Report: P2P Lender Lufax Moving Away from Loans & Into Wealth Management

Lufax, othe largest peer to peer lenders in the world, is pivoting away from the online lending business. This is according to a report in WSJ.com. Lufax operates online and off – with more than...

Tech City Announcement: 26 New Tech Companies to Join Future Fifty Program

Tech City UK announced earlier the week the 26 new companies that are joining its Future Fifty program. According to the London-based business management consultant, the Future Fifty program gives pa...

Lending Club Alters Grace Period for Borrowers

Lending Club (NYSE:LC) has tweaked the way it manages the “grace period” for borrowers when they make payments past the due date. Previously, borrowers received a 15 day grace period for a...

Canadian Securities Administrators Launch Fintech Sandbox

The Canadian Securities Administrators (CSA) has launched a bespoke Fintech regulatory sandbox. The CSA described the Sandbox as an initiative that supports businesses seeking to offer innovative prod...

The Rise & Fall of Tiko 3D Printer. Creator Puts Company “on Standby”

Kickstarter Campaign for 3D Printer Collapses After Raising Nearly $3 Million This is a cautionary tale of rewards-based crowdfunding. As we reported earlier this week, Tiko 3D printer has been in lim...

Update: POD Point’s Third Crowdcube Campaign Surpasses £1.1 Million During Its First Week

Just one week after launching its third equity crowdfunding campaign on Crowdcube, POD Point has successfully secured more than £1.1 million from over 600 investors. As previously reported, POD Poin...

Trustivo Unveils Digital Workplace: A Platform Dedicated to Fintech

Boston-based Trustivo announced on Friday the launch of a new platform, Digital Workplace, which is dedicated to the fintech industry. According to Trustivo, Digital Workplace offers the following: An...

FarmFundr Launches Crowdfunding Platform for Farmland & Announces Three California Investment Opportunities

FarmFundr, a crowdfunding investment opportunity for farmland, announced on Friday it has opened its first rounding of funding opportunities for accredited investors. The new funding portal stated its...

Assetz Capital Embraces Local Presence to Boost Online Lending

As traditional banks reduce their physical presence across the country some online lenders are increasing their brick and mortar operations.  Assetz Capital is investing in their regional team and, i...

Setting sums: Paul Weller looks to crowdfund his clothing collection

Ex-Jam frontman bids to drum up £400,000 in pretty green to expand his Real Stars Are Rare label kitting out old mods and new facesThis is the modern world. It’s 40 years since Paul Weller spat out...

“Pillars of Eternity II: Deadfire” Hurdles Over $4 Million During the Final Hours on Fig

With less than twelve hours until its Fig campaign comes to an end, Obsidian Entertainment’s Pillars of Eternity II: Deadfire has successfully surpassed $4 million thanks to nearly 31,200 bac...

TransferWise Integrates Money Transfer Bot With Facebook Messenger

Global peer-to-peer lending platform TransferWise announced earlier this week it has integrated its money transfer service, TransferWise Bot, with Facebook Messenger. The online lender revealed that...

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