SONECT, a platform that can convert anyone or any shop into a virtual ATM, is the PitchIt winner at LendIt Europe. They beat more than 100 companies to win both the PitchIt Audience Choice and PitchIt Judges Choice awards. “Taking ...
Omega One wins LendIt Lang Di Fintech PitchIt
Automated trade execution platform Omega One beat out hundreds of applicants to win LendIt’s Lang Di Fintech PitchIt competition in Shanghai on July 16. Lang Di Fintech PitchIt partners with Shanghai-based co-working and incubation space JadeValue to provide fintech startups ...
PitchIt 2017 to identify promising fin-tech startups
Attendees at next March’s LendIt USA in New York City may get to see the next big thing. The popular industry event has partnered with Silicon Valley-based global venture capital seed fund and startup accelerator 500 Startups to host PitchIt ...
Inaugural Lendit awards slated for March 7
The global online lending and fin-tech communities will get to honor their own at the close of one of the sector’s largest annual events. Lendit’s inaugural awards ceremony is scheduled for March 7, 2017 at the Edison Ballroom in New York. ...
This week’s packed LendIt Europe conference a sign of industry maturation
Peter Renton is already declaring LendIt Europe a success. And it hasn’t started yet. “It’s a great feeling when people respond like this,” he told Bankless Times from Colorado. “We are always working to meet demand.” Renton and Jason Jones ...
AssetAvenue CEO sees Series A round as ‘validation’
When participants in your Series A round include past investors and noted alt-fi backers, you know you are doing something right. That is where online commercial real estate platform Asset Avenue finds itself at the conclusion of its $11 million Series ...
Rapidly evolving alt-fi industry spurs tech upgrades
The recent release of AmeriMerchant‘s online application 2.0 platform illustrates that for alt-fi companies operating in the digital environment technological improvements are a continuous process. The new online application version sees several upgrades to the initial version, including: A co-branding/White ...
Financing deals announced at LendIt
Several platforms used this week’s LendIt conference in New York City to announce significant financing agreements. Online platform LendKey struck a deal with MidCap Financial where MidCap agreed to purchase up to $1 billion in student consolidation loans originating on ...
LendIt’s significance seen in number of launches
It is said Helen of Troy was the face that launched a thousand ships. At this pace LendIt will be soon known as the conference that launched a thousand new products, services and tweaks. The big news was the announcement ...
Platform enhancements highlight efficiency’s role in alt-fi growth
The competitive advantages of expediency and efficiency in the alt-fi world were highlighted at Lendit 2015 this week, where multiple companies announced platform refinements designed to provide an enhanced user experience. New York-based AmeriMerchant provides working capital solutions such as merchant ...