General News

October 27, 2016 @ 9:33 am By Erin Hobey  |  

The fintech and insurtech company IATAI Enterprises (IATAI) launched OnePocket, a frictionless and secure mobile payment method that allows customers to use Visa Checkout and in-store. The payment method was unveiled at Money20/20. Visa Checkout is an online checkout service that allows customers to make purchases from their smartphone, tablet,… Read More

October 27, 2016 @ 9:16 am By Erin Hobey  |  

Climb Credit, a leading US online student lending platforms, announced that fintech pioneer Angela Ceresnie has joined the company as Chief Operating Officer. Ceresnie will be leading efforts to scale the business to a growing pool of partnerships with alternative education providers across the country. A seasoned… Read More

October 27, 2016 @ 8:45 am By Samantha Hurst  |  

Earlier this week, peer-to-peer lender Zopa announced it will be hosting Zopathon16, which is described as a 24-hour opportunity to developers, product people, and designers to present their fintech ideas.  The lender revealed: “After last year’s success we decided to replicate it this year with a new… Read More

October 27, 2016 @ 8:28 am By Erin Hobey  |  

ReliaMax, a fintech-based and complete private student lending solutions provider, announced the launch of borrower acquisition channel partnerships as part of its Connext Private Student Loans by ReliaMax platform. The inaugural partners include LendingTree, SimpleTuition, Upstart and Student Loan Hero. Borrowers may now access ReliaMax’s Connext… Read More

October 26, 2016 @ 4:05 pm By Samantha Hurst  |  

On Wednesday, Crowdfunder UK announced the Santander Changemaker Fund has given Goldfinger Factory £10,000. Goldfinger described as an award-winning factory that turns wasted wood into beautiful furniture, jewellery and interior products. Crowdfunder UK revealed earlier this month it teamed up with Santander for the fund, which… Read More

October 26, 2016 @ 1:45 pm By Samantha Hurst  |  

Earlier this week, Accenture (NYSE: ACN) and the Partnership Fund for New York City announced their FinTech Innovation Lab is now accepting applications for its seventh annual class. The FinTech Innovation Lab is described as a program for entrepreneurs that are developing disruptive, pioneering technologies for the financial… Read More

October 26, 2016 @ 1:11 pm By Erin Hobey  |  

Short-term working capital provider KredX, which helps small businesses get short-term working capital by discounting their unpaid invoices, has raised $6.25 Million in Series A round of funding. The funding round was led by Sequoia Capital India and the company’s existing investor, Prime Venture Partners. The fresh funds will… Read More

October 26, 2016 @ 12:52 pm By Erin Hobey  |  

From your scooter to mine in less than two days?  Mumbai-based fintech startup CreditMate has raised $500K from the India Quotient VC fund. Founded this year by Jonathan Bill and Aditya Singh, CreditMate is an online lending platform focused on the used motorbike and scooter market in India.  The platforms aims to provide affordable loans for… Read More

October 26, 2016 @ 12:43 pm By Samantha Hurst  |  

Investment crowdfunding platform Growthdeck announced it has merged with merged with the established HNW investor club and syndicator, Radius Equity, to create a premium VC-crowdfunding hybrid. This news comes just a few months after Growthdeck secured over £1 million through its self-crowdfunding campaign. Radius Equity, which is described as… Read More

October 26, 2016 @ 12:34 pm By Erin Hobey  |  

Addepar, a financial operating system, today announced major company milestones and significant updates to its technology, notably the availability of the Addepar Open API. With 97% year-over-year growth, Addepar now reports more than $500 billion in assets on its platform, and serves as mission-critical technology to more… Read More

October 26, 2016 @ 10:00 am By Samantha Hurst  |  

nanoPay, an early-stage fintech company based in Toronto that provides a secure, real-time payments platform, announced on Wednesday it has secured $10 million during a Series A funding round. Participants in the round reportedly included The Merchant Banking Division of Goldman Sachs, APAGM Services LLC… Read More

October 26, 2016 @ 8:53 am By Samantha Hurst  |  

Online commercial mortgage marketplace lender, LendInvest, announced on Wednesday it is now offering dates for a second London course for its Property Development Academy as a way to accommodate some of the applicants who were not included in the first Academy course. This second course… Read More

October 26, 2016 @ 7:08 am By Samantha Hurst  |  

Laver & Wood, a Hawkes Bay-based cricket batmaker, announced on Wednesday it is planning to launch an equity crowdfunding campaign on PledgeMe next month. The company is seeking to raise between $250,000 and $1,000,000 which represents 5.8%–20% of the company. Shares are $1 each with a minimum… Read More

October 25, 2016 @ 2:39 pm By JD Alois  |  

Crowdnetic has published its annual  Crowdwatch report on Title II investment crowdfunding as enacted under the JOBS Act of 2012. Title II, or Reg D 506(c), allows issuers the option to “generally solicit” or to promote their securities online to accredited investors. According to their… Read More

October 25, 2016 @ 2:33 pm By Samantha Hurst  |  

ICONOMI, the globally licensed and regulated bitcoin exchange, announced on Tuesday it is distributing all ICN apptokens among its investors less than a month after its successful Initial Coin Offering (ICO). The company reportedly issued 100 million ERC20 compliant apptokens, which represented 100% ownership of ICONOMI, to the… Read More

October 25, 2016 @ 10:37 am By Samantha Hurst  |  

On Tuesday, PeerStreet celebrated its one-year anniversary by revealing that it has funded $150 million investments with zero losses in the last twelve months. The real estate crowdfunding platform also declared it is offering investors average annualized returns between 6% and 12% to date and… Read More

October 25, 2016 @ 10:02 am By Samantha Hurst  |  

On Tuesday, Toronto’s cloud-based mobile payment platform Dream Payments announced it was named the winner of the global investment challenge for fintech and digital health companies, VentureClash. The event was held on October 20th at Yale University. The company stated it was among almost 200 contenders… Read More

October 25, 2016 @ 10:00 am By Erin Hobey  |  

UBS has named its former Apac CTO Peter Stephens as head of blockchain, replacing Alex Batlin who jumped ship last week to join BNY Mellon. A thirteen-year veteran at the Swiss bank, Stephens starts his new position on 1 November, working out of the bank’s London… Read More

October 25, 2016 @ 9:49 am By Erin Hobey  |  

Bizfi, a, NYC-based fintech platform that combines aggregation, funding and a marketplace for small businesses, announced its board of directors has appointed John Donovan as the company’s CEO. Donovan is 30-year payments and alternative finance industry veteran, serving both small businesses and consumers. “Bizfi is transforming the way… Read More

October 25, 2016 @ 9:27 am By Erin Hobey  |  

A new program partnership between AngelList and the Ontario Securities Commission (OSC),  is now available to investors in Ontario, reported BetaKit. Eligible investors can now invest in Creative Destruction Lab and NEXT Canada startups raising capital through an AngelList Syndicate, provided the startups are headquartered in, or have significant… Read More