May 12, 2016 @ 10:28 am By Erin Hobey  |  

The UK and Singapore have established a “fintech bridge” that will help financial technology firms and investors from each country gain access to the other. Billed as the first of its kind, the bridge enables the UK’s Financial Conduct Authority (FCA) and the Monetary Authority of Singapore… Read More

May 12, 2016 @ 10:07 am By Erin Hobey  |  

DreamFunded.com CEO Manny Fernandez announced an upcoming live equity crowdfunding event will take place in San Francisco on 7 July 2016. Anticipating “billions of dollars of capital” to be opened up for investment into startups and small businesses by over 240 million ordinary Americans,  Fernandez said, “I am excited to… Read More

May 10, 2016 @ 12:29 pm By Erin Hobey  |  

With Title III of the JOBS Act is set to take effect next week, the crowd is opining.  The legislation intends to bring non-accredited investors into the equity crowdfunding fold and make Title III more workable for real estate; RealtyMogul.com CEO and real estate crowdfunding guru Jilliene… Read More

May 10, 2016 @ 12:13 pm By Erin Hobey  |  

Co-founded in 2012 by Wharton grads Chris Tsai and Brian Nguyen, Celery has sought to bring new products of all shapes and sizes to the marketplace.  Today the Y Combinator alum blogged that the platform has joined forces with Indiegogo, an “ideal” partner for Celery to accelerate the… Read More

May 10, 2016 @ 11:15 am By Erin Hobey  |  

The word on the street is that Antony Jenkins, the former Barclays Bank CEO who last year forecast a 50% cut in bank branches and staffing due to digital upheavals in the sector, is setting up his own fintech venture, according to a release. Ousted last… Read More

May 10, 2016 @ 10:44 am By Erin Hobey  |  

P2P lending startup Faircent has raised Series A round led by JM Financial Ltd subsidiary which has picked up 9.8% stake in the company, according to a release. The capital will be utilized by the Mumbai-based company to build its technology and product as well strengthening and growing… Read More

May 5, 2016 @ 2:05 pm By Erin Hobey  |  

CrowdDays, reportedly the largest event focusing on crowdfunding in Spain, is celebrating its second year. In 2015, there were events in both Madrid and Barcelona; this year, events will be held in the original cities as well as in Bilbao and Valencia that focus on crowdfunding… Read More

May 5, 2016 @ 1:32 pm By Erin Hobey  |  

Having surpassed its initial Indiegogo campaign by over $831K, Flux electric bikes has flexed its crowdfunding muscle in partnership .  With 24 days remaining on their extended campaign, over 1,241 backers have invested over $881,765 to easily surpass the electric bike’s initial campaign goal of $50,000 and their stretch… Read More

May 5, 2016 @ 11:54 am By Erin Hobey  |  

Online small business lending platforms OnDeck (NYSE: ONDK), Kabbage and CAN Capital – today announced the formation of the “Innovative Lending Platform Association,” which will focus on advancing small business online lending education, advocacy, and best practices.  Together the three founding companies have provided access to… Read More

May 4, 2016 @ 7:00 am By Erin Hobey  |  

DriverUp, an online marketplace for automotive financing, today announced that tech industry veteran Anthony Fratiani has joined its executive team as Chief Technology Officer.  In this newly created position, Fratiani will oversee the continued build out of DriverUp’s consumer-facing side of the business. “We are thrilled about Tony… Read More

May 3, 2016 @ 12:57 pm By Erin Hobey  |  

Rebel Girls, try, fail, try again!  In a new Kickstarter project for the children’s book Good Night Stories for Rebel Girls, 100 Stories about courageous, unconventional women who changed and are changing the world in “every field imaginable”– many of whom were also mothers (US reader… Read More

May 3, 2016 @ 11:51 am By Erin Hobey  |  

MobiKwik, a Gurgaon, India based mobile wallet company, has raised an undisclosed amount of funding led by Japanese GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek, according to a company press release. The round was part of Series C round raised last month, which included participation from its existing investors… Read More

April 28, 2016 @ 1:05 pm By Erin Hobey  |  

Last October seeking to modernize the way venture capital funds are formed and how they invest, the NYC-based investment crowdfunding platform Onevest launched 1000 Angels.  Aiming to be the “world’s largest digital-first, invitation-only investor network,” 1000 Angels includes OneVest co-founders Tanya Prive and Alejandro Cremades, Managing Partner Erica Duignan… Read More

April 28, 2016 @ 1:03 pm By Erin Hobey  |  

wiseAlpha, an online platform that allows people to invest in secured corporate loans of blue-chip British brand name companies such as Virgin Media, RAC, United Biscuits and Eddie Stobart, aims to give people the opportunity to earn a higher rate of interest and diversify their… Read More

April 28, 2016 @ 11:39 am By Erin Hobey  |  

Crowdo, a South East Asian crowdfunding platform, announced today that it has received its provisional Capital Market Services (“CMS”) License from the Monetary Authority of Singapore (“MAS”). The CMS license will allow Crowdo to offer both equity crowdfunding and peer to business (P2B) lending solutions in Singapore, noted… Read More

April 27, 2016 @ 2:51 pm By Erin Hobey  |  

Companisto has provided a platform for several successful German food startups in the recent past, including MyCouchBox, Naturbursche and Foodist, and it looks as if eatclever will be joining their ranks if the first day of its campaign is an indicator.  In the hours since… Read More

April 27, 2016 @ 1:46 pm By Erin Hobey  |  

The European Union has put the brakes on regulating blockchain (the technology that underpins bitcoin); an EU parliamentary committee agreed on Tuesday in the latest example of a “softly-softly” approach by authorities towards financial services, according to the release. “We don’t want pre-emptive regulation, but we do… Read More

April 27, 2016 @ 12:43 pm By Erin Hobey  |  

XBRL US announced a free half-day FinTech forum for financial technologists, investors, analysts, regulators, investor relations professionals and data providers: Crowdfunding & Data Standards. The forum, hosted by Baruch College’s Zicklin School of Business and sponsored by the CFA Institute, is designed to provide an introduction to… Read More

April 27, 2016 @ 12:20 pm By Erin Hobey  |  

Income tax returns e-filing website ClearTax has secured an angel investment of $1.3 million from top Silicon Valley angels. ClearTax was founded in 2011 by the father-son team of Raja Ram Gupta and Archit Gupta, Srivatsan Chari and Ankit Solanki, ClearTax is the fourth Indian start-up  funded… Read More

April 26, 2016 @ 1:27 pm By Erin Hobey  |  

The US’ largest marketplace lender LendingClub Corp. is planning its first sale of bonds backed by its unsecured loans, reported the WSJ, seeking new funding sources in today’s challenging market. Working with Goldman Sachs Group Inc. and Jefferies Group on the offerings, LendingClub’s plans to discuss updates with potential investors as early as this week, reported the WSJ; Goldman… Read More