July 26, 2016 @ 11:52 am By Erin Hobey  |  

News Corp VCCircle, Indian publisher of startup and private equity news, data and information, released News Corp VCCEdge India FinServ Insights related to funding in India’s Fintech sector, with a focus on segments of online personal finance and lending, reported BWDisrupt. News Corp VCCEdge, the financial… Read More

July 26, 2016 @ 11:20 am By Erin Hobey  |  

A new British hospitality group Flat Cap Hotels which was founded in 2015 by brothers Oliver Heywood, a former Business Development Manager of London’s iconic The May Fair Hotel, and Dominic Heywood, is planning to open a second property in Knutsford, Cheshire with the help of its crowdfunding campaign… Read More

July 21, 2016 @ 2:02 pm By Erin Hobey  |  

Christchurch, New Zealand based agricultural technology company, CropLogic Limited, announced that it has successfully closed its crowdfunding campaign on Equitise and has appointed Ventnor Capital as Corporate Advisors, in preparation for the company’s anticipated listing on the Australian Securities Exchange (ASX). “I would like to thank all those… Read More

July 21, 2016 @ 1:48 pm By Erin Hobey  |  

Singapore-based P2P online lending platform Validus Capital has partnered with insurance provider EQ Insurance to offer investor protection on some of the financing it provides to small and medium-sized enterprises (SMEs), according to StraightTimes. Validus Capital claims to be the first platform in Singapore to provide investor insurance on its invoice financing services. “We… Read More

July 21, 2016 @ 11:30 am By Erin Hobey  |  

Fresh from its seed round, LenDenClub made good on its promise and has launched a new version of its P2P lending platform with features including end-to-end automation of lender-borrower transaction cycle from registration, document verification, credit analysis, transaction matching to report generation. An algorithmic-based program, built based… Read More

July 21, 2016 @ 8:57 am By Erin Hobey  |  

UK government-owned economic development bank reports strong results. The British Business Bank today published its annual report and accounts for 2015/16, highlighting the growth and momentum of the organisation just 17 months on from its inception in November 2014. The report summarizes the Bank’s work through… Read More

July 19, 2016 @ 1:00 pm By Erin Hobey  |  

With the closing of LendIt’s largest event to date, the Lang Di Fintech Experience, Orchard Platform shared its Head of West Coast & APAC Sales Jeremy Todd‘s initial impressions of the event which focused on the future of fintech not only in China but also globally. Todd participated… Read More

July 19, 2016 @ 12:16 pm By Erin Hobey  |  

Overfunding and still campaigning….The German crowdfunding platform Companisto has four concurrent campaigns overfunding: Mineko, Cringle, eatclever, and poqit.berlin. Many readers may be familiar with the long and windy road involved when utility bills prove incorrect when outrageous sums are supposedly owed.  But what happens when… Read More

July 19, 2016 @ 11:06 am By Erin Hobey  |  

Another indicator that fintech is moving mainstream is the National Directory of Registered Tax Return Preparers & Professionals’ (PTIN) selection of fintech platform Bizfi to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation marketplace via a… Read More

July 15, 2016 @ 12:01 am By Erin Hobey  |  

With seed stage numbers coming in at over $6M, why is Reg CF stuck at $1M?  Who is getting access to the better deals? According to The MoneyTreeReportTM from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters,… Read More

July 14, 2016 @ 11:21 am By Erin Hobey  |  

British fintech company XNTree, member of the European fintech accelerator Level39, will set up shop in Seoul’s Yeouido financial district, according to Pulse. A celebration of the announcement coincided with the Seoul Global Fintech Demo Day event on 19 June.  XNTree and Maekyung Media Group have partnered to support Korean… Read More

July 12, 2016 @ 4:43 pm By Erin Hobey  |  

Small businesses play a large part in the city.  Today marked the launch of For New York, a new online magazine from online lender Bond Street to spotlight the importance of these small businesses by interviewing their founders and owners.  Founded in New York City in 2014, Bond Street has… Read More

July 12, 2016 @ 1:58 pm By Erin Hobey  |  

Australia-based crowdfunding platform DomaCom submitted a prospectus with ASIC and subsequently made a formal listing application with the Australian Securities Exchange (ASX). Applications to invest are also now open, according to SMSF Advisor.  An AUS  $10 million target has been set for the raise, the minimum… Read More

July 12, 2016 @ 1:43 pm By Erin Hobey  |  

Continuing to establish a fecund atmosphere for alternative financial market growth, Comision Nacional del Mercado de Valores (CNMV), the regulatory body of the Spanish Stock Market,  has given authorization to MytripleA, Crowdcube and Lendix. Last week Crowdcube Spain was  authorized by the CNMV as established in the Law to Promote Business… Read More

June 21, 2016 @ 1:30 pm By Erin Hobey  |  

“It’s time to start evening the playing field for women in business,” Lebenthal commented. Alexandra Lebenthal, who Fortune named “The New Queen of Wall Street,” has joined forces with alice + olivia CEO and Creative Director Stacey Bendet to create BankRoll Women, a company that will help women entrepreneurs at… Read More

June 21, 2016 @ 12:55 pm By Erin Hobey  |  

 Today the Chairman of GLI Alternative Finance, a fund owned in part by GLI Finance, Norman Crighton stepped down with immediate effect, according to StockMarketWire. Richard Hills, a non-executive director, will replace Crighton as chairman. GLI Alternative Finance also appointed Ken Hillen, a former head of commercial… Read More

June 21, 2016 @ 8:41 am By Erin Hobey  |  

Between 2010 and 2015 global investment in fintech ventures has grown from $1.8 billion to $22.3 billion, according to Accenture’s latest report on the global fintech landscape. Accenture (NYSE:ACN) has joined a new fintech hub for start-ups based in Tel Aviv, Israel dubbed “The Floor.” As… Read More

June 21, 2016 @ 8:21 am By Erin Hobey  |  

Singapore-based private investment firm Shanda Group led Chinese billionaire Tianqiao Chen reported that Chen has raised his stake again in online lending platform Lending Club Corp following the recent ouster of founder and Chief Executive Renaud Laplanche. According to Reuters, Chen increased his Lending Club shares… Read More

June 15, 2016 @ 6:04 pm By Erin Hobey  |  

It’s that time of year, readers, when camping in the northern hemisphere has become optimal. Pre-insects, post-blizzard. For readers who prefer a year-round camping experience (camp in a hammock and/or have had their water supplies freeze inside their tents on multiple occasions) or just crave plain and simple comfort,… Read More

June 15, 2016 @ 3:25 pm By Erin Hobey  |  

The crowd has a habit for raising its glass (and opening its wallets) for crowdfunding campaigns offering spirits, beer and wines. Whiskey is the focus of today’s campaign. Scottish whiskey. Think Poet Robert Burns.  GlenWyvis Distillery Community Benefit Society, based in the historic Highland town… Read More