General News

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

June 20, 2017 @ 8:46 am By Samantha Hurst  |  

LendIt, the global lending and Fintech conference, announced on Tuesday it has teamed up with Startupbootcamp FinTech for its PitchIt Europe 2017 competition. According to the event’s organizers, this year’s competition is set to see hundreds of applicants all looking to compete in the competition’s… Read More

June 20, 2017 @ 4:00 am By Erin Hobey  |  

Colu, a blockchain-powered platform for creating digitized, localized currencies, launched its second currency in the UK – the Local Pound, East London. Founded in 2014, Colu’s digital wallet application supports buying local, offering an easy and convenient way to pay instantly from a smartphone while empowering… Read More

June 19, 2017 @ 5:29 pm By Samantha Hurst  |  

Kroll Bond Rating Agency (KBRA) announced on Monday it has assigned preliminary ratings to three classes of notes issued by Marlette Funding Trust 2017-2. This is a $322.7 million consumer loan ABS transaction that is expected to close on June 29th. Marlette, which was founded… Read More

June 19, 2017 @ 8:07 am By Erin Hobey  |  

KPMG and Matchi named Avoka as the winner of ATB Financial’s Customer Onboarding Global Innovation Challenge. Avoka will now work with ATB on a proof-of-concept project with a view to roll out and implement the solution. “Avoka is thrilled to have been selected the winner… Read More

June 19, 2017 @ 7:10 am By Erin Hobey  |  

TechPreneur Africa, a social impact firm focused on harnessing innovation and entrepreneurship to achieve real economic impact across Africa has signed an MOU with Abu Dhabi Global Market (ADGM), an international financial centre in Abu Dhabi, to foster and support the growth and activities of FinTech… Read More

June 19, 2017 @ 4:42 am By Erin Hobey  |  

Open ANX Foundation Limited, with the support of ANX International and partners, announced openANX, a project to build a new decentralized exchange and trading platform. OpenANX is described as a real-world application of Blockchain that brings transparency and openness to cryptocurrency markets. “In traditional financial… Read More

June 18, 2017 @ 12:50 pm By JD Alois  |  

The European Crowdfunding Network (ECN) has launched a survey dedicated to addressing the challenges of cross border transactions in the investment space. More specifically, the ECN is seeking input on cross border crowdfunding and online lending, including peer to peer / marketplace lending. The ECN… Read More

June 17, 2017 @ 7:33 am By Samantha Hurst  |  

Zopa announced on Thursday its IFISA is now available for all existing Zopa customers. Along with the IFISA, the online lender unveiled its latest peer-to-peer investment product, Zopa Core. While sharing details about the IFISA, Zopa revealed: “It’s here! From today, existing investors can subscribe… Read More

June 16, 2017 @ 3:00 pm By Samantha Hurst  |  

On Thursday, retail giant Macy’s announced the launch of its twelfth annual Shop For A Cause Program and kicked off a new charity challenge on crowdfunding platform, CrowdRise. According to Macy’s and CrowdRise, charities looking to participate in this fundraising challenge must sign up now… Read More

June 16, 2017 @ 1:00 pm By Samantha Hurst  |  

On Friday, LendingTree, Inc. (NASDAQ: TREE) announced it has acquired certain assets of DepositAccounts.com, a leading consumer-facing media property in the depository industry. According to LendingTree, DepositAccounts.com is considered one of the most comprehensive sources of depository deals and analysis online, covering all major deposit product… Read More