General News

September 20, 2017 @ 3:00 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) is out with their 2nd annual report quantifying the growth of alternative finance for the Asia Pacific Region in 2016. Entitled, “Cultivating Growth,” the benchmarking report shows an emerging industry that grew dramatically versus year prior as it… Read More

September 19, 2017 @ 3:18 pm By Samantha Hurst  |  

55 Institutional Partners, LLC, a science and technology investment firm, announced on Tuesday it has appointed Paul Gamble as its new CEO. According to the company, Gamble brings 25 years of experience in advisory services, financial technology, retirement planning and investment management. It was also reported that Gamble… Read More

September 19, 2017 @ 2:17 pm By Samantha Hurst  |  

Global technology distributor Avnet (NYSE: AVT) announced on Tuesday it has teamed up with Dragon Innovation and Kickstarter to launch Hardware Studio. This new program includes Toolkit, a community site where creators may participate in tutorials and live webinars with industry experts before launching their… Read More

September 19, 2017 @ 1:43 pm By Erin Hobey  |  

Big news for business finance company MarketInvoice who not only is celebrating a £1.5b funding milestone but has also signed an agreement with Varengold Bank AG to provide £45m funding annually on its invoice finance platform, funding working capital solutions for businesses across the UK. “Institutions… Read More

September 19, 2017 @ 1:16 pm By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, in collaboration with KPMG, announced that 11 outstanding global FinTech firms have been shortlisted for the inaugural FinTech Abu Dhabi Innovation Challenge in October.  The selected firms are currently undergoing an intensive five-week… Read More

September 19, 2017 @ 12:24 pm By Erin Hobey  |  

Propy, the global property store and decentralized title registry, has raised $15 million from 6,597 participants in its PRO token sale to put the international real estate market on the blockchain. Prior to the start of the public sale, Propy and CEO Natalia Karayaneva secured $2 million in… Read More

September 19, 2017 @ 8:53 am By Samantha Hurst  |  

On Monday crowdfunding platform Crowdfunder UK announced the launch of its new feature, the Crowdfunder Payments System. Head of Product at Crowdfunder UK, Owen Wallis, shared details about the system: “Our current integration with Stripe is great, but we are always looking to improve the Crowdfunder.co.uk… Read More

September 19, 2017 @ 8:36 am By Samantha Hurst  |  

ID Finance, the emerging markets fintech company, has expanded its presence in Latin America with a launch into the Mexican online lending market. The announcement comes less than a year after the company launched operations in Brazil and represents another key milestone as it continues… Read More

September 18, 2017 @ 8:24 pm By JD Alois  |  

  One Spark, along with Bold Events, has decided to postpone the One Spark 2017 Innovation Festival until 2018.  Originally scheduled to take place in Jacksonville, Florida this October, organizers have made the determination the impact of Irma was just too profound to move forward…. Read More

September 18, 2017 @ 10:24 am By Samantha Hurst  |  

Last week, BrewDog announced the launch of its new equity punk forum. This news comes just a few weeks after the brewery announced it is set to give away 20 percent of all its profits annually through its Unicorn Fund. “Our army of Equity Punks… Read More

September 16, 2017 @ 9:33 pm By Samantha Hurst  |  

Earlier this week, Crowdcube alum and challenger bank Monzo announced it was asking the Monzo Community to decide on ATM fee pricing. It was revealed: “We launched the Monzo Alpha back in October 2015 to a few hundred people. At the time, we said ‘we’re committed to launching… Read More

September 14, 2017 @ 9:27 pm By Samantha Hurst  |  

AI platform for data science and machine learning CrowdFlower announced on Thursday the first round winners of the “AI For Everyone” Challenge. The winning proposal, which receives $1 million, are computer vision projects that will label millions of images to build the largest collection of… Read More

September 14, 2017 @ 4:12 pm By JD Alois  |  

LEND360, an online lending industry annual event, has formed a “Small Business Lending Advisory Committee” made of of industry participants. LEND360 organizers state that they have always had a strong focus on business lending, and the forming of this committee is a natural progression of… Read More

September 14, 2017 @ 2:30 pm By Samantha Hurst  |  

On Thursday, AlliedCrowds released the second edition of its Developing World Alternative Finance report. In the latest report, AlliedCrowds examine impact investing in Africa and looked closer at Somalia’s impact landscape. “Development finance is moving from grants and donations to loans and investments, and impact investing is… Read More

September 14, 2017 @ 1:04 pm By Erin Hobey  |  

Fresh from its successful $29M Series A funding round, Next Insurance, a US digital insurtech company for small businesses, has launched a free online portal that will provide small businesses with increased visibility and control over their insurance policies at any time. The new online… Read More

September 14, 2017 @ 11:46 am By Erin Hobey  |  

The FinTech Center of South Korea, chaired by Yushin Jung, held its 20th FinTech Demo Day. In the day’s event, relevant personnel from the Financial Services Commission, Financial Supervisory Services and relevant organizations as well as overseas FinTech support organizations, VCs and Accelerators participated to… Read More

September 14, 2017 @ 11:30 am By Samantha Hurst  |  

Less a month after failing to secure its $500,000 funding target on crowdfunding platform for games Fig, Sirlin Games announced Fantasy Strike begins round one with its release on Steam Early Access for Windows and Mac later today. The game’s description reads: “Fantasy Strike focuses on the fundamentals… Read More

September 14, 2017 @ 11:18 am By Samantha Hurst  |  

Apttus, a Silicon Valley unicorn that provides the first and only platform to combine end-to-end Quote-to-Cash business process automation with behavior applications and artificial intelligence to enable customers to maximize revenue, announced this week it has raised a $55 Million Series E funding round, which… Read More

September 12, 2017 @ 7:01 pm By JD Alois  |  

Keynote Speakers at LendIt Europe Include: Anthony Jenkins, Renaud Laplanche, Anne Boden, Jaidev Janadarna and more. LendIt Europe, the European event series covering Fintech and lending, has shared its keynote speakers for this years. LendIt expects more than 120 speakers will take to the stage… Read More

September 12, 2017 @ 3:24 pm By Samantha Hurst  |  

On Tuesday, crowdfunding portal for video games Fig announced one of its succeesses, Trackless, is now available on gaming platform, Steam. The game, which was created by 12 East Games, hit Fig last year and raised $21,790 from 465 backers. As previously reported, Trackless is described as an atmospheric… Read More