Student Micro-Financing Startup SlicePay Acquires P2P Lender Trustio

Lending startup SlicePay has bought Delhi-based P2P lending platform Trustio in an all equity deal which the former hopes will strengthen its team, product portfolio and infrastructure. Trustio, laun...

Exclusive: LOVE Turntable Kickstarter Update & Stretch Goal

LOVE Turntable Inc.’s Kickstarter campaign is still going strong with the help of 1026 backers and counting, having raised over $346,870 since launching late last week.   The startup surpas...

Sous Vide Success: Kickstarter Alum Anova Acquired by Electrolux

Anova Applied Electronics, Inc. announced its entering into an agreement to be acquired by global appliance company Electrolux (ELUX-B) for $115 million in cash up front and an additional $135 millio...

Grab Turns to Indonesia with $700M to Invest in Mobile & Payments

Singapore-based company Grab, self-described as “Southeast Asia’s Leading Ride-Hailing Platform”, is investing $700 million in Indonesia to make the country ASEAN’s most digit...

Thailand: Experts Predict Blockchain Takeover in 2018

Bhume Bhumiratana works on blockchain in Thailand and in an interview with the Bangkok Post, he said that the country is poised to see the technology take over banking and financial services in the n...

China Report Says Almost Half Million Cases of P2P Lending Problems

A report in China News says there was a “surge in problematic peer to peer online lending” during 2015 and 2016. Referencing financial news portal Finance.ifeng.com, the report said there ...

Philadelphia Fed President Patrick Harker Says Regulation is Key to Protecting Fintech Innovation

Patrick T. Harker, President of the Federal Reserve Bank of Philadelphia, delivered a speech today on Fintech innovation and the importance of regulation. Harker stated that regulation is not only abo...

Payment Provider Klarna Purchases BillPay

Klarna, one of Europe’s leading payment providers, has acquired Berlin-based BillPay thus expanding its reach in Europe. BillPay operates in Germany, Austria, and Switzerland. Klarna works with...

UK’s Department for International Trade Selects Eleven Fintech Companies to Visit Australia & New Zealand Next Month

UK’s Department for International Trade announced last week it would bring a trade delegation of eleven successful of the country’s fintech companies to Australia and New Zealand in March ...

Kickstarter Joins Amicus Brief to Stand Up For America’s Welcoming Immigrants Tradition

Kickstarter announced on Monday it has joined an amicus brief, alongside nearly 100 American companies, to stand up for America’s welcoming immigrant traditions. According to Kickstarter, the b...

Dead End for AssetAvenue?

Crowdfund Insider received a tip this past week that real estate crowdfunding platform AssetAvenue has stopped originating loans. Emails to the company have not been returned, and repeated attempts to...

Blockchain Project Chronobank Joins FinTech Australia

Blockchain project Chronobank announced on Sunday it has officially joined national Australia Fintech Industry Association, also known as Fintech Australia. FinTech Australia, which was founded in Oc...

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