Jack Ma’s Ant Financial Acquires US Based MoneyGram

Posted 26th January 2017

China’s richest man, Jack Ma, has boosted his USA presence with the acquisition of MoneyGram (NASDAQ: MGI) – a Dallas-based money transfer service. Ant Financial Services Group, part of ...

Millennium Trust Company Celebrates the New Year With Over $20 Billion in 527,000 Custodial Accounts

Posted 26th January 2017

Millennium Trust Company announced on Thursday it finished 2016 with continued growth, bringing the total assets under custody to $20.8 Billion in 527,000 custodial accounts. Speaking about last year...

FinTech Acquisition Corp. II Completes IPO Offering By Raising $175 Million

Posted 26th January 2017

FinTech Acquisition Corp. II (NASDAQ:FNTEU), a blank-check company formed for the purpose of acquiring or merging with one or more businesses or entities in the financial technology industry, announce...

European Parliament State of Play Report on Crowdfunding

Posted 26th January 2017

The European Parliament has published a report entitled: Crowdfunding in Europe – Introduction and State of Play. The short document is basically a synopsis on the status of crowdfunding in Eur...

IPO Fintech Startup ClickIPO Will Bring Initial and Secondary Public Offerings to Main Street Investors

Posted 31st January 2017

By Jorge Sanchez, Crowdfund Beat Guest Editor, The Initial Public Offering(IPO) has long been one of the most honored and revered business milestones. For entrepreneurs, early employees and investors...

Governor of the Bank of England: Fintech Could Signal the End of Universal Banking as We Know It

Posted 26th January 2017

The current Governor of the Bank of England, Mark Carney, has engendered much respect from the land of Fintech. An unabashed supporter of the potential for financial innovation to improve financial se...

Credit China Fintech is Making Waves with $30M Bitfury Deal Following Ping An Investment

Posted 26th January 2017

Credit China Fintech has started 2017 with a blitz of deals. Today Credit China Fintech announced a $30 million deal with BitFury group and the establishment of a joint venture focusing on the China...

Propel(x) Announcement: $5.3 Million Raised For Deep Technology & Science Startups Through Platform in 2016

Posted 25th January 2017

Online angel investment platform Propel(x) announced on Wednesday its platform hit a significant growth milestone in 2016 by helping to secure $5.3 million for deep technology and science startups.�...

India Crowdfunding Platform Wishberry Secures Funds Through Pre-Series A Round Led By iSPIRT’s Sharad Sharma

Posted 25th January 2017

India’s reward-based crowdfunding platform, Wishberry, announced on Wednesday it secured an undisclosed amount during its Pre-Series A Funding round through LetsVenture. The funding portal rev...

Fundrise is Crowdfunding Itself Under Reg A+

Posted 25th January 2017

The other day Crowdfund Insider shared that Fundrise was preparing for its “Greatest Innovation Yet”, today we may have a bit more information. Fundrise is going to crowdfund itself. True to form...

Monzo Milestones: £100 Million Spent By 100,000 Users

Posted 25th January 2017

Crowdcube #FundedClub member Monzo announced it not only surpassed 100,000 users, but the users have also successfully spent £100 million. While sharing details about the 100,000th user, Monzo state...

Funding Circle Announces Price Property Loan Changes

Posted 25th January 2017

On Wednesday, marketplace lending platform Funding Circle announced changes to its price property loans. The lender revealed that following a recent review of its property loan offering, it is increas...