April 19, 2018 @ 12:00 pm By Samantha Hurst  |  

The Hong Kong Polytechnic University (PolyU), announced on Thursday it has teamed up with AMTD Group Company and AMTD Foundation to launch a new university-industry collaborated fintech center. According to PolyU, the AMTD Fintech Center of PolyU Faculty of Business aims to enhance Hong Kong’s capabilities to… Read More

April 19, 2018 @ 10:25 am By Samantha Hurst  |  

CMG Financial, the creators of a Fannie Mae and Freddie Mac approved down payment crowdfunding platform, HomeFundMe, announced on Thursday the launch of the funding portal’s new mobile app, which will allow users to share updates and post pictures and videos from their phones. The launch of… Read More

April 19, 2018 @ 9:19 am By Samantha Hurst  |  

With its equity crowdfunding campaign on Crowdcube set to close this upcoming weekend, UK-based insurtech Midrive has surpassed £2.1 million thanks to nearly 700 investors. As previously reported, Midrive was founded in 2013 and reported it has over 300,000 throughout the UK and reported its instructor… Read More

April 19, 2018 @ 9:02 am By Samantha Hurst  |  

Temenos (SIX: TEMN), the banking software company, announces that the audience of Innovation Jam London named Callsign the winner of the regional competition. According to Temenos, the fintech startup was one of 10 contestants to showcase their solution to an audience of banking and technology leaders. Founded… Read More

April 19, 2018 @ 8:50 am By Samantha Hurst  |  

Online lending platform LendInvest announced on Thursday it is putting the UK government “on notice” to improve access to finance for property SMEs by forging better partnerships with the alternative finance industry.  LendInvest reported that in a new report entitled Putting Finance First: the alternative route to… Read More

April 19, 2018 @ 8:28 am By Samantha Hurst  |  

China-based consumer finance platform LexinFintech announced on Thursday it is planning to invest a total of ¥1 billion in partner cooperations over the next three years in order to better save its customers and expand its credit services. According to LexinFintech, Jay Wenjie Xiao, the company’s… Read More

April 18, 2018 @ 4:15 pm By Samantha Hurst  |  

Financing military veteran-owned small businesses lender StreetShares announced on Wednesday it has appointed Mohan A. Rao as Chief Product and Technology Officer. According to the online lender,  Rao is the former Chief Technology Officer of Hobsons, Inc., and brings more than 25 years of experience with building software products,… Read More

April 18, 2018 @ 3:49 pm By Samantha Hurst  |  

Fintech company OpenFin announced on Wednesday it has appointed Mark Yallop a new non-executive board director. According to the company, Yallop is an experienced industry practitioner dedicated to driving innovation and standards in capital markets. OpenFin also reported that Yallop serves as an Independent Member of… Read More

April 18, 2018 @ 2:50 pm By Samantha Hurst  |  

Wunder Capital, a firm that develops and manages solar investment funds through partnerships, test processes, underwriting framework and its investment portal, announced on Wednesday it secured $112 million in equity and debt financing to accelerate the growth of the company. Founded in 2013, Wunder Capital… Read More

April 18, 2018 @ 2:18 pm By Samantha Hurst  |  

Mintos, an online marketplace that provides individuals with a simplified way to invest in loans originated by a variety of alternative lending companies, announced on Wednesday that fintech firm ID Finance has further diversified investment opportunities on the Mintos marketplace by launching personal loans listed in… Read More

April 18, 2018 @ 1:24 pm By Samantha Hurst  |  

On Wednesday, global innovation platform Plug and Play and international financial center Abu Dhabi Global Market (ADGM) announced they have established the Plug and Play ADGM office and the go-live date for its signature fintech innovation program for Abu Dhabi and the wider Middle East and… Read More

April 18, 2018 @ 12:01 pm By Samantha Hurst  |  

BNP Paribas, the global Top-10 bank headquartered in France, announced on Wednesday it is set to compete against other money transfer services such as PayPal, Venmo, and Lydia by deploying its new mobile payment solution, Paylib Between Friends. According to BNP Paribas, Paylib is described as a person-to-person… Read More

April 18, 2018 @ 10:36 am By Samantha Hurst  |  

Standard Insurance Company (The Standard), a provider of financial products and services, announced on Wednesday it has entered into a strategic partnership with Plug and Play Insurtech, a startup accelerator and open innovation platform. According to the duo, The Standard will act as an anchor partner on the Plug… Read More

April 18, 2018 @ 10:20 am By Samantha Hurst  |  

The House Crowd, a UK property crowdfunding platform, announced on Wednesday raised just over £1.3 million over a 24-hour period for housing developments in Lees, Greater Manchester. The funding portal reported that this is the first time it has broken the £1 million mark in a day…. Read More

April 18, 2018 @ 9:15 am By Samantha Hurst  |  

Elevate Credit, Inc. (Elevate), a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Wednesday it is collaborating with Mastercard on the development of a new credit product to expand financial opportunities for the approximately 160 million Americans with low… Read More

April 17, 2018 @ 3:51 pm By Samantha Hurst  |  

CrowdStreet, in the midst of a rebranding campaign, announced on Tuesday that more than 99,000 investors are now registered on its real estate crowdfunding platform. CrowdStreet operates a marketplace for direct equity investment in commercial real estate and provides project sponsors with investment management software… Read More

April 17, 2018 @ 3:17 pm By Samantha Hurst  |  

On Tuesday, Swedish crowdfunding platform FundedByMe celebrated the opening of its new office in Poland. As previously reported, the funding portal has now established a new office in Warsaw representing the sixth international location beyond Sweden. Daniel Daboczy, CEO and co-founder FundedByMe, recently stated: “Poland is… Read More

April 17, 2018 @ 2:45 pm By Samantha Hurst  |  

Global insurance company, Marsh, announced on Monday it has formed a partnership with IBM (NYSE: IBM), ACORD, and ISN launch a commercial blockchain solution for proof of insurance. The company reported that by using blockchain technology, it is looking to fundamentally transform the certificate of insurance process… Read More

April 17, 2018 @ 1:07 pm By Samantha Hurst  |  

Russia-based Sberbank and the Higher School of Economics’ (HSE) business incubator announced on Monday they are beginning to review ideas for startups that were submitted to the corporate business accelerator. The duo reported that around 600 projects were submitted during the first stage, which notably… Read More

April 17, 2018 @ 12:00 pm By Samantha Hurst  |  

DiversyFund, a real estate crowdfunding marketplace, announced on Monday it has launched its Commercial and Multifamily Real Estate Growth Fund. The funding portal reported that investors in this fund will own shares of a variety of real estate investments, with 80% of the fund dedicated to… Read More