General News

February 5, 2017 @ 5:04 pm By JD Alois  |  

  Orchard Platform has once again leveraged their deep data on online lending to predict the outcome of the SuperBowl. This will be the third year Orchard shifts gears and enters the odds-making space by using their data magic to divine a sporting event outcome… Read More

February 5, 2017 @ 3:04 pm By JD Alois  |  

NextGen Crowdfunding is in the midst of their first Crowdfunding Video Award’s (CVA) to determine the most powerful pitch videos created for crowdfunding campaigns. Participants may come from either rewards or investment crowdfunding. Launched in January, the CVAs are now down to three finalists which… Read More

February 4, 2017 @ 9:22 am By Samantha Hurst  |  

RateSetter, a leading UK peer-to-peer lending platform, announced this week it is updating its lender terms. This news comes just a few months after the company announced it was adding more flexibility into the Provision Fund. The RateSetter team announced: “We believe that a more flexible… Read More

February 3, 2017 @ 4:32 pm By Samantha Hurst  |  

New Zealand Tech Industry Association, along with Ministry of Business, Innovation, and Employment, has teamed up with several New Zealand financial businesses to launch a new fintech organization called FinTechNZ. According to the New Zealand Tech Industry Association, FinTechNZ will bring together innovative companies in the financial services… Read More

February 3, 2017 @ 12:47 pm By Samantha Hurst  |  

Last week, UK Prime Minister Theresa May unveiled a modern Industrial Strategy proposal to help build on the country’s strengths and take on its weaknesses. Prime Minister May explained: “The modern Industrial Strategy will back Britain for the long-term: creating the conditions where successful businesses… Read More

February 3, 2017 @ 11:39 am By JD Alois  |  

The Division of Economic and Risk Analysis (DERA), the research arm of the Securities and Exchange Commission (SEC), has partnered with New York University’s Salomon Center on a half-day conference reviewing investment crowdfunding. The event, which is open to the public, will be held at… Read More

February 3, 2017 @ 11:10 am By JD Alois  |  

In a publication created by Crowdfunding.de, the report, entitled “Marktreport 2016: Crowdinvesting in Deutschland,” states that investment crowdfunding grew by 39% during 2016 reaching €63.8 million. Still quite small in comparison to some other countries but solid growth none-the-less. The sector was largely powered by a… Read More

February 3, 2017 @ 10:52 am By Samantha Hurst  |  

Crowdfunding giant Kickstarter announced earlier this week its latest creative initiative, Make 100, attracted more than 460 creators. As previously reported, the funding portal stated as 2017 kicks off, it is challenging campaign organizers to bring their brightest idea to life, times 100. It explained: “Being… Read More

February 3, 2017 @ 10:32 am By Samantha Hurst  |  

Fintech consultant firm, Synechron, announced on Thursday it is now collaborating with The South Florida Accelerator. Synechron is now an investor and strategic partner of accelerator’s business platform. The South Florida Accelerator is described as an innovation accelerator and aggregator with global connectivity. Its mission is… Read More

February 2, 2017 @ 3:35 pm By Samantha Hurst  |  

Contis Group, an alternative payments and banking brand based in North Yorkshire, announced on Wednesday it has opened a new office in London’s Mayfair neighborhood. The fintech company declared that the opening of the new office will help facilitate client meetings in London easier and… Read More

February 2, 2017 @ 3:04 pm By Samantha Hurst  |  

Finovate announced that the FinovateSpring’s presenter deadline is quickly approaching. The organization revealed fintech companies wanting to demo at the conference have until tomorrow, February 3rd to complete the application process. Finovate is commemorating its 10th-anniversary show with this year’s FinovateSpring event, which will take place on… Read More

February 2, 2017 @ 5:30 am By Erin Hobey  |  

CEO and founders from India-based fintech platforms Walnut, Artoo and CreditVidya weighed in to comment on yesterday’s Founders of the Union Budget 2017 given by Finance Minister Arun Jaitley, noting its potential impact in increasing access of digital services and  building a more inclusive economy: “The Budget announcements are… Read More

February 2, 2017 @ 5:03 am By Erin Hobey  |  

The Belgian Law of 18 December 2016 on crowdfunding entered into full force yesterday.   The crowdfunding law creates a specific status for equity and debt crowdfunding platforms (referred to as “alternative financing platforms”) and prescribes operating requirements for both alternative financing platforms and regulated entities… Read More

February 2, 2017 @ 4:35 am By Erin Hobey  |  

LOVE Turntable Inc. has easily raised over $121K from over 375 backers during the first day of it Kickstarter campaign to bring its smartphone-controlled turntable to market. The LA-based company initially hoped to raise just $50,000 over the course of its 35-day campaign to aid in the manufacturing… Read More

February 2, 2017 @ 4:01 am By Erin Hobey  |  

In a recent post, FoundersClub Christopher Steiner reflected on current concerns with the US’ newest president and hostile immigration policy, “The last five days have led to a great deal of introspection across industries regarding relationships with, and even dependencies on, the greatest American ally of… Read More

February 2, 2017 @ 3:39 am By Erin Hobey  |  

Attorney General Mark R. Herring announced that Virginia consumers will be receiving $15.335 million in restitution and debt relief as part of a settlement to resolve claims that CashCall, Inc. and its president and CEO J. Paul Reddam illegally deceived borrowers and collected illegal interest of up… Read More

February 1, 2017 @ 3:15 pm By Samantha Hurst  |  

Zoopla Property Group (LSE:ZPLA) announced on Tuesday it has agreed to acquire Hometrack, a provider of residential property market insights and analytics. Hometrack, which was established in 1999, notably provide residential property market insights, analytics, valuations and data services to over 400 partners including mortgage lenders, new… Read More

February 1, 2017 @ 11:57 am By JD Alois  |  

OurCrowd, a leading global equity crowdfunding platform, is ready to host their Global Investor Summit this coming February. A quick review of the year prior OurCrowd event indicates very strong growth for this coming year. OurCrowd estimated participation at over 3,000 attendees in 2016.  For… Read More

February 1, 2017 @ 11:48 am By Samantha Hurst  |  

Following the closing of its Seedrs equity crowdfunding campaign, peer-to-peer lender Flender has selected Equifax Limited to support the underwriting for UK small and medium enterprises (SME) loans. Flender, which secured £501,700 from more than 230 investors through its equity crowdfunding round, is authorized and regulated… Read More

February 1, 2017 @ 10:55 am By JD Alois  |  

Spanish Off-grid Eco-Complex Mar de Fulles Voted Best Contributor to Sustainable Energy Future Community energy portal Citizenergy announced its 2016 Project of the Year Award to Spanish crowdfunding platform ECrowd! and the Mar de Fulles eco-complex during an event in Brussels. Citizenergy lauded the two company’s outstanding… Read More