Peer to Peer Lending: Taking The Fear Out Of “Shadow Banking”

The Truth About Shadow Banking

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For years now, big bank lenders have warned the public about the dangers of dealing with “shadow” (i.e. non-bank) lending institutions. The term itself conjures up images of shady back-room deals where you’re handed money in a paper bag and told to pay it back… Read More

LendKey Announces $8M Venture Debt Line from Silicon Valley Bank & $125M Commitment from Credit Union Network

lendkey

LendKey Grand Slam: Hits 35,000 Customers, Expands Management Team, $8M venture debt line from Silicon Valley Bank and Raises Additional $125M Commitment From Network of Credit Unions LendKey, the Lending-as-a-Service platform that connects borrowers with credit unions and banks, today announced several key growth milestones. The… Read More

Restaurant Payment App Cake Raises £300,000 in First 24 Hours on Crowdcube

Cake Founders

London based startup Cake launched an £ 800,000  Series A crowdfunding round on Crowdcube and they are off to a solid start having topped £300,000 in the first 24 hours. As of today, 21 investors have funded the round with the largest committing £100,000. The offer… Read More

‘It’s A Lot Of Money….Enough For Us To Build What We Wanted To Build”: Dianrong.com CEO On New Valuation of ‘About’ $1 Billion

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A major Chinese peer-to-peer lender, Dianrong.com, now claims a valuation of “around” $1 billion, due to its latest round of fundraising, according to the company’s CEO, Soul Htite, in a conversation with CNBC (Reuters also contributed to the story). U.S. investment firm Tiger Global was the source… Read More

Notion Home Monitoring System Closes $2 Million Funding Round Following Kickstarter Success

Notion

Notion, a home monitoring system that is benefitting from the boom in the Internet of Things (IoT) development, has closed a $2 million funding round.  Notion successfully raised over $280,000 on Kickstarter in the summer of 2014 and then transitioned into a pretail campaign.  The… Read More

Access Investors Forms New Partnership With WealthForge

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On Wednesday, Access Investors Network and WealthForge announced a collaboration to foster a new era of private investing by allowing Access members to invest online in deals previously only available to finance industry professionals and firms. Access Investors, an invite-only crowdinvesting platform that enables members to invest… Read More

French Crowdfunding Campaigns Are Live on Kickstarter

Kickstarter France

On Wednesday, famous crowdfunding platform Kickstarter debuted the first crowdfunding campaigns from French inventors. Kickstarter announced: “Our European expansion continues! A few weeks ago we announced that Kickstarter was coming to France, and now the day has come for French projects to launch. We’re so excited to… Read More

Voters Have Hit Indiegogo With a Mission to Remove Alistair Carmichael From Parliament

Alistair Carmichael 1

Following his unethical actions during the recent elections, UK voters have taken to Indiegogo to raise 60,000 to remove Alistair Carmichael from his position as Orkney and Shetland’s Member of Parliament. According to The Guardian, Carmichael admitted he was responsible for an election leak intended to discredit the… Read More

Australia’s H2 Ventures Seeks to Raise A$10M to Launch 100 Early-Stage Fintech Startups

Australia Flag

Australia’s H2 Ventures, a newly-established fintech-focused digital design and investment firm, plans to raise a A$10 million war chest to fund the launch of 100 early-stage fintech startups over the next three years. The firm, set up by former AWI Ventures alumni Ben and Toby… Read More

Bitcoin ATMs: Providing Virtual Currency to Canada’s Simon Fraser University

bitcoin

Bookstores at each of Simon Fraser University’s three campuses in Vancouver, Burnaby, and Surrey, will now accept bitcoin for the payment of retail transactions, and virtual currency machines will be installed in these locations, allowing the student body to purchase the virtual currency. “As a… Read More

Former Developers of BioShock & DeadSpace Launch Kickstarter Initiative For New First Person Horror Video Game

