Erin Hobey

Swedish Fintech Update: iZettle Introduces E-Commerce Marketplace Targeting SMEs & Qapital Nabs $30M in New Funding

Swedish fintech platform iZettle has made good on its promise to grow and innovate.  Last year the platform secured €60 million funding round, which consisted of equity from existing investors in a Series D extension as well as debt funding from Victory Park Capital through its… Read More

New St. Louis-based Crowdfunding Platform Nvested Launches First Campaign, Wellbeing Brewery

Nvested, a new St. Louis Economic Development Partnership-developed platform, claims to be St. Louis’ first “hyper-local” regulation crowdfunding platform designed to more easily connect local investors and business owners. “The hypothesis is it’s not because they’re rejecting the asset class, it’s just that they aren’t aware… Read More

Hartford InsurTech Accelerator Demo Day Update: Sparking Innovation & Signing Pilot Programs

The InsurTech Accelerator, part of Hartford InsurTech Hub powered by Startupbootcamp InsurTech, hosted its first Demo Day in Hartford, Connecticut. Out of the 10 startups graduating from the cohort, 5 startups have already secured pilots with leading insurance companies within the core sponsoring partners: Cigna,… Read More

Point Initiates Forward Flow Purchase Program with Atalaya: Unlocking Home Equity Wealth

Point, a fintech platform that allows homeowners to unlock home equity wealth without taking on new debt, has agreed to a forward flow purchase program with investment firm Atalaya Capital Management to purchase up to $150 million of Point’s structured home equity investment instruments. “We’re… Read More

P2P Lender ArchOver Bridges Finance Gap with New Research & Development Advance

Courtesy ptmoney.com

ArchOver, the UK P2P business lending platform, aims to bridge the funding gap to enable businesses to continue to grow while waiting for their R&D tax claim to be repaid. ArchOver’s Research & Development Advance (RDA) service is reportedly the first provided by a P2P… Read More

Santander InnoVentures Moves into Brazil with Creditas Series-C Investment

Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in the startup Creditas, a leading Brazilian secured lending platform. Creditas is Santander InnoVentures, Santander’s USD 200 million corporate VC fund, first investment in Brazil and second in Latin America. Creditas increased of… Read More

CAN Capital Welcomes Tom Davidson as New CFO

CAN Capital, a tech-driven small business specialty finance company, has hired Tom Davidson as its new Chief Financial Officer. Davidson brings 25 years of financial services experience to the company, including deep expertise in capital markets, securitization, treasury, investor relations and risk management. “I couldn’t be more… Read More

Naviaddress ICO Nabs over $16M on Chaineum

Chaineum, a crypto-finance engineering consulting company and reportedly the first French boutique specialized in raising funds through ICOs, has completed an ICO operation carried out for Naviaddress, a platform for digital addressing of locations and objects. Through its ICO, Naviaddress sold a total of 338… Read More

Coinsource Goes to Washington, Bitcoin ATMs Now Available in 18 States

Coinsource, claiming the world’s largest Bitcoin ATM network title, will expand into the Washington, D.C. metropolitan area. Coinsource will install 20 machines across the District of Columbia and Maryland after receiving significant demand from Bitcoin users and local merchants. This installation caps follows a successful… Read More

Oyster Protocol Shucks Shell Token Airdrop, Supported by KuCoin

Oyster Protocol, a new website monetization and distributed storage solution built on the IOTA and Ethereum blockchains, today announced an Airdrop for its Oyster Shell token (Ticker: SHL) on April 13, 2018. Shell tokens are used to pay for connectivity and Dapp operation across the… Read More

Downing Crowd Energizes UK Crowdfunding with New P.A. Reserve Power Bond

Investment manager Downing LLP has launched of a new bond on its crowdfunding platform, Downing Crowd, paying 7.6% p.a. interest to investors by lending £10M to projects across the UK’s reserve power market. In this latest launch, Downing Reserve Power has been established as a company… Read More

LendIt “Top Real Estate Platform” LendInvest Syncs with IRESS & Twenty7Tec: Bringing BTL Loans to Wider Market

LendInvest, the specialist property finance lender, has partnered with mortgage sourcing partners Twenty7Tec and IRESS’s TriGold system to bring its Buy-to-Let product to more intermediaries. These sourcing systems now bring LendInvest BTL loans to the market in a faster, more efficient way to reach a wider… Read More

NSR Invest Closes First External Financing Round with FinSight Ventures; Summer Tucker Takes Reins as New Managing Director

Today at Lendit, Lend Core Inc., parent company to NSR Invest and LendingRobot, announced the close of its first external financing round with FinSight Ventures. The investment will help the company expand its investor outreach, accelerate product development and strategic partnerships. Commensurate with the closing, Lend… Read More

Finitive’s Zero-Fee Platform Takes Off with CleanCapital and CarVal Investors Equity Partnership

Finitive LLC, a fintech platform providing institutional investors with direct access to alternative lending investments, announced today the launch of its zero-fee platform. Co-founded by Caroline Hayes, Jon Barlow, Christopher Johnson, Raman Kannan and George Kaouris in August 2017, Finitive has reportedly received commitments for transactions with an aggregate capacity… Read More

OurCrowd Celebrates Two More Portfolio Exits: Nike Nabs Invertex & Uber Aquires JUMP

It’s raining exits for leading global equity crowdfunding platform OurCrowd. The Israeli platform two celebrated two portfolio in the last twenty four hours: Invertex will be acquired by Nike and JUMP is to be acquired by Uber. These two exits now the total of OurCrowd portfolio companies… Read More

CapitalRise Touts “Fastest Fund to Date”, Fueled by ISA Investment Surge

CapitalRise.com, the online property finance marketplace, has successfully closed Farrier’s Way, its fastest investment raise to date, with two-thirds of investors using the ISA to benefit from tax free returns. The investment proved incredibly popular and the full amount of £1.4 million was funded by… Read More

PayPal’s Latest Disruption: Inspired by Brick & Mortars?

While some fintechers have announced that brick and mortar banks are dead, others are emulating key features of traditional banks. Fintech behemoth PayPal is reportedly rolling out its new innovations that harken back to mainstream brick and mortar banks. According to wsj.com, PayPal has been… Read More

George Soros Reconsiders Crypto: Prepares to Trade Cryptocurrencies

Crypto fever continues…. According to a recent Bloomberg Technology post, George Soros and his $26 billion family office is now preparing to trade cryptocurrencies, shifting from his January World Economic Forum assessment that digital assets were a “bubble. Adam Fisher, who oversees macro investing at New York-based Soros… Read More

Canadian Crowdfunding Platform FrontFundr Hits $10M Milestone, Self-Crowdfunding Campaign Nears Goal

FrontFundr, the leading Vancouver-based Canadian online investing platform, utilizes its online exempt market dealer (EMD) status plus its modern technology to enable users across Canada to invest in innovative growth businesses in under 12 minutes and starting from $250. “We are pleased to announce that… Read More

Nova Credit Teams Up with TransUnion to Serve Canada’s Creditworthy Newcomers: Applies Foreign Credit Score to New Home

Nova Credit, based in San Francisco and backed by Index Ventures, First Round Capital, NYCA and Core Innovation Capital, has partnered with Transunion to serve creditworthy newcomers to Canada who may otherwise miss out on credit opportunities due to a lack of Canadian credit history…. Read More