General News

December 3, 2015 @ 10:25 am By Erin Hobey  |  

Tandem has been granted authorization from the Bank of England and will be regulated by Financial Conduct Authority and the Prudential Regulation Authority, blogged co-founder Ricky Knox. Tandem aims to be the most helpful, not the most painful, bank for its customers. “This is very… Read More

December 3, 2015 @ 10:09 am By Samantha Hurst  |  

Mambu, the SaaS banking platform provider, announced on Thursday that RenMoney, a Nigeria-based consumer finance company, has selected the company as its core banking solution.  Following a rapid evaluation process, RenMoney looked to Mambu for its speed of implementation, cost-effectiveness and the flexibility of its… Read More

December 3, 2015 @ 10:01 am By Samantha Hurst  |  

The Zacks Group announced this week the launch of ZacksInvest.com, an equity crowdfunding platform that provides investors with access to select privately held, early and mid-stage companies seeking growth capital. This new website launches just a couple of months after the SEC approve of Title… Read More

December 3, 2015 @ 7:21 am By Erin Hobey  |  

After much anticipation from key crowdfunding leaders, including Jon Medved, today marked the landmark occasion for small businesses throughout Australia, according to Crowd Funding Institute of Australia. With support from a burgeoning crowdfunding industry, the first steps have been taken to introduce legislative changes that tackle… Read More

December 3, 2015 @ 1:46 am By Midori Yoshimura  |  

Crowd2Fund has developed one of the first crowdfunding coins, “Smart Money,” exclusively for members of the Crowd2Fund Investor Club, according to the company’s press release. It entitles members to receive a coin about the size of a £2 piece which has an RFID (radio frequency identifier) chip… Read More

December 2, 2015 @ 4:15 pm By Samantha Hurst  |  

On Tuesday, the CrowdRise Giving Tower for #GivingTuesday raised $3.8 million for over 1,000 charities. The virtual reality Giving Tower, which kicks off the crowdfunding platform’s annual charity Holiday Challenge, grew brick by brick throughout the course of the day, powered by donations, to 4,369… Read More

December 2, 2015 @ 2:50 pm By Samantha Hurst  |  

Crowd Valley Inc, creator of the digital back office to power online investing and lending marketplaces and thecitysecret, developers with experience providing innovative solutions to top tier financial institutions, announced this week that they have started to work together in the Certified Partner Program to bring institutional… Read More

December 2, 2015 @ 2:30 pm By Samantha Hurst  |  

On Wednesday, Indiegogo co-founder and CEO Slava Rubin took to Product Hunt to chat with fans of the crowdfunding platform. Rubin shared: “My job is awesome because I get to empower people from all over the world to make the ideas they care about a… Read More

December 2, 2015 @ 2:12 pm By Samantha Hurst  |  

On Wednesday, Fundimmo announced its new real estate crowdfunding platform that is exclusively reserved for the French property investment. This new site is regulated by the Financial Markets Authority (AMF) and is registered as Investment Advisor Participatory (CIP) with ORIAS. Fundimmo allows individuals to invest from 500… Read More

December 2, 2015 @ 1:49 pm By Erin Hobey  |  

Japanese e-commerce giant Rakuten (TOKYO:4755) officially initiated a new $100 million fintech investment fund, according to a release.  The Rakuten FinTech Fund, a new US$100 million global investment fund focuses on investments in disruptive early to mid-stage fintech startups aims to offer attractive return potential with strategic relevance…. Read More

December 2, 2015 @ 12:48 pm By Erin Hobey  |  

KeyBank announced a non-equity partnership with Aptexx, a California-based provider of payment and property management software, reported Crain‘s Jeremy Noble. The collaboration continues the Cleveland-based bank’s foray into fintech, initiated by September’s strategic partnership and minority investment in AvidXchange and another partnership with InstaMed.  With much debate in the fintech industry… Read More

December 2, 2015 @ 12:17 pm By Erin Hobey  |  

Percolating since summer, when the Malta Business Bureau and the University of Malta signed a agreement to develop a crowdfunding platform to finance local business ideas and projects, the venture announced the launch of its first crowdfunding platform, ZAAR. Spearheaded by the Foundation for the Promotion of Entrepreneurial Initiatives, a joint venture… Read More

December 2, 2015 @ 10:09 am By Samantha Hurst  |  

AltFi, a media outlet for alternative finance, announced this week details about the inaugural AltFi Australasian Summit 2016 in Sydney, which is set to be held next February 29th in Sydney. This event will provide attendees with a deep dive into the inner workings of… Read More

December 2, 2015 @ 12:21 am By JD Alois  |  

The king of banks, JP Morgan Chase, has decided to partner with a so-far unnamed peer to peer / marketplace lending platform as it seeks to adapt to the fast changing sector of online finance.  CEO Jamie Dimon, speaking on a panel at a US… Read More

December 1, 2015 @ 4:20 pm By Samantha Hurst  |  

Last month, online real estate investment marketplace, EQUITYMULTIPLE, announced its entrance into the debt space by offering investors the ability to participate in a predevelopment bridge loan secured by a development site in San Francisco, California. EQUITYMULTIPLE, which is offering investors an annual return of nine… Read More

December 1, 2015 @ 4:04 pm By Samantha Hurst  |  

BillGuard, a personal finance analytics application and a subsidiary of Prosper Marketplace, on Tuesday announced significant updates to its pricing plans. The website is now offering several features of its money monitoring mobile application for free, enabling consumers to better control and protect their finances… Read More

December 1, 2015 @ 3:37 pm By Samantha Hurst  |  

Inkshares, a start-up crowdfunded book publisher, announced after running an initial publishing contest in the spring of 2015 with Sword and Laser, an award-winning science fiction and fantasy-themed book club, video show, and podcast, the website will be running a sequel contest with Sword & Laser to… Read More

December 1, 2015 @ 2:22 pm By Samantha Hurst  |  

On Tuesday, Chicago-based real estate crowdfunding platform PeerRealty announced it has successfully crowdfunded two separate senior housing investment opportunities. The website’s user base of accredited investors used the online crowdfunding platform to help fund the Village Pointe Commons senior housing development project in Grafton, Wisconsin,… Read More

December 1, 2015 @ 1:11 pm By Erin Hobey  |  

Five years ago, fintech trailblazer Peter Renton launched Social Lending Network which rebranded to Lend Academy in 2012. On his blog Renton reflects on industry changes during the half-decade. “Back in November 2010, Lending Club had issued less than $200 million in total loans and was focused primarily on retail… Read More

December 1, 2015 @ 12:48 pm By Erin Hobey  |  

P2P lender Funding Circle‘s peer-to-peer trust raised £150M in London Stock Exchange listing yesterday, reported The Telegraph’s Rebecca Burn-Callander.  The Funding Circle SME Income fund allows the company’s pool of investors to buy shares in the vehicle, which then allocates loans to a portfolio of small businesses,… Read More