General News

November 8, 2016 @ 3:05 pm By Samantha Hurst  |  

Soldo, a London-based fintech startup, has announced plans to launch a multi-user spending account that’ll be directed towards families and businesses. The multi-user spending account was created as a way to control of where funds are going. Such examples include giving children money and paying… Read More

November 8, 2016 @ 1:58 pm By Erin Hobey  |  

Founded in 2000 and helmed by CEO and Executive Director Mark Evans, Dreamscape Networks has grown organically and without external funding to be the leading .au domain brand in Australia, and as of this past June, holds a 30% market share for .au domains with 34% market… Read More

November 8, 2016 @ 1:20 pm By Erin Hobey  |  

The British Business Bank launched a new report “Spotlight: The Northern Powerhouse Investment Fund” at the MADE Festival in Sheffield. The report, published to mark the British Business Bank’s two-year anniversary, draws on the Bank’s own research together with other publicly-available data, highlighting the significant opportunities… Read More

November 8, 2016 @ 12:10 pm By Samantha Hurst  |  

FastPay, a fintech company that provides lending and financial workflow solutions to digital businesses, announced on Monday it has teamed up with Hitachi Capital America Corp. to launch a new partner-finance program, which was designed to enable newly created product, FastPay for Enterprise. FastPay For… Read More

November 8, 2016 @ 11:27 am By Samantha Hurst  |  

Flexiti Financial, a Canada-based provider of point-of-sale (POS) financing and payment technology for retailers announced last week it raised $5 million during a Series A funding round, which reportedly included follow-on funding by Globalive Capital. Peter Kalen, founder and CEO of Flexiti Financial, stated: “Flexiti Financial’s mission is… Read More

November 8, 2016 @ 10:19 am By Erin Hobey  |  

 PROSPI, a new shared property investment platform launched by Manchester-based property expert McCafferty Asset Management, seeks  to enable investors with as little as £500 to take a proportionate holding alongside other stakeholders in specific, fully-tenanted residential properties managed by McCafferty’s team of experts. Investors will benefit from predictable… Read More

November 8, 2016 @ 9:57 am By Erin Hobey  |  

i2B Capital, a direct financing provider to niche-market financial entrepreneurs, is pleased to announce the closing of a $4 million asset-based revolving line of credit with an accordion to $6 million with CFG Merchant Solutions, a privately owned and operated specialty finance company focused on… Read More

November 8, 2016 @ 9:42 am By Erin Hobey  |  

Credit marketplaces such as auxmoney ensure that up to 4.3 million more people get access to credit, as would be the case via conventional lenders like banks, according to a recent PricewaterhouseCoopers study. PwC investigated the effects of new forms of risk assessment with its complementary, digital… Read More

November 8, 2016 @ 9:16 am By Erin Hobey  |  

Equifax Canada (NYSE: EFX) has partnered with MaRS Discovery District, a Toronto-based innovation hub.  MaRS supports promising young ventures tackling key challenges in the health, cleantech, finance & commerce, and work & learning sectors. As a new corporate partner for MaRS’ FinTech Cluster, Equinox hopes to increase its participation… Read More

November 8, 2016 @ 8:58 am By Erin Hobey  |  

The Australian credit reputation website Credit Savvy announced that its platform has reached 200,000 users. The website provides Australians with free access to their Experian credit scores, monthly score updates, a knowledge center to learn about credit and a comparison tool that lets users research and… Read More

November 8, 2016 @ 8:50 am By JD Alois  |  

Stacking is a significant challenge for the online lending industry. While most consumers are responsible individuals who only want to borrower what they can afford, there is a segment of society who are challenged to manage their finances. The advent of online lending has made… Read More

November 7, 2016 @ 9:47 pm By JD Alois  |  

KPMG has published their rankings of the top Fintech firms around the globe. While there is an element of subjectivity to reports like this it is still interesting to see how a global consultancy determines who makes the list and who is on the top…. Read More

November 7, 2016 @ 4:35 pm By Samantha Hurst  |  

InAuth, a digital device intelligence company, announced on Monday its products received recognition for “Excellence in Providing Mobile-First Products for Authentication” at Corporate LiveWire’s Fintech Excellence Awards for the second year in a row. The company stated its products deliver intelligence capabilities to authenticate, reduce risk,… Read More

November 7, 2016 @ 3:32 pm By Samantha Hurst  |  

On Monday, makeup giant Revlon announced the winner of its second annual LOVE IS ON Million Dollar Challenge, which secured over $6 million through crowdfunding platform Crowdrise. The company reported that over 150 women’s health charities competed for the top donation and the Cancer Research Institute… Read More

November 7, 2016 @ 2:46 pm By Samantha Hurst  |  

Lidya, an online financial services platform, officially went live on Monday and is now issuing loans to SMEs. The new website was created by the founders of Africa Courier Express (ACE), Tunde Kehinde and Ercin Eksin. The founders of Lidya revealed its first product is a… Read More

November 7, 2016 @ 11:36 am By Samantha Hurst  |  

On Monday, Indiegogo announced it is introducing its latest feature, which eliminates the use of campaign surveys. The global crowdfunding platform introduced its latest feature, Item Options, as a way to help campaign organizers manage project perks much easier. The funding portal revealed that Item Options now… Read More

November 7, 2016 @ 9:09 am By Samantha Hurst  |  

PrimaryBid, a UK-based online platform that provides private investors the opportunity to create their own placings on their own terms, announced on Monday it made some service important to make it easier for AIM companies to issues shares.  New users of PrimaryBid are now able to gain… Read More

November 6, 2016 @ 3:49 pm By JD Alois  |  

New routes to funding – and making them more widely available, are the focus of an international conference to be held at London Southbank University later this month. According to organizers, a book will be published in the new year based on end-to-end data from… Read More

November 5, 2016 @ 3:50 pm By Jessica Pham  |  

The Australian Competition and Consumer Commission (ACCC), an independent arm of the Australian government that aims to regulate competition in the market and uphold national consumer law, has been closely eyeing four big banks to prevent attempts of monopolizing the blockchain industry in fintech. The banks… Read More

November 5, 2016 @ 11:12 am By Samantha Hurst  |  

On Friday, Uber and Mexican fintech bank Bankaool announced they have team up to launch Uber’s first ever debit card in Latin America. The online transportation network company revealed that the Uber Bankaool card has been available since October 21st and offers users who do not have… Read More