Crowdfunding Portals

Money&Co. Said to Set First Year Record on Pure P2P Lending

nicola horlick

Young peer to peer lending platform, Money&Co., founded by City Super Woman Nicola Horlick, believes it has set a record of sorts.  The direct lender was launched in the spring of 2014 and to date has facilitated about £6 million in loans. According to Money&Co.;… Read More

MYBank, a Privately Owned Internet Bank in China, is Set to Challenge Traditional Banks

MYbank logo

MYBank, a new online only bank, is poised to challenge China’s state owned banks with its 100% digital, branchless banking operation that will serve customers 24 hours a day. This is one of China’s first privately owned internet banks as China pushes forward in the… Read More

Crowdcube Co-Founder Luke Lang Talks Crowdfunding & Its Benefits

crowdcube-founder-luke-lang

Offering up his insights about crowdfunding, Crowdcube co-founder Luke Lang sat down with International Business Times to share details about the funding method and why so many are turning to it for their businesses/projects. While discussing the difficulties entrepreneurs have to finding angel investors to give to their… Read More

FSCS Deposit Limit to be Lowered. RateSetter Believes their Provision Fund is Better

FSCS Savings Protected

The new FSCS deposit limit will kick in on January 1st, 2016.  The limit for individuals is being lowered from £85,000 to £75,000 to be in line with the European Union Deposit Guarantee Scheme which is designed to “harmonize” the limit across Europe to €100,000.  The… Read More

Children of Fallen Patriots Foundation Launches Patriot Pledge Crowdfunding Campaign on Crowdrise

Patriot Pledge 2

Impacting the lives of military families across the nation, Children of Fallen Patriots Foundation (Fallen Patriots) seeks to bridge the gap in the cost of college education for children who lost a parent in the line of duty. Beginning today, Fallen Patriots is kicking off its… Read More

New Zealand’s Equity Crowdfunding Platform PledgeMe Seeks $250,000 During Second Funding Round

PledgeMe

On Friday, New Zealand’s equity crowdfunding platform PledgeMe announced the launch of its second round of funding. It is currently seeking to raise a minimum of $250,000 so that it can continue its expansion. CEO Anna Guenther stated the crowdfunding platform has seen massive growth since its… Read More

Sister of Alleged Charleston Shooter Creates GoFundMe Campaign For Postponed Wedding & Honeymoon; Cancels After Four Days

Amber Roof 2

Amber Roof, sister of the alleged Charleston Church shooter, Dylann Roof, recently launched a crowdfunding campaign on GoFundMe to raise $5,000 for her wedding to Michael Tyo along with honeymoon. Last month, Dylann walked into Emanuel African Methodist Episcopal Church and killed nine people, including the senior pastor, state senator Clementa… Read More

New York City-Exclusive Crowdfunding Platform CityFunders Seeks Investors For Long Island City Rental Project

Residental Property

This week, New York-exclusive real estate crowdfunding platform, CityFunders, announced it is seeking investors for a new residential project located in Long Island City. The crowdfunding platform was founded by Jerry Swartz, Ayush Kapahi, along with brothers Albert and David Behin and launched last month. The platform is… Read More

Indiegogo Backers Raise Over $1.4M to Help Greece During Financial Crisis (Infographic)

Greece Debt 1

Hoping to gather more backers to the cause, Indiegogo revealed how much a campaign supporting Greece has raised since the country missed its €1.6 billion ($1.8 billion) payment due to the International Monetary Fund. The famous crowdfunding platform shared: “The debt crisis in Greece has been all over the news… Read More

Brief: Peer-to-Peer Entrepreneurs’ Organization Appoints Gilberto Crombe As New Global Chairman

Gilberto Crombe

On Wednesday, the Entrepreneurs’ Organization (EO), a peer-to-peer community of entrepreneurs, welcomed Gilberto Crombe as its new chairman of the global board of directors for FY2015/2016. Crombe’s tenure as chairman will focus on bringing together EO’s global network while driving the organization’s strategic initiatives—and the leading entrepreneurs it… Read More

Proto Labs Adds Indiegogo’s Andrew Erlick to 2015 Cool Idea! Award Judge Roster

Andrew Erlick

Rapid manufacturer Proto Labs has announced the addition of Andrew Erlick, Director of Hardware, Design and Technology at Indiegogo, to its Cool Idea! Award panel of judges. The award program, in its fifth year, was established to help product designers and engineers bring useful concepts… Read More

Crowdcube #FundedClub Receives Recognition From the UK Business Angels Association

Crowdcube

Following its “Pitch to Rich,” equity crowdfunding platform Crowdcube announced that its #FundedClub has been recognized by the UK Business Angels Association. The website shared: “The UKBAA Angel Investment Awards is a celebration of the acievements of some of the UK’s most exciting angel-backed businesses and angel investors. This… Read More

Brief: RCS Capital Forms Agreement With Lenders to Covenant Modifications

RCS Capital

RCS Capital Corporation (NYSE:  RCAP) (“RCS Capital”) announced on Tuesday that it has agreed with its first and second lien lenders under its existing credit facilities to certain leverage ratio covenant amendments in addition to other modifications. Michael Weil, Chief Executive Officer of RCS Capital, commented: “We… Read More

DonorsChoose.Org Announces National Back-to-School Partnership with Burlington Stores

Charles Best

According to a survey by the National School Supply and Equipment Association, public school teachers spend $1.6 billion out of pocket each year for supplies and gear for their classrooms. To help alleviate these expenses and ensure that children in every community have the tools and experiences… Read More

Do You Really Need a Business Plan? Bill Morrow of AngelsDen Thinks Not (Video)

Bill Morrow

This one falls under the category of recently discovered.  Bill Morrow, co-founder and Director of AngelsDen, a crowdfunding portal that has raised over £18 million for business believes “those who ask for business plans are doomed to fail”.  Now Morrow is not just being glib…. Read More

P2P Lender Landbay to Fund Keystone Buy to Let Mortgages. Expects to Lend £200 Million through 2016

Landbay houses

Yesterday Keystone announced its three-year funding agreement with Aldermore Bank, had ended. Today it has formed a partnership with Landbay to lend and estimated £200 million through Keystone in 2016. This is significant boost for Landbay, a company that has been in operation a bit over… Read More

Brief: Sony Announces New Crowdfunding Platform For Employees’ Business Ideas

Kazuo Hirai 1

Giving employees a chance to share their ideas, tech giant Sony announced its very own crowdfunding platform, First Flight, that’s dedicated to plans inside its company. According to Wall Street Journal, although Sony has resolved its financial issues and expects to make a huge comeback… Read More

Darren Westlake Talks Crowdcube Success & Crowdfunding Growth

Darren Westlake CEO Crowdcube

Giving others an insight on the crowdfunding industry, Crowdcube’s Darren Westlake sat down with Business Money to discuss the UK platform and the funding method’s growth. During the interview, Westlake revealed that he is on a mission to bridge the gap between old school investors and new… Read More

United We Conquer: Alternative Business Funding Provides Single Platform to Match SMEs to Sources of Capital

alternative business funding

Alternative Business Funding (ABF) has a growing portfolio of members each with a service to provide access to capital for SMEs. The internet finance providers range from debt to equity, short to long term loans, and more.  The list of collaborators is a who’s who… Read More

CircleBack Securitizes $106 Million as Marketplace Lending Grows

Marketplace Lending peer to peer

CircleBack Lending has completed its first securitization of consumer loans. The company reported $106 million was completed by Jefferies, an investment banking firm.  CircleBack revealed an agreement with Jeffries in 2014 to securitize up to  $500 million in loans in the coming years.  CircleBack stated… Read More