Crowdfunding Portals

Indiegogo Teams Up With Heineken For “The Cities Project”

Heineken 2

On Tuesday, Indiegogo announced it has joined forces with Dutch brewing company, Heineken, for a new project known as The Cities Project. The global crowdfunding platform stated residents in New York, Chicago, Houston, Los Angeles and Honolulu are invited to submit projects they care about through Heineken’s Facebook page…. Read More

Brief: Iowa Residents Create Over 15,000 GoFundMe Campaigns & Raise $13.1 Million

Money

This week, crowdfunding platform GoFundMe released new data highlighting the giving community in Iowa. Iowans have started over 15,000 GoFundMe campaigns, raising $13.1 million from nearly 215,000 total donations. The GoFundMe team stated that the Des Moines Metro Area is considered the largest funding community in Iowa and has… Read More

First SE Asian Campaign on FundedByMe Hits Goal in 36 Hours

Halal Speed Dating

Sweden-based investment crowdfundin platform FundedByMe messaged its intent to start operations in Southeast Asia with the opening of an office in Singapore several years back. FundedByme became the first European-based platform to receive a license to operate in the region when the Securities Commission Malaysia approved… Read More

Mexican Online Lender Konfio Raises $8 Million Series A

David Arana, founder and CEO of Konfio

Fintech in Mexico continues to grow as Konfio has closed on an $8 million Series A funding round. Konfio is an online lender that finances micro-businesses in Latin America. Their mission is to boost regional economies with loans for young, promising businesses. The new funding… Read More

Southeast Asia Fintecher Jirnexu Raises $3M Series A Funding

Yuen Tuck Siew

Jirnexu, a bank and insurance company tech solution provider formally known as Saving Plus, raised $3M in Series A funding, according to a release. Funding will be used to drive product development, geographic expansion and recruitment across Southeast Asia, with Malaysia and Indonesia as priority… Read More

Cornwall Software Taps Philip Walker to Join Crowdfunder as CFO

philip walker

Philip Walker has decided to head to the UK after ten years guiding San Francisco tech start ups to join Crowdfunder as its new CFO. Tapped by Software Cornwall, a non-profit company that aims to develop the digital technology community in Cornwall, Crowdfunder UK Director Phil Geraghty commented on the… Read More

OnDeck Expands Lending Options for Small Businesses in Canada By Introducing New Line of Credit & Loan Terms

Canada Money

On Tuesday, Online lender to SMEs, OnDeck (NYSE:ONDK) announced it was expanding lending Canada’s small businesses by including a line of credit up to CAD$50,000 and loan term up to CAD$250,000 to help meet the growing needs of the country’s 1.1 million small businesses. In… Read More

AssetAvenue Goes Long: Adds 30 Year Fixed Loans to Real Estate Options

AssetAvenue You Are Approved

AssetAvenue has added another product to its portfolio mix: 30 year fixed rate loans. The real estate crowdfunding platform has added the new product due to customer demand.  The new mortgage option may be used to purchase single family homes, rental properties, multi-tenant, condos and… Read More

ArchOver & GapCap Sign Agreement to Share Future Business Opportunities

Angus Dent

ArchOver and GapCap have formed a strategic agreement where the two platforms will share future business opportunities. While not a merger, the Service Level Agreement (SLA) appears to be a step in that direction.  Both ArchOver and GapCap provide financing secured by receivables. ArchOver is a… Read More

Lending Club Finally Gets a Break as Tianqiao Chen Takes Stake in Marketplace Lending Firm

Tenquiao Chen

Lending Club (NYSE:LC) has been pounded by bad news this month. Following the announcement that founder and CEO Renaud Laplanche had resigned for alleged improprieties at the online lender, the bad news avalanche began.  One day it was a subpoena, the next it was a… Read More

Patch of Land Says Reg CF is Nice, But it is Not for Them

I love Real Estate Investing

Title III crowdfunding kicked off a week ago today (May 16th).  The launch of retail crowdfunding took a long, circuitous route to realization with much discussion and debate along the way.  The platforms that are leveraging the new securities exemption believe it is a viable… Read More

Seedrs Introduces New Fee Structure For Raising Funds

Money UK Europe Euros Pounds

Equity crowdfunding platform Seedrs recently announced its new fee structure for raising funds, known as Seedrs Nominee. The company stated, after listening to entrepreneur and investor feedback, it is looking for ways to make its portal more effective for everyone. Seedrs revealed the new simple tiered… Read More

Brief: CoAssets Announces “Risk-Free Crowdfunding” Program For Australian Investors

Canada UK US New Zealand  Australia

CoAssets (NSX:CAX), launched as a real estate crowdfunding platform in Singapore, announced on Monday its new risk-free crowdfunding that is available for Aussie investors. Following last month’s launch of the CoAssets Australia website in April 2016, CoAssets revealed it is offering new users the chance to trial… Read More

SyndicateRoom Easily Self Crowdfunds Series A Round at £3.1 Million. Predicts Future Billion Dollar Business

SyndicateRoom-10-million-raised 2

Leading UK based investment crowdfunding platform SyndicateRoom has closed its self-crowdfunding round having raised £3.1 million in growth capital.  The oversubscribed Series A round beat its original target of raising £2.3 million – a number that was topped in just 10 hours.  The offer benefited… Read More

Zopa Picks Up Loans for Phones in Partnership with UNSHACKLED

UK Payments iPhone Money

  Peer to peer lending platform Zopa has announced a new partnership with Unshackled to provide 2-year loans for consumers that seek to finance a mobile phone instead of purchasing the device. This new announcement follows news last week that Zopa was moving into the £12… Read More

RealtyMogul Tops $200 Million in Real Estate Finance. “Barely Scratches the Surface” for Asset Class

ReatlyMogul First to $200 Million

  RealtyMogul.com has topped $200 million in debt and equity in funded real estate crowdfunding. The platform is now the first site to surpass the $200 million milestone for US-based real estate finance.  The company also revealed it has now returned $40 million, in both… Read More

EthisCrowd Closes S$500,000 Seed Round. “First” for Islamic Fintech in Southeast Asia

Team EthisCrowd

Singapore-based EthisCrowd has closed a S$500,000 seed round for their Islamic real estate crowdfunding platform.  The funding round may be the first of its kind in Southeast Asia. The new capital was led by Azmi Global, a subsidiary of Asmi & Associates – a top… Read More

Jon Medved on Title III Crowdfunding: There are Certain Problems..

Jon Medved on CNBC

Jon Medved, founder and CEO of OurCrowd – an accredited crowdfunding platform, spoke to CNBC last week and addressed the launch of Title III or Reg CF crowdfunding. Medved, never one to mince words, stated there are certain problems with Reg CF, as it stands… Read More