August 22, 2017 @ 2:29 pm By Samantha Hurst  |  

The Hive Project announced on Tuesday it has secured $8.95 million (BTC 2,087) from 2,234 participants through its ICO to build its own blockchain-based invoice finance platform. As previously reported, the company boasts itself as the first cryptocurrency invoice financing platform. It notably provides new financial liquidity… Read More

August 22, 2017 @ 2:01 pm By Samantha Hurst  |  

UK based aggregator of alternative investments OFF3R announced on Tuesday the launch of its new Self Invested Personal Pensions (SIPPs) channel, which will feature pension products from some of the leading providers in the market. The company described A SIPP as a tax wrapper that holds your chosen investments… Read More

August 22, 2017 @ 11:12 am By Samantha Hurst  |  

Silicon Valley-based Knightscope has reportedly secured $10 million through its “mini-IPO” Reg A+ equity crowdfunding campaign on SeedInvest. The initiative was launched earlier this year and is seeking $20 million as part of its Series M efforts. It has now been dubbed the most successful campaign… Read More

August 22, 2017 @ 10:14 am By Samantha Hurst  |  

UAE-based fintech startup NOW Money announced on Tuesday it secured an investment of $700,000 from venture capital investors Accion Venture Lab and Newid Capital. NOW Money claims to be the first fintech in the Gulf region to use mobile banking technology to provide accounts, financial inclusion and a range of… Read More

August 22, 2017 @ 9:17 am By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Seedrs soon, Homeit, a Portugal-based short-term rental platform, has successfully secured more than €500,000 from nearly 500 investors. The company launched the initiative earlier this summer and quickly raised its initial  €250,000 funding target. As previously reported, the platform offers… Read More

August 22, 2017 @ 9:03 am By Samantha Hurst  |  

Dash, a payments-focused digital currency, announced on Tuesday it will host its first-ever conference, the Dash Conference, set for September 24th at the Oval Space in London, UK. According to Dash, the conference will serve as the precursor to the highly anticipated World Blockchain Forum… Read More

August 22, 2017 @ 8:52 am By Samantha Hurst  |  

Finnish medtech company Askel Healthcare Ltd has launched an equity crowdfunding campaign on Invesdor to raise a minimum of €450,000 for its implant for cartilage repair, COPLA Scaffold. Askel Healthcare was founded in March 2017 by the group of scientists behind the invention. The company’s team… Read More

August 22, 2017 @ 8:12 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced its collaboration with London-based venture capital firm Worth Capital to help support, fund and grow its network of entrepreneurs on their journey to disrupt the landscape of their sectors. The funding portal revealed: “Through this relationship, our Crowdcube… Read More

August 21, 2017 @ 4:17 pm By Samantha Hurst  |  

Family-owned and operated distillery Napa Valley Distillery completed its equity crowdfunding round on Indiegogo/MicroVentures’ platform. The company secured its initial $50,000 funding target early on and finished the round with $778,478 from 790 backers. As previously reported, Napa Valley Distillery was founded in 2009 and is… Read More

August 21, 2017 @ 3:35 pm By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Crowdcube later this week, Money Dashboard, a UK-based firm that has created a personal finance management app, has successfully secured its initial £1 million funding target from more than 1300 investors. Money Dashboard’s app notably empowers more than 100,000… Read More

August 21, 2017 @ 3:14 pm By Samantha Hurst  |  

The Dubai International Financial Centre (DIFC) has announced on Monday that its FinTech Hive Accelerator Program has selected the first 11 finalists. The organization stated that the program will feature the 11 finalists and brings together an emerging generation of technology leaders and entrepreneurs to address the… Read More

August 21, 2017 @ 1:07 pm By Samantha Hurst  |  

Australia-based online lender SocietyOne announced on Monday it is celebrating its five-year anniversary of helping customers achieve their lending needs. This celebration comes less than two months after the lending platform surpassed $300 million in total originations. The lender revealed that more than 13,000 customers thanks… Read More

August 21, 2017 @ 12:04 pm By Samantha Hurst  |  

Netherlands-based Bolt Mobility has launched an equity crowdfunding campaign on Seedrs. The startup is currently seeking €1.5 million through the funding round as it prepares to create its first scooter, AppScooter. According to Bolt Mobility, the AppScooter notably accelerates 150% faster and goes up to 400km with our modular… Read More

August 21, 2017 @ 10:57 am By Samantha Hurst  |  

On Monday, UK-based higher education lending platform, Prodigy Finance, announced it secured $240 million for international student funding. According to the online lender, the new investment includes a $40 million Series C equity round, led by international venture capital firm Index Ventures, with Balderton Capital… Read More

August 21, 2017 @ 9:03 am By Samantha Hurst  |  

On Monday, Funding Circle announced it is set to launch a new version of its existing Autobid and Autosell lending tools. Funding Circle will be eliminating the option to manually choose which businesses an investor may lend to and which loan parts to sell will be… Read More

August 21, 2017 @ 8:27 am By Samantha Hurst  |  

Mybit, a Switzerland-based Ethereum blockchain powered, renewable asset investment platform, announced on Monday it secured $2.8 million through its 30-day crowdsale, which ended on August 15th. According to Mybit, the platform connects investors from around the world with businesses and individuals seeking to fund revenue-generating Internet… Read More

August 19, 2017 @ 4:17 pm By Samantha Hurst  |  

On Friday, P2P lending platform RateSetter announced it has withdrawn from the Peer-to-Peer Finance Association (P2PFA). This news comes less than a month after the online lender was hit with a series of significant operational challenges as several large loans have struggled. RateSetter stated; “Following our… Read More

August 19, 2017 @ 2:00 pm By Samantha Hurst  |  

Less than one month after launching its equity offering on crowdfunding portal Seedrs, listnride, a Germany-based bike-sharing community platform, has successfully secured its initial €150,000 funding target. As previously reported, listinride describes itself as a bike sharing platform that connects bikes cycling enthusiasts. Users may book a variety… Read More

August 19, 2017 @ 11:57 am By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Crowdcube at the beginning of September, Enertor, an insole company that is endorsed and worn by Olympian Usain Bolt, has successfully secured more than 91% of its £750,000 funding target. Enertor previously stated that its insole… Read More

August 18, 2017 @ 2:00 pm By Samantha Hurst  |  

Following the Coalition Government’s announcement of its first stage of reforms to strengthen the Anti-Money Laundering and Counter-Terrorism Financing Act, FinTech Australia’s CEO, Danielle Szetho, issued a statement on the situation.  According to a press release issued by the Australian Minister of Justice, the new bill… Read More