General News

September 9, 2016 @ 11:15 am By Samantha Hurst  |  

On Friday, Commonwealth Bank of Australia (CBA) and Barclays announced they formed a partnership to allow users of both their apps, CommBank app and Pingit, to move money between Australia and the UK. The two companies have reportedly worked together to connect each of their payment… Read More

September 9, 2016 @ 9:30 am By Samantha Hurst  |  

Food giant, General Mills, announced on Thursday in honor of its Box Tops For Education’s 20th birthday, it will be rolling out a new crowdfunding-type tool, Clip Board, which allows the program’s volunteer coordinators to conduct online collection drives that showcase what their clips are… Read More

September 9, 2016 @ 8:49 am By Samantha Hurst  |  

On Thursday, the team of the Kickstarter project, Bloodstained: Ritual of the Night, announced the highly anticipated video game was officially going to debut in 2018 instead of its initial 2017 release. As previously reported, Bloodstained is described as a 2D exploration-focused, side-scrolling platformer that features RPG and crafting elements. Inside… Read More

September 8, 2016 @ 5:03 pm By Samantha Hurst  |  

London-based healthy food delivery startup Pronto reportedly shut down after running out of funds. The company took to Seedrs in May and secured £838,620 to expand its delivery area to cover the central part of the city and although it recently announced its partnership with Starship… Read More

September 8, 2016 @ 1:32 pm By Samantha Hurst  |  

White-label digital banking platform provider, Urban FT, announced on Thursday it has launched its management portal, which will enable financial institutes the ability to create custom digital programs. The company reports the companies can build the programs within just hours and then after deployment the… Read More

September 8, 2016 @ 12:17 pm By Samantha Hurst  |  

On Thursday, Qumram, a global provider of digital interaction audit solutions for the financial services industry, has been selected by global asset managing company Russell Investments, to provide compliant digital record-keeping. Qumram stated because client demand for digital communication and transaction has increased, so has compliance risk. It will… Read More

September 8, 2016 @ 11:09 am By Samantha Hurst  |  

On Thursday, Indiegogo and Hasbro announced Shark Tank star, Daymond John will be a guest judge for the Fall 2016 Gaming Challenge, now open to game designers in the U.S., U.K., Canada (excluding Quebec), France and Germany. The new contest notably offers independent game designers a prominent… Read More

September 8, 2016 @ 9:33 am By Samantha Hurst  |  

This week, Indiegogo announced the release of its new Campaign Marketing Workbook. The global crowdfunding platform stated the new workbook helps project creators organize all of the key stakeholders in their project along with set a strategy and schedule for when to reach out to them… Read More

September 8, 2016 @ 8:32 am By Samantha Hurst  |  

On Thursday, DLT Financial and London-based fintech company Tramonex, announced the launch of DLT10, a crypto-currency financial index. The companies stated the index was designed to track the performance of major digital currencies that run on public blockchains and unlocks information and access to the 10 most… Read More

September 8, 2016 @ 5:57 am By Erin Hobey  |  

The word on the street is that one of the US’ largest online lenders, SoFi, is pitching a new $500 million fundraising effort, according to the WSJ; the San Francisco-based privately held lender helmed by CEO Mike Cagney will reportedly use the funding for new growth initiatives among mass-market borrowers and… Read More

September 8, 2016 @ 3:19 am By Erin Hobey  |  

Aiming to bring one million electric cars to German roads by 2020, the German federal government recently introduced a subsidy for purchasers of electric cars. Demand for this subsidy has reportedly neither been very high. According to e-scooter start-up Kumpan, this subsidy does not apply to electric scooters. Despite this… Read More

September 7, 2016 @ 4:02 pm By Samantha Hurst  |  

On Wednesday, RealtyShares announced real estate firm, Blue Mountain, has secured $3 million for a Salt Lake City residential property development fund. The real estate crowdfunding platform revealed Blue Mountain would purchase over 200 underperforming homes through the development fund, which is the fourth single-home fund that the… Read More

September 7, 2016 @ 2:27 pm By Samantha Hurst  |  

On Wednesday, SyndicateRoom announced the equity crowdfunded movie Salty has finished the filming stage of its production. As previously reported, the project first appeared on SyndicateRoom in 2014 and the offer allowed smaller investors to participate in the film project for as little as £1,000. The film’s campaign successfully… Read More

September 7, 2016 @ 12:22 pm By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Crowdcube released a timeline of one of its highly successfully #FundedClub members, Pavegen. In summer 2015, Pavegen successfully raised over £2 million during the equity crowdfunding round. Its technology converts footsteps into electricity, making it possible to power services in high-footfall locations, as well as… Read More

September 7, 2016 @ 10:30 am By Samantha Hurst  |  

On Tuesday, UK money management app, Pariti, announced it has teamed up with peer-to-peer lending platform, Zopa, to help millennials pay off their credit cards. Pariti, which was authorized by the FCA this June, is currently seeking to be a “pioneer” a new “marketplace banking” model. Its app… Read More

September 6, 2016 @ 4:04 pm By Samantha Hurst  |  

With Lumo set to launch its new Kickstarter next week, founder Lucy Bariner recently shared details about the company’s development and UK’s cycling industry.  As previously reported, LUMO designs jackets and bags for cyclists that subtly incorporate ultra-high brightness LEDs. These lights are waterproof, washable and powered… Read More

September 6, 2016 @ 2:36 pm By Samantha Hurst  |  

On Tuesday Seattle-based desktop laser company, Glowforge, announced it received $45 million in total sales for its highly anticipated 3D laser printer. This news comes less than a year after the company secured $28 million during its self-running crowdfunding campaign and just a month after… Read More

September 6, 2016 @ 1:53 pm By Erin Hobey  |  

When Finnovista first covered Spanish fintech in 2013, the site recorded only 50 startups in the sector; now, three years later, in its first edition of Fintech Radar Spain, the site identified 207 Spanish fintech startups, indicating the sector had quadrupled in three years, stats largely in line with fintech’s global trend. Cofounded… Read More

September 6, 2016 @ 7:49 am By JD Alois  |  

Kuber Ventures, a platform that seeks out EIS/SEIS investment opportunities has announced several new hires. to help accelerate growth geographically and across the business.  Kuber has appointed Tim Thornton, Matt Lenzie, & Kate Hopkin to executive positions. Kate Hopkin’s will assume responsibilities as Business Development Associate…. Read More

September 6, 2016 @ 6:00 am By JD Alois  |  

  Cambridge Centre for Alternative Finance Publishes 2nd Annual Research Report on European Alternative Finance The Cambridge Centre for Alternative Finance (CCAF) has published its 2nd report on the rapid growth of alternative finance across Europe. Entitled “Sustaining Momentum“, the CCAF research has quickly become… Read More