General News

October 13, 2016 @ 5:12 pm By Samantha Hurst  |  

On Thursday, GoFundMe announced it was dubbed #1 place to work among medium companies on Fortune’s List of Best Workplaces. The crowdfunding platform stated that Fortune’s partner, Great Place to Work, evaluated each company on the list based on key qualities, which are a sense of… Read More

October 13, 2016 @ 3:44 pm By JD Alois  |  

LendingRobot, the robo-advisor that connects retail investors to P2P loans, has launched a new product: LendingRobot for Advisors. This new service will help connect registered investment advisors to invest in Lending Club loans. The new application is in partnership with Millenium Trust the firm that… Read More

October 13, 2016 @ 2:43 pm By Samantha Hurst  |  

With the American people set to vote for their next President on November 8th, CEO of Ripple, Chris Larsen, revealed why the next leader of the country needs to consider putting fintech in their agenda. Larsen stated in a blog post on Thursday that while the… Read More

October 13, 2016 @ 8:58 am By Samantha Hurst  |  

Online commercial mortgage marketplace lender, LendInvest, announced on Thursday it appointed Willem Wellinghoff as its new VP of Compliance. Wellinghoff will reportedly be responsible for leading the compliance function, setting and maintaining LendInvest’s compliance and risk management strategy. According to LendInvest, Willem has served as a… Read More

October 13, 2016 @ 5:36 am By Erin Hobey  |  

With just a few hours remaining on its SyndicateRoom crowdfunding campaign, the UK independent film The Bromley Boys produced by ItchyFishFilm has secured over £509,000 from over 38 investors for 50% equity offered toward its £640,000 goal to support production for the film. £305,000 has been fronted by the film’s… Read More

October 13, 2016 @ 4:50 am By Erin Hobey  |  

India-based mobile wallet company MobiKwik announced the launch of a UPI (Unified Payments Interface) on its platform which enables users to access online payments with added services including netbanking, wallets, and credit/debit cards. In addition, MobiKwik entered into a partnership with ICICI Bank which allows users to load money into their… Read More

October 13, 2016 @ 4:34 am By Erin Hobey  |  

Digital payments platform Freecharge has appointed former Obi Mobiles executive Karthik Rajeshwaran as director (strategy), reported TechCircle. Rajeshwaran will use his expertise to usher-in consumer centric innovations to expand revenue across new business opportunities. “[Rajeshwaran] brings in a fresh perspective and inspired energy to tread us… Read More

October 12, 2016 @ 10:18 pm By JD Alois  |  

Ruth Hedges is from the early days of crowdfunding in the United States. Part of an original group of committed individuals who advocated on behalf of updating antiquated securities regulations, Hedges is a founding member of the Crowdfund Intermediary Regulatory Advocates (CFIRA); the group originally… Read More

October 12, 2016 @ 4:14 pm By JD Alois  |  

The National Crowdfunding Association of Canada (NCFA) will be hosting its 2nd annual Fintech and crowdfunding conference next week and this year the show is in Vancouver and has been labeled VanFUNDING 2016. The NCFA has included multiple enterprise conference partners this year including PayPal… Read More

October 12, 2016 @ 3:17 pm By Samantha Hurst  |  

On Tuesday, crowdfunding platform GoFundMe announced its donors have raised more than a $1 million for the victims of Hurricane Matthew, which caused damage and devastation in various parts of the Haiti, Cuba, Dominican Republic,  Lucayan Archipelago, and some of the southeastern U.S. states. The funding… Read More

October 12, 2016 @ 2:37 pm By Samantha Hurst  |  

This week, Finland-based Aurora Exchange announced it formed a partnership with Maiden Life and MangoPay to launch a peer-to-peer lending platform. The company reportedly chose MangoPay as its custodian and payment technology provider, while it will offer Maiden Life’s protection insurance to users for no extra cost… Read More

October 12, 2016 @ 12:59 pm By Samantha Hurst  |  

PieShell, a reward-based crowdfunding platform for food and beverage campaigns, has officially launched as a way to help food and beverage entrepreneurs to receive the proper funding for their projects.  Sharing details about the new website, founder of PieShell, Cheryl Clements stated: “For food enthusiasts, PieShell… Read More

October 12, 2016 @ 11:56 am By Samantha Hurst  |  

Happy six month anniversary, Crowdcube North! The equity crowdfunding platform celebrated its Manchester office by revealing some facts about the location’s already success. Before opening the office, Crowdcube stated that it helped nine businesses in the North West to raise more than £1.4 million in the… Read More

October 12, 2016 @ 11:10 am By JD Alois  |  

Tech Coast Angels has enlisted the assistance of Josh Lerner from the Harvard Business School and Antoinette Schoar from MIT to research angel investing and the overall impact on the companies they fund.  The report (embedded below) indicates that angel networks have a demonstrably positive… Read More

October 12, 2016 @ 9:08 am By JD Alois  |  

Dara Albright, a long-time proponent of alternative finance and founder of Albright Media, has announced the launching of a new video channel covering the evolving financial technology sector.FinTechREVOLUTION.tv is described as featuring the leadership and technologies that are shaping the future of personal finance. The… Read More

October 12, 2016 @ 8:36 am By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Crowdcube announced it has appointed former Citigroup and HSBC executive, Simon Williams, as a new chairman of its board. Williams notably has over 30 years of experience in banking and investment. The funding portal revealed that Williams is joining the board… Read More

October 11, 2016 @ 2:45 pm By Samantha Hurst  |  

On Tuesday, Indiegogo and its partner, Arrow Electronics, announced Brad Holland, of Kordbot, is the first to win $25,000 in flash funds to help bring his product to life. The companies revealed they are giving $25,000 to three entrepreneurs throughout the month of October, with Holland… Read More

October 11, 2016 @ 1:00 pm By Erin Hobey  |  

Embroker, a modern business insurance platform designed to improve how companies of all sizes buy and manage insurance coverage, announced the public launch of its technology platform. The system allows businesses to digitize existing policies and data, analyze, compare, buy new coverages, and file and… Read More

October 11, 2016 @ 12:43 pm By Erin Hobey  |  

Cringle, the smartphone app for users who want to send money to friends across Europe in a matter of seconds, has received numerous awards.  Founded in 2014, the German platform has partnered with Deutsche Kreditbank AG (DKB), establishing an important bridge between traditional banks and fintech, thus making… Read More

October 11, 2016 @ 11:43 am By Samantha Hurst  |  

On Tuesday, Biz2Credit released its latest small business lending index that revealed loan approval rates at big banks and institutional lenders have improved to all-time highs in September 2016. Sharing details about the index, Rohit Arora, CEO and co-founder of Biz2Credit, stated: “The Federal Reserve… Read More