Tagged: 2018

Prosper Announces First Quarter of 2018 Results: Loan Originations Up 27% Year-over-Year & More Than $2 Billion of Co-Sponsored Securitizations Closed

Prosper, a peer-to-peer lending platform connecting borrowers and investors, reported earlier this week its financial results for the first quarter of 2018. The online lender revealed that loan originations increased 27% year-over-year to $744 million, driven by strong demand for the company’s personal loan product… Read More

FIS & The Venture Center Announces Ten Startups Selected For 2018 VC Fintech Accelerator Program

Fintech firm FIS, along with The Venture Center, announced on Thursday the ten startups that were selected for the 2018 Fintech Accelerator Program. The program, which is sponsored by FIS and the State of Arkansas, is focused on identifying and accelerating the development of early-stage fintech… Read More

LendIt Fintech Announces PitchIt Competition & Second Annual LendIt Industry Award Winners

LendIt Fintech, the world’s leading event in financial services innovation, announced on Wednesday the winners of its sixth annual PitchIt competition and 21 winners of its second annual LendIt Industry Awards.  global competition for fintech startups to attract funding, mentorship, endorsement, and exposure to institutions,… Read More

SoFi Issues Record $2.6 Billion in ABS Notes During the First Quarter of 2018

SoFi announced on Monday it completed $2.6 billion in loan securitizations in the first quarter of 2018, a 35% increase over the prior-year period and its largest-ever quarterly ABS issuance volume. According to SoFi, during the first quarter of 2018, the lender completed a total of… Read More

Bank Director & Promontory Interfinancial Network Announce Finalists For the 2018 Best of FinXTech Awards

On Tuesday, Bank Director and Promontory Interfinancial Network announced the finalists for the 2018 Best of FinXTech Awards, which is described as an event that recognizes institutions that exemplify how collaborative efforts can lead to innovative solutions and growth in the banking industry. The duo reported that the winners of the… Read More

Katipult Named Finalist For Most Promising Partnership Award at the Second Annual Lendit Fintech Industry Awards

Canadian fintech Katipult announced last week it has been nominated, alongside Polymath Inc., for the Most Promising Partnership Award at the second annual Lendit Fintech Industry awards in April. According to Katipult, the partnership will be competing against some of the world’s finance and fintech giants… Read More

Plug and Play Welcomes 111 Startups for 2018 First Batches

  On Thursday, Plug and Play announced it welcomed 111 startups into six of its accelerator programs. The programs will notably run from March through May and include Brand & Retail, Cybersecurity, Fintech, Food & Beverage, New Materials & Packaging, and Supply Chain & Logistics Plug and… Read More

​Innovate Finance Announces Finalists for 2018 FinTech Pitch360

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday the finalists for the 2018 FinTech Pitch 360 Competition, which is sponsored by Intel and hosted by Chris Denson of Innovation Crush. The event is set to take place on… Read More

Australia’s Entersoft Named Fintech Startup of the Year & Outstanding Application Security Solutions Provider at the 2018 Fintech Awards

Australia-based cybersecurity provider Entersoft announced on Thursday it was named Fintech Startup of the Year and Outstanding Application Security Solutions Provider at the 2018 Fintech Awards. Founded in 2013, Entersoft describes itself as an application security startup with a philosophy of Security By Design and DevSecOps…. Read More

SoFi Shares Details About 2017 Successes & 2018 Plans

On Tuesday, online lending platform SoFi announced details about its 2017 successes and plans for the new year. This announcement comes just after the lender named Anthony Noto as its new CEO and a director, effective March 1st. The 2017 milestone and accomplishments include: SoFi topped… Read More

Crowdcube Describes 2017 As “A Record-Breaking Year” During Annual Review

UK-based equity crowdfunding platform Crowdcube celebrated the new year by taking a look back on 2017’s accomplishments. The funding portal explained that it saw its most successful year ever in 2017, which included an “unprecedented” demand from entrepreneurs and investors producing “record-breaking” levels of investment…. Read More

RealtyShares Releases 2017 Year in Review (Infographic)

Real estate crowdfunding platform RealtyShares took a look back at 2017 with its Year-in-Review. While sharing details about the past twelve months the funding portal revealed: “Disruption in the commercial real estate industry hit a fever pitch in 2017. We saw a change in the tax code,… Read More

Monzo Announces New Year Plans: It’s Time to Look Ahead to 2018!

On Thursday, challenger bank Monzo announced its plans for the next twelve months. The company reported that in 2018 it wants to focus closely on making upgraded Monzo accounts better for its customers. Monzo revealed a list of items needed to be done and their… Read More

FIS & State of Arkansas Sponsored 2018 VC FinTech Accelerator Opens Applications

Fintech company FIS (NYSE: FIS), in collaboration with the state of Arkansas and Little Rock-based The Venture Center (VC), announced on Wednesday that applications are open for the 2018 VC FinTech Accelerator program. According to FIS, the VC FinTech Accelerator is heading into its third year and… Read More

SoFi’s Entrepreneur Program Welcomes 2018 Class

On Monday, online lending platform SoFi announced its 2018 class of SoFi Entrepreneurs. The lender revealed that the ten companies selected for the program stood out amongst the hundreds of applications it received by representing a “diverse set” of industries, backgrounds, and issues they’re trying… Read More

Proplend Looks Back on 2017 P2P Successes & Announces 2018 Plans

On Tuesday, online platform Proplend gave its 2017 peer-to-peer lending year in review. The lender listed the various accomplishments that the lending industry experienced in the past twelve months. The accomplishments are the following: The majority of platforms gained full Financial Conduct Authority (FCA) authorization Many… Read More

First Ever Nigerian Bobsled Team Raises $75,000 Through GoFundMe to go to the 2018 Winter Olympics

Nigeria officially has its first bobsled team, all thanks to the team’s crowdfunding campaign on GoFundMe. The team, which consists of female athletes Seun Adigun, Ngozi Onwumere, and Akuoma Omeoga, launched the initiative in January, seeking $75,000 so that they could get the 2018 Winter Olympic… Read More

Real Estate Fintech Firm Unison Announces 2018 Expansion Plans

On Monday, home ownership investment platform Unison announced 2018 expansion plans. As previously reported, Unison has created a new option for homeownership beyond the traditional mortgage route. By becoming a co-investor in the house, Unison is shouldering the risk side-by-side with the owner. They are betting that… Read More

Innovate Finance to Host Global Summit in London March 2018

Innovate Finance, the independent membership organization that represents the voice of Britain’s global fintech sector, is set to host its global summit in London on March 20th at the Guildhall. The event’s description reads: “Financial technology has evolved into a powerful global movement that has brought… Read More