Crowdfunding: From Impossible, to Improbable to Inevitable in less than 10 years

Mission Inevitable

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  It was not that long ago that the term “crowdfunding” entered into the common lexicon. Today we regularly watch, or read about, multi-million crowdfunding campaigns delivering the next big thing to supportive consumers who are willing to wait a bit longer to receive a perk,… Read More

Search Engine For Vacation Homes & Short-Term Rentals Tripping.com Closes $16M Series B Financing Round

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Tripping.com, a search engine for vacation homes and short-term rentals, announced it has raised $16 million in Series B financing from investors across New York, Silicon Valley, Asia, and Europe. This news coincides with the unveiling of significant growth statistics, including a 2,918% increase in… Read More

DICK’S Sporting Goods Stores & Foundation Partners With DonorsChoose.org to Support Youth Sports Nationwide

Youth Sports

DICK’S Sporting Goods (NYSE:  DKS), along with The DICK’S Sporting Goods Foundation, announced today a partnership with DonorsChoose.org, a crowdfunding platform for U.S. public schools. For the first time ever, DonorsChoose.org will feature a dedicated “Team Sports” section supporting public school athletic programs. The DICK’S Sporting… Read More

Amazon Rolls Out the Red Carpet for Startups with New “Launchpad” Feature

Amazon 2

Amazon today announced Amazon Launchpad, a new program that makes it easy for startups to launch, market, and distribute their products to hundreds of millions of Amazon customers across the globe. The program offers a streamlined onboarding experience, custom product pages, a comprehensive marketing package,… Read More

Innovairre Teams Up With Fundly to Deliver New Crowdfunding Solution

Handshake

On Tuesday, fundraising platform Innovairre, and crowdfunding provider Fundly announced a strategic partnership to deliver a funding solution as a part of Innovairre’s first of its kind software platform. This new crowdfunding module will be offered to Innovairre’s clients and prospects through Innovairre MC, the fully integrated fundraising… Read More

Onevest Hits Self-Crowdfunding Record; Appoints New CFO & Head of Deal Flow

Onevest

Onevest announced on Tuesday it is about to reach $2M in financing for its Series A round after self–crowdfunding on its own platform. The company’s round of funding has five days left on the platform before it closes. The platform launched the 506c offering to celebrate the implementation of Title IV… Read More

Powered Now Revisits Crowdcube for Second Crowdfunding Round: Secures over £144K in 24 Hours

powered now & crowdcube

Established in 2012 and based in the UK and Hungary, Powered Now focuses on developing software for business owners. Co-founders are the serial entrepreneurs and e-commerce trailblazers Chris Barling (who set up Actinic in 1996) and Benjamin Dyer, a software developer and former director at… Read More

Elio Motors Tops $25 Million Reg A+ Goal as More than 6000 Investors Express Interest

Paul Elio

Elio Motors is one of the first companies to take advantage of the new rules under Regulation A+ which went into effect on June 19th.  The new rules allow companies considering to raise capital under Reg A+ to “test the waters” to see if investors… Read More

Monetary Authority of Singapore Selects Former Citibank Exec Sopnendu Mohanty to Head Fintech & Innovation Group

Sopnendu Mohanty

The Monetary Authority of Singapore (MAS) has announced the formation of a new Fintech & Innovation Group (FTIG) to be headed up by former Citibank executive, Sopnendu Mohanty. Effective August 1, FTIG will be responsible for creating development strategies and regulatory policies around technology innovation… Read More

Stripe Lands New Funding & Signs Deal with Visa: Payment Platform Valued at $5B

Patrick Collison

Payments startup Stripe landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion. According to the announcement, Stripe signed an agreement with Visa to work on digital transactions such as website ‘buy… Read More

UK Reparo Finance Selects Mambu to Launch New Business Line: Targets SME Loan Market

