Italy Updates & Improves Equity Crowdfunding Rules

The Coliseum Italy

Top Story

  The equity crowdfunding market has been slow to take off in Italy largely due to intrinsic limitations with the environment and regulations. But Italy is pivoting once again and adapting to the new world of capital formation. Just 18 months after having enacted (first in the world) retail equity crowdfunding regulations, in reviewing existing rules, Italy… Read More

FundingKnight Pushes Into Renewables with £450K for Wind Farm

Wind Turbine Earthmill

UK based FundingKnight is a peer to peer lender that provides short-term funding to allow property owners or investors to acquire or improve commercial or residential property prior to selling or refinancing it. These loans typically range from £100,000 to £500,000 – a max amount that was recently increased due to “borrower demand“.  In a… Read More

Supporters of Disabled Mugging Victim Alan Barnes Flock to GoFundMe; Raises Over £142,000 in Two Days

Alan Barnes

Last Sunday evening, 67-year-old Alan Barnes was viciously attacked outside his home in Hillside Place in Low Fell. The older gentleman, who was born was numerous defects which include sight and growth problems, was knocked to the ground by the thug who attempted to rob him. In result of the mugging, Barnes suffered from a… Read More

New Jersey Dashbon Debuts Crowdfunding Initiative on Indiegogo For Mobile Projector Boombox

Flicks 3

Dashbon, a New Jersey-based tech startup, recently launched a crowdfunding campaign on Indiegogo to raise $50,000 for its new mobile boombox known as Flicks. According to its description, Flicks is a mobile “party powerhouse” that is perfect for indoor and outdoor fun because it’s 100% cordless. Its full-color RGB LED light source delivers high quality… Read More

Largest Kickstarter Campaign Ever “Coolest Cooler” Starts Shipment Countdown

Coolest cooler Countdown

The largest Kickstarter crowdfunding campaign of all time “Coolest Cooler” has created a “Countdown” page for its over 62,000 backers.  Coolest topped $13.2 million last year affirming its place in the crowdfunding hall of fame. Think about it. Pretty amazing for a cooler. We last reported that Coolest had pushed back its shipping date for… Read More

New Entrepreneurial Course Introduces University of Illinois At Chicago Students to Crowdfunding

craighton-berman

Seeking to share the ins and outs of crowdfunding with the younger generation, Chicago designer Craighton Berman, introduced a new year-long professional development course to University of Illinois at Chicago students. According to the Chicago Reader, Berman, who successfully launched a series of products on Kickstarter, created the class as a way to impart relevant, real-world skills… Read More

New Crowdfunding Myeloma Initiative Begins With Call For Letters Of Intent

Myeloma

The Myeloma Crowd Research Initiative (MCRI) is calling for research proposals for high-risk multiple myeloma, a rare blood cancer on the Myeloma Crowd. The MCRI is a new way of fundraising for myeloma research, combining the skill and knowledge of leading myeloma specialists with educated “epatients” to together select and fund promising research projects in myeloma…. Read More

OTC Markets Publishes 2014 Stats. Includes 311 Companies Trading on OTCQB Venture Market

Cromwell Coulson at SEC

OTC Markets Group (OTC: OTCM), the US based marketplace that provides liquidity for over 10,000 over the counter securities, has published a round up of 2014 accomplishments. Cromwell Coulson, CEO of the company lauded the final results; “2014 has been a year of accomplishment with the successful rollouts of OTCQX for Banks, our new OTCQB Venture… Read More

SEC Advisory Committee on Small & Emerging Companies Schedules Next Public Meeting

Sarah Hanks at SEC

SEC Chair Mary Jo White re-animated a previously moribund Advisory Committee on SMEs late last year.  These “small” companies are private companies, as well as those publicly traded, with market capitalizations of under $250 million. This initiative was undertaken in recognition of the importance of small business to the nations well-being.  The next meeting will… Read More

Mipow’s Bluetooth Headphones M3 Makes an Appearance on Kickstarter; Captures Nearly $35,000 in Three Days

M3 5

Earlier this week, California-based gadget company, Mipow, hit Kickstarter for its new Bluetooth headphones, M3. Originally seeking only $10,000, the project quickly surpassed the initial goal and has raised nearly $34,000 thanks to over 550 backers. M3 is a Bluetooth wireless headphones that have a built-in retractable cable. It is described as “the beautiful mixture… Read More

