February 1, 2018 @ 10:05 am By Samantha Hurst  |  

Earlier this week, online lending platform SoFi announced to its employees that, despite its successes in 2017, it will be laying off 65 employees (5% of its 1,300 workforce) in its mortgage-operations centers in Healdsburg, California and Cottonwood Heights, Utah. According to the Wall Street Journal,… Read More

February 1, 2018 @ 9:29 am By Samantha Hurst  |  

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Thursday that PayPal CIO Bradley Strock has joined its Board of Directors. This news comes just days after the company announced it appointed former PayPal and loanDepot executive… Read More

February 1, 2018 @ 8:47 am By Samantha Hurst  |  

On Thursday, fintech and payments events organizer Money 20/20 announced the keynote speaker line-up for its Money 20/20 Asia event, which will take place in Singapore this upcoming March. According to Money 20/20, the event will recognize the defining influence of the pan-Asian payments, fintech… Read More

February 1, 2018 @ 8:21 am By Samantha Hurst  |  

  On Wednesday, peer-to-peer lender Assetz Capital announced it cautiously welcomes Sajid Javid’s proposed housing intervention. According to the lending platform, the Secretary of State for Housing, Communities, and Local Government revealed that government will play a more active role in stopping property developers from hoarding land,… Read More

February 1, 2018 @ 7:49 am By Samantha Hurst  |  

Australia-based cybersecurity provider Entersoft announced on Thursday it was named Fintech Startup of the Year and Outstanding Application Security Solutions Provider at the 2018 Fintech Awards. Founded in 2013, Entersoft describes itself as an application security startup with a philosophy of Security By Design and DevSecOps…. Read More

February 1, 2018 @ 7:28 am By Samantha Hurst  |  

OurCrowd, the leading global equity crowdfunding platform, announced on Thursday it has teamed up with global sports tech accelerator that is backed by the Adi Dassler Family Office (ADIFO), leAD Sports, to launch a new sports tech fund, 13thfund ADvantage. According to the funding portal, the new… Read More

January 31, 2018 @ 3:46 pm By Samantha Hurst  |  

Checkbox, an Australia-based fintech platform, was named Best in Show following a live pitch competition at this year’s Next Money Fintech Finals. The competition was part of the 2018 StartmeupHK Festival in Hong Kong. According to the competition’s organizers, a total of 22 startups from around… Read More

January 31, 2018 @ 2:37 pm By Samantha Hurst  |  

SmartBiz Loans, an SBA loan marketplace and bank-enabling technology platform, announced on Wednesday the launch of its new AI-powered digital advisor tool for small business owners. The platform revealed that SmartBiz Advisor is an intelligent online platform that allows small business owners to easily and… Read More

January 31, 2018 @ 1:53 pm By Samantha Hurst  |  

On Wednesday, French banking firm BPCE announced it signed a partnership agreement with Meniga, a digital banking solutions company. According to the duo, this new agreement will see BPCE deploy Meniga’s technology across BPCE’s Banques Populaires and Caisses d’Epargne in France.  As part of its digital… Read More

January 31, 2018 @ 12:52 pm By Samantha Hurst  |  

California-based fintech BlueVine announced it has doubled the credit line size for its invoice factoring product to up to $5 million, underscoring the online business lender’s push to offer fast and flexible working capital financing to small and medium-sized businesses.  The company also increased the limit… Read More

January 31, 2018 @ 10:52 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Seedrs, Estonian peer-to-peer (P2P) lending platform Investly has already secured more than £300,000 in funding from nearly 170 investors. The round is currently seeking to raise £500,000. As previously reported, Investly was founded in 2013 and provides an… Read More

January 31, 2018 @ 10:22 am By Samantha Hurst  |  

OurCrowd, a leading global equity crowdfunding platform, announced on Wednesday its Labs/02 seed stage incubator will invest in up to 10 early-stage companies over the next ten years. According to OurCrowd, the incubator, which is a partnership amount the crowdfunding platform, Motorola Solutions (NYSE: MSI),… Read More

January 31, 2018 @ 9:54 am By Samantha Hurst  |  

Finn.ai, an AI-powered virtual assistant built for personal banking and finance, announced on Wednesday it has appointed Stephen Morse its new Head of Global Strategic Accounts. According to Finn.ai, Morse has extensive global experience with disruptive, growth businesses within the fintech space. He led enterprise sales organizations… Read More

January 31, 2018 @ 8:58 am By Samantha Hurst  |  

UK-based fintech company Coconut announced on Wednesday the launch of its new smart current account combining banking and accounting services, designed specifically for the UK’s ever-growing freelance and self-employed workforce. According to Coconut, the app-based business current account will prepare customers for HMRC’s ‘Making Tax… Read More

January 31, 2018 @ 8:50 am By Samantha Hurst  |  

Crowd invest marketplace Oval Money recently closed its equity crowdfunding campaign on Crowdcube with a total of £788,340 from 1050 investors. The campaign was launched in mid-January and quickly secured its initial £500,000 funding target. After achieving the funds it needed, the company announced it was closing the campaign… Read More

January 30, 2018 @ 4:06 pm By Samantha Hurst  |  

On Tuesday, social media giant Facebook announced it is officially banning all ads concerning bitcoin, other cryptocurrencies, and initial coin offerings (ICOs). Facebook Product Management Director, Rob Leathern, stated the platform’s team has created a new policy that prohibits ads that promote financial products and services that are frequently… Read More

January 30, 2018 @ 3:02 pm By Samantha Hurst  |  

DiversyFund, a real estate crowdfunding marketplace, announced on Tuesday it secured $1 million during its Series A funding round. According to DiversyFund, the closing of funding round represents a significant milestone for its platform. It plans to use the additional capital to further develop online… Read More

January 30, 2018 @ 2:15 pm By Samantha Hurst  |  

Appetise, a UK-based online takeaway restaurant marketplace, is now seeking £500,000 through its newly launched equity crowdfunding campaign on Crowdcube. Founded in 2008, Appetise is described as a UK-focused online and mobile application takeaway and delivery restaurant marketplace. Takeaways and delivery restaurants contract Appetise to join… Read More

January 30, 2018 @ 1:49 pm By Samantha Hurst  |  

Ping An Technology announced on Tuesday it has launched its first fintech accelerator through a partnership with SparkLabs Group, a network of accelerators and venture capital funds. According to the company,  Ping An Fintech Accelerator will be jointly operated by Ping An Technology and SparkLabs…. Read More

January 30, 2018 @ 12:04 pm By Samantha Hurst  |  

Insurance Technologies Corporation (ITC), a provider of insurance websites, agency marketing, rating, and management software and services, announced on Tuesday it opened the third annual InsurTech Scholarship for applications for the 2018-19 school year. The company stated it will award one $1,500 scholarship to a… Read More