General News

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

October 11, 2016 @ 10:54 am By Samantha Hurst  |  

Bitbond, a Berlin-based startup that connects small business owners who need a loan with investors and uses the Bitcoin blockchain for payment processing, announced on Tuesday it received its BaFin license. Sharing details about the new license Radoslav Albrecht, founder and CEO of Bitbond, stated: “With our own… Read More

October 11, 2016 @ 9:57 am By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Tuesday its legal team received recognition at the FT Innovative Lawyers Awards Europe 2016. The event took place last week, and its judges were Integreon’s Bob Gogel, Financial Times’ Michael Skaplinker, and RSG Consulting’s Reena SenGupta. Crowdcube was shortlisted… Read More

October 11, 2016 @ 8:51 am By Samantha Hurst  |  

Singapore-based crowdfunding platform CoAssets (ASX: CA8) announced on Tuesday it has appointed Tommy Teo as its new chief financial officer. Nick Bishop has stepped down from his role of chief financial officer at CoAssets, and will continue to assist with operations in Australia. CoAssets revealed that Teo is a Certified Practicing… Read More

October 11, 2016 @ 8:23 am By JD Alois  |  

OTC Markets has enlised VStock Transfer as the first participant in its new initiative to create a central repository for share data on companies traded on their various marketplaces.  The initiative is designed to boost overall transparency for securities traded on OTC Markets.  Cromwell Coulson,… Read More

October 11, 2016 @ 7:38 am By JD Alois  |  

LendIt, a global conference and events organizer established by Jason Jones, Peter Renton and Bo Brustkern, has announced a strategic partnership with AMTD Group Limited (AMTD). LendIt released the news during its annual LendIt Europe conference taking place in London today. AMTD and LendIt had previously partnered… Read More

October 11, 2016 @ 5:59 am By Erin Hobey  |  

Microsoft Corp (MSFT.O) and Brazilian lender Banco Votorantim have added a new specialty to its venture capital portfolio in Brazil, reported Reuters. Votorantim will invest an initial 3 million reais ($930,000) in the BR Startups fund created by Microsoft in 2014, with an expectation of funding about a… Read More

October 11, 2016 @ 5:34 am By Erin Hobey  |  

Envestnet, Inc. (NYSE: ENV) acquired Wheelhouse Analytics LLC, a tech company that provides data analytics, mobile sales solutions, and online education tools to financial advisors, asset managers and enterprises, according to StreetInsider.  Terms of the acquisition were not available. “Today Envestnet serves over 50,000 advisors and… Read More

October 11, 2016 @ 5:12 am By Erin Hobey  |  

Barcelona-based cobblers Les Chausseurs launched their crowdfunding campaign on Crowdcube Spain earlier last week and have already taken in more than 50,600€ of its 90K€ objective from over 27 investors. 20% equity is being offered. “I chose Crowdcube for several reasons; first, because its team explained the… Read More

October 10, 2016 @ 4:18 pm By JD Alois  |  

A new report from NextGen Crowdfunding, authored by NextGen Chief Strategy Officer Richard Swart, reviews all Reg A+ filed since June 2015 up until June of 2016.  NextGen analyzed 131 companies that have taken advantage of updated rules established by the JOBS Act of 2012…. Read More

October 9, 2016 @ 9:21 pm By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has released a commissioned study on the economics of the peer to peer lending market in the UK.  The independent assessment, provided by the economic consulting firm of Oxera, analysed the risks, costs and benefits of peer-to-peer… Read More

October 9, 2016 @ 8:29 pm By JD Alois  |  

The insurance industry is a sector of finance that is begging for disruption. In the Fintech arena, Insurtech is poised to be huge. The US Treasury Department published a study of insurance in September that pegged total assets for insurance at over $8 trillion. In… Read More

October 9, 2016 @ 2:32 pm By Samantha Hurst  |  

On Friday, British tech startup Chirp announced it formed a new partnership with the creators of video game Skylanders. The company secured £ 733,810 from 332 investors through its equity crowdfunding round on Crowdcube last year.  Founded in November 2011, Chirp is described as a… Read More