July 6, 2017 @ 2:28 pm By Samantha Hurst  |  

PayFit, a fintech startup based in Paris, secured €14 million through its Series B Funding Round, which saw participation from Otium Capital, Xavier Niel, and Accel Partners. The company, which was founded in 2015, describes itself as an ultra-intuitive SaaS solution that allows users to easily and automatically manage… Read More

July 6, 2017 @ 12:01 pm By Samantha Hurst  |  

Tide Banking, a UK-based fintech startup that specializes in online banking, has successfully secured $14 million during its recent Series A funding round, which was reportedly led by Anthemis, with participation from Passion Capital, LocalGlobe, and Creandum. Founded in 2015 by former RBS/Worldpay head of innovation,… Read More

July 6, 2017 @ 11:42 am By Samantha Hurst  |  

Sports retailer, WIT Fitness, has not only secured its initial £840,000 funding target on Crowdcube, but it has also surpassed over £1.1 million thanks to more than 200 investors. The campaign is seeking to raise funds for the company’s new gym facility located in London. … Read More

July 6, 2017 @ 10:52 am By Samantha Hurst  |  

Primordial Radio, a rock and metal entertainment service that combines the freedom of streaming with the intimacy of a radio, has successfully secured its initial £130,000 funding target on Seedrs, thanks to nearly 775 investors.  As previously reported, the music platform serves the UK rock and… Read More

July 6, 2017 @ 10:12 am By Samantha Hurst  |  

VersaPay Corporation (TSXV: VPY), a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Thursday it has formed a strategic relationship with Royal Bank of Canada (RBC) (TSX: RY). According to VersaPay, as part of… Read More

July 6, 2017 @ 9:50 am By Samantha Hurst  |  

Zenmonics, a fintech provider of omnichannel platforms for the global financial markets, announced on Thursday its partnership and formal sponsorship with Queen City Fintech to enhance the ecosystem of technology talent, products, and partnerships in the Charlotte area. While sharing details about the partnership, Riaz… Read More

July 6, 2017 @ 8:46 am By Samantha Hurst  |  

The recently launched peer-to-peer lending platform, Flender, announced on Thursday it is celebrating the successful funding of its first batch of SME loans. According to the online lender, companies that received their requested funding include one of Europe’s fastest growing lingerie retailers, a café, and… Read More

July 5, 2017 @ 4:18 pm By Samantha Hurst  |  

The Vurger Co., a new vegan burger restaurant, is currently seeking funds through equity crowdfunding platform, Crowdcube, as it prepares to open its new location in London. The company is currently on a mission to revolutionize fast food forever through the power of plants. It was… Read More

July 5, 2017 @ 3:33 pm By Samantha Hurst  |  

Babywatcher, a device that allows soon-to-be parents to see their little one during doctor checkups, has successfully secured its initial €100,000 funding target on equity crowdfunding platform Seedrs, thanks to nearly 60 investors. While sharing details about the device, the Babywatcher team revealed: “When Raymond… Read More

July 5, 2017 @ 2:12 pm By Samantha Hurst  |  

Breega Capital, a France-based venture capital firm, announced this week its new venture fund, Breega Capital Venture 2, which is aimed towards startups in the fintech and insurtech sectors. The fund offers startups €100 million ($113 million). Founded in 2013, Breega describes itself as a… Read More

July 5, 2017 @ 1:41 pm By Samantha Hurst  |  

The Hive Project announced last week the launch of its cryptocurrency-based invoice financing platform. This news comes just days before the company launched its ICO. The company boasts itself as the first cryptocurrency invoice financing platform. It notably provides new financial liquidity to small businesses… Read More

July 5, 2017 @ 12:29 pm By Samantha Hurst  |  

Worldpay Group, a British payment processing firm, announced on Wednesday that Vantiv has offered $10 billion towards the fintech company’s acquisition. The companies revealed in a joint statement: “The Boards of Worldpay and Vantiv see compelling strategic, commercial and financial rationale for combining Worldpay and… Read More

July 5, 2017 @ 11:32 am By Samantha Hurst  |  

On Wednesday, Indiegogo announced it, alongside its partner Arrow, offered $100,000 to calorie tracking device, Smart Plate. According to the global crowdfunding platform, the plate notably identifies any foods that the user eats and analyzes its calories. Speaking about the backstory of Smart Plate, CEO Anthony… Read More

July 5, 2017 @ 11:17 am By Samantha Hurst  |  

Rise London, a European fintech accelerator created by Barclays, is set to host numerous events during the 2017 London Fintech Week, which will take place July 10th-14th. Magdalena Kron, Head of Rise London, revealed on Wednesday: “We’re opening our doors to the community and squeezing nine FinTech… Read More

July 5, 2017 @ 9:50 am By Samantha Hurst  |  

Orca Money, an independent data, research, and analysis provider in the UK P2P lending market, announced on Wednesday the peer-to-peer lending industry has surpassed its £10 billion mark. While sharing details about the new milestone, Orca stated: “Peer-to-peer lending has reached a significant milestone since Zopa launched… Read More

July 4, 2017 @ 12:26 pm By Samantha Hurst  |  

London-based whiskey brand 8O8 is set to close its equity crowdfunding campaign on Seedrs with more than £600,000 thanks to 275 investors. The initiative was launched in May and quickly secured its initial £300,000 in a matter of weeks. 8O8 was founded in 2014 by co-founders,… Read More

July 4, 2017 @ 11:37 am By Samantha Hurst  |  

With its equity crowdfunding campaign set to close next week on Crowdcube, Spanish urban craft distillery, Santamanía, has successfully secured nearly £700,000 from nearly 550 investors. The initiative originally sought to raise £400,000 and quickly surpassed the initial goal within days of its debut. As previously… Read More

July 3, 2017 @ 4:19 pm By Samantha Hurst  |  

Ending June on a great note, Crowdcube announced a total of £27 million was invested on its equity crowdfunding platform between April and June. The funding portal revealed on Twitter the exciting news. BOOM! A whooping £27m invested on @Crowdcube between Apr-Jun with successes including: @VitaMojo… Read More

July 3, 2017 @ 3:51 pm By Samantha Hurst  |  

KPMG, in collaboration with the Monetary Authority of Singapore (MAS), is set to sponsor the 2017 Global FinTech Hackcelerator program as part of the annual Singapore FinTech Festival which will take place from November 13-17th. The organizers of the program revealed: “The Global FinTech Hackcelerator is looking… Read More

July 3, 2017 @ 3:03 pm By Samantha Hurst  |  

Just days before its fourth equity crowdfunding campaign was set to close on Crowdcube, UK-based Powervault announced it was extended the funding round for another 16 days. The Powervault team revealed in a recent update: “Powervault has seen a great deal of interest in its campaign, receiving… Read More