Crowdfunding platform Patreon announced this week it has made some changes to its service fee. While sharing details about the new fee structure, the funding portal explained: “In order to continue our mission of funding the creative class, we’re always looking for ways we can help creators… Read More
Read more in: Investment Platforms and Marketplaces | Tagged artists, music, patreon
Handsome, a UK-based healthcare consumer brand, has successfully raised its initial £500,000 funding target through equity crowdfunding platform Seedrs thanks to 220 investors. As previously reported, the company was founded in 2011 with a mission to launch innovative and exciting consumer healthcare products that are… Read More
Read more in: Offerings | Tagged back pain, handsome, healthcare, seedrs, uk, united kingdom
UK-based fintech MishiPay announced on Friday it has secured £1.65 million during its Seed funding round, which was led by London based pan-European venture capital Nauta Capital. Founded in 2015, the company has notably created a theft-proof mobile self-checkout technology that promises to eliminate the checkout line in store. “Mishipay is… Read More
Read more in: Fintech | Tagged nauta capital, seed funding
Earlier this week, online lending platform Zopa announced that users may now set their repayments to automatically move into an ISA. The lender reported this means that users may gradually move their Zopa money into an ISA without having to sell loans and pay fees… Read More
Read more in: Investment Platforms and Marketplaces | Tagged investment, isa, online lending, peer to peer, zopa
On Friday, U.S. fintech and online provider of business valuation big data BizEquity announced it has formed a partnership with Envestnet, a wealth technology platform for advisors, to offer its patented cloud-based service and product to Envestnet’s 60,000 wealth advisors through the Env 2 platform. The… Read More
Read more in: Fintech, General News | Tagged bizequity, envestnet, fintech, michael m. carter, wealth technology
Prasos, a Bitcoin broker seeking to make Bitcoin investing mainstream, has successfully secured more than €1 million through its latest equity crowdfunding campaign on Invesdor. The company is now offering 5% to 14.91% in equity at a pre-money valuation of €14.26 million. As previously reported, Prasos is described as… Read More
Read more in: Offerings | Tagged bitcoin, finland, henry brade, invesdor, prasos
Earlier this week, Mexican Senate passed a new bill that was designed to regulate fintech companies and cryptocurrency throughout the country. As previously reported, Mexico’s President, Enrique Peña Nieto declared in September that an initiative will be submitted to regulate and provide a legal framework for fintech… Read More
Read more in: Blockchain & Digital Assets, Fintech | Tagged bill, cryptocurrency, felipe vallejo, fintech, mexico, senate
Bank Indonesia announced on Thursday it has issued new regulations that bar fintech companies from using cryptocurrencies on their platforms. This news comes less than two months after the bank announced it has drawn up rules to monitor fintechs in the country. “Financial Technology [Fintech] Providers… Read More
Read more in: Asia, Fintech | Tagged asia, bank indonesia, fintech, indonesia, regulations
Canada-based fintech and electronic solutions provider Plooto announced on Wednesday it is continuing its partnership with online small business technology company Xero. The company reported that the two organizations are currently working on a software integration that gives accountants and bookkeepers the ability to send… Read More
Read more in: Canada, Fintech | Tagged electronic payments, partnership, xero
On Thursday, GoFundMe released its third annual “Year in Giving” report, which reveals new data, top campaigns, and inspirational stories from its global crowdfunding platform. Highlights of the report include: Top 10 highest raising campaigns from 2017 Overall giving trends from 2017 State-by-state giving data Some of… Read More
Read more in: Investment Platforms and Marketplaces | Tagged gofundme, report
Open for Vintage, a new luxury fashion platform that promotes sustainability and independent retailers, has successfully secured its initial £150,000 funding target through its equity crowdfunding round on Crowdcube. The platform, which was launched earlier this year, revealed that it connects customers with a global network… Read More
Read more in: Offerings | Tagged crowdcube, fashion, uk, united kingdom
New universal virtual gifting blockchain platform, Gifto, announced on Thursday it has formed a partnership with TRON, a decentralized protocol that aims to construct a worldwide free content entertainment system using blockchain and distributed storage technology. The platform stated that it will leverage TRON’s technology to… Read More
Read more in: Blockchain & Digital Assets | Tagged andy tian, gifto, iron, justin sun, partnership
Digital money transfer service WorldRemit announced on Thursday it has raised $40 million through its Series C Funding Round, which was led by LeapFrog Investments, with significant participation from existing investors Accel and TCV. WorldRemit revealed that it handles a growing share of the $600 billion… Read More
Read more in: Fintech, Blockchain & Digital Assets | Tagged ismail ahmed, leapfrog investments, series c funding, worldremit
On Thursday, Chinese peer-to-peer lending platform Dianrong announced it has made a series of senior executive announcements. The online lender revealed Founder and former CEO, Soul Htite, has been named Executive Chairman, while Co-Founder and Co-CEO, Kevin Duo, was appointed Co-Chairman of the board. Former… Read More
Read more in: Investment Platforms and Marketplaces, Asia, Fintech | Tagged china, dianrong, long hsiang loh, online lender, p2p, peer to peer, soul htite
Mychal Simka, the writer and producer of 14 animated feature films to date including “Adventures of Bunny Bravo,”and Barry Katz, an Emmy and Grammy-nominated producer of over 100 specials, albums, documentaries, reality and scripted tv shows and films, have teamed up to launch a Reg CF… Read More
Read more in: Offerings | Tagged indiegogo, microventures, mychal simka, reg cf, television
Blockchain payments technology platform BitPay announced on Wednesday it has secured $30 million during its Series B funding round, which was led by Aquiline Technology Growth, a fund managed by Aquiline Capital Partners that invests in early- and growth-stage financial technology companies. BitPay stated its platform gives businesses and individuals… Read More
Read more in: Blockchain & Digital Assets | Tagged bitcoin, bitpay, blockchain, max chee, stephen pair
Parcel2Go, described as the UK’s largest parcel delivery comparison website, is set to close its Crowdcube campaign with more than £1 million thanks to nearly 1300 investors. The equity crowdfunding initiative was launched last month and quickly raised its initial £500,000 funding target. As previously reported, Parcel2Go… Read More
Read more in: Offerings | Tagged crowdcube, james greenbury, parcel2go, uk, united kingdom
On Wednesday, equity crowdfunding platform Seedrs announced that one of its advisors and famous British tennis player Andy Murray invested in two early-stage businesses, GoodBox and ZoomDoc. According to Seedrs, GoodBox is a company that is seeking to disrupt the charity sector. The funding portal… Read More
Read more in: Offerings, General News, Investment Platforms and Marketplaces | Tagged andrew o’brien, andy murray, charities, goodbox, healthtech, investments, seedrs, uk, united kingdom, zoomdoc
Israel-based Viola Investment Group announced on Wednesday it secured $100 million toward a target of $120-$150 million, for a new global FinTech fund. According to the company, this new fund is backed by selected leading global banks, insurance companies and asset managers, including Scotiabank, The Travelers Companies,… Read More
Read more in: Fintech | Tagged bank hapoalim, fintech, israel, scotiabank, viola fintech
On Wednesday, UK peer-to-peer lending platform RateSetter released its accounts for the year ending on March 31, 2017. The online lender reported that revenues were £23.7m, up 38 percent from 2015-16; loans under management grew by 23 percent, from £581m to £714m; the number of… Read More
Read more in: Investment Platforms and Marketplaces | Tagged online lending, p2p, peer to peer, ratesetter, rhydian lewis, uk, united kingdom
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