General News

April 12, 2017 @ 2:16 pm By Samantha Hurst  |  

San Francisco fintech company, Ripple, announced on Wednesday it has appointed former business director at SWIFT gpi, Marjan Delatinne, as its new sales director for Europe. The company reports that Delatinne will lead its sales efforts for financial institutions in Europe and will sell its commercial blockchain… Read More

April 11, 2017 @ 10:37 pm By JD Alois  |  

Draper Esprit (AIM: GROW, ESM: GRW), a publicly traded venture capital firm, has provided an update since its IPO back in June 2016.  According to management, the VC has been “very active” since its admission to AIM & ESM. Draper Esprit was originally launched in… Read More

April 11, 2017 @ 10:16 pm By JD Alois  |  

Londoners are being invited to pitch for cash to improve their local areas in an initiative sponsored by the city of London. Crowdfund London will allow select projects to be supported with up to £50,000 through crowdfunding model. The Mayor of London, Sadiq Khan, is inviting… Read More

April 11, 2017 @ 8:30 pm By Erin Hobey  |  

  “Fintech, online lending, AI and privacy are complicated issues, so we’ve created innovative solutions and approaches that D.C. embraces once they understand them. Our message to Washington is: call us! We have someone to translate tech speak and “bureaucratese” for all of Washington’s questions.”… Read More

April 11, 2017 @ 3:41 pm By JD Alois  |  

Perkins Coie LLP, a legal firm with offices in the United States and Asia, has boosted their Fintech horsepower with the addition of Jacob S. Farber and Frederick B. Fedynyshyn as senior counsel in its Technology Transactions & Privacy practice. Perkins Coie considers itself legal experts… Read More

April 11, 2017 @ 11:50 am By Samantha Hurst  |  

Platform as a service company, Katipult, announced on Tuesday it formed a partnership with Fineqia to bring risk-mitigated investment to the crowd. According to the companies, Fineqia will use Katipult’s crowdfunding software product to start its UK business that will bring crowd investors to some… Read More

April 11, 2017 @ 11:04 am By Samantha Hurst  |  

Biz2Credit announced on Tuesday that its latest small business lending index revealed that loan approval rates at institutional investors and small banks improved in March 2017. Big banks’ ($10 billion-plus in assets) loan approval was stagnant during the month but remained at an all-time Index… Read More

April 11, 2017 @ 7:52 am By JD Alois  |  

OPC Live! Innovation Challenge launched today during the Innovate Finance Global Summit in London. The worldwide competition is to encourage developers and Fintech firms to innovate and transform business to business payments – an industry that drives an estimated $290 billion in revenues but trails consumer… Read More

April 10, 2017 @ 10:24 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a discussion paper on distributed ledger technology (DLT) also commonly called Blockchain. The document was released today amidst of a flurry of Fintech related news as the Innovate Finance Global Summit kicked off in London.  The FCA… Read More

April 10, 2017 @ 5:07 pm By Samantha Hurst  |  

Independent financial advisory organization, deVere Group, announced on Monday it is launching its new global e-money app, deVere Vault. According to deVere Group, the debut of deVere Vault has been facilitated by the company receiving its e-money banking license. While sharing details about the new app, Nigel… Read More

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