New Era in Banking? Digital Only Varo Bank Files for National Bank Charter

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Varo Money has applied for a national bank charter from the Office of the Comptroller of the Currency (OCC) and with the Federal Deposit Insurance Corporation (FDIC) for federal deposit insurance. This is the next step in creating a digital only challenger bank (Varo Bank) that… Read More

SEC’s Division of Corporate Finance & Enforcement Issue Joint Statement on ICO Report

The SEC Division of Corporate Finance and Enforcement have jointly published a public statement regarding the DAO investigation and the ensuing report and cautionary statement on ICOs. The two powerful branches of the SEC came together in recognition of the changing world of finance as… Read More

The SEC ICO & DAO Announcement Decoded & Explained in Simple, Layman’s English

My Facebook Messenger was blowing up this afternoon. “OMG Have you seen this?” “What does this mean?” “Can you explain what this says in stupid people talk?” They were all referring to today’s SEC  announcement on ICOs. So, I’ll take 15 minutes from what was… Read More

Here is the SEC Investigative Report on ICOs that Will Squelch Emerging ICO Market

The Securities and Exchange Commission (SEC) issued an investigate report on the fast growing Initial Coin Offering (ICO) market that will squelch the ICO market, at least in the US. The report, embedded below, was specifically directed at the DAO or Decentralized Autonomous Organization that… Read More

SEC Issues Investigative Report on ICOs. Cautions Investors that Issuers are Subject to Federal Securities Law

The Securities and Exchange Commission (SEC) issued an investigative report today that may chill the booming Initial Coin Offering (ICO) market that has experienced hockey stick like growth in recent months.  The SEC cautioned market participants that sales of digital assets by “virtual” organizations are… Read More

Tabb Group Announces Upcoming Fintech Festival in New York

Tabb Group, an international research and consulting firm that’s focused exclusively on capital markets, announced on Monday it will be hosting the 2017 Tabb Group Fintech Festival on November 2nd at the New York Hilton Hotel. While sharing details about the upcoming event, Anthony Perrotta,… Read More

Update: WIT Fitness to Complete Crowdcube Round With More Than £1.2 Million in Funding

With its Crowdcube campaign set to close later this evening, sports retailing brand WIT Fitness has secured more than £1.25 million from over 400 investors. The initiative was launched earlier this month and raised its initial £840,000 funding target within a matter of days. As previously… Read More

British Insurance Brokers’ Association Debuts Insurtech App to Help Speed Up Claim Process

On Tuesday, the British Insurance Brokers’ Association (BIBA) announced it has teamed up with Insure Apps to launch a new insurtech app, called Claims Made Easy, that may reduce the average claims reporting of 23 days by up to 90%. According to BIBA, the app significantly… Read More

To Fight Legal Woes: Snopes Launches GoFundMe Campaign to Save Website

Snopes.com, a website that describes itself as the definitive Internet reference source for urban legends, folklore, myths, rumors, and misinformation, launched a crowdfunding campaign on GoFundMe to stop legal woes from causing it to shut down for good. Launched in 1994 by founder David Mikkelson,… Read More

Seed&Spark Roundup: Leading Film Industry Crowdfunding, Hosting Hometown Heroes Filmmakers Rally

Seed&Spark has made its niche within film industry crowdfunding, raising over $7M for film projects since launching in 2012 under the helm of CEO & Founder Emily Best. The platform is currently hosting a crowdfunding rally for national filmmakers in partnership with Mark Duplass.  The… Read More

Overfunding: Fresh-Range Secures £300,000 Funding Target Just Days After Seedrs Debut

Fresh-Range, a UK-based food tech company that is seeking to redefine food fulfillment, has successfully secured its initial £300,000 funding target from more than 75 investors through equity crowdfunding platform, Seedrs. As previously reported, Fresh-Range was co-founded in 2014 by brothers Rich Osborn and Steve Osborn along with… Read More


PayNearMe’s New Partnership with Blackhawk Network Increases its Retail Store Count to 30K

U.S. electronic cash transaction network PayNearMe has partnered with Blackhawk Network (NASDAQ:HAWK), a global fintech company specializing in connecting brands and people through branded value solutions. PayNearMe now offers consumers the ability to pay with cash for rent, bills, online purchases and other goods and… Read More

DailyPay Celebrates One Millionth Payment & New Emoji Pay Feature

DailyPay, a financial solutions company that aims to reduce employee turnover and increase retention through instant access to wages, today announced its one millionth payment made through the company’s platform. DailyPay experienced a rapid growth trajectory with its customer base growing at 30 percent month… Read More

Tim Draper Invests in Credo’s Initial Coin Offering Set to Launch Tomorrow (July 26)

BitBounce is a cryptocurrency spam solution and Credo is a cryptocurrency that can be used via BitBounce to help manage spam. Credo is preparing to launch their Initial Coin Offering (ICO) tomorrow (July 26th) and the organizers have reported that Tim Draper, via his VC… Read More

iCapital Receives Capital Injection from Morgan Stanley Investment Management

Morgan Stanley Investment Management (NYSE: MS) has invested in iCapital Network, a fintech platform that aims to democratize alternative investments for high-net-worth individuals and their financial advisors. Morgan Stanley’s investment, together with investments from UBS Financial Services, Inc. (NYSE: UBS) and lead investor BlackRock (NYSE:… Read More

BeerBods Return to Crowdcube: Seeks Funding to Become the Lending Independent Online Retailer of Beer in the UK

Online beer retailer, BeerBod, has returned to equity crowdfunding platform Crowdcube just three years after securing £151,490 from 101 investors. The company is currently seeking £250,000 as it prepares to expand its online retailing platform. In the last two years, the company has launched a range of… Read More

UK P2P Lender Growth Street Expands Team

UK SME lender Growth Street has brought on board a new Director of Sales, Head of Relationship Management and Business Development Manager as the firm’s expansion continues. The new appointments bring a wealth of sector experience to Growth Street. Chan Purewal, formerly of Boost Capital and… Read More

Credit Scoring Firm Aire Secures $5 Million During Series A Funding Round; Forms Partnerships With Zopa & Toyota Financial Services

Credit score firm Aire recently secured $5 million during its Series A funding round led by Sunstone Capital with participation from White Star Capital. The company states it gives people a new credit to help them qualify for essential financial products. It is authorized and… Read More

Modular Contemporary House Designer nHouse Seeks £495,000 on Crowdcube

nHouse,  a new modular housing brand designed by architect Richard Hywel Evans, has launched an equity crowdfunding campaign on Crowdcube, seeking £495,000 to finish its prototype and secure its global intellectual property rights. According to the company, the ‘n’ in its name stands for new, is an… Read More

Bootstrap Legal is First Robo-Lawyer for Real Estate Investing

  Bootstrap Legal is a new Legaltech and Fintech startup that has officially launched today. Bootstrap Legal is a software service that automates the drafting of complex legal documents for smaller real estate projects. The service was luanched in recognition of the fast changing world… Read More

Digital Challenger Bank Banco BNI Europa Reaches Profitability in 2017

Banco BNI Europa, a digital challenger bank based in Portugal, has announced it has reached profitability in the first half of 2017, its third year in operation. Banco BNI Europa said its total assets grew 36.7% reaching almost €500 million in June this year. Total… Read More