General News

March 6, 2017 @ 1:48 pm By Samantha Hurst  |  

Real estate crowdfunding platform, PeerStreet, announced on Monday it has integrated with Betterment, an independent online investment advisor through Quovo. The portal stated that customers of both it and Betterment may now view their PeerStreet positions within the context of their investment portfolio on the… Read More

March 6, 2017 @ 12:04 pm By Samantha Hurst  |  

On Monday, AlphaFlow announced the launch of its new investment platform, AlphaFlow Managed Portfolios. While sharing details about the platform, CEO of AlphaFlow and fintech entrepreneur, Ray Sturm, stated: “Today AlphaFlow is excited to launch a revolutionary investment platform unlike anything on the market. For the… Read More

March 6, 2017 @ 11:19 am By Samantha Hurst  |  

On Monday, the Innovative Lending Platform Association (ILPA) and the Coalition for Responsible Business Finance (CRBF) they are joining forces and will now operate as one new trade organization that represents a diverse group of online lending and service companies serving small businesses. It was… Read More

March 6, 2017 @ 10:23 am By Samantha Hurst  |  

Canadian marketplace lending platform LendingArch announced on Monday launch of its new, real-time point of sale loan service for Canadian medical clinics and their patients. According to LendArch, patients may now apply for LendingArch’s point of sale financing either from their home or directly at a clinic location… Read More

March 6, 2017 @ 9:59 am By Samantha Hurst  |  

Lendit announced on Monday that it is launching its new media brand, Lendit News, that is being described as a financial technology ‘fintech’ resource dedicated to providing curated content and analysis of the most up-to-date industry news from around the globe. This announcement comes on the… Read More

March 6, 2017 @ 8:13 am By Samantha Hurst  |  

loanDepot announced on Monday the launch of its proprietary digital lending platform, mello, which is part of an $80 million investment in technology over the last 18 months. According to the online lender, the new platform is an end-to-end technology solution designed to scale with the… Read More

March 5, 2017 @ 11:33 am By JD Alois  |  

LendIt, kicks off tomorrow in New York City. The annual event started as a small gathering of emerging online lending platforms and has since morphed into a huge gathering of not just online lending but global Fintech platforms. This year’s event is predicted to be… Read More

March 3, 2017 @ 3:29 pm By Samantha Hurst  |  

Mogo Finance Technology Inc. (TSX:MOGO), a Canadian fintech company, announced on Friday it has been approved to trade on the OTCQX under MOGOF. Speaking about the financial milestone, Greg Feller, President and CFO of Mogo, stated: “The U.S. is the world’s largest capital market and has a… Read More

March 3, 2017 @ 1:59 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), under the auspices of the Division of Economic and Risk Analysis (DERA), published a white paper on Regulation Crowdfunding (Reg CF) earlier this week. The report, written by Vladimir Ivanov and Anzhela Knyazeva, is basically a point in time… Read More

March 3, 2017 @ 12:52 pm By Samantha Hurst  |  

Crowdfunding platform Crowdfunder announced on Thursday it has formed a partnership with virtual startup Pinkubator to provide support for women-led/focused entrepreneur businesses. The duo revealed that the partnership aims to streamline start-to-finish business processes for entrepreneurs. From accessing Pinkubator’s membership services, which includes national mentorship… Read More

March 3, 2017 @ 12:01 pm By Samantha Hurst  |  

Digital transaction company eOriginal announced on Thursday it has joined the Marketplace Lending Association (MLA), which promotes a transparent, efficient, and customer-friendly financial system by supporting growth of the marketplace lending industry. Speaking about the company joining the association, eOriginal’s President and CEO, Stephen Bisbee, stated:… Read More

March 3, 2017 @ 10:37 am By Samantha Hurst  |  

Crowdfunding giant Kickstarter announced on Thursday it is teaming up with True/False Film Festival to bring childcare to the 2017 event. The True/False Film Festival described as an event that offers a four-day weekend of creative placemaking in which filmmakers, artists, musicians and others in… Read More

March 3, 2017 @ 9:50 am By Samantha Hurst  |  

On Thursday, Indiegogo announced new campaign categories. The global crowdfunding platform revealed that this update helps backers to discover projects easier. “Today we are thrilled to announce that we are updating project categories on Indiegogo. In the past 9+ years, we’ve grown from helping independent filmmakers bring… Read More

March 3, 2017 @ 8:31 am By JD Alois  |  

Nucleus Commercial Finance has provided a specialist construction firm with £3.8 million alternative finance funding line to complete its work at Hinkley Point C nuclear power station (HPC) over the course of the next ten years. The multi-million-pound deal is comprised of £1.8 million in property… Read More

March 2, 2017 @ 1:53 pm By Samantha Hurst  |  

Just a little over 48 hours after opening pre-registration for its upcoming equity crowdfunding campaign on Crowdcube, app-only bank  Monzo (formally know as Mondo) has attracted more than £8.8 million in interest. The company’s original target for the funding round was £2.5 million, and the funds from the… Read More

March 2, 2017 @ 1:01 pm By Samantha Hurst  |  

Propel(x) announced on Thursday the formation of its Propel(x) Industry Council. According to the online angel investment platform, the new council consists of a group of industry thought leaders and influencers who will provide support and guidance for early and growth-stage science and technology startups. Members… Read More

March 2, 2017 @ 11:36 am By Samantha Hurst  |  

Marketplace lending platform, China Rapid Finance, announced on Wednesday its CEO, Dr. Zhengyu (Zane) Wang will deliver a keynote speech at LendIt USA 2017. The event will take place on March 6th and 7th at the Jacob Javits Center in New York City. China Rapid Finance noted that… Read More

March 2, 2017 @ 10:29 am By Samantha Hurst  |  

Mambu, a Berlin-based SaaS banking platform provider, announced on Thursday it’s kicking off 2017 by opening new Miami office and appointing a new regional managing director to meet the growing demand for its platform in North America, Canada, Latin America, and the Caribbean. The platform… Read More

March 2, 2017 @ 9:47 am By Samantha Hurst  |  

On Wednesday, Kickstarter announced the launch of its latest initiative, All in 1. According to the crowdfunding platform, this new project aims to help campaign organizers get their ideas out there, simply and swiftly, so they may get right to the fun part, creating, all in… Read More

March 2, 2017 @ 9:35 am By Samantha Hurst  |  

Crowdfunding platform PledgeMe announced on Wednesday it is making a few changes to its credit card fees. The portal revealed the fee charged to campaign creators is going from up to 7.5% to a flat fee of 6.5%. It will also provide tiered CrowdfundingU programs for… Read More