May 15, 2017 @ 6:06 am By Erin Hobey  |  

P2P lending platform RateSetter announces that Paul Manduca has been appointed as Non-Executive Chairman. Manduca will join the Board on 1 June and will become Chair on 17 July, when current Chairman Alan Hughes’ three-year term expires. “Lending as an asset class has always been a virtual… Read More

May 12, 2017 @ 8:43 am By Erin Hobey  |  

Depending on when your weekend starts, whether on Thursday night or Friday afternoon or the more traditional Friday evening, you may be tempted to have cocktails every night made with guidance of The Aviary Cocktail Book after glimpsing at the extraordinary concoctions from Alinea creators and… Read More

May 12, 2017 @ 7:51 am By Erin Hobey  |  

Paytm is now in talks with SoftBank to raise up to $1.9 billion in fresh funding, hiking its value to a cool $8 billion or more, according to multiple new sources. Paytm counts over 218 million wallet users; last month alone Paytm clocked 255 million transactions.  Founded… Read More

May 12, 2017 @ 6:56 am By Erin Hobey  |  

It’s been a busy few weeks for the Flexiti Financial team, having added its first Advisory Board Members, Diane Brisebois and Rick Padulo last month. The Toronto-based a provider of point-of-sale financing and payment technology for retailers, announced the appointment of Jerome Peeters as Chief Operating Officer (COO) and… Read More

May 12, 2017 @ 3:15 am By Erin Hobey  |  

Ameria, a German tech company which develops digital marketing and sales solutions for companies including HARIBO, MediaSaturn and Porsche has easily surpassed its original 700€K crowdfunding goal Companisto. Valued at 22,500,000€, Ameria has raked in over 1,380,904€ for 3.02% share offered. More than 851 investors have contributed to the… Read More

May 11, 2017 @ 6:29 am By Erin Hobey  |  

CBien, a European digital asset management platform located in Paris, Nantes and Hamburg and recent Startupbootcamp InsurTech alum, has raised €8 million from its existing shareholders MAIF, MACIF and 5M Ventures. Funding from this second raise will be used to finance CBien’s visibility in France, its international… Read More

May 11, 2017 @ 6:10 am By Erin Hobey  |  

Waves Platform, a decentralized crowdfunding platform developed in Russia, is now available in the Microsoft Azure Blockchain as a Service cloud (BaaS). With Waves integrated in BaaS, developers are getting vast opportunities for offering a wide range of blockchain solutions. “We welcome the integration of… Read More

May 11, 2017 @ 4:58 am By Erin Hobey  |  

In honor of its seventh birthday, GoFundMe reached out seven of its top organizers for advice for running a great campaign. Here’s what they shared: 1. Push past the nervousness. “Take action on the things that make you afraid — it’s an opportunity for the biggest reward. ” Campaign… Read More

May 11, 2017 @ 4:34 am By Erin Hobey  |  

Cobalt, the FX post-trade processing network based on distributed ledger technology, today announced that Citadel Securities, a global market-maker across FX, fixed income, equities, ETFs and options, and XTX Markets, a leading quantitative-driven electronic market-maker, have signed up as Cobalt launch participants. Cobalt’s FX solution, set… Read More

May 9, 2017 @ 1:13 pm By Erin Hobey  |  

The EIS Association (EISA) has produced a guide to the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS). “Grow your business with the Enterprise Investment Scheme” is designed as an introduction to EIS and SEIS for businesses that are considering seeking external funding…. Read More

May 9, 2017 @ 12:54 pm By Erin Hobey  |  

The National Crowdfunding Association of Canada has announced the launch of its third Alternative Finance Crowdfunding Survey in Canada for platforms, investors and companies as part of its annual exercise in providing Canadian benchmarks on market size, volume, market activity, platform characteristics, jobs, and key… Read More

May 9, 2017 @ 12:23 pm By Erin Hobey  |  

Invoice Bazaar, a UAE Fintech supply chain finance platform announced an investment from Shirish Apte, former CEO and Chairman Asia Pacific of Citigroup. Founded last year in Dubai, Invoice Bazaar has now expanded into India and Singapore. “Having seen the business model of many FinTech… Read More

May 9, 2017 @ 11:00 am By Erin Hobey  |  

“Imagine if each person suffering from a mental illness or witnessing someone close to them struggling with mental health could do something about it. If dollar by dollar, we could come together as a community and spark a mental health revolution by supporting the science… Read More

May 9, 2017 @ 8:07 am By Erin Hobey  |  

One billion dollars. MobiKwik is set to raise funds from investors including BlackRock Inc. which will value the innovative Indian Fintech company at about $1 billion, according to Bloomberg. Headquartered in Gurgaon, MobiKwik offers a mobile phone based payment system. Customers add money to an online wallet that… Read More

May 9, 2017 @ 7:47 am By Erin Hobey  |  

Singapore-based Senjō Group, a leading privately-held payments platform operator and active Fintech investor, has successfully secured a Payment Institution (PI) license in Lithuania, according to news services. The company received permission from the Bank of Lithuania to acquire Lithuanian payment institution Finolita Unio, thereby gaining access to… Read More

May 9, 2017 @ 7:27 am By Erin Hobey  |  

Growth Street, an alternative business finance platform, has launched its free “How to Improve Cash Flow” tool. Designed for SME owners, the tool aims to understand the ‘pain points’ for UK SMEs when cash flow becomes an issue while providing insight about how to tackle these cash flow challenges. “We want… Read More

May 8, 2017 @ 9:24 am By Erin Hobey  |  

Monkey Beer’s glass is more than half full, its nearly 80% full. Founded in Toledo in 2014,  artisanal brewer Monkey Beer was recognized by WBCHALLENGER in 2016 as one of the best breweries in the world.  The craft beer brand has sold more than 200,000 pints in 2016 and… Read More

May 8, 2017 @ 8:21 am By Erin Hobey  |  

Last week Financial Innovation Now (FIN), an alliance of companies which includes Fintech behemoths innovator Amazon, Apple, Google, Intuit and PayPal, spoke out against language used in the Financial CHOICE Act that would repeal debit swipe fee reform. In a letter penned by FIN Executive Director Brian… Read More

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

The growth prospects of SMEs are being potentially stalled due to late payments, according to new research of over 1,000 SMEs commissioned by Crossflow Payments, the Fintech platform delivering supply chain finance solutions. “Brexit is increasing the issue of late payments and reducing investment by… Read More

May 5, 2017 @ 9:54 am By Erin Hobey  |  

The multi-award winning Morpher Helmet has synced with Seedrs for its crowdfunding campaign for 11.75% equity offered has surpassed the £529,500 mark with the help of more than 285 investors toward its £600,003 target. Invented to make cycling safety easier for everyone, Morpher folds flat and fits into a small bag… Read More