February 2, 2017 @ 4:35 am By Erin Hobey  |  

LOVE Turntable Inc. has easily raised over $121K from over 375 backers during the first day of it Kickstarter campaign to bring its smartphone-controlled turntable to market. The LA-based company initially hoped to raise just $50,000 over the course of its 35-day campaign to aid in the manufacturing… Read More

February 2, 2017 @ 4:01 am By Erin Hobey  |  

In a recent post, FoundersClub Christopher Steiner reflected on current concerns with the US’ newest president and hostile immigration policy, “The last five days have led to a great deal of introspection across industries regarding relationships with, and even dependencies on, the greatest American ally of… Read More

February 2, 2017 @ 3:39 am By Erin Hobey  |  

Attorney General Mark R. Herring announced that Virginia consumers will be receiving $15.335 million in restitution and debt relief as part of a settlement to resolve claims that CashCall, Inc. and its president and CEO J. Paul Reddam illegally deceived borrowers and collected illegal interest of up… Read More

February 1, 2017 @ 5:01 am By Erin Hobey  |  

Crossflow Payments, a tech-driven alternative finance platform delivering supply chain finance solutions, has today announced a “significant investment” from Calibrate Management, an investor focused on early stage, high growth firms. The deal sees Calibrate take a minority equity stake in Crossflow and will provide further firepower as… Read More

January 31, 2017 @ 5:37 am By Erin Hobey  |  

From the 48% to Theresa May: In less than one week, over 3,280 people have funded a Crowdfunder.co.uk campaign that will give a voice to the silenced millions who do not support the government’s Brexit plans. Having smashed their original £25,000 target in under 12 hours,… Read More

January 31, 2017 @ 4:55 am By Erin Hobey  |  

Zank you very much for banking online.  With one day remaining on its Crowdcube Spain crowdfunding campaign, Spanish crowdlender Zank has surpassed its 300K€ goal by 118%, raising over 356,199€ from over 153 investors for 7.62% equity offered.  The largest investment was to date has been 30,000€. Zank offers… Read More

January 28, 2017 @ 1:50 pm By Erin Hobey  |  

“We are convinced that the moment has come for Spanish banks and insurance companies to recognize the great opportunity that the whole country and financial sector have thanks to the impulse and promotion of Fintech. It is also the time to begin to promote strategies… Read More

January 27, 2017 @ 12:34 pm By Erin Hobey  |  

Buddy-Watcher is closing in on its final week of crowdfunding on Companisto. The startup’s solution makes it possible to communicate more easily under water, providing underwater athletes with more freedom and increased safety. 170 international specialist retailers currently sell Buddy-Watcher, which helped the startup achieved… Read More

January 27, 2017 @ 11:24 am By Erin Hobey  |  

Birmingham City Council is joining forces with ART Business Loans and P2P lender ThinCats  to assist Birmingham SMEs that are unable to obtain any or all financing needed from high street banks, reported the Birmingham News. “Peer to peer finance solves two problems at once;… Read More

January 27, 2017 @ 10:57 am By Erin Hobey  |  

The Australian largest marketplace lending platform SocietyOne announced John Cummins has joined the group as CIO, according to The Advisor. Reporting to SocietyOne CEO and MD Jason Yetton, Cummins will be responsible for SocietyOne’s funding requirements to support demand from an expanding number of borrower customers, including building on SocietyOne’s existing network… Read More

January 27, 2017 @ 8:41 am By Erin Hobey  |  

Joint Electronic Teller Services Limited (JETCO) announced a partnership with 7 Macau banks  to offer dual-currency JETCO Pay P2P mobile fund transfer. The service allows the participating banks’ customers to transfer both Hong Kong dollars (HKD) and Macau Pataca (MOP) to account holders of all local participating banks… Read More

January 24, 2017 @ 9:14 am By Erin Hobey  |  

Ford Motor Credit has partnered with fintech startup AutoFi to provide digital financing options to consumers, the companies announced in a joint press release. The program is available today to consumers near Ricart Ford in Groveport, Ohio — just outside of Columbus — and plans to… Read More

January 24, 2017 @ 8:38 am By Erin Hobey  |  

“We can do online voting on blockchain in a highly scalable way, and that’s what we did.” Focusing on solving the problem of securing public, private and proxy global election systems, Votem offers a blockchain-based solution which aims to give democracy back to the people by allowing… Read More

January 19, 2017 @ 6:13 am By Erin Hobey  |  

Yes Fintech, a business accelerator program in collaboration with Yes Bank, T-Hub, Anthill and LetsTalkPayments, announced that it is accepting global applications until 3 February.  The top 12 selected startups will enroll in a 15 week dual destination program, split between Mumbai and Hyderabad. Yes Bank is… Read More

January 19, 2017 @ 5:47 am By Erin Hobey  |  

WISeKey International Holding Ltd (WIHN.SW), a provider in Root of Trust and certificate authority, and Stratumn SAS, inventor of Proof of Process Technology, partner to provide enterprise grade process security software based on blockchain technologies. A software security company that enables a shift in how organizations secure… Read More

January 19, 2017 @ 5:24 am By Erin Hobey  |  

2016 marked a strong year for Berlin-based crowdfunding platform Companisto.  Founded in 2012 by Tamo Zwinge and David Rhotert. In an earlier interview, Zwinge envisioned Companisto as a crowdinvesting platform that enabled ideas to be implemented to benefit many people, a hope that continues to be realized. “According… Read More

January 17, 2017 @ 6:15 am By Erin Hobey  |  

Aromics, a privately-owned development stage pharmaceutical company founded in 2005, is based in Barcelona, Spain and focused on developing novel first-in-class therapies for the treatment of human diseases. The company has received the seal of Innovative SME from MINECO and achieved different R&D awards from international,… Read More

January 17, 2017 @ 5:34 am By Erin Hobey  |  

First Investors Financial Services Group has inked a partnership with digital car financing platform AutoGravity, which will bring the financial institution’s 4,000 dealer partners into AutoGravity’s ecosystem announced the platform. “The world is changing; there is a whole population that really doesn’t do anything unless… Read More

January 17, 2017 @ 5:14 am By Erin Hobey  |  

China Rapid Finance Limited, a large Chinese consumer lending marketplace launched in 2001, added to its recent haul of awards and recognitions by being named to Hurun Report’s “2017 China New Finance Top 50.” CRF’s inclusion on the list reflects the company’s stable growth in consumer… Read More

January 17, 2017 @ 4:37 am By Erin Hobey  |  

UK-headquartered Platform Black Limited announced that it has rebranded as Sancus Finance Limited with immediate effect. The move comes as part of a strategic review of operations by Platform Black’s owners, GLI Finance Limited. The strategic review, designed to simplify GLI’s structure, included a transfer of its holdings… Read More