with strategies to consider. Impact investing doesn’t mean settling for lower profits. Veteran impact investor Stephanie Rupp discussed the importance of authenticity in impact investment with Karma Network and how it can enhance financial performance. Ms....
Strategic Investors: Profiles of investors with strategies to consider. Too little of the money flowing from the male-dominated world of venture capital flows to the women who found some of the world’s most innovative companies. That much is well established....
On Our Radar: Deals we are paying attention to for their impact on industry. Ethereum giant ConsenSys is said to be seeking outside funding after a massive restructuring that included the layoff of 13% of its staff last year. The...
Sound Businesses: Profiles of companies and business models we are keeping an eye on. The lack of financial infrastructure in some of the world’s poorest regions — sub-Saharan Africa and parts of South and Southeast Asia, Latin America and the...
Move over Libra: Messenger app Telegram may be set to steal Facebook’s thunder with the debut of its own long-awaited cryptocurrency by the end of October. The launch of the coin, dubbed GRAM, shows...
In this age of advanced technology, the $10 trillion global trade finance industry hasn’t embraced innovation, instead maintaining its dependence on paper-based systems. A single cross-border, trade finance transaction typically consists of 100 pages of documents from...
Sound Businesses: Profiles of companies and business models we are keeping an eye on. With apologies to London and regrets to Wall Street, one of the most important developments in finance of the past decade is the product of innovation...
Pacific Life Insurance’s impact investing platform Swell, which sought to align offerings with the U.N. Sustainability Goals, said this week it would shut the service by August 30 because it didn’t “achieve the necessary scale.”
Sound Businesses: Profiles of companies and business models we are keeping an eye on. Andrei Cherny is not your typical banker. He had written speeches for President Bill Clinton, helped Elizabeth Warren launch the fight for what became the Consumer Financial...
On Our Radar: Deals we are paying attention to for their impact on industry. AIDA Technologies, a Singapore-based artificial intelligence startup, raised an undisclosed amount of funding in a Series A round from Mastercard, Kuok Ventures, and SGInnovate to expand...
On Our Radar: Deals we are paying attention to, for their impact on industry. Mitsubishi UFJ Financial Group Inc. (MUFJ), Japan’s largest bank, will roll out its digital token by the end of 2019, following JP Morgan Chase, the first major...
Sound Businesses: Profiles of companies and business models we are keeping an eye on. Over the past decade, mobile phone technology has provided access to banking services like credit, payments and wealth management to tens of millions in poor areas...
Sound Businesses: Profiles of companies and business models we are keeping an eye on. U.K.-based digital bank OakNorth Holdings Ltd. received a total of $440 million last month, including a $390 million investment from the Vision Fund of Japan’s SoftBank Group Corp....
Sound Businesses: Profiles of companies and business models we are keeping an eye on. At its core, Truepic is a free, consumer-facing app that allows anyone, anywhere to authenticate images. Recently celebrated by Fast Company magazine as the top startup in the social good...
On Our Radar: Deals we are paying attention to for their impact on industry. Boston-based IDG Capital has led a Series C funding round for the Japanese cryptocurrency Liquid.com, contributing an undisclosed amount that has propelled the five-year-old startup to unicorn status. It’s...
While the U.S. Treasury Department expressed concern that terrorist financiers could misuse digital currencies, including Libra and Bitcoin, anti-discrimination advocates say that crypto currencies are not funding terrorist activities, but rather have been adopted to bypass discriminatory...
Perspectives: Opinions from our network of advisors, investors, operators and analysts on the risks and opportunities they see. Just as journalists once viewed the internet as a place where “information wants to be free,” software developers have embraced open source...
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