May 22, 2017 @ 11:02 pm By JD Alois  |  

UK crowdfunding platform Crowdcube has announced a new partnership with fast-growing shared workspace company WeWork.  The new partnership will help boost Crowdcube’s European expansion goals.  Crowdcube will be opening offices in both Paris and Amsterdam within the next two months and will continue to roll… Read More

Read more in: Crowdfunding Portals, Global  |  Tagged benjamin samuels, crowdcube, uk, united kingdom, wework

May 22, 2017 @ 2:26 pm By JD Alois  |  

The UK has led the European continent in economic growth and Fintech innovation. This welcomed phenomenon is due, in part, to a culture of entrepreneurism and a supportive government. One important catalyst in the growth equation are the tax incentives available to early and mid-stage… Read More

Read more in: Global, Opinion, Politics  |  Tagged conservative manifesto, eis, eis association, enterprise investment scheme, mark brownridge, seed investment enterprise scheme, seis

May 22, 2017 @ 11:33 am By JD Alois  |  

Full stack crowdfunding platform FlashFunders has been sold to Boustead & Co. While no official announcement has been made, social media profiles are being updated to reflect the transaction. Co-founded by Vincent Bradley and Brian Park, FlashFunders was one of the first Regulation Crowdfunding portals… Read More

Read more in: Crowdfunding Portals, Global  |  Tagged boustead, flashfunders, regulation cf, uk, united kingdom

May 22, 2017 @ 9:57 am By Erin Hobey  |  

Dubai’s pioneering government-backed initiative to implement blockchain technology across the city is now into its third month, and the pilot schemes continue to roll out. The move aims  to secure the city’s reputation as a leading Middle Eastern business center. This month Dubai’s largest bank, Emirates… Read More

Read more in: Blockchain & Digital Currency, Fintech, General News, Global, Politics  |  Tagged aisha bin bishr, ali sajwani, dubai, emirates nbd, hyperledger, middle east, public blockchain, smart dubai, uae

May 22, 2017 @ 9:15 am By Erin Hobey  |  

Linked Finance, an Irish P2P lending platform, has received full authorization by the UK Financial Conduct Authority which will enable the platform to actuate growth into the UK market, according to multiple Irish news sources. In late April, the Ireland government announced a Public Consultation on the Regulation… Read More

Read more in: Fintech, General News, Global, Politics  |  Tagged fca, ireland, niall dorrian, regulation of crowdfunding, uk

May 22, 2017 @ 8:39 am By Erin Hobey  |  

WiseAlpha, a UK online lending platform that gives everyday investors access to high yield institutional bond and loan investments, has raised over £627,000 on its Crowdcube return in just 7 days, coming in at 125% over its original target. More than 433 investors have invested in return… Read More

Read more in: Crowdfunding Portals, Fintech, General News, Global, Offerings  |  Tagged online lending, rezaah ahmad, uk, wisealpha

May 22, 2017 @ 8:01 am By JD Alois  |  

Peer to peer lender Kufflink is out with a report that UK investors are turning to property investment in response to Brexit uncertainty and the forthcoming snap election.  Kufflink is a relatively young P2P lender in the property sector so any shift in property investment… Read More

Read more in: Crowdfunding Portals, Global, Real Estate  |  Tagged kufflink, p2p, peer to peer, tarlochan garcha, uk, united kingdom

May 22, 2017 @ 7:46 am By JD Alois  |  

LATTICE80, Singapore-based Fintech hub owned and operated by private investment firm Marvelstone Group, has signed a memorandum of understanding (MOU) with Nanyang Polytechnic (NYP) to offer a Fintech experience program for year 1 and 2 students. NYP students that qualify can may up to be… Read More

Read more in: Asia, Fintech, Global  |  Tagged lattice80, loh chuu yi, marvelstone group, nanyang polytechnic, nyp, singapore

May 22, 2017 @ 6:31 am By Erin Hobey  |  

Singapore-based blockchain service provider VeChain S.E.A, a subsidiary of the leading blockchain technology company in China, BitSE, is proud to announce it will join PwC’s incubation program. PwC and BitSE held a signing ceremony on Monday in Hong Kong with Raymund Chao, PwC Greater China Chairman,… Read More

Read more in: Asia, Blockchain & Digital Currency, Fintech, General News, Global  |  Tagged baas, bitse, blockchain, dj qian, oon jin, raymond chao, singapore, vechain

May 22, 2017 @ 6:16 am By Erin Hobey  |  

Peer-to-peer lending platform RateSetter has appointed Joanna Wright as Chief Risk Officer. Wright joins RateSetter from GE Capital where she was Chief Risk Officer for GE Capital Bank in the UK, leading a team of over 200 risk professionals with responsibility for prudential and enterprise risks… Read More

Read more in: Fintech, General News, Global  |  Tagged ge capital, joanna wright, p2p lending, rhydian lewis, uk

