February 12, 2018 @ 9:15 am By Samantha Hurst  |  

UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, recently announced it has partnered with San Francisco-based Ripple to enable instant, seamless and real-time cross-border payments. The organization confirmed that the partnership makes it the largest payment solutions provider in the Middle East to use… Read More

February 11, 2018 @ 7:49 am By Samantha Hurst  |  

Indio Technologies, a California-based insurtech platform for brokers, announced this week it has secured $6 million through its latest Series A, which was led by 8VC. The company, which was founded in 2016, describes itself as a technology platform that creates digital tools for traditional… Read More

February 11, 2018 @ 7:47 am By Samantha Hurst  |  

Last week, London-based insurtech firm Inzura announced it secured a $1 million investment, which will enable the company to continue its international expansion. Founded in 2015, Inzura stated it offers a cloud-based platform as a service (PaaS) and white-label mobile apps that are designed to… Read More

February 10, 2018 @ 4:33 pm By Samantha Hurst  |  

Just after its equity crowdfunding campaign surpassed £675,000 on Crowdcube, London-based Hop Stuff Brewery announced it is set to close the funding round once it reaches £800,000. The brewery launched the initiative last month and quickly attracted its initial £400,000 funding target. Founded in 2013, Hop Stuff Brewery revealed it… Read More

February 9, 2018 @ 9:00 pm By Samantha Hurst  |  

On Friday, UK-based equity crowdfunding platform Crowdcube announced it is celebrating the 2017’s funded by holding its annual Crowdcube awards. While sharing details about the event, the funding portal stated: “These awards celebrate the best of British Entrepreneurship, showcasing a range of fantastic companies that… Read More

February 9, 2018 @ 9:00 pm By Samantha Hurst  |  

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Thursday its full 2017 results. According to CEO of Elevate, Ken Reese, the company ended its first year as a public company with a strong loan growth… Read More

February 9, 2018 @ 1:00 pm By Samantha Hurst  |  

On Thursday, mortgage giant Quicken Loans announced it has formed a partnership with Airbnb to provide new home financing options by enabling the property rental company’s hosts to use rental income on a primary residence to refinance their mortgages. Jay Farner, Quicken Loans CEO, stated;… Read More

February 9, 2018 @ 12:00 pm By Samantha Hurst  |  

Magma Partners, an early stage venture capital firm with offices in the U.S. and Latin America, announced earlier this week the first close of its second $15M fund to continue supporting the growth of U.S. incorporated startups with technology and sales teams based in Latin… Read More

February 9, 2018 @ 11:22 am By Samantha Hurst  |  

On Thursday, Chinese fintech Yirendai Ltd. (NYSE: YRD) announced it has entered into a three-year business agreement with PICC Property and Casualty Company Limited. The company reported that under the terms of the Agreement, PICC P&C will provide surety insurance for loans, with a maximum term of… Read More

February 9, 2018 @ 11:21 am By Samantha Hurst  |  

Aire, UK-based company that provides an alternative way for lenders to understand and score credit applicants, announced on Thursday it has teamed up with Toyota Financial Services to launch an evaluation with TFS for its Artificial Intelligence (AI) platform. According to Aire, the collaboration is… Read More

February 9, 2018 @ 11:01 am By Samantha Hurst  |  

This week, Belgium fintech Cashforce announced it has secured €2 million through its Series A funding round, which is led by Volta Ventures and Michel Akkermans. Founded in 2012, the company states it enables  CFOs of medium-sized global companies to generate a detailed & accurate cash… Read More

February 9, 2018 @ 10:59 am By Samantha Hurst  |  

Barbados-based Shyft announced on Thursday the launch of its new blockchain-based KYC/AML network, which will allow users to securely obtain, store, inquire into, and work with compliance-satisfying data, helping them reduce costs and increase efficiency while deepening consumer data security. The company revealed: “The Shyft Network… Read More

February 8, 2018 @ 3:00 pm By Samantha Hurst  |  

Earlier this week, London-based fintech Opal Transfer announced it is launching a new money transfer service between Ukraine and Poland. Incorporated in 2003, Opal Transfer specializes in foreign exchange money transfers to and from Eastern Europe, Latvia, Lithuania, Estonia, Poland, Bulgaria, Slovakia and Czech Republic. The… Read More

February 8, 2018 @ 2:00 pm By Samantha Hurst  |  

Peer to peer lender Robo.cash announced this week its latest report revealed that the most part of today’s investors are in the age group of 25-44 years and the half of that number is just getting experience but positive about the alternative lending and going to increase… Read More

February 8, 2018 @ 1:00 pm By Samantha Hurst  |  

Peer-to-peer invoice finance platform, MarketInvoice, announced this week it has formed a partnership with trade-credit insurance firm Euler Hermes to provide credit insurance policies to its customers in order to safeguard their businesses. This news comes just a few months after MarketInvoice added business loans to its invoice finance… Read More

February 8, 2018 @ 10:49 am By Samantha Hurst  |  

This week, Invest Lithuania released the Lithuania Fintech Report 2017, which revealed that a total of 117 fintech companies were operating in the country in 2017, with 35 of them being registered last year. According to Invest Lithuania, which is the co-author of the new report, the reasons… Read More

February 8, 2018 @ 9:20 am By Samantha Hurst  |  

ICOraid.io, a new podcast channel, was recently launched with a mission to bring entrepreneurs up to speed about opportunities and issues surround blockchain technology, along with the rise of cryptocurrencies and initial coin offerings (ICOs). The show was notably created and hosted by The Crowdfunding Centre’s Founder… Read More

February 8, 2018 @ 9:12 am By Samantha Hurst  |  

Last week, Chinese peer-to-peer lending platform Senmiao Technology announces terms for its upcoming $14 million U.S. initial public offering (IPO).  Founded in 2014, Senmiao Technology offers director loans and assignment of loans to medium-size enterprise, borrowers, and creditors. According to Renaissance Capital, the online lender plans to… Read More

February 8, 2018 @ 8:38 am By Samantha Hurst  |  

BitPesa, a blockchain payments platform for Africa, announced on Wednesday it has acquired European money transfer service, TransferZero. Founded in May 2016, TransferZero claims to be the first fintech company licensed by the Bank of Spain as an authorized payment institution and is a partner of Bankia,… Read More

February 8, 2018 @ 8:24 am By Samantha Hurst  |  

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Thursday it has appointed Meesh Pierce as its new Vice President of Product Management. According to AutoGravity, Pierce previously served as VP of Product Management at Fandango where she was… Read More