March 14, 2019 @ 2:13 pm By Samantha Hurst  |  

Plug and Play announced on Thursday it has selected 135 startups to participate in their Spring 2019 accelerator batches. Entrepreneurs from each startup will take part in one of the following programs  Brand & Retail, Cybersecurity, Energy & Sustainability, Fintech, Food & Beverage, New Materials… Read More

March 14, 2019 @ 1:56 pm By Samantha Hurst  |  

Waves Platform, a global fintech startup, announced on Thursday it raised $120 million through its recent private funding round for its new enterprise blockchain solution. Founded in 2016, Waves revealed it is developing tools for building the decentralized technology layer that will become the backbone… Read More

March 14, 2019 @ 9:28 am By Samantha Hurst  |  

Blockchain tech startup Blockmason announced on Thursday the addition of EOSIO (EOS) public blockchain support to the official Link development roadmap. According to Blockmason, developers of web, mobile and other decentralized applications (DApps) that interact with smart contracts on the EOS blockchain will be able… Read More

March 14, 2019 @ 8:45 am By Samantha Hurst  |  

Standard Chartered announced on Thursday it is set to launch an open platform for Small and Medium Enterprises (SMEs) in India to provide access to a range of financial and business solutions. Standard Chartered reported that this is one of the disruptive business ventures being… Read More

March 14, 2019 @ 8:20 am By Samantha Hurst  |  

seriesOne, a blockchain based fintech firm, announced on Wednesday its acquisition of Dynamo Development, a custom software development company with a mature engineering team based in the Ukraine. According to seriesOne, the acquisition enables it to expand and strengthen its in-house technology development capabilities, to accelerate… Read More

March 13, 2019 @ 4:00 pm By Samantha Hurst  |  

KoreConX announced on Wednesday it has formed a new partnership with global investment banking group, Entoro Capital. According to KoreConX, Entoro provides advice and services to a wide range of established and growth-oriented businesses around the world. The bank’s experienced professionals notably offer expertise across a… Read More

March 13, 2019 @ 2:21 pm By Samantha Hurst  |  

Following its Series C funding round, which secured $1.3 million, Chinese peer-to-peer lending platform Lufax Holding has reportedly increased its total estimated valuation to $39.4 billion. Launched in 2012, Lufax provides professional investment and financial services for SMEs and individual customers. The platform is also… Read More

March 13, 2019 @ 1:47 pm By Samantha Hurst  |  

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced on Wednesday it has expanded support for the Ethereum platform by adding native integration of Ethereum’s currency, ether (ETH). Abra users may now deposit, invest, and withdraw ether directly from the Abra app. Abra reported that… Read More

March 13, 2019 @ 11:50 am By Samantha Hurst  |  

wefox Group, a Germany-based insurtech firm, has successfully secured $125 million through its Series B funding round. China-based fintech CreditEase reported that its direct investment arm, CreditEase Fintech Investment Fund (CEFIF) participated in the round, with Goldman Sachs International acting as a private placement adviser… Read More

March 13, 2019 @ 10:24 am By Samantha Hurst  |  

æternity, the blockchain 3.0 platform designed to deliver unmatched efficiency, transparent governance and global scalability, announced on Wednesday the startup selection for the next round of æternity Starfleet Accelerator. According to æternity, following the significant success of the first accelerator program in June 2018, where over… Read More

March 13, 2019 @ 8:30 am By Samantha Hurst  |  

Stash, a U.S.-base micro investment mobile app, has raised $65 million through its Series E funding round. Founded in 2015, Stash describes itself as a digital-first financial services company committed to making saving and investing accessible to everyone. The company explained: “ By breaking down… Read More

March 13, 2019 @ 8:07 am By Samantha Hurst  |  

MercadoLibre, Inc. (NASDAQ: MELI), a Latin American e-commerce technology company, announced on Tuesday it intends to offer approximately $1 billion of common stock. The company reported it also intends to grant the underwriters a 30-day option to purchase up to $150 million of additional shares… Read More

March 13, 2019 @ 7:38 am By Samantha Hurst  |  

OnDeck (NYSE: ONDK), a small business online lending platform, announced on Wednesday extensions to its existing credit facilities with Credit Suisse and Deutsche Bank on improved terms.  According to OnDeck, the amended facilities provide an aggregate of $360 million of committed funding capacity and are… Read More

March 13, 2019 @ 7:27 am By Samantha Hurst  |  

Novae, a U.S.-based fintech and insurtech firm, announced on Wednesday it has launched Onboard, which is described as an all-digital platform that allows bank cardholders to access all their card-related benefits by simply downloading the app and entering the first six digits of their cards…. Read More

March 12, 2019 @ 3:59 pm By Samantha Hurst  |  

Dragon Den alum GripIt has successfully secured its initial £1 million funding target through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched last month and has attracted more than 500 investors. As previously reported, GripIt describes itself as the World’s Ultimate… Read More

March 12, 2019 @ 3:14 pm By Samantha Hurst  |  

Element Farms, an indoor hydroponic farming company capable of growing safe, pesticide-free spinach at scale year-round, has launched its investment round on equity crowdfunding platform WeFunder.  Founded in 2016, Element Farms describes itself as a produce company driven by technology. The company uses “cutting-edge,” proprietary… Read More

March 12, 2019 @ 2:17 pm By Samantha Hurst  |  

Just days after announcing its acquisition of global cross-border account-to-account money transfer network, Transfast, credit card giant Mastercard announced on Tuesday it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time… Read More

March 12, 2019 @ 1:31 pm By Samantha Hurst  |  

Onfido, a U.S. based identity verification platform, announced on Tuesday it has been appointed to the FIDO Alliance Board of Directors. As previously reported, Onfideo reportedly uses machine learning to help more than 1,500 companies to verify their users’ identity online. The company noted it… Read More

March 12, 2019 @ 12:27 pm By Samantha Hurst  |  

Forte, a blockchain technology for games developer, has formed a new partnership with Ripple to create a $100 million fund for mainstream blockchain games. According to Venture Beat, this new fund will operate alongside Forte’s platform technologies and include open-source solutions designed with Ripple to… Read More

March 12, 2019 @ 11:04 am By Samantha Hurst  |  

Premium beverage company, VEEN,  is now seeking €1.2 million through its first equity crowdfunding round on Invesdor. The company is now offering equity of 6.47%-15.59% through the campaign.  Established in 2007, VEEN today employs 54 people in 6 countries with a robust sales and distribution… Read More