Global crowdfunding platform GoFundMe has teamed up with Stripe. Stripe reported that through the partnership, it is deploying its technology to ensure those in need are able to receive donations from those able to support quickly and efficiently. Stripe further revealed it will help… Read More
Greek payments firm Viva Wallet is reportedly planning to secure €500 million in capital to support its virtual banking business, according to Reuters which cited two sources familiar with the matter. As reported, Viva Wallet officially acquired the banking license of Praxia Bank after the… Read More
During the past few years, initial coin offerings (ICOs) and initial exchange offerings (IEOs) have raised billions of dollars in funding for various so-called “decentralized” blockchain initiatives. Most of these projects have been scams or have just been really bad ideas that never really materialized…. Read More
Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it reached its extended fundraising goal of $17,000,000 in partnership with BnkToTheFuture. According to Celsius Network, more than 700 qualified investors from all over the world have already participated in the round since June…. Read More
New York-based SMC Capital, a VC firm focused on blockchain technology, and Estonia’s bigX, a Fintech firm that provides a crypto-fiat exchange, have co-published an extensive report on initial exchange offerings (IEOs). IEOs came after initial coin offerings (ICOs), which are a type of crowdfunding… Read More
KoreConX announced on Thursday the launch of the Direct Issuance Platform for use by companies for their capital raising around the world. The company reported that the platform provides companies an end to end solution to allow them to offer their securities to investors with… Read More
Digital bank Monzo is reportedly holding discussions with various large investors about potentially raising additional funds. Following its upcoming investment round, the company might become one of the UK’s largest Fintech startups. According to sources on the matter, Monzo is in talks with investors, some… Read More
Fintech startups Spendesk, Wynd, and Lunchr conducted some of the largest fundraising rounds in France in 2019. A study by “Observatoire de la Fintech” reveals that these financial technology companies secured a total of $700 million (appr. €625 million) in capital. Mikaël Ptachek, head of… Read More
Turing Intelligence Technology (TurinTech.ai), a research and innovation-driven artificial intelligence (AI) firm that focuses on automatic optimizations, has raised over £1 million through a seed funding round. Currently based in Cambridge, TurinTech.ai was established by four researchers at University College London (UCL). A resident at… Read More
On Tuesday, crowdfunding platform Pledge It announced it was introducing 0% platform fees for all campaign organizers. The funding portal reported that it will no longer charge a platform fee based on the amount raised by a campaign and instead of charging organizers a fee,… Read More
On Wednesday, global crowdfunding platform GoFundMe announced its GoFundMe Team Fundraising, which is described as a new product providing groups of any size with the ability to collaborate and fundraise together for a personal or charitable cause. According to GoFundme, this new product brings the funding… Read More
Despite a quiet start to Fintech deals on a global level this year, Europe looks like it’s on pace to break records, according to CB Insights’ recent Q1 report. CB Insights reported that European fintech firms raised over $667 million over the first three months of the year… Read More
Fundraising platform MobileCause announced on Wednesday the launch of its new digital marketing services, which will be used to help nonprofits achieve their funding targets faster. According to the funding portal, the new software solutions will manage nonprofit fundraising and communication. While sharing details about… Read More
Fundraising platform for nonprofits, MobileCause, announced on Wednesday enhancements and features launched with its first quarter 2017 product release, which are designed to help users raise more funds and simplifies fundraising processes for nonprofits. While sharing details about the features and enhancements, Sean MacNeill, MobileCause… Read More
Social media giant Facebook announced on Thursday it is launching a new fundraising feature that will allow users to raise funds for six types of spending, which are education, medical, pet medical, crisis relief, personal emergency, and funeral and loss. The Facebook team revealed: “Personal fundraisers… Read More
DonorSee is described as a new fundraising platform specifically to improve the charity industry. Its goal is to change the way people support charities with complete transparency. Instead of giving to a large charity that may fall short of the mark or simply has huge… Read More
With less than 24 hours until its Crowdcube campaign comes to an end, fundraising platform School Notices has successfully secured nearly £825,000 in funding thanks to 186 investors. The portal launched its initiative last month and was originally seeking £700,000. School Notices was founded in 2014 by… Read More
School Notices, a UK-based parent to parent noticeboard and school fundraising platform, has recently launched a campaign on equity crowdfunding Crowdcube. The website is looking to raise £700,000 and so far has already raised more than £620,000 from over 50 investors. The digital fundraising and membership… Read More
On Thursday, crowdfunding platform Crowdrise announced it formed a new partnership with the Center for Disaster Philanthropy for high-impact disaster fundraising. Sharing details about the new partnership, Robert Wolfe, co-founder and CEO of CrowdRise, stated: “We created CrowdRise to make it easier than ever to provide… Read More
Backed by Ping An Insurance Group Co of China Ltd., Lufax, a Chinese peer-to-peer lender, has raised $1.2 billion from a group of investors, making it one of the world’s most valuable financial technology startups. The capital raising values Lufax at $18.5 billion. The Shanghai-based Shanghai Lujiazui International Financial Asset Exchange Co… Read More
Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech.
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