General News

April 24, 2018 @ 7:06 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) says that loan fee scams is now the most common scam in financial services topping investment fraud. The shift is largely due to the emergence of online lending as victims are targeting while searching for loans on the internet…. Read More

April 23, 2018 @ 12:30 pm By Samantha Hurst  |  

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced last week its upcoming programme will expand its themes to include insurance, Islamic finance, and regulatory technology services. According to the organization, this program will continue to bridge the… Read More

April 23, 2018 @ 10:15 am By Cali Haan  |  

In a form letter correspondence consistent with the low service levels crypto clients have come expect, Coinbase, operators of the planet’s 11th largest crypto exchange, pulled the plug on payments to the Wikileaks store April 20th. In a screenshot of the letter posted by Wikileaks,… Read More

April 23, 2018 @ 9:24 am By Samantha Hurst  |  

Innovative platform Plug and Play, along with startup hub TechQuartier, announced on Monday that Aareal Bank, BNP Paribas, Deutsche Bank, DZ Bank and NETS Group are the first five corporate partners to join their fintech program based out of Frankfurt. According to the organizations, the partnership, known as “Fintech Europe,” will… Read More

April 19, 2018 @ 1:57 pm By JD Alois  |  

It has been widely reported that Amazon has been granted a patent for technology to create a streaming data marketplace. The patent was filed back in 2014 but was just approved by the US Patent office this week. You may read the Patent in its… Read More

April 19, 2018 @ 12:43 pm By Erin Hobey  |  

Swedish fintech platform iZettle has made good on its promise to grow and innovate.  Last year the platform secured €60 million funding round, which consisted of equity from existing investors in a Series D extension as well as debt funding from Victory Park Capital through its… Read More

April 19, 2018 @ 12:18 pm By Erin Hobey  |  

Nvested, a new St. Louis Economic Development Partnership-developed platform, claims to be St. Louis’ first “hyper-local” regulation crowdfunding platform designed to more easily connect local investors and business owners. “The hypothesis is it’s not because they’re rejecting the asset class, it’s just that they aren’t aware… Read More

April 19, 2018 @ 11:03 am By Erin Hobey  |  

The InsurTech Accelerator, part of Hartford InsurTech Hub powered by Startupbootcamp InsurTech, hosted its first Demo Day in Hartford, Connecticut. Out of the 10 startups graduating from the cohort, 5 startups have already secured pilots with leading insurance companies within the core sponsoring partners: Cigna,… Read More

April 18, 2018 @ 7:01 am By Erin Hobey  |  

Point, a fintech platform that allows homeowners to unlock home equity wealth without taking on new debt, has agreed to a forward flow purchase program with investment firm Atalaya Capital Management to purchase up to $150 million of Point’s structured home equity investment instruments. “We’re… Read More

April 17, 2018 @ 1:07 pm By Samantha Hurst  |  

Russia-based Sberbank and the Higher School of Economics’ (HSE) business incubator announced on Monday they are beginning to review ideas for startups that were submitted to the corporate business accelerator. The duo reported that around 600 projects were submitted during the first stage, which notably… Read More

April 17, 2018 @ 12:08 pm By Erin Hobey  |  

ArchOver, the UK P2P business lending platform, aims to bridge the funding gap to enable businesses to continue to grow while waiting for their R&D tax claim to be repaid. ArchOver’s Research & Development Advance (RDA) service is reportedly the first provided by a P2P… Read More

April 17, 2018 @ 11:45 am By Erin Hobey  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in the startup Creditas, a leading Brazilian secured lending platform. Creditas is Santander InnoVentures, Santander’s USD 200 million corporate VC fund, first investment in Brazil and second in Latin America. Creditas increased of… Read More

April 17, 2018 @ 11:19 am By Erin Hobey  |  

CAN Capital, a tech-driven small business specialty finance company, has hired Tom Davidson as its new Chief Financial Officer. Davidson brings 25 years of financial services experience to the company, including deep expertise in capital markets, securitization, treasury, investor relations and risk management. “I couldn’t be more… Read More

April 17, 2018 @ 11:05 am By Erin Hobey  |  

Chaineum, a crypto-finance engineering consulting company and reportedly the first French boutique specialized in raising funds through ICOs, has completed an ICO operation carried out for Naviaddress, a platform for digital addressing of locations and objects. Through its ICO, Naviaddress sold a total of 338… Read More

April 16, 2018 @ 4:09 pm By JD Alois  |  

StartEngine, a full stack crowdfunding platform listing Reg CF, Reg D and Reg A+ offerings, has reported that Reg CF or “Regulation Crowdfunding” has now topped $100 million of successful funding (as of March 31st that number stood at $102.1M). There was an earlier report… Read More

April 16, 2018 @ 11:54 am By Samantha Hurst  |  

Upper Hand, a cloud-based sports management software and business services company, announced last week it secured $1.5 million in funding from Park Ten Capital through its Series A Funding round. According to the company, the latest round brings its total funding to $4 million. Upper Hand, which… Read More

April 16, 2018 @ 8:50 am By JD Alois  |  

Dow Jones VentureSource is out with their quarterly report and their numbers indicate a decline in venture capital funding during the first quarter of 2018. According to the report, investment declined by 16% in the number of funds and delivered a 29% drop in capital… Read More

April 15, 2018 @ 2:20 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has scheduled a roundtable to discuss thinly-traded exchange-listed securities, both equities and exchange-traded products. The roundtable will take place on April 23 at the SEC’s headquarters at 100 F Street, NE in DC. The roundtable is open to the public and… Read More

April 13, 2018 @ 8:19 pm By JD Alois  |  

  The Crypto Invest Summit, a cryptocurrency and blockchain investment conference, has announced that popular “crypto-trader” Ran Neu-Ner will bring his show live to the forthcoming event scheduled to take place on May 1st and 2nd. The inclusion of the show is nice addition to… Read More

April 12, 2018 @ 11:21 am By Erin Hobey  |  

Coinsource, claiming the world’s largest Bitcoin ATM network title, will expand into the Washington, D.C. metropolitan area. Coinsource will install 20 machines across the District of Columbia and Maryland after receiving significant demand from Bitcoin users and local merchants. This installation caps follows a successful… Read More