General News

July 27, 2017 @ 2:51 pm By Samantha Hurst  |  

CircleUp, an investment crowdfunding platform that targets early stage consumer product companies, announced on Wednesday the roll out of its new credit advisors affiliate. The platform revealed that through CircleUp Credit Advisors approved companies may receive revolving lines of credit that are backed by their… Read More

July 27, 2017 @ 11:44 am By Erin Hobey  |  

Financeit, a point-of-sale financing provider, has expanded its executive team with two new Vice Presidents: VP of Sales Ryan D’Souza and VP of Human Resources Jennifer Honey Brannon. Following a successful year that included the acquisition of TD Bank Group’s indirect home improvement assets by Financeit… Read More

July 27, 2017 @ 11:07 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre of Abu Dhabi, Labuan International Business and Financial Centre (Labuan IBFC) and Labuan Financial Services Authority (Labuan FSA) have entered new partnerships to foster greater collaboration on joint financial activities and regulatory practice that support the… Read More

July 27, 2017 @ 10:26 am By Erin Hobey  |  

UK Online investment platform SyndicateRoom has offered members the opportunity to take part in a retail bond offer for LendInvest, the leading marketplace for property lending and investing. To recap, under the offer, LendInvest proposes the issue of sterling-denominated 5.25% fixed-rate retail bond notes, which… Read More

July 25, 2017 @ 7:03 pm By Amy Wan  |  

My Facebook Messenger was blowing up this afternoon. “OMG Have you seen this?” “What does this mean?” “Can you explain what this says in stupid people talk?” They were all referring to today’s SEC  announcement on ICOs. So, I’ll take 15 minutes from what was… Read More

July 25, 2017 @ 12:42 pm By Erin Hobey  |  

Seed&Spark has made its niche within film industry crowdfunding, raising over $7M for film projects since launching in 2012 under the helm of CEO & Founder Emily Best. The platform is currently hosting a crowdfunding rally for national filmmakers in partnership with Mark Duplass.  The… Read More

July 25, 2017 @ 11:51 am By Erin Hobey  |  

U.S. electronic cash transaction network PayNearMe has partnered with Blackhawk Network (NASDAQ:HAWK), a global fintech company specializing in connecting brands and people through branded value solutions. PayNearMe now offers consumers the ability to pay with cash for rent, bills, online purchases and other goods and… Read More

July 25, 2017 @ 11:32 am By Erin Hobey  |  

DailyPay, a financial solutions company that aims to reduce employee turnover and increase retention through instant access to wages, today announced its one millionth payment made through the company’s platform. DailyPay experienced a rapid growth trajectory with its customer base growing at 30 percent month… Read More

July 25, 2017 @ 11:14 am By Erin Hobey  |  

Morgan Stanley Investment Management (NYSE: MS) has invested in iCapital Network, a fintech platform that aims to democratize alternative investments for high-net-worth individuals and their financial advisors. Morgan Stanley’s investment, together with investments from UBS Financial Services, Inc. (NYSE: UBS) and lead investor BlackRock (NYSE:… Read More

July 25, 2017 @ 10:56 am By Erin Hobey  |  

UK SME lender Growth Street has brought on board a new Director of Sales, Head of Relationship Management and Business Development Manager as the firm’s expansion continues. The new appointments bring a wealth of sector experience to Growth Street. Chan Purewal, formerly of Boost Capital and… Read More

July 25, 2017 @ 10:29 am By Samantha Hurst  |  

Credit score firm Aire recently secured $5 million during its Series A funding round led by Sunstone Capital with participation from White Star Capital. The company states it gives people a new credit to help them qualify for essential financial products. It is authorized and… Read More

July 24, 2017 @ 10:45 am By JD Alois  |  

Crowd Dialog Europe 2017 will take place in Athens, Greece this coming September. The EU sponsored event will have the participation of crowdfunding experts from across all 28 EU member states. Organizers expect over 400 representatives from business, academia and politics will convene to discuss the most current… Read More

July 24, 2017 @ 8:35 am By JD Alois  |  

  The Cambridge Centre for Alternative Finance (CCAF) is in the midst of its third European benchmarking survey that measures all forms of alternative finance across the European continent.  CCAF, part of the University of Cambridge Judge Business School, is the leading researcher in the global alternative… Read More

July 24, 2017 @ 8:09 am By JD Alois  |  

Data intelligence firm TAB (previously named Crowdsurfer) has launched the an index designed to indicate the health of the global online crowdfunding and marketplace finance industry. The Crowdfunding and Marketplace Finance Index (CAMFI) has been created in partnership with China big data firm BBD, Hangzhou Ling… Read More

July 24, 2017 @ 6:05 am By Erin Hobey  |  

Last month Michael Koenitzer joined Global Debt Registry (GDR) as its Director of Business Development in the new New York office.  Since joining the GDR team he has focused on building and supporting customer relationships with key investor accounts and senior lenders. Koenitzer joined GDR with… Read More

July 23, 2017 @ 2:15 pm By JD Alois  |  

CrowdfundRES is a group of policy recommendations to improve the regulatory and market framework to boost investment in renewable energy across the European Union. A group of 14 different partners worked on the project that saw the participation of the European Crowdfunding Network and four… Read More

July 23, 2017 @ 1:37 pm By JD Alois  |  

Crowd Invest Summit (CIS) has announced that Indiegogo and their equity crowdfunding vertical has joined it’s roster for CIS West 2017. CIS organizers have shared they will be providing 250 investor tickets to actively back early stage ventures listed on First Democracy VC, the equity… Read More

July 21, 2017 @ 11:58 am By Samantha Hurst  |  

On Friday, digital wealth management FLYNT announced it obtained a banking-license from the FINMA and operates now under FLYNT Bank AG. The start-up stated: “The banking-license allows FLYNT the required independence to approach Wealth Management in new ways and using innovative technologies, thus enabling private and… Read More

July 21, 2017 @ 11:20 am By Samantha Hurst  |  

Global payment solution provider, Paysafe Group plc (LSE: PAYS.L), announced on Friday it has acquired Delta Card Services Inc., the holding company for Texas payment processor Merchants’ Choice Payment Solutions (MCPS), for $470 million. According to Paysafe, MCPS is a data-focused full-service payment processor for merchants… Read More

July 21, 2017 @ 9:29 am By Samantha Hurst  |  

This week, Luke Lang sat down with his Crowdcube co-founder, Darren Westlake, to discuss start-up challenges and the entrepreneur lifestyle. The interview’s description reads: “Listen to Luke’s perspective about the challenges of starting a business in a new sector, in the tail end of a… Read More