November 3, 2016 @ 10:29 am By Erin Hobey  |  

Under a new agreement, fintech companies in Australia and Ontario will be able to draw on support from the combined resources of their financial regulators as they seek to operate in the others’ market. Signed in Toronto this week, the Australian Securities and Investments Commission… Read More

November 2, 2016 @ 12:00 pm By Erin Hobey  |  

Julia Groves, Downing Partner and Head of Crowdfunding, is a respected pioneer and force behind many successful digital businesses and fintech groups. Since founding ba.com for British Airways in 1994, she has instigated disruptive customer-led propositions across online retail, renewable energy and financial services market sectors. She… Read More

November 1, 2016 @ 5:50 am By Erin Hobey  |  

Launched in Barcelona’s Gràcia neighborhood during the summer of 2014 by Venezuelan friends Alejandro Bringas and Juan Lattuf who met working while catering, Chivuo’s mission is to provide high quality Slow Street Food and craft beer, including crowd favorite Garage Beer. The hot spot’s name appeals to men with beards, because Bringas and… Read More

November 1, 2016 @ 5:35 am By Erin Hobey  |  

Folk2Folk, a UK P2P business lender, today announced its expansion plans with the aim of lending £1bn in business loans by 2020, with its newest branch opening in Gloucestershire today. Folk2Folk plans to open another seven branches across the UK in 2017 with Harrogate set to open in… Read More

November 1, 2016 @ 4:59 am By Erin Hobey  |  

BMO Financial Group CEO Bill Downe today announced that Frank Techar is appointed Vice-Chair, BMO Financial Group, effective today;  Techar is currently the COO. Darryl White will succeed Techar as COO, BMO Financial Group, according to a release. During his 22 years with BMO Financial Group… Read More

November 1, 2016 @ 4:31 am By Erin Hobey  |  

  Hong Kong and Shanghai Banking Corporation (HSBC) and Hong Kong Applied Science and Technology Research Institute Company (ASTRI) have jointly launched the HSBC-ASTRI Research and Development Innovation Laboratory (RDI Lab). The Lab seeks to boost research and technology implementation within the financial industry as… Read More

November 1, 2016 @ 4:05 am By Erin Hobey  |  

Meetzoo, launched its open beta on iPhone earlier this month, aims to secure £150,000 of first stage investment within 30 days. The platform has already £40,890 within the first day of funding from over 29 investors. Investors will receive a share of the 16.67% equity stake being… Read More

October 27, 2016 @ 10:26 am By Erin Hobey  |  

In less than two weeks, Polygons, the origami-inspired flat 4-in-1 spoon, is performing beyond measure on its Kickstarter campaign, having already surpassed $500K stretch goal.  At this writing the flat spoon has raised over $542,000 from over 19,432 backers… the stats increase with each click… quite a… Read More

October 27, 2016 @ 9:33 am By Erin Hobey  |  

The fintech and insurtech company IATAI Enterprises (IATAI) launched OnePocket, a frictionless and secure mobile payment method that allows customers to use Visa Checkout and in-store. The payment method was unveiled at Money20/20. Visa Checkout is an online checkout service that allows customers to make purchases from their smartphone, tablet,… Read More

October 27, 2016 @ 9:16 am By Erin Hobey  |  

Climb Credit, a leading US online student lending platforms, announced that fintech pioneer Angela Ceresnie has joined the company as Chief Operating Officer. Ceresnie will be leading efforts to scale the business to a growing pool of partnerships with alternative education providers across the country. A seasoned… Read More

October 27, 2016 @ 8:28 am By Erin Hobey  |  

ReliaMax, a fintech-based and complete private student lending solutions provider, announced the launch of borrower acquisition channel partnerships as part of its Connext Private Student Loans by ReliaMax platform. The inaugural partners include LendingTree, SimpleTuition, Upstart and Student Loan Hero. Borrowers may now access ReliaMax’s Connext… Read More

October 27, 2016 @ 8:16 am By Erin Hobey  |  

  Pittsburgh-based Small Change was approved as a Reg CF funding portal by FINRA, an approval the platform believes to be a first for a real estate funding portal.  Small Change is a real estate crowdfunding platform launched by urban evangelist Eve Picker targeting “transformational” real estate projects by connecting developers with investors. How?… Read More

October 26, 2016 @ 2:55 pm By Erin Hobey  |  

Singapore-Based Bambu announced that Aki Ranin will join Bambu as its Chief Operating Officer, brings more than 15 years of technology experience to his new role. He will report to Ned Phillips, Bambu’s Founder and CEO. “Through joining Bambu I will boost the team’s ability to… Read More

October 26, 2016 @ 1:11 pm By Erin Hobey  |  

Short-term working capital provider KredX, which helps small businesses get short-term working capital by discounting their unpaid invoices, has raised $6.25 Million in Series A round of funding. The funding round was led by Sequoia Capital India and the company’s existing investor, Prime Venture Partners. The fresh funds will… Read More

October 26, 2016 @ 12:52 pm By Erin Hobey  |  

From your scooter to mine in less than two days?  Mumbai-based fintech startup CreditMate has raised $500K from the India Quotient VC fund. Founded this year by Jonathan Bill and Aditya Singh, CreditMate is an online lending platform focused on the used motorbike and scooter market in India.  The platforms aims to provide affordable loans for… Read More

October 26, 2016 @ 12:34 pm By Erin Hobey  |  

Addepar, a financial operating system, today announced major company milestones and significant updates to its technology, notably the availability of the Addepar Open API. With 97% year-over-year growth, Addepar now reports more than $500 billion in assets on its platform, and serves as mission-critical technology to more… Read More

October 25, 2016 @ 10:00 am By Erin Hobey  |  

UBS has named its former Apac CTO Peter Stephens as head of blockchain, replacing Alex Batlin who jumped ship last week to join BNY Mellon. A thirteen-year veteran at the Swiss bank, Stephens starts his new position on 1 November, working out of the bank’s London… Read More

October 25, 2016 @ 9:49 am By Erin Hobey  |  

Bizfi, a, NYC-based fintech platform that combines aggregation, funding and a marketplace for small businesses, announced its board of directors has appointed John Donovan as the company’s CEO. Donovan is 30-year payments and alternative finance industry veteran, serving both small businesses and consumers. “Bizfi is transforming the way… Read More

October 25, 2016 @ 9:27 am By Erin Hobey  |  

A new program partnership between AngelList and the Ontario Securities Commission (OSC),  is now available to investors in Ontario, reported BetaKit. Eligible investors can now invest in Creative Destruction Lab and NEXT Canada startups raising capital through an AngelList Syndicate, provided the startups are headquartered in, or have significant… Read More

October 25, 2016 @ 8:32 am By Erin Hobey  |  

No transaction fees until 2017! The India-based online recharge and mobile wallet company MobiKwik announced that it is waving its per transaction fee for all unorganized retail merchants until December 31 to promote the adoption of e-cash among the local grocery stores, chemists, apparel stores… Read More