General News

FinTech Founder Matchup: Looking for a Co-Founder for Your FinTech Startup? This Event is Perfect for You.

FinTech and Money

Do you have an amazing FinTech startup concept? Are you looking for co-founders and mentors? Then this event is perfect for you. A week from today over 70 potential co-founders and dozens of mentors (with money) are gathering in New York City with the sole… Read More

leon-nanodrugs GmbH Secures €18.5M in Series A Financing Led By TVM Capital Life Science

leon-nanodrugs

Earlier this week, leon-nanodrugs GmbH announced that it completed the first closing of its Series A preferred stock offering at EUR 18.5 million. The financing was led by TVM Capital Life Science with participation from Signet Healthcare Partners (USA), LifeCare Partners (Switzerland), CD-Venture (Germany), and Albany Private Equity… Read More

Game Show Host Richard O’Brien Set to Return to Crystal Maze Following Indiegogo Success

Richard O'Brien

Nearly two weeks after the close of the Crystal Maze Indiegogo campaign, the game’s former host Richard O’Brien announced he will officially be returning to the set of the popular UK show. The Crystal Maze campaign kicked off on the platform this past June and… Read More

Brief: TradeGecko Acquires Leadership Talent from Redgate, TripAdvisor, and Google Following Series A Round

Cameron Priest

Fueled by $6.5M USD in Series A financing in April, TradeGecko, a cloud-based inventory and multichannel management platform for apparel and accessories, is leveraging its resources to become one of the fastest growing startups in Singapore. Since this spring, TradeGecko has increased its headcount by 25% and added… Read More

Colorado’s Equity Crowdfunding Law Is Set to Go Live August 5th

Governor John Hickenlooper gives his State of the State speech at the state capitol in Denver, CO.

Just four months after Colorado announced its equity crowdfunding law, the Centennial State’s government officials announced that its residents will be able to participate in equity funding projects starting this upcoming Wednesday. Governor John Hickenlooper signed the Colorado Crowdfunding Act into law back in April, which will allow the state’s… Read More

SlamData Raises $3.6M During Seed Funding Round to Build “Tableau” for NoSQL Data

SlamData

SlamData Inc., commercial developer of the SlamData open source project, today announced the company has raised a significant seed funding round led by True Ventures. The financing will be used to enhance the visual analytics and Enterprise capabilities of the project as well as expand… Read More

Complete Testimony on Crowdfunding by Doug Ellenoff to House Committee

Doug Ellenoff

    Doug Ellenoff, a leading attorney and advocate in the equity crowdfunding sector, visited our elected officials on Capitol Hill this past week to deliver an update on the status of crowdfunding in the United States.  Crowdfund Insider posted the video here, but unfortunately… Read More

New Castle County Council Dubs Delaware Home of “First” Crowdfunded Venture Exchange in the U.S.

New Castle County 3

New Castle County Council voted to unanimously approve the Delaware Board of Trade (DBOT) resolution, allowing for the issuance of $15 million in revenue bonds to fund the construction of a new stock exchange in the City of Wilmington. The bonds will be the obligation of DBOT and will not… Read More

Inafune’s “Red Ash” Receives Funds From FUZE Entertainment; Kickstarter Funding is For “More Content”

RED ASH  1

With only three more days until Red Ash’s Kickstarter comes to an end, it looks like the game will not receive its full $800,000. But no worries Keiji Inafune fans, the project will still get off the ground thanks to Chinese digital entertainment company FUZE Entertainment. The game, which… Read More

Funding Circle Announces Fee-Free P2P Investment Trust with Plans to Go Live in Autumn

Funding Circle Taking Over the World

Funding Circle, the SME peer-to-peer lender, announced that a fee-free investment trust will go live after the summer, according to CityWire‘s Gavin Lumsden. This will be the first fund launch from a lending platform and the company hopes the ‘no charge’ proposition will enable it… Read More

