General News

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

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