General News

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

March 13, 2017 @ 11:54 am By Samantha Hurst  |  

Over the weekend, Indiegogo revealed the importance of diversity and inclusion on its crowdfunding platform. The company announced that over 700,000 from 223 countries and territories have used its funding portal since its launch in 2008. “We started Indiegogo because when all ideas from all kinds… Read More

March 13, 2017 @ 10:59 am By Samantha Hurst  |  

Fintech startup and practice management platform for tax professionals, Canopy, announced on Monday it raised $20 million during a Series B funding round led by Pelion Venture Partners, with participation from existing investors New Enterprise Associates (NEA), EPIC Ventures, and Deep Fork Capital. Canopy has grown by… Read More

March 12, 2017 @ 6:58 pm By JD Alois  |  

The Sinclair ZX Spectrum Vega Plus Console crowdfunding campaign on Indiegogo may win the award for most melodramatic campaign ever. From the delays to lawsuits and the inevitable demands for refunds – it’s all here. Launched in 2016, Retro Computers and Sir Clive Sinclair –… Read More

March 10, 2017 @ 3:07 pm By Samantha Hurst  |  

On Thursday, Citigroup announced it appointed Yolande Piazza as the permanent head of its fintech unit, Citi Fintech. According to PYMNTS, Piazza assumed the role as interim head in August when previous chief executive of Citi Fintech, Heather Cox, left the company.  Stephen Bird, chief… Read More

March 10, 2017 @ 12:17 pm By JD Alois  |  

LendItUSA, the annual event that jumps between New York City and San Francisco everu 12 months, opened up to larger audiences and an industry sector that endured a challenging year. The online lending sector received a two-punch assault in 2016; a battle that left the… Read More

March 10, 2017 @ 10:59 am By Samantha Hurst  |  

P2P lender RateSetter announced on Friday it has updated its performance statistics. According to the lending platform, a new set of fields on the Performance by year means investors may now view the amount lent by year, which is broken down by lending type. The… Read More

March 10, 2017 @ 7:55 am By JD Alois  |  

PwC’s Accelerator has published the first edition of their SME Equity Financing Atlas.  According to their data, equity investments in SMEs have been growing steadily over the last years. The main drivers are the accumulation of capital in investor’s hand, new technologies and low-interest rates…. Read More

March 9, 2017 @ 4:23 pm By Samantha Hurst  |  

Currencycloud, an international payments engine, announced on Thursday it raised £20 million during its Series D funding round, which was led by GV (formerly known as formerly Google Ventures) with additional investors Notion Capital, Sapphire Ventures, Rakuten FinTech Fund, and Anthemis. The company’s total investment amount is… Read More

March 9, 2017 @ 2:42 pm By Samantha Hurst  |  

NextGen Crowdfunding announced on Thursday the third round winners of the Crowdfunding Video Awards (CVAs). As previously reported, the CVAs provides campaign organizers new ways to promote crowdfunding campaigns and products to backers as well as potential investors. Season one of the CVAs kicked off on January… Read More

March 9, 2017 @ 2:03 pm By Samantha Hurst  |  

Yirendai (NYSE: YRD) announced the launch of its new open technology platform, Yirendai Enabling Platform (YEP), during the 2017 LendIt USA Conference, which was held earlier this week in New York City. According to Yirendai, the new platform enables part companies to utilize its data… Read More