October 10, 2017 @ 12:00 pm By Samantha Hurst  |  

Australia-based online lender SocietyOne announced on Tuesday it has secured $350 million in total originations. This news comes less than two months after the lending platform celebrated its fifth birthday. According to SocietyOne, the company topping $350 million as the current loan book also reached $200 million… Read More

October 10, 2017 @ 11:02 am By Samantha Hurst  |  

Payment Rails, a Canada-based API-first payouts platform for businesses, announced on Tuesday it has appointed former President of PayPal, Scott Thompson, as an investor and board advisor. This news comes just after the company completed its seed round and brought total investment funding to $1.1… Read More

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

Real estate marketplace lender Money360 announced on Monday it completed more than $100 million in loans during the third quarter of 2017. The platform revealed that the amount brings its total loan closings to over $450 million, with a target of $600 million in transactions… Read More

October 10, 2017 @ 9:01 am By Samantha Hurst  |  

On Tuesday, education platform CFTE announced it is launching a new online fintech foundation course called Around Fintech in 8 House. According to the platform, the course has been notably designed to give professionals that are working in the finance industry a solid understanding of… Read More

October 10, 2017 @ 8:40 am By Samantha Hurst  |  

Christchurch based urban farm Cultivate Christchurch is looking to raise up to $200,000 on crowdfunding platform PledgeMe to expand their composting service by issuing Broccoli Bonds to its crowd of investors. The company, which was launched in 2015 by landscape ecologist Bailey Peryman and youth… Read More

October 9, 2017 @ 4:14 pm By Samantha Hurst  |  

Lending app MicroMoney has launched an ICO round on KICKICO. As previously reported, MicroMoney describes itself as a company that is focused on micro-financing in the online money lending industry and states that it aims to provide the “best professional” solutions to consumers’ financial needs across Asia… Read More

October 9, 2017 @ 3:08 pm By Samantha Hurst  |  

UK-based startup beverage company, NFSG, has successfully secured its initial £150,000 funding target on Crowdcube for its up-and-coming natural energy drink, Overhang. The company achieved the funds with nearly one week until the funding round closed. As previously reported, Overhang is described as a natural pick-me-up drink which… Read More

October 9, 2017 @ 2:31 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced last week it has financed several commercial properties in Texas. The funding portal revealed that a total of $10.1 million was raised for Sheraton DFW Airport Hotel and Texarkana Multifamily Portfolio. RealtyShares reported that it secured $2.4 million equity investment… Read More

October 9, 2017 @ 1:22 pm By Samantha Hurst  |  

Citi Ventures announced on Monday it welcomed 60 university students from Hong Kong to its San Francisco office in September as part of its week-long fintech-focused entrepreneurship bootcamp at Stanford Graduate School of Business under the Cyberport University Partnership Program (CUPP). The students reportedly visited Citi… Read More

October 9, 2017 @ 12:31 pm By Samantha Hurst  |  

LendIt, one of the world’s largest fintech event companies, announced its upcoming event called the BlockFin Summit, which is described as a blockchain conference for the Financial Services sector with coverage of the Blockchain, Cryptocurrencies, and Tokens. While sharing details about the event, Jason Jones, Co-Founder… Read More

October 9, 2017 @ 11:18 am By Samantha Hurst  |  

Peer-to-peer business lending platform ArchOver announced on Monday it has nearly doubled its overall lending in the first nine months of 2017. The company reported that since 2017 its total lending has reached £21.39 million, bringing its cumulative total that has been lent to date… Read More

October 9, 2017 @ 11:06 am By Samantha Hurst  |  

Linked Finance, Ireland-based peer-to-peer lending company, announced on Monday the launch of its new type of pension account. The account allows holders of self-managed pensions to make P2P lending to Irish SMEs part of their pension investment portfolio. According to Linked Finance, the accounts have… Read More

October 9, 2017 @ 10:24 am By Samantha Hurst  |  

Crowdvouching platform Suretly announced on Monday it has launched the beta version of its app and will start projects with several microfinance companies from CIS regions. This news comes less than two months after the platform secured $2.9 million in ICO. As previously reported, Suretly’s exchange… Read More

October 9, 2017 @ 10:10 am By Samantha Hurst  |  

Argentina-based peer-to-peer (P2P) lending platform Afluenta recently announced during its fifth-anniversary celebration it was launching commercial loans to the fifth version of its lending platform. According to the lender, in the latest version, it will add its own proprietary credit scoring and introduces commercial loans for people with commercial activities,… Read More

October 9, 2017 @ 9:51 am By Samantha Hurst  |  

Intelligence Fusions, a software-as-a-service business, has launched an equity crowdfunding campaign on Crowdcube. This news comes just after the company secured £166,400 through its funding round on GrowthFunders, with reportedly £66,400 from the G Ventures Network of Professional investors and £100,000 from the Finance Durham Fund. Backed… Read More

October 7, 2017 @ 10:03 pm By Samantha Hurst  |  

Just two weeks after making the decision to extend its equity crowdfunding round on Invesdor, Stockholm-based fintech startup Sharpfin is set to complete the funding initiative with more than 2.3 million SEK from nearly 60 investors. Sharpfin previously revealed that it sees a finance industry… Read More

October 7, 2017 @ 3:17 pm By Samantha Hurst  |  

Earlier this week Accenture announced it has formed a partnership With Duck Creek Technologies to launch a blockchain proof-of-concept for medical bill auditing. While sharing details about the collaboration, Cindy DeArmond, managing director and P&C Core Platforms Lead for Accenture in North America, stated: “These new… Read More

October 7, 2017 @ 2:46 pm By Samantha Hurst  |  

With it new equity crowdfunding campaign nearing £2 million in funding on Crowdcube, Mindful Chef announced it is set to close the round once the £2 million is reached. As previously reported, Mindful Chef, which raised £1 million through its equity crowdfunding campaign on Seedrs last… Read More

October 6, 2017 @ 9:14 pm By Samantha Hurst  |  

Earlier this week, UK-based peer-to-peer lending platform Landbay announced its September saw a total of £6.31 million lent across 31 mortgages and it announced five new hires.  According to Financial Report, last month’s lending levels were higher than the previous two months combined.  Among the new… Read More

October 6, 2017 @ 2:40 pm By Samantha Hurst  |  

On Thursday, peer-to-peer lending platform RateSetter announced it is celebrating its seventh anniversary this weekend. This celebration comes two months after the platform announced its lenders have now delivered more than £2 billion in loans to people and businesses across the UK and in doing so… Read More