May 21, 2017 @ 5:58 pm By JD Alois  |  

The SoftBank Vision Fund announced its first major close yesterday with over U.S. $93 billion of committed capital. In addition to SoftBank Group Corp (SBG) and the Public Investment Fund of the Kingdom of Saudi Arabia as previously announced, investors also include the Mubadala Investment… Read More

Read more in: Asia, Fintech, Global  |  Tagged sofi, softbank, softbank vision fund

May 21, 2017 @ 1:55 pm By Xu Gao  |  

Financial Technology Becomes a New Spotlight of the Belt and Road Initiative Belt and Road Forum for International Cooperation, also known as the Belt and Road Initiative, was held in Beijing on May 14-15. President Xi Jinping highlighted the role that financial technology has played… Read More

Read more in: Asia, Featured Headlines, Fintech, Global  |  Tagged alibaba, ant financial, belt and road initiative, cbrc, china, china banking regulatory commission, christine lagarde, donald trump, happigo, kakao, paytm, peoples bank of china, weiyangx, xi jinping, xu gao

May 20, 2017 @ 3:45 pm By JD Alois  |  

Qupital, an online invoice discounting exchange, has received $2 million in seed funding led by Alibaba Entrepreneurs Fund and MindWorks Ventures. Several other VCs participated including DRL Capital and Aria Group. Alibaba Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015 to help… Read More

Read more in: Asia, Fintech, Global  |  Tagged alibaba entrepreneurs fund, andy chan, hong kong, invoice, mindworks ventures, qupital, winston wong

May 20, 2017 @ 10:04 am By JD Alois  |  

Starta Accelerator, an early-stage investor and business incubator, announced it is holding a “crowdsale” to secure funding to help start-up tech companies expand into the US. Starta Accelerator is based in New York City and is an offshoot of Starta VC based in Moscow. The… Read More

Read more in: Blockchain & Digital Currency, Global, Offerings  |  Tagged cross coin, ico, initial coin offering, russia, starta, starta accelerator, starta vc, waves platform

May 20, 2017 @ 9:36 am By Jonathan Nieh  |  

According to TechinAsia, StashAway, a Fintech startup based in Singapore focused on providing wealth management, announced it had secured US $2.15 million in funding for its Series A round. StashAway is a software solution for individual investors to manage their investment portfolio. StashAway claims to… Read More

Read more in: Asia, Fintech, Global, Offerings  |  Tagged francis rozario, freddy lim, michele ferrario, robo-advisors, singapore, stashaway

May 19, 2017 @ 3:15 pm By Therese Torris  |  

Twino, one of the leading Baltic lending marketplace, has produced in conjunction with KPMG Baltics a report called Alternative Lending Index which assesses the potential of alternative finance in 23 European countries based on a set of economic credit data. While the report does not… Read More

Read more in: Featured Headlines, Fintech, Global, Strategy  |  Tagged alternative lending index, bondor, bondora, crowdestate, dofinance, estateguru, finbee, funding circle, investly, kpmg, kpmg baltics, lendix, lendy, lenndy, marketplace, mintos, savy, swaper, therese torris, twino, viainvest, viventor, younited credit

May 19, 2017 @ 12:21 pm By JD Alois  |  

futureshare, an alternative finance platform, launched this week offering a service for Canadian homeowners to unlock equity in their homes. Unlike traditional Home Equity Lines of Credit (HELOCs), futureshare will provide immediate cash in return for a percentage of a home’s appreciation in value. futureshare’s online… Read More

Read more in: Canada, Fintech, Global  |  Tagged futureshare, michael orrbrooke

May 19, 2017 @ 11:59 am By JD Alois  |  

Citi (NYSE: C) has announced award recipients for their Tech for Integrity Challenge (T4I) Demo day which took place in Dublin yesterday. According to Citi, Fintech developers from eight different countries participated to present working prototypes of their Fintech applications. The award recipients from the… Read More

Read more in: Fintech, Global  |  Tagged aid:tech, citi, ireland, paycode, pole star, t4i, zdenek turek

May 19, 2017 @ 8:09 am By JD Alois  |  

Peer to peer lender Assetz Capital has surpassed £250 million in lending for UK businesses. The platform has accomplished this milestone in the four years since its launch in 2013. The company reports that approximately 20,000 registered lenders have earned over £21 million in interest… Read More

Read more in: Crowdfunding Portals, Global  |  Tagged assetz capital, p2p, peer to peer, stuart law, uk, united kingdom

May 19, 2017 @ 7:28 am By Erin Hobey  |  

Mobile payment platform Verse closed a $20.5 million Series B round of funding led by Spark Capital, according to multiple news sources. eVentures and Greycroft Partners also participated in the round whose funds will be added to the $8.3M in Series A funding secured last October. The Barcelona/ San Francisco-… Read More

Read more in: Fintech, General News, Global  |  Tagged alex finkelstein, alex lopera, borja rossell, dario nieuwenhuis, europe, eventures, greycroft partners, mobile payment, spark capital