General News

March 16, 2017 @ 10:41 am By Erin Hobey  |  

Today Hibergene‘s Series B funding round on SyndicateRoom will successfully close at midnight tonight, having raised at least £5,707,336 with the help of over 53 investors. Funds will be used to support R&D activities to launch three new products in 2017. The Irish medical diagnostics company specializes in the urgent diagnosis… Read More

March 16, 2017 @ 9:54 am By Erin Hobey  |  

Honored for her “outstanding leadership, integrity, performance, and team-building support within RealtyMogul, as well as her contributions to the advancement of the industry”, RealtyMogul.com CEO Jilliene Helman was named Fintech Woman of the Year at the first annual LendIt Industry Awards. The awards, which showcased leaders… Read More

March 16, 2017 @ 9:16 am By Samantha Hurst  |  

FinTech Australia announced the upcoming inaugural Finnie Awards, which is set to honor the leading achievements of the Australian fintech sector over the past twelve months. It is supported by Jobs for NSW.  “FinTech Australia plays a very active role in engaging the FinTech Community across… Read More

March 16, 2017 @ 9:16 am By Erin Hobey  |  

Bangkok Bank Public Company Limited announced its international FinTech accelerator program, Bangkok Bank InnoHub in partnership with corporate innovation partner Nest. The 12-week intensive program will take place in Bangkok, Thailand, aiming to exemplify the bank’s drive to inspire innovation and solidify its commitment to innovative new technologies. As the country’s leading… Read More

March 16, 2017 @ 8:56 am By Erin Hobey  |  

Launched only 19 months ago, Silver Bullion Pte Ltd‘s bullion has secured P2P loan platform has matched 1000 loans. While it took roughly 13 months to match its first500 loans, it took only another 6 months for Silver Bullion to reach 1000 loans. One of… Read More

March 16, 2017 @ 8:31 am By Samantha Hurst  |  

Chinese marketplace lending platform Yirendai announced on Thursday it has appointed Dr. Yichuan Pei as its new Chief Credit Officer. According to the lender, Dr. Pei will be responsible for the over management of its credit department to ensure that the credit risk of loan… Read More

March 15, 2017 @ 5:00 pm By Erin Hobey  |  

“Having trusted, independent research is critical to cutting through some of the noise from a fast-changing space like alternative finance…We cut across to give a big picture view which isn’t typically available in other research.” It’s official, alternative finance platforms have been granted an extension… Read More

March 15, 2017 @ 12:26 pm By Samantha Hurst  |  

Accenture announced on Wednesday the opening of its North America Innovation Center for Finance and Risk, which is located in New York City. According to Accenture, the new center seeks to help financial services companies quickly develop and scale advanced data and analytics capabilities. The… Read More

March 15, 2017 @ 11:40 am By Samantha Hurst  |  

On Wednesday, Biz2Credit announced its latest small business lending index revealed that loan approval rates at big banks ($10 billion+ in assets) improved to new post-recession highs in February 2017. The index also reported small banks and institutional investors also experienced an uptick in their loan approval… Read More

March 15, 2017 @ 9:59 am By Samantha Hurst  |  

SmartBiz Loans, an online SBA marketplace, and bank-enabling technology platform, announced on Wednesday it appointed former SBA Head of Capital Access, Ann Marie Mehlum, as a new member of its board of directors. During her time at SBA, Mehlum directed the government agency’s credit programs, which includes… Read More

March 14, 2017 @ 10:24 am By Samantha Hurst  |  

South by Southwest (SXSW) Conference and Festivals announced on Monday the winners for the ninth annual SXSW Accelerator Pitch Event, which took place March 11th-12th during the SXSW Startup Village Track at the Hilton Downtown Austin. The event’s judges include Phil Libin of General Catalyst, Sherwin Pishevar… Read More

March 14, 2017 @ 10:13 am By Erin Hobey  |  

SwissComply, a regulatory services provider for asset managers, has joined the fintech company Evolute to form Evolute Group AG. This merger of regulatory and fintech services creates a platform provider for asset managers that combines comprehensive regulatory services with digital technology. Kaspar Wohnlich has been selected as… Read More

March 14, 2017 @ 9:40 am By Erin Hobey  |  

Vaughn Richtor, current ING Advisor and former CEO of ING Direct Australia and  Growth Countries Asia has joined the RateSetter board, according to news services. Richtor commented that P2P loan marketplaces have “the potential to introduce more competition in financial services” and ultimately benefit the end consumer. “Vaughn’s track record… Read More

March 14, 2017 @ 8:58 am By JD Alois  |  

Stockholm Fintech Hub launched in late 2016, now has a permanent home in No18.  The new space will act not just as a collaborative workspace but will also allow Fintech companies to hold events. “Over the last 6 months, we have looked at many potential… Read More

March 14, 2017 @ 6:03 am By Erin Hobey  |  

With thirteen days remaining on its campaign, Place to Plug has raised over 80 percent of its goal from over 72 Crowdcube Spain investors.  To date the campaign has raised just over 81,140€ for 20.00% equity; 20,000€ is the largest investment to date. Place to Plug, headquartered… Read More

March 13, 2017 @ 5:09 pm By Samantha Hurst  |  

On Monday, Indiegogo announced seven films that were funded through its crowdfunding platform will be premiere at the 2017 SXSW festival in Austin, Texas. The event kicked off last weekend. “Every year, thousands of people flock to Austin to network, enjoy the BBQ and watch some of… Read More

March 13, 2017 @ 5:00 pm By JD Alois  |  

It is a fact that many people still do not have any idea as to how crowdfunding operates. To combat this issue, Krowdster and Eli Regalado, a crowdfunding expert, have launched a weekly webinar series during which attendees pose questions they may have about crowdfunding. During… Read More

March 13, 2017 @ 4:34 pm By Samantha Hurst  |  

CSI globalVCard, a B2B payments company specializing in secure and rewarding payments, announced last week it is expanding its services to Europe and has opened its new London office. According to CSI globalVCard, the expansion outside of North America was sparked by the company’s growing demand… Read More

March 13, 2017 @ 3:36 pm By Samantha Hurst  |  

Kickstarter and Crowdcube alum, PrimoToys, announced on Monday the launch of its new initiative, Girls Can Code Too. The company revealed: “This is a well-documented shortage of female science, technology, engineering, and mathematics (STEM) professions in the UK. For years, the industry has battled with the… Read More

March 13, 2017 @ 2:15 pm By Samantha Hurst  |  

CapitalRise, a London-based property investment platform, announced on Monday it is launching an Innovative Finance ISA (IFISA) wrapper for residential property. According to the platform, the new IFISA allows savers to invest a minimum of £1,000 and up to £15,240 in the current tax year (rising to £20,000 in the… Read More