General News

May 11, 2017 @ 9:27 am By Samantha Hurst  |  

Swiss fintech firm Lykke announced on Thursday it has appointed Nick Gogerty as its new chief strategist. According to Lykke,  Gogerty is the founder of SolarCoin, a token that represents kilowatt-hours of solar energy that can be traded on the Lykke exchange. He also co-founded and… Read More

May 11, 2017 @ 6:29 am By Erin Hobey  |  

CBien, a European digital asset management platform located in Paris, Nantes and Hamburg and recent Startupbootcamp InsurTech alum, has raised €8 million from its existing shareholders MAIF, MACIF and 5M Ventures. Funding from this second raise will be used to finance CBien’s visibility in France, its international… Read More

May 11, 2017 @ 6:10 am By Erin Hobey  |  

Waves Platform, a decentralized crowdfunding platform developed in Russia, is now available in the Microsoft Azure Blockchain as a Service cloud (BaaS). With Waves integrated in BaaS, developers are getting vast opportunities for offering a wide range of blockchain solutions. “We welcome the integration of… Read More

May 11, 2017 @ 4:58 am By Erin Hobey  |  

In honor of its seventh birthday, GoFundMe reached out seven of its top organizers for advice for running a great campaign. Here’s what they shared: 1. Push past the nervousness. “Take action on the things that make you afraid — it’s an opportunity for the biggest reward. ” Campaign… Read More

May 11, 2017 @ 4:34 am By Erin Hobey  |  

Cobalt, the FX post-trade processing network based on distributed ledger technology, today announced that Citadel Securities, a global market-maker across FX, fixed income, equities, ETFs and options, and XTX Markets, a leading quantitative-driven electronic market-maker, have signed up as Cobalt launch participants. Cobalt’s FX solution, set… Read More

May 10, 2017 @ 4:52 pm By Samantha Hurst  |  

Kroll Bond Rating Agency (KBRA) announced on Tuesday it has assigned preliminary ratings to one class of notes issued by SoFi Consumer Loan Program 2017-3 LLC (“SCLP 2017-3”). According to the firm,  this was a $530 million consumer loan ABS transaction that is closing on… Read More

May 10, 2017 @ 12:23 pm By Samantha Hurst  |  

BNP Paribas -Plug and Play announced on Tuesday it is partnering with Paris-based startup campus, Station F, to host its upcoming fintech/insurtech accelerator program. According to the organizations, the new partnership will provide a venue for the program. While sharing details about the upcoming program launch, Roxanne… Read More

May 10, 2017 @ 12:01 pm By Samantha Hurst  |  

Finland-based equity crowdfunding platform Invesdor announced on Wednesday that €30 million has been invested through its funding portal. This news comes just a few months after Invesdor revealed €25 million was invested on its website. “We are very happy to announce that we just reached the… Read More

May 10, 2017 @ 11:48 am By JD Alois  |  

At the SEC’s meeting of the Advisory Committee on Small and Emerging Companies (ACSEC), a presentation was delivered on the slowdown in US IPOs and what could possibly be done to increase the moribund IPO market. In the past ten years, the number of public… Read More

May 10, 2017 @ 10:27 am By Samantha Hurst  |  

KPMG International announced on Wednesday it has acquired Matchi, a global fintech innovation and matchmaking platform that connects financial institutions, including banks and insurance companies, with leading-edge financial services technology solutions and companies worldwide. According to KPMG, the Matchi platform includes over 700 curated fintech solutions… Read More

May 10, 2017 @ 9:49 am By Samantha Hurst  |  

Oracle announced on Wednesday it has opened applications for the Oracle Startup Cloud Accelerator Program. The company revealed it is seeking early-stage technology startups to join the program in Bengaluru, Delhi/NCR, and Mumbai. The program is set to start in September 2017. According to Oracle,… Read More

May 9, 2017 @ 3:57 pm By Samantha Hurst  |  

On Tuesday, The DICK’s Sporting Goods Foundation and CALIA by Carrie Underwood announced they have teamed up to fully fund girls team sports projects on education crowdfunding platform, DonorsChoose. The organizations will pledge $200,000 to go towards an estimated 100 teams across the country throughout the… Read More

May 9, 2017 @ 2:17 pm By Samantha Hurst  |  

On Tuesday, Biz2Credit released its latest small business lending index which revealed loan approval rates at big banks ($10 billion-plus in assets) rebounded in April 2017 after a setback month. The company reported that small business loan approval rates at big banks increased by two-tenths of… Read More

May 9, 2017 @ 1:47 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged a former employee with securities fraud in connection with trading of options and other securities. The SEC alleges that David R. Humphrey, who worked at the SEC from 1998 to 2014, concealed his personal trading from the… Read More

May 9, 2017 @ 1:13 pm By Erin Hobey  |  

The EIS Association (EISA) has produced a guide to the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS). “Grow your business with the Enterprise Investment Scheme” is designed as an introduction to EIS and SEIS for businesses that are considering seeking external funding…. Read More

May 9, 2017 @ 12:54 pm By Erin Hobey  |  

The National Crowdfunding Association of Canada has announced the launch of its third Alternative Finance Crowdfunding Survey in Canada for platforms, investors and companies as part of its annual exercise in providing Canadian benchmarks on market size, volume, market activity, platform characteristics, jobs, and key… Read More

May 9, 2017 @ 12:23 pm By Erin Hobey  |  

Invoice Bazaar, a UAE Fintech supply chain finance platform announced an investment from Shirish Apte, former CEO and Chairman Asia Pacific of Citigroup. Founded last year in Dubai, Invoice Bazaar has now expanded into India and Singapore. “Having seen the business model of many FinTech… Read More

May 9, 2017 @ 11:41 am By Samantha Hurst  |  

Honeyfund, a crowdfunding platform dedicated to honeymoons, announced on Tuesday it formed a partnership with prepaid commerce solutions provider CashStar to create a travel and experience egift card for newlyweds. While sharing details about the new card feature, Honeyfund CEO and Co-founder Sara Margulis, stated: “The Honeyfund… Read More

May 9, 2017 @ 11:00 am By Erin Hobey  |  

“Imagine if each person suffering from a mental illness or witnessing someone close to them struggling with mental health could do something about it. If dollar by dollar, we could come together as a community and spark a mental health revolution by supporting the science… Read More

May 9, 2017 @ 9:23 am By Samantha Hurst  |  

Deloitte announced on Tuesday it is teaming up with Personetics to host AI and Chatbot boot camps for financial services in Warsaw and Paris. Both events will be taking place in next week, with the Warsaw event on May 16th and the Paris event on May… Read More