General News

Sharestates Receives Emerging Real Estate Platform Nomination For the LendIt Conference Industry Awards

Real estate crowdfunding platform Sharestates announced on Thursday it received a nomination for LendIt Conference Industry Awards’ emerging real estate platform award. The winner will be announced on March 7th at the Edison Ballroom in New York City. Speaking about the nomination, Allen Shayanfekr, co-founder and CEO of Sharestates, stated: “We… Read More

VeriComply Appoints Former LendingClub Executive Roger Dickerson President As it Prepares to Expand Into the Marketplace Industry

VeriComply, a company that automates the verification of marketplace loans for the secondary market, announced on Thursday it appointed former LendingClub executive, Roger Dickerson as its new president as it prepares to expand into the marketplace lending industry. According to VeriComply, Dickerson served as Vice… Read More

NextGen Crowdfunding Reveals Crowdfunding Video Awards Second Round Winners

NextGen Crowdfunding announced on Thursday the second round winners of the Crowdfunding Video Awards (CVAs). This event provides campaign organizers new ways to promote crowdfunding campaigns and products to backers as well as potential investors. Season one of the CVAs kicked off on January 25th with a live… Read More

£19.5M in Series B Funding in Hand, Monzo Plans Exciting Crowdcube Return

Fresh from closing its £19.5 million in Series B funding round and celebrating its 2nd birthday, app-only Monzo  (formally know as Mondo) is planning to raise a further £2.5M through crowdfunding, according to multiple news sources. New York-based Thrive Capital led the round, with participation from Passion Capital… Read More

Cloud Lending Closed Latest Financing Round Led by Cota Capital: Global Expansion Continues

Cloud Lending Solutions announced that it had closed its latest financing round led by Cota Capital, with all existing investors participating. The proceeds will be used to continue its global expansion and to further develop its industry-leading lending platform, according to the release. Founded in 2012,… Read More

LendInvest Shares Quarterly UK Buy-To-Let Market Research, Comments from CEO Christian Faes

LendInvest, the UK online property lending and investing business, has released its latest quarterly research Index on the UK Buy-To-Let market. The LendInvest BTL Index ranks each postcode area around England and Wales based on a combination of four critical metrics: capital value growth, transaction volumes,… Read More

$1 Million Prize Awarded to Israeli Insurtech Startups GetmeIns and Seegnature

Israeli startups GetmeIns and Seegnature shared the top $1 million prize in the Insurtech Israel competition, reportedly a first of its kind competition in Israel for startups in the field of insurance technology.  JVP decided to double the grand prize, investing over $2 million in the winners…. Read More

Solar Investment Firm Wunder Capital Announces Partnership With French Financial Platform Lumo

Wunder Capital, a firm that develops and manages solar investment funds through partnerships, test processes, underwriting framework and its investment portal, announced it has formed a partnership with French financial platform, Lumo. While sharing details about the new partnership, Wunder Capital revealed: “Wunder Capital strives to… Read More

JPMorgan Chase Teams Up With CFSI to Launch Virtual Fintech Lab to Help Startups Improve Overlooked Populations’ Financial Health

On Wednesday, the Center for Financial Services Innovation (CFSI) announced it has partnered with JPMorgan Chase to launch a virtual fintech lab, the Financial Solutions Lab (FinLab), as a way to help the financial health of overlooked populations, which includes low-income women, aging and disabled populations. This… Read More

NextGen Crowdfunding Announces Crowdfunding Video Awards First Round Winners

NextGen Crowdfunding announced on Wednesday the first round winners of the Crowdfunding Video Awards (CVAs). This news comes just days after NextGen revealed the second round of finalists. The CVAs will provide campaign organizers new ways to promote crowdfunding campaigns and products to backers as well as… Read More

Maven Capital Partners £57.5 Million for the Northern Powerhouse Investment SME Fund

UK-based private equity firm Maven Capital Partners announced on Wednesday it was appointed by the Northern Powerhouse Investment Fund (NPIF) to manage the £57.5 million NPIF Maven Equity Finance fund as part of NPIF’s £400 million of capital available to support growing SMEs.  According to… Read More

LendIt Announces 2017 PitchIt Finalists

LendIt, the global lending and fintech conference series, announced on Tuesday the eight finalists for its fifth PitchIt @ LendIt competition. According to the event organizers, in partnership with 500 Startups and sponsored by Marqeta, the PitchIt competition fintech startup finalists were reportedly chosen from… Read More

Zopa Named Best Personal Loan Provider & Best Alternative Finance Provider at the 2017 British Bank Awards

Zopa, the UK’s very first peer to peer lending platform, announced on Monday it was named Best Personal Loan Provider & Best Alternative Finance Provider at the 2017 British Bank Awards. The online lender revealed in a blog post: “We’re excited to announce we’ve been named… Read More

Marketplace Lender LendingUSA Appoints Former Intuit Strategic Risk Systems Manager Boris Belyi Vice President of Analytics

Marketplace lending platform LendingUSA announced on Tuesday it has appointed former strategic risk systems manager of Intuit, Boris Belyi, as its new vice president of analytics. Belyi reportedly has more than 25 years of experience in data analytics. While sharing details about the appointment, Camilo… Read More

New Consumer Financial Data Rights Group Submits Comments to CFPB: Advocates for Consumer’s Rights to Financial Data

Consumer Financial Data Rights Group (CFDR), a new organization that was created to defend consumers’ access to their data and fuels innovation in the fintech industry, announced on Tuesday it has submitted a response to the Consumer Financial Protection Bureau’s (CFPB) request for information (RFI) in regards… Read More

Brief: BlackRock Enters Joint Venture with German Fintech Platform Youvestor

BlackRock (BLQA) has entered into a joint venture with Germany fintech robo-operator platform Youvestor, according to a press release. BlackRock is primarily aiming the venture to insurance agents, brokers and financial advisors,  distributing its products directly through Youvestor to both end-users and consultants. Mediators will enjoy complete customer and stock protection and obtain a… Read More

Armed with $200M in Lending Capital, Harmoney Launches in Australia

Now the New Zealand-based marketplace lender Harmoney has launched in Brisbane, Australia with over $200M in lending capital targeting the  40+ demographic , according to Australian Broker. Interest rates on the company’s unsecured loans start at 8.99% p.a. with no early repayment fees and the ability to borrow… Read More

Quick Q&A with Founder CH Pinhas as LOVE Turntable nears $670K on Kickstarter

Closing in on $670K, LA-based LOVE Turntable’s Kickstarter campaign easily surpassed its stretch goal with the help of over 1918 backers with 15 days remaining on the campaign. The startup flew past its initial goal within hours of launching its campaign which brings its smartphone-controlled turntable to… Read More

Over Promise & Under Deliver. Will Tiko 3D Printer Become the Next Zano – Like Kickstarter Failure?

There was a brief period in crowdfunding history where 3D Printers were quite the rage. Thousands of backers pumped millions of dollars into all sorts of iterations of the now ubiquitous 3D printers. Of course today the sector is intensely competitive. Just hop on over… Read More