April 11, 2019 @ 6:41 am By Samantha Hurst  |  

Singapore based online lender Validus announced this week that following its $15.2 million fundraise the lending platform has formally launched in Indonesia through its domestic business entity, Batumbu, in partnership with Indonesia’s Triputra Group. As previously reported, Validus was launched in 2015 and claims to… Read More

April 10, 2019 @ 3:24 pm By Samantha Hurst  |  

Peer-to-peer property lender CrowdProperty is set to close its equity crowdfunding campaign on Seedrs with more than £900,000 in funding from over 500 investors. The campaign, which launched last month,  quickly topped the minimum target of £600,000 for a 3.68% equity stake in the platform…. Read More

April 10, 2019 @ 2:38 pm By Samantha Hurst  |  

Cryptocurrency exchange Coinbase announced earlier this week that EOS (EOS), Augur (REP), and Maker (MKR) are now available to trade on Coinbase Pro. Coinbase reported that it is accepting inbound transfers of the currencies on the pro platform and will accept deposits for at least… Read More

April 10, 2019 @ 12:59 pm By Samantha Hurst  |  

Digital banking platform 2gether announced on Wednesday users will be able to use 2gether’s prepaid Visa card in any of the 19 eurozone countries. The company revealed: “2gether’s prepaid Visa card allows users to convert cryptocurrency to euros, and to spend those euros anywhere Visa… Read More

April 10, 2019 @ 11:34 am By Samantha Hurst  |  

UK-based challenger bank Redwood has reportedly surpassed £100 million in lending. As previously reported, Redwood is considered one of the newest additions to the future of banking, joining peers such as Monzo, Starling, Revolut and more. Redwood is on a mission to target the SME… Read More

April 10, 2019 @ 10:03 am By Samantha Hurst  |  

UK-based peer-to-peer lender RateSetter recently announced its ISA has now passed the milestone of attracting £200 million in subscriptions. RateSetter claimed that the ISA is considered to be the most popular Innovative Finance ISA in the market. The online lending platform also revealed that one… Read More

April 10, 2019 @ 9:53 am By Samantha Hurst  |  

J.P. Morgan announced earlier this week it is advancing its real-time payments offering by launching SEPA Instant in Europe. The banking group reported that with this latest offering it is continuing on its mission to drive efficiency and add critical value to our clients’ business…. Read More

April 10, 2019 @ 8:32 am By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Wednesday it has acquired Athena Art Finance from The Carlyle Group and co-investors in a transaction valued at approximately $170 million. According to YieldStreet, Athena is a “pioneer in the global art… Read More

April 9, 2019 @ 3:55 pm By Samantha Hurst  |  

UK-based insurtech Wrisk has successfully secured £750,000 through its third equity crowdfunding campaign on Seedrs. The funding round was launched less than a year after the startup raised £1 million through its second Seedrs initiative. Wrisk is aiming to shake up the antiquated insurance industry… Read More

April 9, 2019 @ 3:12 pm By Samantha Hurst  |  

KoreConX announced on Monday that Keith Bear, one of its advisors, is now a Fellow at the Cambridge Centre for Alternative Finance (CCAF), part of the Judge Business School at Cambridge University. According to KoreConX, Bear has accumulated more than 35 years of expertise during… Read More

April 9, 2019 @ 2:12 pm By Samantha Hurst  |  

CommonBond for Business, the enterprise division of fintech company CommonBond, announced on Tuesday has partnered with retirement services provider Empower Retirement to offer student loan benefits to Empower’s nine million plan participants through approximately 39,000 retirement plans. The partnership aims to provide Empower plan participants… Read More

April 9, 2019 @ 1:01 pm By Samantha Hurst  |  

Bitstamp, a Luxembourg based crypto exchanged, has received a virtual currency license from the New York Department of Financial Services (DFS). DFS reported that it has authorized Bitstamp USA to offer services providing its customers with the ability to buy and sell bitcoin, along with select… Read More

April 9, 2019 @ 12:03 pm By Samantha Hurst  |  

Mambu, a Berlin-based SaaS banking platform provider, announced on Tuesday it has opened a second North American office to focus on digitalizing U.S. legacy banking technology. According to Mambu, the office will strengthen its service capacity and grow its U.S. commercial teams, by allowing it… Read More

April 9, 2019 @ 11:09 am By Samantha Hurst  |  

Blockchain software firm BitGo announced on Tuesday that LGO Markets, the newly-launched digital asset trading platform for institutional investors, is providing BitGo custody and multi-signature wallets for its clientele of hedge funds, family offices, and asset managers. According to BitGo, LGO’s clients will be able… Read More

April 9, 2019 @ 9:52 am By Samantha Hurst  |  

iCapital Network, a US fintech platform democratizing alternative investments for high-net-worth individuals and their advisors, announced on Tuesday it has teamed up with Nasdaq Private Market to create an integrated secondary marketplace for iCapital sponsored funds through the NPM platform. According to iCapital, the collaboration… Read More

April 9, 2019 @ 8:31 am By Samantha Hurst  |  

Online lending platform UpStart announced on Monday it secured a $50 million equity investment from Progressive Investment Company Inc., Healthcare of Ontario Pension Plan, and First National Bank of Omaha. Founded in 2012 by ex-Googlers, Upstart is described as a lending platform that leverages artificial intelligence… Read More

April 9, 2019 @ 8:20 am By Samantha Hurst  |  

Pintec Technology Holdings Ltd. (PINTEC; Nasdaq: PT), an independent platform enabling financial services in China, announced on Monday PT. Avatec Services Indonesia (Avatec Indonesia), a wholly-owned subsidiary of Avatec.ai (S) Pte. Ltd (Avatec), has been approved by the Indonesian regulator to be a credit scoring… Read More

April 8, 2019 @ 3:44 pm By Samantha Hurst  |  

Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors, and individuals, announced on Monday the launch of a new digital Application Programming Interface (API) functionality, which enables investment platforms and advisor systems to seamlessly integrate with Millennium Trust’s custody services. Millennium… Read More

April 8, 2019 @ 3:06 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced on Monday it has closed a $700 million securitization. The company claimed it was the largest asset-back securitization (ABS) by a small business online lending platform to date. According to Kabbage, the oversubscribed transaction saw strong demand from both new… Read More

April 8, 2019 @ 2:24 pm By Samantha Hurst  |  

SharesPost, a private company liquidity solutions and private capital markets research provider, announced on Monday it has appointed former New York Stock Exchange Executive, Bonnie Hyun has its new Managing Director and Head of Platform Solutions and Strategy. According to SharesPost, Hyun has held leadership… Read More