Los Angeles Fintech Startup ProducePay Secures $7 Million in Equity & $70 Million in Debt Financing

Posted 15th March 2017

Los Angeles-based fintech startup ProducePay has secured $7 million in equity and $70 debt during its recent financing round, which was led by CoVenture with participation from Menlo Ventures, Arena V...

Digital Investment Advisor Stash Reaches 500,000 Investor Milestone

Posted 15th March 2017

Digital investment advisor Stash announced on Wednesday it has reached the 500,000 investor milestone. The company surpassed the achievement on Mach 12th. Stach revealed in a blog post: “Congratul...

Africa-Inspired Health Food Brand Aduna Launches Seedrs Campaign: Seeks £325,000 to Fund Next Phase of Growth

Posted 15th March 2017

Aduna, a London-based African-inspired food brand, has launched a Seedrs initiative to raise £325,000 to fund the company’s next phase in growth. Founded in 2012 by Nick Salter and Andrew Hunt, the...

Myomo Wants to be the First Company to Issue Shares Under Reg A+ & then Trade on the NYSE

Posted 15th March 2017

Reg A+, a securities exemption that was improved under the JOBS Act, has been touted as the solution to the dearth of IPOs in the US. But issuers are still working to figure out the best avenue to rai...

Accenture Opens North America Innovation Center for Finance & Risk in New York to Help Financial Institutions Accelerate & Scale Advanced Analytics, Data, & Reporting Initiatives

Posted 15th March 2017

Accenture announced on Wednesday the opening of its North America Innovation Center for Finance and Risk, which is located in New York City. According to Accenture, the new center seeks to help financ...

Latest Biz2Credit Small Business Lending Index February 2017 Reports: Small Biz Lending Approval Rates Surge at Big Banks, Institutional Investors

Posted 15th March 2017

On Wednesday, Biz2Credit announced its latest small business lending index revealed that loan approval rates at big banks ($10 billion+ in assets) improved to new post-recession highs in February 20...

Fintech Company Noventis Secures $4 Million in Debt Financing From SVB Financial Group

Posted 15th March 2017

Fintech startup and bill payment processor, Noventis, announced on Wednesday it has secured $4 million in debt financing from SVB Financial Group (NASDAQ: SIVB). The company reports that the deal come...

SmartBiz Loans Appoints Former SBA Head of Capital Access Ann Marie Mehlum to Board of Directors

Posted 15th March 2017

SmartBiz Loans, an online SBA marketplace, and bank-enabling technology platform, announced on Wednesday it appointed former SBA Head of Capital Access, Ann Marie Mehlum, as a new member of its boar...

Miso Tasty Completes Seedrs Campaign: Nearly Secures £275,000 in Funds

Posted 15th March 2017

Just a little over a week after launching its equity crowdfunding campaign on Seedrs, London-based Japanese food brand, Miso Tasty has closed the funding round. Originally seeking £150,000, the ini...

Online Lender Lendix Prepares for First Italian Loans Soon After Launch in Spain

Posted 15th March 2017

Lendix has opened its platform to Italian investors. Following the launch in Spain, Lendix, a leading online lender targeting the SME sector, expects to issue its first loans in Q2 of 2017. Yes...

Swedish student start-up signs deal to build electric cars for Siemens

Posted 15th March 2017

Uniti Sweden raises £1 million through crowdfunding and catches attention of German giant

Shortage of Risk Capital Hobbles Early Stage Companies in Europe

Posted 15th March 2017

Early stage companies need funding to launch and grow. That is a fact. But early stage companies are the riskiest of firms and thus unable to attract debt or bank financing. The solution is to ask fri...