General News

Anonymous Campaign Organizer Reveals Darren Wilson’s Supporters Have Raised Nearly $500,000

Anonymous Ferguson

His days as a police officer may be over for good, but it seems Darren Wilson won’t have to worry about creating a new career anytime soon. According to MailOnline, an anonymous woman has gathered nearly 200,000 Facebook supporters for Wilson to help raise more than $500,000 through crowdfunding campaigns and merchandising. The woman told… Read More

More Ferguson Business Owners Turn to GoFundMe As Riots Continue to Destroy Shops

Ferguson Riots

As the city of Ferguson continues to experience riots and devastation following the jury’s decision to not indict police officer Darren Wilson for the killing of teenager, Michael Brown, more and more business owners are launching crowdfunding campaigns on GoFundMe for receive more help in repair costs. Like other Ferguson business, Natalie’s Cakes, which has… Read More

OneSpark Crowdfunding Festival Now Accepting Creator Registration for 2015 Event

OneSpark Check 2014

The “worlds largest crowdfunding festival” states there will be bigger awards for creator projects, exhibit in more venues and accept rewards-based crowdfunding contributions from anywhere in the world”. One Spark will offer official creators 13 different $15,000 awards, over 80 venues to showcase their projects in and free entry into the One Spark Speaker Summit. Financial resources offered… Read More

University of Tennessee Launches New Crowdfunding Platform For Students, Faculty & Staff Projects

University of Tennessee

Earlier this month, University of Tennessee in Knoxville launched a crowdfunding platform called the VOLstarter to offer an alternative way for students, faculty and staff to raise funds for on campus projects. According to Tennessee Today, VOLstarter links donors with opportunities to support specific projects and initiatives. Some of the projects already on the platform are: Freedom… Read More

CrowdfundingHub Founder Ronald Kleverlaan: Dutch Thought Leader on Alternative Finance Benchmarking Research

Ronald Kleverlaan Quote

As reported last week in Crowdfund Insider,  The University of Cambridge has teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe.  This benchmarking survey, which opened… Read More

Report: Lending to SMEs Declines as Banks Attempt to Ease Loan Process

Funding For Lending Scheme Q3 2014

The Bank of England has published its periodic report on lending and, once again lending to SME’s has declined.  Even as the Funding for Lending Scheme (FLS) added participants, net lending was slightly negative. The FLS is a stimulus program that was launched by the BOE in July of 2012 and was designed to incentivize… Read More

Affirm Wants to Disrupt Banking at the Point of Sale (Video)

Team Affirm

Founded by one of the PayPal creators, Max Levchin, Affirm is another company that sees opportunity in confronting the monolithic banking industry. Affirm wants to hook up with consumers at the point of purchase. Instead of purchasers buying products using a credit, a process that can entail pretty stiff interest rates, Affirm will beat the… Read More

Austrian Chamber of Labour Report on Crowdfunding

Imperial Palace Austria

The Chamber of Labour in Austria (AK) strives to represent the interests of 3.4 million employees and consumers in the country.  Basically the organization focuses on social and economic policy and engages in political discourse to advocate on behalf of their constituents. The below document falls under the category of “recently found” as it was… Read More

Code of Conduct for French Crowdfunding Association

Financement Participatif France

The below document is a presentation by a French crowdfunding advocacy group: Financement Participatif France (FPF).  This document was delivered to the EU’s European Crowdfunding Stakeholders forum this past September.  The FPF adopted these parameters in April of 2014.  France released final investment crowdfunding regulations this past October. In brief the code incorporates: Members feel… Read More

Brief: Peer to Peer Platform, eMoneyUnion, Confirms Regulatory Status of Crowdfunded Consumer Secure Loans

10£ Queen Elizabeth British Pounds

Since launching its peer to peer platform for consumer secured loans, there has been press and in-depth regulatory dialogue, leading to re-confirmation, to all borrowers and lenders that eMoneyUnion do not carry out FCA regulated mortgage activities. The loans originated and transacted on the platform are done so under the Financial Services and Markets Act… Read More

EDITION F Quickly Gains Momentum on Companisto: Platform Targets Women, the Demographic that Makes 80% of Global Purchase Decisions