UK

Mambu, the SaaS banking platform provider, today announced that Reparo Finance, an independently-owned business finance company  specializing in SME business lending, has selected Mambu to launch a new business line offering loans to small-to-midsize enterprises (SMEs) in the UK.  The company chose Mambu’s cloud-based platform… Read More


Dealstruck Forms Partnership with LendingTree

Dealstruck Approved

Direct lender Dealstruck has formed a partnership with LendingTree, an online loan marketplace. According to Dealstruck, LendingTree’s customers will gain access to Dealstruck’s multiple credit products. LendingTree has facilitated over 55 million loans to date. Dealstruck sited an example of Dennis Corrado who used a… Read More

Litigation Plaform LitCap Release 4.0.1 Streamlines Alternative Asset Funding For Lenders

Hugh J. Plummer, Jr.

On Tuesday, LitCap, a litigation funding technology platform that connects preeminent attorneys with lenders to facilitate case cost financing, announced its technology release 4.0.1. This release is considered an alternative asset funding of litigation financing for lenders. Britton Holland, COO and President stated: “LitCap’s release 4.0.1 significantly enhances… Read More

Cash Genie, a Payday Lender, Agrees to Pay £20 Million for Unfair Practices

Financial Conduct Authority Box FCA

Cash Genie, operated by Ariste Holding Limited, has agreed to pay over £20 million to over 92,000 former customers for unfair business practices. According to the Financial Conduct Authority (FCA), Cash Genie charged fees and interest which were unfair. The FCA gave the example of Cash… Read More

Kickstarter Alum BioLite Receives $5M During Series B Round to Fuel Growth in Off Grid Markets

Biolite

BioLite, a Brooklyn based social enterprise best known for turning cooking fires into electricity, announced today that it has raised $5 million in growth capital to accelerate the expansion of its off grid energy products. The funding consisted of a Series B equity round led by Acumen… Read More

GLI Finance Shows Solid Growth During Past 12 Months

GLI Finance Portfolio

GLI Finance, a portfolio company that operates multiple internet finance companies, states their platforms are experiencing solid growth as “SME finance opportunity continues to boom”.  GLI is publicly traded on the LSE. According to a company report, the GLI platforms leading the charge include; Finexkap… Read More

A Crowdfunded Movie About Crowdfunding Now On DVD And VOD: ‘Capital C’

capital c movie poster

  When filming a documentary about crowdfunding, crowdfunding seems only natural as the way to fund it. Enter “Capital C,” among the first crowdfunded feature-length documentaries about crowdfunding–or as the tagline states, “Crowdfunding. Crowdsourcing. Bottle Koozies.” “Capital C” successfully raised $84,298 with 586 backers on Kickstarter. For the documentary, filmmaking… Read More

Shadow Banking In China: Tighter Regulations Slowing Core Alternative Finance Activity, But Others Expanding More Quickly, Says Moody’s

shadow hand bird

  Moody’s Investor Service on Monday said that tighter regulations in China, which is Aa3 stable, have been successful in slowing the growth of core “shadow banking” activity. However, other alternative banking activities have been expanding more rapidly–a situation akin to pushing down on an inflating air mattress and watching the surrounding space rise… Read More

Gramovox’s Floating Record Secures Over $1.5 Million During the Final Hours on Kickstarter

Floating Record 4

With less than 24 hours until its crowdfunding campaign on Kickstarter comes to an end, Gramovox’s vertical turnable Floating Record has successfully secured over $1.5 million thanks to 4,000 backers. The Floating Record is described as a high-performance turntable that plays records vertically through built-in, dynamic, full-range… Read More

Remedy Partners Captures $50 Million During Series B Financing Led By Bain Capital Ventures

Steve Wiggins

Remedy Partners, a developer and manager of bundled payment programs for government and private health insurers, announced it has raised $50 million from Bain Capital Ventures during a Series B financing round. The capital will be used to support Remedy’s dramatic growth in new customers and partnerships…. Read More