Lending Works Announces Increase of Five-Year Lender Rate

On Wednesday, Lending Works announced as of Monday, it five-year lender rate has increased to 5.5%, which is considered the highest level it has reached since August 2016. The company revealed that the reason for the rate increase is due to the fact that it has… Read More

LendInvest Appoints Ex-Aldermore Bank Head of Commercial Mortgages Ian Boden As New Sales Director

LendInvest announced on Thursday it has appointed former Aldermore Bank Head of Commercial Mortgages, Ian Boden, as its new Sales Director. According to the online lender, Boden joins its team with more than 35 years of experience in financial services, buy-to-let, and commercial mortgages.  Prior… Read More

OpenLedger & MVP Asia Pacific Team Up With Universities to Offer Accredited Blockchain Innovation Program

On Wednesday, Denmark-based blockchain company OpenLedger announced it has teamed up with MVP Asia Pacific to launch a new blockchain program, OpenLedger MVP Blockchain Innovation. The program is offered to universities worldwide and will have accredited blockchain-based courses and program. The companies explained: “Since cryptocurrencies such… Read More

UK – Hong Kong Love In: UK Government to Host Best of British Innovation in HK

Fintech Bridge is Topic of Focus The UK government will host a “GREAT Festival of Innovation” in Hong Kong to showcase UK innovation and technology to the world. The announcement was shared by International Trade Secretary Dr Liam Fox today. Total bilateral trade between the UK… Read More

Salma Hayek Donates $100,000 Through Mexico Earthquake Relief Initiative on Crowdrise

On Wednesday, actress, producer, and humanitarian Salma Hayek launched a crowdfunding campaign on CrowdRise dedicated to her native country Mexico after the devastating earthquakes. Hayek also donated $100,000 to the campaign. The Central Mexico 7.1 magnitude earthquake occurred on Tuesday and has reportedly killed more than 200 people and is considered the most devastating earthquake since the 1985… Read More

CCAF Asia-Pacific Report Shows Dramatic Rise for Alternative Finance in Australia

China is the biggest kid on the block when it comes to the emerging alternative finance market in the Asia Pacific region. In fact, China has the largest alternative finance market in the world driven by a fast growing economy, a highly connected population via… Read More

Reserve Bank of India Set to Classify Peer-to-Peer Lending Platforms As Non-Banking Financial Institutions

Reserve Bank of India recently announced it will be classifying peer-to-peer lending platforms as non-banking financial institutions. According to Economic Times, Sudarshan Sen, executive director of RBI, announced that the regulator is currently waiting for the gazette notifications from the central government for the final… Read More

Insurtech: FCA & Hong Kong Insurance Authority to Cooperate on Fintech

The Financial Conduct Authority (FCA) has entered into a co-operation agreement with the Hong Kong Insurance Authority (IA) designed to enhance collaboration in supporting Fintech innovation.  The FCA explains the agreement includes information sharing and mutual referrals of Fintech firms looking to enter into either… Read More

Crowdcube Alum Sugru Announces New Family-Safe Glue

On Thursday, Crowdcube alum and moldable glue company Sugru announced the launch of its new family-safe, skin-friendly formula. The brand claimed that the new product is expected to double its pretense in retail by the end of next year. According to Sugru, more than 6,000 retail… Read More

Debt Trading Platform Racefields Credit Exchange Wants to Become PayPal of Loan Bridging

A new online platform, the Racefields Credit Exchange (RCX), has launched this week with the goal of becoming the PayPal of the loan bridging industry in a market they believe is underserved. The  RCX platform is said to be the first of its kind in… Read More


We All Get Hacked: SEC Chair Clayton Comments on 2016 Intrusion into EDGAR

SEC Chairman Jay Clayton issued a statement today tackling the importance of cybersecurity and detailing the agency’s approach to cybersecurity as an organization and as a regulatory body. The pronouncement comes at a time following the revelation of the massive Equifax hack that has put… Read More

ASIC Releases Guidance on Crowdfunding in Australia which Commences on September 29th

The Australian Securities and Investments Commission (ASIC) has just released guidance for public companies and crowdfunding platform operators to support them in using the new “crowd-sourced funding (CSF)” regime. The updated rules kick off on 29 September 2017. While rules only apply to public companies,… Read More

Reg A+ Impact Housing REIT is Qualified by SEC. Seeks $35 million

Impact Housing REIT, LLC (ImpactHousing.com), an apartment real estate investment trust has announced its Reg A+ offering to raise up to $35 million has been qualified by the SEC. Backed by crowdfunding platform CrowdStreet‘s technology, the offer is now open to investors – both accredited… Read More

Overfunding: Health Tech Company Ultramed Quickly Secures £100,000 on Crowdcube

Ultramed, a UK-based health tech company, quickly secured its initial £100,000 funding target just days after launching its equity crowdfunding campaign on Crowdcube. The initiative is now nearing £175,000 from more than 260 investors. Ultramed describes itself as a health tech company that operates a suite of cloud-based pre-operative… Read More

PledgeMusic Expands: Appoints Kevin Kiernan & Nate Baker to New York Team

Earlier this month, PledgeMusic announced it has appointed Kevin Kiernan as Head of Artist Solution and Nate Baker as Artist and Label Relations Manager. According to the crowdfunding platform for music, both Kieran and Baker are seasoned music industry professionals that will be instrumental in… Read More

Hyundai Capital America Forms New Partnership With AutoGravity

Hyundai Capital America announced on Wednesday it has joined the AutoGravity car shopping and financing platform. Beginning in the state of California, financing through Hyundai Capital America will now be accessible to AutoGravity’s users searching for financing for a Hyundai, Kia or Genesis. Ross Williams, President and CEO… Read More

Arcimoto Raises $20 Million in Reg A+ Crowdfunding Offer, Will Trade on NASDAQ Under Symbol FUV

Arcimoto says it raised almost $20 million in a Reg A+ crowdfunding round that closed on September 15th on WRHambrecht. Arcimoto said the company was shooting for $10 million but “landed almost double that”.  Arcimoto added that it will trade on NASDAQ under ticker symbol… Read More

LendingPoint Completes $500 Million Credit Facility

LendingPoint announced it closed an up to $500 million credit facility arranged by Guggenheim Securities. The company reported it took down $138.5 million of the facility at the closing and on September 15th and it took down an additional $32.7 million.  According to LendingPoint, the… Read More

LendingTree Announces Acquisition of SnapCap’s Non-Lending Assets

LendingTree, Inc. (NASDAQ: TREE) announced on Tuesday it has acquired certain assets of Snap Capital LLC, a tech-enabled online platform connecting business owners with lenders offering small business loans, lines of credit and merchant cash advance products through a concierge-based sales approach. While sharing details about the… Read More

European Deposit Marketplace Raisin Acquires PBF Solution in UK Expansion

  Raisin GmbH is growing rapidly and today the “European Deposit Marketplace” is moving into the UK with the acquisition of PBF Solutions. The company’s intent is to give UK savers a better choice for saving their money with their Fintech platform. Raisin GmbH has… Read More