February 28, 2019 @ 4:00 am By Erin Hobey  |  

Innovate Finance, the independent industry body for UK Fintech, published its Women FinTech Powerlist. Launched in 2015, the Women in FinTech Powerlist has increasingly attracted a global audience, resulting in an unprecedented volume of applications and nominations this year from around the world. The 2018 iteration… Read More

February 28, 2019 @ 3:12 am By Erin Hobey  |  

Hedera Hashgraph, a next-generation public ledger designed to have highly diversified governance and the most distributed consensus at scale, today announced it has named Brett McDowell as the Founding Executive Director and Vice Chair of the Hedera Hashgraph Governing Council.  Last week Hashgraph announced its first… Read More

February 26, 2019 @ 4:16 am By Erin Hobey  |  

FCA-regulated P2P lender Albrate has surpassed its initial £350,000 Crowdcube crowdfunding target, having secured over £456,325 for 1.72% equity from more than 166 investors. Ablrate aims to not just be a peer to peer lending platform but an “integrated deal financing platform for the alternative finance industry.” “Ablrate brings lenders… Read More

February 26, 2019 @ 3:29 am By Erin Hobey  |  

Less than one week into its Wefunder SAFE Future Equity crowdfunding campaign, Wefunder vet MySwimPro has freestyled past $250K from 70+ investors toward its $1,000,000 maximum target. In 2017 MySwimPro raised $280,629 from 164+ investors.  This new round of funding will enable MySwimPro to invest in growing… Read More

February 26, 2019 @ 3:03 am By Erin Hobey  |  

UK-based HubrisOne,  a startup aiming to make blockchain technology, cryptocurrencies, and basic banking services accessible to all, has already secured more than £123,065 funding — overfunding by over 200% — for 6.40% equity in its newly launched Seedrs equity crowdfunding campaign. Surpassing its original £60,000 goal… Read More

February 21, 2019 @ 8:17 am By Erin Hobey  |  

Machine learning, algorithms, early cancer detection, successful intervention? 20/20 GeneSystems, a digital diagnostics company with the core mission of reducing cancer mortality in the U.S. and around the world through early detection, sells what it believes to be the first multi-cancer blood test powered by real-world… Read More

February 21, 2019 @ 6:43 am By Erin Hobey  |  

JIVR, a UK-based foldable, electric and chainless bike brand, is closing in on €850,000  on its Seedrs equity crowdfunding campaign goal, having raised over €693,630 from more than 145 investors. Funding will be used to establish a comprehensive sales channel mix of B2C, B2B and… Read More

February 20, 2019 @ 7:31 am By Erin Hobey  |  

Naspers-owned PayU, an India-based online payments service provider, has appointed Anirban Mukherjee as its new Chief Executive Officer of PayU India. Mukherjee will report to PayU Global CEO Laurent Le Moal. As well as leading PayU’s Indian business, Mukherjee joins PayU’s global leadership team with… Read More

February 20, 2019 @ 7:01 am By Erin Hobey  |  

TrueAccord, an automated debt recovery platform, has partnered with Lenexa, Kansas for its new shared services operation, committed to investing $1.34 million with a plan to expand to over 150 professionals over the next three years across sales, operations and technology functions. “We chose the… Read More

February 19, 2019 @ 8:18 am By Erin Hobey  |  

Mambu, a Berlin-based fintech SaaS banking platform, has raised $34 million (30 million euros) in a funding round led by U.S. investment firm Bessemer Venture Partners. Action Capital, CommerzVentures, Point Nine Capital and Runa Capital also participated in the round. Mambu will use the funding to invest… Read More

February 19, 2019 @ 8:02 am By Erin Hobey  |  

Tomorrow MySwimPro, which was named one of the Best Apple Watch App of the 2016, will launch its second Wefunder round, this time for a SAFE Future Equity crowdfunding campaign. In 2017 MySwimPro raised $280,629 from 164+ investors.  Increased funding from the SAFE campaign will allow… Read More

February 18, 2019 @ 8:00 pm By Erin Hobey  |  

Today the direct real estate investment platform Groundfloor launched an online public offering enabling any Groundfloor account holder to purchase stock directly from the company. The platform indicated that the online public offering aims to “level the cap table” so members of the public can own… Read More

February 18, 2019 @ 9:00 am By Erin Hobey  |  

Groundfloor, a direct real estate investment platform, has launched an online public offering enabling any Groundfloor account holder to purchase stock directly from the company. The platform indicated that the online public offering aims to “level the cap table” so members of the public can… Read More

February 14, 2019 @ 10:32 am By Erin Hobey  |  

Ohio-based Rambling House Cocktails just surpassed its initial minimum target goal, having raised over $118,270 from more than 207 investors on its live Wefunder raise.  Pre-valued at $2M, the  small-craft soda company first product was a “healthier” craft ginger beer. “In 2017, we pivoted to spirits, bottling a… Read More

February 12, 2019 @ 3:11 am By Erin Hobey  |  

According to Innovate Finance‘s new report 2018 FinTech VC Investment Landscape, investment in UK Fintech rose by 18% to $3.3 billion in 2018. Some additional highlights from the report include: Growth private equity investment rose 57% to $1.6 billion, while venture capital dipped to $1.7 billion… Read More

February 7, 2019 @ 10:38 am By Erin Hobey  |  

Element Farms synced with Wefunder in order to grow its agtech business.  At this writing, the startup has surpassed its minimum goal as has raised more than $196,993 of its $500,000 maximum target for a convertible note from 183+ investors in order to harvest a… Read More

February 7, 2019 @ 9:38 am By Erin Hobey  |  

Last week the NEM.io Foundation made a major move toward transparency and “reboot” of its operating structure after checking the books and seeing “little to no accountability for funds.” “When the new council opened the books on 2018, we saw a lot of talented people… Read More

February 7, 2019 @ 7:01 am By Erin Hobey  |  

OpenInvest, lanched in 2015 by Phil Wei and Conor Murray, the investment platform is a public benefit corporation (PBC) that wants to use tech to “bring honesty and transparency to financial services.”The platform seeks to give investors the opportunity to “align their values” with their… Read More

February 5, 2019 @ 9:35 am By Erin Hobey  |  

INVAO, the blockchain asset pool for investors, has been selected as the exclusive international partner for blockchain investments by Dubai’s SEED Group, an association of diversified companies owned by The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. “This [landmark partnership]represents a seal of… Read More

February 5, 2019 @ 9:14 am By Erin Hobey  |  

The German digital insurance platform Friendsurance, which serves nearly 150,000 customers and works together with 175 insurance companies, now offers its digital bancassurance solutions under the new brand name Friendsurance Business. The expansion was made in  response to the increased demand from banks and insurance… Read More