May 24, 2017 @ 10:17 am By Jonathan Nieh  |  

R3, the head of the world’s largest consortium of financial institutions collaborating to build a platform and commercial applications for distributed ledger technologies, announced it had secured $107 million in funding as part of its Series A round. The figure is the largest investment in distributed… Read More

Read more in: Blockchain & Digital Currency, Fintech, General News, Global, Offerings  |  Tagged bitcoin, corda, distributed ledger technology, r3, r3 blockchain consortium, series a

May 24, 2017 @ 10:00 am By Erin Hobey  |  

“Our aim is to enable women behind and in front of the camera in the industry during a time when gender inequality still exists.” UK online investment platform SyndicateRoom announced that the independent UK film Kat and the Band has been fully funded, having reached its £400,000 target…. Read More

Read more in: Crowdfunding Portals, General News, Global, Offerings  |  Tagged boudica indigo, esther hegarty, film, goncalo de vasconcelos, ian davies, jemma field, michael mueller, rebecca long, salty, syndicateroom, uk, united kingdom

May 24, 2017 @ 7:59 am By JD Alois  |  

Funding Circle, an online lender for SMEs, has received full authorisation by the Financial Conduct Authority (FCA).  Funding Circle is now queued up to offer the IFISA – an event that is expected to fuel platform growth even further. The FCA has struggled to complete… Read More

Read more in: Crowdfunding Portals, Global  |  Tagged fca, funding circle, james meekings, uk, united kingdom

May 24, 2017 @ 7:14 am By JD Alois  |  

Judopay, a UK-based “AppCommerce” payments platform, has appointed Ryan Farley as its new CEO. Farley takes over just as Judopay secures reinvestment from key shareholders having exceeded growth expectations over the past year. Judopay predicts mobile commerce (or m-commerce) is set to grow 200% faster… Read More

Read more in: Fintech, Global  |  Tagged dennis jones, judopay, payments, ryan farley, united kingdom

May 24, 2017 @ 6:53 am By JD Alois  |  

Peer to peer lender Relendex has launched its Innovative Finance ISA (IFISA) following authorisation by the Financial Conduct Authority (FCA). Relendex offers loans for commercial real estate via its online marketplace. The UK Government introduced the IFISA in April 2016 as a vehicle for investors to… Read More

Read more in: Crowdfunding Portals, Global, Real Estate  |  Tagged ifisa, michael lynn, relendex, uk, united kingdom

May 24, 2017 @ 5:36 am By Erin Hobey  |  

The international lending firm iwoca and payment service provider PayU launched an innovative collaboration aimed at making it easier for SME entrepreneurs, particularly those in the eCommerce and eService industries, to obtain financing for growth. The new solution enables the entire lending process to take place online,… Read More

Read more in: Fintech, General News, Global  |  Tagged mario shiliashki, mariusz zabrocki, poland, SME, xero

May 24, 2017 @ 5:14 am By Erin Hobey  |  

Orca, a leading independent data, research and analysis providers on the UK P2P lending market has announced its plans to launch its own four-factor rating service for individual P2P providers, the Orca Rating. The rating will be designed in partnership with Dublin City University’s Irish Centre for… Read More

Read more in: Fintech, General News, Global  |  Tagged belfast, iain niblock, ireland, orca rating, p2p lending, theo lynn, uk

May 24, 2017 @ 4:54 am By Erin Hobey  |  

OurCrowd, a global leader in equity crowdfunding, today announced that it will invest $2.5 million (as part of a recently completed $7 million investment round) in Scopio Labs, a developer of an advanced digital microscopy and diagnostics platform. This is OurCrowd’s 23rd healthtech investment for… Read More

Read more in: General News, Global  |  Tagged ai, biotech, dor skuler, elad benjamin, erez na’aman, healthtech, intuition robotics, israel, itai hayut, jon medved, medtech, MIXiii Biomed 2017, scopio labs, zebra medical vision

May 24, 2017 @ 1:27 am By JD Alois  |  

Designer Wardrobe, a New Zealand based fashion marketplace, has successfully raised $1.7 million through online private equity marketplace Snowball Effect. The raise attracted investment from several prominent investors, including Stephen Tindall’s K1W1 fund and venture capital investor Aaron Bhatnagar, as well as solid interest from over 150… Read More

