General News

April 19, 2017 @ 10:37 am By Samantha Hurst  |  

On Tuesday, Pi Capital announced it was named financial advisor and placement agent to Money360 for its $250 million South Korean financing vehicle, which designed to allow the online lender to employ funding as it provides commercial real estate loans to its U.S. client base. Steve Carlson,… Read More

April 19, 2017 @ 10:10 am By Samantha Hurst  |  

ApplePie Capital announced on Wednesday the acquisition of Funding Solutions, LLC, a national franchise lending consultancy that specializes in SBA, conventional and equipment finance loans, and the appointment of Ronald Feldman, who was named chief development officer. While sharing details about the acquisition and appointment, Denise Thomas,… Read More

April 19, 2017 @ 9:17 am By Jonathan Nieh  |  

It’s been over a year since the SEC’s Division of Economic and Risk Analysis (DERA) published its report on Private Securities Offerings post-JOBS Act. And while since that time, DERA has published more data about Regulation CF and Regulation A, the SEC has yet to… Read More

April 18, 2017 @ 6:35 pm By JD Alois  |  

California is perhaps the most natural state to enact an instrastate law to facilitate investment crowdfunding. Yet multiple attempts at crafting bespoke legislation to allow crowdfunding have failed multiple times. Honestly, I have lost count of the number of bills hoisted up the lawmaking flagpole… Read More

April 18, 2017 @ 4:02 pm By Samantha Hurst  |  

On Tuesday, financial services firm Edward Jones announced a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in fintech startups. According to Edward Jones’ Chief Information Officer, Vinny Ferrari,  the relationship with SixThirty is consistent with the company’s drive to provide investors an ideal… Read More

April 18, 2017 @ 3:25 pm By Samantha Hurst  |  

Global fintech firm InvestCloud announced on Tuesday the launch of its new Navy apps for pensions, endowments, and foundations (PEF). According to the company, these upgrades to Navy enable informational power for better asset allocation through robust access, control, and entry apps, offering multiple views… Read More

April 18, 2017 @ 11:00 am By Erin Hobey  |  

P2P crowdlending platform Zank closed its €490,450 Crowdcube Spain funding round, the platform’s second succesful raise with Crowdcube Spain and its third successful round in the company’s history.  201 private investors acquired the 9.89% equity stake in the Barcelona-based startup, including ESADE BAN and the ESADE… Read More

April 18, 2017 @ 10:39 am By Erin Hobey  |  

Today P2P-Banking launched a new IFISA database which offers investors an easier way to compare IFISA providers offers. UK taxpayers can invest up to 20,000 GBP per year tax-free in ISAs; a person may invest 20,000 GBP this tax year and invest 20,000 GBP in a different ISA next year. The… Read More

April 18, 2017 @ 10:03 am By Erin Hobey  |  

In this brief video entitled “FinTech How technology is changing the world of finance,” BBC Newsnight spotlights some problems facing SMEs when it comes to collecting payments. Fees overwhelm. Payments delayed. Fintech maverick, Crowdcube campaigner and Monzo CEO Tom Blomfield addresses how lack of competition allows brick… Read More

April 18, 2017 @ 9:27 am By JD Alois  |  

IW Capital has published research on UK investor sentiment regarding Brexit and the impact of Article 50. Surveying 1000 investors who have between £10,000 and over £250,000 worth of investments, IW Capital says that a significant number of investors are willing to shoulder greater risk in… Read More

April 18, 2017 @ 6:38 am By Erin Hobey  |  

Following the devastating murder of 74-year-old Robert Godwin in Cleveland, Ohio, the city’s police chief Calvin Williams warned those wanting to donate funds to the family through the crowdfunding platform GoFundMe to be careful when it comes to scams.  The platform reached out to confirm which… Read More

April 18, 2017 @ 5:55 am By Erin Hobey  |  

In response to growing demand from investors in search of better investment returns for their pensions, UK P2P service provider BondMason has launched a new Self-Invested Personal Pension (SIPP) service. “P2P Lending is an increasingly attractive asset-class, however SIPP administrators are rightly concerned with the practical difficulties of monitoring… Read More

April 17, 2017 @ 3:49 pm By Samantha Hurst  |  

Following the devastating murder of 74-year-old Robert Godwin in Cleveland, Ohio, the city’s police chief Calvin Williams warned those wanting to donate funds to the family through crowdfunding platform GoFundMe must be careful when it comes to scams. On Sunday, Godwin was allegedly shot to death… Read More

April 17, 2017 @ 3:09 pm By Samantha Hurst  |  

Texas fintech company Payix announced on Monday it has formed a partnership with California’s Nortridge Software to help lenders connect with borrowers and improve their collect payments abilities. According to the companies, this new partnership with allow Payix to offer real-time integration between its suite… Read More

April 17, 2017 @ 12:49 pm By JD Alois  |  

Deloitte’s recent report on Fintech Hubs entitled A tale of 44 cities – Connecting Global FinTech: Interim Hub Review 2017 indicated that London remained at the top of the list with Singapore closely behind it and obviously hoping to become number one. But alongside the original 20… Read More

April 17, 2017 @ 11:10 am By Samantha Hurst  |  

Bank Negara Malaysia’s Financial Technology Enabler Group (FTEG) announced on Monday it is now seeking ideas from the public on the improvements to financial services sector by harnessing innovation and technology. The call for participation for ideas is now open through its new “Fintech Hacks” initiative,… Read More

April 15, 2017 @ 12:36 pm By Samantha Hurst  |  

Earlier this week, Ireland-based fintech company Fenergo announced Spencer Lake, a former Vice Chairman of HSBC Global Banking and Markets, has joined its Board of Directors as its new Vice Chairman.  According to Fenergo, Lake held several global senior roles during his tenure at HSBC, including… Read More

April 14, 2017 @ 5:33 pm By Samantha Hurst  |  

Earlier this week, IBM (NYSE: IBM) and Sichuan Hejia Co., Ltd. (Hejia) announced they have collaborated to launch a new blockchain-based supply chain financial service platform specifically for pharmaceutical procurement. The companies confirmed that the new service is to help improve efficiency, transparency, and operation of… Read More

April 14, 2017 @ 5:17 pm By JD Alois  |  

The Federal Reserve has published a report on the state of small business credit. The Small Business Credit Survey (SBCS), a national collaboration of the 12 Federal Reserve Banks, is designed to provide information on small business financing needs, decisions, and outcomes to policy makers. The… Read More

April 14, 2017 @ 2:30 pm By JD Alois  |  

Crowdfunding platforms in the US have been unable to accept investments via credit cards thus streamlining the process of purchasing securities online. That is until now. Vantiv (NYSE:VNTV), a Cincinannit based payment processor, has decided to facilitate these transactions. In a recent update by FundAmerica,… Read More