General News

August 16, 2016 @ 3:44 pm By Samantha Hurst  |  

Lenny announced on Tuesday the launch of its millennial credit education game, Lenny Points (LPs). The fintech startup revealed the in-app credit education game offers incentives for users to learn responsible financial behaviors. Users can now accrue LPs to increase their credit line balances and unlock custom… Read More

August 16, 2016 @ 3:14 pm By Samantha Hurst  |  

Indiegogo alum TrackR announced on Tuesday the launch of its integration with Alexa, the cloud-based voice service behind the Amazon Echo speaker, called “Find My Phone,” which allows customers to locate a misplaced phone. TrackR stated not only can Alexa perform tasks such as read the news, report the… Read More

August 16, 2016 @ 1:36 pm By Samantha Hurst  |  

Crowdfunding giant Kickstarter announced on Tuesday $100 million had been pledged to publishing projects since its debut in 2009. The  website confirmed: “Since we launched seven years ago, authors, publishers, book shops, poets, podcasters, and more have brought their creative projects to life with the… Read More

August 16, 2016 @ 1:21 pm By Samantha Hurst  |  

Lendified Holdings, Inc. (Lendified), a Canadian-based lending technology company, announced on Tuesday it received a $20 million credit facility from Liquid Capital Corporation to support the growth of its Canadian small business lending activities.  The online lender, which launched in early 2015, currently provides small businesses… Read More

August 16, 2016 @ 12:09 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Tuesday its crowd of investors have funded another Columbus, Ohio property. According to the funding platform, $1.5 million went towards Cardinal Creek Townhomes, a 192-unit multifamily complex in Bexley, which is a suburb of the state’s capital. The deal… Read More

August 16, 2016 @ 11:32 am By Samantha Hurst  |  

Earlier this month, crowdfunding platform Pozible announced it formed a partnership with GVEP and with its initiative, Crowd Power, which is described as a three-year program to stimulate, develop and learn from crowdfunding of renewable enterprises in sub-Saharan Africa and Africa. The funding portal noted: “GVEP… Read More

August 16, 2016 @ 11:17 am By Erin Hobey  |  

The Superbook is having a super Kickstarter campaign!  Over 4502% funded, Andromium has secured over $2,252,500 from over 13,539 backers.  Founded by Google and Y Combinator alumni and helmed by CEO Gordon Zheng, Andromium’s flagship hardware, the Superbook, is a plug-and-play shell that turns an Android smartphone into a complete laptop…. Read More

August 16, 2016 @ 10:45 am By Erin Hobey  |  

SocietyOne chief executive Jason Yetton, a former senior Westpac banker newly hired in March, shared some exciting updates with the Sydney Morning Herald: since the beginning of 2016, the Australian P2P lender has arranged AUS$50 million in personal loans on its online platform, nearly double the AUS$26 million of new lending in the December half of… Read More

August 16, 2016 @ 10:20 am By Erin Hobey  |  

The South Korean commercial bank Woori Bank Co. has partnered with the Vietnam-based mobile banking service provider M-Service, according to Pulse News, aiming to strengthen its presence in the Southeast Asian financial market.  Woori Bank has opened over 200 global financial service outlets, with two offices already in Vietnam, in… Read More

August 16, 2016 @ 9:39 am By Samantha Hurst  |  

Premiere fintech company, Bizfi, announced on Tuesday an increase of 25 percent in year-over-year small business lending originations in the second quarter of 2016, which totals more than $144 million, compared to $116 million in 2015’s second quarter. Bizfi also reportedly reached its $1.8 billion lending mark to more… Read More

August 15, 2016 @ 4:24 pm By Samantha Hurst  |  

Assetz Capital announced on Monday it received a 5 Star Rating from Defaqto in the independent financial information business’ first “Loan Based Crowdfunding” analysis. The UK-based lender is considered one of only four peer-to-peer finance platforms to have achieved the highest rating awarded by Defaqto. According to Assetz… Read More

August 15, 2016 @ 3:48 pm By Samantha Hurst  |  

On Monday, Kickstarter announced it formed a partnership with learning community Skillshare to create a list of classes taught by creators across the crowdfunding platform’s 15 categories.  The crowdfunding platform gave a few examples of classes, which are listed below. 1. Strategic Storytelling: Building Community… Read More

August 15, 2016 @ 3:41 pm By Samantha Hurst  |  

On Monday, international investment crowdfunding platform FundedByMe announced Pontus Frohde has decided to step down from his position as COO to pursue other career opportunities. Frohde first joined the funding platform’s team in April 2013 and will remain active within the company until the end of November… Read More

August 15, 2016 @ 2:23 pm By Samantha Hurst  |  

Last week, Seedrs success Storesmates announced it was accepted MassChallenge’s 2016 startup accelerator program. A total of 835 MassChallenge alumni startups reportedly raised over £1 billion in funding and created over 50,000 jobs. The early-stage startups coming to MassChallenge UK are chosen based on their impact… Read More

August 15, 2016 @ 11:35 am By Samantha Hurst  |  

Over the weekend, Crowdcube #FundedClub member Hybrid Air Vehicle announced the Airlander 10’s maiden voyage was officially canceled due to a reported technical issue. The situation happened just a few days after the aircraft completed its first hangar exit.  Airlander 10 is described as a wing-shaped aircraft… Read More

August 15, 2016 @ 10:30 am By Samantha Hurst  |  

Just a couple months after GoHenry captured nearly £4 million through its Crowdcube initiative, CEO of the digital bank solution, Alex Zivoder, shared details about the epic campaign and the company’s future. As previously reported, goHenry is an application and pre-paid debit card that is designed… Read More

August 14, 2016 @ 6:41 pm By JD Alois  |  

Heather Cox was named head of Citi Fintech in October 2015.  After less than a year of attempting to guide one of the largest banks in the world through the Fintech revolution, it appears that Cox has had enough and has moved on to USAA…. Read More

August 13, 2016 @ 9:30 am By Samantha Hurst  |  

Just three days before its self-running campaign is set to close, Crowdcube announced the initiative is considered the largest raise on a UK crowdfunding platform. The company launched its highly anticipated campaign last month and within the first 24 hours, the platform raised over £6 million… Read More

August 12, 2016 @ 4:13 pm By Samantha Hurst  |  

On Friday, GoFundMe announced four athletes who raised funds on its crowdfunding platform won medals at the 2016 Summer Olympics in Rio. The athletes were: Caeleb Dressel, USA: Gold in 4×100 freestyle relay Chase Kalisz, USA: Silver in the 400 IM David Plummer, USA: Bronze… Read More

August 12, 2016 @ 1:55 pm By Samantha Hurst  |  

On Friday, Elio Motors, Inc. (OTCQX: ELIO) announced on Friday that it had locked the price of $7,300 for the base model of its highly anticipated three-wheel vehicle. While sharing details about the new price, founder and CEO, Paul Elio, revealed Elio Motors was inspired by Volkswagen’s… Read More