General News

March 31, 2017 @ 8:24 am By Erin Hobey  |  

With the hope of bringing an affordable and compact version of industrial knitting machines to backer’s workshops and homes, Kniterate has synced with Kickstarter. The Kniterate automatically turns user’s digital designs into knitted garments and enables small-scale runs to test swatches and new stitches without tech… Read More

March 31, 2017 @ 7:44 am By Cole Lyons  |  

An additional 33 companies have registered for the UK’s Women in Finance Charter, the ground-breaking piece of legislature aimed to conquer gender inequality. This announcement arrives on the very first anniversary of the charter, which now includes 122 firms, over half a million people in… Read More

March 31, 2017 @ 7:17 am By Erin Hobey  |  

Do you remember using Travelers Checks when traveling? Filling out your name on individual checks and jotting down all those checks numbers? Checking into an international American Express office to exchange money, picking up mail or making a telephone call? Collect? Lugging around a Let’s… Read More

March 31, 2017 @ 6:43 am By Erin Hobey  |  

Crowdo has launched its securities crowdfunding platform today at the Singapore Exchange (SGX) hosted ‘Plugged In’ event during which Crowdo Co-Founder and CEO Leo Shimada gave the keynote address. The event was also the forum for the official announcement of Crowdo’s strategic partnership with the SGX. Crowdo’s… Read More

March 30, 2017 @ 3:51 pm By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube announced on Wednesday it has formed a new partnership with Amazon Web Services. This new collaboration will help the funding portal provide eligible companies with membership to the Activate program. The Activate program is described as the following: “Amazon Web Services provides… Read More

March 30, 2017 @ 2:00 pm By Therese Torris  |  

Ron Suber, the President of the US marketplace lender Prosper, was interviewed today by Cédric Teissier, the CEO of the French factoring platform Finexkap, at the annual conference of the  France Fintech association, titled “Fintech Revolution 2017 – Here to Stay”. Cédric Teissier asked Ron… Read More

March 30, 2017 @ 10:26 am By Samantha Hurst  |  

North American e-retailer, Newegg, announced on Wednesday it is teaming up with Indiegogo once again, this time to find the latest and greatest technology innovations. Newegg’s Gregory Rice revealed in a blog post: “At Newegg, we love tech. No surprise there, we’ve been drooling over the… Read More

March 30, 2017 @ 9:50 am By Erin Hobey  |  

In votes this and last week that were largely along party lines, US Congress moved to dismantle the landmark internet privacy protections for consumers, a strike against Obama’s telecommunications and technology regulations.. At this writing GoFundMe is hosting fourteen concurrent crowdfunding campaigns that supposedly offer donors the opportunity to buy Congress… Read More

March 30, 2017 @ 8:55 am By Samantha Hurst  |  

Online fundraising platform MobileCause announced on Thursday it has expanded its executive management team by appointing Tim Kane its new senior vice president of small- and medium-sized businesses (SMB) sales. Kane brings more than twenty years of industry experience. Before joining MobileCause, he was a key… Read More

March 30, 2017 @ 7:53 am By Erin Hobey  |  

Kreditech Group subsidiary, LLC MFC  Kreditech Russia, received the status of a Microfinance Company (MFC) from the Central Bank of Russia. A new federal law in Russia aims to make the microfinance market transparent and understandable and requires MFC status for all alternative lending companies operating in… Read More

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