January 5, 2018 @ 10:40 pm By Samantha Hurst  |  

Wishfin, an India-based online marketplace, announced it is seeking to raise up to $50 million during its upcoming funding round. Founded in 2016, Wishfin is a platform that’s run by Mywish Marketplaces Private Limited (MMPL), which has notably creased financial marketplaces in India. It has more… Read More

January 5, 2018 @ 3:00 pm By Samantha Hurst  |  

This week UK digital challenger bank Monzo announced it was introducing a 3% charge on cash withdrawals made for international ATMs, after a free 30-day allowance £200. Most debit card issuers charge a fee for off network cash withdrawals but some do not, depending on the country…. Read More

January 5, 2018 @ 2:00 pm By Samantha Hurst  |  

Frank, a New York-based student loan startup, announced this week that it has secured $10 million through its Series A  Funding Round, which was led by Apollo Global Management, with participation from Reach Capital, and Aleph. This funding round brought its total funding amount to… Read More

January 5, 2018 @ 12:00 pm By Samantha Hurst  |  

Artificial intelligence (AI) and data science company, CLARA Analytics, announced on Thursday it raised $11.5 million Series A funding round led by OAK HC/FT for its AI insurtech claim solutions. Founded in 2016, CLARA Analytics states it builds easy-to-use, AI/machine-learning based products. The company revealed: “Today, solutions… Read More

January 5, 2018 @ 11:00 am By Samantha Hurst  |  

Dinghy, a UK-based insurtech platform specifically for freelancers, has secured $1.2 million during its seed funding round led by Balderton Capital. Founded in 2017 by co-founders Ben Wilks, Robert Hartley, and Edward Woodcock, Dinghy offers fast, 24/7 claim handling along with fair, and flexible insurance service… Read More

January 5, 2018 @ 9:56 am By Samantha Hurst  |  

The House Crowd, a UK property crowdfunding platform, announced on Friday it has received full authorization from the Financial Conduct Authority (FCA). Frazer Fearnhead, founder and CEO of The House Crowd, revealed more details by stating: “We are extremely pleased to announce that after (a very long)… Read More

January 5, 2018 @ 9:26 am By Samantha Hurst  |  

Future FinTech Group Inc. (NASDAQ: FTFT), a Chinese fintech company and integrated producer of fruit-related products, today announced that it received a 5% equity interest in Nova Realm Limited. Nova Realm is described as a blockchain technology research and development company registered in the UK The company developed… Read More

January 5, 2018 @ 9:03 am By Samantha Hurst  |  

Honcho, a UK-based reverse-auction marketplace where insurers enter a competitive real-time bidding process to offer the best price to customers, has successfully secured its initial £650,000 funding target from more than 475 investors on equity crowdfunding platform Crowdcube. As previously reported, the platform is aiming to launch… Read More

January 5, 2018 @ 8:48 am By Samantha Hurst  |  

On Friday, equity crowdfunding platform Crowdcube announced it has formed a partnership with L Marks to offer co-funding opportunities to the company’s network of 130 startups. L Marks is described as innovation specialists and early-stage investors, who work with the likes of John Lewis, Bupa,… Read More

January 4, 2018 @ 2:00 pm By Samantha Hurst  |  

Prosper Marketplace, a leading peer-to-peer lending platform connecting borrowers and investors, announced on Wednesday it has appointed Justine Metz as Executive Vice President of Marketing. According to the online lender, Metz has over 25 years of marketing experience and joins Prosper from SRS Acquiom, a… Read More

January 4, 2018 @ 1:00 pm By Samantha Hurst  |  

Online lending platform LendInvest announced on Thursday it lent £500 million to help professional property investors, developers and landlords buy, build or renovate c.1800 homes in 2017. The online lender revealed that this marks a 33% increase on 2016’s £375 million lending record. LendInvest has now lent… Read More

January 4, 2018 @ 12:00 pm By Samantha Hurst  |  

India-based fintech EarlySalary announced on Thursday it secured Rs. 100 Crores through its Seris B funding round, which was led by Eight Roads Ventures India with participation from IDG Ventures India, Dewan Housing Finance Corp. Ltd. (DHFL) and seed investor Ashok Agarwal. The latest funding round comes just a few… Read More

January 4, 2018 @ 11:00 am By Samantha Hurst  |  

Last month, Prasos, a Bitcoin broker seeking to make Bitcoin investing mainstream, completed its equity crowdfunding campaign on Invesdor by securing more than €2.5 million in funding. The company launched the funding round in November seeking a minimum of €750,000. Now, CEO of Prasos, Henry… Read More

January 4, 2018 @ 10:00 am By Samantha Hurst  |  

On Thursday, Dash announced it has formed a partnership with Spanish cryptocurrency payment platform Bitnovo to launch cryptocurrency to 10,000 retailers through the country of Spain. The partnership will reportedly make Dash cryptocurrency available for purchase in thousands of stores through coupons and in selected… Read More

January 4, 2018 @ 8:15 am By Samantha Hurst  |  

MoneyLion, the mobile personal finance platform, announced on Thursday it has secured $42 million through its Series B funding round led by Edison Partners, with participation from FinTech Collective,  GRUPO Sura, Greenspring Associates and Danhua Capital. While sharing details about the latest funding round, Diwakar Choubey, CEO… Read More

January 4, 2018 @ 8:03 am By Samantha Hurst  |  

Virgin Startup has teamed up with TribeFirst to launched Crowdboost, a new equity crowdfunding accelerator program for startups looking to scale. Its description reads: “CrowdBoost has been developed for ambitious entrepreneurs who are looking to leverage the power of the crowd to raise funds, raise awareness and… Read More

January 4, 2018 @ 7:52 am By Samantha Hurst  |  

On Wednesday, global consulting and actuarial firm Milliman announced it has launched its new cloud-based insurtech solutions process, Arius Enterprise. According to the company,  Arius Enterprise is part of its Arius family of solutions and relies on the Arius software to provide the analysis and… Read More

January 4, 2018 @ 7:49 am By Samantha Hurst  |  

Unikrn, a high-tech betting platform for esports, announced on Wednesday its new crypto token, UnikoinGold, is now available on OKEx and Bittrex.  As previously reported, Unikrn was launched in late 2014 as a regulated and licensed sport bookmaker that was founded by Rahul Sood and… Read More

January 3, 2018 @ 4:27 pm By Samantha Hurst  |  

Urban Jungle, a London-based insurtech startup that seeks to revamp insurance for young people, announced on Wednesday it raised £1 million during its Seed funding round, which was led by former CEO of Prudential UK and HBOS insurance, Rob Devey with participation from angel investors… Read More

January 3, 2018 @ 4:14 pm By Samantha Hurst  |  

InstaReM (IE instant remittance), a Singapore-headquartered fintech start-up that convenient, fast and cost-effective cross-border money transfers to individuals and businesses, announced on Wednesday its 2017 progress and 2018 goals. CEO and Co-Founder, Prajit Nanu, took to the company’s blog to reveal details about the past twelve… Read More