General News

October 16, 2017 @ 11:14 am By JD Alois  |  

Dow Jones has just released its quarterly report on Venture Capital in Europe.  According to their tally, venture capital declined both in regards to funds raised and investment activity during the 3rd quarter. Both the number of funds and amount raised by European VC funds decreased… Read More

October 13, 2017 @ 4:33 pm By JD Alois  |  

LendIt Europe took place in London earlier this week with around 1000+ attendees participating including a good showing of regular suspects and an emerging group of early stage, aspiring Fintech firms. For both presenters and attendees the backdrop of the Brexit decision and the uncertainties… Read More

October 13, 2017 @ 9:54 am By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Friday it has formed a partnership with RS Component’s DesignSpark. This news comes less than three months after the funding portal announced its collaboration with RS Component.  “DesignSpark and RS Components are proud to be working with Crowdcube to… Read More

October 12, 2017 @ 3:58 pm By Samantha Hurst  |  

 OTC Markets Group Inc.(OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced that Continental Stock Transfer & Trust has joined OTC Markets’ Transfer Agent Verified Shares Program. The organization revealed it launched the Transfer Agent Verified Shares Program initiative with the goal of… Read More

October 12, 2017 @ 2:04 pm By Samantha Hurst  |  

American Express (AMEX) announced on Thursday the launch of a new addition to its suite of business financing products, which are designed to help businesses with access to working capital and short-term financing, Business Loans. According to the financial service giant, Business Loans now gives small businesses… Read More

October 12, 2017 @ 1:56 pm By Erin Hobey  |  

Private investors may now participate in a new equity crowdfunding real estate round for a mortgage of residential buildings in Darmstadt / Frankfurt area of Germany.  “Wohnen Im Village 11” on zinsbaustein.de features ten semi-detached houses and one detached house.  Private investors can participate in the… Read More

October 12, 2017 @ 1:11 pm By Erin Hobey  |  

Earlier this year Crowdfund Insider spoke to CEO Pete Martin about Votem and its own securing public, private and proxy global election systems, which builds on a blockchain-based solution giving democracy back to the people with a swift, safe and secure electoral process. As expected, other platforms… Read More

October 12, 2017 @ 12:37 pm By Erin Hobey  |  

UK online investment platform SyndicateRoom has supported Warwick Audio in a £2.2M funding round, as part of a larger financing activity bringing in more than £3M to the company. The funds will support Warwick Audio as it prepares to push its patented technology into the… Read More

October 12, 2017 @ 12:04 pm By Erin Hobey  |  

Orca, an independent whole of market research service for UK P2P lending, has created a comprehensive guide for investors evaluating P2P lending. “Peer-to-Peer Lending Investor Guide: Innovating an Ancient Credit Model” was created by the Orca team and published on their website today, free to… Read More

October 11, 2017 @ 3:43 pm By Samantha Hurst  |  

Elevate Credit, Inc., a tech-enabled provider of online credit solutions for non-prime consumers, announced on Wednesday its RISE product is now offering lines of credit in the state of Tennessee. This news comes just after the product’s successful line of credit launch in Kansas and it makes Tennessee the 17th state that… Read More

October 11, 2017 @ 2:29 pm By Samantha Hurst  |  

On Wednesday, digital alternative provider Finova Financial announced the launch of an industry-first prepaid card, the Finova Automobile-Secured Prepaid Card. The company stated that unlike traditional prepaid cards, the Finova Prepaid Card allows consumers to use cash or equity from their automobile to fund the… Read More

October 10, 2017 @ 2:05 pm By Samantha Hurst  |  

The State Bank of India (SBI) announced on Tuesday it has formed a partnership with Moody’s Analytics to provide bank-wide credit certification to SBI’s employees enabling them to source, appraise, and monitor loans faster. According to SBI, the initiative enhances the bank’s market-leading credit curriculum with the globally recognized expertise of Moody’s Analytics. It also… Read More

October 10, 2017 @ 1:17 pm By Erin Hobey  |  

OpenInvest, an online investment advisor empowering individuals to drive social change with their dollars, today launched its first iPhone app that features “the world’s first digital democracy,” the ability to vote in the shareholder resolutions with a simple swipe. The Y Combinator and Andreessen Horowitz-backed socially responsible investing… Read More

October 10, 2017 @ 12:36 pm By Samantha Hurst  |  

On Tuesday, Deutsche Bank announced it has started implementation for its Artificial Intelligence- Client Communication Center (AI-C³), which will be based on IBM Watson in the German language. While sharing details about AI-C³, the bank revealed: “Deutsche Bank has completed successfully internal Proof-of-Concepts with the IBM partner… Read More

October 10, 2017 @ 12:15 pm By JD Alois  |  

Alon Goren, a long time participant in the alternative finance sector and co-founder of the Crowd Invest Summit (CIS), announced in an email he has joined the venture capital group Wavemaker Partners. The VC firm was founded by Eric Manlunas, David Siemer and Paul Santos, Managing Partner…. Read More

October 10, 2017 @ 11:57 am By Erin Hobey  |  

Business finance company MarketInvoice observed record quarterly demand for invoice finance from UK businesses in Q3 2017. £196.2m worth of invoices were funded in the quarter, of which £74.1m was funded in August alone – a record month for MarketInvoice, providing UK businesses with critical… Read More

October 10, 2017 @ 9:01 am By Samantha Hurst  |  

On Tuesday, education platform CFTE announced it is launching a new online fintech foundation course called Around Fintech in 8 House. According to the platform, the course has been notably designed to give professionals that are working in the finance industry a solid understanding of… Read More

October 9, 2017 @ 10:22 am By Erin Hobey  |  

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out in Guidance its approach to Initial Coin/Token Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). The FSRA’s full approach to ICOs and virtual currencies is clarified here…. Read More

October 9, 2017 @ 10:04 am By Erin Hobey  |  

WiseAlpha, a UK fixed income platform which gives everyday investors access to corporate bonds issued in the institutional debt market, has launched an innovative retail bond product called Smart Interest enables investors to customize their rate of interest between 3% and 8% per annum with investment… Read More

October 9, 2017 @ 2:00 am By JD Alois  |  

PeerIQ, a deep data platform that bridges lenders and the capital markets, periodically publishes a report that provides a unique view into the alternative lending sector. The company is out with their Q3 report that delivers a point in history perspective on online lending. Ram Ahluwalia,… Read More