Giving Small Businesses the Best Possible Chance of Succeeding when Crowdfunding

uk-london-flag-britain

Top Story

There is no question that the proliferation of various forms of alternative finance has proven vital for Britain’s scaling businesses attempting to secure growth funding. In the UK, the alternative finance industry traded a staggering £3.2 billion worth of business in 2015, an increase of 84%… Read More

Lending Club Chief Capital Officer Posts Reassuring Message to Investors

patrick-dunne

Lending Club (NYSE:LC) has been stocking up on new executive hires during the past several months. One of the recent hires, Patrick Dunne – a former Blackrock executive, joined this past July as Chief Capital Officer. Dunne plays an important role is communicating with both… Read More

Brief: PledgeMe Hits the Road Again For New North Island Tour

PledgeMe 1

On Thursday, New Zealand-based crowdfunding platform PledgeMe announced it was hitting the road again for a new North Island tour. This past spring, the funding portal conducted a “Tour de South Island” to share with orders the concept of equity crowdfunding. The PledgeMe team revealed:… Read More

Brief: Söderlund International Raises €565,794 on Invesdor For HUONE Hotel’s Singapore Location

Huone 4

Earlier this week, Söderlund International’s HUONE Hotel finished its equity crowdfunding run on Invesdor. The Helsinki-based firm secured €565,794 for the meeting and event hotel’s new Singapore location. To date, the HUONE Hotel has won a total of six awards, which includes Best Event Venue in Finland… Read More

UK Tea Brand Tiosk Secures £120,000 Funding Goal Days After Crowdcube Launch

tiosk-3

UK-based tea brand Tiosk successfully secured its initial 120,000 funding goal less than a week after launching its equity crowdfunding campaign on Crowdcube. The company sought to raise the funds as it prepares to develop its dry tea packaging and new products. Led by former directors of… Read More

Music Industry’s Abbey Konowitch, Rob Cavallo, & Tommy Tallarico Team Up to Launch RockmanaiaLive! Campaign on StartEngine

rockmanialive

On Monday, music industry leaders Abbey Konowitch, founder/executive producer and former record/television executive at MTV, Disney Music, and Madonna’s Maverick Records), Rob Cavallo, executive music producer, and Tommy Tallarico, creative director and creator of Video Games Live, teamed up to launch a new crowdfunding venture on… Read More

US Fintech Platform Remitly Secures $38M, Expands into Latin America

matt-oppenheimer

Remitly, an independent mobile remittance company in the US, announced its receipt of  $38 million in new equity and debt financing from IFC, a member of the World Bank Group, and Silicon Valley Bank. The financing will aid in the company’s expansion to deliver international fund transfers… Read More

inXile Entertainment Set to Launch Fig Initiative For “Wasteland 3”

wasteland-3

Nearly four and a half years after securing $2.9 million from 61,290 backers on Kickstarter for its video game Wasteland 2, video game studio inXile Entertainment is set to launch a crowdfunding campaign on Fig for the third game of the series, Wasteland 3. Wasteland 3… Read More

“Brentry” Brief: OurCrowd CEO Medved Comments on London Office

London UK Thames Bank District

“It is a no brainer as to where we should set up our first office in Europe,” commented OurCrowd Founder and CEO Jon Medved in a recent Finance Feeds post. “Britain is an increasingly interesting place, and very entrepreneurial. Israeli companies are choosing to set up in Britain and there… Read More

Overfunding: Child Safety App Azoomee Surpasses £450,000 Funding Goal on Crowdcube

Azoomee 3

With less than two weeks until its equity crowdfunding campaign on Crowdcube comes to an end, child safety app Azoomee has successfully secured its initial £450,000 funding goal and is nearing £525,000 thanks to over 175 investors. As previously reported, Azoomee allows children between the ages of… Read More

Indiegogo Teams Up With General Assembly, 500 Startups, TechStars, Startups.co & Rent the Runway to Present “Startup Fundraising 101”

Indiegogo-founders-L-R-Slava-Rubin-Danae-Ringelmann-Eric-Schell

On Friday, Indiegogo announced it has teamed up with General Assembly, 500 Startups, TechStars, Startups.co, and Rent the Runway to present Startup Fundraising 101, a guide that reveals the pros and cons of finding funding. The guide will also walk readers through crowdfunding, bootstrapping, and even… Read More


JPMorgan Chase Invests in InvestCloud: Announces Partnership For Digital Wealth Management

Jamie Dimon photo by Jurvetson (flickr) from Wikipedia

Last week, JPMorgan Chase & Co. (NYSE: JPM) announced it has made an equity investment in California fintech firm, InvestCloud. The banking giant also confirmed it has formed a strategic partnership with InvestCloud to accelerate its development of brand new digital capabilities for individual investors… Read More

CFPB Orders LendUp to Pay-up $3.63 Million in Refunds & Penalties

Red Card Penalty Fine Infraction

The Consumer Financial Protection Bureau (CFPB) has ordered LendUp to pay approximately $1.83 million in refunds and pay a civil penalty of $1.8 million. The enforcement action was taken as the “online lender did not help consumers build credit or access cheaper loans” as the… Read More

Pittsburgh’s Buvinger Building Nears Crowdfunding Goal on Small Change

Eve Picker

Small Change offers the crowd to partake in the revitalization and redevelopment of Pittsburgh real estate. Its Buvinger Building campaign launched earlier this summer is now headed toward the home stretch, closing in on its  $238,500 goal. At this writing, 85% of the funds, $203,250, have been raised by 13 investors…. Read More

Unocoin Finds Pre Series-A Pot of Gold, Raises Record Amount for Indian Currency Venture

unicorn

Unocoin, a Bangalore based Bitcoin startup, has raised $1.5 million in a Pre Series-A round, the highest total raised for a digital currency venture in Indian history, said the platform. Funding was sourced from Blume Ventures, Mumbai Angels and ah! Ventures along with prominent international investors such as Digital Currency… Read More

Fintech Startup Kyriba Secures $23M During Series D Funding Round Led By Bpifrance

Money in Wallet

California-based fintech startup Kyriba Corp. announced on Thursday it has successfully secured $23 million during its recent Series D funding round, which was led by Bpifrance. Additional investors included HSBC (NYSE: HSBC) and Daher Capital. The company stated it plans to use the funds to deepen its… Read More

Update: CityFALCON Selected to Join Octopus Labs’ Fintech Accelerator As Seedrs Initiative Nears £150,000 Funding Target

cityfalcon-2

Following the launch of its equity crowdfunding campaign on Seedrs, London startup CityFALCON has been selected to join Octopus Labs’ Fintech Accelerator program. As previously reported, CityFACLON has received awards from Twitter, Ontario, UBS, SB. The company stated it is redefining how financial news is… Read More

PledgeMusic Finalizes Set.fm Acquisition & Names Matt Peterson General Manager in Austin

Dominic Pandiscia

On Wednesday, crowdfunding platform for music, PledgeMusic, announced it has officially finalized its acquisition of Set.fm and has appointed founder and CEO of Set.Fm, Matt Peterson, as its Austin general manager.  Peterson will be reporting to PledgeMusic’s CEO Dominic Pandiscia. Launched in 2012 by Peterson, Set.fm allows… Read More