General News

January 19, 2017 @ 4:13 pm By JD Alois  |  

Yesterday we reported the UK P2PFA Q4 2016 peer to peer lending numbers showed solid growth for online lending. Today we have numbers from OFF3R that captures the activity of 9 UK peer to peer lending platforms. According to the OFF3R Index, p2p lending grew by… Read More

January 19, 2017 @ 10:59 am By Samantha Hurst  |  

Fig Publishing announced on Thursday it secured $7.84 million during a Series A Funding Round, which was led by Spark Capital and Greycroft with participation from Resolute Ventures, NextView Ventures, and Draft Ventures. Fig, which was founded in 2015, allows accredited and non-accredited investors to… Read More

January 19, 2017 @ 10:04 am By Samantha Hurst  |  

On Thursday, NextGen Crowdfunding announced the season one premiere of the Crowdfunding Video Awards (CVAs). The season kickoff comes a couple of months after the company unveiled details about the CVAs, which will notably recognize the best pitch videos from both reward and equity crowdfunding campaigns. As… Read More

January 19, 2017 @ 9:18 am By Samantha Hurst  |  

LendIt, the global lending and fintech conference series, announced on Thursday the finalists for its first annual LendIt Industry Awards. The organization revealed that out of hundreds of applicants worldwide, the selected finalists were placed in  18 categories, which notably celebrate fintech market leaders, emerging… Read More

January 19, 2017 @ 6:13 am By Erin Hobey  |  

Yes Fintech, a business accelerator program in collaboration with Yes Bank, T-Hub, Anthill and LetsTalkPayments, announced that it is accepting global applications until 3 February.  The top 12 selected startups will enroll in a 15 week dual destination program, split between Mumbai and Hyderabad. Yes Bank is… Read More

January 19, 2017 @ 5:47 am By Erin Hobey  |  

WISeKey International Holding Ltd (WIHN.SW), a provider in Root of Trust and certificate authority, and Stratumn SAS, inventor of Proof of Process Technology, partner to provide enterprise grade process security software based on blockchain technologies. A software security company that enables a shift in how organizations secure… Read More

January 19, 2017 @ 5:24 am By Erin Hobey  |  

2016 marked a strong year for Berlin-based crowdfunding platform Companisto.  Founded in 2012 by Tamo Zwinge and David Rhotert. In an earlier interview, Zwinge envisioned Companisto as a crowdinvesting platform that enabled ideas to be implemented to benefit many people, a hope that continues to be realized. “According… Read More

January 19, 2017 @ 1:13 am By Jessica Pham  |  

Reports came out during the holiday season last year of banks quietly stocking up on blockchain patents.  Banks will compete with startups making the same moves.  They will also compete for patents with trolls who suppress innovation. The future of blockchain innovation depends on who… Read More

January 18, 2017 @ 3:24 pm By Samantha Hurst  |  

Online consumer lending platform, BorrowersFirst, announced on Wednesday it secured an additional $100 million in debt financing to accelerate loan originations, and fund the continuous growth of its balance sheet.  With this new facility, the lender has secured $400 million to support its profitable growth. … Read More

January 18, 2017 @ 3:00 pm By Samantha Hurst  |  

Credit China FinTech Holdings Limited, an integrated fintech service provider in China, was announced as a founding member of the newly developed organization, Global Blockchain Business Council (GBBC). Credit China FinTech is reportedly one of the 25 founding members of the GBBC and is considered the only… Read More

January 18, 2017 @ 2:12 pm By Samantha Hurst  |  

Onfido, a global identity verification company, announced this week it is helping to bring financial services to the 2 billion unbanked individuals worldwide with its Machine Learning-based solution. The company stated it plans to use its proprietary technology to verify people’s identification by comparing an identity document… Read More

January 18, 2017 @ 10:51 am By Samantha Hurst  |  

Seed&Spark, the independent film crowdfunding platform, announced on Wednesday the launch of its latest entertainment initiative, #100DaysofDiversity, which is described as a movement that’s joining creators, audiences, brands, festivals, and organizations to actively increase representation in entertainment in 100 days starting January 20th. The crowdfunding platform… Read More

January 18, 2017 @ 9:06 am By JD Alois  |  

The Crowd Data Center is out with a report stating that seed crowdfunding is more effective in delivering more money to businesses than the UK government’s program: 40% more funding in 2016 than the government funded Startup Loans scheme. The Crowd Data Center has collected… Read More

January 18, 2017 @ 8:03 am By JD Alois  |  

Fourth Quarter UK Peer to Peer Lending Hits £844 Million The UK Peer to Peer Finance Association (P2PFA) has published Q4 data for both SME and consumer lending. The P2PFA said “fourth quarter of 2016 has demonstrated continued growth, with the expansion in lending volumes… Read More

January 17, 2017 @ 4:48 pm By Samantha Hurst  |  

BeatStars and Play Impossible are set to close their crowdfunding campaigns through Indiegogo and MicroVentures’ equity crowdfunding platform. The two initiatives were among the first to use the new funding portal, which went live on November 15th. Play Impossible is a new gaming company using powerful,… Read More

January 17, 2017 @ 4:10 pm By JD Alois  |  

Here is a list that Cleveland can be proud to be a part of, and not only that, it is at the top! HomeUnion, a new online real estate management platform that helps landlords invest in property and then rent it out, has published their… Read More

January 17, 2017 @ 3:46 pm By Samantha Hurst  |  

Small business lender OnDeck announced on Tuesday it formed a strategic partnership with corporate and small business payment solutions, WEX. OnDeck reports that under the new partnership agreement, WEX customers will gain access to the OnDeck product suite of loans up to $500,000 and lines of… Read More

January 17, 2017 @ 2:11 pm By Samantha Hurst  |  

Business commerce platform Tradeshift announced on Monday it is partnering with CNBC to host the second annual leadership event, Sanctuary, during the World Economic Forum Annual Meeting in Davos. Those reportedly attending the event include leaders of Water.org, Planet, NASA, Ogin, Blockchain, General Motors, and… Read More

January 17, 2017 @ 12:00 pm By Samantha Hurst  |  

South by Southwest (SXSW) Conference and Festivals announced on Tuesday the 39 judges for the ninth annual SXSW Accelerator Pitch Event, which will be taking place March 11-12 during the SXSW Startup Village Track at the Hilton Downtown Austin. The 2017 judges include Phil Libin of… Read More

January 17, 2017 @ 6:15 am By Erin Hobey  |  

Aromics, a privately-owned development stage pharmaceutical company founded in 2005, is based in Barcelona, Spain and focused on developing novel first-in-class therapies for the treatment of human diseases. The company has received the seal of Innovative SME from MINECO and achieved different R&D awards from international,… Read More