November 14, 2017 @ 11:33 am By Samantha Hurst  |  

Banco BNI Europa announced on Tuesday it has formed a partnership with Edebex to launch an online platform for the purchase and sale of invoices to Portuguese companies with cash requirements, offering an innovative alternative to financial credit and traditional factoring. While sharing details about the… Read More

November 14, 2017 @ 10:56 am By Samantha Hurst  |  

On Tuesday, German digital-only challenger bank N26 announced it was launching Apple Pay support in Spain, Italy, and Finland. This news comes just after the bank launched the payment method’s support in France. “What if there were a way to pay without your card that is… Read More

November 14, 2017 @ 9:56 am By Samantha Hurst  |  

Tokyo-based SoftBank Corp. announced on Monday it has launched the third round for its SoftBank Innovation Program, which is a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization. SoftBank stated that the innovation program aims… Read More

November 14, 2017 @ 9:23 am By Samantha Hurst  |  

Just 30 hours after launching its crowdfunding campaign on PledgeMe, Dunedin-based OCHO Chocolate Factory secured $2 million funding target from more than 3550 investors. Ocho, which is short for Otago Chocolate, was started by artist and former journalist, Liz Rowe. It described itself s a craft bean-to-bar… Read More

November 14, 2017 @ 8:20 am By Samantha Hurst  |  

Canadian fintech Mogo Finance Technology Inc. (MOGO.TO) (MOGOF) announced on Tuesday it has appointed former PayPal head Darrell MacMullin as one of its new advisors in order to support the company’s product expansion efforts, including the upcoming launch of its recently announced cryptocurrency account, and new… Read More

November 13, 2017 @ 2:37 pm By Samantha Hurst  |  

On Monday, home ownership investment platform Unison announced 2018 expansion plans. As previously reported, Unison has created a new option for homeownership beyond the traditional mortgage route. By becoming a co-investor in the house, Unison is shouldering the risk side-by-side with the owner. They are betting that… Read More

November 13, 2017 @ 1:42 pm By Samantha Hurst  |  

Last week, Dyntrace announced it has acquired Plug and Play Fintech alum and global regtech, Qumram. Dynatrace reported that with the addition of Qumram’s tech and intellectual property it will further expand its digital experience capabilities by providing the ability to visually replay a user session with… Read More

November 13, 2017 @ 1:26 pm By Samantha Hurst  |  

On Monday, leading peer-to-peer lending platform for consumer loans, Prosper, reported growth in both transaction revenue and loan originations for the third quarter of 2017. The online lender claimed that the continued demand for personal loan product resulted in $822 million in loan originations through its… Read More

November 13, 2017 @ 12:56 pm By Samantha Hurst  |  

Less than two weeks after launching its equity crowdfunding campaign on Crowdcube, UK-based whisky distillery The Lakes Distillery has raised well over £1.2 million from more than 1800 investors. The Lakes Distillery was opened in 2014 and claims to be England’s largest whisky distillery. It has received over 100,000… Read More

November 13, 2017 @ 12:05 pm By Samantha Hurst  |  

  UK-based fintech Flux announced on Monday it has formed a partnership with Barclays for a new itemised digital receipt trial for customers. The trial will reportedly take place with an estimated 10,000 users of the Barclays Launchpad app, the bank’s platform for testing new… Read More

November 13, 2017 @ 11:17 am By Samantha Hurst  |  

Token, Inc., a turnkey open banking platform provider, announced on Monday it has formed a strategic partnership with Envestnet | Yodlee (ENV)to combine expertise in P2D2-compliant payments and financial data aggregation. Token stated its open banking operating system, TokenOS, enables banks to generate revenue from PSD2 compliant… Read More

November 13, 2017 @ 10:11 am By Samantha Hurst  |  

On Friday, Crowdfunder UK and M&S Energy announced the winners of the M&S Energy Fund. The projects involved in the fund vote involve energy efficiency, hydro projects, solar PV projects, and storage of energy. Speaking about the fund, the crowdfunding platform reported: “Twenty-five renewable community energy… Read More

November 13, 2017 @ 10:00 am By Samantha Hurst  |  

Real estate crowdfunding platform PeerStreet announced on Monday the launch of its new lender platform. According to the company, lenders may now access detailed Property Valuation Reports that allow them to analyze property data and adjust property details to generate highly accurate valuations that reflect current or… Read More

November 13, 2017 @ 9:28 am By Samantha Hurst  |  

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Monday its platform has surpassed one million users. Launched in 2016, the company rapidly expanded from 100,000 users in its first six months to more than one million users less than a year… Read More

November 11, 2017 @ 12:59 pm By Samantha Hurst  |  

UK-based distillery The Oxford Artisan Distillery (TOAD) is now seeking £750,000 through equity crowdfunding platform Crowdcube as it prepares to expand its distillery, crafts gin, vodka, and rye whiskey brand. Launched in July 2017, The Distillery describes itself as a grain-to-glass distillery producing spirits from heritage grain… Read More

November 11, 2017 @ 12:10 pm By Samantha Hurst  |  

On Friday, SoFi announced it has completed a $727 million issuance of SoFi Consumer Loan Program 2017-6 (“SCLP 2017-6”) notes, making it the largest offering of securities backed by consumer loans and is SoFi’s 11th ABS transaction this year, bringing the lender’s total issuance for… Read More

November 11, 2017 @ 11:56 am By Samantha Hurst  |  

On Friday, Republic announced it was launching compliant blockchain investments on its crowdfunding platform to the general public. The funding portal explained that Republic Crypto‘s first product, Republic Genesis, is set to make it possible for credible teams to get the funds and guidance they need to… Read More

November 10, 2017 @ 9:36 pm By Samantha Hurst  |  

Aussie equity crowdfunding platform Sharequity has reportedly been backed by Jack Quigley, a founding director FinTech Australia, and CrowdfundUP founder.  Founded by former GMP Asia Pacific Securities Chief Operating Officer, Geoff Reilly, Sharequity is an Australian equity crowdfunding platform that provides easy access to a… Read More

November 10, 2017 @ 3:34 pm By Samantha Hurst  |  

PayPal announced earlier this week that it has launched domestic operations in India. The company revealed that over the past decade it has been on a journey to digitize India by enabling cross-border transaction. “Today, we are proud to announce that we are adding domestic… Read More

November 10, 2017 @ 10:26 am By Samantha Hurst  |  

Banking giant Citi today announced on Thursday the new functionality for the Citi Mobile App for Android, offering access to banking and wealth management capabilities with a user-friendly design. Citi FinTech developed the new mobile features for Android following last year’s launch for iPhone. The… Read More