General News

March 10, 2016 @ 5:01 am By Erin Hobey  |  

Early Warning, a leading real-time payments, authentication and risk mitigation platform, announced that Bank of America is now processing real-time P2P transactions through Early Warning’s clearXchange network. Customers at both banks are now able to send eligible real-time P2P payments to customers at BoA or U.S…. Read More

March 10, 2016 @ 4:30 am By Erin Hobey  |  

2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative Finance  seminal benchmarking surveys last year), which estimates that VC-backed fintech firms around the world secured $13.8 billion in… Read More

March 9, 2016 @ 3:50 pm By Samantha Hurst  |  

This week, Real Business released its annual Eveline Future 50 list, which is a handpicked selection of the 50 most disruptive businesses in Britain. Among those on the list were three companies that have either funded or still funding on equity crowdfunding platform, Seedrs. Here are… Read More

March 9, 2016 @ 3:07 pm By JD Alois  |  

The odyssey of Elio Motors (OTCQX:ELIO) and the process of raising capital online is notable not because of the fact it raised $17 million on StartEngine  and then quickly followed with a listing on the OTCQX but because it is a “first”. As all forms… Read More

March 9, 2016 @ 1:26 pm By Samantha Hurst  |  

This week, global crowdfunding platform Indiegogo announced details about its 2016 fellowship program with partner Independent Filmmaker Project (IFP). The Indiegogo Fellowship offers one artist/filmmaker a chance to receive six months of Community Workspace membership at the Made in NY Media Center by IFP. The center… Read More

March 9, 2016 @ 12:09 pm By Samantha Hurst  |  

Herio Capital, an online marketplace lender, announced on Tuesday it has funded over $20 million to American entrepreneurs and small businesses since launching in February 2015. The news  comes after successful third and fourth quarters that have Herio poised for another year of growth in… Read More

March 9, 2016 @ 10:47 am By Samantha Hurst  |  

Funding Circle announced on Wednesday that former executive board member of the European Central Bank (ECB), Jörg Asmussen, will join its board. This announcement reportedly marks another important step for the company as it strengthens its leadership position in marketplace lending globally Jörg Asmussen is… Read More

March 9, 2016 @ 10:14 am By Samantha Hurst  |  

PledgeMusic, a crowdfunding platform for music, announced this week it will acquire NoiseTrade and Set.fm. The newly integrated company will reportedly have a user-base of more than 3 million highly active music superfans directly engaging with the artists they love.  PledgeMusic Founder and CEO Benji Rogers,… Read More

March 8, 2016 @ 1:43 pm By Samantha Hurst  |  

Real estate crowdfunding software provider, Katipult, announced this week it is looking to establish its compliance solution in various countries outside the U.S. including UK, Singapore, Australia & Canada.  The announcement came at a private investor event facilitated by the Global Fintech Group, where the company… Read More

March 8, 2016 @ 1:28 pm By Therese Torris  |  

When thinking about Frankfurt, Finance immediately comes into mind. But FinTech? Not necessarily. Well, if it goes according to Execfintech, this is about to change. In its 3rd edition, Execfintech is a Fintech networking event, part pitching and part conference style panels and presentations –… Read More

March 8, 2016 @ 12:28 pm By Samantha Hurst  |  

On Tuesday, while celebrating International Women’s Day 2016, Indiegogo announced a new year-long initiative to support diversity in entrepreneurship. The funding portal will seek to offer extra support for women-run crowdfunding campaigns between now and March 2017.  The global crowdfunding portal stated: “Over eight years ago, we created… Read More

March 8, 2016 @ 11:14 am By Samantha Hurst  |  

Lendinvest, a peer-to-peer lending platform, announced on Tuesday that it has been shortlisted for the RESI Awards 2016 by Property Week. The portal was named on the event’s “Residential Financier of the Year” alongside seven other property finance companies: Cain Hoy Homes and Communities Agency Investments… Read More

March 8, 2016 @ 10:56 am By Samantha Hurst  |  

In celebration of International Women’s Day 2016, equity crowdfunding platform Seedrs announced it is offering £10 for new female investors. The funding portal stated: “Did you know? About 30% of investors on Seedrs are women; a percentage which we are seeing steadily rise. To celebrate International… Read More

March 8, 2016 @ 10:45 am By Samantha Hurst  |  

On Tuesday, crowdfunding platform, GoFundMe, announced it is kicking off a new effort to expand its footprint in education by launching a fundraising contest to give 9 high-need schools the opportunity to win 100 Google Chromebooks. GoFundMe has created a new education-specific portal as a… Read More

March 8, 2016 @ 10:21 am By Samantha Hurst  |  

Online marketplace lender LoanHero announced on Tuesday it has expanded its lending operations to a nationwide footprint in partnership with First Electronic Bank, Member FDIC. LoanHero was founded to provide consumers with loan products at the point of sale while facilitating the credit process for merchants… Read More

March 8, 2016 @ 9:55 am By Samantha Hurst  |  

On Tuesday, Protonet, a provider of project management and collaboration solutions, announced it has upgraded its popular Carla Private Cloud Servers. Protonet was founded 2012 by Ali Jelveh andChristopher Blum and in .2014, the company was awarded the Crowdfunding World Champion by Seedmatch, with an investment of three… Read More

March 8, 2016 @ 9:01 am By Erin Hobey  |  

Venture for America Fellows announced its 5th Innovation Fund crowdfunding campaign in partnership with Indiegogo and sponsored by Barclays, gives access to $50,000 per year in grants for eleven Fellow-led projects. “We are grateful to Barclays and Indiegogo, who have offered up their expertise and resources to… Read More

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

CAN Capital, a market share leader in alternative small business finance, today announced the winners of its Take the Reins contest. Chosen from over 800 submissions, ten small businesses won $5,000 each toward essential items like equipment, merchandise and technology, and four small businesses won a custom… Read More

March 8, 2016 @ 7:41 am By JD Alois  |  

Entrepreneurial Scotland (ES) and BGF have formed a new partnership to help finance the countries entrepreneurs.  Entrepreneurial Scotland’s networks include over 1000 of Scotland’s entrepreneurial leaders who collectively employ 150,000 people. ES estimates these entrepreneurs generate revenues of around £17 billion. ES was created via… Read More

March 8, 2016 @ 4:20 am By Erin Hobey  |  

FinTech Sandbox, a nonprofit that helps FinTech startups access data and build great products, today announced a series of celebrations marking its one-year anniversary. The biannual FinTech Sandbox Demo Day will be held on March 24, 2016 at Fidelity Investments headquarters. Sandbox sponsors, data partners,… Read More