June 23, 2017 @ 3:09 pm By JD Alois  |  

Here is another document that points to China’s size, dominance and creativity when it comes to financial innovation.  EY has published the “Fintech Adoption Index 2017” that grades the various markets where EY operates so just about most of the developed world. When you think… Read More

June 23, 2017 @ 2:59 pm By Samantha Hurst  |  

The Tokyo Metropolitan Government (TMG) announced on Friday it is set to invite foreign companies to participate in the upcoming FinTech Business Camp Tokyo event. It was revealed: “TMG is preparing a new plan which can be termed the ‘Financial System Reform in Tokyo —… Read More

June 23, 2017 @ 2:49 pm By Cole Lyons  |  

The Boston based company Fintech Sandbox and the Ontario Centres of Excellence (OCE) signed a memorandum of understanding (MOU) to work together to bring the Fintech Sandbox model into Ontario and eventually the rest of Canada. The President and CEO of OCE, Dr. Tom Corr,… Read More

June 23, 2017 @ 1:51 pm By Samantha Hurst  |  

New Zealand-based peer-to-peer lending marketplace Harmoney announced on Friday it has officially achieved $500 million transaction milestone in just under three years of operation. The online lender reported that 30,000 Kiwis have joined its community and have two challenger NZ owned banks, TSB and Heartland,… Read More

June 23, 2017 @ 12:48 pm By Samantha Hurst  |  

Injeq Oy (Ltd), a Finland-based MedTech company, is set to close its equity crowdfunding campaign on Invesdor more than €1.1 million from over 450 investors. The company, which launched the initiative last month, sought to raise €825,000 to bring its smart Injeq IQ-Needle to the European medical… Read More

June 23, 2017 @ 12:16 pm By Samantha Hurst  |  

With its fourth equity crowdfunding campaign set to close on Crowdcube in less than two weeks, Powervault is close to securing 1 million from more than 600 investors.  The home battery system company, which was founded in 2012, currently has a pre-money valuation of more than £8… Read More

June 23, 2017 @ 12:00 pm By JD Alois  |  

While the revelation that online mortgage lender Sindeo was turning off the lights and shutting down was disappointing news in the Fintech space. But other online mortgage lenders continue to execute and grow. One of the most promising is loanDepot, the creation of CEO Anthony… Read More

June 23, 2017 @ 11:43 am By Samantha Hurst  |  

EXMO, a UK-based cryptocurrency exchange operating in multiple fiat and cryptocurrency pairs, announced on Friday it has added Waves Platform to its list of offered coins. EXMO reports it will initially list the WAVES/BTC pair as well as USD and EUR fiat options. It also supports Russian… Read More

June 23, 2017 @ 10:59 am By Samantha Hurst  |  

Dutch fintech firm Adyen announced on Friday it has received a pan-European banking license that allows it to bypass banks and process cross-border payments directly to its merchant customers. According to Adyen’s chief executive, Pieter van der Does, the Amsterdam-based company received the license in… Read More

June 23, 2017 @ 10:44 am By Samantha Hurst  |  

Microsoft Accelerator Shanghai (MASH), which was launched in January 2017, hosted its first batch’s graduation and demo day on Thursday. The event showcased a total of 14 startups that participated in the program. According to the program,10 out of the 14 startups have received new… Read More

June 23, 2017 @ 8:10 am By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) and the Japan Financial Services Agency (JFSA) have announced a framework for co-operation to promote Fintech innovation in Japan and Australia. A formal “Exchange of Letters” ceremony between Australian Ambassador to Japan, the Hon Richard Court AC and State Minister… Read More

June 23, 2017 @ 7:51 am By JD Alois  |  

Launched in 2013, Sindeo opened up offices in San Francisco “to revolutionize the way people plan, shop and secure a mortgage.” Founded by CEO Nick Stamos and Ori Zohar, Sindeo quickly raised funding to fuel sector growth for their online lending platform including a $5… Read More

June 23, 2017 @ 6:58 am By Cole Lyons  |  

One of the world’s leading accelerators for Fintech Startups, Starupbootcamps, announced their first round of companies that will join their inaugural program in Mumbai, India. These startups beat out nearly 300 other companies from Asia, Africa, Europe, and the Middle East. Since its launch in… Read More

June 22, 2017 @ 10:43 pm By JD Alois  |  

DreamFunded, a FINRA approved Reg CF portal, has pivoted from its original model of providing access to capital for early stage companies. Today, instead of the next cool startup gracing the pages of DreamFunded there are single family homes up for investment. Crowdfund Insider contacted… Read More

June 22, 2017 @ 6:09 pm By JD Alois  |  

LendingClub (NYSE:LC) has announced its first first self sponsored securitization deal had closed. Announced after the market closed, Lending Club issued $279.4 million in notes backed by consumer loans originated on the LendingClub platform. The Consumer Loan Underlying Bond (CLUB) NP Credit Trust 2017-NP1 (CLUB… Read More

June 22, 2017 @ 4:00 pm By Samantha Hurst  |  

Staples, Inc. announced on Thursday it is teaming up with mega singer Lady Gaga to support education and create a positive classroom experience through its Staples for Students Program. According to the office supply retailer, the new partnership will build on its long-standing commitment to support… Read More

June 22, 2017 @ 3:05 pm By JD Alois  |  

Last week there were two companies that raised money crowdfunding under Reg A+ and soon followed by trading on a public exchange. Myomo (NYSE:MYO), raised capital on Banq, and then listed on NYSE MKT. The shares have since traded to a high of about $23 /… Read More

June 22, 2017 @ 3:00 pm By Samantha Hurst  |  

Fintech company OpenFin announced on Wednesday that former Goldman Sachs CTO Paul Walker as been appointed to its board of directors. This news comes just a couple months after the firm secured $15 million during its Series B funding round, which was led by J.P. Morgan, Euclid Opportunities,… Read More