General News

February 23, 2016 @ 6:28 am By Erin Hobey  |  

FinTech Sandbox, a nonprofit that helps FinTech startups access data and build great products, today announced that Experian, a leading global information services company, will make its business credit data available to Sandbox residents. By leveraging Experian’s business data, residents will be able to further… Read More

February 23, 2016 @ 6:15 am By Erin Hobey  |  

The Mobile World Congress 2016 continues today in sunny Barcelona.  PayPal announced its new global partnerships and product updates that showcase its vision of using technology to reimagine financial services to be faster, simpler and more inclusive, whether online, in-app, in store or in new contexts. “We… Read More

February 23, 2016 @ 5:57 am By Erin Hobey  |  

myPINpad, UK based technology company which enables multi-channel and multi-factor authentication via the Cardholder PIN has appointed a new Head of Global Partnerships, Dheeraj “DJ” Ahluwalia. The appointment signals an exciting period of growth for the business. Following the announcement of a partnership with VocaLink late last year,… Read More

February 23, 2016 @ 5:42 am By Erin Hobey  |  

Safe Cash, an end-to-end secure digital payment technology for banks, merchants, and consumers, has announced that it is able to handle up to 25,000 transactions per second on its blockchain – more than 3,000 times as many as Bitcoin. The time to complete and final settlement… Read More

February 22, 2016 @ 9:59 pm By Candace Klein  |  

A common theme in business and finance circles is that women are underrepresented, less capitalized, and face an uphill battle when it comes to building and financing their small businesses.  While the statistics may bear this out to some degree, the women-owned business horizon is… Read More

February 22, 2016 @ 11:56 am By Samantha Hurst  |  

Obsidian Solutions, a Canadian fintech company that optimizes operations for fund managers, announced on Monday it has secured $500,000 during a seed funding round. Obsidian noted its team has designed and built a new type of solution for the asset management community that tackles the need for… Read More

February 21, 2016 @ 12:38 pm By JD Alois  |  

The Enterprise Investment Scheme Association (EISA) is a not for profit entity that supports driving capital and investors to small and medium sized companies. The UK has effectively subsidized entrepreneurs as policy makers have recognized the profound importance of fostering an ecosystem that is conducive… Read More

February 19, 2016 @ 4:18 pm By Samantha Hurst  |  

Gust, a global service provider powering the entrepreneurial ecosystem, has acquired Fundacity, which is considered one of the world’s most popular platforms powering startup accelerator programs. Fundacity reportedly supports over 100 accelerator programs serving users in 156 countries with a flexible solution for application creation, management, and cohort… Read More

February 19, 2016 @ 10:47 am By JD Alois  |  

Orchard has updated their Lendscape infographic once again.  As the online lending ecosystem has matured, Orchard has periodically created a visualization depicting the intertwining relationships from investor to borrower.  Orchard is uniquely positioned as they channel much of the capital flowing between big money and… Read More

February 18, 2016 @ 4:00 pm By Samantha Hurst  |  

F50, a venture capital startup announced this week it has launched the beta version of its co-investment platform and has successfully begun syndication. The firm has reportedly secured commitments to invest over $1 million in Knightscope’s Series B round of funding, a company that has… Read More

February 18, 2016 @ 12:45 pm By Samantha Hurst  |  

Victory Park Capital (VPC), an investment firm focused on private middle-market debt and equity investments, announced on Tuesday former Goldman Sachs managing director, Upacala Mapatuna, has joined as chief investment officer. Upacala will reportedly bring more than 20 years of financial industry experience and over 15 years of investing experience to VPC. Richard Levy, CEO and founder of VPC commented:  “We… Read More

February 18, 2016 @ 8:26 am By JD Alois  |  

Orchard platform, the company at the epicenter of marketplace lending, has published a thought-provoking missive that makes one wonder about the state of the economy.  David Snitkof, co-founder and data guru at Orchard, states that after only 6 weeks in – 2016 is a very… Read More

February 18, 2016 @ 7:03 am By Erin Hobey  |  

Twelve Canadian startups have been selected from across the country to pitch to investors like OMERS, Whitecap Venture Partners, YEDI, Extreme Venture Partners, DMZ at Ryerson University at the 2016 Canadian Crowdfunding Summit. This year’s theme is “The Future is NOW.” With the newly released equity crowdfunding regulations in Canada and… Read More

February 18, 2016 @ 6:42 am By Erin Hobey  |  

Invesdor officially initiated its operations in Norway with a Norwegian-based equity offering, insurance sector software platform Cloud Insurance. The launch will officially be announced and the crowdfunding round will open at the TechLive! Financial Disruption event in Oslo today. “Until now, Norwegian companies have had no way to raise funds in… Read More

February 18, 2016 @ 6:14 am By Erin Hobey  |  

Racefields, an FCA authorized corporate finance house, today launched the Racefields Research Service, which will investigate businesses looking to raise finance on P2P and crowdfunding platforms. The independent service will provide over one hundred in-depth reports on individual businesses every year, which subscribers can access… Read More

February 18, 2016 @ 5:40 am By Erin Hobey  |  

Coinprism, which last year released the blockchain platform Openchain, is joining the Accenture Fintech Innovation Lab, reported IBT. Accenture and a panel of banks in charge of selecting promising FinTech startups recognised the potential of Openchain and selected Coinprism to be amongst the six companies to join… Read More

February 17, 2016 @ 8:30 am By JD Alois  |  

  Multiple Fintech companies are on the list of Fast Company’s Most Innovative Companies for 2016. OurCrowd, one of the largest investment crowdfunding platforms in the world, was recognized at number 7 for Israel. Affirm, founded by PayPal founder Max Levchin, came in second place… Read More

February 16, 2016 @ 7:09 pm By JD Alois  |  

    The University of Cambridge Centre for Alternative Finance and Nesta have released their much-anticipated report on alternative forms of finance tracking results for 2015. The research was completed in partnership with KPMG and with the support of CME Group Foundation. Entitled”Pushing Boundaries”, the… Read More

February 16, 2016 @ 4:00 pm By Samantha Hurst  |  

Indiegogo’s Slava Rubin has been announced as a speaker at Informa-sponsored Internet of Things World 2016. Internet of Things World is considered the world’s largest and most comprehensive IoT event. Over 10,000 attendees, 300+ industry though leaders and 150+ exhibitors are present during the event: “With… Read More

February 16, 2016 @ 3:15 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has published an investor bulletin on Reg CF or retail crowdfunding. This is the portion of the JOBS Act that allows anyone to invest in securities online, not just accredited investors. The new exemption is different from Reg A+,… Read More