General News

April 10, 2017 @ 1:40 pm By Samantha Hurst  |  

London-based Starling Bank announced on Monday the launch of its new Developer Portal, which now enables third-parties to securely access customer data and builds on top of the Starling Platform using the mobile-only bank’s Application Programming Interface (APIs). According to Starling Bank, the APIs allow external… Read More

April 10, 2017 @ 1:22 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has initiated enforcement actions against 27 individuals and entities behind promotional articles that did not disclose they were paid analysis cloaked as independent research. The SEC said investors were duped into believing they were reading unbiased articles when in… Read More

April 10, 2017 @ 11:45 am By Samantha Hurst  |  

LoanHero, a retail fintech and loan origination platform for automated lending to consumers at the point of need, announced on Monday it appointed Zalman Vitenson, Olaf Janke, and Mikel Sides, to its executive management team. Vitenson is now the company’s CEO, Janke is the new CFO, and Sides is… Read More

April 10, 2017 @ 11:43 am By Samantha Hurst  |  

CreditEase Wealth Management announced on Sunday it has formed a global strategic partnership with real estate developer, operator and investment manager, Tishman Speyer, in Beijing in order to extend global cooperation in resource sharing, fund investment, buyouts and business development.    According to CreditEase Wealth Management, with an… Read More

April 10, 2017 @ 11:24 am By Samantha Hurst  |  

European-based lending platform Spotcap announced on Monday the launch of its new fintech fellowship, which is geared towards aspiring graduate students. According to the online lender, the program will provide one student per academic year with a £8,000 stipend towards their studies. While sharing details about the… Read More

April 10, 2017 @ 10:57 am By Samantha Hurst  |  

UK-based peer-to-peer-secured lending platforms, Lendy, announced on Monday its latest report reveals that the number of new residential mortgages worth over £1 million went up by 24% last year (ending September 30, 2016), as banks continue to favor lending to owner-occupiers and reduce lending to property… Read More

April 9, 2017 @ 7:02 pm By Therese Torris  |  

Nathan Rose is the Director of Assemble Advisory, an agency which specializes in helping businesses raise equity through crowdfunding. Originally from New Zealand, Nathan constantly crisscrosses the planet and speaks to entrepreneurs from around the world who have had success with equity crowdfunding. His insights… Read More

April 9, 2017 @ 6:29 pm By JD Alois  |  

Canonical had an early crowdfunding success of sorts back in 2013. The company that is the guardian of Ubuntu Linux ran a campaign on Indiegogo that raised almost $13 million. At the time, that was the most ever on Indiegogo but it was far short of… Read More

April 9, 2017 @ 5:18 pm By JD Alois  |  

The UK’s Fintech Ambassador Eileen Burbidge encountered an unfortunate situation that too many people have endured (including yours truly). Burbidge had her credit card number ripped off and bogus transactions started to show up on her card. Burbidge eloquently shared the theft via twitter calling… Read More

April 9, 2017 @ 7:47 am By JD Alois  |  

The UK-based start-up, Lystable  announced an increase of $10 million in its Series A funding round to $21 million, doubling their valuation. Lystable is a freelancer collaboration app, allowing managers to supervise profiles, delegate work, keep track of invoices, and make payments. This new influx in… Read More

April 7, 2017 @ 2:26 pm By Samantha Hurst  |  

On Friday, Finnovation Africa: Uganda 2017 opened in Kampala and brought together more than 300 fintech leaders that are seeking to drive the constructive transformation of banking and financial services across Africa.  According to the organizers, the conference opened with a keynote session featuring international fintech… Read More

April 7, 2017 @ 11:11 am By JD Alois  |  

Anthony Rose has partnered with Laurent Laffy to enable UK startups to complete funding rounds faster. SeedLegals, a Legaltech platform, has launched an automated platform to fully manage startup funding rounds in the cloud. Rose, described as a serial entrepreneur and tech-visionary with two successful… Read More

April 7, 2017 @ 10:07 am By Samantha Hurst  |  

CreditEase Wealth Management announced on Thursday it signed a memorandum of understanding (MoU) with the School of Business Administration, the Hebrew University of Jerusalem (HUJ) last month to jointly boost strategic cooperation in internship, educational resource sharing, cultural events and commercial exchanges.  The company reported… Read More

April 7, 2017 @ 9:00 am By Jonathan Nieh  |  

Three groups have been vying to become the first SEC-approved bitcoin ETF. A bitcoin ETF would essentially create a publically traded bitcoin index by creating a trust that is entirely funded by bitcoins. The trust would then issue shares which can be purchased by the public… Read More

April 6, 2017 @ 4:30 pm By Samantha Hurst  |  

Following the closing of ChargeSync’s campaign, Invesdor announced that the company’s initiative became the first UK success on the crowdfunding platform. ChargeSync is a London-based company that is looking to cut power bills and emissions by storing and optimizing power for household or business consumption. The company… Read More

April 6, 2017 @ 12:46 pm By Samantha Hurst  |  

London fintech company, The Hub Exchange announced on Thursday it has formed a strategic partnership with London Stock Exchange Group’s ELITE, a business development and capital raising platform. ELITE, which was launched by London Stock Exchange Group in 2012, is a full-service program that is… Read More

April 6, 2017 @ 11:41 am By Samantha Hurst  |  

Fundraising platform for nonprofits, MobileCause, announced on Wednesday enhancements and features launched with its first quarter 2017 product release, which are designed to help users raise more funds and simplifies fundraising processes for nonprofits. While sharing details about the features and enhancements, Sean MacNeill, MobileCause… Read More

April 6, 2017 @ 5:09 am By Erin Hobey  |  

Fearful of significant revenue loss to standalone Fintech challengers, UK Fintech firms are consideration acquisition and partnership formation with their potential new rivals as a way to neutralize the potential threat, according to a recent PwC survey. “Activity in the UK ranges from partnering with fintechs startups, financing… Read More

April 6, 2017 @ 4:54 am By Erin Hobey  |  

PayPal (PYPL) and Visa (NYSE:V) have extended their U.S. partnership to the Asian Pacific market, a move that will see them work collaboratively to accelerate the adoption of secure, reliable and convenient digital and mobile payments for consumers and merchants in markets throughout the region. This… Read More

April 6, 2017 @ 4:37 am By Erin Hobey  |  

The future of fashion is eco, sustainable, biodegradable, produced with natural materials;  COSHOP has positioned itself within this sector as an innovative, responsible and sustainable  solution. Linking with Crowdcube Spain, COSHOP seeks to raise 160,000€ for 13.82% equity offered. To date, over 21 investors have contributed over 21,400€ to… Read More