SEC Commissioner Gallagher: Millionaires Can Fend for Themselves

SEC Why Should We Spend Limited Resources on Millionaires Gallagher

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  Last week I had the opportunity to attend the 2014 Government-Business Forum on Small Business Capital Formation in Washington D.C. where Commissioner Daniel M. Gallagher gave his opening remarks after the first panel. In what I can only refer to as a “mic drop” moment, he brought the audience to instant applause when we… Read More

Indiegogo Selects Crowdfunding Success & Forever Funding Program Participant, PetziConnect, Be Featured in Cyber Monday Sale

PetziConnect 1

Crowdfunding giant, Indiegogo, announced on Wednesday (November 26th) it will be offering “barking mad” savings with the inclusion of PetziConnect in its first ever Cyber Monday consumer sale. The startup, which allows pet parents to see video, speak audio, snap take pictures and videos of, along with treat dispense treats to their pets remotely, is… Read More

Applied CleanTech Launches EquityNet Campaign to Raise $2-$5M For Further Business Development

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Applied CleanTech announces this week the launch of its equity crowdfunding campaign on EquityNet to raise its next round of funding, targeted at $2-$5M. The investment is required for business development in Western Europe and the Americas. Established in 2007, Applied CleanTech Inc. has developed and established a game changing technology that fully recycles cellulose from raw… Read More

PwC Warning: Banks Gotta Change … Or Else

Disaster Thud Kaboom

PwC Rings Warning Bell as Banks Face Possible Demise. “We are surely looking at the end the market and banks as we currently know them”.  As part of a report from a recent Peregrine Perspectives panel that was organized in advance of George Osborne’s autumn statement that is predicted to incorporate a boost for SME… Read More

Scam Alert: Alleged Bone Cancer Patient Shuts Down GoFundMe Campaign After Being Busted With Bogus Photos

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Earlier this month, an alleged Iraq war veteran known as Kevin Fish debuted his crowdfunding campaign on GoFundMe to raise $4,000 for what he noted to be his final trip to his family in Louisiana before he died from bone cancer. Fish shared on the campaign’s website, “I am fighting bone cancer and it’s not… Read More

Brief: Number of Private Sector Businesses at All Time High in UK

Double Decker Bus England UK

According to an official release from the UK Department for Business, Innovation & Skills, private sector firms stand at an all time high topping 5.2 million businesses.  This record number was achieved by an annual increase of businesses of approximately 330,000 or 6.75% versus 2013.  The 5.2 million business are almost exclusively small enterprises employing… Read More

UK Peer to Peer Finance Association Creates New European Associate Membership

Europe

The Peer to Peer Finance Association (P2PFA) has created a new type of membership targeting the wider audience of Europe. The “Associate European Member” is available for P2P lending applicants  within the European Economic Area. Accepted members will receive certain benefits, specifically; A bi-monthly e-newsletter from the P2PFA with membership news, details of industry events,… Read More

Blood Sport Gaming System Gets the Axe By Kickstarter Just Six Days Into Its Crowdfunding Camapign

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Last week, co-founders of Canadian-based company Blood Sport launched a crowdfunding campaign on Kickstarter to raise $250,000 for its new self-titled gaming system known. The description of the system is pretty much self-explanatory, with Blood Sport, the programmers take the consequences of the gaming world and have them actually affect you in real life. That’s… Read More

Landbay, a P2P Property Lending Platform, Joins P2PFA

10£ Darwin

UK based Landbay has joined the Peer to Peer Finance Association (P2PFA) becoming the latest member to adhere by the standards set by the advocacy group.  Landbay has targeted a segment of the real estate sector by lending against occupied housing.  The peer lender has differentiated their service from many other P2P lenders by added a… Read More

OakLabs Uses Gaming Tech for Molecular Bio: Raises Nearly €330K on Seedmatch

oaklabs team

OakLabs has raised more than 218% of its equity crowdfunding goal on Seedmatch, securing over €329K with the support of over 280 investors.  The startup has a pre-money valuation of €3,469,000. “PCR ( polymerase chain reaction) is an indispensable part of modern medical research. However, before such a routine test works reliably, the PCR must be unique for… Read More

Panono Secures 626% Goal on Companisto: 360° x 360° Throwable Camera Nears Photo Finish

