General News

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

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