Portrait Edition F

Women are the demographic that makes 80% of global purchase decisions, according to a Nielsen study.EDITION F, the leading business and lifestyle platform for women, targets and taps into the career-oriented women and modern men demographic providing incisive articles in online magazines, career-enhancing contacts in the community,  job opportunities, business fashion as well as interesting business… Read More

Told Her Product “Would Never Go Mainstream”, Entrepreneur Raised Over $250K on Kickstarter & Today GoldieBlox is in 6000 Stores (Video)

GoldieBlox Thanksgiving Day Parade

  Stanford educated engineer and successful entrepreneur Debbie Sterling is the epitome of crowdfunding success.  Her crowdfunding campaign on Kickstarter was launched in 2013 seeking a raise of $150,000 to take her toy GoldieBlox into production.  The campaign closed 30 days later at over a quarter million dollars thus validating her product and – importantly… Read More

Bakery Damaged in Ferguson Riots Raises Over $200,000 in One Day on GoFundMe

Natalie Dubose

The events surrounding the shooting death in the small town of  Ferguson, Missouri have certainly been tragic and unfortunate.  But occasionally some events that inspire rise to the surface contrasting despair with hope.  Natalie’s Cakes and More, operated by Natalie Dubose from Ferguson, saw here business damaged during the riots at the peak of her… Read More

China Based Formax Announces Alternative Trading Platform

Formax

In a public release Formax has announced a new “trading community” that seeks to become a “one stop shop” individual trading platform.  Formax states it has collaborated with 6 securities firms in China that aggregates various asset classes including peer to peer lending.  China is currently the largest P2P lending market in the world. “JRQ… Read More

PwC Warning: Banks Gotta Change … Or Else

Disaster Thud Kaboom

PwC Rings Warning Bell as Banks Face Possible Demise. “We are surely looking at the end of the market and banks as we currently know them”.  As part of a report from a recent Peregrine Perspectives panel, an event that was organized in advance of George Osborne’s autumn statement, the comment was made; “we are… Read More

Scam Alert: Alleged Bone Cancer Patient Shuts Down GoFundMe Campaign After Being Busted With Bogus Photos

Fish 3

Earlier this month, an alleged Iraq war veteran known as Kevin Fish debuted his crowdfunding campaign on GoFundMe to raise $4,000 for what he noted to be his final trip to his family in Louisiana before he died from bone cancer. Fish shared on the campaign’s website, “I am fighting bone cancer and it’s not… Read More

UK Peer to Peer Finance Association Creates New European Associate Membership

Europe

The Peer to Peer Finance Association (P2PFA) has created a new type of membership targeting the wider audience of Europe. The “Associate European Member” is available for P2P lending applicants  within the European Economic Area. Accepted members will receive certain benefits, specifically; A bi-monthly e-newsletter from the P2PFA with membership news, details of industry events,… Read More

Blood Sport Gaming System Gets the Axe By Kickstarter Just Six Days Into Its Crowdfunding Camapign

Blood Sport 3

Last week, co-founders of Canadian-based company Blood Sport launched a crowdfunding campaign on Kickstarter to raise $250,000 for its new self-titled gaming system known. The description of the system is pretty much self-explanatory, with Blood Sport, the programmers take the consequences of the gaming world and have them actually affect you in real life. That’s… Read More

SEC Commissioner Gallagher: Millionaires Can Fend for Themselves

SEC Why Should We Spend Limited Resources on Millionaires Gallagher

  Last week I had the opportunity to attend the 2014 Government-Business Forum on Small Business Capital Formation in Washington D.C. where Commissioner Daniel M. Gallagher gave his opening remarks after the first panel. In what I can only refer to as a “mic drop” moment, he brought the audience to instant applause when we… Read More

Panono Secures 626% Goal on Companisto: 360° x 360° Throwable Camera Nears Photo Finish

Jonas Pfeil

Panono has successfully made the leap from Indiegogo hit to equity crowdfunding success on Campanisto, securing over € 626,280 with the confidence of over 870 investors. The Berlin, Germany-based Panono raised $1.25 million in a rewards based campaign this past January and remains one of Indiegogo’s top funded campaigns of all time. As reported by Crowdfund Insider‘s JD Alois, “The investment… Read More