General News

July 15, 2017 @ 12:47 pm By JD Alois  |  

Adomani (Nasdaq:ADOM), a provider of zero-emission and hybrid vehicle drivetrain solutions and electric vehicles, has announced the introduction of the Type D All Electric School Bus. The announcement was made with its partner, Blue Bird Corporation (Nasdaq:BLBD), an independent manufacturer of school buses. Phil Horlock, President… Read More

July 14, 2017 @ 2:00 pm By Samantha Hurst  |  

On Friday organizers of the Growth Investor Awards announced Seedrs and Syndicate Room two of the finalists for the upcoming 2017 event. As previously reported, the Growth Investor Awards notably celebrates the role of the UK SME fund management community in both job and wealth creation. It also recognizes… Read More

July 14, 2017 @ 1:00 pm By Samantha Hurst  |  

Georgia-based start-up growth project, Invest Georgia, has reportedly made its third commitment and invested $1 million in early stage fund, TechSquare Labs. According to VentureBeat, Invest Georgia’s program loose to encourage seed and early-stage companies in Georgia and has previously made investments in TTV Capital and… Read More

July 14, 2017 @ 12:00 pm By Samantha Hurst  |  

CreditEase Wealth Management announced on Thursday it has recently been approved by the U.S. Securities and Exchange Commission (SEC) to become a registered investment advisor (RIA). The firm may now provide advice to investors in the U.S. Speaking about the RIA process, Dr. Fan Gal,… Read More

July 14, 2017 @ 8:48 am By Erin Hobey  |  

Spanish urban craft distillery Santamanía has secured over £941,609 to date during its exciting equity crowdfunding Crowdcube Spain campaign. Over 749 backers have invested in the 11.88% equity offered for the distillery with a pre money valuation of £6,987,000. The campaign was extended and is scheduled to close… Read More

July 14, 2017 @ 8:12 am By Erin Hobey  |  

UBS Financial Services has invested in NY-based fintech platform iCapital Network, a platform which offers alternative investments for high-net-worth individuals and their financial advisers. UBS will also integrate iCapital’s technology into its private fund operations aiming to streamline its alternative investment proposition, according to news sources. “We… Read More

July 14, 2017 @ 7:45 am By Erin Hobey  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, announced its addition of UK based Pixoneye and Curve and US based Gridspace to its portfolio in the latest round of strategic fintech investments. Pixoneye and Gridspace deepen the fund’s focus in artificial intelligence as… Read More

July 14, 2017 @ 6:51 am By Erin Hobey  |  

MarketInvoice, an online business finance company, has added € and US$ capabilities to its confidential invoice discounting product MarketInvoice Pro. This means that businesses who use the service will now be able to fund their € and US$ invoices as quickly and easily as they… Read More

July 13, 2017 @ 4:42 pm By Samantha Hurst  |  

South Korean fintech startup Paycock has reportedly signed a business MOU with AEB IT, a Russian financial IT corporation, and will now begin to commercialize its mobile payment solution into the Russian financial market. Paycock Check is described as a mobile payment service that does… Read More

July 13, 2017 @ 11:11 am By Samantha Hurst  |  

Piero, with a co-founding team of six students from Brigham Young University, was dubbed winner of the fourth annual CommonBond Social Impact Award from fintech company CommonBond in partnership with Pencils of Promise. According to CommonBond, the award honors the nation’s top undergraduate entrepreneur whose for-profit… Read More

July 13, 2017 @ 8:49 am By Samantha Hurst  |  

Chinese peer-to-peer lending platform Dianrong announced on Wednesday it has acquired Quark Finance’s asset-origination operations. According to the online lender, the transaction will expand and strengthen its existing asset generation capabilities across Asia. Dianrong reported that Quark Finance currently operates 71 borrower service centers in 47 Chinese… Read More

July 13, 2017 @ 8:13 am By Erin Hobey  |  

Propy, the P2P real estate exchange platform built on blockchain technology, today introduced its advisory board. Michael Arrington (founder, TechCrunch), David Cowan (Bessemer Venture Partners), Vinny Lingham (Civic), Mike Costache (d10e), Bruce Cahan (Stanford University), and Jeremy Gardner (Blockchain Capital) will advise Propy in the creation… Read More

July 13, 2017 @ 7:25 am By Erin Hobey  |  

Leading digital money transfer service WorldRemit and Huawei have announced a partnership making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa. WorldRemit claims to process 74% of all international transfers to mobile money accounts coming from money transfer… Read More

July 13, 2017 @ 6:59 am By Erin Hobey  |  

ThinCats, an alternative lending industry leader, has joined forces with Edinburgh based Alderburn Finance and specialist marine training and consultants Stream Marine Training (SMT), to provide funds to bring a unique offering to Scotland. “It was a delight to be able to help SMT finance their… Read More

July 12, 2017 @ 3:31 pm By Samantha Hurst  |  

Nearly three years after Kickstarter joined forces with various internet giants to protest against net neutrality, the crowdfunding giant has made the move to stand against potential changes to the current FCC net neutrality regulations. On Wednesday, visitors to Kickstarter’s main website page were greeted… Read More

July 12, 2017 @ 1:40 pm By JD Alois  |  

The European Crowdfunding Network (ECN) is reminding alternative finance industry types to complete the survey on cross-border crowdfunding and online lending (IE P2P lending, marketplace lending etc.).  The survey deadline is 12 Noon this Friday, July 14th. ECN seeks help in generating input for Capital… Read More

July 12, 2017 @ 12:33 pm By Samantha Hurst  |  

Real-time payments platform provider and fintech firm nanopay announced on Tuesday it has appointed former Google engineer, Kevin Greer, as its new Vice President of Engineer. The company revealed that Greer will be overseeing technical strategy and ensure successful rollouts of global services. During his… Read More

July 12, 2017 @ 12:16 pm By JD Alois  |  

PwC and the Crowdfunding Center have published a joint report based on two years of data on seed (rewards) based crowdfunding from 9 different platforms. According to the report, campaigns led by women reach their target more often than crowdfunding campaigns led by men. The… Read More

July 12, 2017 @ 11:08 am By Samantha Hurst  |  

CrediFi, a fintech and commercial real estate finance platform, announced on Wednesday the launch of its new solution that streams CrediFi data into customer relationship management platform, Salesforce. While sharing details about the new solution, CrediFi CEO, Ely Razin, stated: “Anyone invested in CRE is invested in… Read More

July 12, 2017 @ 10:31 am By Samantha Hurst  |  

Global crowdfunding platform GoFundMe announced on Wednesday it has formed a partnership with The San Diego Union-Tribune to enable readers to create campaigns and fund to those in need. GoFundMe revealed: “For decades, The San Diego Union-Tribune has been breaking news, delivering information and ideas… Read More