October 3, 2017 @ 3:42 pm By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Tuesday Rob Suber of Prosper Marketplace, Alexandra Wilkis Wilson of Gilt, and Mitch Jacobs of OnDeck, has joined its advisory board. While speaking about Suber, Wilkis Wilson, and Jacobs’ advisory appointments, Milind Mehere, CEO of… Read More

October 3, 2017 @ 3:07 pm By Samantha Hurst  |  

On Tuesday, breast cancer awareness nonprofit Susan G Komen announced the launch of its first crowdfunding campaign, which is dedicated to supporting metastatic breast cancer research. The initiative made its debut in recognition of National Breast Cancer Awareness Month (NBCAM). The organization revealed: “Through this… Read More

October 3, 2017 @ 2:14 pm By Samantha Hurst  |  

California-based global innovation platform Plug and Play announced last week its Winter 2017 Batches. The platform reported that it will run five programs this quarter focused on Health & Wellness, Insurtech, Internet of Things, Mobility, and Travel & Hospitality. According to Plug and Play, the selection process engages… Read More

October 3, 2017 @ 1:53 pm By Samantha Hurst  |  

Finastra announced on Tuesday it recently added several credit unions to its growing client portfolio, based on its ability to provide a complete suite of lending, enterprise, and retail solutions. Among the latest credit unions added to the client roster are TruMark Financial Credit Union located… Read More

October 3, 2017 @ 1:15 pm By Samantha Hurst  |  

Cloud software company Vlocity, Inc. announced on Tuesday the launch of its new consumer-friendly mobile application, Vella. According to the company, Vella enables insurance carriers to offer a personalized and modern way for their customers to handle their insurance needs.  While sharing more details about the… Read More

October 3, 2017 @ 11:47 am By Samantha Hurst  |  

Elevate Credit, Inc., a tech-enabled provider of online credit solutions for non-prime consumers, announced on Tuesday its customers have saved more than $2 billion, versus what they would have paid for payday loans. The company reports that $613 million of these cumulative savings were incurred… Read More

October 3, 2017 @ 9:27 am By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Seedrs next week, Netherlands-based scooter company, Bolt Mobility, has raised more than €2.3 million from over 2,000 investors. The company launched the initiative earlier this summer, seeking €1.5 million for its new scooter, AppScooter. As previously reported, the AppScooter is… Read More

October 3, 2017 @ 9:17 am By Samantha Hurst  |  

Oracle announced on Monday the launch of its new digital innovation platform for open banking. According to the company, the platform enables the development and deployment of fintech capabilities on a single platform in the public cloud. Sanjay Mathew, Senior Director of Oracle’s Industry Solution Group, shared details… Read More

October 3, 2017 @ 8:59 am By Samantha Hurst  |  

Blackbaud, Inc. (NASDAQ: BLKB), a cloud software company powering social good, announced on Tuesday it has completed its acquisition of U.K.-based crowdfunding platform, JustGiving. The acquisition, which was announced earlier this summer, will notably enhance Blackbaud’s capabilities to serve both individual donors and nonprofits, expanding… Read More

October 3, 2017 @ 8:44 am By Samantha Hurst  |  

Less than 24 hours after Clark County Commission Chair, Steve Sisolak, launched the Las Vegas Victims’ Fund on GoFundMe, the initiative has raised nearly $3 million from more than 43,000 donors. As previously reported, the shooting took place on Sunday evening during the Route 91… Read More

October 2, 2017 @ 10:07 pm By Samantha Hurst  |  

Last week, Administrator Linda McMahon, head of the U.S. Small Business Administration, announced the launch of Lender Match, the SBA’s online referral tool connecting small business borrowers with participating SBA lenders.  Lender Match is an upgrade to LINC (Leveraging Information and Networks to access Capital), which was… Read More

October 2, 2017 @ 3:51 pm By Samantha Hurst  |  

Following the mass shooting that left nearly 60 dead and hundreds of people wounded during the Route 91 Harvest Festival in Las Vegas, Clark County Commission chair, Steve Sisolak, launched a crowdfunding campaign on GoFundMe to raise $2 million for the victims. According to various… Read More

October 2, 2017 @ 1:20 pm By Samantha Hurst  |  

First Data (NYSE: FDC) and Live Oak Bancshares, Inc. (NASDAQ: LOB) announced on Monday they have closed the digital banking joint venture deal that was announced earlier this year. The new company, named Apiture, will combine First Data’s and Live Oak Bank’s digital banking platforms, products, and… Read More

October 2, 2017 @ 12:38 pm By Samantha Hurst  |  

On Monday, privately held mortgage-banking firm CMG Financial announced the launch of its new crowdfunding platform mortgage payments, HomeFundMe. The company claims HomeFundMe is the first industry approved crowdfunding service providing homebuyers the support, education, and platform they need to crowdfund a mortgage down payment. CMG Financial… Read More

October 2, 2017 @ 11:30 am By Samantha Hurst  |  

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced on Monday Australia-based digital banking platform Change Financial Ltd. (ASX: CCA) has qualified to trade on the OTCQX Best Market. Change Financial upgraded to OTCQX from OTC’s Pink market. Jason… Read More

October 2, 2017 @ 11:20 am By Samantha Hurst  |  

Startup consulting firm Quesnay announced on Monday the launch of its inaugural Female Founders in Tech competition, which aims to address the gap in female leaders by recognizing and supporting female-founded startups that impact the financial services and/or insurance technology industries. Jennifer Byrne, president of Quesnay,… Read More

October 2, 2017 @ 11:07 am By Samantha Hurst  |  

Tinubu Square, a France-based provider of trade credit risk management solutions, announced on Monday it has secured a €53million investment from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies. With this investment, U.S.-based investment firm Long Arc Capital takes a majority stake… Read More

October 2, 2017 @ 10:17 am By Samantha Hurst  |  

Dash, the top digital currency for payments, announced on Monday it will soon be integrated into crypto-banking platform, Wirex, allowing customers to pay with Dash online and in-store at over 40 million merchants accepting VISA worldwide. According to Dash, the integration means Wirex plastic and virtual… Read More

October 2, 2017 @ 9:57 am By Samantha Hurst  |  

On Monday, WePay and SignUpGenius announced they have formed a partnership in order to provide a new process of accepting payments. According to SignUpGenius, organizers using its site can now collect payments from event participants for everything from ticket sales and event registrations to capital… Read More

September 30, 2017 @ 12:00 pm By Samantha Hurst  |  

Earlier this week, an online marketplace for the global brewing industry BrewBroker launched an equity crowdfunding campaign on Crowdcube seeking £380,000 as it prepares to expand its platform. Founded in 2016, BrewBroker states it is aiming to become the biggest brewer in the world, all… Read More