General News

April 5, 2018 @ 8:47 am By Erin Hobey  |  

Etherparty Smart Contracts Inc., a Vancouver blockchain tech company, is now accepting applications for its Rocket Three for Free contest, which will offer three projects or startups the opportunity to win full use of Etherparty’s new cryptocurrency crowdfunding platform, Rocket, free of charge. Founded by Lisa… Read More

April 5, 2018 @ 6:19 am By Adrienne Gonzalez  |  

“The world’s largest social fundraising platform” is about to get even larger, GoFundMe has just acquired rival YouCaring. The acquisition was announced late Tuesday in a pair of blog posts on the respective platforms. “It became clear to both us and them over the last… Read More

April 4, 2018 @ 10:44 am By Erin Hobey  |  

Y-Combinator-backed Request Network Foundation launched its cryptocurrency payments service which allowing users to send and request payments or make money transfers in cryptocurrencies. “We’re very excited to see the ways in which developers connect with the technology, and use it to make cryptocurrency payments mainstream,… Read More

April 4, 2018 @ 10:12 am By Erin Hobey  |  

Around the Ides of March, Google (following in Facebook’s footsteps) banned all cryptocurrency advertising, effective June 2018. Crowdfund Insider reported that in 2017 alone Google blocked 3.2 billion ads from its platform. Now Chrome has added to its Developer Program Policies a ban that prohibits products… Read More

April 4, 2018 @ 9:08 am By Erin Hobey  |  

GoFundMe, the social fundraising platform, has acquired the personal fundraising site YouCaring, furthering the company’s mission to help people turn compassion into action. During this transition, current YouCaring fundraisers can continue to collect donations and will have the opportunity to migrate to the GoFundMe platform. New fundraisers… Read More

April 3, 2018 @ 12:41 pm By Erin Hobey  |  

Funding Circle, a leading small business loans platform, has expanded its U.S. operations with a second office in Denver, Colorado. With the move Funding Circle will look to hire around 290 new employees in the Denverarea over the next two years to support the company’s… Read More

April 3, 2018 @ 12:28 pm By Erin Hobey  |  

2018 continues to be an exciting year full of innovation and successful funding rounds for Mobius. In January 2018, the company reportedly raised $35 million, claiming the “largest pre-sale of 2018.”  Then came the record MOBI initial coin offering public sale which sold out in two hours…. Read More

April 3, 2018 @ 10:53 am By Erin Hobey  |  

Digital payments services are now live on India’s Microsoft Kaizala. By integrating the payment and both organizations’ mobile payment infrastructure services of Yes Bank and MobiKwik, Microsoft Kaizala users may swiftly send or receive money without having to leave the Kaizala mobile app. With Microsoft Kaizala, users will… Read More

April 2, 2018 @ 4:00 am By Cali Haan  |  

Author’s note (August 22, 2019): I came upon this article I wrote early on in recent days, and would like to add that I am considerably less enthused now about cryptocurrencies than I was when I wrote th9s article- as I hope we all are…. Read More

March 29, 2018 @ 3:00 pm By Samantha Hurst  |  

RSM US LLP (“RSM”), a provider of audit, tax and consulting services focused on the middle market is pleased to announce on Wednesday it has formed a partnership with global innovation platform, Plug and Play. RSM reported that as a strategic founding partner for Plug and Play’s… Read More

March 29, 2018 @ 2:03 pm By JD Alois  |  

The US Small Business Administration (SBA), Office of Advocacy, is out with a report reviewing the status of small business crowdfunding. According to the SBA, equity crowdfunding was particularly popular among very young firms. Nearly a third of firms were six months or younger when… Read More

March 29, 2018 @ 2:00 pm By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has been named founding partner of FinTech Scotland, which is described as a newly-established company tasked with promoting Scotland as a global fintech hub.  Since 2012, Avaloq reports… Read More

March 29, 2018 @ 12:00 pm By Samantha Hurst  |  

On Wednesday, Credit Karma announced it secured a $500 million strategic secondary investment from technology investment firm Silver Lake. According to Credit Karma, Silver Lake will acquire a significant minority in the company. Founder and CEO Kenneth Lin will remain the largest shareholder, and together with co-founders Nichole… Read More

March 29, 2018 @ 11:32 am By Erin Hobey  |  

Starling Bank, after recently being voted the Best British Bank, has reportedly become the first fully licensed mobile-only bank to launch business accounts for small businesses and entrepreneurs in the UK. Starling’s app aims to allow small business owners to open an account in less than… Read More

March 29, 2018 @ 10:46 am By Erin Hobey  |  

Progressive fashion line United Colors of Benetton in Lithuania has officially started accepting cryptocurrencies via CopPay, a Lithuanian-based multiсryptocurrency payment platform for businesses, consumers and community. CopPay’s international payment processing system aims to help store owners avoid losses due to the volatility of the exchange rate… Read More

March 28, 2018 @ 3:40 pm By Erin Hobey  |  

Hedderwick Limited has partnered again with Downing Crowd to revitalize UK pub culture.  In recent months, Downing Crowd also celebrated successful rounds with Oakman Inn’s The White Hart and Downoak Pub. This is an opportunity to lend to Hedderwick Limited and earn a fixed interest rate of… Read More

March 28, 2018 @ 2:36 pm By Erin Hobey  |  

Kabbage, Inc., a global financial services, tech and data platform serving small businesses, analyzed the lending behavior of nearly 150,000 small businesses — sourcing its own customers — noting a steadily increasing growth in mobile lending. The total number of loans accessed through mobile increased… Read More

March 28, 2018 @ 10:04 am By Erin Hobey  |  

CoinDesk, Inc, a digital media, events and information services company for the crypto and blockchain community, has partnered with South Korean daily newspaper The Hankyoreh to help launch the new CoinDesk Korea. With the new partnership, The Hankyoreh will translate and distribute CoinDesk’s daily news in Korean,… Read More

March 26, 2018 @ 7:51 am By JD Alois  |  

Purplebricks Group plc (AIM: PURP), a “hybrid estate agent,” has received a £125 million strategic investment from German conglomerate Axel Springer via its subsidiary of Fünfundachtzigste Vermögensverwaltungsgesellschaft mbH. Following the investment, Axel Springer will own approximately 11.5% of Purplebricks. Concurrently, Purplebricks will appoint Dr Andreas… Read More

March 25, 2018 @ 8:00 pm By JD Alois  |  

FinTech Australia has extended the deadline for nominations regarding the 2018 Finne Awards. The new deadline is now midnight April 8th.  Judging is scheduled to take place immediately after the deadline with finalists notified on Monday, May 7th. It all comes together for the gala… Read More