Financial Innovation Now: Big Tech Educates Policy Makers on Benefits of Fintech

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Apple, Google, Amazon, PayPal & Intuit Provide the Firepower Behind Fintech Advocacy Group Financial Innovation Now. Back in the fall of 2015, an announcement was made regarding the creation of a new public policy coalition representing some of the largest names in tech: Apple, Google,… Read More

Potato Salad Kickstarter Creator Begins Shipment of Cookbooks

Zach Brown

Zack “Danger” Brown, the creator of the 2014 Potato Salad Kickstarter, announced last week his cookbook, The Peace, Love & Potato Salad Cookbook, is now being shipped to backers. In July, Brown stated the cookbook, which was co-written with Teresa Blackburn, was to those who pitched in $50… Read More

Clickbait: American Banker Article Declares Marketplace Lending Unsustainable

Haters

Publishing on the pages of American Banker, Todd Baker has written off the entire industry of marketplace lending. Baker states, “it should be obvious now that marketplace lending is unsustainable.” A pretty strong statement for a sector of alternative finance that has, until recently, experienced… Read More

“Con Man: The Game” Officially Releases on iTunes & Google Play (Video)

Con Man 3

On Thursday, Con Man: The Game officially made its debut on iTunes and Google Play. The new smartphone app game is part of the hit series Con-Man, which was funded last year on Indiegogo. The game’s description reads: “Have you ever tried to run your own comic book convention?… Read More

Lending Works Reflects on the Brexit Economy Two Months Later

Lending Works Directors Portraits

On Thursday, UK-based peer-to-peer lender, Lending Works, took to its blog to reveal the status of UK’s economy since voters made the Brexit decision, to depart from the European Union (EU),  just two months ago (June 23rd). The lender stated: “Depending which newspaper you’re inclined to… Read More

Digital Cash: UBS, Clearmatics, Deutsche Bank, Santander, ICAP and BNY Mellon Align to Test Blockchain in “Real-Market”

clearmatics

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

Brief: Fundation Nabs $100M Credit Facility from Goldman Sachs

Sam Graziano

Fundation has secured $100 million credit from Goldman Sachs, reported the WSJ. The cash flow will enable the “credit solutions provider” to expand recent partnerships with traditional banks, such as Regions Financial Corp. and a network of community banks, and to extend loans to the banks’ business customers.  Paying a… Read More

Lendingkart Hires Amazon and PayU Execs to Help Instigate Growth in India

rupee

Indian SME lender Lendingkart announced new hires plucked from Amazon and PayU India, reported Pymnts.com. Vishal Chopra, a former Amazon India exec, will join Lendingkart’s team as CRO, while Nihit Nirmal, formerly of PayU India, will join as SVP of products. “Lendingkart Group NBFC has emerged as… Read More


Vana Koutsomitis’ App DatePlay Surpasses £200,000 on Seedrs & Gets Accepted Into Mass Challenge Accelerator

DatePlay 2

Vana Koutsomitis’ dating app, DatePlay, continues to be a crowdfunding success as it surpasses over £200,000 in funds on Seedrs. “The Apprentice” runner-up and her team launched the campaign on the funding portal last month to raise £120,000 for the app’s development. Within a matter of three days,… Read More

Hybrid Air Vehicles Confirms: Airlander 10 Made Contact With Power Line Outside Airfield Before Crash Landing

Airlander 3

Following the Airlander 10 crash landing during its second test flight yesterday, Hybrid Air Vehicles announced what happened to the aircraft just before it made that rough ground contact. The wing-shaped aircraft is notably able to fly for up to five days at a time if… Read More

13 New Restrictions for China P2P Lenders as Rules Sink In

Chinese Peer to Peer Lending

Announced earlier this week, China has finally revealed its regulatory approach to online lending. To put this into perspective, peer to peer lending is huge in China – the largest online lending market in the world. The rapid ascension of P2P lending was driven by… Read More

Indiegogo Partner Arrow Electronics Announces Crowdfund-to-Production Service

Arrow Electronics

Worldwide technology company and Indiegogo partner, Arrow Electronics, Inc. (NYSE: ARW), announced on Thursday the launch of its new crowdfund-to-production service. This new service reportedly aims at accelerating the pace of innovation for technology and internet of things (IoT) entrepreneurs. Those interest in applying for an… Read More

Simpson Wine Estates Teams Up With NakedWines To Raise Funds For New English Sparkling Wine

Wine

On Wednesday, NakedWines announced it is seeking £112,000 for a new English Sparkling Wine and is giving investors a chance to name the new fizz. The crowdfunding platform is teaming up with Simpson Wine Estate for the process. NakedWines reported the sparkling wine would be produced… Read More

Monetary Authority of Singapore Announces Regulatory Framework for Payments

100 Singapore Dollars Money Asia

The Monetary Authority of Singapore (MAS) has published a consultation paper on a payments regulatory approach. Simultaneously MAS has created a “National Payments Council” to help foster digital payments and the ascension of Fintech. Noting that presently there are multiple regulatory environments and legislation action,… Read More

Scotland’s Converge Challenge Announces Startup Shortlist

Picture by Lesley Martin
04 February 2016

PR shots for Converge Challenge. 


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Scotland’s “leading company creation competition” has accepted 212 applicants this year, and now the judging process has shortlisted the top 10 nominees.  The 2016 Converge Challenge category is said to be the most competitive year ever.  The record number of applicants represents 14% growth year… Read More

Invesdor Leverages Identity Tech to Fund Cloud Solutions Insurtech Company

Cloud Solutions

Cloud Solutions, a Norwegian Insurtech company, recently raised equity capital on Invesdor’s crowdfunding platform. The offer was over-subscribed and the success is being attributed, in part, to the integration of Signicat technology. Finland-based Invesdor explains that due to equity crowdfunding regulation that mandated know your customer… Read More

Lending Club Hires former BlackRock & Morgan Stanley Executives

Scott Sanborn

As part of the rebuilding process Lending Club (NYSE:LC) is seeking out new hires with traditional Wall Street cred.  Today the leading marketplace lending firm has hired not one, but two former Wall Street bankers. Lending Club has appointed Valerie Kay, formerly an MD with Morgan… Read More