July 2, 2019 @ 3:08 pm By Samantha Hurst  |  

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Tuesday it is set to launch a new consumer installment financing platform, called “Hexin Installments.” According to Hexindai, the platform will offer carefully curated categories for installment financing, such as electronic products, education, and travel products… Read More

July 2, 2019 @ 1:59 pm By Samantha Hurst  |  

Kyber Network, a Singapore-based decentralized cryptocurrency exchange, announced on Tuesday it has surpassed 827,000 ETH in total transaction volume, and one million tokens burned within the first year of launching its platform. Kyber Network reported that fifty-seven blockchain-based applications including MyEtherWallet, Decentraland, and Coinbase wallet… Read More

July 2, 2019 @ 1:51 pm By Samantha Hurst  |  

Swiss multinational food and drink company Nestlé announced on Tuesday the launch of its new blockchain pilot platform, which allows consumers to track their food right back to the farm. Nestlé claims to be the first major food and beverage company to announce it will… Read More

July 2, 2019 @ 1:40 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital has successfully surpassed £1.8 million through its equity crowdfunding campaign on Seedrs. The funding round was launched in May and quickly raised its initial £1 million. So far, more than 1,000 investors have contributed to the initiative.  As previously… Read More

July 2, 2019 @ 1:11 pm By Samantha Hurst  |  

IOTA Foundation, a non-profit foundation focused on distributed ledger technology and permissionless ecosystem development, announced on Tuesday the launch of its new secure and user-friendly software wallet for IOTA tokens, Trinity, for mobile and desktop. According to IOTA, Trinity offers a host of new features that… Read More

July 2, 2019 @ 12:40 pm By Samantha Hurst  |  

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, challenger stockbroker app Freetrade is now nearing £3.5 million in funding from more than 4250 investors. The latest campaign comes a little over a year after the company raised £3.1 million through… Read More

July 2, 2019 @ 10:17 am By Samantha Hurst  |  

Global fintech InvestCloud announced on Monday it has appointed Rebeca Sanchez Sarmiento as its new CFO. According to the company, Sanchez Sarmiento is a Wall Street veteran and comes to InvestCloud from ATTOM Data Solutions, where she served as CFO and took the lead in… Read More

July 2, 2019 @ 10:11 am By Samantha Hurst  |  

Global financial service platform Kabbage announced on Tuesday it has secured a $200 million revolving credit facility to support its growth for providing U.S. small businesses access to flexible, online funding. According to Kabbage the senior tranche of the new dual-class transaction earned an A(sf) rating… Read More

July 1, 2019 @ 3:35 pm By Samantha Hurst  |  

Aon plc, a UK-based global professional services firm providing a broad range of risk, retirement and health solutions, announced on Monday it has partnered with Oxfam in Sri Lanka, the organization working to alleviate poverty; and Etherisc, the insurtech startup developing a protocol for decentralized insurance… Read More

July 1, 2019 @ 3:26 pm By Samantha Hurst  |  

Singapore Life, a Singapore-based insurtech startup, has reportedly received a $90 million investment from Sumitomo Life Insurance. Founded in 2014, Singapore Life describes itself as a life insurance company fully licensed by the Monetary Authority of Singapore that is built on the belief that “the… Read More

July 1, 2019 @ 2:23 pm By Samantha Hurst  |  

FinTech Australia, the leading advocacy group for financial innovation in Australia, announced last week it has reappointed Alan Tsen as Chair and several new board members, as part of a broader restructure of the organization. According to FinTech Australia, Tsen’s appointment serves as his second… Read More

July 1, 2019 @ 1:04 pm By Samantha Hurst  |  

Gateway Villa Rentals, a UK-based villa rental platform, is now seeking 50,000 through its equity crowdfunding campaign on Seedrs. Gateway describes itself as the home for “high-end” villa rentals across the globe. “Gateway is striving to become the world’s leading platform for luxury villa rentals… Read More

July 1, 2019 @ 11:24 am By Samantha Hurst  |  

Online marketplace lending platform LendingClub (NYSE: LC) announced on Monday it has issued over $2 Billion in CLUB Certificates since the program’s launch less than a year and a half ago. LendingClub reported that it took a year for the lender to issue its first… Read More

July 1, 2019 @ 10:55 am By Samantha Hurst  |  

Online lending platform Funding Circle announced last week it has partnered with Aviva Finans AB to pledge €50 million towards funding loans for German and Dutch small businesses. According to Funding Circle, the investment agreement facilitates the initial €50 million in small business loans over… Read More

July 1, 2019 @ 10:39 am By Samantha Hurst  |  

Cryptocurrency payments processor CoinPayments announced on Monday to launch of its new feature, $PayByName, which allows for close to instant transactions between buyer and seller. According to CoinPayments, the feature will give the user the opportunity to send or receive payments without having to copy… Read More

July 1, 2019 @ 7:00 am By Samantha Hurst  |  

UK-based fintech Flux announced on Monday it has integrated with Just Eat. According to Flux, Just Eat is the first online-only marketplace the UK to offer Flux receipts.  Flux reported that stating on July 1st, Just Eat’s UK customers will be able to access itemized… Read More

June 30, 2019 @ 11:45 pm By Samantha Hurst  |  

Stablepharma, a UK-based medical tech company, has secured more than £1.2 million through its equity crowdfunding campaign on Crowdcube. Stablevax reported it comprises approved vaccines which are dried from a solution of stabilizing sugar into a special sponge stored in a normal syringe. They are… Read More

June 30, 2019 @ 10:59 pm By Samantha Hurst  |  

Stashbee, UK-based marketplace for space and storage, has successfully surpassed £2 million in funding through its latest equity crowdfunding efforts on Seedrs. The funding round was launched earlier this month and quickly raised its initial £1.6 million funding target. The company is currently offering 15.0%… Read More

June 30, 2019 @ 10:25 pm By Samantha Hurst  |  

The Board of the Bank for International Settlements (BIS) announced on Sunday they have approved the establishment of a BIS Innovation Hub to foster international collaboration on fintech within the central banking community complementing the already well-established cooperation within the existing committees. The Board reported… Read More

June 28, 2019 @ 5:16 pm By Samantha Hurst  |  

Nordic crowdfunding platform Invesdor announced on Thursday it has completed its merger with Finnest, an Austria based Fintech that provides debt capital to small and medium-sized firms. According to Invesdor, the companies now form Invesdor Group, which is described as a pan-European digital investment and… Read More