General News

March 23, 2017 @ 11:55 am By Samantha Hurst  |  

On Thursday, Kickstarter announced that it has hit a brand new milestone. A total of 10,000 game projects have successfully been funded since the funding portal’s launch in 2009. The crowdfunding giant revealed in a blog post: “The day after Kickstarter launched in 2009, Eric… Read More

March 23, 2017 @ 11:50 am By JD Alois  |  

OFF3R is out with an updated report on the UK equity crowdfunding market and, according to their numbers, this sector of finance has bounced back from a January slump.  As we last reported, OFF3R said that peer to peer lending remained strong in January but… Read More

March 23, 2017 @ 11:21 am By Samantha Hurst  |  

Florida-based FundThis announced on Thursday the launch of its new “crowdfunding platform of the future.” The website stated it is seeking to provide campaigns with the tools, support, and funds needed for success. As part of helping campaigners achieve their funding goals, FundThis is offering… Read More

March 23, 2017 @ 9:20 am By Samantha Hurst  |  

Global innovation platform Plug and Play announced on Thursday its largest cohort to date. It is now running nine of their programs simultaneously with 175 startups being dispersed across the following innovation platforms: Brand & Retail, Fintech, Food & Beverage, Health & Wellness, Insurtech, Internet of… Read More

March 22, 2017 @ 9:40 pm By JD Alois  |  

The House Financial Services Committee, Subcommittee on Capital Markets, met for the first time in 2017.  A new Chairman, Congressman Bill Huizenga, managed the proceedings for the first topic of the year regarding the “Impact of the JOBS Act After Five Years”. The Hearing involved the… Read More

March 22, 2017 @ 4:22 pm By Samantha Hurst  |  

Last Friday, the Governor of the State Bank of Vietnam (SBV) signed Decision No.328/QĐ-NHNN to establish SBV Steering Committee on Fintech. According to the bank, the Steering Committee on Fintech will be led by Deputy Governor Nguyen Kim Anh and Deputy Director of SBV Payment… Read More

March 22, 2017 @ 1:36 pm By Samantha Hurst  |  

Deutsche Bank announced on Tuesday the opening of its Fintech innovation lab in New York City. This is the bank’s fourth global lab and it is located in Lower Manhattan’s Fulton Center. The lab will explore new technologies focused in various industries, including artificial intelligence,… Read More

March 22, 2017 @ 11:40 am By Samantha Hurst  |  

Fintech startup and new app Dosh announced on Wednesday it raised $2 million during a seeds funding round. The company reports that the new funds bring its total investment to more than $6 million. Dosh stated its new app can find cash for consumers when… Read More

March 22, 2017 @ 10:27 am By Samantha Hurst  |  

Specialist provider of P2P and marketplace lending products and services, Goji, announced on Wednesday it is launching a diversified peer-to-peer lending bond. The company reports that this bond will open access for financial advisers and wealth managers to the fast-growing and attractive P2P and direct lending… Read More

March 22, 2017 @ 8:57 am By Samantha Hurst  |  

Innovate Finance, the membership association for UK’s global fintech sector, announced on Wednesday the finalists for Pitch360, the organization’s first fintech startup competition, which takes place on day two of Innovate Finance’s prestigious global summit at Guildhall London on April 11th. Applications for the pitch session… Read More

March 21, 2017 @ 5:24 pm By Samantha Hurst  |  

On Monday, Johnson & Johnson, along with partners CI&T and R/GA, announced crowdfunding platform for public health projects, CaringCrowd, received the SXSW Interactive Innovation People’s Choice Award at the 20th annual SXSW Interactive Innovation Awards. CI&T and R/GA reportedly collaborated on the interactive and design work…. Read More

March 21, 2017 @ 1:46 pm By Samantha Hurst  |  

On Tuesday, Kickstarter announced it was welcoming e-commerce platform Shopify to its resources page. According to the crowdfunding giant, Shopify is now offering campaign creators a 45-day free trial. The Kickstarter team stated: “We are excited to work with Shopify because when paired with themes… Read More

March 21, 2017 @ 11:58 am By Samantha Hurst  |  

Online lending platform OnDeck (NYSE: ONDK) announced on Monday former Morgan Stanley COO, Jim Rosenthal, is set to join its board of director. This appointment will go into effect on April 3rd.  OnDeck reported during his tenure at Morgan Stanley, Rosenthal served in various roles, including… Read More

March 21, 2017 @ 11:39 am By Samantha Hurst  |  

Digital money transfer service, WorldRemit, announced on Tuesday it has expanded in North American by launching in Hawaii. The company’s Hawaiian customers may now send money to over 140 destinations as easily as sending an instant message, using the WorldRemit smartphone app or website. According to… Read More

March 21, 2017 @ 9:07 am By Samantha Hurst  |  

Peer-to-peer lending platform Assetz Capital recently announced it is maintaining its 5 Star Rating from Defaqto in the independent financial information business’ “Loan Based Crowdfunding” category. The online is now one of only two platforms to have achieved the highest rating awarded by Defaqto.  Assetz Capital reports that… Read More

March 20, 2017 @ 4:43 pm By Samantha Hurst  |  

FinTech Circle has formed a partnership with Cape Innovation and Technology Initiative (CiTi) to launch FinTech Academy Africa. The companies revealed that the new program is geared towards those interested looking more about fintech and the curriculum was designed to deliver a comprehensive understanding of the… Read More

March 20, 2017 @ 4:17 pm By JD Alois  |  

Fitch Ratings has taken the following rating actions on Citi Held for Asset Issuance 2016-PM1 (CHAI 2016-PM1), which is backed by marketplace loans originated via the Prosper platform: Class A upgraded to ‘Asf’ from ‘A-sf’; Outlook Stable; Class B upgraded to ‘BBBsf’ from ‘BBB-sf’; Outlook… Read More

March 20, 2017 @ 12:25 pm By Samantha Hurst  |  

On Monday, IBM announced the launch of its new developer tools specifically for financial services, which is known as the IBM Cloud for Financial Services. The new tools will notably offer the “essential building blocks” for financial services app creations. IBM reported that over 100,000… Read More

March 20, 2017 @ 11:49 am By Samantha Hurst  |  

B2B travel payment solutions provider eNett International announced on Monday it has teamed up with UAE supply chain finance platform Invoice Bazaar to help make faster, easier, and safer supplier payments with the eNett Virtual Account Numbers (VANs) even more accessible for middle eastern travel… Read More

March 20, 2017 @ 11:47 am By Amy Wan  |  

On Monday, March 6, 2017, Congressman Patrick McHenry gave keynote remarks at the Lendit Conference in New York City. Among the themes of his speech, McHenry talked about the need for financial inclusion, citing a statistic that counties with less than 100,000 in population saw… Read More