July 27, 2017 @ 8:00 am By Samantha Hurst  |  

Lendio announced on Thursday it surpassed $500 million in business loans to over 21,000 small businesses across the U.S. through its marketplace lending platform.The growth milestone comes after a 141 percent increase in loans originated through the lender in the last fiscal year. The marketplace… Read More

July 26, 2017 @ 2:42 pm By Samantha Hurst  |  

Kickstarter announced on Tuesday over 100,000 independent creators have funded their projects through its reward-based crowdfunding platform. The funding portal revealed: “Those creators come from every corner of the creative universe. They are documentary filmmakers, tabletop game developers, fashion designers, and open-source hardware tinkerers. They come… Read More

July 26, 2017 @ 1:00 pm By Samantha Hurst  |  

Crowdfunding platform YouCaring announced on Wednesday it has formed a partnership with Major League Baseball (MLB) to bring crowdfunding to the Big Leagues. According to the funding portal, through the partnership, MLB, its Clubs, and its players will have the ability to set up crowdfunding… Read More

July 26, 2017 @ 11:29 am By Samantha Hurst  |  

P2P lending platform Faircent announced the launch of its new auto investment feature, which according to Economic Times, will eliminate the need for lenders to browse through borrower profiles by automating the process. While sharing details about the new feature, Chief Technology and Product Officer… Read More

July 26, 2017 @ 9:50 am By Samantha Hurst  |  

Irish peer-to-peer lending platform Linked Finance has successfully secured more than €1 million for Waterford-based businesses. According to the Muster Express, over 30 businesses in Waterford have raised funds through the lending platform to facilitate their business growth. Mark Bergin, Founder, Coffee House Lane and who has sought… Read More

July 26, 2017 @ 9:39 am By Samantha Hurst  |  

Paul Tyrell and Ryan Caplan, attorneys of San Diego law firm Procopio, announced they are seeking an injunction in order to save the fact-checking website, Snopes. As previously reported, Snopes explained that it contracted with an outside vendor to provide certain services for its website. Although… Read More

July 26, 2017 @ 9:26 am By Samantha Hurst  |  

Peer-to-peer lender Funding Circle has reportedly joined forces with UK-based Just Eat to provide takeaway restaurants with discounted business loans. Funding Circle will now offer nearly 30,000 restaurants that use Just Eat the discounted loans. The takeaway businesses will now be able to borrow up to £60,000… Read More

July 26, 2017 @ 8:54 am By Samantha Hurst  |  

Salamanca Group, a London-based Merchant Bank, announced on Wednesday it recently completed a Series A funding round for peer-to-peer lending platform, Proplend. The company states it facilitated the fundraising through its proprietary network and has also acquired a stake in the online lender. Founded in… Read More

July 25, 2017 @ 5:06 pm By Samantha Hurst  |  

Tabb Group, an international research and consulting firm that’s focused exclusively on capital markets, announced on Monday it will be hosting the 2017 Tabb Group Fintech Festival on November 2nd at the New York Hilton Hotel. While sharing details about the upcoming event, Anthony Perrotta,… Read More

July 25, 2017 @ 4:00 pm By Samantha Hurst  |  

With its Crowdcube campaign set to close later this evening, sports retailing brand WIT Fitness has secured more than £1.25 million from over 400 investors. The initiative was launched earlier this month and raised its initial £840,000 funding target within a matter of days. As previously… Read More

July 25, 2017 @ 2:10 pm By Samantha Hurst  |  

On Tuesday, the British Insurance Brokers’ Association (BIBA) announced it has teamed up with Insure Apps to launch a new insurtech app, called Claims Made Easy, that may reduce the average claims reporting of 23 days by up to 90%. According to BIBA, the app significantly… Read More

July 25, 2017 @ 1:02 pm By Samantha Hurst  |  

Snopes.com, a website that describes itself as the definitive Internet reference source for urban legends, folklore, myths, rumors, and misinformation, launched a crowdfunding campaign on GoFundMe to stop legal woes from causing it to shut down for good. Launched in 1994 by founder David Mikkelson,… Read More

July 25, 2017 @ 12:00 pm By Samantha Hurst  |  

Fresh-Range, a UK-based food tech company that is seeking to redefine food fulfillment, has successfully secured its initial £300,000 funding target from more than 75 investors through equity crowdfunding platform, Seedrs. As previously reported, Fresh-Range was co-founded in 2014 by brothers Rich Osborn and Steve Osborn along with… Read More

July 25, 2017 @ 11:12 am By Samantha Hurst  |  

Online beer retailer, BeerBod, has returned to equity crowdfunding platform Crowdcube just three years after securing £151,490 from 101 investors. The company is currently seeking £250,000 as it prepares to expand its online retailing platform. In the last two years, the company has launched a range of… Read More

July 25, 2017 @ 10:29 am By Samantha Hurst  |  

Credit score firm Aire recently secured $5 million during its Series A funding round led by Sunstone Capital with participation from White Star Capital. The company states it gives people a new credit to help them qualify for essential financial products. It is authorized and… Read More

July 25, 2017 @ 9:09 am By Samantha Hurst  |  

nHouse,  a new modular housing brand designed by architect Richard Hywel Evans, has launched an equity crowdfunding campaign on Crowdcube, seeking £495,000 to finish its prototype and secure its global intellectual property rights. According to the company, the ‘n’ in its name stands for new, is an… Read More

July 24, 2017 @ 4:44 pm By Samantha Hurst  |  

Global innovation platform Plug and Play announced last week it achieved its latest milestone by signing its 50th participant only a year after its launch. According to the platform, Arch Insurance Group Inc was named the 50th participant shortly after its 45th partner joined the program in May. Plug and… Read More

July 24, 2017 @ 4:03 pm By Samantha Hurst  |  

Michael Tannenbaum, the chief revenue officer of online lending platform SoFi, has reportedly stepped down from his position. According to TechCrunch, Tannenbaum has been at SoFi since 2014, when he started off as vice president of finance before moving on to become the lending platform’s chief revenue… Read More

July 24, 2017 @ 2:15 pm By Samantha Hurst  |  

Synechron, global financial services consulting and technology services provider, announced the opening of its New York City office and fintech lab, also known as Financial Innovation Labs (FinLabs). According to Synechron, FinLabs act as an innovation showcase to enable businesses to touch, feel and experience first-hand the latest… Read More

July 24, 2017 @ 1:26 pm By Samantha Hurst  |  

Fresh-Range, a UK-based food tech company that is seeking to redefine food fulfillment, has launched an equity crowdfunding campaign on Seedrs, seeking £300,000 for expansion. The company, which was co-founded in 2014 by brothers Rich Osborn and Steve Osborn along with friend Lee Butler, is looking… Read More