January 18, 2017 @ 4:51 pm By Samantha Hurst  |  

Motive Partners, an investment firm focused exclusively on fintech companies, has officially launched and is seeking to invest, operate and innovate across the financial technology ecosystem. The firm, which now has offices in London and New York City, stated it was launched to address the… Read More

January 18, 2017 @ 3:24 pm By Samantha Hurst  |  

Online consumer lending platform, BorrowersFirst, announced on Wednesday it secured an additional $100 million in debt financing to accelerate loan originations, and fund the continuous growth of its balance sheet.  With this new facility, the lender has secured $400 million to support its profitable growth. … Read More

January 18, 2017 @ 3:00 pm By Samantha Hurst  |  

Credit China FinTech Holdings Limited, an integrated fintech service provider in China, was announced as a founding member of the newly developed organization, Global Blockchain Business Council (GBBC). Credit China FinTech is reportedly one of the 25 founding members of the GBBC and is considered the only… Read More

January 18, 2017 @ 2:12 pm By Samantha Hurst  |  

Onfido, a global identity verification company, announced this week it is helping to bring financial services to the 2 billion unbanked individuals worldwide with its Machine Learning-based solution. The company stated it plans to use its proprietary technology to verify people’s identification by comparing an identity document… Read More

January 18, 2017 @ 1:27 pm By Samantha Hurst  |  

Last week, the Amplifier Foundation, teamed up with 2008 President Obama HOPE artwork creator Shepard Fairey, Colombian American muralist Jessica Sabogal, and Los Angeles artist Ernesto Yerena, to launch a Kickstarter campaign for “We the People” artwork, which will be presented at Inauguration Day this… Read More

January 18, 2017 @ 11:50 am By Samantha Hurst  |  

With less than 24 hours until its Crowdcube campaign comes to an end, fundraising platform School Notices has successfully secured nearly £825,000 in funding thanks to 186 investors. The portal launched its initiative last month and was originally seeking £700,000. School Notices was founded in 2014 by… Read More

January 18, 2017 @ 10:51 am By Samantha Hurst  |  

Seed&Spark, the independent film crowdfunding platform, announced on Wednesday the launch of its latest entertainment initiative, #100DaysofDiversity, which is described as a movement that’s joining creators, audiences, brands, festivals, and organizations to actively increase representation in entertainment in 100 days starting January 20th. The crowdfunding platform… Read More

January 18, 2017 @ 8:45 am By Samantha Hurst  |  

Chilean-based fintech startup Destacame announced the closing of its seed round of financing.The round was led by Accion Venture Lab, the seed-stage investment vehicle of Accion. Destacame describes itself as an alternative credit scoring platform that uses alternative data to assess an individual’s creditworthiness. Destacame’s proprietary… Read More

January 18, 2017 @ 8:21 am By Samantha Hurst  |  

Solar loan provider Mosaic announced on Wednesday it has appointed Amir Friedman as Vice President of Bank Partnerships. The lender revealed that in this newly created role, Friedman is set to oversee its whole loan sale program with banks, insurance companies, credit unions, and other financial institutions. Friedman… Read More

January 17, 2017 @ 4:48 pm By Samantha Hurst  |  

BeatStars and Play Impossible are set to close their crowdfunding campaigns through Indiegogo and MicroVentures’ equity crowdfunding platform. The two initiatives were among the first to use the new funding portal, which went live on November 15th. Play Impossible is a new gaming company using powerful,… Read More

January 17, 2017 @ 3:46 pm By Samantha Hurst  |  

Small business lender OnDeck announced on Tuesday it formed a strategic partnership with corporate and small business payment solutions, WEX. OnDeck reports that under the new partnership agreement, WEX customers will gain access to the OnDeck product suite of loans up to $500,000 and lines of… Read More

January 17, 2017 @ 2:59 pm By Samantha Hurst  |  

Chinese peer-to-peer lending platform, Dianrong, announced on Tuesday its 2016 annual results. The company revealed that the cumulative trading amount exceeds RMB 16.2 Billion, which is notably a year-on-year increase of 148%, and growth in loans issued was funded by 3.62 million investors. Dianrong CEO,… Read More

January 17, 2017 @ 2:11 pm By Samantha Hurst  |  

Business commerce platform Tradeshift announced on Monday it is partnering with CNBC to host the second annual leadership event, Sanctuary, during the World Economic Forum Annual Meeting in Davos. Those reportedly attending the event include leaders of Water.org, Planet, NASA, Ogin, Blockchain, General Motors, and… Read More

January 17, 2017 @ 12:00 pm By Samantha Hurst  |  

South by Southwest (SXSW) Conference and Festivals announced on Tuesday the 39 judges for the ninth annual SXSW Accelerator Pitch Event, which will be taking place March 11-12 during the SXSW Startup Village Track at the Hilton Downtown Austin. The 2017 judges include Phil Libin of… Read More

January 17, 2017 @ 11:28 am By Samantha Hurst  |  

Starburst Labs, a maker of web-and-mobile apps for an ecosystem of individual investors, financial advisors, broker-dealers, and financial media brands, has announced it has closed a Series A round of funding totaling $6.25 million.  The company stated it creates, designs, develops, and operates a vertically… Read More

January 17, 2017 @ 10:21 am By Samantha Hurst  |  

On Tuesday, equity crowdfunding platform Crowdcube announced it will continue its support for the startup accelerator, MassChallenge UK. The program notably provides early-stage startups the right resources for growth, create value, and improve the world all for zero equity. According to Crowdcube, MassChallenge UK alumni have collectively… Read More

January 17, 2017 @ 9:31 am By Samantha Hurst  |  

Equity crowdfunding platform Seedrs announced on Tuesday it formed a partnership with marketing data and measurement strategy event, I-COM Global Summit, for the upcoming I-COM Data Startup Challenge. The funding portal revealed the new competition is opened to startups that specialize in marketing data and… Read More

January 16, 2017 @ 5:11 pm By Samantha Hurst  |  

Peer-to-peer lending platform Landbay announced on Monday it was granted ISA Manager Status by HMRC. This news comes less than a month after the lender received full authorization from the FCA for peer to peer lending. The Landbay team stated that status will clear the way for the… Read More

January 16, 2017 @ 4:43 pm By Samantha Hurst  |  

SuperCharger Fintech Accelerator announced the launch of its 2.0 program on January 9th in the newly opened Cyberport FinTech Smart Space. The accelerator welcomed the program’s eight fintech start-ups and scale-up participants, which are Bambu, Clare.ai, Entersoft, FinChat, Foris, KYC Chain, Squirro, and Xnotes Alliance. The companies… Read More

January 16, 2017 @ 2:50 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform, Money360, announced on Monday it provided financing to a commercial property owner to purchase a fully leased retail center in Mobile, Alabama. According to Money360, the $3,865,000 five-year loan is secured by the 1.61-acre, 16,710-square-foot Airport Boulevard Shops shopping center,… Read More