General News

June 12, 2017 @ 12:20 pm By Samantha Hurst  |  

Elevate Credit (NYSE: ELVT), a provider of online credit solutions for non-prime consumers, announced on Monday the launch of Elevate Labs at its new San Diego-based Advanced Analytics Center. This news comes just a couple of weeks after the company revealed its Elastic product surpassed $200 million… Read More

June 12, 2017 @ 10:44 am By Samantha Hurst  |  

Earlier this month, crowdfunding platform GoFundMe, along with Yoobi, announced the winner of the “We Love Teachers” Fundraising Contest. The duo launched the initiative last month and it was described as a national initiative to support K-12 teachers, and GoFundMe will donate $1,000 to 100 campaign… Read More

June 12, 2017 @ 5:55 am By Erin Hobey  |  

LendingArch, a Calgary-based online and point-of-sale lending platform, announced its expansion to Quebec. LendingArch has partnered with medical clinics and home improvement contractors in Quebec to offer POS financing options, enabling LendingArch to become a fourth in-store payment method by applying online to finance products… Read More

June 12, 2017 @ 4:55 am By Erin Hobey  |  

“We’re living in scary times. Holocaust denial has been on the rise. Anti-Semitism and hatred is extremely worrisome. It’s on the front of a lot of minds, certainly this institution. These diaries, these first-person accounts, testimonies, this is the evidence,” commented U.S. Holocaust Memorial Museum Director… Read More

June 12, 2017 @ 4:10 am By Erin Hobey  |  

Increasingly cross national investment in fintech is becoming the norm.  As an example, today Bengaluru-based P2P lender lender LoanMeet has raised an undisclosed amount of seed funding from Chinese entrepreneur-turned-investors Cao Yibin and Huang Wei, along with KrazyBee.com co-founder and CEO Madhusudan E, according to multiple new… Read More

June 9, 2017 @ 11:05 am By Erin Hobey  |  

Russian Politician and Billionaire Boris Titov has signed an agreement with Sasha Ivanov, CEO of Waves Platform, to create an Initial Coin Offering incubator. The new incubator has been entitled “People of Growth” and is described as a vehicle to assist entrepreneurs and growing companies… Read More

June 9, 2017 @ 10:55 am By Erin Hobey  |  

Oh, the places you will go and the beaches you will see! The Shark Tank Your Life Winner The Undress V3 aims to help backers transition from beach to town simpler, or at least, less revealing. With three successful Kickstarter campaigns and over $864K and… Read More

June 9, 2017 @ 9:50 am By Erin Hobey  |  

In Nordic countries tapping trees is a centuries old springtime ritual, with people enjoying the vitamin and mineral rich birch sap as a cleansing and rejuvenating post winter tonic. True to tradition, during this spring Tåpped has sought to tap into the crowd to help grow… Read More

June 9, 2017 @ 8:16 am By JD Alois  |  

NextGen Crowdfunding has announced a live crowdfunding pitch event where entrepreneurs will take to the stage to present their investment crowdfunding campaigns. The event is free to watch or attend in person if you happen to be in Los Angeles. Live streamed on the NextGen… Read More

June 9, 2017 @ 6:41 am By Jonathan Nieh  |  

Charlotte-based fintech firm AvidXchange, which provides accounts payable and automated payment solutions to midsize businesses, announced a strategic partnership with Mastercard along with a separate capital raise of $300 million. Both the strategic partnership with Mastercard and the capital raise of $300 million will go towards the… Read More

June 8, 2017 @ 6:54 am By Erin Hobey  |  

Thailand’s Kasikorn Bank has launched a $30 million fintech fund to invest in startups across South East Asia as well as Europe and China. The KBank Beacon fund aims to undertake up to five deals per year, with investments ranging from $500,000 to $3 million, according… Read More

June 8, 2017 @ 6:41 am By Erin Hobey  |  

Seriously overfunding: Vita Mojo has steadily secured more than £2,759,869  for 12.2% equity on its Crowdcube campaign. Vita Mojo, a quickly-growing UK restaurant chain and software company that is backed by the €6B global caterer Elior, is on a mission “to make food personal.” With industry leaders already on… Read More

June 8, 2017 @ 6:13 am By Erin Hobey  |  

Circadia, a consumer health technology company, launched of The Circadia System designed to adjust individuals’ internal body clocks using light based on feedback from their sleep. This NASA-inspired technology includes two devices: a contactless sleep tracker with an intelligent alarm and an adaptive light therapy lamp,… Read More

June 8, 2017 @ 5:41 am By Erin Hobey  |  

Founded in late 2016, UK alternative lender Growth Street has announced that over 1000 investors have signed up to lend to profitable UK small businesses through its platform. Independent P2P rating service 4thWay has ranked Growth Street as one of the lowest-risk platforms in the UK… Read More

June 6, 2017 @ 12:01 am By JD Alois  |  

Crowd Invest Summit has confirmed that Marcus Lemonis, star of the highly popular CNBC reality series “The Profit” will participate in a Fireside Keynote Chat at the forthcoming crowdfunding conference in Los Angeles this fall. Lemonis is a self made billionaire and is currently the… Read More

June 5, 2017 @ 11:43 am By JD Alois  |  

Plexal, soon to be Europe’s largest innovation hub, is scheduled to open on June 12th.  Plexal will be home to an astounding 800 startups and corporate organizations as it becomes another building block in UK’s innovation based economy. Plexal will be based at Here East… Read More

June 5, 2017 @ 1:01 am By JD Alois  |  

  FinTech Australia has announced the election of its new Board of Directors. The new Board is said to align with constitutional changes regarding gender diversity and representation from a broad number of states. On June 1, 2017, the Fintech industry association’s members voted in… Read More

June 4, 2017 @ 1:51 pm By JD Alois  |  

There were several interesting presentations at the most recent SEC Advisory Committee on Small and Emerging Companies (ACSEC) meeting last month.  One of the reports came from the North American Securities Administrators Association (NASAA) – the group that represents and lobbies on behalf of state… Read More

June 4, 2017 @ 10:48 am By JD Alois  |  

The Center for Financial Services Innovation (CFSI) has announced the addition of Adrienne Harris, Ben Mangan, and Judith Samuelson to its board of directors.  CFSI was launched in 2004 to support innovation in the financial sector and to improve the plight of the millions of… Read More

June 2, 2017 @ 11:46 am By JD Alois  |  

Prominent journalist, TV Host, and multiple Emmy Award winner Carlos Amezcua has signed up to emcee the forthcoming Crowd Invest Summit in Los Angeles this September. Crowd Invest Summit, founded by several well-known entrepreneurs in the crowdfunding / Fintech sector, launched their inaugural conference last… Read More