Last week, UK-based online lending platform Lending Works celebrated 2017 by looking back at all its successes. The online lender revealed in a blog post: “2017 is a year which we will look back on with great pride. In 2016, a lot of groundwork was… Read More
Read more in: Investment Platforms and Marketplaces | Tagged lending works, online lending, uk, united kingdom
Kickstarter alum and home monitoring camera startup, Blink, recently announced it has been acquired by online retail giant, Amazon. This news comes just two years after the company secured $5.8 million from private investors. As previously reported, Blink surfaced on the crowdfunding platform in 2014 and secured over… Read More
Read more in: Offerings | Tagged acquisition, amazon, blink, cameras, kickstarter, technology
Hong Kong’s payments and cryptocurrency platform Monaco announced on Tuesday an expansion of its strategic cooperation with Binance, where Monaco’s MCO token was listed this past summer. The company revealed that under this partnership expansion it will include support for Binance’s BNB token to its platform which… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged agreement, binance, changpeng zhao, hong kong, kris marszalek, monaco, partnership
Just a few months after the Trump Administration announced it was ending the Deferred Action for Childhood Arrivals (DACA) program, global crowdfunding platform Indiegogo revealed its support for the program. The funding portal revealed in a blog post last week: “A few months ago, President… Read More
Read more in: Investment Platforms and Marketplaces | Tagged daca, indiegogo, president trump, u.s., united states
Just two weeks after Zing Zing’s latest Crowdcube round secured its initial £500,000 funding target, the UK-based Chinese takeaway has surpassed £650,000 and has announced the funding found may close early. In its latest update, the company stated: “Hope everyone is having a great festive… Read More
Read more in: Offerings | Tagged crowdcube, restaurant, uk, united kingdom, zing zing
Batu Biologics, an immuno-oncology company focused on the development and commercialization of novel therapies, announced on Monday the closing of its Regulation 506(c) equity crowdfunding offering on EquityNet after successfully securing $1.3 Million in funding. The funding round was launched in May 2017 and was… Read More
Read more in: Offerings | Tagged batu biologics, cancer, equitynet, medical, medicine, research
Suning Financial Services Shanghai Co. announced on Tuesday it has issued new shares to raise ¥5.34 billion ($813 million) as it looks to invest further into its fintech products. The company reported around14 investors took part in the investment round and it issued 16.5% of… Read More
With its equity crowdfunding campaign on Crowdcube set to close later this week, personal finance app Squirrel has successfully surpassed £500,000 from more than 600 investors. As previously reported, Squirrel is an FCA-authorised business that issues users with a bank account and provides an application to… Read More
Read more in: Offerings | Tagged barclay, crowdcube, mutaz qubbaj, squirrel, uk, united kingdom
Med-X, Inc. (Med-X) and Pacific Shore Holdings, Inc. (PSH) announced on Friday they have entered into a definitive merger and acquisition agreement. According to the Agreement, Med-X, an ancillary cannabis company and a leader in cannabis media and cultivation services arena, will combine with PSH,… Read More
Read more in: Offerings, General News | Tagged cannabis, matthew mills, med-x, regulation a, startengine
With less than two weeks until the world rings in the new year, global crowdfunding platform Indiegogo took a look back on 2017 and its successes. The funding portal revealed in a blog post on Thursday: “In 2017, we saw people challenging the status quo… Read More
Read more in: Investment Platforms and Marketplaces | Tagged indiegogo
Allianz X, the digital investment unit of the Allianz Group, announced this week it has invested $96.6 million investment in BIMA, a digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia, and Latin America. Allianz reported it has become BIMA’s sole insurance shareholder and… Read More
Read more in: Insurtech | Tagged allianz x, bima, insurtech, investment, nazim cetin
Travel financing platform UpLift announced on Thursday it is expanding its lending capacity to $200 million and close financing of $90 million as its UpLift Pay Monthly feature gains rapid adoption across the travel industry. UpLift reported its $75 million credit facility is in partnership with… Read More
Read more in: Investment Platforms and Marketplaces | Tagged brian barth, erik blachford, financing, marketplace, travel, UpLift
Lendio, an online lending marketplace for small business loans, announced on Thursday the opening of a new Lendio franchise in the Rochester area. Through the Lendio franchise program, R.J. Muto will help local businesses in the community apply for loans, review their options and secure funding, and… Read More
Read more in: Investment Platforms and Marketplaces | Tagged ben davis, franchise, lendio, new york, rochester
Just days after announcing it was extended its equity crowdfunding campaign on Crowdcube, UK-based distillery The Oxford Artisan Distillery (TOAD) has successfully secured its initial £750,000 funding target. As previously reported, TOAD was launched in July 2017 and describes itself as a grain-to-glass distillery producing spirits from heritage grain… Read More
Read more in: Uncategorized | Tagged crowdcube, distillery, the oxford artisan distillery, toad, uk, united kingdom
The Gibraltar Blockchain Exchange (GBX) and QUOINE announced on Friday it has formed a strategic partnership. Th companies revealed that the partnership was created in order to provide the cryptocurrency markets with global liquidity alliance. The companies stated they are looking forward to building a strong, global digital asset exchange… Read More
Read more in: Blockchain & Digital Assets, Asia, Fintech | Tagged gbx, gibraltar blockchain exchange, mike kayamori, nick cowan, partnership, quoine
Bistro Planet, a technology company that has developed a mobile food marketplace, has launched a Regulation CF (Reg CF) campaign on equity crowdfunding platform SeedInvest. Bistro Planet describes its marketplace as a three-pronged technology platform that allows food truck users to book lot rentals and manage… Read More
Read more in: Offerings | Tagged food trucks, reg cf, seedinvest
dv01, the data management, reporting, and analytics platform that offers institutional investors transparency and insight into lending markets, announced on Thursday it is set to close 2017 with $7.9 billion of consumer unsecured bonds. This news comes just a few months after the company launched its… Read More
Earlier this week, fintech firm Ripple announced it was launching a new infrastructure innovation initiative. This news comes just a couple of months after the company announced more than 100 financial institutions have joined its blockchain network, RippleNet. While sharing details about the initiative, Ripple stated: “Ripple… Read More
Read more in: Fintech | Tagged dilip rao, fintech, infrastructure, initiative, ripple
Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD) announced on Wednesday it has formed a partnership with Cascade FinTech to develop a platform that gives cryptocurrency holders the ability to use the value of their currency to make purchases at millions of… Read More
Read more in: Fintech | Tagged cryptocurrency, fit pay, michael orlando, partnership
TechAssure, the international nonprofit association of insurance and risk management experts for technology-related risks, announced earlier this month it has formed a new partnership with insurtech company Indio. The organization revealed that its members will gain access to Indio’s software, which is designed to improve the client… Read More
Read more in: Insurtech | Tagged indio, insurtech, michael furlong
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