General News

March 9, 2017 @ 3:36 am By Erin Hobey  |  

PayPal Europe, the Luxembourg National Research Fund (FNR) and the University of Luxembourg signed a Memorandum of Understanding (MoU) this week on the creation of a FNR PEARL chair in the field of FinTech. The Chair has an initial duration of 5 years and will be jointly… Read More

March 8, 2017 @ 4:33 pm By Samantha Hurst  |  

On Wednesday, SyndicateRoom announced a recent investor study revealed 2017 diversity trends for platforms, products, and people. The research surveyed over 1,000 retail investors and revealed 45% of UK investors use an online platform, which is a clear and strong nod towards technology. The funding portal… Read More

March 8, 2017 @ 3:32 pm By Samantha Hurst  |  

On Tuesday, crowdfunding giant Kickstarter announced the games that are participating in its Game Castle at this year’s PAX East, which will take place on March 10th-12th in Boston. The funding portal revealed: “Featured tabletop games include Elan Lee’s Kickstarter record-smashing Exploding Kittens — which raised… Read More

March 8, 2017 @ 2:16 pm By Samantha Hurst  |  

On Wednesday, Indiegogo and Arrow announced it has awarded Chris Richter of WaterBot $75,000 to help improve water quality nationwide. While sharing details about Richter’s progress, the duo revealed: “Since his father started the water treatment business in 1982, Chris has worked alongside of him for the… Read More

March 8, 2017 @ 11:02 am By Samantha Hurst  |  

Jumpstartfund’s Hyperloop Transportation Technologies, Inc. (HTT) announced on Wednesday it has signed an agreement for a feasibility study with a contract value of $2.5 Million with private investors and the Ministry of Transportation in Indonesia. The company claimed that the agreement marks the immediate exploration of the… Read More

March 8, 2017 @ 9:15 am By Samantha Hurst  |  

In celebration of International Women’s Day, UK global fintech membership association Innovate Finance has released survey results that highlights the experiences of women working in financial technology. Innovate Finance revealed according to the results, which were reportedly compiled with anonymous feedback given by female members of… Read More

March 8, 2017 @ 8:09 am By Samantha Hurst  |  

Property crowdfunding platform, The House Crowd, announced on Wednesday it has appointed Manoj Varsani as its first CTO to spearhead digital innovation and product development. The funding portal revealed Varsani spent more than ten years transforming the digital practices of businesses that range from high growth start-ups… Read More

March 7, 2017 @ 4:30 pm By Samantha Hurst  |  

Motif, a digital wealth and trading company, announced on Tuesday the launch of its Motif Impact Portfolios, which is described as a fully-automated investing service that aligns investors’ pers­onal values with their financial goals. Now, investors may go to the company’s website to create their… Read More

March 7, 2017 @ 4:11 pm By Samantha Hurst  |  

Lantern Credit, a fintech company that works to solve systematic inefficiencies in the consumer credit industry, announced on Tuesday it is enhancing its proprietary machine learning engine, Beam AI, by acquiring the Abstract Regression-Classification (ARC) Machine Learning Library. The company noted that this machine learning… Read More

March 7, 2017 @ 3:13 pm By Samantha Hurst  |  

Global financial service research firm, Autonomous Research, announced on Tuesday the launch of its new fintech initiative, Autonomous NEXT, which is dedicated to innovation and technology for financial services companies. While sharing details about the new initiative, Lex Sokolin, Global Director of Fintech Strategy, stated: “We are… Read More

March 7, 2017 @ 1:35 pm By Samantha Hurst  |  

TransUnion (NYSE: TRU) announced on Tuesday its latest data found that as personal loan delinquency rates rise, online fraud, which includes loan stacking, continues to make significant contributions to these increases. The credit information and information management service company noted that serious delinquency rates (90+… Read More

March 7, 2017 @ 11:56 am By Samantha Hurst  |  

Biz2Credit announced on Tuesday that its latest study revealed that the average annual revenues of women-owned businesses increased 47 percent and average annual earnings jumped 61 percent last year among companies that applied for funding through its online credit marketplace. The company reported the average… Read More

March 7, 2017 @ 10:20 am By Samantha Hurst  |  

Atlanta-based fintech direct loan provider, LendingPoint, announced on Tuesday it has formed a new partnership with FinWise Bank, which will allow the company to offer its full suite of loan products to customers nationwide. LendingPoint stated through the partnership with FinWise Bank, it will be… Read More

March 7, 2017 @ 8:35 am By Erin Hobey  |  

“The ONESIXONE brand was created with the aim of being a global niche brand of handbags, internationally positioned in the luxury sector through a single, exclusive, personalized and limited collection. We created only 161 units numbered and customized with just two collections a year, which… Read More

March 7, 2017 @ 8:18 am By Samantha Hurst  |  

Invesdor announced on Tuesday it is teaming up with Mesenaatti and the Nordic Crowdfunding Alliance to bring the biggest crowdfunding event of the year to Finland. According to the crowdfunding platform, the event’s speeches will focus on such topics as the different forms of crowdfunding, its rapid… Read More

March 7, 2017 @ 7:04 am By Erin Hobey  |  

Global Alternatives, an owner-operator of marketplaces for alternative investments,  announced the appointment of Brendan Bradley as Non-Executive Chairman as it prepares to launch Prop-X, a cross-border property trading exchange. All securities originated by Global Alternatives’ Property Crowd platform will be listed on the exchange, along with private equity… Read More

March 7, 2017 @ 6:46 am By Erin Hobey  |  

P2P lender RateSetter announced a partnership with national mortgage aggregator Connective which aims to give accredited brokers access to their personal loan products. “We believe natural synergies exist between Connective and RateSetter given both companies were founded as industry disruptors which challenge the status quo… Read More

March 6, 2017 @ 5:11 pm By Samantha Hurst  |  

On Monday, XTI Aircraft Company and Bye Aerospace, Inc. announced they have entered into an agreement to develop a hybrid/electric prototype of XTI’s revolutionary TriFan vertical takeoff airplane. While sharing details about the partnership, Robert J. LaBelle, XTI’s CEO, stated: “We’re continuing with our plan, but we’ve… Read More

March 6, 2017 @ 3:34 pm By Samantha Hurst  |  

Envestnet | Yodlee (NYSE: ENV), a data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services,  released its risk insight suite at the 2017 LendIt USA Conference, which is currently being held in New York City.  According to the company, the next… Read More

March 6, 2017 @ 2:23 pm By Samantha Hurst  |  

Accion and Quona Capital announced on Monday the closing of the Accion Frontier Inclusion Fund, which both companies claim to be the world’s first global fintech fund for the underserved. The fund is managed by Quona Capital. According to the companies, the oversubscribed Fund represents $141… Read More