General News

January 12, 2017 @ 6:34 am By Erin Hobey  |  

University of Kentucky students, student organizations, faculty and staff may now raise funds for innovative UK programs and initiatives through a new, convenient, university-wide crowdfunding platform — Big Blue Crowdfunding. Planned to go live this week, the crowdfunding service was developed by UK Philanthropy, in partnership… Read More

January 11, 2017 @ 9:22 pm By JD Alois  |  

  4thWay, a P2P ranking site, has published a report on the UK peer to peer lending market.  According to their numbers, delivered another “record year”, with a total of £3.02 billion facilitated via 35 various platforms in the UK. The totals are as follows: Consumer loans… Read More

January 11, 2017 @ 10:47 am By Samantha Hurst  |  

Innovate Finance, an independent membership association that represents the UK’s global fintech community, announced on Wednesday it welcomed a delegation of leading voices from the digital finance community of Belgium led by the Minister of Finance Johan Van Overtveldt in London for the launch of… Read More

January 11, 2017 @ 8:43 am By Samantha Hurst  |  

On Tuesday, global crowdfunding platform GoFundMe announced it has officially acquired CrowdRise, an online fundraising platform for charities and non-profits. According to GoFundMe, CrowdRise will now focus on fundraising for charity and fundraising for individuals will be directed to GoFundMe. The funding portal also noted that… Read More

January 10, 2017 @ 2:55 pm By Samantha Hurst  |  

Postal Savings Bank of China (PSBC) announced on Tuesday it has teamed up with IBM to launch its blockchain-based asset custody system. As part of its work, the bank has also successfully executed more than 100 real business transactions on the blockchain since the system… Read More

January 10, 2017 @ 12:41 pm By Samantha Hurst  |  

On Tuesday, crowdfunding platform for games Fig announced it hosted four of the top ten most crowdfunded video games of 2016. The funding portal stated that the four titles accounted for nearly two-thirds of the total amount of the ten games. Sharing more details about… Read More

January 10, 2017 @ 11:10 am By Samantha Hurst  |  

Addepar announced on Tuesday it formed a partnership with Morgan Stanley to deliver its investment management platform to Morgan Stanley’s private wealth management teams.  Morgan Stanley private wealth management teams will reportedly use Addepar’s data aggregation, performance reporting and client portal to do sophisticated analysis and… Read More

January 10, 2017 @ 10:36 am By Samantha Hurst  |  

FactSet, a provider of integrated financial information and analytical applications, announced on Tuesday the launch of the FactSet Global FinTech Index, which has been licensed to Nikko Asset Management as the benchmark for the Global Fintech Equity Fund. The company stated that its Global FinTech… Read More

January 10, 2017 @ 8:06 am By Erin Hobey  |  

Mark your calendars, log on and learn! LendIt, the world’s largest lending and fintech conference, is hosting two free webinars on January 11 and 18. LendIt Forums offer a series of free, intensive (and interactive) learning events for Asset Managers, Real Estate Investors, Financial Advisors, Commercial Bankers, Lending Innovators, Venture Capitalists and the Media…. Read More

January 10, 2017 @ 7:20 am By Erin Hobey  |  

Clínica Dialibre, the first clinic in Spain to specialize in diabetes for children, opened in March 2016 with the mission of setting a milestone in the treatment of diabetes and improving the young patients’ quality of life by personalizing the treatment for each patient. The Clinica… Read More

January 10, 2017 @ 6:11 am By Erin Hobey  |  

“Together we can create it all. Crowdfunding helps to bring us together,” stated Jason Butcher. The National Crowdfunding Association of Canada (NCFA Canada) tapped Parallel Payments founder Jason Butcher to join its Association’s Crowdfunding Ambassadors Program. Crowdfunding Ambassadors, leaders, educators, supporters and advocates of an inclusive and broad-based crowdfunding industry… Read More

January 9, 2017 @ 11:09 pm By JD Alois  |  

CrowdfundBeat Media has named Jason Best and Sherwood Neiss as Crowdfunding Persons of the Year for 2017. Best and Neiss are co-founders of Crowdfund Capital Advisors a consulting group focused on the global alternative finance industry.  CrowdfundBeat Media stated; “Each year, Crowdfund Beat Media Group… Read More

January 9, 2017 @ 10:20 pm By Jessica Pham  |  

Barclays has unveiled a new mobile service for SMEs in the UK that provides almost instant loans.  Barclays Mobile Banking app touts that it will approve loans in under an hour, significantly reducing general wait times that can take weeks.  The company states that SMEs… Read More

January 9, 2017 @ 3:44 pm By Samantha Hurst  |  

MobileCause, a mobile, social and online fundraising platform, announced on Monday it raised $15 million during its Series B funding round, which was led by New York-based technology-focused growth equity firm Level Equity. According to MobileCause, the Series B funding round’s funds will be used… Read More

January 9, 2017 @ 3:21 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform, Money360, announced on Monday it closed a record $35.6 million in commercial real estate loans in December 2016. The marketplace lender revealed that December’s transactions reflect short-term bridge loans for a mix of property types, including retail, office and… Read More

January 9, 2017 @ 12:13 pm By Jessica Pham  |  

Peer to peer lending platform Wellesley has been crowdfunding on Seedrs for almost a month to raise £1.5M (approximately $1.82M). The campaign is currently restricted to Wellesley customers so it is hard to track. Investors have the chance to buy shares in the P2P platform… Read More

January 9, 2017 @ 11:36 am By Samantha Hurst  |  

AlliedCrowds announced on Monday its 2016 recap and its priorities for the 2017 fiscal year. This information comes less than a month after the company unveiled plans to launch its very own peer-to-peer lending platform, AlliedExchange. The company shared: “With 2016 behind us, we wanted… Read More

January 9, 2017 @ 9:21 am By Samantha Hurst  |  

On Monday, Verint Systems, Inc. (Nasdaq: VRNT) announced that Chinese fintech firm CreditEase, is set to use is Verint’s Speech Analytics, along with Call Recording, and Quality Management, as a way to support the transformation of its customer engagement platform. CreditEase reportedly stated that since it implemented Verint’s… Read More

January 7, 2017 @ 5:24 pm By JD Alois  |  

VidAngel Asks Investors / Supporters to Call Members of Congress to Aid in their Legal Battle VidAngel has been slapped down once again in its ongoing legal battle with the big movie studios. VidAngel, a video on demand service that uses an interesting workaround to… Read More

January 6, 2017 @ 4:48 pm By Samantha Hurst  |  

Earlier this week, Indiegogo success TrackR announced it formed a partnership with family safety assistant app, GeoZilla for a family radar feature. The companies revealed consumers simply connect its products to GeoZilla and add family items such as car keys, pets, remotes, and backpacks on its family… Read More