Tagged: u.s.

Chinese Fintech Jianpu Sees Rise in Shares Following U.S. IPO Debut

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Thursday the launch of its initial public offering of 22,500,000 American depositary shares (“ADSs”) at a price to the public of US$8.00per ADS for a total offering size of US$180 million. According to Nasdaq, the company experienced a… Read More

Richard Cordray to Step Down as CFPB Director By the End of November

Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), announced he would be stepping down from his position by the end of November. Prior to joining the Bureau, Cordray served as Ohio’s Attorney General and is notably the first director of the CFPB.  Cordray… Read More

YouCaring Launches First “State of Compassion” Report: Analyzes Geographic & Demographic Trends in U.S. Crowdfunding

On Thursday, crowdfunding platform YouCaring announced the release of its first State of Compassion report, which analyzes geographic and demographic trends in U.S. crowdfunding. The funding portal revealed that the report is based on the rigorous analysis of aggregated and anonymized data from nearly 350,000 of… Read More

Crowdcube Alum BrewDog Launches “Make Earth Great Again” Beer in Protest Against U.S.’s Withdrawal From the Paris Accord

Just a few months after President Donald Trump announced his intention to withdraw the U.S. from the Paris Climate Accord, crowdfunding success BrewDog launched a “Make Earth Great Again” beer in protest of the leader’s decision.  Make Earth Great Again is described as a saison… Read More

Blockchain Credit Bureau MicroMoney Announces Token Distribution Campaign Expansion in China & U.S.

Blockchain credit bureau MicroMoney announced over the weekend it is expanding its token distribution campaign into China and U.S. markets. This announcement comes just after the campaign generated $7.8 million. As previously reported, MicroMoney describes itself as a company that is focused on micro-financing in the… Read More

European Fintech N26 Announces U.S. Launch in 2018

N26, a digital-only challenger bank based in Germany, announced this week that it is planning to launch in the U.S. this upcoming year. The news comes less than two months after the company installed Mambu’s software to power its online banking service. According to TechCrunch, N26’s Co-Founder and… Read More

Root Insurance Expands Insurtech Platform in the U.S.

Car insurance company Root Insurance announced on Thursday it is expanding its services to drivers in Illinois, Utah, Oklahoma, and Indiana. Founded in 2015, the Ohio-based insurtech company claims to be the first insurance firm that was founded on the “principle of fundamental fairness.” It has… Read More

SBA Unveils New Lender Match Tool to Connect Small Businesses & Lenders

Last week, Administrator Linda McMahon, head of the U.S. Small Business Administration, announced the launch of Lender Match, the SBA’s online referral tool connecting small business borrowers with participating SBA lenders.  Lender Match is an upgrade to LINC (Leveraging Information and Networks to access Capital), which was… Read More

AutoGravity Surpasses $1 Billion In Finance Amount Requested & Debuts Real-Time Dealership Inventory Nationwide

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, today announced on Wednesday it has reached $1 billion in finance amount requested on its platform.   The company revealed that more than 750,000 car shoppers have downloaded its app and collectively request over $1 billion in financing…. 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

Indiegogo Co-Founder Slava Rubin Talks Equity Crowdfunding Platform’s Slow Start: “It’s So New that So Few People Know About This” (Video)

Less than one year after Indiegogo teamed up with MicroVentures to launch its equity crowdfunding platform, co-founder of the global funding portal, Slava Rubin, sat down with Fortune to discuss equity offerings As previously reported, Indiegogo launched the new equity portal with MicroVentures on November… Read More

Funding Circle Revamp: Online Lender Announces New Look & Feel to Platform

On Thursday, online lender Funding Circle announced it is revamping its platform by offering a new look and feel. The lending portal also announced its new motto, Made to Do More. It was revealed: “Since  2010, we’ve been proudly helping small businesses (32,000 and counting!)… Read More

CreditEase Wealth Management Receives SEC Registered Investment Advisor Approval

CreditEase Wealth Management announced on Thursday it has recently been approved by the U.S. Securities and Exchange Commission (SEC) to become a registered investment advisor (RIA). The firm may now provide advice to investors in the U.S. Speaking about the RIA process, Dr. Fan Gal,… Read More

Fintech Firm investFeed Ditches Equities for Cryptocurrency

investFeed, a community-powered stock trading network, announced on Thursday that it is making the ambitious move to drop U.S. equities from its platform and to replace them with digital currencies. The New York-based firm, which launched in 2014, revealed it made the decision to pivot… Read More

Funding Circle Expands in the U.S. By Appointing New CCO & Head of Capital Markets

Online lender for SMEs, Funding Circle, announced this week it expanded its U.S. leadership team by appointing Joanna Karger as U.S. Head of Capital Markets and Richard Stephenson as U.S. Chief Compliance Officer. Karger, who notably has 30 years of experience working in capital markets,… Read More

Lice Clinics of America Launches Reg CF Campaign on StartEngine

Lice Clinics of America,  a large lice treatment products, and services company, announced the launch of its Title III Regulation Crowdfunding Campaign (Reg CF) on StartEngine.  The funding round will allow accredited and non-accredited investors to purchase equity in the company. Lice Clinics of America… Read More

China Rapid Finance Unveils Full Exercise of Underwriters’ Option For the Purchase of Additional ADSs

On Thursday, peer-to-peer lender China Rapid Finance (NYSE: XRF) that the underwriters of its previously announced initial public offering (IPO) have exercised in full the option to purchase an additional 1.5 million American depositary shares (“ADSs”) from China Rapid Finance to cover over-allotments. According to… Read More

Biz2Credit Names New York City The 2017 Best Small Business City in America

Biz2Credit announced on Tuesday it named New York City the 2017 Best Small Business City in America. According to the company, this vote was based on a weighted average that includes annual revenue, credit score, age of business (in months), and a BizAnalyzer score that factors in cash… Read More

India’s Impact Guru & GlobalGiving Announces Partnership: Offers Tax Benefits to International Donors in the U.S. & UK

India-based crowdfunding platform for NGOs, medical, and personal causes Impact Guru announced on Tuesday it formed a partnership with U.S. and UK-based non-profit crowdfunding platform, GlobalGiving. According to the duo, this new partnership will enable vetted Indian NGOs and social enterprises raising funds on Impact Guru to… Read More

China Rapid Finance Announces IPO Pricing of 10 Million American Depositary Shares

Peer-to-peer lender China Rapid Finance announced on Friday the pricing of its initial public offering (IPO) for 10 million American depositary shares (ADS). The company revealed each ADS was priced at $6.00,  with a total offering size of US$60 million. According to the Asian online lender, each… Read More