May 26, 2016 @ 1:50 pm By Erin Hobey  |  

Bioprognos, a Barcelona-based biotech company that seeks to improve both clinical outcomes and quality of life for cancer patients ―as well as other diseases (cardiovascular, neurological or endocrine)― through the development of innovative tools for non-invasive, accurate detection from biomarkers found in a simple blood… Read More

May 26, 2016 @ 12:31 pm By Erin Hobey  |  

Just in time for graduation, Lenny, an app that offers credit lines to Millennials, announced a partnership with FICO (NYSE: FICO) to provide students and post-grads with their FICO® Score, the standard measure of consumer credit risk.  Founded in 1956 and based in Silicon Valley, FICO is leader in the… Read More

May 24, 2016 @ 2:56 pm By Erin Hobey  |  

Jirnexu, a bank and insurance company tech solution provider formally known as Saving Plus, raised $3M in Series A funding, according to a release. Funding will be used to drive product development, geographic expansion and recruitment across Southeast Asia, with Malaysia and Indonesia as priority… Read More

May 24, 2016 @ 2:25 pm By Erin Hobey  |  

GLI Finance (LSE:GLIF),  an alternative finance platforms investor that provide loans to small and medium sized enterprises (SMEs), has announced that it is giving its shareholders and other eligible investors access to bonds being issued to be used as consideration for an acquisition. The company is making… Read More

May 24, 2016 @ 2:02 pm By Erin Hobey  |  

Philip Walker has decided to head to the UK after ten years guiding San Francisco tech start ups to join Crowdfunder as its new CFO. Tapped by Software Cornwall, a non-profit company that aims to develop the digital technology community in Cornwall, Crowdfunder UK Director Phil Geraghty commented on the… Read More

May 24, 2016 @ 1:28 pm By Erin Hobey  |  

Frost & Sullivan views Australia’s development as a leader in Fintech innovation will require concerted effort from government agencies and established financial institutions and will involve partnerships and research collaboration between banks and startups, presenting many diverse and lucrative growth and development opportunities for ICT… Read More

May 20, 2016 @ 11:35 am By Erin Hobey  |  

Launched in 2000 and now in 400 cities across 9 markets, EasyPark helps drivers find and pay for parking. In a move to complement current capabilities within parking availability, EasyPark Group announced its acquisition of parktech start-up PARKO, which specializes in advanced algorithms for determining on-street block-by-block parking… Read More

May 20, 2016 @ 11:02 am By Erin Hobey  |  

  The crowdfunding regulations of the Securities and Exchange Commission (SEC) became effective on May 16, 2016, and the agency has issued Compliance and Disclosure Interpretations (C&DIs) providing interpretive guidance on Regulation Crowdfunding. “It is encouraging to see the SEC being so proactive in issuing… Read More

May 20, 2016 @ 10:53 am By Erin Hobey  |  

During the inaugural Crowdfunding Technology Showcase and Celebration in Washington, D.C., CrowdFund Intermediary Regulatory Advocates (CFIRA), Crowdfund Capital Advisors (CCA) and the Small Business & Entrepreneurship Council (SBE Council) presented Crowdfund Insider Co-founder and CEO Andrew Dix the “New Capital Markets Leadership Award” for Media. Crowdfund Insider, the leading… Read More

May 20, 2016 @ 10:05 am By Erin Hobey  |  

ET Index, a business helping investors maximise returns in a carbon constrained world, has linked with equity crowdfunding platform SyndicateRoom to complete a £1.1m investment round.  To date over £813,000 or 74% has been raised on the round, with £390,000 secured from the lead investor, a German Family… Read More

May 17, 2016 @ 1:22 pm By Erin Hobey  |  

Bizfi, a FinTech platform that combines aggregation, funding and a marketplace for small businesses, announced its origination of more than $144M in financing to 3,605 small businesses in the first quarter of 2016, claiming a record in originations for any one quarter,  a 49 percent year-over-year increase over… Read More

May 17, 2016 @ 10:19 am By Erin Hobey  |  

 RealtyMogul.com, one of the leading online marketplaces for real estate investing, announced today that the platform has closed an investment into a $21.6 million acquisition. The platform helped finance the acquisition of The Edison Apartments, a mid-rise multifamily property in Chicago, by Spirit Bascom Ventures,… Read More

May 17, 2016 @ 10:09 am By Erin Hobey  |  

In the green… Barcelona-based Garage Beer Co  swiftly surpassed its 400,000€ Crowdcube Spain campaign goal for 11.81% capital, having raised over 479,765€ with 39 days remaining until close.  The brewer is in the works to build a bigger plant and taped the crowd — not banks –to help will this next stage… Read More

May 17, 2016 @ 9:03 am By Erin Hobey  |  

With Title III regulations of the Jobs Act now in affect, FlashFunders saw the opportunity and officially relaunched as an equity crowdfunding platform. Now startups can now raise capital from the crowd, accredited, and global investors in a single round on the platform, offering crowd investment starting at $50.  The… Read More

May 16, 2016 @ 9:19 pm By Erin Hobey  |  

Lending Club (NYSE:LC)  received a federal grand jury subpoena last week, after founder and CEO Renaud Laplanche resigned from the board following an internal review of lending and financial practices. According to the P2P lender, $22 million in loans were sold to a single investor against “express instructions as… Read More

May 16, 2016 @ 12:55 pm By Erin Hobey  |  

  Caps off to Title III!  As promised, WeFunder understood the potential of Reg CF and its opportunities for capital formation and entrepreneurship.  Operating an accredited crowdfunding platform since the fall of 2013 and then adding Reg A+ last year, Wefunder has helped fund 110 companies with over… Read More

May 16, 2016 @ 10:13 am By Erin Hobey  |  

As Chinese authorities continue their hunt for unregulated online lending and investment firms, more fraudulent fintech platforms are bound to be nabbed for unseemly and illegal behavior.  Today Bloomberg News reported the latest Ponzi scheme that separated 39.9 billion yuan ($6.1 billion) from 25,000 investors. Crowdfund… Read More

May 16, 2016 @ 9:00 am By Erin Hobey  |  

WePay, a provider of payments-as-a-service for online platforms including GoFundMe, FreshBooks and Constant Contact, today announced a white label mobile point of sale solution that enables platforms to handle in-person payments and online payments. Now platforms can offer their own branded mobile card reader as an integrated part… Read More

May 12, 2016 @ 11:17 am By Erin Hobey  |  

Envestnet | Yodlee (NYSE: ENV), the data aggregation and data analytics platform powering cloud-based innovation for digital financial services, today announced a strategic partnership with AlphaCode, a collaborative club for next generation financial services entrepreneurs in South Africa. “The fintech landscape, combined with Africa’s entrepreneurial spirit,… Read More

May 12, 2016 @ 10:56 am By Erin Hobey  |  

Curren$eek, a smartphone app that tells users where to find the best money-changer rates, won the Visa and Association of Islamic Banking Institutions Malaysia (AIBIM)’s Asean Fintech Challenge. The challenge was held in conjunction with the Global Islamic Finance Forum 5.0, to allow start-ups to… Read More