General News

November 23, 2016 @ 10:30 am By Samantha Hurst  |  

Ldny, a social enterprise that aims to use the power of fashion to address social issues, announced on Wednesday it was launching a “Dress to Invest” work wear collection that is dedicated to supporting female entrepreneurs on equity crowdfunding platform, Seedrs. The new collection made its… Read More

November 23, 2016 @ 10:10 am By Samantha Hurst  |  

Earlier this week, Kickstarter announced London’s Design Museum’s inaugural exhibition is set to show how designs are using its rewards-based crowdfunding platform. The funding portal revealed: “We’re proud that the museum’s inaugural exhibitions include a look at how designers are using Kickstarter to explore bold… Read More

November 23, 2016 @ 9:54 am By Samantha Hurst  |  

On Tuesday, Indiegogo announced it was rolling out a new pilot program that allows entrepreneurs to sell products directly on its global crowdfunding platform. The funding portal revealed that entrepreneurs with products that are currently shipping might tap into its community of “innovation seeks” without… Read More

November 23, 2016 @ 9:06 am By Samantha Hurst  |  

On Wednesday, UK-based peer-to-peer lender Landbay announced it integrated AU10TIX ID authentication and customer onboarding gateway service, which enables customers to notably benefit from seconds-fast Click & Go ID authentication that helps detect and deter fraud. Julian Cork, Chief Operational Officer at Landbay, stated: “We… Read More

November 22, 2016 @ 10:28 pm By Jessica Pham  |  

PwC launched earlier this month a new Fintech tool called the Vulcan Digital Asset Services, which digitizes everyday banking, commerce, and personal currency and asset related services.  Currently, specific services available include digital asset wallets, international payment processing, and investment and trading services.  In the near… Read More

November 22, 2016 @ 2:13 pm By Samantha Hurst  |  

The Securities and Exchange Commission (SEC) announced on Monday Stephen Luparello, Director of the Division of Trading and Markets, will leave the agency by the first of the year.  Luparello was named director of the office in February 2014, and the organization stated he played a… Read More

November 22, 2016 @ 12:06 pm By Samantha Hurst  |  

Datasigns Technologies Pvt. Ltd, an India-based fintech company behind ShubhLoans, has secured an undisclosed amount during an angel funding round, which was led by former MD of JP Morgan Sanjai Vohra and managing director and India CEO of Goldman Sachs, V. Bunty Bohra. Founded earlier this year by Anand… Read More

November 22, 2016 @ 11:12 am By Samantha Hurst  |  

BrewDog recently announced it is officially preparing the hiring process for its new Columbus, Ohio brewery. The brewing company revealed it would be hosting a two-day Open House at the facility on December 5th and 6th. The BrewDog team revealed: “Since we first set foot… Read More

November 22, 2016 @ 10:05 am By Samantha Hurst  |  

On Tuesday, Southern Cross Financial Group announced it has received its peer-to-peer license from the New Zealand Financial Markets Authority (FMA). The company, which was established in 1997, provides funding for property secured loans in locations through New Zealand. Sharing details about the lender, CEO of Southern… Read More

November 22, 2016 @ 9:04 am By Erin Hobey  |  

Goldman Sachs is no longer part of the R3 CEV blockchain group, according to the WSJ. Founded in 2014 by CEO David Rutter to explore the use of the distributed database technology, especially for tech utilizing bitcoin, R3 CEV explores way banks can save billions of dollars through streamlining outdated… Read More

November 22, 2016 @ 9:01 am By JD Alois  |  

The German Federal Ministry of Finance or Bundesministerium der Finanzen, has published a report on the emerging Fintech sector. The document, authored by Prof. Dr. Gregor Dorfleitner and Jun.-Prof. Dr. Lars Hornuf (with the assistance of Matthias Schmitt & Martina Weber), quantifies the emergence of disruptive… Read More

November 22, 2016 @ 8:34 am By Erin Hobey  |  

Yesterday afternoon six children were killed when their school bus crashed into a tree in Chattanooga, Tennessee; in addition, nearly two dozen Woodmore Elementary School students were taken to the hospital after the accident.  The driver of the bus, Johnthony Walker, has been charged with vehicular homicide, reckless endangerment… Read More

November 22, 2016 @ 8:20 am By Jessica Pham  |  

eOriginal, Inc., a service for businesses that need to verify “secure, legally compliant and enforceable electronic asset documentation”, announced earlier this month that private equity firm LLR Partners has led investments in the company totaling $26.5 million.  The 20-year-old company will use the capital to expand its… Read More

November 22, 2016 @ 8:13 am By Erin Hobey  |  

It’s hard to believed that 500 Startups launched just six years ago given its influence.  1600+ companies, 60+ countries and 3,000 founders later, Co-Founder Dave McClure utilized the platform’s blog to reflect on the last years progress and to look forward to the company’s next… Read More

November 21, 2016 @ 2:09 pm By Samantha Hurst  |  

AU10TIX, a fully owned subsidiary of ICTS International N.V, announced on Monday it has formed a new partnership with the Startupbootcamp Fintech Accelerator Program as a way to help support fintech startups. The company reported it will put its BOS cloud service at the disposal… Read More

November 21, 2016 @ 1:47 pm By JD Alois  |  

Last time we provided an update on the Reg CF crowdfunding sector and approved funding portals there were 17 in operation. Today that number has increased to 21 FINRA approved platforms with several notable updates. Reg CF was created under Title III of the JOBS… Read More

November 21, 2016 @ 10:47 am By Samantha Hurst  |  

Last week, crowdfunding platform for games, Fig, announced it was increasing the minimum dividend rate of Psychonauts 2 Fig Game Shares from 30% to 70%. CEO of Fig, Justin Bailey also revealed that the details of the dividend rate increase are laid out in a supplement to its offering… Read More

November 21, 2016 @ 10:03 am By Samantha Hurst  |  

On Monday, Metro Bank announced it has teamed up with fintech company Backbase to launch a new commercial banking platform. This collaboration was reportedly established to further Metro Bank’s customer base expansion. According to Metro Bank, the new banking platform will allow customers to have… Read More

November 21, 2016 @ 8:00 am By JD Alois  |  

PwC and the Crowdfunding Centre are prepping to jointly publish a report in early 2017 entitled “Women Unbound”.  Their initial feedback indicates that women led crowdfunding campaigns are significantly more successful than those led by men across most industries – and across the world. The… Read More

November 19, 2016 @ 7:07 am By Samantha Hurst  |  

Earlier this month, Crowdfunder UK’s Jess Ratty sat down with What A Melon’s Olly Bolton to discuss the company’s success at Virgin Media Business’ VOOM 2016. The Crowdfunder UK alum and beverage brand won £112,000 during the big event. As previously reported, What a Melon was… Read More