General News

Lendio’s Latest Survey Reveals: Small Business Retailers Positive about Holiday Season Prospects

small-business-saturday

Marketplace for small businesses Lendio announced on Thursday  the results of its latest survey showing that small business retailers also have a positive outlook about this holiday season. According to Lendio, the survey observed retailers with under 100 employees and 87% of the small businesses… Read More

P2P Lending Platform CapitalStackers Receives Full FCA Authorization

Approved Stamp

UK peer-to-peer lending platform CapitalStackers announced it received full authorization from the Financial Conduct Authority (FCA) following a detail assessment.  The company described itself as a direct peer-to-peer lender and matches developers seeking finance with investors. Its key mission is to plug the funding gap between… Read More

DBS & EY: China Outpaced London, NY & Silicon Valley to Become the World’s Undisputed Global Fintech Leader

james-lloyd

According to the new report “The Rise of Fintech in China” by DBS and EY, China has outpaced London, New York and Silicon Valley to become the world’s undisputed global fintech leader. Neal Cross, DBS chief innovation officer, indicated that favorable government policies and regulations contributed… Read More

Mambu Selects Chiou Hao to Set Up New Singapore Office

Chiou Hao

Mambu, the SaaS banking platform provider, announced the opening of its first office in the APAC region. Mambu’s APAC clients are spread across China and South East Asia as well as Australia and New Zealand, accounting for nearly a third of the company’s total business to date…. Read More

Companisto Campaigns Zoooom! AMG Sicherheitstechnik, Kumpan, Beach-Inspector & Bier-Deluxe Overfunding

kumpan

Currently four campaigns are seriously overfunding on the German crowdfunding platform Companisto. AMG Sicherheitstechnik, a German-based company with 12 years of experience in counseling and sales and over 50,000 clients worldwide, which launched a burglar chasing system branded Alarmtab and closes this Friday has raised over 730,070€… Read More

African Fintech: Visa Links with Hong Kong VC/Incubator Nest to Launch Bootcamp

jabu-basopo

Visa has partnered with the Hong Kong-based VC firm and incubator Nest to run a four-day fintech bootcamp in Nairobi for innovative startups in Africa, according to a release. Nest mentors will join executives from Visa’s teams in Kenya, South Africa, and the UAE to coach selected… Read More

Federal Reserve Publishes New Research on Fintech Monitoring

fintech

Earlier this week, the Federal Reserve published a research paper on fintech monitoring. According to the organization, this new paper refers the technology as a combination of components such as peer-to-peer networking, distribution data storage, and cryptography. The Federal Reserve revealed in the document: “Digital… Read More

Pebble Officially Addresses Fitbit Acquisition: Set to Refund Pebble Time 2 & Core Kickstarter Backers

pebble-2

After continuing to remain silent about Fitbit’s possible acquisition, famous Kickstarter alum Pebble announced to backers on Wednesday that the acquisition is officially happening. As previously reported, Eric Migicovsky, the founder of Pebble, debuted the wearable tech on Kickstarter’s crowdfunding platform in 2012.  Its first campaign… Read More

CME Group’s Rumi Morales Joins Chamber of Digital Commerce’s Board of Advisors

Rumi Morales

The Chamber of Digital Commerce announced on Wednesday it has appointed CME Group executive Rumi Morales as a new member of its board of advisors. The organization revealed that prior to joining CME Group six years ago, Morales led the APAC business of Goldman Sachs’ Global Markets… Read More

Barbara Corcoran Announces Winners of the OnDeck Seal of Approval Contest

barbara-corcoran

Small business online lender OnDeck (NYSE: ONDK) and entrepreneur Barbara Corcoran announced on Wednesday the winners of the 2016 OnDeck Seal of Approval Contest. It was revealed that the winners were chosen from over 1,000 submissions. Each will receive a $10,000 cash prize from OnDeck and a one-on-one… Read More

Partech Ventures Secures €100M for Partech Entrepreneur II Seed Fund

Romain Lavault

Partech Ventures announced on Tuesday it raised €100 million for its seed fund, Partech Entrepreneur II. The fund was launched in April 2015 as a way to help fund startups in the seed phase. According to general partner at Partech Ventures, Romain Lavault, the initial “hard cap” of the… Read More

Biometrics Technology Company Veridium Appoints Former HSBC Fintech Head James Stickland as New CEO

Handshake

Veridium, a biometrics-based authentication technology, announced on Wednesday it has appointed James Strickland as its new CEO. Stickland has served in senior executive roles for HSBC, JPMorgan Chase, and Cisco. His most recent position was managing director of fintech firm, Red Deer Systems. According to Veridium,… Read More

Crowdfunder UK, Ethex, & ThinCats to Team Up With Big Society Capital For Crowd Match Fund

Money UK Europe Euros Pounds

On Wednesday, Crowdfunder UK announced it, along with Ethex and ThinCats, will be partnering with Big Society Capital for a new £10 million Crowd Match Fund, which will allow the public to invest directly in charities and social enterprises. The trio will help connect people with the… Read More

LendInvest Announces Four New Dates For Property Development Academy Course

Christian Faes & Ian Thomas - LendInvest - March2016

LendInvest, a leading online mortgage lender in the UK, announced last week new dates for its Property Development Academy course. According to the LendInvest team, interest in the lender’s first Property Development Academy course was impressively large, with 200 people applying for the 25 slot…. Read More

Karen Mills, Harvard: Regulate, But Allow Online Lending Market Space to Innovate

Karen Mills and Barack Obama

Senior Fellow at Harvard Business School Karen Gordon Mills along with VP of Strategy at Fundera, Brayden McCarthy, have recently posted a working paper on SME lending. Mills is also the former Administrator of the Small Business Administration – a post she held during the Obama administration just… Read More

Deutsche Bank Strengthens Innovation Team By Appointing Elly Hardwick as Head of Innovation & Philip Milne as CTO for Innovation

Handshake

Deutsche Bank announced on Monday it is strengthening its fintech and innovation presence by appointing Elly Hardwick as Head of Innovation and Philip Milne as CTO for Innovation. According to Deutsche Bank, Hardwick will work closely with fintechs and the bank’s business divisions to drive the adoption of… Read More

Indiegogo & General Assembly Announces New Flash Funding Challenge

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Indiegogo and its partner, General Assembly, announced on Tuesday their latest flash funding challenge. The crowdfunding platform revealed General Assembly gathered three Indiegogo projects whose missions align with their community’s focus on education, cause, and tech, and now the partners are collecting votes on which idea you’d like… Read More

PALMco Energy Set to Match Donations For All Connecticut Schools’ Environment Science Education Projects on DonorsChoose

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PALMco, a family-owned and operated energy supply company, announced on Tuesday it is set to match donations to all environmental science education projects in Connecticut schools in partnership with crowdfunding platform, DonorsChoose. This partnership’s “Double Your Impact” initiative, is notably the fourth initiative between PALMco and… Read More