General News

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

April 6, 2017 @ 3:54 am By Erin Hobey  |  

WhatsApp seems to be laying down the groundwork for a P2P operation in India. The Facebook-owned global messaging service is currently advertising for a digital transaction lead with experience of UPI, Aadhaar and BHIM, seen as the precursor to a possible P2P payments service launch in India, according to multiple… Read More

April 5, 2017 @ 6:45 pm By JD Alois  |  

CommunityLeader has ceased operations. The “private labeled software and service solution for the solicitation, sale, and support to private securities” has posted a notice on their website stating: CommunityLeader has ceased operations. There are no future plans for the use of the site at this… Read More

April 5, 2017 @ 1:28 pm By Samantha Hurst  |  

Street Contxt, a fintech company that helps brokerages, independent research providers, and asset managers distribute, manage, unbundle and value research, announced on Wednesday it received an investment by a strategic funding consortium led by existing investor Joe Lonsdale of 8VC, and including an investment by… Read More

April 5, 2017 @ 11:42 am By Samantha Hurst  |  

Business commerce platform Tradeshift announced on Wednesday it has partnered with Chinese peer-to-peer lender CreditEase to launch a trade financing app, which is aiming to bring low-cost financing to millions of businesses in China. According to Tradeshift, the goal of this partnership is to help solve… Read More

April 5, 2017 @ 8:09 am By JD Alois  |  

There is growing global appreciation of women in Fintech, and FinTech Australia is recognizing this phenomenon with a new award for female Fintech leaders. FinTech Australia has announced the Female FinTech Leader of the Year award as part of its inaugural Finnies awards being held… Read More

April 5, 2017 @ 7:00 am By Erin Hobey  |  

Kabbage, a leading financial services, technology and data platform, announced it has extended more than $3 billion to small businesses across all 50 U.S. states, covering every industry. The company has also now served over 100,000 small businesses through its platform, representing the largest customer base of… Read More

April 4, 2017 @ 5:40 pm By Erin Hobey  |  

“We have gained a foothold within the industry by partnering with 42 brands to date. Moving forward we will continue to innovate…” Having spent more than 20 years as a corporate executive in companies backed by prosperous VC firms including Kleiner Perkins, Mohr Davidow and Sequoia Capital, ApplePie Capital CEO… Read More

April 4, 2017 @ 4:15 pm By Samantha Hurst  |  

On Tuesday, digital financial services company Ally announced the launch of its new online auto finance marketplace, Clearlane. This new platform notably connects consumers with leading auto finance providers to finance or refinance their vehicles. According to Ally, the Clearlane network includes numerous national, regional and local providers,… Read More

April 4, 2017 @ 3:29 pm By Samantha Hurst  |  

On Tuesday, Kickstarter announced the launch of Guest Pledging. This new feature will be offered to those who choose not to create an account with the funding portal and will contribute to projects as a Guest. While sharing details about Guest Pledging, Kickstarter stated: “One… Read More

April 4, 2017 @ 12:13 pm By Samantha Hurst  |  

Biz2Credit announced on Tuesday it is teaming up with Columbia Business School to host the inaugural conference of Frontiers of Digital Finance on May 31st at Lerner Hall of Columbia University’s campus in New York City.  According to Biz2Credit and Columbia Business School, the conference will… Read More