Jonas Pfeil

Panono has successfully made the leap from Indiegogo hit to equity crowdfunding success on Campanisto, securing over € 626,280 with the confidence of over 870 investors. The Berlin, Germany-based Panono raised $1.25 million in a rewards based campaign this past January and remains one of Indiegogo’s top funded campaigns of all time. As reported by Crowdfund Insider‘s JD Alois, “The investment… Read More

Fidel Overfunds on Crowdcube: Sophisticated Customer Loyalty System Gains Investor Loyalty

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Fidel, the UK-based platform that allows customer-facing businesses primarily within Retail and Food & Beverage to set-up and run a sophisticated Customer Loyalty System,  has been in overfunding mode after easily surpassing its equity crowdfunding campaign goal of £230,000 goal for the 10.31% equity offering on Crowdcube.  The startup has raised over £308K with the support of over 133 investors…. Read More

Ten Reasons Businesses Should Use Peer to Peer Lending to Raise Capital (Infographic)

$50 Grant

By now most industry followers understand that peer to peer lending, or peer to business as it may be, is a great way to raise capital for your business.  Rates can be competitive versus banks. Many businesses end up using credit cards to help pay the way but we all know the excessive rates most… Read More

Brief: United Airlines Takes Giving to New Heights This Holiday Season

United Airlines 2

United Airlines is teaming up with crowdfunding platform, Crowdrise, to show the power of giving this holiday season. The company will offer up to 10 million bonus award miles to MileagePlus members who donate to some of their favorite charities through Dec. 5, 2014. Each donation will also add one signature United “brick” to the CrowdRise Giving… Read More

CrowdRise Community To Build World’s First Giving Tower For #GivingTuesday

Giving Tower logo

CrowdRise, a leading platform for charitable crowdfunding, is partnering with hundreds of charities to build a Giving Tower to show the world’s philanthropic impact on #GivingTuesday. The Giving Tower will be built using augmented reality, think a really cool hologram. The campaign launched today (November 25th) and will run through the official start of the… Read More

Passion Planner Over $550,000 During The Final Days on Kickstarter; Creator Addresses the Do’s & Don’ts of Being An Entrepreneur

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With only eight days until its crowdfunding campaign on Kickstarter comes to an end, Passion Planner, created by San Diego entrepreneur Angelia Trinidad, has now reached over $550,000 from almost 20,000 backers. Originally seeking only $10,000, the project managed to raise its initial goal quickly and has been in the spotlight constantly since its launch… Read More

Cone Communications on Crowdfunding: Online Giving Is Changing Holiday Donations

Cone Communications

With the holidays fast approaching, all eyes are on #GivingTuesday, the red kettle and other calls to help those in need. Yet, holiday giving is anything but traditional this year.  Digital has forever shifted the paradigm, changing not just how but when and where donations are made. According to the 2014 Cone Communications Digital Activism Study, in the… Read More

Kickstarter-Success PowerUp 3.0 Continues to Soar to New Heights; Has Been Named CNET’s Top Remote-Controlled Toys of 2014

PowerUp 3.0

Time certainly does fly! A year ago this month, inventor and President of PowerUp Toys, Shai Goitien, launched a crowdfunding campaign on Kickstarter for PowerUp 3.0 that generated over $1.2 million and became the top funded programs in the flight category. Today, the innovative Bluetooth-enabled paper airplane toys are sold exclusively at Mastermind Toys stores across Canada and is flying off the shelves… Read More

Former Chief Ombudsman, Tony Boorman, Joins UK P2PFA as a Director

Tony Boorman

The Peer-to-Peer Finance Association (P2PFA) announced last week the appointment of Tony Boorman, former Chief Ombudsman at the Financial Ombudsman Service, as a Director of the P2PFA. Tony will work with current P2PFA Chair Christine Farnish, as the Association continues to advocate on behalf of the peer to peer lending sector.  “Tony’s appointment demonstrates the dedication that… Read More

RCS Capital: Certain Broker Dealers Have Resumed Sales of Products While Executives Buy Shares in Own Company

RCS CAPITAL CORPORATION, INC. LOGO

In a company release RCS Capital Corporation (NYSE: RCAP) stated that certain broker-dealers have resumed sales of products distributed by RCS Capital the company’s wholesale distribution business, pursuant to 51 recently reinstated selling agreements. RCS Capital states it has 1,020 active selling agreements and works with over 250 firms to distribute alternative investment solutions.  The… Read More