General News

April 21, 2017 @ 9:00 am By JD Alois  |  

NextGen Crowdfunding, has appointed Lyndsi Stevens as General Manager. In her new role, Stevens will manage all day to day operations of the NextGen business. Stevens previously was Vice President of Marketing at NextGen. Stevens will take over the GM position from Joan Seavey who has… Read More

April 20, 2017 @ 5:25 pm By JD Alois  |  

Another credit card replacement company has died. Plastc, a company that raised more than $5 million in 2014 on a presales campaign, posted a backers update stating the company has exhausted all of its options to raise funding it needs to continue. Plastc said it… Read More

April 20, 2017 @ 4:41 pm By Samantha Hurst  |  

JP Morgan Chase’s virtual fintech lab, the Financial Solutions Lab (FinLab) is now accepting applications for its 2017 program. The financial group teamed up with the Center for Financial Services Innovation to launch the program and this is the third annual $3 million challenge. The… Read More

April 20, 2017 @ 3:59 pm By Samantha Hurst  |  

On Thursday, online fundraising platform Crowdrise announced the launch of its $300,000 Earth Day Roadmap Climate Challenge, which is described as a competition for climate, conservation, energy, environmental and related non-profit organizations to compete for donations ranging from $10,000 to $100,000. According to the funding platform,… Read More

April 20, 2017 @ 2:57 pm By Samantha Hurst  |  

Real estate marketplace lending platform RealtyShares, announced on Thursday findings from its new Real Estate Investing Survey, which was conducted online among over 2,000 U.S. adults in March 2017 by Harris Poll on its behalf. The report revealed Americans’ interest in real estate investing. According to… Read More

April 20, 2017 @ 1:59 pm By Samantha Hurst  |  

Israeli-based fashion-tech company Invertex announced on Thursday it secured $2 million during its seed funding round, which was led by OurCrowd’s early stage fund OurCrowd First with participation from retail and fashion group, Permoda. Invertex described itself as an early stage Israeli fashion-tech company that… Read More

April 20, 2017 @ 12:22 pm By Samantha Hurst  |  

Biz2Credit announce on Thursday it has formed a partnership with Puerto Rico’s Oriental Bank to help develop a digital lending platform for the bank’s commercial clients. According to the Biz2Credit, Oriental Bank will be considered the first bank in Puerto Rico to engage commercial clients through… Read More

April 20, 2017 @ 9:12 am By Samantha Hurst  |  

Blockchain company Humaniq announced on Wednesday it not only joined Barclay’s Rise community, it also secured $3.9 million in initial coin offering (ICO) funding. This news comes just a few days after the company appointed a new CEO, Dinis Guarda, and 20 members to its… Read More

April 20, 2017 @ 8:38 am By Samantha Hurst  |  

The Crowdfunding Professional Association (CFPA) announced on Thursday the launch its new Crowdfunding Expert Community Online (ECOTM), a knowledge-sharing platform connecting crowdfunding professionals with entrepreneurs, investors and others seeking relevant, experienced guidance. The launch reportedly debuted in conjunction with CFPA’s 4th annual Crowdfinance Summit held… Read More

April 20, 2017 @ 5:22 am By Erin Hobey  |  

The proliferation of P2P marketplace, and most importantly online lending brings a competitive challenge for existing financial institutions that is here to stay. Its meteoric rise has provoked regulators around the world to deliberate on the new models of oversight needed to benefit consumers and… Read More

April 20, 2017 @ 4:51 am By Erin Hobey  |  

  WISeKey International Holding Ltd (WIHN.SW), a leading Swiss cybersecurity and Blockchain IoT company announced today its intention to establish an IoT Blockchain Center of Excellence Center in the Canton of Zug aiming to deploy a Trusted Blockchain as a Service platform. The Center will… Read More

April 20, 2017 @ 4:31 am By Erin Hobey  |  

Flexiti Financial, POS financing and payment technology provider for retailers, announced that Diane J. Brisebois, President and CEO of the Retail Council of Canada (RCC), and Rick Padulo, Chairman and CEO of Padulo Integrated, a multimedia retail communications company, have joined Flexiti Financial as the first… Read More

April 20, 2017 @ 4:10 am By Erin Hobey  |  

Only three and a half years after its launch as WeltSparen in Germany, Raisin, the online marketplace for savings products, counts more than €3 billion in investments done on the platform. Raisin secured €60 million in several financing rounds from investors including Index Ventures, Ribbit Capital and Thrive Capital…. Read More

April 20, 2017 @ 3:43 am By Erin Hobey  |  

Japanese investment bank Nomura has set up a fintech program in India, inviting entrepreneurs in Mumbai to build new tools for capital markets. The Voyager partnership aims to give Indian fintech specialists access to Nomura’s resources at the Mumbai innovation centre, enabling them to test their ideas using… Read More

April 19, 2017 @ 6:39 pm By Samantha Hurst  |  

On Wednesday, NextGen Crowdfunding announced the sixth round winners of its Crowdfunding Video Awards (CVA). As previously reported, the CVAs will provide campaign organizers new ways to promote crowdfunding campaigns and products to backers as well as potential investors. Viewers of the CVAs voted for their favorite… Read More

April 19, 2017 @ 4:37 pm By Samantha Hurst  |  

Accenture (NYSE: ACN) announced on Tuesday that applications will soon open for its Asia-Pacific’s fourth annual FinTech Innovation Lab, which is described as a 12-week program that helps early and growth-staged fintech companies accelerate product and business development by gaining exposure to financial institution executive…. Read More

April 19, 2017 @ 3:53 pm By Samantha Hurst  |  

U.S. stock exchange group Nasdaq (Nasdaq: NDAQ), announced on Wednesday the launch of its venture investment program, Nasdaq Ventures, which is dedicated to discovering, investing in and partnering with unique fintech companies worldwide. According to the group, this program’s main objective is to identify and… Read More

April 19, 2017 @ 3:00 pm By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube recently announced it has formed a partnership with G By Grant Thornton to provide businesses with the tools and expertise needed to build a high-quality funding initiative and ensure they stand out to the investing crowd. Crowdcube revealed that it and… Read More

April 19, 2017 @ 1:56 pm By Samantha Hurst  |  

Fundraising platform MobileCause announced on Wednesday the launch of its new digital marketing services, which will be used to help nonprofits achieve their funding targets faster. According to the funding portal, the new software solutions will manage nonprofit fundraising and communication. While sharing details about… Read More

April 19, 2017 @ 12:36 pm By Samantha Hurst  |  

Music virtual reality platform Endless Riff announced on Wednesday  PledgeMusic founder, Benji Roger, along with former AOL and RCA exec Mike Rich, have joined its advisory platform. Founded in 2014, Endless Riff describes itself as a networked virtual reality platform where music fans can escape… Read More