Exploding Kittens Creators Announce Shipping News & Secret Reward

exploding kittens

While backers continue to wait for the highly anticipated Kickstarter project, Exploding Kittens, the creators of the project have announced exciting news. Exploding Kittens is a highly strategic kitty-powered version of Russian Roulette. Players take turns drawing cards until someone draws an exploding kitten and loses the… Read More

PM David Cameron Backs the UK FinTech 2020 Manifesto: Aims to be Leading Global Fintech Centre

UK

UK Prime Minister David Cameron has backed the UK FinTech 2020 manifesto created by FinTech trade body Innovate Finance, according to a release. The manifesto, which was released as Cameron leads a trade delegation of British FinTech leaders to South East Asia this week, aims… Read More

InvestUp CEO James Tuckett Talks Crowdfunding: “2015 is a Watershed Year”

James Tuckett

This week Crowdfund Insider featured Chris Tyrell’s post “Crowdfunding is Impacting the Global Economy” and Rodrigo Niño’s post “Crowdfunding: From Impossible, to Improbable to Inevitable in less than 10 years,” James Tuckett, CEO of investUP adds to this exciting conversation below as he shares his insights in a release regarding… Read More

Startupbootcamp Holds First Singapore Fintech Demo Day: Blockchain and Wealth Management Seen Trending

startupbootcamp fintech

Startupbootcamp FinTech, a global accelerator focusing on financial innovation, hosted its first Demo Day in Singapore on 29 July for the top 11 FinTech teams selected out of 300 applications earlier this year. “Startupbootcamp FinTech is the first FinTech accelerator in Singapore and the only… Read More

Revlon Teams Up With Crowdrise to Launch LOVE IS ON Million Dollar Challenge

Love is on 2

Beauty brand, Revlon, announced on Thursday the second phase of its new philanthropic platform designed to have a greater impact on women’s health initiatives with the Revlon LOVE IS ON Million Dollar Challenge. The Revlon LOVE IS ON Million Dollar Challenge is inviting charities dedicated to three leading health… Read More

Marketplace Lender SoFi Earns AAA DBRS Rating; Prices $417.6M Securitization of Refinanced Student Loans

SoFi 2 Billion

SoFi, a marketplace lender, announced it has priced a securitization of $417.6 million in refinanced student loans. It also announced SoFi was considered the first fintech company to receive an “AAA” rating from DBRS and an “AA2″ from Moody’s for the senior notes, which equaled $387.3 million. Nino Fanlo, SoFi CFO/COO,… Read More

UK Equity Crowdfunding Platform Seedrs Raises £10M During Series A Funding Round to Launch in the U.S.

Seedrs Champagne 2013

Equity crowdfunding platform Seedrs revealed this week that it has raised £10 million during a Series A round led by Woodford Patient Capital Trust plc (WPCT) and Augmentum Capital. The funds will reportedly be used to launch into the U.S. market. According to TechCrunch, the platform previously captured $7.2… Read More

Credibly Establishes Educational Platform, In.Credibly, to Support the Growth of Small Business America

Credibly

Credibly, an emerging Fintech platform that leverages data science and analytics to improve the speed, cost and choice of capital available to all small and medium-sized businesses (SMBs), has launched a new educational platform, In.Credibly.com, to help businesses evaluate working capital needs. The resource hub is… Read More

Online Legal Service Marketplace UpCounsel Captures $10 Million in Series A Funding Led by Menlo Ventures

Upcounsel

UpCounsel, an online marketplace for legal services, announced it has secured $10 million in Series A funding to accelerate further adoption of its on-demand legal marketplace. New investor Menlo Ventures led the funding round with participation from previous investors including Homebrew and Metamorphic Ventures. The company has raised $13.9… Read More

DICK’S Sporting Goods Stores & Foundation Partners With DonorsChoose.org to Support Youth Sports Nationwide

Youth Sports

DICK’S Sporting Goods (NYSE:  DKS), along with The DICK’S Sporting Goods Foundation, announced today a partnership with DonorsChoose.org, a crowdfunding platform for U.S. public schools. For the first time ever, DonorsChoose.org will feature a dedicated “Team Sports” section supporting public school athletic programs. The DICK’S Sporting… Read More