General News

July 6, 2017 @ 4:32 am By Erin Hobey  |  

The case of Connie Yates and Chris Gard, whose infant son Charlie was born last August is neither able to breathe nor move on his own, appeared to have come to an end last week when courts ruled that the baby’s rare genetic condition was incurable and that the… Read More

July 6, 2017 @ 3:59 am By Erin Hobey  |  

Deloitte CIS and Waves Platform, a leading developer of blockchain solutions, signed a memorandum on strategic partnership. The partnership is aimed at providing clients with comprehensive ICO services and customized blockchain solutions tailored for specific business tasks. Waves Blockchain Platform will provide technology solutions for the introduction… Read More

July 6, 2017 @ 3:45 am By Erin Hobey  |  

Propy announced plans for its global property store and decentralized title registry, created to put the $340 billion cross-border real estate market on the blockchain. Launched in 2016 by CEO Natalia Karayaneva and CFO Maria Angelova, Propy Registry aims to solve current real estate investment inefficiencies… Read More

July 6, 2017 @ 3:27 am By Erin Hobey  |  

Vivriti Capital has launched in India, aiming to provide a financial services marketplace that will provide a comprehensive range of offerings across the lifecycle of customers that lack access to efficient finance. Vivriti Capital offers loans, receivables finance, working capital, structured debt and capital market instruments, seeking to transform the fragmented… Read More

July 5, 2017 @ 2:12 pm By Samantha Hurst  |  

Breega Capital, a France-based venture capital firm, announced this week its new venture fund, Breega Capital Venture 2, which is aimed towards startups in the fintech and insurtech sectors. The fund offers startups €100 million ($113 million). Founded in 2013, Breega describes itself as a… Read More

July 5, 2017 @ 1:41 pm By Samantha Hurst  |  

The Hive Project announced last week the launch of its cryptocurrency-based invoice financing platform. This news comes just days before the company launched its ICO. The company boasts itself as the first cryptocurrency invoice financing platform. It notably provides new financial liquidity to small businesses… Read More

July 5, 2017 @ 11:17 am By Samantha Hurst  |  

Rise London, a European fintech accelerator created by Barclays, is set to host numerous events during the 2017 London Fintech Week, which will take place July 10th-14th. Magdalena Kron, Head of Rise London, revealed on Wednesday: “We’re opening our doors to the community and squeezing nine FinTech… Read More

July 5, 2017 @ 9:50 am By Samantha Hurst  |  

Orca Money, an independent data, research, and analysis provider in the UK P2P lending market, announced on Wednesday the peer-to-peer lending industry has surpassed its £10 billion mark. While sharing details about the new milestone, Orca stated: “Peer-to-peer lending has reached a significant milestone since Zopa launched… Read More

July 4, 2017 @ 10:12 am By JD Alois  |  

CrowdRating, a UK platform that rates equity crowdfunding offers, has released a note stating that 96% of the companies whose campaigns received a Gold Investment rating from the platform – and closed at least a year ago – remain in business. In fact, CrowdRating states… Read More

July 4, 2017 @ 8:07 am By JD Alois  |  

The Enterprise Investment Scheme Association (EISA) has launched a regional program to assist UK entrepreneurs and SMEs. The EISA will host a series of events across the UK regarding regional funding information and advice workshops, including the vast benefits of applying for EIS/SEIS approval. At the… Read More

July 4, 2017 @ 7:42 am By JD Alois  |  

The Peer-to-Peer Finance Association (P2PFA) has created a new category of membership to boost its ranks and add perspective to the association that represents the UK’s top online lenders. The P2PFA was established in 2011 as the industry gained traction, acting as the representative and self-regulatory… Read More

July 3, 2017 @ 4:19 pm By Samantha Hurst  |  

Ending June on a great note, Crowdcube announced a total of £27 million was invested on its equity crowdfunding platform between April and June. The funding portal revealed on Twitter the exciting news. BOOM! A whooping £27m invested on @Crowdcube between Apr-Jun with successes including: @VitaMojo… Read More

July 3, 2017 @ 3:51 pm By Samantha Hurst  |  

KPMG, in collaboration with the Monetary Authority of Singapore (MAS), is set to sponsor the 2017 Global FinTech Hackcelerator program as part of the annual Singapore FinTech Festival which will take place from November 13-17th. The organizers of the program revealed: “The Global FinTech Hackcelerator is looking… Read More

July 3, 2017 @ 11:48 am By Samantha Hurst  |  

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) has announced today that its U.K. subsidiary Fineqia Limited is launching a beta version of its new debt and equity platform that brings crowd investors selected and risk-mitigated opportunities, many of which were previously only available to… Read More

July 3, 2017 @ 10:55 am By Samantha Hurst  |  

Curve, a London-based fintech company that’s software allows customers to link their bank cards to one Mastercard, has rolled out a new feature for its smartphone that will allow users to “go back in time” on their purchases. According to the company, the feature allows… Read More

July 3, 2017 @ 7:45 am By Erin Hobey  |  

Since launching in 2010, prominent UK P2P lender RateSetter has diversified across multiple channels and across both consumer and business loans.  Now the lender is planning to boost its direct marketing methods to diversify its new business borrowers sources, according to Peer2Peer Finance News. The initiative will likely involve more… Read More

July 3, 2017 @ 6:59 am By Erin Hobey  |  

The Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Qianhai Authority) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) entered into a new partnership to further develop and promote closer investment and financial innovation opportunities and collaborations for… Read More

July 3, 2017 @ 6:29 am By Erin Hobey  |  

CapitalRise , a property investment platform which has raised £4.2M in the last ten months, has launched its latest investment opportunity today. The investment aims to raise £1.35M towards a development of luxury homes in the prime Hampshire commuter belt – the largest raise via CapitalRise to date. This… Read More

July 3, 2017 @ 6:16 am By Erin Hobey  |  

Funding Circle, a leading lending platform for small businesses, today announced that Sean Glithero will join the company as its new global Chief Financial Officer. This appointment follows a record-breaking first half of 2017 for Funding Circle with approximately £800 million lent to 8,000 businesses… Read More

July 2, 2017 @ 7:01 pm By Erin Hobey  |  

Londoners borrowed another £17 billion in new mortgages last year as the affluent southwest London neighbourhoods of Wimbledon and Wandsworth topped the borrowing league table and and 17 of the top 20 areas for new mortgage lending last year are in London, reported European P2P lending platform Lendy. “Lenders… Read More