General News

June 21, 2018 @ 3:33 am By Erin Hobey  |  

Kabbage, Inc., a global financial services, technology and data platform serving small businesses headquartered in Atlanta, released survey data that uncovers insights from 500 established small businesses and the key moments that triggered their growth. The results offer entrepreneurs applicable lessons from experienced business owners… Read More

June 21, 2018 @ 2:01 am By JD Alois  |  

Her Majesty Queen Máxima of the Netherlands will address the Cambridge Centre for Alternative Finance (CCAF) next week as part of its annual event at the University of Cambridge. Queen Máxima will be speaking in an official capacity as the UN Secretary General’s Special Advocate… Read More

June 20, 2018 @ 12:37 pm By Samantha Hurst  |  

Online payments giant PayPal announced on Tuesday it has acquired global payout platform Hyperwallet for $400 million. The latest acquisition reportedly enhances PayPal’s capabilities, which will improve the company’s ability to provide an integrated suite of payment solutions to e-commerce platforms and marketplaces around the… Read More

June 20, 2018 @ 11:11 am By Samantha Hurst  |  

Interac Corp. announced earlier this week the launch of its new Interac Lab, which is described as an innovation outpost and accelerator at the Kitchener-based tech hub, Communitech. According to Interac, the Interac Lab will support research and development, offering a space for hands-on experimentation…. Read More

June 20, 2018 @ 9:20 am By Samantha Hurst  |  

Fintech Oval Money, a Robo-advisor founded by Benedetta Arese Lucini former CEO of Uber Italy, announced on Tuesday it kicked off its Series A round with a significant investment led by Italian banking group Intesa SanPaolo Group. The bank will reportedly take a minority stake in Oval… Read More

June 20, 2018 @ 9:09 am By JD Alois  |  

Uniti, an electric car project that raised growth capital via several investment crowdfunding rounds, is reporting pre-orders of €50 million for their first vehicle. In a note to their community, Uniti stated; “We have some good news to share. Uniti has recently surpassed our first €50… Read More

June 19, 2018 @ 3:53 pm By Samantha Hurst  |  

Deutsche Bank announced on Tuesday it has teamed up with Allianz and Auto1 to launch a new fintech called “Auto1 FinTech,” which will offer financing and insurance products to automobile dealerships buying and selling used vehicles via Auto1. The three partners closed the deal last Friday…. Read More

June 19, 2018 @ 3:05 pm By Samantha Hurst  |  

On Tuesday, B2B commerce platform Handshake announced it has formed a partnership with Square to deliver streamlined B2B ordering and payments. Handshake reported that the integration provides a seamless workflow between Handshake and Square, and is now available on the Square App Marketplace. While sharing more… Read More

June 19, 2018 @ 1:14 pm By Samantha Hurst  |  

Dubai International Financial Centre (DIFC) announced on Tuesday it has formed a new partnership with Startupbootcamp to support the development of the growing fintech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the region. According to the organization, this partnership… Read More

June 19, 2018 @ 4:24 am By Erin Hobey  |  

With nine days remaining on its Crowdcube campaign, Feedr delivers success on its now overfunding equity crowdfunding campaign. Pre-valued at £2,800,000, Feedr, a London-based catering marketplace connecting offices with the best artisan eateries, will use funding to continue disrupting the corporate catering and the food-delivery industries with… Read More

June 19, 2018 @ 3:41 am By Erin Hobey  |  

Sentinel Protocol, a crowdsourced threat intelligence platform built on the blockchain, has not only signed a partnership with Bibox Exchange but announced a $27M funding windfall. Bibox has agreed to deploy Sentinel Protocol platform to protect its users but list Sentinel Protocol’s UPP token. “Exchanges are… Read More

June 14, 2018 @ 2:14 am By Erin Hobey  |  

The Seedrs alum Wrisk began its second crowdfunding campaign in May — its second within a year — and is crushing it again within a few weeks. Having already raised over £954,550 on its current Seedrs convertible campaign (a mere £500K was the platform’s initial goal),… Read More

June 14, 2018 @ 1:40 am By Erin Hobey  |  

Spanish startup WOOM, a data app that empowers women to maximize chances of pregnancy, is overfunding and poised to easily surpass £400,000 on its equity crowdfunding campaign on Crowdcube. Just last week, WOOM celebrated hitting its £300K initial goal. More than 77 investors have stepped up… Read More

June 14, 2018 @ 1:04 am By Erin Hobey  |  

Mambu, the Berlin-based SaaS engine powering innovative lending and deposits, announced that business leader and academic Henning Kagermann joined its board of directors. Mambu will draw on Kagermann’s decades of executive and operational expertise to help guide the company as it increasingly attracts interest and business… Read More

June 14, 2018 @ 12:48 am By Erin Hobey  |  

SharesPost, a private company liquidity solutions and private capital markets research provider, has joined forces Security Token Offerings advisory firm Satis Group LLC d/b/a Corinthian Partners LLC. Satis is the first partner participating in SharesPost’s newly-launched global Advisor Partner Program. The partnership aims to result… Read More

June 13, 2018 @ 7:00 pm By JD Alois  |  

FinTech Australia has shared the 2018 Finnie Award winners. The second annual industry event recognizes the best in financial innovation in the fast growing sector of finance. Receiving the top award of Australia’s outstanding FinTech leader of the year is Katherine McConnell, the founder and CEO of… Read More

June 13, 2018 @ 6:41 am By Samantha Hurst  |  

On Wednesday, the UK government announced a new initiative that will allow those who want to start a business in the country to apply for a new “startup” visa. According to government officials, this new route, which was announced during London Tech Week, will widen… Read More

June 12, 2018 @ 11:31 am By Erin Hobey  |  

Lending Express, an AI-powered marketplace for business loans, has opened a new Silicon Valley office in San Mateo, as well as the appointment of Moshe Kazimirsky to VP of Strategic Partnerships and Business Development to support the West Coast team. The announcement comes on the… Read More

June 12, 2018 @ 6:09 am By Erin Hobey  |  

The London-based fintech platform Opal Transfer is celebrating its 15 year anniversary with launch of new app offering ‘one click payments.’  Having reportedly transferred over £1.5 billion across Europe, Opal’s new app aims to give users access to one click payments making transfers quicker and easier. Currently Opal… Read More

June 11, 2018 @ 8:51 pm By Samantha Hurst  |  

On Monday, global fintech InvestCloud announced it has acquired London-based rplan Limited for $20 million. According to InvestCloud, rplan is a provider of client engagement technology to support investment propositions for web and mobile. The company’s client base includes four of the top eight UK… Read More