General News

August 29, 2017 @ 11:37 am By Erin Hobey  |  

  Burger King Russia’s adoption of Waves Platform for its loyalty program shows that Distributed Ledger Technology could one day become as mainstream as burgers and fries. Fast food giant Burger King Russia has announced its new blockchain loyalty program, hosted on the Waves platform. Whoppercoin –… Read More

August 29, 2017 @ 11:16 am By Erin Hobey  |  

The Central Bank of Bahrain (CBB) has announced two entrants into its regulatory sandbox:  Tramonex, a London-based forex cash management solution for businesses and NOW Money, the Dubai-based account and remittance service for low-income workers in the GCC. “We are pleased to welcome the first… Read More

August 29, 2017 @ 9:00 am By Erin Hobey  |  

Agency 2.0, a leading LA-based crowdfunding marketing agency and Platform88, a Shanghai-based distribution, engineering, manufacturing and prototyping company announced a new strategic partnership to deliver end-to-end crowdfunding services to clients across the globe. This collaboration will enable clients access to a broad portfolio of solutions… Read More

August 28, 2017 @ 8:40 am By Samantha Hurst  |  

LATTICE80, a fintech hub owned and operated by Singapore-based private investment firm Marvelstone Group, announced on Monday it is set to open a fintech hub in London as part of its global expansion. The organization revealed that as of August 2017, its UK entity has… Read More

August 27, 2017 @ 6:01 pm By JD Alois  |  

We have another contestant for the Hall of Shame when it comes to failed pre-sale campaigns. Kanoa, a company that was attempting to compete with Apple and bring wireless earbuds to market, shut down their company this week as they encountered a one two punch… Read More

August 26, 2017 @ 1:39 pm By JD Alois  |  

We all know that Floyd Mayweather stands to make a killing in his fight with the 29 year old mixed martial arts pro Conor McGregor. But will he make a “$hit T$n” of money in this upcoming Initial Coin Offering? The Mayweather – McGregor fight… Read More

August 25, 2017 @ 2:00 am By JD Alois  |  

The 2017 shortlist of academic entrepreneurs for Scotland’s company creation competition has been announced today. The nominees represent 12 Scottish universities from across the country and 44% of this year’s finalists are female showing increased female participation versus year prior. Converge Challenge is Scotland’s leading… Read More

August 24, 2017 @ 1:15 pm By Samantha Hurst  |  

On Thursday, FolioDynamix announced its partnership with Apex Clearing to usher in a new wave of customer-centric investment technology in the wake of the Department of Labor’s Fiduciary Rule. The collaboration of the two fintech companies reportedly combines turnkey investment technology from FolioDynamix with automated and expedited… Read More

August 24, 2017 @ 12:12 pm By Samantha Hurst  |  

This week, the World Economic Forum released its latest report, Beyond Fintech: A Pragmatic Assessment Of Disruptive Potential In Financial Services. According to the organization, the report represents the culmination of three years of research into the transformation of financial services prepared by the World Economic Forum… Read More

August 24, 2017 @ 9:00 am By Samantha Hurst  |  

dLocal, a fintech company specializing in facilitating cross-border payments for global e-commerce merchants in emerging markets, announced on Thursday the launch of its payments platform in India. The company stated its newly-opened local office in New Delhi enables global e-merchants to accept and remit payments… Read More

August 23, 2017 @ 12:03 pm By Samantha Hurst  |  

On Wednesday, Biz2Credit announced it has teamed up with the Columbus Business School to host the Frontiers of Digital Finance in New York on October 2nd-3rd. According to the duo, the conference will drive a discussion among those in the industry as well as policy makers… Read More

August 22, 2017 @ 1:23 pm By Erin Hobey  |  

BTCS Inc. (OTCQB: BTCS), a blockchain technology focused company, has signed a non-binding Letter of Intent to merge with Blockchain Global Limited (formally Bitcoin Group), an Australian blockchain company, subject to a number of conditions . “As early movers in a rapidly developing industry, we’ve assembled… Read More

August 21, 2017 @ 6:00 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has become the standard by which everyone measures the growth and aggregate success of the alternative finance industry. Cambridge was the first major institution to capture a snapshot, both qualitatively and quantitatively, on the emergence of crowdfunding, online… Read More

August 17, 2017 @ 2:00 pm By Samantha Hurst  |  

Crowdfunding giant Kickstarter recently announced that for the second year it is teaming up with The Brooklyn Comedy Festival to present the annual Brooklyn Comedy Film Festival. According to Kickstarter, this year’s festival has been expanded from short films only to a week-long program that… Read More

August 17, 2017 @ 10:10 am By Samantha Hurst  |  

Global crowdfunding platform Indiegogo announced on Thursday one of its funded projects, Eversleep, secured $50,000 in flash funding through its partner, Arrow. The project raised $140,133 from 630 backers early this summer EverSleep is described as a complete all-in-one device, paired with an app, that tracks… Read More

August 16, 2017 @ 3:06 pm By Samantha Hurst  |  

On Wednesday, self-described millennial media company The Market Mogul announced it was officially extending its equity crowdfunding campaign on Crowdcube. This news comes just after the company raised more than £425,000 from more than 500 investors. The Market Mogul was founded in 2013 by CEO Rav Singh Sandhu… Read More

August 16, 2017 @ 9:54 am By Samantha Hurst  |  

On Wednesday, BJ’s Wholesale Club announced it funded all classroom projects listed by teachers in Maine through crowdfunding platform DonorsChoose.The $100,000 donation was from BJ’s Charitable Foundation and it fulfilled 165 classroom projects, benefiting 7,758 students in schools across the entire state. BJ’s stated that its donation supports a variety of projects across the entire… Read More

August 16, 2017 @ 9:36 am By Samantha Hurst  |  

LendInvest announced on Tuesday it has appointed Andy Virgo as its first Business Development Manager (BDM) for the South of England. Virgo notably brings thirty years of experience in both mortgage sales and broking to the position and will be responsible for sourcing deals across the… Read More

August 16, 2017 @ 8:44 am By JD Alois  |  

This is interesting. Nesta, the UK based non-profit foundation that focuses on innovation, believes the UK should work towards creating a cross border equity crowdfunding alliance with China. The UK has been the clear leader in online capital formation since the early days. While the… Read More

August 15, 2017 @ 10:16 am By JD Alois  |  

4thWay, a peer to peer lending comparison platform, is out with a note that cautions users on the utilization of six money comparison websites stating they display “wildly inaccurate information about peer-to-peer lending.” Neil Faulkner, co-founder and managing director of 4thWay, commented on the report; “When… Read More