December 9, 2016 @ 4:11 pm By Samantha Hurst  |  

Earlier this week, global crowdfunding platform Indiegogo announced it has recently updated its Terms of Use and added it plans to go after campaign organizers who fail to deliver products to backers. The funding portal revealed: “We often get asked about the feasibility of projects and, while… Read More

December 9, 2016 @ 3:51 pm By Samantha Hurst  |  

Following the FCA publishing an interim report on crowdfunding regulations, the team at peer-to-peer lending platform Zopa revealed their thoughts about the report and its findings. As previously reported, the report took into consideration feedback from the leading UK crowdfunding platforms (including peer to peer lenders),… Read More

December 9, 2016 @ 3:18 pm By Samantha Hurst  |  

Earlier this week, Edgar Maddison Welch of Salisbury, N.C. traveled to Comet Ping Pong in Washington D.C. and fired his rifle after reading fake stories on the internet about the restaurant harboring child sex slaves and using the location for kidnappings. Following the situation, now… Read More

December 9, 2016 @ 2:23 pm By Samantha Hurst  |  

Digital money transfer service WorldRemit announced on Friday it is teaming up with African financial institution Guaranty Trust Bank (GTBank) have launched new money transfer routes to West and Central Africa. With the WorldRemit app or its website, users may now send secure overseas money transfers to any bank account in… Read More

December 9, 2016 @ 12:59 pm By Samantha Hurst  |  

LendingTree announced this week the launch of its new small business grant contest. The online lending platform revealed it is offering support in the form of a $50,000 grant to help one small business continue to grow. The platform stated it is looking for a small… Read More

December 9, 2016 @ 12:38 pm By Samantha Hurst  |  

OnDeck (NYSE: ONDK) announced on Friday the closing of a $200 million asset-backed revolving debt facility with Credit Suisse. The online lender revealed with the announcement it now may obtain funding under the new credit facility with Credit Suisse by accessing $125 million of committed capacity and an additional $75 million of… Read More

December 9, 2016 @ 10:44 am By Samantha Hurst  |  

Canadian fintech startup Symend Inc. announced on Thursday it secured $1 million through its first seed funding round. The company revealed that key investors included founding partners and angel investors. Symend stated it would focus initially on helping utility providers, telecoms, and unsecured credit card suppliers recoup… Read More

December 9, 2016 @ 10:14 am By Samantha Hurst  |  

The Venture Center announced on Thursday, in conjunction with FIS and the Governor of Arkansas’s office, it is now accepting applications for the second portfolio of its globally competitive financial technology accelerator program, VC FinTech Accelerator. According to The Venture Center, the VC FinTech Accelerator… Read More

December 9, 2016 @ 8:43 am By Samantha Hurst  |  

On Thursday, Indiegogo announced it formed a partnership with multi-platform production company, Warrior Poets. The company was founded by American documentary filmmaker, humorist, television producer, screenwriter, and political activist, Morgan Spurlock. The Indiegogo team stated that with this partnership, Warrior Poets would identify, develop, and produce select… Read More

December 9, 2016 @ 8:16 am By Samantha Hurst  |  

Assetz Capital announced on Friday that November 2016 was officially the peer to peer lender’s most successful month ever. The website confirmed it lent £26 million to users, £100 million for 2016.  Commenting on the online lender’s November success, Stuart Law, CEO of Assetz Capital, stated:… Read More

December 8, 2016 @ 4:27 pm By Samantha Hurst  |  

Less than six months after making its debut on Comic-Con HQ, season two of Indiegogo success Con Man premiere on Thursday through the video streaming platform. As previously reported, FireFly stars Nathan Fillion and Alan Tudyk, launched a crowdfunding campaign on Indiegogo in 2015 and… Read More

December 8, 2016 @ 3:57 pm By Samantha Hurst  |  

Australian fintech company Inamo and French embedded security software product provider Oberthur Technologies (OT) announced on Thursday they formed a partnership. OT is set to provide its digital payment enablement technology to Inamo’s wearable solutions, which includes the company’s new product, CURL. Sharing details about… Read More

December 8, 2016 @ 2:54 pm By Samantha Hurst  |  

Marketplace for small businesses Lendio announced on Thursday  the results of its latest survey showing that small business retailers also have a positive outlook about this holiday season. According to Lendio, the survey observed retailers with under 100 employees and 87% of the small businesses… Read More

December 8, 2016 @ 1:40 pm By Samantha Hurst  |  

Canadian international bank Scotiabank and U.S. venture capital firm QED Investors announced on Thursday their partnership and mission to bring capital and industry expertise to select Latin American fintech companies. According to the companies, QED Investors will bring its deep expertise in the financial services sector… Read More

December 8, 2016 @ 1:28 pm By Samantha Hurst  |  

Nurturey, a personal assistant for parents, has officially closed its equity crowdfunding campaign on Seedrs. The company launched the initiative in early October, seeking £128,000 to drive user base expansion and engagement. Within a matter of days, the initiative secured its initial funding goal, and it finished… Read More

December 8, 2016 @ 11:46 am By Samantha Hurst  |  

Financial technology provider FIS (NYSE: FIS) announced on Thursday it was launching a new network specifically for early stage fintech companies. The FIS HiPo (short for “high potential”) Network is described as a collection of firms that have demonstrated substantial promise in the development of new tools and… Read More

December 8, 2016 @ 10:45 am By Samantha Hurst  |  

Citi FinTech, a unit within Citi’s Global Consumer Bank, announced on Thursday the launch of its first product, the Citi Mobile App for iPhone. This new app combines banking, wealth management, and money movement capabilities, which were developed by the fintech group. While sharing details… Read More

December 8, 2016 @ 10:13 am By Samantha Hurst  |  

Senjō Group, a global payments operator and fintech investment firm, announced on Thursday it has formed a partnership and invested $1.2 million in Singapore-based B2B service, Tjaara Pte. Ltd.   Tjaara, or “Marketplace” in Arabic, reportedly acts as a global purchaser to numerous unaligned wholesalers and businesses… Read More

December 8, 2016 @ 8:48 am By Samantha Hurst  |  

On Wednesday, IBM (NYSE: IBM) announced the launch of its new blockchain ecosystem. This program was reportedly created to help accelerate the creation of blockchain networks. According to IBM, the blockchain ecosystem program is designed for innovators looking to build real networks, which consists of venture… Read More

December 8, 2016 @ 7:42 am By Samantha Hurst  |  

UK peer-to-peer lending platform CapitalStackers announced it received full authorization from the Financial Conduct Authority (FCA) following a detail assessment.  The company described itself as a direct peer-to-peer lender and matches developers seeking finance with investors. Its key mission is to plug the funding gap between… Read More