March 28, 2017 @ 7:19 am By Samantha Hurst  |  

Peer-to-peer real estate lending marketplace, Relendex, announced on Tuesday it received full authorization from the from the Financial Conduct Authority (FCA). The online lender confirmed that this new milestone would allow it to launch its new Innovative Finance ISA giving retail investors unparalleled tax efficient lending… Read More

March 27, 2017 @ 9:27 pm By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, has expanded coverage to the Republic of Korea with its GlobalGateway platform. GlobalGateway was created to help businesses comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) rules and has evolved to support a diverse range of identity… Read More

March 27, 2017 @ 4:41 pm By Samantha Hurst  |  

BlueJay Music, a London-based music streaming service, has recently launched an equity crowdfunding campaign on Invesdor. The company is currently seeking a minimum of £150,000 (max £300,000) as it prepares for expansion. The company claimed it adds a new dimension to online music. Users just simply… Read More

March 27, 2017 @ 3:59 pm By Samantha Hurst  |  

Fintech payment accelerator and solutions provider, SmartCard Marketing Systems Inc., announced on Friday it expanded its fintech accelerator offering for independent software vendors to prepare for biometrics, blockchain, and AI interoperability. SmartCard Marketing Systems stated its strategy is built on compounded years of experience and success… Read More

March 27, 2017 @ 3:02 pm By Samantha Hurst  |  

CreditEase Wealth Management announces on Monday its Offshore Private Credit Fund (OPCF) has invested a total of $30 million in two transactions with OnDeck and LendingHome. This announcement comes just one year after the fund made its first investment in Avant and Prosper. According to… Read More

March 27, 2017 @ 2:04 pm By Samantha Hurst  |  

German-based SME lending platform Bitbond and African payment services provider BitPesa announced on Monday they have formed a new partnership to improve access to African SMEs financing.  Bitbond stated that by working with BitPesa, borrowers who receive funding on its lending platform can now have their loan… Read More

March 27, 2017 @ 12:30 pm By Samantha Hurst  |  

European fintech company, Creamfinance LLC, announced on Monday it received a €21 million investment from South Africa’s Capitec Bank during its Series B funding round. The new round of funding comes just after the company secured €5 million during its Series A round from international venture capital… Read More

March 27, 2017 @ 12:06 pm By Samantha Hurst  |  

WorldRemit, announced on Monday it is launching its online money transfer services in Japan. This news comes less than a week after the company announced its launch in Hawaii and customers in Japan will now be able to send money to family and friends worldwide, using… Read More

March 27, 2017 @ 10:44 am By Samantha Hurst  |  

On Monday, equity crowdfunding platform Seedrs announced it was introducing digital tax certificates and the new tax documents page to investors. According to the funding portal: “After a Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS) qualifying business raises investment on the platform our… Read More

March 27, 2017 @ 9:57 am By Samantha Hurst  |  

Online investment platform SyndicateRoom announced on Monday it is set to support the IPO of Downing Strategic Micro-Cap Trust PLC (DSM) on the main market of the London Stock Exchange, which opens for investment today. SyndicateRoom has been appointed as a retail distribution agent for… Read More

March 27, 2017 @ 9:00 am By Samantha Hurst  |  

ID Finance, a data science and digital finance company, announced on Monday it has officially joined peer-to-peer lender Mintos and has already begun placing personal unsecured loans issued in Spain under its MoneyMan brand on the lending platform’s marketplace.  ID Finance shared it is joining Mintos just after… Read More

March 25, 2017 @ 12:29 pm By Samantha Hurst  |  

Independent wine merchant and wine bar concept, Humble Grape, has successfully secured more than £850,000 out of its £1 million funding target through its new equity crowdfunding campaign on Seedrs. The funds will be used for the company’s expansion.  As previously reported, back in 2014,… Read More

March 25, 2017 @ 11:36 am By Samantha Hurst  |  

Online lending platform OnDeck (NYSE: ONDK) announced earlier this week it has officially amended its asset-backed revolving credit facility with Deutsche Bank to extend the facility’s maturity date to March 2019 and also increase the facility’s borrowing capacity by approximately $52 million to a total of approximately… Read More

March 25, 2017 @ 10:49 am By Samantha Hurst  |  

With less than 24 hours until its first equity crowdfunding campaign on Crowdcube comes to an end, UK-based home security company Cocoon is nearing £2.4 million in funding from close to 1,100 investors. The company launched the initiative last month, seeking £2 million. This isn’t the first… Read More

March 24, 2017 @ 5:37 pm By Samantha Hurst  |  

  UK-based fashion brand, ME+EM, is set to close its equity crowdfunding campaign on Crowdcube this evening. The company launched the initiative last month, seeking £700,000. It will be finishing the round with nearly £1.4 million. ME+EM was founded by Clare Hornby in 2009, and… Read More

March 24, 2017 @ 5:20 pm By Samantha Hurst  |  

Online lending crowdfunding portal Funding Wonder announced on Thursday the launch of its first loan offering which is dedicated for Annapolis, Maryland Dental Fix Rx franchisee, Ryan Clark. This news comes just a few months after the platform was approved by the Financial Industry Regulatory… Read More

March 24, 2017 @ 4:24 pm By Samantha Hurst  |  

Digital money transfer service, WorldRemit, announced on Friday it has partnered with East and Central Africa bank, KCB, to create a new instant option to send remittance to Kenya. According to the company, the partnership aims to support the growing demand for instant, digital remittances among… Read More

March 24, 2017 @ 3:42 pm By Samantha Hurst  |  

Online consumer lending platforms and services, Marlette Funding, announced on Friday it completed its second proprietary “MFT” securitization. The lender reported that approximately $333 million of Best Egg collateral was financed through the transaction. According to Marlette Funding, the transaction was significantly oversubscribed and successfully… Read More

March 24, 2017 @ 11:37 am By Samantha Hurst  |  

With less than two weeks until its reward-based crowdfunding campaign on Kickstarter comes to an end, CoolMiniOrNot’s Rising Sun board game has successfully secured $3 million from more than 23,000 backers. This is the 26th crowdfunding initiative CoolMiniOrNot has launched. The board game’s story reads:… Read More

March 24, 2017 @ 11:14 am By Samantha Hurst  |  

Squirrel, a personal finance app designed to help users have more control over their money, has successfully completed its SyndicateRoom funding round with £585,000 in funds. The company launched the initiative in January seeking  £400,000. As previously reported, Squirrel is an FCA-authorised business that issues… Read More