December 12, 2017 @ 1:19 pm By Samantha Hurst  |  

Finnish crowdfunding and peer-to-peer lending platform Fellow Finance announced on Tuesday it received payment institution authorization from the Financial Supervisory Authority of Finland. The online lender claims it is the first funding platform to receive this type of authorization, which will notably enable Fellow Finance to… Read More

December 12, 2017 @ 12:10 pm By Samantha Hurst  |  

On Tuesday, banking giant Citi announced the launch of its new beta-testing customer community, Canvas Designed by Citi, which promotes financial wellness. According to Citi, the new community enables customers to co-create products and digital capabilities that promote their financial wellness. It will use data across a… Read More

December 12, 2017 @ 10:51 am By Samantha Hurst  |  

Canadian fintech startup Wealthica announced on Tuesday it has acquired online investment publication, Stockchase. According to Wealthica, Stockchase receives more than 100,000 visitors per month and is considered one of Canada’s top finance websites.  While sharing details about the publication’s development and acquisition, Stockchase co-founder Chris Bruner,… Read More

December 12, 2017 @ 9:55 am By Samantha Hurst  |  

Peer-to-peer lending platform Prosper announced on Tuesday it has appointed former Chief Marketing Officer of J.P. Morgan, Claire Huang to its board of directors. According to Prosper, Huang has held senior leadership positions at various well-known financial services companies, which includes Bank of America, Fidelity Investments, and American Express. While… Read More

December 12, 2017 @ 9:35 am By Samantha Hurst  |  

Whitecar, a UK-based new rental car brand, has successfully secured its initial £650,000 equity crowdfunding target through Crowdcube. The company originally sought to raise £850,000 but has decided to lower the funding goal after closing funds through a subscription that cannot be reflected on the Crowdcube progress bar…. Read More

December 12, 2017 @ 9:20 am By Samantha Hurst  |  

Simility, a provider of machine learning–powered adaptive fraud prevention solution, today announced it has secured $17.5 million during its latest funding round. PayPal, Inc. also participated in the round as a new strategic investor along with existing investors The Valley Fund and Trinity Ventures. This brings Simility’s… Read More

December 11, 2017 @ 3:39 pm By Samantha Hurst  |  

Dr Sannas, a natural skin care and health care product brand from Sweden, announced last week the launch of its initial public offering (IPO) on equity crowdfunding platform, Invesdor. The company revealed that it is planning to list on NGM Nordic MTF Marketplace and is… Read More

December 11, 2017 @ 3:10 pm By Samantha Hurst  |  

Digital wealth management platform MarketsFlow is quickly nearing its £210,000 equity crowdfunding target on Crowdcube. The portal launched the campaign less than two weeks ago and has raised more than £200,000 from nearly 250 investors.  Launched in January 2017 by technologist and entrepreneur Tom Nash, MarketsFlow describes itself as a… Read More

December 11, 2017 @ 2:02 pm By Samantha Hurst  |  

Just a little over a year after Nick Denton’s Gawker ceased all operations, a group of former employees of the popular website has launched a crowdfunding campaign on Kickstarter to raise $500,000 in order to purchase Gawker through auction. Gawker shut down after Hulk Hogan sued the website… Read More

December 11, 2017 @ 12:50 pm By Samantha Hurst  |  

Squirrel, a personal finance app designed to help users have more control over their money, has successfully secured its initial £400,000 funding target from 450 investors through its equity crowdfunding campaign on Crowdcube. As previously reported, Squirrel is an FCA-authorised business that issues users with a… Read More

December 11, 2017 @ 11:13 am By Samantha Hurst  |  

SnapTrip, a marketplace for people to discover the best last-minute self-catered holiday deals in the UK, has secured its initial £900,000 funding target and is now nearing £1.2 million from nearly 100 investors through its equity crowdfunding campaign on Seedrs. Founded in 2014, SnapTrip offers users a… Read More

December 11, 2017 @ 10:59 am By Samantha Hurst  |  

VeriME, a Singapore-based blockchain decentralized digital identity verification platform, announced on Friday it has formed a partnership with cross-border retail import-buy facilitation brand WeShop to provide secure customer verification and authentication services. According to VeriME, the new partnership comes after the platform completed its deal… Read More

December 11, 2017 @ 10:40 am By Samantha Hurst  |  

Just a little over a year and a half after securing more than £1.5 million through its first equity crowdfunding campaign on Crowdcube, Chinese takeaway Zing Zing has returned the funding portal and quickly secured its initial £500,000 funding target from more than 200 investors. … Read More

December 11, 2017 @ 8:00 am By Samantha Hurst  |  

On Friday, online lending platform SoFi announced that it has closed its $769 million SoFi Private Student Loan notes (SoFi 2017-F). The lender revealed that the closing marked its 12th ABS transaction this year and brings the total amount of ABS issuance to $6.9 billion. SoFi reported… Read More

December 9, 2017 @ 1:00 pm By Samantha Hurst  |  

Investment platform InvestorConnected has launched an equity crowdfunding campaign on Invesdor, seeking to raise a maximum of £350,000. Founded in 2010, InvestorConnected describes itself as a website that provides a global platform where entrepreneurs are able to pitch their businesses or projects to a broad range of… Read More

December 9, 2017 @ 11:00 am By Samantha Hurst  |  

LaundryHeap, a UK-based laundry and dry cleaning service with same day collection and delivery within 24 hours, is now seeking £850,000 through its equity crowdfunding campaign on Seedrs. The company, which described itself as the “Uber for Laundry,” stated in London and has already expanded… Read More

December 9, 2017 @ 9:00 am By Samantha Hurst  |  

With its latest Crowdcube campaign set to close in two weeks, UK-based parking innovator JustPark has secured nearly £2.1 million from over 1800 investors. As previously reported, JustPark was founded by entrepreneur Anthony Eskinazi and is seeking to lead the disruption of the £50 billion global parking market by… Read More

December 8, 2017 @ 4:02 pm By Samantha Hurst  |  

Earlier this week, Harmoney announced there has been an increase in Kiwi SMEs that are tapping into peer-to-peer (P2P) lending for business cashflow. The New Zealand online lender stated it estimates $100 million will be loaned to business accounts through its lending platform within the… Read More

December 8, 2017 @ 2:53 pm By Samantha Hurst  |  

Blockchain companies Bitland and FoodCoin announced this week that they have formed a partnership to bring the cryptocurrency to rural communities. Both companies stated that they are on a mission to offer blockchain technologies to facilitate real-world interactions that improve human connections and add value… Read More

December 8, 2017 @ 1:42 pm By Samantha Hurst  |  

Less than a month after launching its money-saving features Pots, challenger bank Monzo announced that the feature is now available on the Android smartphone app. As previously reported, Pots is described as a simple way to set money aside within a user’s main Monzo account. The bank stated:… Read More