Erin Hobey

BCN Biotech News: Bionure Overfunding & Nearing 1M€ on Capital Cell

Valued at 9,400,000€, Bionure is overfunding on Capital Cell, raising more than 975,422€ from over 210 investors for 9.27% equity for its neuroprotector and myelin regenerator drug which treat Multiple Sclerosis. Bionure is a biotech-based company that is developing a new drug for the treatment of multiple sclerosis, a… Read More

Irish Biotech Hibergene Diagnostics Links with SyndicateRoom for Series B Round

Hibergene Diagnostics has linked with SyndicateRoom for its Series B round alongside key institutional investor, Cantor Fitzgerald. Hibergene, an Irish medical diagnostics company that specialises in the urgent diagnosis of potentially fatal human infectious diseases, has developed what it believes to be a simple, easy to use and low… Read More

UK Lending Platform RebuildingSociety Awarded Full FCA Authorization, May Now Offer Innovative Finance ISA

rebuildingsociety.com has been awarded full authorization from the Financial Conduct Authority in recognition of our compliance with sector-specific regulations, according to its blog. Authorization means that the platform meets FCA standards and may now offer the Innovative Finance ISA.  Accepting loan applications in September 2012, UK-based… Read More

Accenture/CB Insights Report: Asia-Pacific Fintech Financing Eclipsed North American Investment in 2016

Global investment in fintech ventures grew 10% in 2016, to US$23.2 billion, driven primarily by a wave of blockbuster deals in China, according to Accenture (NYSE:ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm. Fintech financing in Asia-Pacific in 2016 eclipsed… Read More

Irish Online Lender LeBruin Launches Profunder to Target Commercial Real Estate Sector

LeBruin has launched a new online lending platform branded Profunder to specialize in providing loans of between €1m and €3m.  Profunder allows borrowers to apply for a commercial real estate loan through a four-step online application process. Feedback is provided to borrowers at each stage, and… Read More

Personal Finance App Squirrel Swiftly Overfunds on SyndicateRoom

Online equity investment platform SyndicateRoom today announced the successful capital raise of £459,871 for Squirrel, which overfunded to 115% of its original £400,019 target. The fintech company has developed a personal financial management and savings app designed to help people regain control of their money. “We’re thrilled to welcome… Read More

£19.5M in Series B Funding in Hand, Monzo Plans Exciting Crowdcube Return

Fresh from closing its £19.5 million in Series B funding round and celebrating its 2nd birthday, app-only Monzo  (formally know as Mondo) is planning to raise a further £2.5M through crowdfunding, according to multiple news sources. New York-based Thrive Capital led the round, with participation from Passion Capital… Read More

Cloud Lending Closed Latest Financing Round Led by Cota Capital: Global Expansion Continues

Cloud Lending Solutions announced that it had closed its latest financing round led by Cota Capital, with all existing investors participating. The proceeds will be used to continue its global expansion and to further develop its industry-leading lending platform, according to the release. Founded in 2012,… Read More

LendInvest Shares Quarterly UK Buy-To-Let Market Research, Comments from CEO Christian Faes

LendInvest, the UK online property lending and investing business, has released its latest quarterly research Index on the UK Buy-To-Let market. The LendInvest BTL Index ranks each postcode area around England and Wales based on a combination of four critical metrics: capital value growth, transaction volumes,… Read More

$1 Million Prize Awarded to Israeli Insurtech Startups GetmeIns and Seegnature

Israeli startups GetmeIns and Seegnature shared the top $1 million prize in the Insurtech Israel competition, reportedly a first of its kind competition in Israel for startups in the field of insurance technology.  JVP decided to double the grand prize, investing over $2 million in the winners…. 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

Armed with $200M in Lending Capital, Harmoney Launches in Australia

Now the New Zealand-based marketplace lender Harmoney has launched in Brisbane, Australia with over $200M in lending capital targeting the  40+ demographic , according to Australian Broker. Interest rates on the company’s unsecured loans start at 8.99% p.a. with no early repayment fees and the ability to borrow… Read More

SyndicateRoom Report: Millennials Twice as Likely to Embrace Early-Stage Investing

Online investment platform SyndicateRoom announced that millennials are twice as likely to embrace early-stage investing as a means of reaching their financial goals than those aged 51 and up. Over nine in ten (92%) investors aged 18–30 believe a portfolio of diversified early-stage equities would… Read More

Quick Q&A with Founder CH Pinhas as LOVE Turntable nears $670K on Kickstarter

Closing in on $670K, LA-based LOVE Turntable’s Kickstarter campaign easily surpassed its stretch goal with the help of over 1918 backers with 15 days remaining on the campaign. The startup flew past its initial goal within hours of launching its campaign which brings its smartphone-controlled turntable to… Read More

Got In? Now what? GoFundMe Posts Guidebook Utilizing Crowdfunding to Help Pay for College Tuition

According to student support organization College Board, published tuition fees for 2014/15 at state colleges are an average of $9,139 for state residents, and $22,958 for out-of-staters. $31,231 is the average tuition for private non-profit colleges, with Harvey Mudd College topping the list with $67,255…. Read More

PayPal Acquires Canadian Fintecher TIO Networks

 PayPal has gained ground  in the underbanked bill payment space by acquiring the North American processor TIO Networks for $233 million, according to a release. Founded in 1997 and still led by its CEO founder, Hamed Shahbazi, Vancouver-based TIO Networks serves underbanked customers utilizing an online and mobile… Read More

For the Love of Blockchain: Abu Dhabi Global Market + London Fintecher EquiChain

In the news again, Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, is pleased to be a member partner of the industry working group, the Market Infrastructure Group, established by the London-based fintech company, EquiChain. The Group, comprising global industry & financial leaders,… Read More

Ayannah, DarcMatter, BIMA & Bambu Win Awards at Next Money Fintech Finals 2017

Singapore-based fintech startup Bambu was the winner of the Best Early Stage Startup Award at Fintech Finals 2017 in Hong Kong last month. Other highlights from the Fintech Finals 2017 included Ayannah winning the overall title, Best in Show, while DarcMatter won for Best Growth… Read More

CEOs Segal & Koota Comment on Artoo’s Partnership with Grameen Koota

Grameen Koota, a pioneer in rural lending, is expanding its product portfolio and venturing into individual lending for its rural customer base by partnering with fintech firm Artoo. Grameen Koota plans to develop a digital lending model to launch individual business loans utilizing Artoo’s intelligent digital platform… Read More

Royal Bank of Scotland Plans Edinburgh Fintech Accelerator

Royal Bank of Scotland has announced plans to open a fintech accelerator and relationship hub for startups at its Gogarburn headquarters in Edinburgh. For the past year, the bank’s newly-refitted Gogarburn building has been home to an Entrepreneurial Spark Business Accelerator Hub, including a ‘Hatchery’ for… Read More