Blockchain and Artificial Intelligence Innovation Dominate Theme of Recent FCA Regulatory Sandbox New Successful Companies

POINT ROBERTS, Washington and DELTA, British Columbia, August 14, 2018 /PRNewswire/ --

Blockchain technology company Fineqia International Inc. (CSE: FNQ.CN), (OTC: FNQQF) to test issuance and administration of bonds backed by cryptoassets 

Investorideas.com, a leader in Blockchain content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com issues a fintech sector close-up looking at recent innovation being tested and accepted in the Financial Conduct Authority (FCA) Regulatory Sandbox.

The Regulatory Sandbox allows firms to test innovative products, services or business models in a live market environment, while ensuring that appropriate protections are in place. It is part of 'Innovate', an initiative kicked off in 2014 to promote competition in the interest of consumers. Since its inception, 'Innovate' has had over 1,200 applications and has supported more than 500 firms. The Sandbox was a first for regulators worldwide, underlining the FCA's commitment to innovation in financial services.

Twenty-nine recent new companies were just accepted, including Fineqia Limited, the U.K. subsidiary of Fineqia International (CSE: FNQ), (OTC: FNQQF) (Frankfurt: FNQA) with its blockchain based digital platform that enables companies to issue and administer debt and equity securities, including bonds backed by cryptoassets.

The FCA recognized the potential of blockchain-related startups by giving Sandbox access to 11 blockchain and distributed ledger technology-related companies, almost 40% of the 29 accepted.

Other new companies included Fractal, an Insights platform using distributed ledger and artificial intelligence technology to power SME financing by digitising credit applications and connecting loan issuances to the underlying financial data and Meet Mia, a chatbot on Facebook (Quote) Messenger that allows customers to buy and manage travel insurance. Policies are written in plain English and customers can 'ask' the chatbot what they are covered for. Group discounts and automated claims handling will also be available. Source

For investors looking at how to participate in the innovation in fintech represented in this program, there are a range of stocks from small to large that are now accepted.

Fineqia International (CSE: FNQ), (OTC: FNQQF) (Frankfurt: FNQA) just joined a host of other publicly-traded companies with its U.K. subsidiary, Fineqia Limited, accepted into the FCA Regulatory Sandbox, noting its significance in a recent press release.