General News

June 27, 2017 @ 8:26 am By Erin Hobey  |  

Capital Cell, reportedly Europe’s first equity crowdfunding platform specializing in life science, has been shortlisted for the Best International Growth Business award at the UK Business Angels Association Investment Awards 2017. Capital Cell has been trading in Spain for just over 2 years, successfully closing 14 life… Read More

June 26, 2017 @ 4:30 pm By Samantha Hurst  |  

dLocal, a fintech company specializing in cross-border payments for emerging markets, announced on Monday it has integrated WeChat Pay, AliPay, and UnionPay to its payment platform. According to dLocal, the three providers have collectively captured over 70 percent of the Chinese market, which notably translated into 2.9… Read More

June 26, 2017 @ 3:04 pm By Samantha Hurst  |  

Cross-border payment platform Currencycloud announced on Monday it is teaming up with Hyundai Card to enable the launch of South Korea’s first mobile remittance service provided by a credit card company. The service will be established by Currencycloud and Hyundai Motor Group’s credit issuing arm… Read More

June 26, 2017 @ 10:49 am By Samantha Hurst  |  

Jumio, the creator of Netverify Trusted Identity as a Service (TIaaS), has today announced a partnership with Crowdcube alum and challenger bank, Monzo, to create strong identity verification for new and existing customers. The duo revealed that Monzo will be using Jumio to help verify customers whoa… Read More

June 26, 2017 @ 7:46 am By JD Alois  |  

Santander UK and Crowdfunder have jointly announced a renewal of their partnership that provides funding for social enterprises and community projects across the UK. Santander UK will provide an additional £200,000 in funding for projects sourced by Crowdfunder following a successful pilot. “At Santander supporting the… Read More

June 25, 2017 @ 10:32 pm By JD Alois  |  

EY presented last week at the SEC Investor Advocacy Committee meeeting. The topic of the morning discussion was the decline in IPOs. As part of the presentation a report by EY was distributed. During the dot-com peak in 1996, public listings in the US hit… Read More

June 23, 2017 @ 7:11 pm By Jonathan Nieh  |  

    In a recent article published in the Hastings Law Journal (embedded below), Duke University School of Law Associate Professor Elisabeth de Fontenay discusses the relationship between the recent decline of IPOs and the deregulation of private capital. Professor Fontenay also spoke at the… Read More

June 23, 2017 @ 1:51 pm By Samantha Hurst  |  

New Zealand-based peer-to-peer lending marketplace Harmoney announced on Friday it has officially achieved $500 million transaction milestone in just under three years of operation. The online lender reported that 30,000 Kiwis have joined its community and have two challenger NZ owned banks, TSB and Heartland,… Read More

June 23, 2017 @ 11:43 am By Samantha Hurst  |  

EXMO, a UK-based cryptocurrency exchange operating in multiple fiat and cryptocurrency pairs, announced on Friday it has added Waves Platform to its list of offered coins. EXMO reports it will initially list the WAVES/BTC pair as well as USD and EUR fiat options. It also supports Russian… Read More

June 22, 2017 @ 8:46 am By Samantha Hurst  |  

Mumbai-based fintech startup Kissht announced this week that it has secured $2 million from early-stage venture capital firm Endiya Partners and Ventureast. Launched in 2015, Kissht’s app now allows users to purchase items on EMI without using a credit card through collateral-free loans. The service… Read More

June 22, 2017 @ 4:46 am By Erin Hobey  |  

Since launching yesterday on Companisto, German tech firm Copaltec has raised over 163,790€ from more than 143 investors for 14.63% equity offered. having already surpassed its initial 100K€ goal, the company is now aiming to hit its 600K€ goal within the next 59 days or by 20… Read More

June 22, 2017 @ 3:58 am By Erin Hobey  |  

Payza, a global payments platform,  announced a cryptocurrency exchange expansion to include the “most popular” Bitcoin alternatives. In the majority of the countries where Payza is available, verified Payza members may now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza,… Read More

June 22, 2017 @ 3:12 am By Erin Hobey  |  

Fresh from completing its Initial Coin Offering in June 2016 which reportedly garnered more than $16 million (30,000 BTC), Waves platform has introduced a now live USD gateway. Waves, a Russian decentralised platform for launching crowdfunding campaigns and issuing digital assets, has announced that its users can… Read More

June 21, 2017 @ 3:52 pm By Samantha Hurst  |  

Cybersecurity company WISeKey announced on Wednesday the launch of its artificial intelligence and blockchain Centre of Excellence located in India that will support its global projects. According to the company, The India location will be working to expand its AI project, WISeAI-integrating the WISeKey Indian… Read More

June 21, 2017 @ 1:51 pm By Samantha Hurst  |  

Jumpstartfund’s Hyperloop Transportation Technologies, Inc. (HTT) announced on Tuesday it has signed an agreement with South Korea government’s Department of Technological Innovation and Infrastructure, the Korea Institute of Civil Engineering and Building Technology (KICT), as well as with the country’s engineering research school, Hanyang University, to… Read More

June 21, 2017 @ 11:28 am By Samantha Hurst  |  

Ernst & Young LLP (EY) announced on Wednesday the launch of its new Union Square Innovation Center in New York City. According to the company, the center will focus on financial services and is a flagship location for EY wavespace, its global growth an innovation… Read More

June 21, 2017 @ 10:24 am By Samantha Hurst  |  

Digital Financial Services Lab (DFS Lab) announced on Tuesday it is set to invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. The startups are Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and… Read More

June 21, 2017 @ 7:37 am By JD Alois  |  

Beauhurst is out with some research on early stage deals in the UK for the month of May. While the total raised for these startup deals jumped dramatically to £941 million (the most ever tracked by Beauhurst in a single month) the number of deals… Read More

June 20, 2017 @ 3:43 pm By Samantha Hurst  |  

Crowdfunded brewery BrewDog announced on Tuesday an update about its U.S. brewery, which is located near Columbus, Ohio. The Brewery, which is called DogTap, was opened in February. While sharing details about the brewery’s progress, BrewDog stated: “Our BrewDog USA team of brewers now brew several… Read More

June 20, 2017 @ 2:38 pm By JD Alois  |  

MNVest has tweeted out an interesting graphic that tracks sector progress for investment crowdfunding in the state of Minnesota. For those not in the know, MNVest is the advocacy group, as  well as the name of the law, that helped to make Minnesota’s state crowdfunding… Read More