General News

September 14, 2015 @ 10:21 am By JD Alois  |  

It may be Fashion Week in New York City, but it is FinTech Week in London.  Fashion Week claims an origin from way back in 1943. FinTech Week is a bit younger having been launched just last year and perhaps a bit more important. Created… Read More

September 14, 2015 @ 8:19 am By Samantha Hurst  |  

The Autism Society, an organization celebrating 50 years of improving the lives of all those affected by autism through education, advocacy, research and support, selected crowdfunding platform Kimbia to help maximize the success of The Big Give for Autism, its first-ever giving day event to… Read More

September 14, 2015 @ 7:42 am By Samantha Hurst  |  

PeerIQ, a financial information services company that connects peer-to-peer (“P2P”) lending to the capital markets by helping institutional investors analyze, access and manage risk, today announced that it raised $2.5 million in a seed-extension round. Participants in the round include new investor and customer Victory… Read More

September 13, 2015 @ 3:13 pm By JD Alois  |  

Data analysis company AlliedCrowds has published an updated report on the growing sector of crowdfunding and developing nations. The most current data indicates that developing countries raised over $30 million during the month of August. Some of the “key” findings include: Brazil led the developing… Read More

September 13, 2015 @ 2:44 pm By JD Alois  |  

Finance Magnates is preparing for its 4th consecutive London Summit to be held in early November.  The event organizers state that over 1500 FinTech and FX executives will convene to discuss the financial industry and the fast pace of change with the advent of internet… Read More

September 12, 2015 @ 12:16 pm By JD Alois  |  

The UK’s Innovate Finance has partnered-up with Hartree Centre to create the FinTech Blockchain lab.  Hartree Centre is a “high performance” computing and data analytics research facility which was founded by the UK government.  Innovate Finance is a not for profit group that was created… Read More

September 12, 2015 @ 9:53 am By Samantha Hurst  |  

Earlier this week, New Zealand crowdfunding platform PledgeMe announced that it has hired Mikey Clarke as its new “Tech Wrangler.” The PledgeMe crew shared: “Mikey is a developer extraordinaire who joins us from working for Globa.li, a hotel booking data aggregation app, where he was the… Read More

September 11, 2015 @ 10:42 am By Samantha Hurst  |  

SoFi, the second largest marketplace lender, today announced Arthur Levitt, the longest-serving chairman of the US Securities and Exchange Commission (SEC), will become an advisor.  Levitt served at the SEC from 1993 to 2001. The firm also announced it has surpassed $4 billion in funded… Read More

September 11, 2015 @ 9:37 am By Georgia Quinn  |  

Despite a hot and rainy New York City morning, there was a great turn-out at LendTech Angels’ first LendLab event.  Hosted by Kiran Lingam, managing director of LendTech Angels, the event gave aspiring marketplace lending startups an education in the regulatory landscape they are entering…. Read More

September 10, 2015 @ 4:31 pm By Samantha Hurst  |  

On Thursday,all-in-one data management software solution NonProfitEasy shared details about the acquisition of crowdfunding platform, Fundly. NonProfitEasy stated in a press release that it and Fundly are setting out to redefine the industry, delivering an innovative and easy-to-use platform to thousands of individuals and organizations. By integrating with… Read More

September 10, 2015 @ 3:13 pm By Samantha Hurst  |  

On Thursday, Airtame’s co-founder and CEO Jonas Gyalokay revealed to Indiegogo backers and campaign organizers tips and tricks to running not only a successful crowdfunding initiative, but also how to raise a million dollars using the funding method, Gyalokay wrote in a Indiegogo Blog’s guest post: “Crowdfunding… Read More

September 10, 2015 @ 2:31 pm By Samantha Hurst  |  

InvestX Capital Ltd., developers of a cross border platform that give investors access to retail size allotments of private equity and venture capital backed companies alongside institutional investors, announced today that it has opened up its second round financing on the Waverley – Powered by… Read More

September 10, 2015 @ 1:29 pm By Erin Hobey  |  

After being diagnosed with several medical conditions, Epicured Market Founder and President Jillian Bowman discovered the challenge of eating well, finding the correct ingredients for delicious recipes and preparing meals.  She searched for recipes and meal plans for hours every day, then spent just as long… Read More

September 10, 2015 @ 12:02 pm By Erin Hobey  |  

“We believe in the power of blockchain technology to transform how financial assets are transferred, but it has to be done with the right partners to insure it gets off the ground,”  Adam Ludwin, CEO of Chain said in an interview with the WSJ. It feels like everything… Read More

September 10, 2015 @ 11:19 am By Samantha Hurst  |  

Honeyfund, a crowdfunding platform dedicated to honeymoons, has created a first-of-its-kind, one-stop wedding registry, featuring partnerships with national retailers including Pottery Barn, Macy’s and Target. The new feature displays retail registries alongside the honeymoon wish list, allowing wedding gift givers to choose from experience gifts or… Read More

September 10, 2015 @ 11:15 am By Erin Hobey  |  

The Biz2Credit Small Business Lending Index announced August’s findings: the Index dropped by 0.1 points for both large and small banks,  indicating that the SBA budget scare effected growth in loan demand. The monthly analysis of 1,000 loan applications from Biz2Credit.com also noted “that credit unions continued to… Read More

September 10, 2015 @ 9:52 am By Samantha Hurst  |  

On Thursday morning, Ooooby, and their crowd, have shown equity crowdfunding can be about more than financial returns when the social enterprise hit their minimum target of $200,000. Last month, the New Zealand-based local food delivery service took to equity crowdfunding platform, PledgeMe, to raise $800,000 for expansion. Founder… Read More

September 10, 2015 @ 9:44 am By Samantha Hurst  |  

On Thursday, new lending marketplace, Twino, announced that it has seen €500,000 euros invested in its first four months of operation. Head of Marketing at Twino, Ieva Ozoliņa-Bērziņa, declared: “Twino’s observations show that the Latvian population’s creditworthiness is stable, as also demonstrated by studies carried out by… Read More

September 10, 2015 @ 7:00 am By JD Alois  |  

Orchard platform, the company that has become the internet pipes to funnel institutional funds into marketplace lending platforms, has raised more money. This time Orchard has received $30 million in a Series B Funding round led by some big names in finance. Already recognized as… Read More

September 10, 2015 @ 6:30 am By Samantha Hurst  |  

Fundbox, a cash flow optimization tool for small businesses, announced today that it has underwritten its 15 millionth invoice while also completing its 7th consecutive quarter of at least 2x quarter-over-quarter revenue growth. The company also announced that it has raised an additional $50 million in… Read More