November 16, 2016 @ 10:06 am By Samantha Hurst  |  

Innovate Finance, an association for the global Fintech industry founded in 2014, announced on Wednesday its latest report through Pitchbook revealed over global investment for fintech has increased by 27 % to $15.2 billion to 2016’s third quarter with 839 deals in total. The organization… Read More

November 16, 2016 @ 9:03 am By Samantha Hurst  |  

SyndicateRoom announced on Wednesday the launch of its new product, The WatchList, which reportedly gives its online investment platform users the opportunity to invest funds in a curated list of AIM-listed companies at a discount to their share price. The funding portal revealed it created the WatchList… Read More

November 15, 2016 @ 5:05 pm By Samantha Hurst  |  

San Francisco-based science initiative Project Blue has launched a crowdfunding campaign on Kickstarter to raise $1 million for its space photograph telescope. The project hopes to discover a habitable planet orbiting a Sun like star (and perhaps one that is already inhabited). According to the… Read More

November 15, 2016 @ 3:51 pm By Samantha Hurst  |  

On Tuesday, Kickstarter CEO and co-founder, Yancey Strickler, announced the crowdfunding platform is now welcoming artists and creators to its website for the first time. In a blog post called Build Bridges, Not Walls, Yancey stated he and his team are now removing the barrier… Read More

November 15, 2016 @ 2:43 pm By Samantha Hurst  |  

On Monday, the United Nations Foundation announced 25 charities are set to participate in 2016 #GivingTuesday. The annual global movement was founded in 2012 by New York’s 92nd Street Y in partnership with the United Nations Foundation and is described as a global day of… Read More

November 15, 2016 @ 2:22 pm By Samantha Hurst  |  

UK-based cycling apparel brand Huez has successfully secured its initial £250,000 funding goal from nearly 250 investors during its Crowdcube campaign, which is set to close in a week and a half. The company, which was launched in 2014, stated it uses advanced sportswear fabrics to… Read More

November 15, 2016 @ 12:48 pm By Samantha Hurst  |  

Fintech company Bizfi announced on Tuesday it originated more than $127 million in financing in the third quarter of 2016. The company reported that the top sectors seeking finance through its platform were manufacturing, retail, business-to-consumer (B2C) services (i.e. daycare, cleaning) and business-to-business (B2B) services (i.e…. Read More

November 15, 2016 @ 12:03 pm By Samantha Hurst  |  

Just a few weeks after launching its Seedrs campaign, Amsterdam-based fitech company Fitmo has successfully secured its initial €150,000 funding target from nearly 70 investors. Fitmo’s personal app is described as a mobile coaching platform that connects fitness coaches with users. Its features include 24/7 communication with coaches, video/audio-guided… Read More

November 15, 2016 @ 10:59 am By Samantha Hurst  |  

With Elan Lee and Matthew Inman’s Bears vs Babies Kickstarter campaign set to close on Thursday (November 17th), the hilarious card game has successfully captured more than $2.5 million from over 58,000 backers. Bears vs Babies is described as a card game with one goal: for… Read More

November 15, 2016 @ 9:40 am By Samantha Hurst  |  

Lufax, one of China’s largest peer to peer lending platforms, has announced plans to expand into both Hong Kong and Singapore. This news comes less than two months after the lender announced preparations for its Hong Kong Listing and IPO. Lufax Chairman and CEO, Gregory… Read More

November 15, 2016 @ 8:49 am By Samantha Hurst  |  

Marketplace lending platform, China Rapid Finance, announced on Tuesday it has formed partnerships with two financial institutions, China United SME Guarantee Corp. (Sino Guarantee) and Bank of Shanghai. The lender stated Sino Guarantee would provide ongoing lending capital for loans that will originate on its platform, with… Read More

November 14, 2016 @ 5:16 pm By Samantha Hurst  |  

On Monday, online lender Prosper Marketplace announced its board of directors has named former CFO David Kimball as the new CEO after Aaron Vermut stepped down from the position. Vermut notably served as the CEO of Prosper since March 2014, and the platform reported that he would… Read More

November 14, 2016 @ 4:01 pm By Samantha Hurst  |  

On Monday, UK-based fintech firm Nutmeg announced it secured 30 million during a Series C funding, which was led by Hong Kong independent finance advisers firm, Convoy Global Holdings. Other participants included existing investors such as Schroders, Balderton Capital, Pentech Ventures, Armada Investment Group, and… Read More

November 14, 2016 @ 2:41 pm By Samantha Hurst  |  

The European Commission has reportedly set up an internal task force that is focused on financial technology (aka fintech). While sharing details about the group, Roberto Viola, director general for DG Connect and Olivier Guersent, director general DG Financial Stability, revealed in a press release the key… Read More

November 14, 2016 @ 1:37 pm By Samantha Hurst  |  

Elementree, a vegan portfolio company and the principal owner of Okobay, has launched an equity crowdfunding campaign on FundedByMe. This news comes just a few month after the company acquired Pop Fruits. The company stated it is seeking to launch a new concept in healthy food solutions. All of… Read More

November 14, 2016 @ 11:47 am By Samantha Hurst  |  

Elevate Center for the New Middle Class, which conducts research that focuses on the American “new” middle class, released its latest report on Monday, revealing that 81% of nonprime Americans, which are those with credit scores lower than 700, spend only what they earn, or less… Read More

November 14, 2016 @ 11:23 am By Samantha Hurst  |  

With its Kickstarter campaign set to close on Wednesday (November 16th), Smithsonian Institute has successfully secured nearly $350,000 for its “Conserve Dorothy’s Ruby Slippers” project. The organization launched the initiative last month originally seeking $300,000. The Ruby Slippers were made nearly 80 years ago for… Read More

November 14, 2016 @ 10:49 am By Samantha Hurst  |  

Following the launch of its equity crowdfunding campaign on Crowdcube, UK-based creative technology and visual content agency, Happy Finish, announced on Monday it is expanding its virtual reality (VR) and augmented reality (AR) operations in Asia. The company revealed it intends to maximize the growth development of the… Read More

November 14, 2016 @ 8:36 am By Samantha Hurst  |  

On Monday, FundedByMe announced iTalent’s campaign, which is the second initiative on its Malaysia crowdfunding platform, has secured 310% of its €86,500 funding target. The company has reportedly registered interest to invest from investors in 73 different countries. iTalent is described as an Enterprise Digital… Read More

November 12, 2016 @ 5:29 pm By Samantha Hurst  |  

Less than two weeks after launching its equity crowdfunding campaign on Seedrs, fitech app Fitmo is nearing its €150,000 funding target thanks to 60 investors. Fitmo’s app is described as an intelligently designed mobile coaching platform that connects fitness coaches with users. Its features include 24/7 communication with coaches,… Read More