General News

Seed Launches Full-Service Digital Bank Alternative for Small Businesses

San Francisco-based Seed announced on Wednesday the launch of its new full-service digital bank alternative that is designed specifically for small businesses. While sharing details about the services, Brian Merritt, Co-Founder and CEO of Seed, stated: “Traditional banks have struggled to take care of their small… Read More

SEC Moves Government-Business Forum to Austin, Texas – Date of Event is November 30th

The annual Securities and Exchange Commission’s Government-Business Forum on Small Business Capital Formation has been scheduled for November 30th.  In a shift from years past where the Forum was held in the SEC’s headquarters in Washington, DC, the event will take place in Austin, Texas…. Read More

Dr. Leonid Kogan, Chair of the Finance Department at MIT Sloan, Joins 55 Institutional Partners

Dr. Leonid Kogan, Chair of the Finance Department at MIT Sloan School of Management, has joined deep data company 55 Institutional Partners as Chief Investment Scientist. 55 Institutional Partners is an “investment science firm” that helps enterprise customers implement tax optimized enhanced portfolios. Kogan’s research covers theoretical and empirical… Read More

And the Crowd Goes Wild! Tifosy Raises £1M & Releases Additional Shares in Self-Crowdfunding Campaign

Tifosy, reportedly the world’s first and only fully licensed sports crowdfunding business, has successfully raised £1m equity through its own platform. Co-founded by former player and manager Gianluca Vialli and former investment banker Fausto Zanetton, Tifosy is spearheading a sports finance revolution by allowing supporters to… Read More

Alastria Consortium Founded to Develop Blockchain in Spain

Several leading Spanish banking, energy and telecommunications companies have established Alastria, a new regulated national network based on blockchain. The non-profit consortium was presented simultaneously in the cities of Madrid, Barcelona, Bilbao, Valencia and Malaga with the aim to develop the Distributed Ledger Technology (DTL),… Read More

BitClave CEO & Founder Alex Bessonov Comments on $15M Pre-Sale Token Event

BitClave, a blockchain startup developing a decentralized search ecosystem, shared that it has completed a successful private and public pre-sale token event raising almost $15 million and receiving commitments for another $24 million. BitClave is also excited to announce the start date for the highly… Read More

Australia Appoints New ASIC Chair, FinTech Australia Welcomes Him Aboard

Today, the Minister for Revenue and Financial Services, Kelly O’Dwyer, announced the appointment of James Shipton as the new Chair of the Australian Securities and Investments Commission (ASIC).  A Goldman Sachs veteran, Shipton is currently leading a research center at Harvard Law School where he… Read More

European Venture Capital Declines in Q3 versus Prior Quarter

Dow Jones has just released its quarterly report on Venture Capital in Europe.  According to their tally, venture capital declined both in regards to funds raised and investment activity during the 3rd quarter. Both the number of funds and amount raised by European VC funds decreased… Read More

Seen and Heard at LendIt Europe: The Future of Finance

LendIt Europe took place in London earlier this week with around 1000+ attendees participating including a good showing of regular suspects and an emerging group of early stage, aspiring Fintech firms. For both presenters and attendees the backdrop of the Brexit decision and the uncertainties… Read More

Crowdcube Forms Partnership With RS Component’s DesignSpark

Equity crowdfunding platform Crowdcube announced on Friday it has formed a partnership with RS Component’s DesignSpark. This news comes less than three months after the funding portal announced its collaboration with RS Component.  “DesignSpark and RS Components are proud to be working with Crowdcube to… Read More

OTC Markets to Expand Transfer Agent Verified Shares Program: Includes Continental Stock Transfer & Trust

 OTC Markets Group Inc.(OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced that Continental Stock Transfer & Trust has joined OTC Markets’ Transfer Agent Verified Shares Program. The organization revealed it launched the Transfer Agent Verified Shares Program initiative with the goal of… Read More

American Express Announces New Finance Product For Small Businesses

American Express (AMEX) announced on Thursday the launch of a new addition to its suite of business financing products, which are designed to help businesses with access to working capital and short-term financing, Business Loans. According to the financial service giant, Business Loans now gives small businesses… Read More

Zinbaustein “Wohnen Im Village 11” Hits €625K Goal, Starts Investor Waitlist

Private investors may now participate in a new equity crowdfunding real estate round for a mortgage of residential buildings in Darmstadt / Frankfurt area of Germany.  “Wohnen Im Village 11” on zinsbaustein.de features ten semi-detached houses and one detached house.  Private investors can participate in the… Read More

Waves Platform Utilizes Blockchain for New “Liquid Democracy” Voting System

Earlier this year Crowdfund Insider spoke to CEO Pete Martin about Votem and its own securing public, private and proxy global election systems, which builds on a blockchain-based solution giving democracy back to the people with a swift, safe and secure electoral process. As expected, other platforms… Read More

Warwick Audio Raises £2.2M with a Little Help from SyndicateRoom Friends

UK online investment platform SyndicateRoom has supported Warwick Audio in a £2.2M funding round, as part of a larger financing activity bringing in more than £3M to the company. The funds will support Warwick Audio as it prepares to push its patented technology into the… Read More

Orca’s New P2P Lending Investor Guide Makes a Splash: UK Surpasses £11B Cumulative Lending Mark

Orca, an independent whole of market research service for UK P2P lending, has created a comprehensive guide for investors evaluating P2P lending. “Peer-to-Peer Lending Investor Guide: Innovating an Ancient Credit Model” was created by the Orca team and published on their website today, free to… Read More

Elevate’s RISE Product Now Offering Lines of Credit in Tennessee

Elevate Credit, Inc., a tech-enabled provider of online credit solutions for non-prime consumers, announced on Wednesday its RISE product is now offering lines of credit in the state of Tennessee. This news comes just after the product’s successful line of credit launch in Kansas and it makes Tennessee the 17th state that… Read More

Florida Fintech Finova Financial Debuts Automobile-Secured Prepaid Card

On Wednesday, digital alternative provider Finova Financial announced the launch of an industry-first prepaid card, the Finova Automobile-Secured Prepaid Card. The company stated that unlike traditional prepaid cards, the Finova Prepaid Card allows consumers to use cash or equity from their automobile to fund the… Read More

State Bank of India Teams Up With Moody’s Analytics to Launch Credit Certification

The State Bank of India (SBI) announced on Tuesday it has formed a partnership with Moody’s Analytics to provide bank-wide credit certification to SBI’s employees enabling them to source, appraise, and monitor loans faster. According to SBI, the initiative enhances the bank’s market-leading credit curriculum with the globally recognized expertise of Moody’s Analytics. It also… Read More

OpenInvest Presents Shareholder “Digital Democracy”: Vote with a Simple Swipe

OpenInvest, an online investment advisor empowering individuals to drive social change with their dollars, today launched its first iPhone app that features “the world’s first digital democracy,” the ability to vote in the shareholder resolutions with a simple swipe. The Y Combinator and Andreessen Horowitz-backed socially responsible investing… Read More