Perception 6

Ready to unleash their newest project, Boston’s The Deep End Games has launched a Kickstarter campaign for horror-themed video game, Perception.  The team, which is made up of developers of BioShock and DeadSpace, revealed that Perception offers a bold and fresh take on first person narrative games. The description reads: “Perception is a first-person narrative horror… Read More

UNYTE Swiftly Secures Over 101K€ in Equity Crowdfunding on Companisto: Paulus Neef Believes Yoga Is for Everyone!

unyte yoga

UNYTE: Yoga for everyone! launched its Companisto equity crowdfunding campaign, quickly raising over 101,470€ of its 200,000€ goal with the help of over 73 backers. Funding will be used to open the first UNYTE flagship studio in Berlin. Additional funding will be tapped by several sources, including the initiators’ own… Read More

Canadian Financial Technology Platform FrontFundr Launches To Provide Investors & Companies Access to a New Capital Market

FrontFundr

Today, Canadian financial technology platform, FrontFundr launched with a  promise to unlock a new capital market and allow regular people to invest in private companies. FrontFundr uses technology to enable entrepreneurs to raise money from a broad investor community. This is an opportunity for the… Read More

Report: If You Crowdfund Your Company, You Keep More of Your Equity

One Pound UK £

According to a report published by Beauhurst, companies that utilize equity crowdfunding end up selling a smaller stake in their company to shareholders. The document compared equity crowdfunding platforms in the UK to their counterpart Angel and VC groups.  The difference between traditional finance and… Read More

Partech Ventures Leads €10MM Financing Round For Foreign-Exchange Platform Kantox

foreign exchange

Partech Ventures announced on Wednesday it has co-led a new €10MM financing round in Kantox, a foreign exchange services provider for SMEs and mid-cap companies. Philippe Collombel, Managing Partner at Partech Ventures and Kantox board member, stated: “With our 2nd significant investment in 18 months, Partech Ventures… Read More

London’s Mouldable Glue Company Sugru Launches Crowdcube Campaign To Raise £1M for New Market Expansion

Sugru 3

Ready to bring its products to consumers everywhere, London-based mouldable glue company, Sugru has launched an equity crowdfunding campaign on Crowdcube to raise £1M for complete global expansion. Surge is described as mouldable glue that makes fixing things easy. Simply stick it, shape it and it turns… Read More

Peer-to-Peer Lender eMoneyUnion Appoints Derek Zissman, Sir John Hegarty and Tom Teichman to Its Team As Part of Six-Figure Investment

Tom Diechman

Peer to peer lender, eMoneyUnion, announced this week the appointment of KPMG’s Derek Zissman, Bartle Bogle and Hegarty’s Sir John Hegarty and venture capitalist Tom Teichman to it team. As part of that appointment, the three will also be making a six figure investment. Founder of eMoneyUnion,… Read More

Crowdfunding Industry Fights Back: Issues Statement Opposing State Lawsuit to Block Regulation A+

Knock Out Punch

CFIRA and CfPA Issue Joint Statement Regarding Lawsuit Against the SEC to Block Implementation of Regulation A+, Title IV of the JOBS Act In a joint statement released today by the leadership of crowdfunding industry associations Crowdfunding Intermediary Regulatory Advocates (CFIRA) and the Crowdfunding Professional… Read More

CoAssets, FundedByMe & New Union form Crowdfunding Partnership in Singapore

Singapore Downtown

Three crowdfunding platforms have come together in a strategic alliance to boost market dominance in Southeast Asia.  CoAssets, FundedByMe, and New Union each based in Singapore, specialize in different aspects of Crowdfunding. CoAssets is targeting the real estate vertical.  New Union is a debt based… Read More

Now Live: PetFundr, One Of The World’s First Animal-Only Crowdfunding Platforms

Darcy Wintonyk

From lolcats to Tiny Hamsters Eating Tiny Burritos, the cute, fuzzy and furry meowing at the door or loopily chasing their tails outside have a special draw on the Internet. Now, PetFundr, one of the first crowdfunding sites solely dedicated to animal welfare, is live, thanks to a successful partnership with… Read More