General News

July 18, 2017 @ 8:24 am By Samantha Hurst  |  

On Monday, challenger bank Monzo announced it has begun to roll out current accounts to customers. This news comes just a few months after the company received its full UK banking license.  “Back in April, when we received our full UK banking license we explained that we… Read More

July 18, 2017 @ 8:17 am By Erin Hobey  |  

Due to popular demand, the application deadline for this year’s Global FinTech Hackcelerator has been extended to 25 July 2017. The Global FinTech Hackcelerator 2017, powered by KPMG Digital Village and Matchi, is looking for global innovative entrepreneurs who can address problems faced by the financial… Read More

July 18, 2017 @ 8:03 am By Erin Hobey  |  

DENT Wireless, a Hong Kong-based blockchain mobile data exchange, and Aquto, a sponsored data and data rewards platform, has entered into a partnership to unlock new ways for operators to monetize their networks. Smartphone penetration throughout the world is high, but mobile internet data is still… Read More

July 17, 2017 @ 10:25 pm By JD Alois  |  

Manatt, Phelps & Phillips, LLP, has announced new co-chairs of the firm’s financial services group. Three attorneys have been appointed to this leadership role including Brian Korn, Donna Wilson and Richard Gottlieb. The three attorneys are spread across the country with Gottlieb located at the firm’s… Read More

July 17, 2017 @ 3:54 pm By Samantha Hurst  |  

London-based consumer magazine, Time Out, announced last week it has teamed up with crowdfunding platform GoFundMe to launch its new “Make London Better” Challenge. Time Out revealed that the challenge was designed for two Londoners (or teams of Londoners) to turn their ideas to improve the… Read More

July 17, 2017 @ 3:43 pm By JD Alois  |  

Recently the total amount of Reg CF (or Regulation Crowdfunding) issuers successfully funded topped $40 million. According to the data dashboard on NextGen Crowdfunding, total amount of investor commitments has now topped $46 million. The rule created by the JOBS Act that allows companies to… Read More

July 17, 2017 @ 2:01 pm By Samantha Hurst  |  

Just days after announcing it secured $66 million through its Series B funding round, digital challenger bank Revolut introduced free personal euro accounts. The company revealed this new feature enables all its customers, across 42 European countries, to open a free Euro account straight from… Read More

July 17, 2017 @ 9:58 am By JD Alois  |  

CrowdlistIQ has launched a platform that lists all of the equity crowdfunded companies. The service is designed to allow people to explore all of the equity crowdfunded companies by aggregating all of the offers. “At CrowdlistIQ I believe no one should have limited choices of… Read More

July 17, 2017 @ 8:11 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published the Terms of Reference regarding the Investment Platforms Market Study. The document will be used as a guide in the FCA review of platform. For the purposes of this study the FCA defines “platforms” broadly. The study is said… Read More

July 17, 2017 @ 7:57 am By Samantha Hurst  |  

London-based employee engagement platform Perkbox has receives a $8.6 million (6.6 million) from venture capital firm, Draper Esprit. This news comes nearly nine months after the company secured more than £4,3 million on equity crowdfunding platform, Seedrs. As previously reported, Perkbox has more than 300,000 paying… Read More

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