General News

CCA Launches Reg CF Indices with Crowdnetic

Reg CF distribution by State July 2016

Crowdfund Capital Advisors (CCA), founded by Jason Best and Sherwood (Woodie) Neiss, has announced the launch of CCA Regulation Crowdfunding Indices win conjunction with Crowdnetic.  CCA states their data will be updated daily to depict a snapshot of growth in this new market. Crowdnetic has… Read More

Seedrs Success Poq Raises €3.6M During Series A Funding Round

Poq 2

Seedrs success and cloud platform, Poq, announced this week it has secured €3.6 million during a Series A funding round, which was led by Beringea with participation from seed investors Seedcamp and Venrex. The London-based  company, which raised £332,390 through the equity crowdfunding platform in 2014, is a commerce platform for retail apps… Read More

Brief: Dara Albright Media Announces FinTech Event Series

Dara Albright

Dara Albright Media announced on Thursday the launch of its new Fintech event series, which will reportedly focus on how investors of all sizes, businesses in all stages of growth, and financial services providers of all echelons stand to benefit from today’s fintech industry. The company… Read More

University of Pennsylvania’s Ethan Mollick Conducts New Study On Kickstarter’s Economy Impact

Ethan Mollick

This week, Professor Ethan Mollick of the University of Pennsylvania released its recent study on Kickstarter’s impact on the economy. The study revealed the following: Employed 283,000 part-time collaborators Created 8,800 new companies and nonprofits with 29,600 new full-time jobs Raised more than $5.3 billion for those… Read More

Heads Up: Givealittle to Start Charging 5% to Those Using Its Crowdfunding Platform

Givealittle

This week, Spark Foundation’s Givealittle announced starting September 1st it is charging a flat 5% fee, inclusive of goods and services tax (GST), on the amount raised by campaigns on its crowdfunding platform. The website declared in an official statement the soul purpose of the fee is to keep… Read More

OneVest Acquires FounderDating, Launches CoFounders Lab and Learning Center

Alejandro Cremades

Onevest announced today the acquisition of FounderDating to create one of the largest and leading networks of entrepreneurs and advisors, in combination with Onevest’s subsidiary, CoFoundersLab. “We are thrilled to welcome the FounderDating community into our entrepreneurial ecosystem,” said Onevest’s Executive Chairman Alejandro Cremades. “Small… Read More

Post Brexit: Confidence in UK SMEs UP. Confidence Elsewhere, Not So Much

Beware London UK Horses Guard

IW Capital and crowdfunding specialist Crowdfinders has published commissioned research on investor sentiment post Brexit.  According to their findings, support for SMEs remains strong in the face of uncertainty but confidence towards UK shares, government bonds, and property – has tanked. According to Lloyds Bank,… Read More

Big News: Kickstarter Preps to Open Doors For Singapore Campaign Creators

Singapore Downtown

This week, crowdfunding platform Kickstarter announced it is making prepares to open its doors for Singapore campaign creators.   Kickstarter is currently available in nearly 20 countries, including the US, Canada, UK, Australia, New Zealand, Ireland, the Netherlands, Sweden, Denmark, Norway, and Spain. Last year alone, the… Read More

Elevate Links with Victory Park Capital to Increase Credit Facility to $545M

Ken Rees

Elevate, a provider of online credit solutions for non-prime consumers, today announced it has increased its credit facility with Victory Park Capital (VPC), a privately held registered investment advisor dedicated to alternative investing, by an additional $100 million to a total of $545 million. “Elevate… Read More

Fully Funded! UK-Based CapitalRise Goes Live with Successful Eaton Square Belgravia Real Estate Crowdfunding Campaign

Uma Rajah

CapitalRise, a new property investing platform enabling everyday investors to sidestep middlemen and invest directly in some of the finest real estate, has not only gone live but has fully funded. According to the platform, CapitalRise differs from other platforms in that it offers higher… Read More

Online Lenders Policy Institute Event to Feature Congressman Patrick McHenry & Comptroller of the Currency Thomas Curry

Patrick McHenry DJ Paul

The Online Lenders Policy Institute is hosting its first “Marketplace Lending Policy Summit” in Washington, DC in September and they have two marquee names headlining the event. Congressman Patrick McHenry, an author of the JOBS Act and Fintech champion, will be one of the keynote… Read More

RealtyShares Investors Raise $1.2M For Northwest Jacksonville Apartments

Jacksonville

Real estate crowdfunding portal, RealtyShares, announced on Wednesday $1.2 million has been raised on its website to help finance the purchase and rehabilitation of a 76-unit multifamily property located in Jacksonville, Florida. RealtyShares revealed that the complex, which is sponsored by The Klutz Companies, received… Read More

Brief: Fundbox Launches New Smartphone App Nearly One Year After Achieving $50M in Equity Funding

Fundbox

Fundbox, a cash flow optimization tool for small businesses, announced on Tuesday it has officially launched its new smartphone app, which reportedly offers SMB owners the same features as the Fundbox web-based dashboard experience; a convenient one-click invoice financing solution and the ability to manage repayments. … Read More

Singapore’s Crowdo Receives CMS License for P2P Lending & Equity Crowdfunding from MAS

crowdo

Singapore-based crowdfunding platform Crowdo received its full Capital Market Services (CMS) license from the Monetary Authority of Singapore (MAS) for securities crowdfunding (SCF) to deliver P2P lending and equity crowdfunding, according to the platform’s blog, reportedly making Crowdo the first and only regional operator that can undertake licensed… Read More

News Corp VCCEdge India FinServ Insights: India Fintech’s 23 Deals Harvest $184 million

Nita Kapoor

News Corp VCCircle, Indian publisher of startup and private equity news, data and information, released News Corp VCCEdge India FinServ Insights related to funding in India’s Fintech sector, with a focus on segments of online personal finance and lending, reported BWDisrupt. News Corp VCCEdge, the financial… Read More

Indiegogo Shares Details About Newegg Partnership

Indiegogo-Newegg-electronics-crowdfunding

Last month, Indiegogo announced it had formed a new partnership with Newegg. The tech-focused e-retailer is now set to offer order fulfillment and promotional support to select campaigns on the crowdfunding platform. David Mandelbrot, CEO of Indiegogo, previously stated: “We’re thrilled to partner with Newegg to provide… Read More

WePay Crosses the Atlantic and Sets Up Shop in UK

Adam Smith Money UK

WePay, a “payment as a service” platform” has opened up offices in the UK to further expand its reach into the white label payment sector including crowdfunding and other marketplaces.  WePay already provides services to GoFundMe, a very large donations-based platform in the US. The… Read More

LendInvest’s Christian Faes Reflects on Brexit Decision Four Weeks Later & Announces Revised Lending Criteria

Christian Faes & Ian Thomas - LendInvest - March2016

Last week, CEO of LendInvest Christian Faes took to the website’s blog to reflect on the Brexit decision, which was voted on last month in the UK. Following the shocking vote to leave the European Union (EU), the largest peer-to-peer mortgage lender in the UK… Read More

Brief: Kristen Bell Reveals She Randomly Searches Through GoFundMe Pages At Night

Kristen Bell as Veronica Mars

While continuing to raise awareness for her new healthy food petition, Veronica Mars starlet Kristen Bell recently revealed to E! News her favorite pastime is looking up GoFundMe crowdfunding campaigns she can put funds towards. During her interview with the media outlet, Bell shared: “I… Read More