September 26, 2017 @ 12:38 pm By Erin Hobey  |  

Startupbootcamp has launched its new InsurTech Accelerator in Hartford, designed specifically to rapidly scale insurance-focused technology startups. The InsurTech Accelerator, which is now accepting applications, aims to attract new talent and technology to Hartford, one of the world’s leading insurance centers, and will provide entrepreneurs with the support,… Read More

September 26, 2017 @ 12:04 pm By Erin Hobey  |  

BitClave, a company aiming to disrupt the traditional ad tech market, has partnered with Carnegie Mellon University (CMU). This fall, BitClave is sponsoring a practicum project for graduate students in the College of Engineering’s Information Networking Institute (INI) at CMU Silicon Valley. “Carnegie Mellon has long… Read More

September 26, 2017 @ 11:37 am By Erin Hobey  |  

Business finance company MarketInvoice surveyed UK businesses on their awareness and adoption of fintech (financial technology) products and services*; the platform’s findings indicate that UK businesses adopting fintech are saving £4.6b every year.** “The expansion of tech-driven digital services has been remarkable over the past 5 years…. Read More

September 21, 2017 @ 1:34 pm By Erin Hobey  |  

The Financial Services Agency of Japan (FSA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced the completion of a framework for cooperation to promote innovation in financial services in Japan and ADGM. This Cooperation Framework recognizes the global nature of… Read More

September 21, 2017 @ 12:46 pm By Erin Hobey  |  

iCapital Network, a fintech platform democratizing alternative investments for high-net-worth individuals and their advisors, has entered into a definitive purchase agreement to acquire the US Private Equity Access Fund Platform from the Asset Management division of Deutsche Bank. “We see this deal as an important… Read More

September 21, 2017 @ 12:22 pm By Erin Hobey  |  

WorldRemit, a digital money transfer company, has launched in Malaysia following the company’s acceptance as one of only four initial entrants into Bank Negara’s Financial Technology Regulatory Sandbox in June.  Ridzuan Aziz, a senior Malaysian business leader with experience in compliance advisory and fintech, has… Read More

September 21, 2017 @ 12:02 pm By Erin Hobey  |  

Creative robotics pioneer Joto has linked with  Crowdcube to raise £250,000 with a 12.2% equity stake offered to investors. Since going live on 14 September, over 100 investors have poised Joto to easily exceed £60K by EOD. Valued at £1,800,000, Joto is using this funding round to… Read More

September 19, 2017 @ 1:43 pm By Erin Hobey  |  

Big news for business finance company MarketInvoice who not only is celebrating a £1.5b funding milestone but has also signed an agreement with Varengold Bank AG to provide £45m funding annually on its invoice finance platform, funding working capital solutions for businesses across the UK. “Institutions… Read More

September 19, 2017 @ 1:16 pm By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, in collaboration with KPMG, announced that 11 outstanding global FinTech firms have been shortlisted for the inaugural FinTech Abu Dhabi Innovation Challenge in October.  The selected firms are currently undergoing an intensive five-week… Read More

September 19, 2017 @ 12:24 pm By Erin Hobey  |  

Propy, the global property store and decentralized title registry, has raised $15 million from 6,597 participants in its PRO token sale to put the international real estate market on the blockchain. Prior to the start of the public sale, Propy and CEO Natalia Karayaneva secured $2 million in… Read More

September 14, 2017 @ 1:04 pm By Erin Hobey  |  

Fresh from its successful $29M Series A funding round, Next Insurance, a US digital insurtech company for small businesses, has launched a free online portal that will provide small businesses with increased visibility and control over their insurance policies at any time. The new online… Read More

September 14, 2017 @ 12:24 pm By Erin Hobey  |  

stREITwise has launched a Regulation A+ IPO for its online commission-free real estate investment with direct investment on its own website. The company’s first Real Estate Investment Trust (REIT) – 1st stREIT Office – seeks to provide a diversified portfolio of institutional-quality office buildings with… Read More

September 14, 2017 @ 11:46 am By Erin Hobey  |  

The FinTech Center of South Korea, chaired by Yushin Jung, held its 20th FinTech Demo Day. In the day’s event, relevant personnel from the Financial Services Commission, Financial Supervisory Services and relevant organizations as well as overseas FinTech support organizations, VCs and Accelerators participated to… Read More

September 12, 2017 @ 3:11 pm By Erin Hobey  |  

Goldman Sachs has invested in the UK consumer lender Neyber through its private capital unit by providing £100M of debt and equity financing to Neyber, a fintech start-up providing loans that are repaid out of people’s salaries, reported multiple news sources. Existing investors Gael de… Read More

September 12, 2017 @ 2:22 pm By Erin Hobey  |  

Members of the UK online investment platform SyndicateRoom now have the opportunity to partake in an upcoming IPO for The People’s Trust. The target for the raise is £125 million, with the company listing on London Stock Exchange and the Social Stock Exchange in October 2017. “We’re… Read More

September 12, 2017 @ 11:34 am By Erin Hobey  |  

Orca, an independent data, research, and analysis provider in the UK P2P lending market, recently shared an exclusive update via email: the UK P2P lending market outlook is bright. “We are still seeing very strong growth across the UK peer to peer lending market with cumulative lending surpassing £10… Read More

September 8, 2017 @ 12:01 am By Erin Hobey  |  

Tifosy, a sports crowdfunding platform co-founded by former Italian footballer and manager GianLuca Vialli and CEO Fausto Zanetton, a former investment banker/ sports, media and tech specialist from Goldman Sachs and Morgan Stanley, aims to spearhead “a sports finance revolution” by allowing supporters to invest… Read More

September 7, 2017 @ 1:47 pm By Erin Hobey  |  

The word on the street is that Jack Dorsey’s Square (NYSE: SQ) is moving into banking business with an application to form a wholly owned bank based in Utah. The unit, to be called Square Financial Services Inc., would offer loans and deposit accounts to small… Read More

September 7, 2017 @ 1:11 pm By Erin Hobey  |  

Farmaconfianza.com recently synced with Crowdcube Spain for its equity crowdfunding campaign and just surpassed its 350,000€ goal with the help of over 100 investors for the 13.12% equity offered. Founded in 2013, Farmaconfianza.com initially sold parapharmacy items online in response to a crisis situation. Since then, Farmaconfianza has… Read More

September 7, 2017 @ 12:33 pm By Erin Hobey  |  

TraneAi, an emerging player in the rapidly expanding artificial-intelligence market, announced that it will offer the sale of $50 million in tokens to seed its decentralized, open-source AI-development ecosystem built on blockchain technology. “We believe that by building our solution for crowdsourced AI training data… Read More