February 14, 2018 @ 10:59 am By Samantha Hurst  |  

On Wednesday, Crowdcube announced half a million users have pledged over £400 million, of which £310 million has been successfully invested through its equity crowdfunding platform. the funding portal went on to list key stats about the crowd: The average investment size from an individual… Read More

February 14, 2018 @ 10:04 am By Samantha Hurst  |  

Silicon Valley Bank and First Data (NYSE: FDC), announced on Wednesday they have selected five startups to participate in Class 7 of Commerce.Innovated., an accelerator program that was designed to help commerce, payments, and fintech companies grow their businesses. According to the duo, this four-month virtual program provides participants… Read More

February 14, 2018 @ 9:13 am By Samantha Hurst  |  

UK-based online lending platform Assetz Capital announced on Wednesday that over 2,000 investors have registered for an Assetz Capital Innovative Finance ISA (IFISA) since its launch, surpassing the 2,000 accounts opened across the entire peer-to-peer (P2P) industry in the 2016/17 tax year. The online lender… Read More

February 13, 2018 @ 3:50 pm By Samantha Hurst  |  

Online lending platform for small businesses OnDeck (NYSE: ONDK) announced on Tuesday the release of its fourth quarter and full 2017 year financial results. The online lender reported it achieved a record $5 million of GAAP net income during the fourth quarter. While sharing more… Read More

February 13, 2018 @ 3:27 pm By Samantha Hurst  |  

On Tuesday, Starling Bank announced it has inducted the first wave of fintech startups in its new marketplace. This news comes just a few months after the UK-base challenger bank received approval by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) to offer customers… Read More

February 13, 2018 @ 2:53 pm By Samantha Hurst  |  

Radius Bank, a full-service bank serving consumers through its virtual platform, announced on Tuesday it has teamed up with New York fintech Mantl to launch its new digital account opening. According to Radius, through the platform consumers will now have a frictionless account opening experience… Read More

February 13, 2018 @ 2:38 pm By Samantha Hurst  |  

Vita Citric Spirit, a Spanish vodka brand, has successfully secured its initial £130,000 funding target through its equity crowdfunding campaign on Crowdcube. The initiative was launched earlier this month. The company revealed that it targets health and lifestyle-conscious drinkers that are keen to enjoy alcohol without… Read More

February 13, 2018 @ 1:48 pm By Samantha Hurst  |  

MoneyLion, the mobile personal finance platform, announced on Tuesday it has reached two million customer milestone. This news comes just one month after the platform secured $42 million through its Series B funding round, which was led by Edison Partners, with participation from FinTech Collective,  GRUPO Sura,… Read More

February 13, 2018 @ 1:21 pm By Samantha Hurst  |  

Zervant, a Finnish fintech that provides online invoicing software for small businesses and entrepreneurs in Europe, announced on Tuesday it secured  €6 million through its latest investment fund, which was led by Tesi, with participation from Northzone, NFT Ventures, and Conor Venture Partners. Zervant explained that it… Read More

February 13, 2018 @ 11:34 am By Samantha Hurst  |  

Neptune Financial Inc. (NepFin), a California-based financial services company, announced on Tuesday it has launched its very own online commercial lending platform for mid-sized U.S. businesses. According to the company, this new platform was created to become a new source of credit as well as… Read More

February 13, 2018 @ 10:26 am By Samantha Hurst  |  

Last week, Scottish craft brewer, BrewDog, announced its plans to open its highly anticipated Australian brewery and HQ right on the river in Brisbane’s Murarrie area. The brewery revealed last summer that it had narrowed its search for a site to Newcastle and Brisbane.  According… Read More

February 13, 2018 @ 9:43 am By Samantha Hurst  |  

Australian marketplace lending platform DirectMoney announced on Tuesday it secured a strategic investment from alternative investment manager Alceon to fund growth and innovation initiatives. According to DirectMoney, the investment will be structured through an initial placement of $600,000 at $0.042 per share (being 14,285,715 new shares), a… Read More

February 12, 2018 @ 3:54 pm By Samantha Hurst  |  

Finnish fintech Mash announced on Monday it has formed a partnership with Verifone to provide a pay-later solution for use in physical stores across Europe. According to Mash, the new service will provide consumers with an easy option to pay later, while still processing merchant payments… Read More

February 12, 2018 @ 3:17 pm By Samantha Hurst  |  

Less than a month after Hippo announced it secured $25 million through its Series B round, the California-based insurtech company announced the opening of its second office in downtown Austin. While sharing details about the new Texas location, Assaf Wand, Hippo Co-Founder and CEO, stated: “Hippo is… Read More

February 12, 2018 @ 2:52 pm By Samantha Hurst  |  

On Monday, online lending platform SoFi announced those who lost on the popular app and live trivia game show, HQ Trivia, now have an opportunity to win through its new “So Money” sweepstakes. SoFi reported that from now through February 16th it will award $25… Read More

February 12, 2018 @ 2:09 pm By Samantha Hurst  |  

On Monday, CreditEase announced its fintech investment fund, along with next47 and BMW i Ventures, has invested in California automotive fintech company, Fair. This news comes after Fair announced the acquisition of Uber’s Xchange Leasing subsidiary’s leasing portfolio. According to CreditEase, Fair was launched in August… Read More

February 12, 2018 @ 1:00 pm By Samantha Hurst  |  

On Monday, LendInvest announced the launch of its new process for development finance borrowers to transition seamlessly between products. According to the online lender, the Product Transition process allows existing borrowers to transfer easily between specialized loans that are tailored to support them at each stage in… Read More

February 12, 2018 @ 11:03 am By Samantha Hurst  |  

  Pundi X (CURRENCY: PXS), a cryptocurrency point-of-sale (“POS”) solution provider announced over the weekend it has formed a partnership with  Coinnest, which is described as the fourth largest cryptocurrency exchange platform in Korea, announced a strategic partnership. According to Pundi X, Coinnest will be the first Korean… Read More

February 12, 2018 @ 10:58 am By Samantha Hurst  |  

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Monday it has appointed Xiaoyan Zhang As its new Independent Director. According to the company,  Zhang is currently Assistant Dean and Xinyuan chair professor of finance at the PBC School of Finance, Tsinghua University with a research… Read More

February 12, 2018 @ 10:15 am By Samantha Hurst  |  

WeTravel, a fintech platform for travel companies, announced on Monday it secured $2 million through its seed funding round, which was led by Berkeley-based The House Fund, Brett Wilson, the former CEO of TubeMogul, and other investors. Founded in 2016, WeTravel describes itself as an online platform for anyone organizing a group trip…. Read More