General News

September 12, 2017 @ 3:11 pm By Erin Hobey  |  

Goldman Sachs has invested in the UK consumer lender Neyber through its private capital unit by providing £100M of debt and equity financing to Neyber, a fintech start-up providing loans that are repaid out of people’s salaries, reported multiple news sources. Existing investors Gael de… Read More

September 12, 2017 @ 2:22 pm By Erin Hobey  |  

Members of the UK online investment platform SyndicateRoom now have the opportunity to partake in an upcoming IPO for The People’s Trust. The target for the raise is £125 million, with the company listing on London Stock Exchange and the Social Stock Exchange in October 2017. “We’re… Read More

September 12, 2017 @ 12:16 pm By Samantha Hurst  |  

On Tuesday, Silicon Valley Bank (SVB) and First Data announced applications are now open for the Winter 2017 Class of the accelerator program, Commerce.Innovated. This news comes just one month after the companies announced the four selected startups for the Fall 2017 program. Commerce.Innovated. is described as… Read More

September 11, 2017 @ 3:50 pm By JD Alois  |  

Equifax, the global credit rating firm, publicly acknowledged its systems had been compromised and user information had been stolen. The data breach is one of the largest of its kind ever and stands to put millions of Equifax user information at risk. In fact, 143… Read More

September 11, 2017 @ 1:12 pm By Samantha Hurst  |  

On Monday, real estate crowdfunding platform Small Change announced the Pittsburgh Technology Council has named it a Tech 50 Awards Finalist in the “Start-Up of the Year” Category. Small Change revealed that the Pittsburgh Technology Council’s annual Tech 50 Awards recognize southwestern Pennsylvania’s most successful, innovative, and… Read More

September 11, 2017 @ 9:39 am By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube has announced early access registry for its upcoming Android app. The funding portal revealed that its team has spent the past few months developing the app. “Before we release the app to the Play Store, we will be running an exclusive… Read More

September 10, 2017 @ 11:05 am By JD Alois  |  

Lend360 is an online lending / Fintech event taking place this coming October. As online lending and other forms of alternative finance have emerged as the future of the entire financial services sector, there have been a proliferation of conferences and events designed to tackle… Read More

September 9, 2017 @ 9:25 am By Samantha Hurst  |  

Earlier this week, Fintech Australia announced the Aussie country has enjoyed a spike in fintech investment during the second quarter of 2017. The organization shared the latest information from KPMG’s Pulse in Fintech report, which was released last month. According to the report, Australian fintech… Read More

September 8, 2017 @ 12:01 am By Erin Hobey  |  

Tifosy, a sports crowdfunding platform co-founded by former Italian footballer and manager GianLuca Vialli and CEO Fausto Zanetton, a former investment banker/ sports, media and tech specialist from Goldman Sachs and Morgan Stanley, aims to spearhead “a sports finance revolution” by allowing supporters to invest… Read More

September 7, 2017 @ 2:30 pm By Samantha Hurst  |  

Securrency, a RegTech company with a platform designed to streamline regulatory compliance for token offerings, announced on Thursday it has signed an extensive strategic partnership with Humaniq, an Ethereum-based Blockchain ecosystem looking to bring financial inclusion to over 2 billion unbanked people globally. According to… Read More

September 7, 2017 @ 1:47 pm By Erin Hobey  |  

The word on the street is that Jack Dorsey’s Square (NYSE: SQ) is moving into banking business with an application to form a wholly owned bank based in Utah. The unit, to be called Square Financial Services Inc., would offer loans and deposit accounts to small… Read More

September 7, 2017 @ 1:11 pm By Erin Hobey  |  

Farmaconfianza.com recently synced with Crowdcube Spain for its equity crowdfunding campaign and just surpassed its 350,000€ goal with the help of over 100 investors for the 13.12% equity offered. Founded in 2013, Farmaconfianza.com initially sold parapharmacy items online in response to a crisis situation. Since then, Farmaconfianza has… Read More

September 7, 2017 @ 12:10 pm By Erin Hobey  |  

Money transfer without borders. Smart Transfer officially launched it P2P mobile payment platform that enables international social payments across multiple currencies at no charge to users.  Aside from bank accounts, Smart Transfer allows international money transactions to be made to any phone number, email address… Read More

September 7, 2017 @ 11:02 am By Samantha Hurst  |  

One Spark announced on Thursday it is extending the Creator application deadline until midnight on next Wednesday (September 13), to give potential Creators in high-risk areas time to prepare for the threat posed by Hurricane Irma. Innovators and entrepreneurs who wish to apply for the 2017… Read More

September 7, 2017 @ 9:33 am By Samantha Hurst  |  

On Thursday, Money Rates announced its bi-annual checking account fee survey, which revealed that consumers are getting a rare break from checking account fees. According to Money Rates, the survey found that since the previous survey six months ago, service fees dropped and, the percentage… Read More

September 6, 2017 @ 6:00 am By Erin Hobey  |  

Americans and expats will soon be able to send free international money transfers, exchange currencies with the real exchange rate and spend without fees anywhere in the world, according to London-based Revolut, who announced that its pre-registration for American customers is now live. “America is… Read More

September 5, 2017 @ 12:35 pm By Erin Hobey  |  

The Berlin Insurtech company Friendsurance has now expanded its business to Australia, launching the “Cashback Bike Insurance,” the platform’s first P2P insurance solution outside of Germany. “In Germany, we have well over 100,000 customers, but that’s only the beginning. Friendsurance was from the outset was envisioned… Read More

September 5, 2017 @ 12:01 pm By Erin Hobey  |  

Service Octopus, a UK’s price comparison and online booking platform for professional cleaning services, recently launched an equity crowdfunding round on Crowdcube to fast track its growth, sales and marketing plans. The Service Octopus team has set its initial crowdfunding goal at £125,000 in exchange for… Read More

September 1, 2017 @ 2:45 pm By Erin Hobey  |  

BitClave has marked the official start date for its crowdfunding event for September 15, 2017. Since its successful presale in July, the BitClave team has been actively developing their public Alpha release, will be launching the full sale of their token, the Consumer Activity Token… Read More

September 1, 2017 @ 11:56 am By JD Alois  |  

Germany’s biggest “Founders Festival” Bits & Pretzels, which is taking place in September, has announced that last year’s highlight speaker Kevin Spacey will once again return to Munich. While he will not be participating as a keynote speaker he will be joining the event as… Read More