General News

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

November 28, 2017 @ 10:40 am By Erin Hobey  |  

Over 840 investors have rallied more than 1,893,900€  for northern Germany’s chic Weissenhaus Grand Village Resort & Spa am Meer second Companisto campaign. The hotel also recently celebrated its second Michelin star for Weissenhaus’ fine dining restaurant Courtier. This two-star rating can be found in the… Read More

November 28, 2017 @ 8:44 am By Samantha Hurst  |  

On Monday, Crowdfunder UK announced it has teamed up with Propel by Deloitte for a new initiative that supports exporting businesses. The crowdfunding platform revealed that it and Propel are looking to offer five businesses that are currently exporting, or looking to do so in the future, the chance to… Read More

November 27, 2017 @ 11:23 am By Samantha Hurst  |  

On Monday, UK-based fintech firm Humaniq announced it has formed a partnership with regtech Coinfirm to build an even better digital experience for users of the Humaniq application using the cutting-edge AML solutions. According to Humaniq, it and Coinfirm are aiming to provide complete solutions for the world’s… Read More

November 26, 2017 @ 6:00 am By JD Alois  |  

Seedcamp has just closed a £41M seed fund to invest in 100 new startups across Europe on their 10 year anniversary. The fourth fund is two times larger than the last Seedcamp fund and is said to be backed by 60 leading corporates, VCs and fund… Read More

November 24, 2017 @ 2:09 pm By Erin Hobey  |  

Finished that turkey sandwich and thinking about your next meal? Hungry for investment? Want to support former U.S. military members? Want to provide some hurricane relief and renewal to Houston? Look no further. Pokéology restaurant group specializes in serving Hawaiian poke, a simplified version of… Read More

November 24, 2017 @ 1:00 pm By Erin Hobey  |  

Crowd Bonds, a type of debt-based crowdfunding, are gaining traction in the healthcare investment sector with a particular focus on high quality care homes, according to UK crowdfunding platform Downing Crowd. Downing Crowd itself has launched a new £2.5 million Crowd Bond for two established care… Read More

November 24, 2017 @ 12:36 pm By Erin Hobey  |  

A subtle hint for our American readers, the day after Thanksgiving… Grab your turkey sandwich and read about Clubs DiR, Catalonia’s leading fitness chain. DiR closed its third equity crowdfunding funding round on Crowdcube Spain, this one to fund its a 477,420-EUR funding round to… Read More

November 24, 2017 @ 10:39 am By Samantha Hurst  |  

Allianz X, the venture unit of the German-based Allianz Group, announced on Friday strategy and leadership changes intended to prepare the entity for long-term success. According to Allianz X, given the shift in strategy, the venture unit will discontinue its early-stage company building activities and focus… Read More

November 24, 2017 @ 9:30 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform RateSetter announced on Friday it has appointed Richard Steele as its regional manager for the Midlands. According to the online lender, Steele has more than 15 years of business lending experience and prior to joining RateSetter, he held the relationship manager… Read More

November 24, 2017 @ 8:45 am By Samantha Hurst  |  

Online lending platform Funding Circle announced on Thursday that it is set to roll out its ISA on November 30th (next Thursday) to all current investors. The lender reported that the ISA launch means that investors will soon be able to earn “attractive, stable returns tax-free.” Funding… Read More