General News

April 12, 2018 @ 10:02 am By Erin Hobey  |  

Investment manager Downing LLP has launched of a new bond on its crowdfunding platform, Downing Crowd, paying 7.6% p.a. interest to investors by lending £10M to projects across the UK’s reserve power market. [clickToTweet tweet=”.@Downingcrowd Reserve Power Bond will enable investment of up to £10M in… Read More

April 12, 2018 @ 4:00 am By Cali Haan  |  

Shortly into CryptoChicks Female-Focussed Hackathon and Conference held April 6-8 in Toronto, Neufund CEO Zoe Adamovicz called out the insignificant presence of females at most blockchain conferences she attends. The North American Bitcoin Conference, for example, held January in Miami, featured just 3 out of… Read More

April 11, 2018 @ 9:20 pm By Cali Haan  |  

On Tuesday, April 10th, 22 European countries signed an declaration vowing to cooperate as partners in the development and deployment of blockchain tech across European jurisdictions. According to the declaration, “Cooperation on a European Blockchain Partnership,” earnest efforts to “reaffirm” Europe’s “leading role” globally in blockchain… Read More

April 11, 2018 @ 11:51 am By Cali Haan  |  

Members of the luxury set fond of cryptocurrencies are now able to purchase, log and transact a number of their favorite items using decentralized digital money and ledgers. Japanese luxury car reseller L’Operaio announced at the the end of March that they’ll accept Bitcoin at… Read More

April 10, 2018 @ 12:32 pm By Erin Hobey  |  

Today at Lendit, Lend Core Inc., parent company to NSR Invest and LendingRobot, announced the close of its first external financing round with FinSight Ventures. The investment will help the company expand its investor outreach, accelerate product development and strategic partnerships. [clickToTweet tweet=”Live from @Lendit: @NSRInvest… Read More

April 10, 2018 @ 12:19 pm By JD Alois  |  

LendIt returned to San Francisco this year as it continues with its annual conference which is one of the largest Fintech focused events in the US. This year’s event is a bit different for several reasons. First of all, more traditional banks showed up in… Read More

April 10, 2018 @ 11:54 am By Erin Hobey  |  

Finitive LLC, a fintech platform providing institutional investors with direct access to alternative lending investments, announced today the launch of its zero-fee platform. Co-founded by Caroline Hayes, Jon Barlow, Christopher Johnson, Raman Kannan and George Kaouris in August 2017, Finitive has reportedly received commitments for transactions with an aggregate capacity… Read More

April 9, 2018 @ 2:44 pm By Erin Hobey  |  

CapitalRise.com, the online property finance marketplace, has successfully closed Farrier’s Way, its fastest investment raise to date, with two-thirds of investors using the ISA to benefit from tax free returns. The investment proved incredibly popular and the full amount of £1.4 million was funded by… Read More

April 9, 2018 @ 2:35 pm By Erin Hobey  |  

While some fintechers have announced that brick and mortar banks are dead, others are emulating key features of traditional banks. Fintech behemoth PayPal is reportedly rolling out its new innovations that harken back to mainstream brick and mortar banks. According to wsj.com, PayPal has been… Read More

April 9, 2018 @ 2:03 pm By Erin Hobey  |  

Crypto fever continues…. According to a recent Bloomberg Technology post, George Soros and his $26 billion family office is now preparing to trade cryptocurrencies, shifting from his January World Economic Forum assessment that digital assets were a “bubble. Adam Fisher, who oversees macro investing at New York-based Soros… Read More

April 9, 2018 @ 1:37 pm By Erin Hobey  |  

FrontFundr, the leading Vancouver-based Canadian online investing platform, utilizes its online exempt market dealer (EMD) status plus its modern technology to enable users across Canada to invest in innovative growth businesses in under 12 minutes and starting from $250. “We are pleased to announce that… Read More

April 9, 2018 @ 1:03 pm By Erin Hobey  |  

Nova Credit, based in San Francisco and backed by Index Ventures, First Round Capital, NYCA and Core Innovation Capital, has partnered with Transunion to serve creditworthy newcomers to Canada who may otherwise miss out on credit opportunities due to a lack of Canadian credit history…. Read More

April 9, 2018 @ 12:51 pm By Erin Hobey  |  

Online lender Lendio has reportedly facilitated nearly $60 million in loans through its lender turndown program. Lendio’s lender turndown program allows lending partners to offer a marketplace of loan options to customers that do not fit the lender’s credit box; this allows lenders to turn a… Read More

April 9, 2018 @ 12:32 pm By Erin Hobey  |  

CNote​, has shared that in just 10 months, its members have helped to create or maintain more than 1,000 jobs across the US. CNote aims to helps increase economic opportunity by investing in federally-certified community lenders that fund female and minority entrepreneurs, affordable housing, and… Read More

April 9, 2018 @ 7:43 am By Samantha Hurst  |  

SenseTime, a Chinese artificial intelligence (AI) company, announced on Monday it raised $600 million during its Series C round of funding, which was led by the Alibaba Group with participation from  Temasek and Suning. This round of funding comes less than a year after the company raised $410 million through its… Read More

April 8, 2018 @ 9:21 pm By JD Alois  |  

The 36 Annual SEC Small Government Business Forum on Small Business Capital Formation took place last November in Austin, Texas. This past week, the SEC published the final report which includes the list of recommendations as prioritized by the participants in this yearly gathering between… Read More

April 6, 2018 @ 7:18 am By JD Alois  |  

In Finland, investments into startups has hit a record high of €349 million. A report provided by the Finnish Business Angels Network (FiBAN) and the Finnish Venture Capital Association (FVCA) provide the data on the rise in backing early stage Finnish firms. According to the… Read More

April 5, 2018 @ 1:19 pm By Erin Hobey  |  

In an effort to identify key innovators in fintech, the LATTICE80 team has created “top” Fintech influencers lists in Europe, Asia and the Middle East.  The Fintech Hub’s  lists are prefaced with sector highlights. Let’s start with Europe: “The Fintech industry in mainland Europe and… Read More

April 5, 2018 @ 11:16 am By Erin Hobey  |  

Digital currency exchange guidelines at last! Australia has implemented new legislative guidelines aimed at regulating digital currency exchange businesses. Enacted earlier this week, the new regulations require cryptocurrency exchanges in the country to comply with requirements outlined in the Anti-Money Laundering and Counter-Terrorism Financing Act… Read More

April 5, 2018 @ 10:53 am By Erin Hobey  |  

WISeKey International Holding Ltd ( SIX: WIHN), a global cybersecurity and IoT company, will launch its WISeCoin in Q4 2018. WISeCoin will be funded by an ICO with forthcoming private pre-sales starting in Q3 2018. The company expects high demand for WISeCoin. Founded by Chairman… Read More