Ant Group, the Fintech arm of Chinese tech major Alibaba, ramped up its research and development expenditures to a record 21.2 billion yuan ($3.05 billion) last year, according to its latest sustainability report. This move highlights the company’s increasing focus on technology innovations, including artificial… Read More
Avolta, a French boutique investment bank that is active in the venture space in Europe, has published a report on French tech funding reporting that Q2 2022 is the 3rd best quarter for funding ever. While certain markets are sagging, due to the rocky economy,… Read More
Flutterwave, a U.S. and Lagos-based fintech that’s on a mission to build payments infrastructures to connect Africa to the global economy, announced on Wednesday it has joined force with global digital payments giant PayPal. Flutterwave reported that through the partnership, PayPal customers will be enabled to… Read More
Portugal-based agriculture tech company, Agroop, is now seeking €500,000 through its new equity crowdfunding campaign on Seedrs. As previously reported, Agroop was founded in 2014 with a mission to democratize the access to technology in the farming sector by building a big data analytics platform… Read More
Barcelona-based Nanusens nanotechnology company has closed a €1,073,800 financing round through the Crowdcube investment marketplace, aided by a Inveready seed capital fund and 785 private investors. This campaign marked the fifth capital increase carried out by Nanusens. Caixa Capital Risc Dieco Capital and its shareholders…. Read More
UK online investment platform SyndicateRoom has supported Warwick Audio in a £2.2M funding round, as part of a larger financing activity bringing in more than £3M to the company. The funds will support Warwick Audio as it prepares to push its patented technology into the… Read More
Crowdcube announced on Thursday it has formed a partnership with London’s brand new Sport Tech Hub, a hub that creates a platform for both startups and entrepreneurs within the sports tech space. The equity crowdfunding platform stated it offers Sport Tech Hub member teams the… Read More
Less than a month after launching its third equity crowdfunding campaign on Seedrs, Portugal-based agriculture tech company, Agroop, has successfully secured its initial €200,000 funding target. As previously reported, Agroop was founded in 2014 with a mission to democratize the access to technology in the farming… Read More
Agroop, an agricultural tech that develops solutions to collect data and provide insight to farming agents, recently launched its third equity crowdfunding campaign on Seedrs. The Portugal-based company is currently seeking €200,000 as it prepares to expand and grow. Founded in 2014, the company stated… Read More
Record levels of venture capital investment at the start of 2017 has helped London retain its crown as Europe’s number one tech hub for global investors, according to new data from London & Partners, the Mayor of London’s promotional agency. “London remains Europe’s leading hub… Read More
Since launching yesterday on Companisto, German tech firm Copaltec has raised over 163,790€ from more than 143 investors for 14.63% equity offered. having already surpassed its initial 100K€ goal, the company is now aiming to hit its 600K€ goal within the next 59 days or by 20… Read More
In a recent post, FoundersClub Christopher Steiner reflected on current concerns with the US’ newest president and hostile immigration policy, “The last five days have led to a great deal of introspection across industries regarding relationships with, and even dependencies on, the greatest American ally of… Read More
Fintech is emerging as the next big transformation in India India and the UK held a joint Tech Summit on November 7-9 in New Delhi, where Prime Minister Narendra Modi of India emphasized close collaboration between the two nations during his remarks because it was “vital that India… Read More
UBS and Clearmatics have joined with BNY Mellon, Deutsche Bank, Icap and Santander to advance the Utility Settlement Coin, an asset-backed digital cash instrument implemented on distributed ledger technology, according to a statement. “Digital cash is a core component of a future financial market fabric… Read More
Companisto founders David Rhotert and Tamo Twinge announced a new safety initiative called crowd voting, offering Companists “the chance to invest in venture capital with a safety net.” After collecting feedback and communicating with investors over the last months, the process of crowdsourcing inspired the founders to offer crowd… Read More
Israel’s fintech scene is a can’t-miss these days. As a recent example, Chinese venture capital firm Pando Group has invested US$2 million (HK$15.53 million) in Israeli financial technology (fintech) hub The Floor in Tel Aviv, notes the South China Morning Post. The funds support the creation of… Read More
At age 22, recent George Washington University grad Julia Kurnia co-founded the world’s first microfinance organization built entirely from crowdfunding capital sourced over the internet, using funds raised from Kiva.org in Senegal, West Africa. She spent the next four years managing U.S. government grants to small businesses in… Read More
Now overfunding on Crowdcube, Primo is a smart-toy maker that aims to help young children learn computer coding before they can read. I can’t say that’s the order in which I learned these two skills (probably because the company was then but a spark in its founders’ eyes), but… Read More
Crowdfunder recently celebrated Bitvore’s million dollar raise secured from 10 investors with an interview with CEO Jeff Curie. The platform will use the new funding to focus on “scaling up sales and marketing to help expand the market footprint and grow the revenue stream.” Bitvore collects vast amounts of Internet data,… Read More
Aided by factors such as a record high number of registered businesses in the UK–5.2 million; a national interest in entrepreneurship; and SMEs accounting for just over 60 percent of private sector employment, according to the Department for Business, the UK has the chance to increase its… Read More
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