General News

March 17, 2016 @ 6:19 am By Erin Hobey  |  

TradeSocio, a fintech company founded in 2014 that aims to enable brokers, banks, and financial institutions to better utilize social trading, marketing automation, analytics and big data, announced its $1.25 million seed funding round led by Octava, a Singapore-based investment holding group, according to a statement…. Read More

March 17, 2016 @ 5:48 am By Erin Hobey  |  

Top banking executives fear that up to a quarter of their business could be at risk from emerging fintech firms, according to research conducted by PwC.  The report notes that information on FinTech is somewhat “dispersed and obscure,” which can make data synthesizing challenging. PwC’s… Read More

March 16, 2016 @ 4:26 pm By Samantha Hurst  |  

This week, Japanese production studio Ys Net announced that it has created a new Chinese website for its Kickstarter success project, Shenmue III. The company, which was founded in 2008 by well-known video game developer Yu Suzuki, revealed that it will be accepting contributions through the Chinese payment… Read More

March 16, 2016 @ 12:22 pm By Samantha Hurst  |  

Continuing the search for the next PledgeMe board member, co-founder of the crowdfunding platform, Anna Guenther, unveiled some pretty good advice on how other businesses can attract more members to their business. PledgeMe started searching for a new board member after Anake Goodall stepped down from… Read More

March 16, 2016 @ 11:52 am By Samantha Hurst  |  

This week, media outlet Evening Standard sat down with David Abrahamovitch, CEO and co-founder of Crowdcube success Grind & Co., to discuss the company’s growth and expansion plans. Last summer Grind, the coffee and cocktail company behind UK shops Shoreditch Grind, Soho Grind, Holborn Grind and London… Read More

March 16, 2016 @ 10:21 am By Samantha Hurst  |  

Funding Circle, a peer-to-peer (P2P) lending platform, announced this week that it has dedicated an entire floor of its London office to startups and small businesses. This news comes nearly six months after the company moved into 71 Queen Victoria Street in Mansion House. During… Read More

March 16, 2016 @ 9:21 am By Samantha Hurst  |  

CrowdStreet, a real estate crowdfunding platform, investor acquisition and management platform , announced on Wednesday it has raised $3.5 million in Series A funding. This round was led by Rally Ventures with participation from various seed investors including Green Visor Capital, Seven Peaks Ventures and Portland… Read More

March 15, 2016 @ 3:43 pm By Samantha Hurst  |  

Just before its debut at the 2016 SXSW Festival in Austin, Texas on Saturday, Indiegogo project Asperger’s Are Us announced it was acquired by streaming giant, Netflix. Asperger’s Are Us is described as a documentary about the first comedy troupe consisting of openly autistic people. The… Read More

March 15, 2016 @ 11:36 am By Samantha Hurst  |  

Earlier this month, crowdfunding platform Patreon announced the introduction of its new campaign and pledges homepages. The funding portal shared details about the new campaign look: “Designed to optimize your experience viewing content from the creators you pledge to, the new homepage makes it easier for… Read More

March 15, 2016 @ 11:06 am By JD Alois  |  

Orchard Platform is holding a marketplace lending industry gathering today in New York City. The event is designed to help the industry scale and desires to be a positive catalyst in the evolution of online lending. Best practices, knowledge sharing and regulatory risk are key… Read More

March 15, 2016 @ 9:00 am By JD Alois  |  

Orchard Platform will be holding its first Partner Forum designed to help shape the future of marketplace lending.  The inaugural event will involve Orchard executives alongside industry executives such as Noah Breslow of OnDeck, Ron Suber of Prosper and Tom Glocer of Angelic Ventures. According… Read More

March 15, 2016 @ 8:59 am By Samantha Hurst  |  

With tax time upon us and the corporate filing deadline (March 15) looming, Dealstruck, Inc., a leading small business online lender, announced its recent survey of more than 500 business owners nationwide indicated that instead of taking a trip to Vegas, company owners are taking… Read More

March 15, 2016 @ 8:53 am By Erin Hobey  |  

Soros Fund Management and Jefferies Group LLC are investing $5 million in a startup founded by former mortgage-bond trader Perry Rahbar that analyzes consumer debt for professional investors, reported BloombergBusiness‘ Matt Scully and Dakin Campbell.  Rahbar, a former mortgage-backed securities trader at JPMorgan Chase &… Read More

March 15, 2016 @ 8:25 am By Erin Hobey  |  

Earlier this month Crowdcube Spain joined the Spanish Association of Fintech and Insurtech (Asociación Española de Fintech e Insurtech) and received the new quality certification from the Catalan Government.  The Association was created with the support of more than 50 companies, with the goal of creating a favorable… Read More

March 15, 2016 @ 7:11 am By Erin Hobey  |  

Founded in 2010, friendsurance.com currently counts over 75,000 new customers on its platform. The peer-to-peer insurance model  conceived by Friendsurance had led the creation of a new insurance market segment with over 15 new entrants in seven countries. “In 2015, we saw an amazing growth with more than 200… Read More

March 14, 2016 @ 4:28 pm By Samantha Hurst  |  

Last week, Crowdcube #FundedClub member, DeskBeers, celebrated its first birthday. The company launched a campaign on the equity crowdfunding platform last year and secured £121,900 from 129 investors so that it can begin expansion. DeskBeers is a craft beer subscription service focused on delivering great beer… Read More

March 14, 2016 @ 3:46 pm By Samantha Hurst  |  

Over the weekend, Income&, a marketplace investment platform based in San Francisco, launched its new financial investment product called PRIMOs. The unveiling took place at the SXSW Accelerator Pitch competition that was held this weekend in Austin, Texas. 2016 is reportedly marked the first year where the Accelerator… Read More

March 14, 2016 @ 11:56 am By JD Alois  |  

In response to the rapid increase of Fintech in Asia, a new conference has been launched to address the fast changing environment for financial firms. The 2016  Fintech Law in Asia Conference is scheduled to take place at Nagoya University in Japan this April. The… Read More

March 14, 2016 @ 11:43 am By Samantha Hurst  |  

Last week, Fast Company announced its 2016 Top Innovative Companies in the Automotive Sector. Among those listed was Kickstarter alum, HUDWAY.  In November 2015, the company raised $622,725 on Kickstarter to launch manufacturing of its self-titled glass with the help of over 9000 backers. Sharing details about… Read More

March 14, 2016 @ 11:14 am By Samantha Hurst  |  

On Sunday, the Supreme People’s Court of the People’s Republic of China (SPC) announced that the country’s court system handled approximately 1.42 million cases regarding peer-to-peer lending during 2015. As reported by Xinhua, during the annual parliamentary session, SPC President, Zhou Qiang, noted that the… Read More