October 30, 2017 @ 2:37 pm By Samantha Hurst  |  

CommunterClub has returned to the UK-based equity crowdfunding platform Seedrs just after it raised £2.3 million in venture capital funding. The company launched its first crowdfunding round in 2015, which during that time had only £25 million pre-money valuation. Its pre-valuation is now up to £11,546,623 and… Read More

October 30, 2017 @ 11:59 am By Samantha Hurst  |  

Last week, academia collaborated project Open Source University announced the launch of its global social innovation platform, which enables decentralized academic a professional development globally. According to its creators, Open Source University is aiming to introduce an industry-standard digital wallet to store higher and continuous education certifications,… Read More

October 30, 2017 @ 11:09 am By Samantha Hurst  |  

On Friday, online lender Zopa announced it was shutting down its Zopa Access and Zopa Classic on December 1st. The company announced that it was retiring the products earlier this year.   “On 1st December, we’re retiring Zopa Access and Zopa Classic – that’s just over… Read More

October 30, 2017 @ 10:56 am By Samantha Hurst  |  

Pundi X, a blockchain startup that aims to make cryptocurrencies an enabler of ubiquitous cashless payment environments across South East Asia, has successfully closed its pre-sale ICO with a total of 3,148 ETH, 613 BTC and 250,040 XEM, an equivalent to 14,000 ETH or $4 million, secured… Read More

October 30, 2017 @ 9:25 am By Samantha Hurst  |  

Marketplace lender SocietyOne announced on Monday it is set to provide positive consumer credit information to credit bureaus as part of the move to establish a fully-fledged comprehensive credit reporting (CCR) regime in the country of Australia. The online lender stated it will start sending… Read More

October 28, 2017 @ 11:04 pm By Samantha Hurst  |  

Rightangled, a UK-based CQC registered healthcare provider for genetic testing, has successfully secured its initial 100,000 equity crowdfunding target less than a week after launching on Crowdcube. The company stated that its first product, “Heart DNA Test,” is a cardiac genetic test for hereditary conditions, drug… Read More

October 28, 2017 @ 10:00 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Seedrs, UK-based insurtech Wrisk has successfully secured its initial £500,000 funding target from more than 300 investors. As previously reported, Wrisk wants to shake up the antiquated insurance industry with their smartphone app that makes purchasing insurance and filing… Read More

October 28, 2017 @ 7:54 am By Samantha Hurst  |  

Insurdata, London-based insurtech firm that intelligently captures, enhances, scores and transfers high-resolution, peril-specific exposure and risk data, announced this week it has raised more than $1 million in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play. Insurdata stated it… Read More

October 27, 2017 @ 4:12 pm By Samantha Hurst  |  

On Thursday, reward-based crowdfunding platform Crowdfunder UK announced it has welcomed its 700,000th community member. This news comes just after the funding platform’s new equity campaign on Crowdcube surpassed £550,000 in funding. It was revealed: “Last week we welcomed our 700,000’th member to our rapidly growing… Read More

October 27, 2017 @ 3:20 pm By Samantha Hurst  |  

ING announced this week it has started to offer online lending to small and medium enterprises (SMEs) in France and Italy. According to ING, this proposition fits its strategy to grow its lending business to SMEs and creating a differentiating customer experience. The offering has… Read More

October 27, 2017 @ 2:07 pm By Samantha Hurst  |  

LendingClub announced this week it has rebranded asset management business, LC Advisors, to LendingClub Asset Management (LCAM), which is described as a firm that aims to deliver efficient access to the consumer credit asset class for institutional and high-net-worth investors. The online lender stated the rebranding… Read More

October 27, 2017 @ 1:44 pm By Samantha Hurst  |  

Chinese fintech and Alibaba-affiliated Ant Financial revealed this week it is putting its Initial Public Offering (IPO) plans on hold and is now focused on investing in more startups and artificial intelligence (AI). The news of Ant Financial’s plans comes less than a year after… Read More

October 27, 2017 @ 12:58 pm By Samantha Hurst  |  

Natixis, a French corporate and investment bank, has acquired 50.04% stake in Dalenys, a fintech company that offers Payment Marketing solutions that aim to increase revenues for online and point-of-sale merchants. The companies revealed that an agreement relating to this sale was announced earlier this summer and… Read More

October 27, 2017 @ 12:40 pm By Samantha Hurst  |  

N26, a digital-only challenger bank based in Germany, announced this week that it is planning to launch in the U.S. this upcoming year. The news comes less than two months after the company installed Mambu’s software to power its online banking service. According to TechCrunch, N26’s Co-Founder and… Read More

October 27, 2017 @ 12:20 pm By Samantha Hurst  |  

AllBright is making plans to a private member’s club exclusively for female founders in London. The club’s debut comes less than a year after AllBright’s crowdfunding platform was launched.  According to WeAreTheCity, AllBright’s new club will be based in a five-story Georgian Townhouse in Bloomsbury. All club… Read More

October 27, 2017 @ 11:01 am By Samantha Hurst  |  

UK-based fintech startup Zazu has successfully secured its initial £150,000 funding target during its crowdfunding campaign on Seedrs. The initiative was launched earlier this month, seeking the funds for the company’s new digital-only bank in Africa. As previously reported, Zazu, which was founded in 2015, was launched through… Read More

October 27, 2017 @ 8:39 am By Samantha Hurst  |  

Just a little over a year after securing nearly £200,000 through its first Crowdcube campaign, online property platform Movem has returned to the equity crowdfunding platform and even secured its initial £300,000 funding target in a matter of days thanks to more than 175 investors. As previously… Read More

October 26, 2017 @ 3:32 pm By Samantha Hurst  |  

Less than a month after announcing its partnership with Xero, London fintech startup Curve introduced its cardholders to the online accounting software services through its iOS and Android apps. As previously reported, the companies are looking to remove much of the friction involved in account filing… Read More

October 26, 2017 @ 2:08 pm By Samantha Hurst  |  

With its Crowdcube campaign currently closing in on its nearly £2.2 funding target, Shaw Academy, an online education provider that teaches a variety of subjects live through a software platform, has decided to extend the funding round.  As previously reported, Shaw Academy’s key mission is to change billion so… Read More

October 26, 2017 @ 1:59 pm By Samantha Hurst  |  

Singapore-based blockchain credit bureau MicroMoney announced on Thursday it has formed a partnership with Celsius Network, a decentralized credit lending platform. The new tandem is hoping to expand the reach of cryptocurrency loans to customers worldwide. According to MicroMoney, since both firms’ platforms use the… Read More