Read more in: Global, Offerings  |  Tagged designer wardrobe, donielle brooke, k1w1, new zealand, simon moutter, snowball effect, stephen tindall

May 23, 2017 @ 8:08 pm By JD Alois  |  

Waves Platform, a decentralized platform for launching crowdfunding campaigns and issuing digital assets, says it has launched its flagship Euro gateway. The Waves Platform completed its Initial Coin Offering (ICO) in June 2016, garnering more than $16 million (30,000 BTC) and becoming one of the… Read More

Read more in: Blockchain & Digital Currency, Global  |  Tagged blockchain, ico, initial coin offering, russia, sasha ivanov, waves platform, weur

May 23, 2017 @ 4:32 pm By JD Alois  |  

TransferWise, the Fintech unicorn, announced the creation of “Borderless Accounts”. These new accounts make doing business easier as there is no need to pull your funds back into your home account which is typically a bank. As TransferWise explains:  “… now, you can say to… Read More

Read more in: Fintech, Global  |  Tagged borderless accounts, transferwise

May 23, 2017 @ 3:21 pm By JD Alois  |  

Typically it is the traditional bank investing in, or acquiring a promising Fintech firm. But in this case it is the other way around. Danish Fintech firm Clearhaus has purchased a 33% stake in Copenhagen Cooperative Bank to adjust its business model. Clearhaus explains that… Read More

Read more in: Fintech  |  Tagged claus christensen, clearhaus, copenhagen cooperative bank, denmakr, denmark, payments

May 23, 2017 @ 1:18 pm By JD Alois  |  

SyndicateRoom, an online investment platform, is offering its members the option to participate in the initial public offer (IPO) of AEW UK Long Lease Real Estate Investment Trust (REIT), on the main market of the London Stock Exchange (LSE). The REIT is currently open for… Read More

Read more in: Crowdfunding Portals, Global, Offerings  |  Tagged aew, lse, reit, steve smith, syndicateroom, tom britton

May 23, 2017 @ 11:13 am By JD Alois  |  

UK-based private investment house IW Capital has completed the first close of a £2.2 million funding for SaveMoneyCutCarbon. The company is an energy and water savings consultancy and online retailer. SaveMoneyCutCarbon works with organizations and homes to reduce energy and water consumption and cut operating… Read More

Read more in: Global, Offerings  |  Tagged eis, iw capital, savemoneycutcarbon, tim lawrence, uk, united kingdom

May 23, 2017 @ 9:34 am By JD Alois  |  

The International Finance Corporation (IFC), part of the World Bank, and the Monetary Authority of Singapore (MAS) have signed a “Memorandum of Cooperation” agreeing to establish and develop the ASEAN Financial Innovation Network (AFIN). AFIN will strive to increase the adoption of Fintech innovation and… Read More

Read more in: Asia, Fintech, Global, Politics  |  Tagged asean, ifc, international finance corporation, mas, monetary authority of singapore, singapore, sopnendu mohanty, vivek pathak, world bank

May 23, 2017 @ 9:02 am By JD Alois  |  

Austrian Fintech startup Credi2 GmbH, operating under the brand cashpresso, has received recognition as the Best Fintech Startup 2017 as part of the Banking and Insurance Summit held in Berlin, Germany this week. According to cashpresso, this year approximately 120,000 customers evaluated the 184 participating… Read More

Read more in: Fintech, Global  |  Tagged austria, cashpresso, credi2, daniel strieder, jorg skornschek, michael handler, online lending

May 23, 2017 @ 8:29 am By JD Alois  |  

Social Bluebook is a new marketplace where content creators (YouTube, Instagram, Twitter, etc.) are matched with advertisers. The platform was launched in recognition of the growing shift in marketing where brands and businesses leverage social media to promote their services.  Social Bluebook says it now… Read More

Read more in: Offerings  |  Tagged chad sahley, marketing, regulation a, sam michie, social bluebook

May 23, 2017 @ 7:41 am By JD Alois  |  

Peer to peer property lender EstateGuru has shared that investors on its platform have now earned in excess of €1 million. The Estonia-based company said that nearly 6900 investors from 39 different countries have earned, on average, 12.63% since platform launch in 2014. EstateGuru also reports there… Read More

Read more in: Crowdfunding Portals, Global, Real Estate  |  Tagged estateguru, estonia, marek partel