General News

April 27, 2017 @ 7:01 am By Erin Hobey  |  

US state regulators have filed a lawsuit against the Office of the Comptroller of the Currency, upping the ante in an increasingly bitter dispute over the federal agency’s plans to offer bank charter status to qualifying fintech firms, according to a release. The complaint, lodged by… Read More

April 27, 2017 @ 6:46 am By Erin Hobey  |  

Today, the Consumer Financial Protection Bureau (CFPB) took action against Security National Automotive Acceptance Company (SNAAC), an auto lender with headquarters in Ohio, specializing in loans to servicemembers, for violating a CFPB consent order. In 2015, the CFPB ordered SNAAC to pay penalties for illegal… Read More

April 27, 2017 @ 1:00 am By Samantha Hurst  |  

Business summit FutureTech Congress is set to be held on May 24th and 25th in the city of Warsaw. According to its organizers, the event is set to address various trends in the insurtech, fintech, and big data industries, along with host experts from all over… Read More

April 26, 2017 @ 4:35 pm By Samantha Hurst  |  

Indiegogo announced on Wednesday, EllieGrid, the creator of Smart Pillbox, received $75,000 in flash funding from the crowdfunding platform’s partner, Arrow. The funding portal stated that EllieGrid would get access to design tools, a 10% parts discount, and expert one-on-one support from Arrow’s engineering team… Read More

April 26, 2017 @ 3:45 pm By Samantha Hurst  |  

POD Point announced on Wednesday it has formed an initiative with global real estate service provider, Savills. The company reported that the new partnership will encourage electrical vehicle (EV) charging across Savills’ managed retail parks and shopping centers throughout the UK. The POD Point team revealed:… Read More

April 26, 2017 @ 2:39 pm By Samantha Hurst  |  

On Wednesday, crowdfunding giant Kickstarter announced that more than 12.7 million backers have raised $3 billion to go towards independent creators on the funding portal. It was revealed: “Every five seconds someone backs a Kickstarter project. More than 12.7 million people around the world have… Read More

April 26, 2017 @ 2:37 pm By JD Alois  |  

The California intrastate crowdfunding bill (AB 1517) took another step in the direction of becoming an actual law yesterday.  On Tuesday, April 25th, the bill was green-lighted by the Assembly Banking and Finance Committee. Next up is the Assembly Appropriations Committee. A hearing on the AB… Read More

April 26, 2017 @ 1:51 pm By Samantha Hurst  |  

California-based fintech company Robinhood announced on Wednesday it not only has reached two million users, but it also secured $110 million during its recent Series C funding round, which was led by DST Global, with participation from NEA, Index Ventures, Ribbit Capital, Thrive Capital and… Read More

April 26, 2017 @ 12:05 pm By Samantha Hurst  |  

Blockchain tech company, Humaniq, announced on Tuesday it has officially formed a new cryptocurrency partnership with BOScoin. with South Korean cryptocurrency platform, BOScoin. The partnership will allow both companies to share strategy resources in technology while BOScoin will support Humaniq’s Asia expansion and Humaniq will support BOScoin’s… Read More

April 26, 2017 @ 11:44 am By Samantha Hurst  |  

Tipalti announced on Wednesday it is enhancing its NetSuite integration by launching a touchless invoices process. According to the fintech company, the enhanced integration allows NetSuite clients to streamline their entire end-to-end accounts payable and supplier payments workflow, from supplier onboarding and vetting to AP tax… Read More

April 26, 2017 @ 10:42 am By Samantha Hurst  |  

FinMason, a Boston-based fintech and investment analytics firm, announced on Tuesday it appointed three new staff members to its growing staff. The appointees were added to the data science, marketing, and sales departments. According to FinMason, Mark Carroll was appointed as director of data science, Bob Leaper… Read More

April 26, 2017 @ 9:17 am By Samantha Hurst  |  

Crowdcube #FundedClub member and award-winning online marketplace for local food producing, Farmdrop, announced it raised £7 million during its Series A funding round, which was led by a previous investor, Atomico, which was founded by Skype co-founder, Niklas Zennström. This new round of funding comes… Read More

April 26, 2017 @ 7:35 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has published its first quarter peer to peer lending data from its nine member platforms. The P2PFA reports that cumulative levels of lending neared £8.5 billion with loan originations in excess of £1 billion during the first… Read More

April 25, 2017 @ 9:37 pm By JD Alois  |  

Innovate Finance, the association for UK’s global Fintech sector, is hosting a forum on cyber security during the inaugural Fintech Week in New York City. Entitled “The Threat is Real: Financial Services, FinTech and Cybersecurity” the event will take place on April 27th at the… Read More

April 25, 2017 @ 6:02 pm By Samantha Hurst  |  

On Tuesday, NextGen Crowdfunding announced voting is now open for the season finale of its Crowdfunding Video Awards (CVAs). The award show’s season one kicked off on January 25th and had six rounds. The final six of season one are now competing, and the winner… Read More

April 25, 2017 @ 3:29 pm By Kathleen Minogue  |  

Since publishing my article “ Why We Need to Address Crowdfunding Education Now ” on Crowdfund Insider last November, I am often asked what would be my first step to fix crowdfunding education. My answer is simple: I would start by teaching crowdfunding – not… Read More

April 25, 2017 @ 3:24 pm By Samantha Hurst  |  

On Tuesday, Ohio-based companies KeyBank, Progressive, The Kroger Co., Grange Insurance, Huntington, FifthThird, First Federal Lakewood, Root Insurance, and Safelite announced the launch of their new global fintech accelerator program, Fintech71. JPMorgan Chase will also be lending its thought leadership and industry expertise to the… Read More

April 25, 2017 @ 2:40 pm By Samantha Hurst  |  

On Tuesday, healthcare tech startup, Patientory, announced the launch of its healthcare crypto-token currency. According to the company, the tokens will be used to power its network, which is described as a secure, closed loop distributed ledger system that connects all parties in the healthcare… Read More

April 25, 2017 @ 1:40 pm By Samantha Hurst  |  

Paladin fs, an IT banking contractor company, announced on Tuesday the launch of Quote Check, its newest service offering that helps bankers before signing a new service quote. This service will ensure that banks are being offered equitable terms and pricing nationally. While sharing details about the… Read More

April 25, 2017 @ 12:10 pm By Erin Hobey  |  

“Before 1970, the United States was in a radically different place.Our environment, our cities, our people: abused, dirty, and sick after years of neglect. President Nixon decided to change that. In 1970, the United States Environmental Protection Agency was enacted to protect the environment and the… Read More