General News

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

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