General News

August 8, 2017 @ 11:42 pm By JD Alois  |  

Following an appearance on Shark Tank back in 2014, Sara Margulis’ HoneyFund received backing from Kevin O’Leary (AKA Mr. Wonderful). O’Leary is spending some time on CNBC Squawk Box this week to fill in for vacations and one of the first guests on Squawk was… Read More

August 8, 2017 @ 5:35 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Division of Economic Risk Analysis (DERA), has just published a report addressing the issue of access to capital as well as market liquidity. DERA, the research arm of the SEC, was enlisted by Congress to report on the impact… Read More

August 8, 2017 @ 4:56 pm By Samantha Hurst  |  

The Centre for Finance, Technology, and Entrepreneurship (CFTE) announced on Tuesday it has formed a partnership with the Monetary Authority of Singapore (MAS) to formalize plans to expand its education initiative to ASEAN. According to the organization, the prime objective is to train finance professionals in… Read More

August 8, 2017 @ 1:44 pm By Samantha Hurst  |  

On Tuesday, Biz2Credit announced the release of its latest monthly analysis, which revealed that loan approval rates at big banks ($10 billion-plus in assets) increased to a new post-recession high in July 2017 and the loan approval percentages of institutional investors also set a new… Read More

August 8, 2017 @ 12:21 pm By Erin Hobey  |  

  It’s been quiet an exciting week for Abu Dhabi Global Market: global Fintech challenges, new alliances and partnerships. ADGM and KPMG have synced to launch the first ever FinTech Abu Dhabi Innovation Challenge on 22 October 2017 in Abu Dhabi to enable startups to… Read More

August 8, 2017 @ 11:24 am By Erin Hobey  |  

NEM.io Foundation, the creator of the P2P NEM blockchain platform providing payments, messaging and asset making, announced a sponsorship deal with Lithuanian basketball club Lietuvos Rytas. Basketball fans will now be able to purchase Rytas tickets with blockchain-supported digital currency.The NEM.io Foundation, a leader in… Read More

August 8, 2017 @ 8:40 am By JD Alois  |  

LendIt Europe, a Fintech and lending conference, and Startupbootcamp FinTech, a leading global Fintech accelerator, have announced the judging panel for the second annual PitchIt Europe competition. The startup competition will take place later this fall in London and applications are being accepted now with… Read More

August 7, 2017 @ 4:26 pm By Samantha Hurst  |  

investFeed, the next-generation social investment network that just replaced equities with blockchain based assets, completed its Token Generation Event (TGE) on Monday. The TGE closed with contributions totaling to 15,038 ETH with a market valuation of $4 million. The company revealed that the FEED tokens… Read More

August 7, 2017 @ 3:40 pm By Samantha Hurst  |  

On Monday, Indonesia-based peer-to-peer lending platform UangTeman announced it successfully secured $12 million during its Series A funding round, which was led by K2 Venture Capital, with participation from STI Financial Group and Draper Associates. Launched in April 2015, UangTeman describes itself as an online lending… Read More

August 7, 2017 @ 8:39 am By Samantha Hurst  |  

Advicent, a provider of SaaS technology solutions for the financial services industry, announced on Monday a new integration with Envestnet, a provider of an integrated portfolio, practice management, and reporting solutions used by more than 55,000 advisors nationwide. According to the companies, the new partnership… Read More

August 6, 2017 @ 8:00 am By Erin Hobey  |  

From June 7-9 Utrecht School of Economics (U.S.E.) hosted the inaugural Crowdfunding research week of the European Centre for Alternative Finance (ECAF), co-organized by U.S.E., CrowdfundingHub and Sustainable Finance Lab. 37 researchers from seven European countries spanning 21 organisations contributed to the successful event. The… Read More

August 4, 2017 @ 1:31 pm By Erin Hobey  |  

The Swap protocol, a decentralized, P2P protocol for trading Ethereum tokens, announced the launch of its token, AIR*, and its token trading platform, AIRSWAP. On October 10, 2017, AIR will be available for purchase in ether. The launch will be a demonstration of the Swap… Read More

August 4, 2017 @ 11:19 am By Samantha Hurst  |  

On Wednesday, Oxford University’s Saïd Business School announced it will launch an online short course that’s dedicated to fintech. The University launched the program with the educational technology firm, GetSmarter. The course’s description reads: “Industry experts believe that between 2 million and 6 million jobs… Read More

August 4, 2017 @ 10:52 am By Erin Hobey  |  

Readers may remember that last March, after receiving keen investor interest for its Reg CF offer, Legion M launched a Reg A+ crowdfunding round to raise a minimum amount of $500,000 on Wefunder, the first Reg A+ offer to be listed on the prominent investment… Read More

August 4, 2017 @ 8:17 am By JD Alois  |  

The UK government has proposed a  new “National Investment Fund” launched to help innovative UK start-ups become “world-leading unicorns”.  According to HM Treasury, the Fund will ostensibly fill a £4 billion funding gap between US and UK firms and boost investment into entrepreneurial firms. HM… Read More

August 3, 2017 @ 3:45 pm By Valentina Ausserladscheider  |  

At the end of June, the Cambridge Centre for Alternative Finance (CCAF) hosted its second annual conference that saw participants from the world of finance from all over the world. The conference was entitled Navigating the Contours of Alternative Finance and sought to provide a… Read More

August 3, 2017 @ 2:48 pm By Samantha Hurst  |  

Dash, a payments-focused digital currency, announced on Thursday it has formed a partnership with Bugcrowd, a crowdsourced security testing company, for cybersecurity services. Dash revealed the partnership will enable thousands of security researchers to be incentivized into identifying critical software vulnerabilities within its code and present… Read More

August 3, 2017 @ 1:59 pm By JD Alois  |  

TrackR hit Crowdfund Insider’s screen several years back at the beginning of the finder device rush. The TrackR Bravo launched on Indiegogo and quickly hit their $200K funding goal and then went much higher. While there have been many players in the item finder space… Read More

August 3, 2017 @ 1:50 pm By Erin Hobey  |  

Put your money where you mouth is. Luxembourg-headquartered Skype developed and launched Send Money, a fintech feature that allows users to transfer funds using PayPal via the latest Skype mobile app while users are “in the middle of a conversation.” Now you can pay up… Read More

August 3, 2017 @ 11:49 am By Erin Hobey  |  

Flexiti Financial, a Canadian provider of point-of-sale (POS) financing and payment technology for retailers, announced the closing of an oversubscribed $5M convertible debentures offering. A convertible debenture, a type of loan issued by a company that can be converted into stock, differs from a convertible bond… Read More