Rooster Teeth Begins to Ship Kickstarter Success “Million Dollars, But…” Game

A Million Dollars, But 2

Less than a month after closing the highly successful Kickstarter initiative for the new game, Million Dollars, But…,  Rooster Teeth has begun the shipping process. Million Dollars, But… is described as a game that puts the player’s morals and imagination to test by posing the common… Read More

RealtyShares Releases Data on Crowdfunding Projects Throughout Florida (Infographic)

Tampa

On Tuesday, RealtyShares unveiled interesting data on crowdfunding projects that originate from the state of Florida. The website reports that it has leveraged its network of 20,000 investors to help fund more than 200 properties in Florida for $28.1 million. Mark Masterson, director of investments… Read More

RealtyShare Reports: Real Estate Crowdfunding Offers Potential Opportunity to Diversify Following Brexit Decision

Arash Sotoodehnia

Following the UK’s vote to depart from the European Union (EU), the team at crowdfunding portal, RealtyShares, revealed their thoughts about the shocking decision. Arash Sotoodehnia, RealtyShares chief credit officer, stated: “The uncertainty around what happens next as Britain begins the process of negotiating her… Read More

OurCrowd Announces Dates For the Third Annual Global Investor Summit (Video)

Jon Medved at Global Summit 2016

On Tuesday, Israel’s equity crowdfunding platform OurCrowd announced the dates for its third annual Global Investor Summit. Sharing details about the event, the OurCrowd team explained: “The OurCrowd Global Investor Summit is one of the leading events in the Israeli high-tech industry. Over the last… Read More

Metropolitan Equity Partners Invests $20 Million in Bizfi

Stephen Sheinbaum LenditUSA 2016

Bizfi has received a $20 million investment from Metropolitan Equity Partners.  Details on the exact structure of the investment was not provided.  The investment by Metropolitan is an increase from the $65 million committed by the company this past December. Bizfi is an aggregation platform… Read More

Live Sharks Tank Presents DreamFunded with Equity CrowdFunding Platform of the Year Award

mannyfernandez1-1

Last Friday, Dreamfunded was presented the “Equity Crowdfunding Platform of the Year” at the 3rd anniversary of Live Sharks Tank in San Francisco. According to the funding portal, the Equity CrowdFunding Platform of the Year award honors websites that notably “transform” equity crowdfunding into the industry standard… Read More

What A Melon Dubbed Winner of The Crowdfunder Award

Winner-what-a-melon-

On Tuesday, Crowdfunder UK announced What a Melon was named winner of the 2016 Crowdfunder Award. This award was offered during the UK and Ireland’s pitch competition,  VOOM 2016. According to Virgin Media Business, the competition gives entrepreneurs and small and medium-sized businesses the opportunity to… Read More

Y Combinator Startup Wheelys Cafe Funds in “Record Time” on FundedByMe

Coffee Croissant Breakfast

The Wheelys Café campaign launched on FundedByMe on Monday, June 27th, has confirmed more than €350,000 from 78 investors in the first 18 hours. This is according to information provided by FundedByme. Wheelys Inc is a Swedish Y Combinator startup operating “hi-tech organic bike cafés in 50 countries.”… Read More

Lending Club Annual Meeting is Today, Announces Reduction of 179 Employees on Lower Loan Volume

lending-club-620x350

Lending Club (NYSE:LC) will be holding its annual meeting today.  Originally the meeting was scheduled for June 7th, the annual meeting was rescheduled for today (June 28, 2016) as it was not yet in a position to provide its shareholders a complete report on the… Read More


It’s Official: Scott Sanborn is Named CEO of Lending Club

Scott Sanborn 2

Scott Sanborn, previously named “Temporary” Chief Executive Officer of Lending Club (NYSE:LC), may now remove the temporary portion of his title.  Sanborn is now the CEO of Lending Club following a decision by the Board of Directors.  The Board has tasked Sanborn with transforming the… Read More

Cambridge Centre for Alternative Finance Launches First Industry Study for Middle East & Africa

Cambridge CCAF Middle East Africa Study

  Inaugural Middle East & Africa Alternative Finance Benchmarking Study. The Cambridge Centre for Alternative Finance at the University of Cambridge Judge Business School is launching its first Middle East & Africa Alternative Finance Benchmarking Study. This study on alternative finance follows the successful publication of… Read More

Legal Experts Respond to SCOTUS Decision Not to Review Second Circuit Madden vs. Midland Decision

Midland vs Madden Supreme Court 2

Reactions to the Supreme Court decision declining to review the Second Circuit court decision regarding Madden vs. Midland are starting to crop up. The case is one that is being widely watched by the marketplace and online lending industry. Vincent Basulto, a partner at Richards… Read More

SEC Seeks to Scale Disclosure Requirements

mary jo white November 2015

The Securities and Exchange Commission has proposed amendments that would increase the financial thresholds in the “smaller reporting company” definition. The proposal is in recognition of the fact that smaller firms are not as well-equipped and financed to endure the costly reporting requirements. “Raising the… Read More

Pebble’s Third Crowdfunding Campaign Nears $12M During the Final Week on Kickstarter

Pebble 2

With its third Kickstarter campaign set to close on Wednesday, tech startup Pebble has successfully secured nearly $12 million from over 62,700 backers. Pebble launched the campaign on the funding portal last month to raise $1 million for its new products,  Pebble 2, Time 2, and… Read More

Olga Kurylenko to Star Alongside Antonio Banderas in Equity Crowdfunded Film “Salty”

Salty

Olga Kurylenko has reportedly signed up to join the cast of the equity crowdfunding film, Salty. This news comes nearly two months after Antonio Banderas signed up to star in the upcoming movie. As previously reported, the project first appeared on SyndicateRoom in 2014. The offer allowed smaller… Read More

Brief: GoFundMe Reports Over 175 Campaigns Donate $150,000 to Support West Virginia Flood Victims

West Virginia

Over the weekend, crowdfunding portal GoFundMe announced that 175 initiatives have successfully raised over $150,000 for the victims of the West Virginia floods. The funding platform shared: ” On June 23, 2016, a historic flood hit West Virginia, leaving 24 individuals dead, destroying homes and… Read More

Brief: Cool Mini or Not’s “Massive Darkness” Surpasses $2M on Kickstarter

Massive Darkness 1

Cool Mini of Not‘s 24th Kickstarter is continuing to find success! The initiative, which is for the company’s newest game, Massive Darkness, has surpassed $2 million thanks to over 14,000 backers. As previously reported, Massive Darkness is described as a dungeon crawl board game without a game master and… Read More

Ohio based SunDown Group Forms Investment Club on Wefunder

Reg CF Title III

SunDown, a regional entrepreneur ecosystem based in Ohio, has created an investment club on Wefunder.  In a note to followers SunDown stated they were into the equity crowdfunding game to help invsetors “de-risk” their participation. SunDown stated; “The new equity crowdfunding rules and platforms are going… Read More

Luxury Sex Toy Startup Crave Secures Funds From CircleUp and AngelList During Series B Funding Round

Vesper 3

San Francisco luxury sex toy startup, Crave, announced on Monday the closing of its Series B funding round. The round captured $1.3 million from various angel investors along with investment platforms CircleUp and AngelList. As previously reported, Crave raised $2.4 million from over 60 Angel investors… Read More