July 21, 2017 @ 11:58 am By Samantha Hurst  |  

On Friday, digital wealth management FLYNT announced it obtained a banking-license from the FINMA and operates now under FLYNT Bank AG. The start-up stated: “The banking-license allows FLYNT the required independence to approach Wealth Management in new ways and using innovative technologies, thus enabling private and… Read More

July 21, 2017 @ 11:20 am By Samantha Hurst  |  

Global payment solution provider, Paysafe Group plc (LSE: PAYS.L), announced on Friday it has acquired Delta Card Services Inc., the holding company for Texas payment processor Merchants’ Choice Payment Solutions (MCPS), for $470 million. According to Paysafe, MCPS is a data-focused full-service payment processor for merchants… Read More

July 21, 2017 @ 9:29 am By Samantha Hurst  |  

This week, Luke Lang sat down with his Crowdcube co-founder, Darren Westlake, to discuss start-up challenges and the entrepreneur lifestyle. The interview’s description reads: “Listen to Luke’s perspective about the challenges of starting a business in a new sector, in the tail end of a… Read More

July 21, 2017 @ 9:09 am By Samantha Hurst  |  

Innovate Finance, the independent membership organization that represents the voice of Britain’s global fintech sector, is set to host its global summit in London on March 20th at the Guildhall. The event’s description reads: “Financial technology has evolved into a powerful global movement that has brought… Read More

July 20, 2017 @ 5:34 pm By Samantha Hurst  |  

Fast Track, a global platform that enables accredited investors and funds to co-invest with technology startups, announced on Thursday the completion of its first successful deal, which raised €1.3 million for Swiss biomedical company, Monarch Bioimplants. According to Fast Track, Monarch Bioimplants has engineered a… Read More

July 20, 2017 @ 3:24 pm By Samantha Hurst  |  

Less than seven months after securing $108,767 from 1382 backers on crowdfunding platform Fig, Lion Shield’s video game Kingdom and Castles is now available on Steam and GoG. As previously reported, Kingdoms and Castles is notably inspired by the SimCity series, Banished, and Stronghold, is described as… Read More

July 20, 2017 @ 1:44 pm By Erin Hobey  |  

As previously reported, the Delaware House of Representatives passed amendments to state law that would make it explicitly legal for stocks to be traded on a blockchain, the technology behind cryptocurrencies like Bitcoin and Ether. The amendments relating to trading stock on a blockchain were added… Read More

July 20, 2017 @ 11:51 am By Erin Hobey  |  

Medici Ventures, a major blockchain tech investor, completed its strategic investment in Symbiont. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform… Read More

July 20, 2017 @ 11:19 am By Erin Hobey  |  

LendKey, a leading lending-as-a-service solution for banks and credit unions, raked in $13 million in Series C funding, $8 million in equity and $5 million in debt financing. North Atlantic Capital, based in Portland, ME, led the round with participation from each of LendKey’s existing… Read More

July 20, 2017 @ 10:40 am By Samantha Hurst  |  

Fintech startup Receipt Bank announced on Thursday it secured $50 million through its Series B funding round, which was led by Insight Venture Partners. Launched in 2011, Receipt Bank describes itself as an award-winning bookkeeping automation platform that automates the collection and data extractions of… Read More

July 20, 2017 @ 10:36 am By Erin Hobey  |  

UK small business lender Growth Street has been selected to participate in Nesta’s Open Up Challenge. As one of 20 Stage 1 participants, Growth Street will work to develop new tools and change small business banking in the UK. Growth Street will build services that use… Read More

July 19, 2017 @ 4:04 pm By Samantha Hurst  |  

Dash, a payments-focused digital currency, announced on Wednesday it has officially been accepted by Apple as an approved cryptocurrency on the iTunes App Store. Speaking about the approval, CEO of Dash Core Ryan Taylor stated: “As Dash continues to expand our user base and ecosystem of services,… Read More

July 19, 2017 @ 12:01 pm By JD Alois  |  

OTC Markets Group Inc. (OTCQX: OTCM), has announced that Corporate Stock Transfer has joined OTC Markets’ Transfer Agent Verified Shares Program.  This broadens the list of transfer agents that have partnered with OTC Markets Group to provide greater transparency of share information for OTCQX, OTCQB and Pink® securities…. Read More

July 19, 2017 @ 11:48 am By Samantha Hurst  |  

On Wednesday, peer-to-peer lender Zopa released its latest Home Improvement Index that indicated a quart of British homeowners looking to improve their homes this summer are choosing to renovate their kitchens and are seeing a 51% return on investment as a result. According to research, 25% of… Read More

July 18, 2017 @ 12:17 pm By Samantha Hurst  |  

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, has reportedly secured €39 million through its latest round of funding, which was led by SBI Group, NIBC, and Hannover Re. This news comes just one month after the company raised €21 million in equity capital to support its fintech incubation… Read More

July 18, 2017 @ 11:18 am By Erin Hobey  |  

On the first day of their trip to Poland, the Duke and Duchess of Cambridge visited the Warsaw startup incubator The Heart to celebrate business opportunities between UK and Poland. The event was held by the British Embassy in Poland and hosted by Azimo co-founder… Read More

July 18, 2017 @ 11:02 am By Erin Hobey  |  

Indian mobile wallet MobiKwik has linked with Samsung Pay, integrating with Samsung Pay Mini to enable one-tap payments at merchants using Mobikwik. “We are enthused by the tremendous response Samsung Pay has received since its launch, both from our consumers as well as partners. Moving… Read More

July 18, 2017 @ 10:44 am By JD Alois  |  

Beauhurst is out with their monthly report for June and, according to their numbers, things are looking up for equity investments into high growth UK firms. This follows news by OFF3R that said equity crowdfunding in the UK had experienced a record breaking first half… Read More

July 18, 2017 @ 9:39 am By JD Alois  |  

OTC Markets Group Inc. (OTCQX: OTCM) has announced that Jason Paltrowitz, Executive Vice President of Corporate Services, has joined the Board of Directors of the Crowdfunding Professional Association (CfPA). In his role at OTC Markets Group, Paltrowitz is responsible for managing the firm’s Corporate Services business. OTC… Read More

July 18, 2017 @ 9:02 am By Samantha Hurst  |  

EquityZen, a New York-based fintech firm that operates a secondary marketplace for company-approved transactions in pre-IPO stock announced on Tuesday it secured $6.5 million during its latest financing round, which was led by Draper Associates. According to the company, the latest financing deal comes as private… Read More