October 5, 2015 @ 10:08 am By Erin Hobey  |  

IndiaLends, a credit and financial technology startup based in New Delhi, has closed a $1M bridge round led by existing investors DSG Consumer Partners, Siddharth Parekh and Gautham Radhakrishnan. IndiaLends was cofounded by Gaurav Chopra, who has an MBA from the London Business School, and Mayank Kachhwaha, who graduated from IIT… Read More

October 5, 2015 @ 9:23 am By Erin Hobey  |  

uBiome, the San Francisco-based company behind a self-sampling microbiome testing service, has been celebrated in two major national competitions, both focusing on technology and innovation. uBiomeʼs CEO and co-founder, Jessica Richman, was announced overall winner of the IVY Innovator Awards presented by Cadillac, in San Francisco… Read More

October 2, 2015 @ 12:43 pm By Erin Hobey  |  

Cheers to BrewDog, one of the UK’s first craft beer brewers, for raising £10M and setting a UK record for the largest equity crowdfunded project. Listed on Crowdcube as a “first” combined debt and equity capital raise, BrewDog and Equity for Punks marketed the offer as the “World’s Biggest [funding] Round…. Read More

October 2, 2015 @ 11:30 am By Erin Hobey  |  

Fintech innovation in India is burgeoning!  Indian  Chillr, an Indian peer-to-peer (P2P) mobile money transfer app that spun off from MobME, secured US$6 million in a Series A round funding led by trailblazing Sequoia Capital, according to e27‘s Sainul Abudheen K. Run by Kochi-based startup Backwater Technologies, Chillr plans… Read More

September 30, 2015 @ 8:00 am By Erin Hobey  |  

Today Cloud Lending Solutions celebrated securing $8 million in Series A venture funding.  The platform, the fintech industry’s only end-to-end lending solution built natively on salesforce.com disclosed that the new funding will be used to support market expansion and further develop the company’s engineering and innovation capabilities. The funding round was… Read More

September 29, 2015 @ 12:38 pm By Erin Hobey  |  

Fy has made a niche for itself as a shoppable Instagram: a daily feed of unique, affordable products from emerging brands around the world. Currently fundraising on Seedrs, Fy seeks to raise £375,001 for 9.94% equity offered.  Valued at £3,399,074, Fy has already secured more than £220,964,… Read More

September 29, 2015 @ 11:44 am By Erin Hobey  |  

As a market leader in the secondary market for e-commerce and valued at 11,500,000€, Returbo is a profitable business likely to generate more than €6M in revenues in 2015.  By selling customer returns and other secondary market products through its more than 30 online sales channels including Amazon and eBay,… Read More

September 29, 2015 @ 11:10 am By Erin Hobey  |  

Thomson Reuters will begin tracking crowdfunding data on its Eikon desktop, as new research projects explosive growth in the UK’s alternative finance market.  Thomson Reuters partnered with Crowdnetic, a provider of real-time data and research to the global marketplace-lending and crowdfunded-startup industries for the new… Read More

September 24, 2015 @ 4:10 pm By Erin Hobey  |  

DriverUp, an online marketplace for automotive financing, announced its $20 million Series B round closing. The DriverUp marketplace gives accredited investors an opportunity to enter the $1 trillion auto lending industry and provides dealers with an expedited, streamlined credit process.  New investor SF Capital Group led the round joined by… Read More

September 24, 2015 @ 1:27 pm By Erin Hobey  |  

The Oxford alum Tripr founders Nicholas Green,  Alexander Dru and Miraan Tabrez hope that readers and investors are going their way, as they launch their equity crowdfunding campaign on Crowdcube for their social travel app that connects people going to the same place.  Seeking to raise £250,000 for 24.00% equity offered, the… Read More

September 24, 2015 @ 12:19 pm By Erin Hobey  |  

British peer-to-peer lender Funding Circle announced its plan to raise £150 million ($229 million) through the launch of a new London-listed fund that will provide loans to small businesses. Once launched, With its eyes set on listing on the London Stock Exchange, Funding Circle would become the… Read More

September 24, 2015 @ 11:50 am By Erin Hobey  |  

Brick and mortar KeyBank announced a strategic partnership and minority investment in AvidXchange, a leader in accounts payable automation solutions. Charlotte-based AvidXchange recently completed a $225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank and TPG Special… Read More

September 23, 2015 @ 9:54 am By Erin Hobey  |  

“My advice to female innovators and disruptors is to have balance in your relationships with mentors, advisors, close associates and friends that will ultimately broaden both your networks and channels to access capital. This is going to be critical as you scale, grow, and ultimately… Read More

September 22, 2015 @ 1:33 pm By Erin Hobey  |  

Bareksa, Kejora, CekAja, Doku, Bank Mandiri, Veritrans and Kartuku teamed up to launch FinTech Indonesia, an association of Indonesian fintech service providers, reported e27‘s Anisa Menur.  The press conference was attended by Darmin Nasution, Minister of Economy, Budi Gunadi Sadikin, Managing Director of Bank Mandiri and… Read More

September 22, 2015 @ 12:11 pm By Erin Hobey  |  

  As previously announced, LendIt has partnered with P2PFA for the second annual European conference to be held in London this coming October. The P2PFA, the UK industry body for peer-to-peer lending, works to promote high standards of business practice and an effective regulatory framework. Current membership includes… Read More

September 17, 2015 @ 3:15 pm By Erin Hobey  |  

In late August, India’s banking industry came together for the FICCI’s FIBAC 2015 Conference, discussing regulation in the country’s burgeoning online finance space,  particularly within crowdfunding and peer to peer lending.  SS Mundra, Deputy Governor of the Reserve Bank of India, called for more regulations in the Economic… Read More

September 17, 2015 @ 11:46 am By Erin Hobey  |  

Launched with the collaboration of Enterprise Ireland, the IDA and the Department of Finance, the  Fintech and Payments Association of Ireland brings together the members of extant not-for-profit organizations, Payments Ireland and Fintech Ireland Meet Up Group.  Payments Ireland was established by Colm Lyon who founded of Realex… Read More

September 17, 2015 @ 11:11 am By Erin Hobey  |  

Aiming to set itself apart from its key competitors, WePay, a leading payments provider service for online platforms, processing billions annually for partners including GoFundMe, Care.com, JetPay and FreshBooks,  has introduced ACH bank transfers as another payment type that platforms can offer their customers. ACH, or Automated… Read More

September 17, 2015 @ 2:00 am By Erin Hobey  |  

Launched in June, InvestDen, an innovative equity and debt crowdfunding platform operating in the UK, and KPMG, one of the leading global professional services firms, today announced their new alliance to support UK business, particularly KPMG’s support for UK SMEs. “This alliance is important because it provides companies raising… Read More

September 15, 2015 @ 11:54 am By Erin Hobey  |  

Readers may now be familiar with Jimmy Kimmel’s viral Mean Tweets on YouTube.  If you haven’t joined the over 47M viewers who watched these funny clips, treat yourself to a laugh. Berlin-based Fanmiles taps into the crowd’s desire to reach out (ideally in a positive way, not like Mean Tweets) to… Read More