General News

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

November 5, 2016 @ 10:47 am By Samantha Hurst  |  

Grow, a San Francisco-based fintech company that focuses on socially responsible investments, announced this week the launch of its ESG investment analytics tool. According to the company, the new Grow Analytics tool combines data from top ESG rating companies from around the globe to create a Grow Score,… Read More

November 4, 2016 @ 4:10 pm By Samantha Hurst  |  

SoFi, one of the largest online lenders in the US, announced this week the launch of its new program dedicated to helping homeowners pay off their student debt faster. The platform new offering, which is called the Student Loan Payoff ReFi, allows homeowners to have the… Read More

November 4, 2016 @ 1:26 pm By Samantha Hurst  |  

New Zealand crowdfunding platform AlphaCrowd announced on Friday it has secured $800,000 for a new investor in China. The website revealed it received $380,000 from Beijing-based Fang Liu and is expected to receive the additional $420,000 after Lai is granted a work visa from New… Read More

November 4, 2016 @ 12:05 pm By Samantha Hurst  |  

Chinese online insurer, ZhongAn Online Property & Casualty Insurance Co., Ltd. (ZhongAn) announced on Friday the launch of its new fintech incubator, ZhongAn Information and Technology Services Co., Ltd. (ZhongAn Technology). According to the insurer, the new brand will explore technology innovation for ZhongAn along with… Read More

November 4, 2016 @ 11:15 am By Samantha Hurst  |  

On Thursday, European online lender Spotcap announced it is ready to expand into the UK market and will be opening its new London office by the end of the year. Incubated by German investment company Rocket Internet, Spotcap was founded in 2014 and currently offers SMEs credit… Read More

November 4, 2016 @ 10:57 am By JD Alois  |  

The Securities and Exchange Commission has published the agenda for its first Fintech forum that is scheduled to take place on November 14th at SEC HQ in Wshington, DC.The forum is open to the public and begins at 9AM. The SEC will also be live-streaming… Read More

November 4, 2016 @ 9:57 am By JD Alois  |  

Independent ratings agency 4thWay is out with an interesting report on the peer to peer property lending market in the UK.  This sector of alternative finance has been very popular due to the asset class and the solid returns. Even in light of Brexit turmoil,… Read More

November 4, 2016 @ 9:47 am By Samantha Hurst  |  

On Thursday, online lender for small business OnDeck (NYSE: ONDK) released its 2016 third quarter results. The platform shared that the report revealed its Loans Under Management saw an increase of 44% year-over-year to $1.1 billion, Originations by 27% to $613 million, and gross revenue by 15%… Read More

November 3, 2016 @ 5:51 pm By Erin Hobey  |  

Keeping the fun in funding. No-risk organized fun? Logical and organized fun?  Berlin-based GroopDoo aims to provide all this and more with its new, secure way of financing group activities. As we all know, activities do not take place before enough people commit and money becomes… Read More

November 3, 2016 @ 4:34 pm By Samantha Hurst  |  

Kuber Ventures announced on Thursday that two new Enterprise Investment Scheme (EIS) funds have signed up to its investment platform. According to the portal, the new funds, the Guinness EIS and Seneca Managed Storage EIS, now offer investors asset-backed EIS investment strategy.  Guinness EIS notably focuses on… Read More

November 3, 2016 @ 4:00 pm By Samantha Hurst  |  

On Thursday, NextGen Crowdfunding announced details about the first series of online awards programs, the Crowdfunding Video Awards (CVAs). This new event will notably recognize the best videos from both reward and equity crowdfunding campaigns. NextGen reported that the CVAs will provide campaign organizers new ways… Read More