General News

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

September 1, 2017 @ 11:38 am By Samantha Hurst  |  

Online lender SoFi announced this week its program, SoFi Accelerate, will be heading to Chicago later this month. According to the lending platform, SoFi Accelerator is the first-of-its-kind career incubator that gives “ambitious” professionals the time and space to think big – and the tools… Read More

September 1, 2017 @ 9:35 am By Samantha Hurst  |  

Online loan marketplace LendingTree announced on Thursday it has named Starbutter AI the winner of its Startup Innovation Spotlight, which showcased the top startup companies in fintech. LendingTree teamed up with LeadsCon for the event.  According to the company, the finalists presented their business plans on… Read More

September 1, 2017 @ 9:16 am By Samantha Hurst  |  

On Thursday, Plug and Play Japan announced it opened applications for its first batch of start-ups. The program is set to begin in November and the organization is seeking startups in three categories, Internet of Things (IoT), Fintech, and Insurtech.  Plug and Play Japan stated… Read More

August 31, 2017 @ 2:52 pm By Erin Hobey  |  

New York-based Starta Accelerator has launched Token Rockets, an accelerator program targeting startups working with blockchain technology. The training will culminate in a new crowdsale of cryptographic tokens for each of the startups. “One of the options for developing such startups will be the introduction of… Read More

August 31, 2017 @ 10:45 am By JD Alois  |  

Renaud Laplanche, an icon of the online lending industry, has been added as a keynote speaker to the roster of headliners at the forthcoming LendIt Europe event taking place this October. Laplanche founded LendingClub in 2006 as a peer to peer lending platform designed to… Read More

August 31, 2017 @ 9:30 am By Erin Hobey  |  

Credibly, a leading findata small and medium-sized business lending platform founded in 2010, has crossed the $500 million milestone in capital deployed to tens of thousands of SMBs across the U.S. In addition, Credibly also announced that it is now servicing BizFi’s $250 million portfolio and 5,200… Read More

August 30, 2017 @ 7:01 pm By JD Alois  |  

SeedInvest and LendIt, the roving global Fintech conference, have partnered on live crowdfunding for the upcoming LendIt Europe event scheduled for this coming October. The live crowdfunding event is being billed as a European first. LendIt Europe participants will be able to invest directly in… Read More

August 30, 2017 @ 9:19 am By JD Alois  |  

The Securities and Exchange Commission (SEC), office of Investor Education and Advocacy, is out with a note on the booming Initial Coin Offering market telling investors to beware. The ICO market has grown rapidly with estimates topping $2 billion in token sales this year alone…. Read More

August 29, 2017 @ 2:51 pm By Erin Hobey  |  

Blockchain platform TenX has become the latest member of the Enterprise Ethereum Alliance – the world’s largest open-source blockchain initiative. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Building upon the leading smart contract supporting blockchain… Read More

August 29, 2017 @ 12:13 pm By Samantha Hurst  |  

Less than one month after closing its Equity For Punks USA Reg A+ crowdfunding campaign, BrewDog announced it is set to give away 20 percent of all its profits annually through the new BrewDog Unicorn Fund. According to the UK-based brewery, 10 percent will be shared… Read More