July 25, 2017 @ 11:14 am By Erin Hobey  |  

Morgan Stanley Investment Management (NYSE: MS) has invested in iCapital Network, a fintech platform that aims to democratize alternative investments for high-net-worth individuals and their financial advisors. Morgan Stanley’s investment, together with investments from UBS Financial Services, Inc. (NYSE: UBS) and lead investor BlackRock (NYSE:… Read More

July 25, 2017 @ 10:56 am By Erin Hobey  |  

UK SME lender Growth Street has brought on board a new Director of Sales, Head of Relationship Management and Business Development Manager as the firm’s expansion continues. The new appointments bring a wealth of sector experience to Growth Street. Chan Purewal, formerly of Boost Capital and… Read More

July 24, 2017 @ 6:05 am By Erin Hobey  |  

Last month Michael Koenitzer joined Global Debt Registry (GDR) as its Director of Business Development in the new New York office.  Since joining the GDR team he has focused on building and supporting customer relationships with key investor accounts and senior lenders. Koenitzer joined GDR with… Read More

July 20, 2017 @ 1:44 pm By Erin Hobey  |  

As previously reported, the Delaware House of Representatives passed amendments to state law that would make it explicitly legal for stocks to be traded on a blockchain, the technology behind cryptocurrencies like Bitcoin and Ether. The amendments relating to trading stock on a blockchain were added… Read More

July 20, 2017 @ 11:51 am By Erin Hobey  |  

Medici Ventures, a major blockchain tech investor, completed its strategic investment in Symbiont. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform… Read More

July 20, 2017 @ 11:19 am By Erin Hobey  |  

LendKey, a leading lending-as-a-service solution for banks and credit unions, raked in $13 million in Series C funding, $8 million in equity and $5 million in debt financing. North Atlantic Capital, based in Portland, ME, led the round with participation from each of LendKey’s existing… Read More

July 20, 2017 @ 11:02 am By Erin Hobey  |  

Online investment platform SyndicateRoom has opened up a £1 million investment opportunity  for the electric vehicle (EV) charging company, Engenie. The company, which was launched in 2013, provides high-power rapid-charging facilities for electric cars and buses, catering both directly to consumers and also to commercial… Read More

July 20, 2017 @ 10:36 am By Erin Hobey  |  

UK small business lender Growth Street has been selected to participate in Nesta’s Open Up Challenge. As one of 20 Stage 1 participants, Growth Street will work to develop new tools and change small business banking in the UK. Growth Street will build services that use… Read More

July 18, 2017 @ 11:18 am By Erin Hobey  |  

On the first day of their trip to Poland, the Duke and Duchess of Cambridge visited the Warsaw startup incubator The Heart to celebrate business opportunities between UK and Poland. The event was held by the British Embassy in Poland and hosted by Azimo co-founder… Read More

July 18, 2017 @ 11:02 am By Erin Hobey  |  

Indian mobile wallet MobiKwik has linked with Samsung Pay, integrating with Samsung Pay Mini to enable one-tap payments at merchants using Mobikwik. “We are enthused by the tremendous response Samsung Pay has received since its launch, both from our consumers as well as partners. Moving… Read More

July 18, 2017 @ 8:35 am By Erin Hobey  |  

This past weekend, the Santa Fe art collective Meow Wolf launched a WeFunder investment crowdfunding campaign to offer shares to the general public; within 48 hours  investors snapped up the opportunity in record time, reportedly the fastest known regulation equity investment crowdfund since SEC regulations allowing… Read More

July 18, 2017 @ 8:17 am By Erin Hobey  |  

Due to popular demand, the application deadline for this year’s Global FinTech Hackcelerator has been extended to 25 July 2017. The Global FinTech Hackcelerator 2017, powered by KPMG Digital Village and Matchi, is looking for global innovative entrepreneurs who can address problems faced by the financial… Read More

July 18, 2017 @ 8:03 am By Erin Hobey  |  

DENT Wireless, a Hong Kong-based blockchain mobile data exchange, and Aquto, a sponsored data and data rewards platform, has entered into a partnership to unlock new ways for operators to monetize their networks. Smartphone penetration throughout the world is high, but mobile internet data is still… Read More

July 17, 2017 @ 8:30 am By Erin Hobey  |  

“As the industry matures and looks to grow beyond a base of early adopters, I believe a focus on clarity will best help us to attract new investors.” Growth Street, an FCA-authorized UK business finance platform focusing on SME loans, has aimed to become a… Read More

July 14, 2017 @ 8:48 am By Erin Hobey  |  

Spanish urban craft distillery Santamanía has secured over £941,609 to date during its exciting equity crowdfunding Crowdcube Spain campaign. Over 749 backers have invested in the 11.88% equity offered for the distillery with a pre money valuation of £6,987,000. The campaign was extended and is scheduled to close… Read More

July 14, 2017 @ 8:12 am By Erin Hobey  |  

UBS Financial Services has invested in NY-based fintech platform iCapital Network, a platform which offers alternative investments for high-net-worth individuals and their financial advisers. UBS will also integrate iCapital’s technology into its private fund operations aiming to streamline its alternative investment proposition, according to news sources. “We… Read More

July 14, 2017 @ 7:45 am By Erin Hobey  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, announced its addition of UK based Pixoneye and Curve and US based Gridspace to its portfolio in the latest round of strategic fintech investments. Pixoneye and Gridspace deepen the fund’s focus in artificial intelligence as… Read More

July 14, 2017 @ 6:51 am By Erin Hobey  |  

MarketInvoice, an online business finance company, has added € and US$ capabilities to its confidential invoice discounting product MarketInvoice Pro. This means that businesses who use the service will now be able to fund their € and US$ invoices as quickly and easily as they… Read More

July 13, 2017 @ 8:13 am By Erin Hobey  |  

Propy, the P2P real estate exchange platform built on blockchain technology, today introduced its advisory board. Michael Arrington (founder, TechCrunch), David Cowan (Bessemer Venture Partners), Vinny Lingham (Civic), Mike Costache (d10e), Bruce Cahan (Stanford University), and Jeremy Gardner (Blockchain Capital) will advise Propy in the creation… Read More

July 13, 2017 @ 7:25 am By Erin Hobey  |  

Leading digital money transfer service WorldRemit and Huawei have announced a partnership making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa. WorldRemit claims to process 74% of all international transfers to mobile money accounts coming from money transfer… Read More