April 9, 2018 @ 7:43 am By Samantha Hurst  |  

SenseTime, a Chinese artificial intelligence (AI) company, announced on Monday it raised $600 million during its Series C round of funding, which was led by the Alibaba Group with participation from  Temasek and Suning. This round of funding comes less than a year after the company raised $410 million through its… Read More

April 7, 2018 @ 2:51 pm By Samantha Hurst  |  

Winebuyers, an e-commerce platform that connects vineyards and wine merchants directly to the end consumer, has successfully secured its initial £525,000 funding target on equity crowdfunding platform Crowdcube. The funding round was launched last month and was recently extended. So far, it has attracted nearly 185 investors. As… Read More

April 7, 2018 @ 2:41 pm By Samantha Hurst  |  

Bitfinex, a digital asset trading platform that offers state-of-the-art services for digital currency traders and global liquidity providers, announced on Saturday the introduction of twelve new token listings to its trading platform. According to Bitfinex, the newly introduced token listings have a combined market capitalization of… Read More

April 6, 2018 @ 4:00 pm By Samantha Hurst  |  

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, is now nearing £2 million through its equity crowdfunding campaign on Crowdcube. The campaign was launched last month and successfully secured £1.8 million. So far, the funding round has… Read More

April 6, 2018 @ 2:00 pm By Samantha Hurst  |  

On Friday, online lending platform SoFi announced it has formed a partnership with global organizational consulting firm Korn Ferry to bring access to the KF Advanced career development platform to all of SoFi’s nearly half a million members for free. According to the duo, this… Read More

April 6, 2018 @ 1:00 pm By Samantha Hurst  |  

Chinese smartphone developer Xiaomi announced plans to launch a new crowdfunding platform in India called Mi Crowdfunding. India is reportedly the second country Xiaomi has introduced crowdfunding to test new products. Through the new funding portal, Xiaomi can fund and sell the products launched. Xiaomi… Read More

April 6, 2018 @ 12:00 pm By Samantha Hurst  |  

PeerStreet, an online platform for investing in real estate backed loans, announced on Friday it secured $29.5 million through its Series B funding round to further transform real estate investing. The round was led by World Innovation Lab. with participation from existing investors Andreessen Horowitz, Thomvest,… Read More

April 6, 2018 @ 10:40 am By Samantha Hurst  |  

Plug and Play announced on Friday that U.S. Bank (USB) has joined its Cybersecurity Innovation Platform as it prepares to kick off its first cohort. According to the hub, through this expanded partnership, U.S. Bank will engage with leading entrepreneurs in the Cybersecurity and Fintech sectors… Read More

April 6, 2018 @ 10:02 am By Samantha Hurst  |  

CivilisedBank, UK-based challenger business bank with a Local Banker network, announced on Friday it will release its current banking license to give more time to develop its technology platform before reapplying for a new license According to the bank, the PRA and the FCA are… Read More

April 6, 2018 @ 9:49 am By Samantha Hurst  |  

On Friday, Assetz Capital announced it has reached a record number of loans available to investors using our Manual Lending Account (MLA), with well over 200 live loans with loan parts available for immediate investment on the secondary market. According to the online lender, the MLA allows hands-on… Read More

April 6, 2018 @ 9:14 am By Samantha Hurst  |  

Smartphone manufacturer Foxconn has recently announced that one of its subsidiaries is now set to build what is believed to be the first blockchain smartphone for Sirin Labs. According to Sirin Labs, the Finney blockchain smartphone is designed to store and use digital currencies such… Read More

April 5, 2018 @ 5:00 pm By Samantha Hurst  |  

Plug and Play announced on Thursday the 156 startups accepted into eight of its programs. These programs will run from April through June and include Energy & Sustainability, Enterprise 2.0, Health & Wellness, Insurtech, Internet of Things, Mobility, Real Estate, and Travel & Hospitality. The organization… Read More

April 5, 2018 @ 4:00 pm By Samantha Hurst  |  

Canadian fintech lender PayBright announced on Thursday its e-commerce financing solution is now available for merchants operating the IBM Websphere Commerce platform. According to PayBright, the e-commerce solution integrates with merchant’s e-commerce platforms and provides Canadian customers with an additional payment option at checkout. Upon selecting PayBright… Read More

April 5, 2018 @ 3:00 pm By Samantha Hurst  |  

Less than two years after completing its second equity crowdfunding campaign on Seedrs, peer-to-peer car rental platform Hiyacar is now seeking £500,000 on Crowdcube. HiyaCar, formerly known as Ascendia Drive, states it is on a mission to change the way we own and use cars. Its online platform allows car… Read More

April 5, 2018 @ 1:00 pm By Samantha Hurst  |  

Riversimple, a Wales-based hydrogen-electric car company, recently announced it received an invitation to participate in the Dubai Future Accelerator program. This news comes as the company successful secures more than £1 million through its equity crowdfunding campaign on Seedrs. As previously reported, Riversimple designed a new car, the Rasa,… Read More

April 5, 2018 @ 12:00 pm By Samantha Hurst  |  

ThinCats, an alternative finance specialist, announced on Thursday it has provided Linlithgow-based Calnex Solutions with growth capital financing, both to enable the acquisition of Belfast-headquartered JAR Technologies and the continued expansion of the combined entity. Founded in 2006, Calnex Solutions claims to be a leading… Read More

April 5, 2018 @ 9:34 am By Samantha Hurst  |  

Bloomio AG, the blockchain powered equity crowdfunding company, announced on Thursday it has appointed Bertrand Mueller to its Board of Advisors. According to Bloomio, Mueller has 25 years of experience in the financial services industry in Switzerland, notably in fund management, portfolio management, asset allocation and equity… Read More

April 5, 2018 @ 9:17 am By Samantha Hurst  |  

Sharestates, an online real estate investment platform, announced on Thursday the launch of new online user portals that fully optimize the real estate investment process from beginning to end, providing investors with the first ever UX solutions in the real estate investment industry. According to… Read More

April 5, 2018 @ 9:12 am By Samantha Hurst  |  

Ethis Ventures, a venture firm based in Malaysia, announced on Thursday it has signed a crowdfunding partnership agreement with the Islamic Development Bank Group (IDB) at the IDB Annual Meeting in Tunisia. According to Ethis, The IDB, under the dynamic leadership of President HE Hajjar… Read More

April 4, 2018 @ 4:08 pm By Samantha Hurst  |  

Bitt, a Barbados-based fintech company, announced this week it closed its Series A investment round with an investment from retail giant Overstock.com of $16 million, placing the company’s valuation at $50 million. Founded in 2013, Bitt states it utilizes distributed ledger technology to improve speed, efficiency,… Read More