Barclays has announced the closure of its fintech accelerator program, Rise, by mid-2025, leaving the New York fintech ecosystem grappling with the loss of what many consider a cornerstone of the community. The decision has sparked significant concern among founders, venture capitalists, and industry leaders… Read More
OurCrowd, a global digital investment platform, and RISE, the corporate innovation powerhouse based out of Southeast Asia, announced the launch of the ROCX (Rise OurCrowd Exponential) Fund. The $50 million fund is Thailand’s “first” Israel-focused VC fund and “will invest in early-stage deep technologies in… Read More
Fundrise, a real estate investment platform that recently entered the early-stage investment sector, has filed to raise $19.7 million in a sale of Class B Common shares. Fundrise has raised growth capital for itself in the past using the Reg A+ securities exemption. The $19.7… Read More
The Covid-19 pandemic has been a major global disruptor as it has fundamentally changed how people conduct their daily lives. In 2020, we saw many more consumers using online platforms while cash usage dropped considerably in some parts of the world. In developed countries like… Read More
United Arab Emirates (UAE)-based Rise, a Fintech firm that offers various financial services to low-income migrants in the Middle East region and recently acquired $1.4 million in capital for ongoing development, has partnered with Pakistani e-commerce firm HomeShopping.pk. Through the partnership, the companies will launch… Read More
Dubai-headquartered Fintech firm Rise has secured funding via an investment round led by Middle East Venture Partners (MEVP). The round was carried out through a partnership with Dubai International Financial Centre (DIFC) Fintech Fund, 500 Startups, Khwarizmi Ventures and Phoenician Funds. The amount invested has… Read More
Rise, a German company marketing a forthcoming initial coin offering (ICO) with a campaign featuring a “democratize prosperity” slogan and a video of a homeless man driving a Lamborghini, has had its “virtual IPO” (ICO) scuttled by Germany’s Federal Supervisory Authority (Bafin), Handelsblatt reports. The… Read More
Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Wednesday its RISE product has surpassed $300 million in total outstandings, with more than 130,000 open accounts. According to Elevate, RISE is a state-licensed online lender offering… Read More
Elevate Credit, Inc., a tech-enabled provider of online credit solutions for non-prime consumers, announced on Wednesday its RISE product is now offering lines of credit in the state of Tennessee. This news comes just after the product’s successful line of credit launch in Kansas and it makes Tennessee the 17th state that… Read More
Blockchain company Humaniq announced on Wednesday it not only joined Barclay’s Rise community, it also secured $3.9 million in initial coin offering (ICO) funding. This news comes just a few days after the company appointed a new CEO, Dinis Guarda, and 20 members to its… Read More
Elevate, a provider of innovative online credit solutions for non-prime consumers, announced on Wednesday it has achieved two major customer financial progression milestones. According to Elevate, over 55,000 customers using its RISE product have improved their credit scores and more than 20,000 RISE customers are… Read More
This week, Amanda Nguyen 24-year-old rape survivor and founder of national civil rights nonprofit, Rise, took to crowdfunding platform GoFundMe to raise $450,000 as part of her mission to get Sexual Assault Survivor Bill of Rights passed. Nguyen revealed that she has made it her life’s mission to strengthen the… Read More
Inkshares, a crowdfunded book publisher, and Nerdist, the wildly popular digital network founded by comedian and television personality Chris Hardwick, announced today the winners of the Inkshares Nerdist Collection Contest. In a surprise decision, Nerdist shared that two, not one, of the five finalists will… Read More
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