Folk Band New Birds of Chicago Return to Kickstarter For Second Album Real Midnight

Birds of Chicago 1

Ready to bring new music to their devoted fans, the New Birds of Chicago bandmates have returned to crowdfunding giant Kickstarter to raise $40,000 for their upcoming album Live from Space, which is set to be produced by Grammy winner, Joe Henry. Explaining the bands history and progress, the singing duo (JT Nero and Allison Russell) wrote,”We started this… Read More

P2P Global Shares Jump 5.75pc on First Day of Trading: Promising Start

p2p global

“PEER-to-peer lender P2P Global Investments yesterday saw its C-shares rise from 1,000p to 1,057.50p, an increase of 5.75 per cent on their first day of trading. The investment trust raised £250m in a heavily over-subscribed C-share issue, giving the rapidly expanding peer-to-peer lending sector a further boost,” reported Joseph Mills in CITYAM. Crowdfund Insider’s JD Alois… Read More

USAA Enters Bitcoin Space, Invests in Coinbase’s $75M Series C Funding Round

coinbase

“USAA’s recent entrance into the bitcoin space may have been driven, in part, by interest in the technology among its own membership,” reported Stan Higgens from CoinDesk.  “The Fortune 500 financial services company, based in Texas, was among a diverse group of investors that took part in Coinbase’s $75 million Series C funding round, which was announced earlier… Read More

P2PFA Makes Announcement: UK P2P Lending Hits £1.3 Billion in 2014

Peer to Peer Finance Association P2PFA UK

The peer-to-peer lending industry in the UK lent more than £1.3 billion in 2014 according to new figures released today from the Peer-to-Peer Finance Association (P2PFA). The sector has now lent more than £2.1 billion in total, doubling in size since the end of 2013, says the trade body. The figures also show a growth in… Read More

Elsen Raises $400K Seed Funding for Fintech Platform: Accelerating Hedge Funds

elson

Elsen has closed a $400,000 round of funding for its financial technology platform, the company announced today. Elsen plans to use this capital to accelerate growth and add additional resources to its engineering team. Elsen offers a platform for bringing massively-parallel processing to financial data. Complex time-series calculations like Monte Carlo simulations and algorithms widely run… Read More

America’s First War Ship Doesn’t Weather Blizzard Juno: Crowdfunding for Tall Ship Providence on GoFundMe

tall ship providence

This week’s blizzard created havoc in the northeast, an in particular for the Tall Ship Sloop Providence which experienced excessive damage during the storm.  To pay for damage not covered by insurance, Tall Ship Providence Captain/Owner Thorpe Leeson and International Performance Artist Nichole Raab looked to raise 900K on GoFundMe to help set sail Tall Ship Providence again. The… Read More

Green Party Revolutionizes Political Party Funding Through Crowdfunder UK

Natalie Bennett Green Party leader autumn conference

The Green Party today launched a Crowdfunder UK campaign to fund standing a candidate in as many seats in England and Wales as logistically possible. Having previously committed to standing in 75% of seats in England and Wales[1], and already being close to achieving that goal, the party is democratizing the decision as to whether the party… Read More

Hong Kong, the (Solar) Spotlight Could Be On You. Are Regulations Holding You Back From Shining In It?

Sunset in Muskoka

  Hong Kong could shine along the lines of the U.S. and London as a solar finance hub, if it weren’t for the city’s financial laws, writes Bryane Michael, senior fellow at the University of Hong Kong law faculty’s Asian Institute for International Financial Law, in a recent article for the South China Morning Post…. Read More

Victory Lap: Indiegogo Touts Sundance Success of Dear White People

Dear White People

We all know that film and crowdfunding are perfect mates. Fans get to be a part of something they believe in and filmmakers get to create the movies they want without a nagging studio trying to turn it into a commercial disaster. While the investment side of the equation is still figuring things out, both… Read More

Funding Circle Passes £500 Million in Loans for Small Business

10£ Queen Elizabeth British Pounds

UK based business lender Funding Circle has reached a new milestone in peer to peer lending.  The 4 1/2 year old company has now topped £500 million in loans that have been provided for over 7000 UK SMEs in need of finance.   It took just shy of 4 years to hurdle £300 million, which they did in July… Read More