Search Results for: platform black

UK Fintecher Platform Black Rebrands as Sancus Finance Limited

UK-headquartered Platform Black Limited announced that it has rebranded as Sancus Finance Limited with immediate effect. The move comes as part of a strategic review of operations by Platform Black’s owners, GLI Finance Limited. The strategic review, designed to simplify GLI’s structure, included a transfer of its holdings… Read More

Platform Black Welcomes Mackenzie, Townsend & Rajeswaran and their Invoice Trading and Supply Chain Expertise to AltFin Team

Platform Black, a provider of alternative finance to UK businesses, has expanded its team, signalling continuous growth and increasing demand in the sector. Helen Mackenzie, Gayle Townsend and Robert Rajeswaran bring significant invoice trading and supply chain finance expertise and will support the company, which has provided… Read More

Brief: Platform Black Hits £100M Funding Milestone in Invoices for UK SMEs

This week, Platform Black announced it has funded over £100 million in invoices for UK SMEs. The provider of alternative finance has reached this milestone in just three years since the company’s inception, an achievement which highlights the soaring demand from UK businesses for access to… Read More

Overfunding: Empowerment Platform For Black Professionals BYP Network Quickly Surpasses £500,000 Funding Target on Seedrs

BYP Network, an empowerment platform dedicated to black professionals, has quickly surpassed its initial £500,000 equity crowdfunding target on Seedrs. Founded in 2016 after a culmination of Black Lives Matter movement and Kike Oniwinde’s (founder of BYP Network) personal experiences, BYP Network claims it is… Read More

Crowdfunding Platform For Women of Black Origin “BuildHer” Launches

  BuildHer, a UK-based crowdfunding platform for women of black origin, has officially launched its service. Founded in 2018, BuildHer claims it equips disadvantaged young women in Kenya with accredited construction skills, leading to greater financial prosperity, changing male attitudes, and promoting gender equality within… Read More

Insurtech: France-based Akur8, an AI-enhanced Insurance Platform, Secures €8 Million via Series A Round from BlackFin Capital and MTech Capital

Paris-headquartered Akur8, a company that’s developing an artificial intelligence (AI)-enhanced insurance pricing platform, has secured €8 million via a Series A round from BlackFin Capital and MTech Capital. The funds raised will be used to expand the firm’s business operations across North and South America… Read More

Black Eye: Estonia Hit by Shuttered P2P Investment Platforms, Impacted Investors Look for Answers

Last month, Crowdfund Insider reported on two debt-based investment platforms based in Estonia closing their doors leaving investors with many questions and apparently no money. Envestio tweeted that the problem had to do with a “well-planned set of actions aimed to cause significant financial and… Read More

Tokeny and Black Manta Capital Join to Launch Compliant STO Platform for Europe

Black Manta Capital Partners and Tokeny have formed a partnership to build a “fully compliant Multi-STO-Platform.” for Europe. It is important to note that the Black Manta Investment Platform is operated by BMCP’s ​Berlin (BMCP GmbH) which has reportedly received its license within the MiFID… Read More

Fineqia Increases Stake in Insurtech Black Insurance, a Platform to Tokenize Insurance Policies

Fineqia International (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) has increased its equity stake in Black Insurance, an Insurtech that utilizes blockchain tech to tokenize the asset. The exact amount of the investment was undisclosed. This is the second investment from Finequia. According to a release,… Read More

Blackmoon Launches Blockchain-Based Platform for Tokenized Investment Funds

Blackmoon Financial Group, a Fintech firm that operates an online lending platform, has announced a Blockchain based platform to power “tokenized investment funds.” Blackmoon Crypto is described as a one stop solution for asset managers  to create, and manage legally, compliant tokenized funds. Blackmoon Crypto… Read More

Cloud Software Company Blackbaud to Acquire Charity Crowdfunding Platform JustGiving

Cloud software company Blackbaud, Inc. (NASDAQ: BLKB) announced on Monday it has entered into an agreement to acquire UK-based charity crowdfunding platform, JustGiving. The acquisition will notably enhance Blackbaud’s capabilities to serve both individual donors and nonprofits, expanding the peer-to-peer fundraising capabilities Blackbaud offers today through… Read More

Brief: BlackRock Enters Joint Venture with German Fintech Platform Youvestor

BlackRock (BLQA) has entered into a joint venture with Germany fintech robo-operator platform Youvestor, according to a press release. BlackRock is primarily aiming the venture to insurance agents, brokers and financial advisors,  distributing its products directly through Youvestor to both end-users and consultants. Mediators will enjoy complete customer and stock protection and obtain a… Read More

Brief: Zombicide Black Plague Secures $4M on Kickstarter; Breaks Board Game Record & Becomes One of the Platform’s Top 20 Funded Projects

CoolMiniOrNot announced that Zombicide: Black Plague has raised more than $4 million from 21,000 backers through Kickstarter. This makes Zombicide: Black Plague the highest funded board game in Kickstarter history. After launch on June 8th, Zombicide: Black Plague raised $1.2 million from eager backers in under 24 hours…. Read More

SeedInvest to Offer Black Capital Fund Managed by Former Sacramento Mayor and NBA Player Kevin Johnson

SeedInvest is introducing a new investment vehicle – the Black Capital Fund. The new fund is on a mission to increase access and build wealth for the African American community. SeedInvest states: “Early-stage venture capital represents a potentially attractive asset class, having returned 14.1% compared… Read More

Overfunding: UK Digital Platform Opportunity Network Quickly Secures £850,000 Funding Target Through Crowdcube Equity Crowdfunding Campaign

Opportunity Network, a digital network that exists to provide equal growth business opportunities to every CEO, has quickly secured its initial £850,000 funding target through equity crowdfunding platform Crowdcube. Founded in 2014, Opportunity Network is an invite-only network for select CEOs and private investors to… Read More

Invest in Black Founders: a Netcapital Demo Day – Virtual

Event description: Netcapital is hosting a Virtual Demo Day on Thursday, June 11, 2020 at 8 PM EDT/5 PM PDT highlighting five Black founders that are currently raising capital on the site.   The webinar will feature five inspiring Black founders who are leading innovative companies…. Read More

Mobile Commerce Platform Button Names Spainsh Neobank Bnext As First Partner in Southern Europe

Button, a mobile commerce technology company, announced on Monday it has formed a partnership with Bnext, a mobile-first neobank of Spain. Button reported through the partnership, Bnext users can seamlessly shop and save money with various brands, including AliExpress, Groupon, and Black Limba, powered by Button’s technology…. Read More

Global Venture Capital & Impact Investment Platform Future Planet Capital Quickly Nears £1.4 Million Funding Target on Seedrs

Future Planet Capital, a UK and Cayman Islands-based global venture capital and impact platform, is now seeking £1.4 million through its equity crowdfunding campaign on Seedrs. Founded in 2017, Future Planet Capital claims to be the world’s foremost global innovation investment platform. The company has… Read More

Construction Fintech Platform Briq Secures $10 Million Through Series A Funding Round

Briq, a U.S.-based fintech platform specifically for construction, has raised $10 million through its Series A funding round, which was reportedly led by Blackhorn Ventures with participation from Eniac Ventures, MetaProp NYC, and Darling Ventures. The company’s total funding since inception is now up to… Read More

Germany-based Black Manta Capital Partners Teams Up with Finoa to Offer Custody Solutions for Security Tokens to Institutional Clients

Germany-based Black Manta Capital Partners, a security token offering (STO) platform, has teamed up with Finoa, a digital asset custody firm, in order to offer custody solutions for security tokens to institutional clients. Both companies aim to work together to create a compliant security token… Read More

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