General News

July 12, 2017 @ 8:22 am By JD Alois  |  

OTC Markets Group Inc. (OTCQX: OTCM), an operator of financial markets, has reached the halfway mark of 25 states that now recognize its premium OTCQX market for the purposes of their “Blue Sky Manual Exemption” for secondary trading. Blue Sky rules can stymie trading in securities… Read More

July 11, 2017 @ 4:58 pm By Samantha Hurst  |  

Over the weekend, crowdfunding platform YouCaring pulled a campaign that was seeking funds for Baton Rouge police officers to sue Black Lives Matter protesters. According to PBS, personal injury lawyer, Donna Grodner, attempted to raise $20,000 for two federal lawsuits on behalf of the Baton… Read More

July 11, 2017 @ 12:03 pm By Samantha Hurst  |  

Boston-based fintech and investment analytics firm, FinMason, announced on Tuesday it has partnered with non-profit accelerator Fintech Sandbox to provide its enterprise solution, FinRiver, to participates in the program.  Fintech Sandbox notably offers data from 30 data partners, infrastructure from three partners, and collaborates with… Read More

July 11, 2017 @ 11:05 am By Samantha Hurst  |  

On Tuesday, Biz2Credit announced its latest Small Business Lending Index revealed that loan approval rates at big banks, $10 billion-plus in assets, increased to post-recession highs in June 2017 while small banks, alternative lenders, and credit unions experienced a decline in the percent of funding… Read More

July 11, 2017 @ 9:39 am By Samantha Hurst  |  

On Tuesday, cleaning giant Clorox announced in an effort to help teachers get the classroom supplies they need for the upcoming school year, it is set to offer a $150,000 “double your impact” match offer through its partnership with DonorsChoose. This is the second year The… Read More

July 10, 2017 @ 3:34 pm By Samantha Hurst  |  

Coinsource, a bitcoin ATM network, announced on Monday it launched five new machines in Phoenix Metropolitan Area, marking its first venture into Arizona. According to the company, the bulk installation caps off a strong first and second quarter, with it installing 50 machines so far… Read More

July 10, 2017 @ 1:17 pm By JD Alois  |  

Partech Ventures has closed its seventh venture fund at the €400 million cap, for its program spanning pre-seed, seed, venture to growth stages over the past eighteen months. Partech states the fund has been oversubscribed, bringing together thirty major European and U.S. investors along with business angels,… Read More

July 10, 2017 @ 11:30 am By JD Alois  |  

Starting at today (July 10, 2017), One Spark is now accepting applications for Creators interested in sharing their innovations at the 2017 festival scheduled to take place October 6-7 in Jacksonville, Florida at the U.S. Assure Club West at EverBank Field. The application process closes on… Read More

July 10, 2017 @ 11:04 am By JD Alois  |  

The non-profit International RegTech Association (IRTA), incorporated in Switzerland in May, has launched to provide a united community of individuals and organizations, with a shared vision to innovate, advance, and influence the future of Regulatory Technology (Regtech).  Regtech is a vital aspect of financial services…. Read More

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

LendingTree (NASDAQ: Tree) announced on Monday it has appointed Brad Wilson as its new Chief Marketing Officer. According to the online lender, Wilson has experience in growth and profitability of consumer brands and held the position of General Manager at Travelocity. Speaking about Wilson’s appointment,… Read More

July 8, 2017 @ 6:05 pm By JD Alois  |  

  This past Thursday at the Dorchester Hotel in London, the UK Business Angels Association’s (UKBAA) annual UK Angel Investment Awards took place. Fourteen awards were  presented by Emma Sinclair MBE, the youngest person in the UK to have created a public company. Jenny Tooth OBE,… Read More

July 8, 2017 @ 11:35 am By Samantha Hurst  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, has secured its initial 700,000 equity crowdfunding target just days after launching the round on Seedrs. The initiative makes its debut just eight months after the AI business raised its $500,000 seed round led by 500 Startups. As… Read More

July 7, 2017 @ 11:14 pm By Samantha Hurst  |  

This week, Crowdcube success and challenger bank, Monzo, released it’s 2017 Annual Report, which was sent to Companies House, with the year ending on February 28, 2017.  According to the company, every company throughout the UK submits their yearly financial accounts to Companies House and consists… Read More

July 7, 2017 @ 1:27 pm By Samantha Hurst  |  

Online lending platform SoFi announced this week it has teamed up with Alaska Air to help its new members save money on student loans while also earning extra summer travel points. The online lender revealed the exciting news through its Twitter on Thursday: We’ve partnered… Read More

July 7, 2017 @ 11:18 am By Samantha Hurst  |  

Just days after launching its ICO, The Hive Project announced the round has successfully secured $1.5 million from nearly 900 participants. This news comes after the first unveiled its new cryptocurrency-based invoice financing platform. As previously reported, the company boasts itself as the first cryptocurrency… Read More

July 7, 2017 @ 10:59 am By Samantha Hurst  |  

On Friday, UK-based peer-to-peer lending platform Landbay celebrated its third birthday. The online lender revealed that in the past three years, it has lent a total of £47.31 million, which is funding buy-to-let mortgages throughout the UK. CEO and co-founder, John Goodall shared details about the… Read More

July 6, 2017 @ 2:00 pm By JD Alois  |  

There is a bill circulating in Congress that may dramatically impact Reg A+ utilization – the crowdfunding rule that currently allows issuers to raise up to $50 million in a scaled disclosure environment. Sponsored by House Representatives Kyrsten Sinema and Trey Hollingsworth, the bill (HR… Read More

July 6, 2017 @ 11:27 am By JD Alois  |  

Experian and Orchard Platform have announced a “strategic collaboration” designed to give institutional investors access to Experian’s consumer credit data. Orchard’s clients will now be able to use depersonalized credit data for ongoing monitoring of borrower creditworthiness for loans in existing portfolios. Additionally, Experian will… Read More

July 6, 2017 @ 9:50 am By Samantha Hurst  |  

Zenmonics, a fintech provider of omnichannel platforms for the global financial markets, announced on Thursday its partnership and formal sponsorship with Queen City Fintech to enhance the ecosystem of technology talent, products, and partnerships in the Charlotte area. While sharing details about the partnership, Riaz… Read More

July 6, 2017 @ 4:53 am By Erin Hobey  |  

Record levels of venture capital investment at the start of 2017 has helped London retain its crown as Europe’s number one tech hub for global investors, according to new data from London & Partners, the Mayor of London’s promotional agency. “London remains Europe’s leading hub… Read More