General News

Study: Small Businesses Still Struggle to Access Growth Capital Even with New Funding Methods Available

Private Capital Report Pepperdine 2016-infographic

Study by Pepperdine University and Dun & Bradstreet Indicates SMEs still dependent on Personal Resources, Friends & Family. Even while new forms of finance are on the rise, small business still struggles to find capital necessary to fund growth.  While SME access to traditional bank… Read More

Prosper Unveils Its Own Guide to Investing in Marketplace Lending

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This week, Prosper unveiled its very own guide to investing in marketplace lending. This news comes just days after announcing the launch of its new retail investor experience. The Prosper team revealed: “In today’s volatile economy, people are increasingly shying away from the stock market and seeking… Read More

Jaidev Janardana Reveals Zopa’s Reaction to the UK’s Departure from the European Union

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Following the announcement that the UK is set to leave the European Union (EU), CEO of Zopa, Jaidev Janardana, shared the peer-to-peer lending platform’s reaction to the shocking exit. Janardana revealed in a blog post: “With the UK voting to leave the EU, we’d like… Read More

Brief: Indiegogo Shows Off Pride Month Support Using Post-Its

Indiegogo

While enjoying Pride Month’s festivities, Indiegogo showed off its support for the LGBTQIA community in a fun way. The equity crowdfunding platform displayed colored post-its at its San Francisco headquarters. Indiegogo tweeted: Showing off our #pride with @3M post its! Stop by our office in… Read More

Brief: Thousands of Donors Offer Up $474,000 For LGBTQIA Projects Through Indiegogo’s Generosity Platform

LGBTQ

In celebration of Pride Month, Indiegogo has introduced a list of crowdfunding campaigns that support those in the LGBTQIA community on its sister site, Generosity. The global crowdfunding portal revealed on Twitter: For #Pride month we are spotlighting #LGBTQ#entrepreneurs & the impact on their communities… Read More

Prosper Launches New Retail Investor Experience

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Marketplace lending platform Prosper announced on Wednesday the unveiling of its new (and improved) retail investor experience. Stephen Smyth, director of product of Prosper, shared details about the new experience: “As the needs of investors continue to evolve, two things remain paramount – they want to… Read More

UK Angels Business Angels Association Announces 2016 Awards Shortlists

UKBAA Awards

This week, UK Business Angels Association (UKBAA) announced the shortlists for its self-titled awards. This event honors the impact of the UK Angel investment communities and features the 14 categories that award achievement in early stage growth and investment. The Gala Awards Dinner will take… Read More

Indiegogo’s Danae Ringelmann: “The Key to Thriving & to Making It All Happen is to Turn Those Obstacles Into Challenges” (Video)

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Co-founder and chief development officer of Indiegogo, Danae Ringelmann, recently sat down with CNBC to discuss the global crowdfunding platform’s growth over the years along with its beginning failures. During the interview, Ringelmann revealed that the funding portal was indeed rejected 90 times by venture capitalists before… Read More

Gust to Offer Equity Management for Startups with Acquisition of Sharewave & Preferred Returns

Stock Certificate

Global entrepreneurial ecosystem Gust has acquired Sharewave and Preferred Return in a push to provide affordable equity management solutions for early stage companies. The new product, named Gust Equity Management, will allow an affordable and “powerful cap table management and audit defensible 409A valuations” for young… Read More

Brief: Lendio Named a “Great Place to Work”

Brock Blake

On Wednesday, small business lending platform Lendio announced it was recognized as a Great Place to Work by the independent analysts at Great Place to Work. Lendio stated that it earned this credential based on extensive ratings provided by its employees in anonymous surveys. Brock Blake, CEO… Read More

CoAssets Appoints Chew Siang Chee As New CIO

CoAssets EPIC Malaysia 2015

Real estate crowdfunding platform CoAssets (NSX:CAX) announced on Wednesday that it has appointed Chew Siang Chee as its new CIO. Chee is known as winner of Asia’s Best Treasurer at the Corporate Treasurer Marquee Awards 2015 and has expertise in cross-border currency transactions. Chee, commented: “Prior to my… Read More

GlenWyvis Distillery Nears £1.5M Funding Goal During the Final Two Days on Crowdfunder UK

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With just two days left until its Crowdfunder UK campaign comes to an end, Scotland’s GlenWyvis Distillery has secured over £1.4 million from 1200 investors. As previously reported, GlenWyvis Distillery Community Benefit Society, based in the historic Highland town of Dingwall, is hoping to realize its long-held ambition to… Read More

GlobalCrowdTV Settles with SEC, Acknowledges Violations of Federal Securities Laws

Stop Fraud

Steven J. Muehler, operator of the Alternative Securities Markets, Blue Coast Securities and GlobalCrowdTV, has settled with the Securities and Exchange Commission while admitting the conduct violated federal securities laws.  The proceedings by the SEC came out of an apparent “scheme to defraud”  by Muehler…. Read More

British Business Bank Offers New Lenders An Enterprise Finance Guarantee Programme

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British Business Bank announced on Tuesday the launch of its new Entrepreneur Finance Guarantee (EFG) Programme that is exclusively for new lenders. The bank is aiming to increase the number and diversity of lenders offering EFG-supported facilities to smaller businesses by opening up the lender accreditation process. According… Read More

Only 3% of Venture-Funded Businesses Have Female CEOs? Alexandra Lebenthal & Stacey Bendet Launch BankRoll Women to Close Funding Gap

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“It’s time to start evening the playing field for women in business,” Lebenthal commented. Alexandra Lebenthal, who Fortune named “The New Queen of Wall Street,” has joined forces with alice + olivia CEO and Creative Director Stacey Bendet to create BankRoll Women, a company that will help women entrepreneurs at… Read More

Accenture Joins Israeli Fintech Hub “The Floor”

Moises Cohen

Between 2010 and 2015 global investment in fintech ventures has grown from $1.8 billion to $22.3 billion, according to Accenture’s latest report on the global fintech landscape. Accenture (NYSE:ACN) has joined a new fintech hub for start-ups based in Tel Aviv, Israel dubbed “The Floor.” As… Read More

Update: Tianqiao Chen Again Increases Stake in Lending Club, Up to 15.13%

Tianqiao Chen

Singapore-based private investment firm Shanda Group led Chinese billionaire Tianqiao Chen reported that Chen has raised his stake again in online lending platform Lending Club Corp following the recent ouster of founder and Chief Executive Renaud Laplanche. According to Reuters, Chen increased his Lending Club shares… Read More