General News

October 14, 2016 @ 4:22 pm By Samantha Hurst  |  

Real estate crowdfunding platform, Wealth Migrate, announced on Friday it placed top 3 at the first annual African Fintech Awards, which was held on Thursday at the Sandton Convention Center. The new event notably celebrates innovators in finance and acknowledges the work they do to make a… Read More

October 14, 2016 @ 3:03 pm By JD Alois  |  

PwC has published a report on venture capital indicating that $10.6 went into early stage companies during the 3rd quarter of 2016. The MoneyTree Report, based on data provided by ThomsonReuters, showed that venture capital declined by 36% in total number of deals and by… Read More

October 14, 2016 @ 1:55 pm By Samantha Hurst  |  

Following the release of LendInvest’s latest financial results, co-founder Christian Fae announced the investment platform’s latest updates. Faes also revealed more details about the platform’s growth and development: “We built an online investment platform where people could invest their money in property loans, hand-picking their… Read More

October 14, 2016 @ 12:33 pm By Samantha Hurst  |  

On Friday, equity crowdfunding platform Crowdcube announced it was named the winner of the 2016 Money Age Awards’ Innovation in Consumer Finance award. The funding portal revealed on Twitter the exciting news: Very proud to say team @Crowdcube won the ‘Innovation in Consumer Finance’ award at… Read More

October 14, 2016 @ 11:40 am By Samantha Hurst  |  

This week, Kiwibank, along with its partner Creative HQ, announced they have teamed up with Simmonds Stewart, which will reportedly act as legal counsel for Kiwibank’s new fintech accelerator program. As previously reported, Kiwibank announced the launch of its new fintech accelerator in New Zealand…. Read More

October 14, 2016 @ 10:55 am By Samantha Hurst  |  

On Friday, Staples announced it has teamed up with pop sensation Katy Perry to help hundreds of teachers through its new 2016 student program. The company revealed that the program, which debuted earlier this year, has already fulfilled $1 million in classroom projects through DonorsChoose…. Read More

October 14, 2016 @ 8:50 am By Samantha Hurst  |  

On Thursday, Kickstarter announced it is set to host its very own “Ghost Arcade” Games Festival at BRIC in Fort Greene Brooklyn on October 29th. The reward-based crowdfunding platform stated that visitors would get to experience both video and table games from New York-based creators…. Read More

October 13, 2016 @ 5:19 pm By JD Alois  |  

Louise Beaumont, the long-time Head of Public Affairs & Marketing of GLI Finance has departed the firm. According to her LinkedIn profile, Beaumont has taken a position as Vice-Chair of the Open Bank Working Group. Beaumont has been an outspoken advocate of alternative finance and the… Read More

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