September 15, 2017 @ 11:02 am By Samantha Hurst  |  

The Detroit Fintech Association, an organization created within financial media company Benzinga, announced on Thursday it is now planning to make Detroit as a hub for fintech innovation and to grow the existing culture of technology-driven financial services through a campaign raising awareness of the incredible financial technology hub that… Read More

September 15, 2017 @ 7:34 am By Samantha Hurst  |  

Blockchain platform Humaniq announced earlier this week the next phase in its expansion as it launches the Ghana Use Case. The company’s key goal is to bring onboard two thousand users. According to Humaniq, the Ghana launch news comes as phase 1 of a pilot… Read More

September 14, 2017 @ 9:44 pm By Samantha Hurst  |  

In an effort to help those who were in the path of Hurricane Irma’s devastating destruction last week, retired NBA player Tim Duncan has launched a crowdfunding campaign on YouCaring to raise $5 million. Speaking about the cause, Duncan stated: “I know not everyone can give,… Read More

September 14, 2017 @ 9:27 pm By Samantha Hurst  |  

AI platform for data science and machine learning CrowdFlower announced on Thursday the first round winners of the “AI For Everyone” Challenge. The winning proposal, which receives $1 million, are computer vision projects that will label millions of images to build the largest collection of… Read More

September 14, 2017 @ 4:30 pm By Samantha Hurst  |  

Fresh-range, the Bristol-based online ethical food retailer, is launching a further equity investment opportunity, in its bid to gain a £400 million share of a £87 billion food market. 
The company revealed that following a successful crowdfunding campaign over the summer, the company raised its… Read More

September 14, 2017 @ 2:30 pm By Samantha Hurst  |  

On Thursday, AlliedCrowds released the second edition of its Developing World Alternative Finance report. In the latest report, AlliedCrowds examine impact investing in Africa and looked closer at Somalia’s impact landscape. “Development finance is moving from grants and donations to loans and investments, and impact investing is… Read More

September 14, 2017 @ 12:12 pm By Samantha Hurst  |  

SmartBiz Loans, an SBA loan marketplace and bank-enabling technology platform, announced on Thursday it has topped $500 million in loans funded. The platform reported that this milestone comes on the back of its other recent successes, which includes the addition of a fifth bank to… Read More

September 14, 2017 @ 11:30 am By Samantha Hurst  |  

Less a month after failing to secure its $500,000 funding target on crowdfunding platform for games Fig, Sirlin Games announced Fantasy Strike begins round one with its release on Steam Early Access for Windows and Mac later today. The game’s description reads: “Fantasy Strike focuses on the fundamentals… Read More

September 14, 2017 @ 11:18 am By Samantha Hurst  |  

Apttus, a Silicon Valley unicorn that provides the first and only platform to combine end-to-end Quote-to-Cash business process automation with behavior applications and artificial intelligence to enable customers to maximize revenue, announced this week it has raised a $55 Million Series E funding round, which… Read More

September 14, 2017 @ 10:00 am By Samantha Hurst  |  

Lendio announced on Thursday it has formed a partnership with Ocrolus, the emerging company in bank statement review automation. According to Lendio, the PerfectAudit API, powered by Ocrolus, analyzes uploaded bank statements with 99+% accuracy, replacing manual review with automation. Ocrolus’ technology notably allows lenders, for… Read More

September 14, 2017 @ 9:42 am By Samantha Hurst  |  

One Spark announced on Wednesday it has extended its creator application deadline once again after the devastating Hurricane Irma ripped through Florida and the Carribean last week. The Creator application deadline until midnight, September 16th. Innovators and entrepreneurs may apply for the 2017 Innovation Festival… Read More

September 14, 2017 @ 9:15 am By Samantha Hurst  |  

Peer-to-peer lending platform JustUs announced this week it has received full authorization by the Financial Conduct Authority (FCA). The online lender revealed that the full authorization is a pre-requisite to offer the JustUs Innovative Finance ISA (IFISA) and registration forms have been submitted to HMRC… Read More

September 13, 2017 @ 3:09 pm By Samantha Hurst  |  

Earlier this week, German coffee start-up Bonaverde completed its equity crowdfunding round on Seedrs. The company launched the campaign earlier this summer, seeking £750,000 and within the first month it surpassed its funding target and finished the round with more than £1.3 million. As previously reported, Bonaverde raised $681,461 from 2,254 backers on Kickstarter… Read More

September 13, 2017 @ 2:13 pm By Samantha Hurst  |  

Munich-based electric car startup, Sono Motors GmbH, has successfully secured its initial €1 million funding target through its Seedrs initiative from more than 550 investors. The company launched the initiative last month, seeking the funds as it prepares to expand its vehicle line.  As previously reported, the company… Read More

September 13, 2017 @ 1:49 pm By Samantha Hurst  |  

Less than a year and a half after attracting more than $6.6 million during its Testing the Waters (TTW) round on SeedInvest , Keen Home has launched a dual crowdfunding campaign on SeedInvest and Crowdcube. The company has attracted over £2.7 million between the platforms so… Read More

September 13, 2017 @ 12:04 pm By Samantha Hurst  |  

Less than six months after completing its first Seedrs campaign, UK-based electronic steam iron brand, The Funky Iron Company, has returned to the equity crowdfunding platform, seeking an additional £150,000. The company stated: “We are setting out to disrupt the electric steam iron market by creating a… Read More

September 13, 2017 @ 11:53 am By Samantha Hurst  |  

ThinCats announced on Wednesday it has appointed Geoff O’Brien as its new Origination Manager for Scotland services. The lender stated it has identified the need for a dedicated presence in the area and O’Brien will be the key contact for Scotland and will lead all… Read More

September 13, 2017 @ 10:34 am By Samantha Hurst  |  

Global fintech firm InvestCloud Inc announced on Tuesday it has formed a partnership with Back Office Support Service (BOSS) to launch Synergy, a customer experience platform and service. The company reported that the new solution will ingrate its digital platform with BOSS’ data cleansing prowess…. Read More

September 13, 2017 @ 10:13 am By Samantha Hurst  |  

dv01, the data management, reporting, and analytics platform that offers institutional investors transparency and insight into lending markets, announced on Wednesday it raised $5.5M through its Series A round, which was led by OCA Ventures. Ribbit Capital, Illuminate Financial, and CreditEase Fintech Investment Fund, with participation from… Read More

September 13, 2017 @ 9:59 am By Samantha Hurst  |  

San Francisco fintech startup YayPay announced on Wednesday it secured $5.3 million in funding to further its drive to bring automation to the back-office finance operations of mid-sized enterprises. The company’s latest funding round was led by QED Investors along with co-investors Birchmere and Fifth Third Capital, the direct… Read More