General News

September 4, 2018 @ 7:41 am By Erin Hobey  |  

Today Paytm‘s newest wallet addition, its Paytm Money app, went live on Android and iOS. In preparation for the launch, the platform reported reaped in 500K registrations to officially start Money’s operations with 850K users, with 65% of the users based in India’s top 15 cities. The announced… Read More

September 4, 2018 @ 5:46 am By Erin Hobey  |  

Crowdcube investors have made it clear: they want their ice cream, and they want it natural, free from artificial ingredients and low in sugar with innovative flavor combinations.  Northern Bloc is overfunding, just a week after launching their equity crowdfunding campaign on Crowdcube. At this writing,… Read More

August 30, 2018 @ 12:14 pm By Erin Hobey  |  

During the past week, Dash, a digital currency for payments and e-commerce, announced an integration with CoinCards.ca, Germany-based SugarTrends, Spain-based Bit2Me and a new DIP. Canadian-based Coincards.ca, one of the few retail gift card companies specializing in cryptocurrency as a form of payment, company allows customers to… Read More

August 30, 2018 @ 11:02 am By Erin Hobey  |  

Earlier this month UK crowdfunded Crowdcube blogged that £500 million had been pledged on the platform and has resulted in more than 700 successful raises, for startups to sizeable scale-ups including fintech unicorn Revolut, digital, mobile-only bank Monzo and the British multinational brewery BrewDog. Food and beverage… Read More

August 29, 2018 @ 2:12 pm By Samantha Hurst  |  

Raisin UK, a successful European Fintech that provides a marketplace for consumers to earn more money on their savings, announced on Wednesday it has launched a new savings platform in the Netherlands. The company reported that it expanded its reach in the Netherlands after introducing… Read More

August 28, 2018 @ 8:57 am By Samantha Hurst  |  

Global innovation platform Plug and Play announced on Monday it recently celebrated the third anniversary of its Plug and Play China program. The organization reported that the program has invested in over 200 startups and accelerated more than 500 startups across a total of eight… Read More

August 28, 2018 @ 8:11 am By Erin Hobey  |  

According to recent research completed by European P2P platform Robo.cash on its investors, even though women are less likely to invest and usually tend to consider investing in their 30s or 40s, their average investments are 40% more than men. “In general, we make no difference… Read More

August 24, 2018 @ 3:00 pm By Samantha Hurst  |  

CreditEase FinTech Investment Fund (CEFIF), the U.S.-based Fintech Fund of the Chinese fintech CreditEase, recently led $62 million Series C round investment for consumer credit platform, Upgrade. According to CreditEase, Upgrade, which was launched in 2016 by Renaud Laplanche, former co-founder of Lending Club and the… Read More

August 23, 2018 @ 7:39 am By Erin Hobey  |  

Shojin Property Partners secured funding targets of a combined £1.63M for two of its latest crowdfunded projects in Southend-On-Sea and Hampshire, reportedly attracted 38 investors. Southend-On-Sea was an equity raise (variable profit share) while Hampshire was a debt raise with a fixed return. “Many investors… Read More

August 23, 2018 @ 7:03 am By Erin Hobey  |  

Kenyan-based Fintech platform Lendable has been extended a convertible grant from Dutch Development Bank FMO to provide a “first loss” backstop.  The $450K convertible grant, provided by the Dutch government’s FMO managed MASSIF fund, aims to reach targeted end-beneficiaries through financing local financial intermediaries and institutions that… Read More

August 22, 2018 @ 2:27 pm By Samantha Hurst  |  

On Tuesday, crowdfunded brewing company BrewDog announced it is set to open anticipated craft beer hotel, the DogHouse, on August 27th, at its brewery location in Ohio. The opening of the hotel comes just a little over two years after BrewDog secured $324,072 through its… Read More

August 22, 2018 @ 8:12 am By Samantha Hurst  |  

OTC Markets Group Inc.(OTCQX: OTCM), an operator of financial markets for ten thousand U.S. and global securities, announced on Wednesday it has added blockchain accelerator, Victory Square Technologies, to OTCQX. Victory Square Technologies was notably upgraded to OTCQX from the Pink market and begins trading on OTCQX… Read More

August 21, 2018 @ 11:47 am By Samantha Hurst  |  

Mobile wallet service provider Paytm announced on Tuesday it has launched its new AI Cloud computing platform in India. According to Paytm, the Paytm AI Cloud for India’ is geared towards Developers, Startups, and Enterprises. Paytm explained that the AI Cloud offers a suite of business-centric apps… Read More

August 21, 2018 @ 8:30 am By Erin Hobey  |  

Urban Massage, a UK-based massage-on-demand scheduling app, is crushing its convertible campaign on Seedrs. Could there be anything better than an incredible massage: overfunding! The campaign is currently overfunding by 131%, having raised over £3,266,740 at this writing, with the confidence of more than 743… Read More

August 20, 2018 @ 4:03 pm By Samantha Hurst  |  

Travelers, a U.S.-based insurance firm, has reportedly acquired a major stake in Canadian insurtech startup Zensurance. Founded in 2016, Zensurance claims it is leading the technology revolution in the insurance industry. The company, which uses data and analytics to identify most common risks, is able to… Read More

August 17, 2018 @ 11:23 am By JD Alois  |  

Rewards based marketing firm Funded.Today has been recognized by Inc. 5000 as one of its top growth firms. In fact, the Utah based company is listed at #27 overall within the entire list as the company delivered a three year growth rate of 8,798%. According… Read More

August 16, 2018 @ 10:33 pm By JD Alois  |  

Crypto Invest Summit has partnered up with CryptoOracle to offer two masterclass courses at Crypto Invest Summit’s Fall Conference in LA. The two masterclasses, will tackle pretty diverse topics. The first will be on the emerging security token industry and the second will be on… Read More

August 16, 2018 @ 9:17 am By Samantha Hurst  |  

Wyre, a U.S.-based money transfer service, announced this week it has entered into an account transfer agreement for the sale of its retail money transfer business to money transfer firm, WorldFirst. This news comes just after Wyre announced its API was being extended to dapps… Read More

August 15, 2018 @ 3:25 pm By Samantha Hurst  |  

Payment process platform Square announced this week it has updated its Square Reader for contactless and chip and Square Register will now process chip cards in just two seconds (previously 3.6 seconds) without the requirement of a signature. While sharing more details about the update, Jesse Dorogusker, Head of Hardware… Read More

August 15, 2018 @ 12:52 pm By Samantha Hurst  |  

Singapore-based blockchain asset financial service provider and crypto exchange Huobi announced on Wednesday it has entered into a strategic partnership and invested in U.S.-compliant security token trading platform, OpenFinance Network. According to Huobi, the new partnership will introduce both platforms to new markets and allow collaboration… Read More