General News

June 21, 2016 @ 1:30 pm By Erin Hobey  |  

“It’s time to start evening the playing field for women in business,” Lebenthal commented. Alexandra Lebenthal, who Fortune named “The New Queen of Wall Street,” has joined forces with alice + olivia CEO and Creative Director Stacey Bendet to create BankRoll Women, a company that will help women entrepreneurs at… Read More

June 21, 2016 @ 12:29 pm By Samantha Hurst  |  

Famed car service Uber recently launched its brand new super-fast delivery service, UberEats, in London. The service offers up menus have dishes from local spots that users love and the ones they have been looking to try. It is the same cashless payment as a regular… Read More

June 21, 2016 @ 8:41 am By Erin Hobey  |  

Between 2010 and 2015 global investment in fintech ventures has grown from $1.8 billion to $22.3 billion, according to Accenture’s latest report on the global fintech landscape. Accenture (NYSE:ACN) has joined a new fintech hub for start-ups based in Tel Aviv, Israel dubbed “The Floor.” As… Read More

June 21, 2016 @ 8:21 am By Erin Hobey  |  

Singapore-based private investment firm Shanda Group led Chinese billionaire Tianqiao Chen reported that Chen has raised his stake again in online lending platform Lending Club Corp following the recent ouster of founder and Chief Executive Renaud Laplanche. According to Reuters, Chen increased his Lending Club shares… Read More

June 20, 2016 @ 10:32 pm By JD Alois  |  

UK based Fintech startup Invoice Cycle has secured a solid $4 million seed round.  The funding, first reported in Tech.eu, said participating investors, along with SeedL joined in the round. Müller Medien is an interesting investor as its roots are more traditional businesses. Founded in… Read More

June 20, 2016 @ 3:53 pm By Samantha Hurst  |  

Earlier this month, BrewDog founders, Martin Dickie and James Watt, received MBEs in the Queen’s Birthday Honours list. The company was started in the back of a van and has evolved into a powerhouse artisanal brewery. It has been known for its guerrilla marketing tactics and ability… Read More

June 18, 2016 @ 2:31 pm By JD Alois  |  

Last night the Securities and Exchange Commission (SEC) announced they had approved Investor’s Securities Exchange or IEX as a national securities exchange. IEX must satisfy certain standard conditions specified in the Commission’s order before it is able to begin the process of transitioning its operation… Read More

June 18, 2016 @ 8:25 am By Samantha Hurst  |  

Notion, a home monitoring system that is benefitting from the boom in the Internet of Things (IoT) development, announced earlier this month that it has secured $3.2 million during a seed round that was led by XL Innovate. Liberty Mutual Strategic Ventures, the strategic venture capital arm… Read More

June 16, 2016 @ 1:16 pm By Samantha Hurst  |  

British Business Bank Investments Ltd., the commercial arm of the British Business Bank, announced that it has appointed Catherine Lewis La Torres as its new CEO. Lewis La Torre joins the company from Cardano and has over thirty years’ experience in the private equity industry focused on investing in the… Read More

June 16, 2016 @ 11:50 am By Samantha Hurst  |  

Following the announcement that Mondo is planning to change its unique name, digital only challenger bank is now dealing with rumors that it may be acquired by London-based, Lloyds Banking Group. As previously reported, Mondo Bank secured £1 million from investors through its Crowdcube initiative in… Read More

June 16, 2016 @ 10:34 am By JD Alois  |  

Thomson Reuters has announced they will now provide clients with closing bid, offer and trade data on the over 10,000 securities trading on the various OTC marketplaces. OTC Markets already provides real-time data via the Thomson Reuters Elektron and Eikon products. “We’re pleased to be… Read More

June 16, 2016 @ 8:22 am By Samantha Hurst  |  

On Thursday, CoAssets announce that it is hosting the 2016 Expo for Property, Investing & Crowdfunding (EPIC) in Singapore next month. The crowdfunding event will take place on July 8th at the Singapore Marriott Tang Plaza Hotel. EPIC is described as a 1-day event that informs SMEs and startups on… Read More

June 15, 2016 @ 6:04 pm By Erin Hobey  |  

It’s that time of year, readers, when camping in the northern hemisphere has become optimal. Pre-insects, post-blizzard. For readers who prefer a year-round camping experience (camp in a hammock and/or have had their water supplies freeze inside their tents on multiple occasions) or just crave plain and simple comfort,… Read More

June 15, 2016 @ 3:25 pm By Erin Hobey  |  

The crowd has a habit for raising its glass (and opening its wallets) for crowdfunding campaigns offering spirits, beer and wines. Whiskey is the focus of today’s campaign. Scottish whiskey. Think Poet Robert Burns.  GlenWyvis Distillery Community Benefit Society, based in the historic Highland town… Read More

June 15, 2016 @ 2:48 pm By Erin Hobey  |  

Citizens of the world are united in support of Orlando’s LGBT community and its Equality Florida’s Pulse Victim Fund campaign that was listed on GoFundMe in the wake of this past weekend’s horrific shooting in Orlando.  As previously reported, LGBT rights group Equality Florida linked with the philanthropic crowdfunding… Read More

June 15, 2016 @ 2:21 pm By Erin Hobey  |  

As expected, more and more brick and mortar operations are casting wider nets for clients, by utilizing fintech and offering more and more of their services online.  Raleigh-based Sageworks, a financial information company that provides loan portfolio and risk management solutions to banks and credit unions,… Read More

June 15, 2016 @ 1:21 pm By Samantha Hurst  |  

Inkshares, a start-up crowdfunded book publisher, announced on Wednesday it was launching its brand new app for agents, publishers and studios. According to the Hollywood Reporter, Inkshares Properties is described as a marketplace that “offers sample chapters and info on movie, TV, audiobook and foreign rights all… Read More

June 15, 2016 @ 11:50 am By Samantha Hurst  |  

On Wednesday, global crowdfunding platform Indiegogo announced it has teamed up with pharmaceutical giant, Pfizer, to launch a new initiative called, Project Get Old. Sharing details about the campaign, Indiegogo revealed in a blog post: “Age doesn’t have to dictate our health. If we take care of… Read More

June 15, 2016 @ 10:57 am By JD Alois  |  

The Minnesota intrastate crowdfunding law kicks off next week when the Minnesota Commerce Department will begin accepting applications for portal operators on June 20th. The new law, enacted about one year ago, was created to allow ordinary Minnesota citizens to use crowdfunding to invest up to $10,000… Read More

June 15, 2016 @ 10:38 am By JD Alois  |  

Mambu, a SaaS alternative to legacy core banking software that allows financial firms to move quickly online, has partnered with several accelerators and incubators on a Fintech Startup Program. The new initiative is said to enable startups to build financing products faster and cheaper than… Read More