General News

November 17, 2017 @ 3:51 pm By Samantha Hurst  |  

Victory Park Capital (VPC), a Chicago-based investment firm focused on private middle-market debt and equity investments, announced on Wednesday it has appointed formed Capital One executive, Troy Jamison as its first Chief Risk Officer.  Jamison will reportedly oversee the assessment and management of risk within the firm’s… Read More

November 17, 2017 @ 1:51 pm By Samantha Hurst  |  

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday it published its 2017 Women FinTech Powerlist. The initiative is a celebration of the achievements and talent of women across the FinTech ecosystem as they continue to play a crucial role… Read More

November 17, 2017 @ 11:02 am By Erin Hobey  |  

WorldRemit has become the first Official Online Money Transfer Partner of the Premier League club, Arsenal. The digital money transfer business, formed by a UK-based entrepreneur from Somaliland, has joined forces with Arsenal to accelerate the company’s growth and help more people save money on… Read More

November 17, 2017 @ 4:55 am By Erin Hobey  |  

Speakly, a tech-based language learning solution, has partnered with Seedrs for a €90,007 fund raise for 10.00% equity offered. The UK-based is pre-valued at €810,000. Successful angel-investor Sonny Aswani has backed Speakly. Co-founded by Ott Ojamets in 2012, Speakly aims to ignite a language learning revolution by bringing 21st century… Read More

November 15, 2017 @ 9:04 am By Erin Hobey  |  

Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding unveiled today its proprietary Artificial Intelligence driven due diligence system, Crowdo ACE, aimed at benefiting both their borrowers and investors. Crowdo ACE takes into account a few thousand unconventional and alternative attributes and… Read More

November 15, 2017 @ 8:58 am By Samantha Hurst  |  

Fintech Innovators, a collaboration between fintech investment firm H2 Ventures and KPMG Fintech, announced on Wednesday the 2017 Fintech100. Fintech Innovator revealed that The Fintech100 were selected following extensive global research and analysis based on data relating to five factors. Two criteria are related to capital… Read More

November 15, 2017 @ 8:28 am By Erin Hobey  |  

INS, the decentralized ecosystem for the grocery market, today announced integration of the Bancor Protocol, a standard for autonomously convertible blockchain cryptocurrencies, to offer inter-chain liquidity to INS holders via Bancor’s Smart Tokens. INS will create a unique type of Smart Token called a Token Relay… Read More

November 15, 2017 @ 7:27 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is awarded “The Financial Centre of the Year (MENA)” for 2nd consecutive year by the Global Investor/ISF publication at the annual MENA Capital Markets Summit & Awards in Dubai. This accolade, presided by… Read More

November 15, 2017 @ 7:00 am By Erin Hobey  |  

WePay, an integrated payments provider for online platforms, released new data that shows a majority of US-based SMBs end the calendar year with at least one significant payments challenge which severely impacts their business. Conducted in partnership with Survata, an independent research firm, WePay polled more… Read More

November 15, 2017 @ 6:48 am By Erin Hobey  |  

India saw a 20% increase in spends during Diwali compared to the previous quarter reported Walnut, a leading personal finance app based in India, suggesting strong consumer demand and “festive cheer.” ‘Tis the season! The app revealed interesting insights on consumers’ spending habits during this festive… Read More

November 14, 2017 @ 5:15 pm By Timothy Li  |  

I arrived in Dallas, Texas, the night before 2017’s Lend360. A conference catering to lenders, investors and vendors in the online lending space. It started out as OLA (Online Lenders Alliance) a number of years ago. Next year, Lend360 will take place in Chicago, one… Read More

November 14, 2017 @ 12:45 pm By Erin Hobey  |  

Blackmoon Crypto, a fintech blockchain-based company that raised $30 million during its ICO for its BMC token in September, has linked with global law firm Allen & Overy LLP to help establish the legal infrastructure that will serve as the backbone for Blackmoon’s crypto and… Read More

November 14, 2017 @ 11:33 am By Samantha Hurst  |  

Banco BNI Europa announced on Tuesday it has formed a partnership with Edebex to launch an online platform for the purchase and sale of invoices to Portuguese companies with cash requirements, offering an innovative alternative to financial credit and traditional factoring. While sharing details about the… Read More

November 14, 2017 @ 11:13 am By Erin Hobey  |  

JustBeagle, a legal tech startup all-of-market legal services comparison site aiming to  transform traditional approaches to the purchase of legal services today announced it has raised £970,000 in seed round financing from high-net worth investors. Online crowd funding investment platform SyndicateRoom supported the raise by… Read More

November 12, 2017 @ 3:19 pm By JD Alois  |  

There are now 34 FINRA approved crowdfunding platforms leveraging Title III of the JOBS Act, widely called Reg CF. The number of Reg CF portals is inching higher having added 5 approved platforms since this past summer (after revoking Ufundingportal ‘s certification). Under Reg CF an… Read More

November 10, 2017 @ 5:00 am By Erin Hobey  |  

UK online investment platform SyndicateRoom has published The Due Diligence Guide for Investors, a document which aims to empower investors to make more informed choices when putting together their portfolio of early-stage investments. The guide, which has been created in collaboration with long-standing equity crowdfunding commentator Rob Murray… Read More

November 10, 2017 @ 1:30 am By JD Alois  |  

There is a growing number of women in the finance industry – even more so in alternative finance. The UK, via HM Treasury’s Women in Finance Charter, is actively pursuing the promotion of women executives in this vitally important sector of business. According to HM… Read More

November 9, 2017 @ 4:38 pm By JD Alois  |  

The Federal Reserve is out with a disconcerting report regarding the peer to peer lending or marketplace lending industry. According to the authors, Yuliya Demyanyk at the Cleveland Federal Reserve, Elena Loutskina at the University of Virginia, and Daniel Kolliner at the University of Maryland, peer… Read More

November 9, 2017 @ 1:28 pm By Erin Hobey  |  

The European P2P platform specializing in short-term investments and founded and owned by entrepreneur Sergey Sedov, Robo.cash marked the start of the Q4 2017 with a record growth of its investors’ number by having attracted 32% more the average figure and came closer to hitting… Read More

November 8, 2017 @ 2:29 pm By Samantha Hurst  |  

On Wednesday, Indiegogo announced STEMosaur, a smart toy and learning tool for young entrepreneurs, coders, and engineers, is the latest crowdfunding project to receive flash funding from Arrow as part of the Arrow Certification Program. The project secured $125,000 in the flash funding. According to Indiegogo,… Read More