General News

January 17, 2017 @ 5:34 am By Erin Hobey  |  

First Investors Financial Services Group has inked a partnership with digital car financing platform AutoGravity, which will bring the financial institution’s 4,000 dealer partners into AutoGravity’s ecosystem announced the platform. “The world is changing; there is a whole population that really doesn’t do anything unless… Read More

January 17, 2017 @ 5:14 am By Erin Hobey  |  

China Rapid Finance Limited, a large Chinese consumer lending marketplace launched in 2001, added to its recent haul of awards and recognitions by being named to Hurun Report’s “2017 China New Finance Top 50.” CRF’s inclusion on the list reflects the company’s stable growth in consumer… Read More

January 17, 2017 @ 4:37 am By Erin Hobey  |  

UK-headquartered Platform Black Limited announced that it has rebranded as Sancus Finance Limited with immediate effect. The move comes as part of a strategic review of operations by Platform Black’s owners, GLI Finance Limited. The strategic review, designed to simplify GLI’s structure, included a transfer of its holdings… Read More

January 16, 2017 @ 12:30 pm By Samantha Hurst  |  

Australia’s startup accelerator H2 Ventures is set to receive a $2 million loan from Jobs for NSW. The funds will reportedly give H2 Ventures access to a $4 million loan from Investec Australia, along with helping the accelerator create 400 jobs for 40 fintech startups in… Read More

January 16, 2017 @ 9:41 am By Samantha Hurst  |  

Innovate Finance, the independent membership organization representing UK’s global fintech sector, announced on Monday it is heading to Davos, Switzerland for the 2017 World Economic Forum.  The World Economic Forum, which was established as a not-for-profit foundation in 1971 and is headquartered in Geneva, Switzerland, aims to… Read More

January 16, 2017 @ 9:18 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) is in the midst of a research push. The CCAF is in the midst of not one, but three different surveys on the alternative finance ecosystem. Late last year, the CCAF announced a unique partnership with the Financial… Read More

January 16, 2017 @ 7:50 am By JD Alois  |  

Venture Capital investment into European companies increased in Q4 in comparison to Q3 2016 and the same quarter year prior. This is according to Dow Jones European Venture Capital Report that described Q4 as a “rebound”. Dow Jones tallied 19 European venture capital funds raising €1.60… Read More

January 13, 2017 @ 1:16 pm By Samantha Hurst  |  

Following the 2017 CES, which was held in Las Vegas last week, global crowdfunding platform Indiegogo shared its very own recap of the annual technology event. The Indiegogo team shared: “Thank you to everyone who joined us at CES 2017, we hope you had as… Read More

January 13, 2017 @ 11:42 am By JD Alois  |  

In a discouraging sign, investment in venture capital backed companies tanked in Q4 of 2016. This is according to the PwC / CBInsights MoneyTree Report. Both deals and dollars sagged, 16% and 20% respectively. The report said the global market experienced a similar decline with… Read More

January 13, 2017 @ 8:30 am By Jessica Pham  |  

UK-based Crowdsurfer has secured over £1 million (over $1.2 million) in its latest funding round with angel investors.  Backers included Mustard Seed — which backed the company last July — as well as individual investors including the following: Former Global CEO of Standard Chartered Peter Sands; Former Deputy… Read More

January 12, 2017 @ 4:34 pm By Samantha Hurst  |  

AllBright announced on Thursday its online funding platform is now live. The portal revealed all funding would go towards female-led companies throughout the UK.  AllBright also debuted three campaigns for Catherine Gazzoli at Piccolo, Caroline Plumb at Fluidly, and Romanie Thomas at Juggle Jobs. Along with the… Read More

January 12, 2017 @ 2:57 pm By Samantha Hurst  |  

On Thursday, reporting and analytics platform dv01 announced it is collaborating with Experian to bring transparency to marketplace lending. The companies stated that the collaboration would provide dv01 clients with access to richer borrower credit attributes while they conduct performance analysis using dv01’s online tools. Perry Rahbar,… Read More

January 12, 2017 @ 1:11 pm By JD Alois  |  

The Marketplace Lending Association (MLA) has announced the addition of 11 new members. Joining founding members Lending Club, Prosper and Funding Circle are the following lending platforms: Affirm Upstart CommonBond Avant PeerStreet Marlette Funding Sharestates Able StreetShares New Associate Members include dv01 and LendIt The MLA… Read More

January 12, 2017 @ 12:03 pm By Samantha Hurst  |  

FundedByMe Malaysia announced on Thursday it is kicking off 2017 with the P2P forum entitled “Let’s Talk about P2P Financing” that will gather nine Malaysian registered market operators from the equity crowdfunding and P2P financing space under one roof this coming January 19th at The… Read More

January 12, 2017 @ 11:08 am By JD Alois  |  

The Economist has embarked on a series of events tackling the disruption occurring in finance today. Their forthcoming event in London on January 25th is ominously entitled Finance Disrupted: Collaborate or Die (Crowdfund Insider is a media partner for this event).  Corporate death for well… Read More

January 12, 2017 @ 10:54 am By Samantha Hurst  |  

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Thursday its CEO, Bundeep Singh Rangar, is set to join the NCFA’s Advisory Board as an advisor of global debt markets. According to Fineqia, Rangar has over 20 years’ combined experience in finance, banking, consultancy,… Read More

January 12, 2017 @ 8:04 am By Erin Hobey  |  

Japanese e-commerce conglomerate and fintech investor Rakuten has cemented its interest in growing its European commercial banking operation from its Luxembourg headquarters. Initially focusing on providing payment, deposit and loan services for merchants on the PriceMinister e-commerce platform in France, Rakuten Europe Bank plans to expand… Read More

January 12, 2017 @ 7:48 am By Erin Hobey  |  

LendingCrowd, a UK alternative finance lender to the SME market, is readying to launch an Innovative Finance ISA (IFISA) during Q1 of 2017, said to be one of the first launched in the UK alternative finance sector. The launch follows a record year for LendingCrowd during which it… Read More

January 12, 2017 @ 7:22 am By Erin Hobey  |  

Loan approval rates at big banks ($10 billion+ in assets) and institutional lenders finished the year strong, improving to post-recession highs in December 2016, according to the most recent Biz2Credit Small Business Lending Index™, the monthly analysis of more than 1,000 small business loan applications on… Read More

January 12, 2017 @ 7:00 am By Erin Hobey  |  

CSI Kick Start, Inc., a Florida-based Fintech startup incubator founded by global payments innovator CSI globalVCard, today announced that its second annual application process for FinTech startup funding is now open. Aspiring entrepreneurs seeking to radically transform key areas of B2B payments including virtual cards,… Read More