November 10, 2017 @ 9:28 am By Samantha Hurst  |  

Netherlands-based stock trading app BUX has successfully secured its initial €1 million funding target through equity crowdfunding platform Seedrs. The initiative was launched earlier this week and has attracted more than 1,700 new investors. Founded in 2014, BUX describes itself as a tech company that is seeking… Read More

November 10, 2017 @ 8:24 am By Samantha Hurst  |  

Sancus Finance, the specialist alternative finance firm, announced on Thursday it has appointed Victoria Osgood as its new Client Manager. According to the company, Osgood will be responsible for managing a growing portfolio of clients and their range of funding solutions to ensure the smooth… Read More

November 9, 2017 @ 3:23 pm By Samantha Hurst  |  

Boat marketplace platform, Borrow A Boat, successfully secured its equity crowdfunding campaign’s initial £200,000 funding target from more than 300 investors on Crowdcube. The company launched the initiatve less than two weeks ago. As previously reported, the Borrow A Boat platform was set up in 2016 by boat… Read More

November 9, 2017 @ 2:39 pm By Samantha Hurst  |  

The Dubai Financial Services Authority (DFSA) today granted Sarwa Digital Wealth Limited (Sarwa), an automated investment advice service, in-principle approval for its Innovation Testing Licence (ITL). According to the organization, Sarwa Digital Wealth is considered the first fintech operator to receive approval for this special… Read More

November 9, 2017 @ 1:04 pm By Samantha Hurst  |  

Just six months after closing its Indiegogo campaign for the DogHouse hotel and sour beer facility, BrewDog announced it has broken ground for the two projects. The funding round secured $324,072 from 2158 backers for the buildings, which will be located at the brewery’s Ohio site…. Read More

November 9, 2017 @ 12:40 pm By Samantha Hurst  |  

Just days after the tragic shooting at the Sutherland Springs’ First Baptist Church, more than 16,000 supporters of the victims have flocked to GoFundMe and has raised over $1 million in funding through more than a dozen crowdfunding campaigns. On Sunday, alleged gunman, 26-year-old Devin Kelley,… Read More

November 9, 2017 @ 12:04 pm By Samantha Hurst  |  

On Thursday, California-based eyeCam, Inc. announced it has attracted more than $5 million in reservations through equity crowdfunding platform Crowdfunder. The company is currently seeking funds to build the prototype of its eyeHand, which is described as a standalone wearable smartphone that turns hands and… Read More

November 9, 2017 @ 11:14 am By Samantha Hurst  |  

On Thursday, crowdfunding platform YouCaring announced the release of its first State of Compassion report, which analyzes geographic and demographic trends in U.S. crowdfunding. The funding portal revealed that the report is based on the rigorous analysis of aggregated and anonymized data from nearly 350,000 of… Read More

November 9, 2017 @ 9:32 am By Samantha Hurst  |  

Morgan Stanley Wealth Management announced on Thursday the launch of its new person-to-person payments service called Morgan Stanley Send Money with Zelle.  According to Morgan Stanley, the service enables its clients to send money and receive money from almost anyone with a U.S. bank account using the… Read More

November 9, 2017 @ 9:18 am By Samantha Hurst  |  

FinMkt, Inc., a New York-based provider of technology and infrastructure for the online lending industry, announced this week it has closed a $5 million equity round led by venture capital firm ManchesterStory Group with participation from Perot Jain LP, Vectr Ventures, and existing investors. This… Read More

November 8, 2017 @ 3:54 pm By Samantha Hurst  |  

UK-based whisky distillery The Lakes Distillery successfully secured its initial £1 million funding target just days after making its Crowdcube debut. As previously reported, the distillery opened in 2014 and already claims to be England’s largest whisky distillery. It has received more than 100,000 visitors annually and has sold… Read More

November 8, 2017 @ 3:45 pm By Samantha Hurst  |  

Waves announced on Wednesday it is implementing new technology, which will enable the network to process thousands of transactions per minute, which makes it the fastest decentralized blockchain platform in the world. According to the blockchain platform, “Waves-NG” is described as a next-generation technology designed to… Read More

November 8, 2017 @ 2:29 pm By Samantha Hurst  |  

On Wednesday, Indiegogo announced STEMosaur, a smart toy and learning tool for young entrepreneurs, coders, and engineers, is the latest crowdfunding project to receive flash funding from Arrow as part of the Arrow Certification Program. The project secured $125,000 in the flash funding. According to Indiegogo,… Read More

November 8, 2017 @ 1:52 pm By Samantha Hurst  |  

On Wednesday, ICO Investor.tv was launched to help enthusiasts and investors to explore the Initial Coin Offering (ICO) industry. The platform, which was developed by NextGen Crowdfunding founder, Aubrey Chernick, is claimed to be the first online video platform dedicated to ICOs and will feature… Read More

November 8, 2017 @ 11:25 am By Samantha Hurst  |  

Kony, Inc., an enterprise mobility and digital applications company, today announced it is expanding its global partner ecosystem with financial technology solutions featured on the Kony Digital Banking Marketplace. According to Kony, the  Digital Banking Marketplace is described as  one-stop shop for pre-built fintech components, integrations and… Read More

November 8, 2017 @ 11:08 am By Samantha Hurst  |  

Just days after announcing an extension of its second equity crowdfunding campaign on Crowdcube, reward-based crowdfunding platform Crowdfunder UK has successfully secured its initial £750,000 from more than 750 investors. Founded in 2014, Crowdfunder UK describes itself as the UK’s number one rewards-based crowdfunding platform. The… Read More

November 8, 2017 @ 10:34 am By Samantha Hurst  |  

Personal finance management startup Fisdom announced on Wednesday it secured $4 million during its Series B funding round, which was led by Accion Frontier Inclusion Fund, managed by Quona Capital, with participation from existing investor, Saama Capital. Founded in 2015, Fisdom described itself as an… Read More

November 8, 2017 @ 10:02 am By Samantha Hurst  |  

Fundraising platform for nonprofit organizations, RallyUp, announced on Wednesday the launch of a crowdfunding option for nonprofits. While sharing details about the update, Founder and CEO of RallyUp, Steve Bernat, stated: “We released a free crowdfunding option for a couple of reasons. The crowdfunding market has become… Read More

November 8, 2017 @ 9:23 am By Samantha Hurst  |  

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Tuesday it has appointed former Vice President of Global Financial Services for Tesla, Bill Donnelly, as its new (and first) Chief Financial Officer. According to… Read More

November 7, 2017 @ 3:51 pm By Samantha Hurst  |  

Online lending platform SoFi announced on Tuesday it has launched its Refi and Relax campaign, which the lender explained is on a mission to educate graduates on their refinancing options as a way to relieve the overwhelming stress that comes with carrying student debt. The… Read More