General News

July 1, 2017 @ 12:41 pm By Samantha Hurst  |  

Securities Commission Malaysia (SC) announced on Thursday it entered into an Innovation Cooperation Agreement with the Australian Securities and Investments Commission (ASIC) to further promote innovation in fintech services in their markets.  SC Chairman Tan Sri Ranjit Ajit Singh notably signed the agreement with the ASIC… Read More

July 1, 2017 @ 5:00 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed fraud charges against Renwick Haddow, a UK citizen living in New York. The SEC said the “clandestine founder” claimed to be the creator of a Bitcoin platform and a chain of co-working spaces located in former bars… Read More

June 30, 2017 @ 12:15 pm By Samantha Hurst  |  

On Thursday, the Monetary Authority of Singapore (MAS) announced it signed a fintech co-operation agreement with the Danish Financial Supervisory Authority (Danish FSA) to help fintech companies in Singapore and Denmark to expand into each other’s markets. The agreement was signed at the Money 20/20 European… Read More

June 30, 2017 @ 11:37 am By Samantha Hurst  |  

Texas-based fintech startup, Payix, announced this week that it was selected by Pelican Auto Finance to provide its collection tools, which will also include its new mobile collections application. According to the company, the tools are being designed to help Pelican better connect with its… Read More

June 30, 2017 @ 11:21 am By Samantha Hurst  |  

LendingTree, Inc. (NASDAQ: TREE) announced on Thursday it has teamed up with LeadsCorp to launch a new initiative that will showcase top startups in the fintech industry. According to LendingTree, the LendingTree Startup Innovation Spotlight will recognize the most innovative fintech startups across the consumer… Read More

June 30, 2017 @ 10:58 am By Samantha Hurst  |  

Just weeks after gaining full authorisation from the UK’s Financial Conduct Authority (FCA), social-circle peer-to-peer lender Flender announced this week it is launching an Innovative Finance ISA (IFISA) offering businesses and consumers a more tax-efficient way of investing. As previously reported, Flender secured £501,700 from more… Read More

June 30, 2017 @ 9:42 am By Samantha Hurst  |  

Online lender for SMEs, Funding Circle, announced this week it expanded its U.S. leadership team by appointing Joanna Karger as U.S. Head of Capital Markets and Richard Stephenson as U.S. Chief Compliance Officer. Karger, who notably has 30 years of experience working in capital markets,… Read More

June 30, 2017 @ 4:53 am By Erin Hobey  |  

“I’m both thrilled and unsurprised that they have overfunded on their original target. Fintech is in rude health and continues to be unperturbed by Brexit,” stated Crowdcube Co-Founder & CMO Luke Lang. WiseAlpha, a UK first online lending platform that gives investors access to high yield… Read More

June 29, 2017 @ 11:03 am By Samantha Hurst  |  

Mongoose Energy announced on Thursday the launch of its new crowdfunding platform for community energy projects, Monogoose Crowd. According to the energy firm, Mongoose Crowd will be an appointed representative of ShareIn and is using SharIn’s technology and compliance solution. Mongoose Energy has reportedly raised… Read More

June 29, 2017 @ 10:35 am By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Thursday it has appointed Kristina Wallender as its new senior vice president of marketing. According to the funding portal, Wallender has both marketplace and marketing leadership experience spanning large enterprise businesses such as Amazon and early stage companies like… Read More

June 29, 2017 @ 6:00 am By Erin Hobey  |  

NatWest has joined with Recordsure, deciding to trial AI technology to boost customer confidence and insure “best possible” information and advice. The partnership will allow NatWest to explore how Recordsure’s RegTech recording and analysis solution can be used to improve and monitor the quality of information and… Read More

June 29, 2017 @ 5:53 am By Erin Hobey  |  

Online investment platform SyndicateRoom announced that EdTech companies Gooseberry Planet and Dem Dx are seeking funding on its investor network. EdTech has been cited the fastest-growing sector in the UK this month, after British EdTech companies received more VC and angel funding (£178m) than any other European country…. Read More

June 29, 2017 @ 4:03 am By Erin Hobey  |  

Recoup Fitness founder and CEO Matt Hyder has partnered with WeFunder, a US regulation crowdfunding portal, for his company’s first capital raise.  The Colorado-based fitness company aims to raise $1.07 million, having quickly secured over $20K from 7 investors. Funding will be used to increase manufacturing and… Read More

June 28, 2017 @ 4:07 pm By Samantha Hurst  |  

With Brexit talks taking place this week between the UK and European Union (EU), CEO of TransferWise, Taavet Hinrikus sat down with CNBC to discuss the UK’s soon departure from the EU and what could happen to London.  During the interview, Hinrikus stated: “One regulator… Read More

June 28, 2017 @ 1:50 pm By Erin Hobey  |  

CNBC Shark Tank Alum Xero Shoes are on a roll. In January 2013, Xero Shoes appeared on the ABC show, Shark Tank and turned down a $400,000 offer from Kevin “Mr. Wonderful” O’Leary, who wanted 1/2 of the company… but they got their DIY sandalled… Read More

June 28, 2017 @ 12:43 pm By Erin Hobey  |  

Each year CB Insights publishes The Fintech 250, recognizing the 250 top private companies changing the face of financial services around the world. From insurance to blockchain to lending to wealth management to regtech, the alphabetical list is comprised of companies in sectors from across… Read More

June 27, 2017 @ 5:18 pm By Samantha Hurst  |  

The Global Crowdfunding Convention (GCC), an annual event where people gather to network and learn about #crowdfunding, announced that its sixth annual event, which is being sponsored by Microsoft, will be held October 23-24, 2017  at the Planet Hollywood Resort & Casino in Las Vegas.  The event’s description… Read More

June 27, 2017 @ 3:42 pm By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Tuesday it has extended its AML/KYC identity verification global footprint into Thailand. This news comes just a few months after the company expanded its solution into Korea. According to Trulioo, the extended coverage will also help… Read More

June 27, 2017 @ 8:50 am By Erin Hobey  |  

LENDonate, an Oakland-based fintech company, launched a hybrid online lending platform for 501(c)(3) nonprofits. The hybrid platform enables nonprofits to source loans and donations simultaneously. LENDonate aims to unite nonprofits with lenders, including financial institutions, philanthropic organizations, and accredited investors for quick funding of high-quality, low… Read More

June 27, 2017 @ 8:35 am By Samantha Hurst  |  

dLocal, an award-winning fintech company that specializes in cross-border payments for emerging markets, announced on Tuesday it launched Marketplace Payments, a new payments product designed specifically for marketplaces whose buyers or sellers are based in emerging markets. With dLocal’s Marketplace Payments, companies can easily enable… Read More