January 12, 2018 @ 9:26 am By Samantha Hurst  |  

Zenz Organic, a natural and ecological beauty product brand, has raised nearly 2.3 million kr funding target through its equity crowdfunding campaign on Invesdor. The company, which was founded in 2009, originally sought to raise a minimum of 1,850,000 million kr, which was achieved quickly. As previously… Read More

January 11, 2018 @ 1:00 pm By Samantha Hurst  |  

Chinese peer-to-peer lending platform Dianrong announced on Thursday it has signed a strategic agreement with Dalian Finance Development Bureau and Dalian Finance Industry Investment Group. Dianrong revealed that according to the agreement it will be developing a series of specific projects in partnership with the Dalian government,… Read More

January 11, 2018 @ 12:00 pm By Samantha Hurst  |  

On Thursday, challenger bank Monzo announced its plans for the next twelve months. The company reported that in 2018 it wants to focus closely on making upgraded Monzo accounts better for its customers. Monzo revealed a list of items needed to be done and their… Read More

January 11, 2018 @ 11:00 am By Samantha Hurst  |  

On Thursday, Danish fintech Cardlay announced it secured a $5 million investment from SEB and SEED as it prepares to expand globally. Founded in 2016, Cardlay describes itself as a single software platform that issues, loads, and manages cards and expenses globally. The company noted it… Read More

January 11, 2018 @ 10:00 am By Samantha Hurst  |  

Hectare Agritech, a UK-based online marketplace for the agriculture sector, launched its third investment round on equity crowdfunding platform Seedrs. The company is currently seeking £500,000. The launch of the campaign comes just after Hectare released FarmPay, a dedicated payment platform. Founded in 2016, Hectare described… Read More

January 11, 2018 @ 8:56 am By Samantha Hurst  |  

On Wednesday, California-based insurtech company Hippo announced it has formed a strategic partnership with Spinnaker INsurance Company. The company revealed that through the new collaboration, it will expand to new states and bring its smart home coverage to over 60% of the U.S. population by… Read More

January 11, 2018 @ 8:28 am By Samantha Hurst  |  

The Peer-to-Peer Finance Association (P2PFA) announced on Thursday it has welcomed peer-to-peer lender Crowdstacker. According to the organization, the online lending platform concentrates on a select few established businesses looking to secure over £1 million, appealing to businesses seeking to diversify their existing funding strategies. While… Read More

January 11, 2018 @ 7:44 am By Samantha Hurst  |  

Atlanta-based fintech direct loan provider, LendingPoint, announced on Thursday it has acquired point-of-sale finance platform LoanHero. According to LendingPoint, with the combination of LendingPoint’s credit underwriting and risk management expertise, LoanHero will help accelerate LendingPoint’s expansion into point-of-need and point-of-sale financing, with its comprehensive and innovative… Read More

January 11, 2018 @ 7:22 am By Samantha Hurst  |  

Nav, a small business marketplace lending platform, announced this week it has facilitated more than 20,000 small business credit approvals in 2017. Founded in 2012, Nav described itself as an early-stage fintech company that uses data to help business owners get more funding, lower their costs,… Read More

January 10, 2018 @ 4:24 pm By Samantha Hurst  |  

  SingularityNet’s public token generation event (TGE) sold out immediately as it took just 66 seconds for the decentralized AI marketplace to complete the sale in December. The highly anticipated token ICO is in the midst of a compliance audit, which it expects to be completed… Read More

January 10, 2018 @ 4:15 pm By Samantha Hurst  |  

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it raised $13 million through Series A financing round, which was led by Peter Thiel’s Valar Ventures. Founded in 2016, the fintech company is looking to build a… Read More

January 10, 2018 @ 2:46 pm By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Wednesday it has secured $113 million through its latest financing round, which included $12.8 million of Series A equity financing co-led by Greycroft and Raine Ventures, as well as a revolving credit facility of… Read More

January 10, 2018 @ 2:15 pm By Samantha Hurst  |  

Modalku, an Indonesia-based peer-to-peer lending fintech startup, successfully surpassed $74 million (Rp 1 trillion) in total crowdfunded MSME loans. This news comes just a little over six months after the company announced it was fully registered with the Otoritas Jasa Keuangan (OJK). As previously reported, Modalku was… Read More

January 10, 2018 @ 1:12 pm By Samantha Hurst  |  

Visa (NYSE: V) announced on Wednesday it has formed a partnership with NovoPayment, a Florida-based fintech company, to facilitate the implementation of payment solutions for Business to Business (B2B) transactions in Latin America and the Caribbean. According to the credit card giant, the companies will work… Read More

January 10, 2018 @ 11:57 am By Samantha Hurst  |  

CMG Financial, the creators of a Fannie Mae and Freddie Mac approved down payment crowdfunding platform, HomeFundMe, announced on Wednesday the launch of the HomeFundMe Affinity Portal, which is described as a program allowing employers to add the funding portal to their benefits packages to assist… Read More

January 10, 2018 @ 10:51 am By Samantha Hurst  |  

India-based fintech NiYO announced on Wednesday it secured $13.2 million (85 crore) during its Series A funding round to drive the continued expansion of its payroll and benefits platform in India. The investment was made by Social Capital, JS Capital LLc (the family office of Jonathan Soros),… Read More

January 10, 2018 @ 9:49 am By Samantha Hurst  |  

Canada-based fintech company Katipult announced on Wednesday it has signed a Memorandum of Understanding (MUO) with Polymath, the creator of the Polymath securities token platform, to collaborate in the development of a system of recording securities ownership and transmission using blockchain technology. According to Katipult, the companies… Read More

January 10, 2018 @ 9:27 am By Samantha Hurst  |  

Fintech company FIS (NYSE: FIS), in collaboration with the state of Arkansas and Little Rock-based The Venture Center (VC), announced on Wednesday that applications are open for the 2018 VC FinTech Accelerator program. According to FIS, the VC FinTech Accelerator is heading into its third year and… Read More

January 9, 2018 @ 4:21 pm By Samantha Hurst  |  

Spare Fruit, a UK-based fruit chip brand, has successfully secured its initial 300,000 funding target on equity crowdfunding platform Seedrs.Founded in 2016, Spare Fruit states it rescues fresh fruit and transforms it into deliciously healthy fruit crisps.  “Our vision is to become the Europe’s leading sustainable… Read More

January 9, 2018 @ 4:04 pm By Samantha Hurst  |  

Following China’s decision to restrict micro-loans, Alibaba’s Ant Financial has reportedly halted its consume loan lending. According to Bloomberg, the company has not sold any asset-backed securities since early December, which was around the time that Chinese officials announced they were requiring micro-lenders to consolidate… Read More