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

May 23, 2017 @ 3:28 am By Jonathan Nieh  |  

According to a company release, fintech startup MortgageGym secured £2 million in funding from its seed round. The company, which is licensed by the Financial Conduct Authority (FCA), plans to launch this summer and will connect customers seeking a home mortgage with brokers and banks. Customers can upload… Read More

Read more in: Fintech, Global  |  Tagged fca, john ingram, mortgage, mortgage market review, mortgagegym, robo advisor

May 23, 2017 @ 2:26 am By Jonathan Nieh  |  

The Ethereum Enterprise Alliance (EEA) has announced the addition of over 86 new members to the group. The EEA is an alliance of fortune 500 companies, startups, academics, and technology vendors with a shared goal: to build and develop Ethereum with a clear roadmap for… Read More

Read more in: Blockchain & Digital Currency, Fintech, General News, Global, Opinion  |  Tagged deloitte, distributed ledger technology, dlt, ether, ethereum, ethereum enterprise alliance, merck, toyota

May 23, 2017 @ 1:42 am By JD Alois  |  

Estate Baron, a Melbourne-based crowdfunding startup, has announced an initiative to allow property developers the ability to crowdfund their property development projects online by using the Estate Baron platform as a white label service. Estate Baron co-founder, Moresh Kokane, says that the concept will provide… Read More

Read more in: Crowdfunding Portals, Global, Real Estate  |  Tagged australia, estate baron, Moresh Kokane, white label

May 22, 2017 @ 11:02 pm By JD Alois  |  

UK crowdfunding platform Crowdcube has announced a new partnership with fast-growing shared workspace company WeWork.  The new partnership will help boost Crowdcube’s European expansion goals.  Crowdcube will be opening offices in both Paris and Amsterdam within the next two months and will continue to roll… Read More

Read more in: Crowdfunding Portals, Global  |  Tagged benjamin samuels, crowdcube, uk, united kingdom, wework

May 22, 2017 @ 10:06 pm By JD Alois  |  

Ledger Holdings has closed on a $11.4 million Series B funding round. Ledger is the parent company of LedgerX, a Bitcoin options exchange that intends on operating a regulated exchange and clearing house for digital currencies.  The funding was led by Miami International Holdings Inc. (MIH)… Read More

Read more in: Blockchain & Digital Currency  |  Tagged cftc, exchange, huiyan blockchain venture investments, ledger holdings, ledgerx, miami international holdings, options, paul chou

May 22, 2017 @ 9:19 pm By JD Alois  |  

Last week, Crowdfund Insider referenced a report in Bloomberg that Earnest was looking for buyers as it struggled to raise new funds. A company representative has now stated that Earnest is not looking to sell the company. The spokesperson said; “The securitization effort isn’t shelved…. Read More

Read more in: Crowdfunding Portals  |  Tagged earnest, online lending, securitization

May 22, 2017 @ 6:32 pm By JD Alois  |  

Menlo Ventures announced the closing of Menlo Ventures XIV last week, a $450 million fund dedicated to investing primarily in early-stage consumer, enterprise and “frontier technologies”. The funding brings the firm’s total capital to more than $5 billion under management. Menlo management said their current… Read More

Read more in: Fintech, General News  |  Tagged menlo ventures

May 22, 2017 @ 5:51 pm By JD Alois  |  

The Online Lenders Alliance (OLA) has sent a letter to the California Assembly Apparitions Committee stating their “strong opposition” to AB 784.  This bill, if enacted into law, will set a rate cap for consumer loans between $300 and $5000.  OLA states this legislation has… Read More

Read more in: General News, Politics  |  Tagged ab 784, california, legislation, ola, online lending association

May 22, 2017 @ 4:37 pm By JD Alois  |  

ShiftPixy, with the assistance of WR Hambrecht, is moving forward with a Reg A+ offer once again. Last year, ShiftPixy attempted to raise funding using the Reg A+ exemption only to fall short of the goal. The offer  ShiftPixy was on a “best effort” basis to… Read More

Read more in: Offerings  |  Tagged regulation a, scott absher, shiftpixy, wr hambrecht

May 22, 2017 @ 2:40 pm By JD Alois  |  

Decentral has announced that its flagship product, Jaxx , a multi-platform digital currency wallet and exchange, has secured more than 70 new partners and integrations for all things blockchain. Jaxx wants to be the tool that brings digital currencies and digital assets to the masses. “We are bringing together… Read More

Read more in: Blockchain & Digital Currency, Canada  |  Tagged anthony di iorio, blockchain, decentral, dlt, jaxx

May 22, 2017 @ 2:26 pm By JD Alois  |  

The UK has led the European continent in economic growth and Fintech innovation. This welcomed phenomenon is due, in part, to a culture of entrepreneurism and a supportive government. One important catalyst in the growth equation are the tax incentives available to early and mid-stage… Read More

Read more in: Global, Opinion, Politics  |  Tagged conservative manifesto, eis, eis association, enterprise investment scheme, mark brownridge, seed investment enterprise scheme, seis