General News

April 24, 2017 @ 11:46 am By Samantha Hurst  |  

Blockchain startup, Humaniq, announced on Monday it has appointed Former winner of BBC’s The Apprentice, Tim Campbell, has been appointed as a new member of its board. According to Humaniq, Campbell will join Alex Fork, Dinis Guarda and Dmitry Kaminskiy on the board. Speaking about his appointment, Campbell… Read More

April 24, 2017 @ 10:48 am By Samantha Hurst  |  

Equifax Canada announced last week the launch of its Risk Reveal, which is said to help businesses achieve better credit decisions at a faster rate. The fintech company stated that by combining the depth of two credit databases into one solution, the new feature would… Read More

April 24, 2017 @ 10:14 am By JD Alois  |  

Asset Match, a London-based company offering a trading market for unlisted companies, is out with a report on UK sentiment following Brexit and Article 50 progress. According to their research, consumers are rallying behind British business with “overwhelming confidence” that UK business will benefit from… Read More

April 24, 2017 @ 8:11 am By JD Alois  |  

Following the announcement that real estate crowdfunding platform PeerRealty had been sold to Brelion, founders Jordan Fishfeld and Juan Hernandez are shifting their energy to solving a pressing issue in the alternative finance space: creating a secondary market for alternative assets including securities sold on… Read More

April 23, 2017 @ 9:49 pm By JD Alois  |  

DeClout (SGX:5UZ) has launched a new incubator program designed to help local Fintech startups. Announced today, the program has been launched via its wholly-owned subsidiary, DeClout Investments Pte. Ltd. Under its incubation program DeClout will mentor early-stage startups and help them in product development, proof-of-concept,… Read More

April 23, 2017 @ 5:26 pm By JD Alois  |  

Dow Jones Venturesource is out with their most recent European Venture Capital report and, according to them, the numbers are good for the first quarter of 2017. While the total amount of venture funding raised in Q1 2017 is below Q1 2016, the numbers are… Read More

April 22, 2017 @ 4:29 pm By Samantha Hurst  |  

Nevada-based Fintech startup Prime Trust announced on Friday it has appointed former Hambrecht Partner and CTO, Whitney White as its new COO and CTO.  According to Prime Trust, during his 17 years at Hambrecht White assisted in the design and execution of the company’s capital… Read More

April 21, 2017 @ 12:00 pm By Jonathan Nieh  |  

On April 20, 2017, amendments to Rule 147 and new Rule 147A, federal intrastate offering exemptions, finally went into effect. The amendments to Rule 147 and new Rule 147A are intended to modernize and update the exemption that allows companies to raise money from investors who… Read More

April 21, 2017 @ 11:07 am By Samantha Hurst  |  

Blockchain company Humaniq announced on Friday it has formed a partnership with global consulting firm Deloitte. This news comes just after Humaniq secured $3.9 million through its initial coin offering.  Humaniq stated its currently on a mission to provide financial inclusion products and services powered… Read More

April 21, 2017 @ 10:04 am By Samantha Hurst  |  

On Friday, BMO Harris Bank announced it has formed a partnership with technology and entrepreneurship ecosystem 1871 to launch a new Chicago-based fintech three-month mentorship program. The new program, which is called the BMO Harris/1871 FinTech Partnership, will offer six selected startups with the following: A… Read More

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