General News

December 17, 2015 @ 2:14 pm By Samantha Hurst  |  

Offering some last minute holiday ideas for its platform’s users, UK-based Seedrs unveiled its 2015 holiday gift guide. The website stated: “Still looking for the perfect gifts for your loved-ones this holiday season? Looking for yummy goodies to stock up on for your family and… Read More

December 17, 2015 @ 1:52 pm By Erin Hobey  |  

Nav, a platform offering  free source for both personal and business credit scores, announced its inclusion to Forbes’ inaugural Fintech 50 list, which honors the most innovative financial technology companies “destined to have a big impact on your financial future.” Other companies recognized in this exclusive list include: FinTech Sandbox, Credit Karma,… Read More

December 17, 2015 @ 1:27 pm By Samantha Hurst  |  

On Thursday, Queensland-based Auswide Bank announced it has offered $60 million in funding to peer-to-peer lender, MoneyPlace. MoneyPlace, which was launched in October, provides loans of $5000 to $35,000 through its P2P platform. The new partnership between Auswide and MoneyPlace will have a 5-year deal to fund up… Read More

December 17, 2015 @ 1:20 pm By Erin Hobey  |  

To help minority-owned small businesses navigate the evolving lending landscape and secure the right financing they need to grow, Funding Circle, a leading marketplace for business financing, has partnered with the Minority Business Development Agency (MBDA), a bureau of the U.S. Department of Commerce. This news… Read More

December 17, 2015 @ 12:42 pm By Samantha Hurst  |  

BondMason, an online savings and investments platform that sources investments from across the peer-to-peer (P2P) market for its clients, announced on Thursday that in its latest report that P2P lending has doubled to £2.3bn in 2015 The company revealed that P2P platforms are fast becoming the popular… Read More

December 17, 2015 @ 11:08 am By Samantha Hurst  |  

SoFi, a marketplace lender for financially responsible consumers, announced on Thursday it has surpassed $6 billion in funded loans across mortgages, personal loans, and student loan refinancing. Founded in the Fall of 2011, SoFi is the first marketplace lender to have reached Founded in the Fall… Read More

December 17, 2015 @ 10:35 am By JD Alois  |  

Overstock, a publicly traded company managed by maverick CEO Patrick Byrne, has received SEC approval to regarding a plan to issues shares using Bitcoin Blockchain.  According to a filing with the SEC, the use of the “technology and distributed ledger technology by the Pro Securities… Read More

December 17, 2015 @ 10:31 am By Samantha Hurst  |  

On Thursday, Chinese fintech marketplace, Jimubox, announced the launch of an intelligent advisory platform; a multi-asset class, multi-product type online wealth management platform that will uniquely serve the next generation of Chinese investors. Over the last two years, Jimubox revealed that over the last two… Read More

December 17, 2015 @ 10:11 am By Samantha Hurst  |  

FinTech Sandbox, a nonprofit that helps FinTech startups access data and build great products, announced on Thursday that seven of its community members were recently named to the prestigious Forbes FinTech 50 list for 2015. The winners include four Sandbox residents who rely on critical… Read More

December 16, 2015 @ 3:39 pm By Samantha Hurst  |  

On Wednesday, Fitch Ratings reported that the growth and success of shadow banks will begin to slow down in 2016 as regulators step up scrutiny of the sector and banks weigh competitive responses. The website revealed that shadow banks are increasingly likely to become victims… Read More

December 16, 2015 @ 2:42 pm By JD Alois  |  

As most Fed followers expected, the FOMC decided to increase interest rates nudging up rates by 25 basis points. The last time the Fed raised rates was almost 10 years ago. The back and forth chatter regarding when the Fed would act has been a… Read More

December 16, 2015 @ 1:31 pm By Samantha Hurst  |  

Seeking to help startups with their crowdfunding campaigns, Seedrs unveiled some tips on how to create the perfect pitch video. On Wednesday, the UK-based equity crowdfunding platform revealed in a blog post: “When embarking on an equity crowdfunding campaign, there are a number of different… Read More

December 16, 2015 @ 12:45 pm By Samantha Hurst  |  

Setting out to end 2015 on the highest note possible, Crowdcube announced it was named one of the UK’s fastest growing and most disruptive tech companies by Future Fifty. The equity crowdfunding platform shared in a blog post: “We’re incredibly proud to announce that we’re now… Read More

December 16, 2015 @ 10:28 am By Samantha Hurst  |  

Reportlinker, a market research solution company, announced on Wednesday its new research on cryptocurrency, Bitcoin. The company shared: “Bitcoin is the first successful digital currency. Its success lies in its ability to create consensus for a transaction database, a blockchain, between a large number of… Read More

December 16, 2015 @ 10:25 am By Georgia Quinn  |  

The marketplace lending industry has been above the fold lately, in particular the online platforms, borrowers and investors, but it is important to remember that the MPL ecosystem is made up of many other players. If you need evidence of this, just check out the… Read More

December 16, 2015 @ 9:43 am By JD Alois  |  

The most recent HALO report shows a significant jump in seed stage valuations. According to the report, median Angel round sizes jumped 45% from Q2 to Q3 2015. Median valuations stand at $4 million – 33% over 2014 and the  highest ever. Software is topping… Read More

December 16, 2015 @ 9:28 am By JD Alois  |  

In a report shared by Hub21, the authors analysed the global ecosystem of early stage companies, specifically the digital economy, and then dig into the Italian market. Nations around the world are seeking to foster an innovation economy driven by small companies with creative concepts…. Read More

December 15, 2015 @ 3:05 pm By Samantha Hurst  |  

Opening up about his experience with Indiegogo, RE-volv founder Andreas Karelas revealed how the global crowdfunding platform helped get the nonprofit organization, which finances community-based solar energy projects with a revolving fund, off the ground. Karelas first started brainstorming for RE-volv when he was laid… Read More

December 15, 2015 @ 2:00 pm By Samantha Hurst  |  

On Tuesday, Kickstarter announced that some of its crowdfunding film projects have made the 2016 Sundance Film Festival list. The event is set to be held in Park City, Utah on January 21-31. The crowdfunding platform declared in a blog post: “Over the past couple… Read More

December 15, 2015 @ 1:24 pm By Erin Hobey  |  

The Small Business Finance Association (SFBA) announced today the hiring of Stephen Denis as its executive director. Denis was formerly the Deputy Staff Director of the House Committee on Small Business and brings over 12 years of public policy experience to the SBFA. “The innovative companies… Read More