General News

March 9, 2017 @ 12:07 pm By JD Alois  |  

Money20/20, one of the world’s largest Fintech events, is gearing up for the inaugural Money20/20 Asia.  At a recent press event, Philip Thomas, CEO, Ascential Events, outlined why Singapore had been selected as a host city for the first ever Money20/20 event. Thomas said that… Read More

March 9, 2017 @ 11:52 am By Samantha Hurst  |  

Food robotics company Chowbotics (formerly known as Casabots) announced on Thursday it has secured $5 million during its Series A funding round. Participants of the funding round were Techstars Ventures, Foundry Group, Galvanize Ventures and the Geekdom Fund. Chowbotics, which was founded by Deepak Sekar, Ph.D.,… Read More

March 9, 2017 @ 10:47 am By Samantha Hurst  |  

Global fintech firm InvestCloud announced on Thursday it is expanding into Europe by launching a new division and opening its London Soho headquarters. According to InvestCloud, the forming of its icMAC (Modeling, Accounting & Custody) division follows the firm’s $20 million acquisition of London-based Babel Systems,… Read More

March 9, 2017 @ 10:37 am By Samantha Hurst  |  

On Thursday, the Crowdfunding Centre announced it has opened its all-female BizFunding Accelerator. The launch of the program comes after Facebook’s #SheMeansBusiness campaign revealed the main barriers to women starting a business are around raising money and financial security. According to program co-founder/director, Kay Klug, the key… Read More

March 9, 2017 @ 9:10 am By Samantha Hurst  |  

Marketplace lender, LendingHome, announced on Thursday it has launched its next-generation one-stop online mortgage that is designed specifically for the needs of first-time homebuyers. The online lender claims that its online mortgage is the first to prioritize the customer experience by putting control over the process… Read More

March 9, 2017 @ 8:41 am By Samantha Hurst  |  

Crowd for Angels announced on Wednesday it launched its first “crowd bonds,”  which are described as specially created secured, high-interest products that are eligible for its new Innovative Finance ISA (IFISA). Introduced by the government in April last year, the IFISA allows investors to earn… Read More

March 9, 2017 @ 8:36 am By Samantha Hurst  |  

LendIt, the global lending and fintech conference series, held its first annual awards on Tuesday in New York City. As previously reported, The organization stated out of hundreds of applicants worldwide; the selected finalists were placed in 18 categories, which notably celebrate fintech market leaders, emerging… Read More

March 9, 2017 @ 4:41 am By Erin Hobey  |  

Yesterday, on International Women’s Day, MobiKwik co-founder Upasana Taku wrote to Indian Prime Minister Narendra Modi, urging him to consider the passage of Women’s Reservation Bill, which is aimed to reserve 33% of seats in Lok Sabha and all state legislative assemblies for women. Taku indicted that Mobikwik… Read More

March 9, 2017 @ 4:19 am By Erin Hobey  |  

Sancus Finance has announced that it is strengthening its organisational structure with the appointment of Richard Whitehouse to its company Board, in hopes of “bringing sales back to the decision making table.” Whitehouse’s appointment follows a period of change for the business which saw its owner, GLI Finance,… Read More

March 9, 2017 @ 3:59 am By Erin Hobey  |  

Startupbootcamp FinTech, the global accelerator for fintech startups, has announced the 12 international startups that will join its accelerator program in Singapore. The cohort was selected after a final evaluation from a panel of industry experts and VCs, covering multiple aspects of the fintech sector including wealth… Read More

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