April 17, 2018 @ 11:36 am By Samantha Hurst  |  

UK-based peer-to-peer lender Landbay is set to close its latest equity crowdfunding campaign on Seedrs later this evening with more than £1.6 million from nearly 285 investors. The funding round was launched last month and quickly secured its initial £1.25 million funding target. This is the seventh equity… Read More

April 17, 2018 @ 9:59 am By Samantha Hurst  |  

iContract, the online platform connecting contractors with recruiters, completed its equity crowdfunding campaign on Seedrs with more than £800,000 secured. As previously reported, iContract, which was launched in August 2017, connects contractors and recruiters for job matching and networking. The company reported that so far it… Read More

April 17, 2018 @ 9:29 am By Samantha Hurst  |  

Spotcap, an SME focused online lender based in Berlin, announced on Tuesday it has opened applications for its Fintech Fellowship. According to the lending platform, this program offers a £8,000 award to a postgraduate student studying a fintech related course at a UK university. Applications… Read More

April 16, 2018 @ 4:26 pm By Samantha Hurst  |  

Earn.com, a platform that gives users cryptocurrencies for doing tasks such as replying to emails, announced on Monday it is being acquired by digital wallet and crypto exchange, Coinbase. As part of the acquisition, Earn’s Co-Founder and CEO, Balaji Srinivasan, will join Coinbase and assume the role… Read More

April 16, 2018 @ 3:19 pm By Samantha Hurst  |  

Pundi X (CURRENCY: PXS), a multi-cryptocurrency point-of-sale (POS) solutions provider for retail stores,  announce, on Monday it has launched a new buy-back program for company holdings in NPXS tokens following a reported unanticipated demand for its technology. Pundi X CEO and co-founder, Zac Cheah, claimed that the… Read More

April 16, 2018 @ 2:47 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has teamed up with GCPay to launch an automation solution for construction firms. The new solution, called AvidXChange Construction Payment Solution, has features that managing an entire project lifecycle.  While sharing details about… Read More

April 16, 2018 @ 1:46 pm By Samantha Hurst  |  

UK-based Triodos Bank announced on Monday five positive social and environmental impact organizations have raised more than £7 million through its crowdfunding platform in the three months since the portal’s debut. According to Triodos, the crowdfunding site opened to investors in January and the latest offer to… Read More

April 16, 2018 @ 11:54 am By Samantha Hurst  |  

Upper Hand, a cloud-based sports management software and business services company, announced last week it secured $1.5 million in funding from Park Ten Capital through its Series A Funding round. According to the company, the latest round brings its total funding to $4 million. Upper Hand, which… Read More

April 16, 2018 @ 10:39 am By Samantha Hurst  |  

Standard Chartered announced on Monday it has opened its latest innovation lab, the eXellerator, in Hong Kong. The new lab will be located in the bank’s building in Kwun Tong and is designed and created by WeWork. While sharing more details about the lab, Mary… Read More

April 16, 2018 @ 10:20 am By Samantha Hurst  |  

United Overseas Bank Limited (UOB) and Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday they have teamed up to launch a new joint venture, Avatec.ai (S) Pte Ltd (Avatec), which aims to help banks and finance companies to be more efficient and accurate… Read More

April 16, 2018 @ 9:42 am By Samantha Hurst  |  

Silot, a Singapore-based fintech startup, announced on Monday it secured $2.8 million through its Pre-Series A funding round, which was led by Arbors Ventures and Eight Roads Ventures. The company reported that the latest funding round comes nine months after it received its initial seed… Read More

April 14, 2018 @ 3:12 pm By Samantha Hurst  |  

Billon, a company that uses blockchain to built business solutions for real money and smart data, announced this week it has formed a partnership with Igoria Trade, the company behind IgoriaCard, which allows users to make payments in 150 currencies with low exchange costs and access… Read More

April 14, 2018 @ 1:36 pm By Samantha Hurst  |  

UK-based brewing company, Left Handed Giant Brewing, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million from over 1400 investors. The round was launched in February and quickly raised its initial £450,000 funding target. As previously reported, Left Handed Giant Brewing was launched… Read More

April 13, 2018 @ 9:11 pm By Samantha Hurst  |  

Regions Bank announced on Thursday it has invested in and formed a partnership with fintech mortgage and consumer digital lending technology platform provider, Lender Price. According to the bank, the duo will focus on streamlining Regions’ digital process and simplify interaction between banks, borrowers, and… Read More

April 13, 2018 @ 3:00 pm By Samantha Hurst  |  

UK-based peer-to-peer lender Lending Works announced this week it surpassed £100 million in online lending. According to Lending Works, the milestone comes just a little over a year after the platform surpassed £50 million. The lender also reported that 20,000 customers (over 16,000 borrowers and nearly 4,000 lenders)… Read More

April 13, 2018 @ 2:00 pm By Samantha Hurst  |  

dv01, the data management, reporting, and analytics platform that offers institutional investors transparency and insight into lending markets, announced on Friday it participated in its first mortgage securitization and acted as loan data agent for CSMC 2018-RPL2, a securitization of $275 million re-performing loans serviced by… Read More

April 13, 2018 @ 1:00 pm By Samantha Hurst  |  

HCI Group, Inc. (NYSE: HCI) announced on Thursday its that insurtech platform TypTap has surpassed $10 million in gross written premiums. According to HCI, TypTap provides residential flood insurance in Florida, features the company’s internally developed, online quoting and binding platform. The platform also provides a quote in seconds and… Read More

April 13, 2018 @ 12:00 pm By Samantha Hurst  |  

Online lending for small business OnDeck (NYSE: ONDK) announced this week that it has priced $225 million initial principal amount of Series 2018-1 Fixed Rate Asset-Backed Notes in a private securitization transaction. According to OnDeck, the notes will be issued in four classes and were priced with a weighted average… Read More

April 13, 2018 @ 10:20 am By Samantha Hurst  |  

Cloud business management solutions Sage announced it has formed a partnership with Stripe to launch a new invoicing functionality that the company claims will help customers get paid two times faster than before. According to Sage, users of the business cloud accounting will not have full… Read More

April 13, 2018 @ 10:05 am By Samantha Hurst  |  

Akoni, a UK-based digital cash treasury manager, announced earlier this week it has partnered with Fitch Solutions to offer Financial Implied Ratings (FIRs) through the Akoni platform. According to Akoni, the FIRs from Fitch Solutions will enable the company to offer clients an impartial assessment of… Read More