January 26, 2018 @ 1:00 pm By Samantha Hurst  |  

California fintech Integral announced this week that it has expanded its market data offering for cryptocurrencies to include 14 major cryptocurrencies connecting to all major exchange sources across the U.S., Europe, and Asia. While sharing details about the expansion, Harpal Sandhu, CEO of Integral, stated: “An accurate, stable, and reliable reference… Read More

January 26, 2018 @ 11:26 am By Samantha Hurst  |  

Earlier this week, fintech firm Ripple announced Mercury FX and IDT will now use xRapid to settle retail remittances and corporate transactions quickly. Both companies reportedly join MoneyGram and Cuallix, who will use XRP in their payment flows, to enable on-demand liquidity for global payments. The company revealed: “IDT and MercuryFX both have… Read More

January 26, 2018 @ 10:16 am By Samantha Hurst  |  

Earlier this week, UK-based fintech firm Finastra welcomed new companies Efficiency MC, Conpend, and BankBI to the platform-as-a-service (PaaS) solution FusionFabric.cloud open architecture. The company reported: “FusionFabric.cloud unlocks innovation by fostering open collaboration within an ecosystem of development partners. A major innovation for financial services, it opens up… Read More

January 26, 2018 @ 9:59 am By Samantha Hurst  |  

Online balance sheet lender, Nucleus Commercial Finance, reportedly lent £350 million in 2017. Founded in 2011, the lender revealed its platform was created in order to provide UK SEMs with alternative funding options. It was revealed: “At Nucleus, we combine the stability of bank finance with the… Read More

January 26, 2018 @ 9:49 am By Samantha Hurst  |  

On Friday, Canadian fintech Katipult announced it has appointed Karim Teja as its new Chief Financial Officer. According to the company, Taja has more than 15 years of diversified financial business experience and held senior positions in rapidly growing technology companies in the medical, environmental… Read More

January 25, 2018 @ 9:53 pm By Samantha Hurst  |  

Online lender SoFi announced on Thursday the closing of its $960.2 million offering of SoFi Professional Loan Program 2018-A Notes (SoFi 2018-A). According to the lending platform, the offering reflects underlying collateral of more than $1billion in student loans and is SoFi’s largest ever securitization, as well… Read More

January 25, 2018 @ 3:00 pm By Samantha Hurst  |  

Just a few days before the second annual Women’s March on Washington and Women’s Marches took place around the globe, GoFundMe and CrowdRise announced that more than $400,000 was raised on their crowdfunding platforms for the historical cause. The funding portal revealed: “This week marks… Read More

January 25, 2018 @ 2:00 pm By Samantha Hurst  |  

Real estate marketplace lender Money360 announced on Thursday Todd Ruppert, former CEO and president of T. Rowe Price Global Investment Services, has joined its Board of Advisors. This news comes just after the online lender surpassed $500 million in commercial real estate loans closed since inception, which… Read More

January 25, 2018 @ 1:00 pm By Samantha Hurst  |  

Online lending platform LendInvest announced on Thursday it has completed a £12.5 million finance deal with repeat development finance borrower KMRE Group to build 111 new homes in Kirkstall, which is described as a popular residential district of Leeds, Yorkshire. The online lender revealed that the whole… Read More

January 25, 2018 @ 12:00 pm By Samantha Hurst  |  

ValueSetters Inc. (OTC Pink: VSTR), a Boston-based publicly-traded, boutique advisory firm, announced on Thursday it acquired DreamFunded Marketplace, LLC, a California-based regulated crowdfunding portal. This news comes less than six months after Dreamfunded launched its first real estate investment opportunity under Reg CF. As previously reported, Dreamfunded… Read More

January 25, 2018 @ 10:13 am By Samantha Hurst  |  

YouCaring announced on Thursday it has acquired Indiegogo’s personal cause platform, Generosity. The online fundraising platform revealed along with the acquisition, it has formed a long-term partnership with the global crowdfunding platform, which has been named YouCaring’s Entrepreneurial Fundraising Partner. Speaking about the Generosity acquisition and partnership, YouCaring’s… Read More

January 25, 2018 @ 9:54 am By Samantha Hurst  |  

Akoni, a UK-based digital cash treasury manager, has been named as one of the most influential fintech companies for 2018 in an announcement made by global specialists in financial services technology and sales recruitment, Harrington Starr.  Founded in 2015, Akoni, which is FCA licensed and regulated,… Read More

January 25, 2018 @ 9:02 am By Samantha Hurst  |  

Singapore-based fintech platform tryb Group announced on Thursday it secured a $30 million investment by Makara Innovation Fund, a $717 million private equity fund that invests in IP-driven small- to mid- companies with the aim of scaling, internationalizing and creating enterprise value. Founded in 2016, tryb describes… Read More

January 25, 2018 @ 8:50 am By Samantha Hurst  |  

Roostify, a California-based provider of automated mortgage transaction technology, announced on Thursday it has integrated with real estate marketplace lending platform LendingTree (NASDAQ: TREE). According to Roostify, the new integration makes it easier for consumers to locate and apply with the right lender. Roostify also reported… Read More

January 24, 2018 @ 3:59 pm By Samantha Hurst  |  

Atari Game Partners, a wholly-owned subsidiary of video game giant Atari,  has launched a crowdfunding campaign on StartEngine to raise up to $20 million in order to bring its hit classic game RollerCoaster Tycoon to the Nintendo Switch game console. The company claimed since its initial release in 1999,… Read More

January 24, 2018 @ 3:23 pm By Samantha Hurst  |  

Hartford InsurTech Hub, powered by Startupbootcamp, announces this week it has formed a new partnership with Crawford & Company, the world’s largest publicly listed independent provider of claims management solutions to insurance companies and self-insured entities. According to the Hub, this new partnership was formed through Crawford Innovative… Read More

January 24, 2018 @ 2:34 pm By Samantha Hurst  |  

On Tuesday, California fintech Zebit announced it has appointed former LendUp Head of Capital Markets, Steve Lapin as its new Chief Financial Officer. According to the startup, Lapin has 15 years of experience in sourcing debt and equity investments, well as investor relations and financial… Read More

January 24, 2018 @ 1:57 pm By Samantha Hurst  |  

Sweden banking group Nordea announced this week that it is banning all of its approximately 31,000 employees from trading in cryptocurrencies due to high risk. The new ban will go into effect on February 28th. A Nordea spokesperson confirmed with Reuters that the bank believes that… Read More

January 24, 2018 @ 11:43 am By Samantha Hurst  |  

Financing military veteran-owned small businesses lender StreetShares announced on Wednesday it secured $23 million during its Series B funding round, which was led by Rotunda Capital Partners, LLC, with participating from existing investors, including veteran-focused venture firm, Stony Lonesome Group. As previously reported, StreetShares provides small business financing through small business… Read More

January 24, 2018 @ 10:36 am By Samantha Hurst  |  

Chinese peer-to-peer lending platform Dianrong announced on Tuesday it secured $70 million during its Series D funding round, which was led by ORIX Asia Capital with participation from CLSA, the overseas platform of CITIC Securities. While sharing details about the latest investment, Soul Htite, Founder and… Read More