General News

December 8, 2017 @ 10:42 am By Samantha Hurst  |  

On Friday, U.S. fintech and online provider of business valuation big data BizEquity announced it has formed a partnership with Envestnet,  a wealth technology platform for advisors, to offer its patented cloud-based service and product to Envestnet’s 60,000 wealth advisors through the Env 2 platform. The… Read More

December 7, 2017 @ 7:01 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), the leading global research institute for all things Fintech, has published its fourth annual survey on UK alternative finance. According to the report, entitled Entrenching Innovation: The 4th UK Alternative Finance Industry Report, the sector of emerging financial… Read More

December 7, 2017 @ 4:54 pm By Erin Hobey  |  

Seed&Spark, the subscription streaming and crowdfunding platform focused on making entertainment more diverse and inclusive, has announced a slate of crowdfunding rallies for 2018, aiming to bring hundreds of thousands of dollars in matching loans, grants and investments from prestige brands and production company partners… Read More

December 7, 2017 @ 4:28 pm By Erin Hobey  |  

Downing Crowd, part of Downing LLP, an FCA authorized and regulated investment manager with over 25 years of experience which launched in March 2016, has announced a new opportunity to lend to Oakman Bedfordshire Holdings Limited, a company that owns a freehold pub restaurant, The White Hart… Read More

December 7, 2017 @ 11:45 am By Erin Hobey  |  

Marking its 15th anniversary year, BFS Capital, a small business financing platform, has extended over $1.7 billion in financing since funding its first deal in 2002. The company also reported that over 75 percent of its originations have occurred in the last five years and more… Read More

December 7, 2017 @ 11:14 am By Erin Hobey  |  

Hot off the press! UK online investment platform SyndicateRoom launched a new report which identifies the fastest-growing business in the UK: Top 100: Britain’s Fastest-Growing Businesses. The SR Top 100 report uses a methodology by Beauhurst to rank the country’s leading startups by their increase in valuation between… Read More

December 6, 2017 @ 12:13 pm By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Seedrs announced that one of its advisors and famous British tennis player Andy Murray invested in two early-stage businesses, GoodBox and ZoomDoc. According to Seedrs, GoodBox is a company that is seeking to disrupt the charity sector. The funding portal… Read More

December 6, 2017 @ 8:00 am By Erin Hobey  |  

Kabbage, Inc., a global financial services, technology and data platform serving small businesses, has extended over $4 billion to more than 130,000 small businesses, serving the largest customer base than any online small business lender. These landmarks represent an approximate 30-percent increase in total funding… Read More

December 5, 2017 @ 12:07 pm By Erin Hobey  |  

World’s Best, a leading online destination for the luxury lifestyle, has launched a capital raise through SeedInvest to expand their offerings and continue to disrupt the luxury shopping model. At this writing, World’s Best, which is offering securities under both Reg D and Reg CF, has… Read More

December 5, 2017 @ 11:48 am By Samantha Hurst  |  

Squirrel, a personal finance app designed to help users have more control over their money, announced this week that it now processes £1 million a month. The company reported that it processed its 10 million last week. “This month we processed £1 million a month! What does… Read More

December 5, 2017 @ 8:21 am By Samantha Hurst  |  

On Monday, New York University’s Stern School of Business announced it secured $8 million to establish The Fubon Center for Technology, Business, and Innovation. The funds were given by alumnus Richard Ming-Hsing Tsai (MBA ’81), Chairman and CEO of Fubon Financial Holding Co., Ltd. together with Fubon Financial Holding… Read More

December 4, 2017 @ 9:29 am By Samantha Hurst  |  

On Monday, crowdfunding platform CrowdRise announced it has formed a partnership with celebrity video chat platform Greenroom to launch a new football charitable initiative, My Cause My Cleats. According to the duo, NFL fans who donate on CrowdRise to Philadelphia Eagles’ Carson Wentz’s AO1 Foundation have a… Read More

December 3, 2017 @ 6:54 pm By JD Alois  |  

The European Crowdfunding Network (ECN), the leading advocacy group in Europe for all things alternative finance, recently published a paper entitled, “The European Dimension of Civic Crowdfunding.” Specifically, the document discussed the potential for investment crowdfunding to boost economic effectiveness within the parameters of the… Read More

December 2, 2017 @ 9:36 am By Samantha Hurst  |  

On Friday, Monzo announced it is seeking to open a new office in the city of Cardiff. According to the challenger bank, its London office is currently bursting at the seams, with 171 people working in its headquarters and 67 working remotely. “To help us… Read More

November 30, 2017 @ 3:55 pm By Erin Hobey  |  

619 Distillery & Tasting Room, a new craft distillery and tasting room based in the heart of North Park, one of San Diego’s hip neighborhoods, has partnered with NextSeed for its  Reg C equity crowdfunding campaign.  To date, 619 has raised over $43K toward its… Read More

November 30, 2017 @ 3:45 pm By Erin Hobey  |  

Sberbank, Russia’s largest bank which  almost one third of aggregate Russian banking sector assets, is the key lender to the national economy and the biggest deposit taker in Russia. The bank has now spearheaded a Russian banking industry first: a pilot blockchain payment transaction. The transaction used… Read More

November 30, 2017 @ 1:07 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Thursday its Innovative Finance ISA (IFISA) will be available as a wrapper on all of its investment accounts, including the manual lending account. The online lender reported that the IFISA will be launched next month, with users… Read More

November 30, 2017 @ 8:39 am By Erin Hobey  |  

SyndicateRoom announced the broadening of its fund strategy with the launch of the Growth Fund, an active Enterprise Investment Scheme (EIS) fund designed to invest in select best-performing businesses that make up the platform’s growing portfolio. The new fund will sit alongside Fund Twenty8, reportedly the… Read More

November 29, 2017 @ 11:42 am By Samantha Hurst  |  

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Wednesday its RISE product has surpassed $300 million in total outstandings, with more than 130,000 open accounts. According to Elevate, RISE is a state-licensed online lender offering… Read More

November 28, 2017 @ 11:51 am By Erin Hobey  |  

Chronicled, the blockchain-based smart supply chain solutions company, recently announced Ajit Kulkarni and Abhishek Gutgutia as its new Vice Presidents of Product. Kulkarni and Gutgutia are set to fill two essential roles as Chronicled continues to expand upon its client offerings and technological capabilities in… Read More