General News

March 30, 2017 @ 7:37 am By Erin Hobey  |  

Orca, an independent data, research and analysis provider in the UK P2P lending market, launched a new platform which aims to help financial advisers and sophisticated investors to better “seize” opportunities within the P2P market. The platform, by offering unique standardized metrics to compare P2P investments, will allow users to perform in-depth… Read More

March 29, 2017 @ 3:40 pm By Samantha Hurst  |  

OurCrowd-based and global online freight network, Freightos, announced it raised $25 million during its Series B extension round, which was led by led by GE Ventures. The company reported that the funds would be used to scale the Freightos Marketplace while continuing development of its’ software suite… Read More

March 29, 2017 @ 1:18 pm By Samantha Hurst  |  

Fintech company, Quint Group, announced on Wednesday it secured £10m financing deal from Manchester based Tosca Debt Capital to fund its recapitalization. The company, which was founded in 2009, is behind the UK-based growing consumer price comparison site, MoneyGuru.  Quint also owns and operates a… Read More

March 29, 2017 @ 10:19 am By JD Alois  |  

OTC Markets Group Inc. (OTCQX: OTCM), has added Colonial Stock Transfer Co. Inc. and Transfer Online, Inc. to their Transfer Agent Verified Shares Program. The addition of these companies further grows the list of transfer agents that have partnered with OTC Markets Group to improve… Read More

March 29, 2017 @ 9:05 am By Samantha Hurst  |  

Fintech pioneer BlueVine announced on Wednesday that this month marked its third year as an online provider of flexible and convenient working capital financing to small and medium-sized businesses. Launched in 2014, BlueVine’s platform offers 100% online invoice factoring service. The company reportedly funded nearly $200 million… Read More

March 29, 2017 @ 8:22 am By Samantha Hurst  |  

ShapeShift AG, an instant exchange for Bitcoin digital currency and other blockchain assets, announced on Tuesday it secured $10.4 million Series A funding round, which was led by Berlin-based Earlybird with participants from Lakestar, Access Venture Partners, Pantera Capital, and Blockchain Capital. The company, which was founded… Read More

March 28, 2017 @ 2:07 pm By Samantha Hurst  |  

UK-based peer-to-peer-secured lending platforms, Lendy, announced on Tuesday it is integrating its popular investor-facing platform, Saving Stream, under its Lendy brand as part of the platform’s continued growth. According to the company, it is merging Saving Stream, with its borrower-facing brand, Lendy Finance, in order to simplify… Read More

March 28, 2017 @ 11:14 am By Erin Hobey  |  

Bionure, a Spanish biotech company developing a  first-in-class drug for the treatment of multiple sclerosis, is currently 115% overfunding on Capital Cell. With more than €1,100,246 raised, Bionure has broken the record for the highest amount raised on a Spanish life science equity crowdfunding platform. Valued at… Read More

March 28, 2017 @ 11:12 am By Samantha Hurst  |  

On Tuesday, Hasbro, Inc. (NASDAQ: HAS) along with Shark Tank star Daymond  John announced Cloud Control as the grand prize winner of the Fall 2016 Gaming Challenge. As previously reported, the contest offered independent game designers a prominent platform to promote their ideas, while enabling… Read More

March 28, 2017 @ 7:19 am By Samantha Hurst  |  

Peer-to-peer real estate lending marketplace, Relendex, announced on Tuesday it received full authorization from the from the Financial Conduct Authority (FCA). The online lender confirmed that this new milestone would allow it to launch its new Innovative Finance ISA giving retail investors unparalleled tax efficient lending… Read More

March 28, 2017 @ 5:59 am By Erin Hobey  |  

Global Debt Registry (GDR), the asset certainty company known specializing in loan validation, will be utilizing data from credit information provider TransUnion in order to extend the range of GDR’s eValidationSM services for investors and issuing creditors in the online lending industry. By combining GDR’s expertise in real validation of… Read More

March 28, 2017 @ 5:35 am By Erin Hobey  |  

LendInvest, a leading UK online property finance lender, is launching the LendInvest Property Development Academy in four more key cities around the country following overwhelming demand for its London & Southeast courses. “There are no quick fixes to our national housing crisis, but by equipping… Read More

March 27, 2017 @ 9:11 pm By Jonathan Nieh  |  

Current State of Affairs Small business lender Kabbage announced earlier this month that it would begin selling over $525 million worth of loans to investors, which will in turn increase its lending capacity to over $2.7 billion. In contrast, Kabbage’s competitor OnDeck, has seen its share… Read More

March 27, 2017 @ 3:02 pm By Samantha Hurst  |  

CreditEase Wealth Management announces on Monday its Offshore Private Credit Fund (OPCF) has invested a total of $30 million in two transactions with OnDeck and LendingHome. This announcement comes just one year after the fund made its first investment in Avant and Prosper. According to… Read More

March 27, 2017 @ 2:04 pm By Samantha Hurst  |  

German-based SME lending platform Bitbond and African payment services provider BitPesa announced on Monday they have formed a new partnership to improve access to African SMEs financing.  Bitbond stated that by working with BitPesa, borrowers who receive funding on its lending platform can now have their loan… Read More

March 27, 2017 @ 12:30 pm By Samantha Hurst  |  

European fintech company, Creamfinance LLC, announced on Monday it received a €21 million investment from South Africa’s Capitec Bank during its Series B funding round. The new round of funding comes just after the company secured €5 million during its Series A round from international venture capital… Read More

March 27, 2017 @ 12:06 pm By Samantha Hurst  |  

WorldRemit, announced on Monday it is launching its online money transfer services in Japan. This news comes less than a week after the company announced its launch in Hawaii and customers in Japan will now be able to send money to family and friends worldwide, using… Read More

March 27, 2017 @ 9:57 am By Samantha Hurst  |  

Online investment platform SyndicateRoom announced on Monday it is set to support the IPO of Downing Strategic Micro-Cap Trust PLC (DSM) on the main market of the London Stock Exchange, which opens for investment today. SyndicateRoom has been appointed as a retail distribution agent for… Read More

March 27, 2017 @ 9:00 am By Samantha Hurst  |  

ID Finance, a data science and digital finance company, announced on Monday it has officially joined peer-to-peer lender Mintos and has already begun placing personal unsecured loans issued in Spain under its MoneyMan brand on the lending platform’s marketplace.  ID Finance shared it is joining Mintos just after… Read More

March 27, 2017 @ 3:00 am By Erin Hobey  |  

“Equity crowdfunding is becoming a more viable, accessible and attractive option for non-institutional investors in sectors that affect everyday life.  Global connectivity, has meant that startups have greater entrée to investors from diverse geographies outside the traditional tech hubs, effectively strengthening the democratization process and… Read More