UHY Study Shows Bank Lending In USA Falling Behind G7 Peers

UHY 2

Bank lending to the private sector in the US has stagnated in the last year, down by 0.13% in real terms, and continuing to fall behind the rest of the G7, according to a new study by UHY, an international accountancy network. UHY warns that the figures show that for the US’s small businesses in… Read More

San Diego Owner Looks to Kickstarter After Devastating Brewery Fire

Wet N Reckless Brewing 1

Last month, a devastating fire destroyed San Diego-based brewery Wet ‘N Reckless Brewing. Now the owner, Dave Hyndman, is seeking to raise $47,000 through a crowdfunding campaign on Kickstarter. According to UT San Diego, Hyndman recorded an emotional plea about his brewery, asking for the funding goal so he may purchase new brewing equipment, refrigeration, furniture… Read More

Big Data Firm PeerIndex Seeks £500,000 Equity Crowdfunding on Seedrs

PeerIndex Explained

Big data firm, PeerIndex, has launched an equity crowdfunding campaign on Seedrs seeking to raise 10% equity of £500,000 on a pre-money valuation of £4.5 million . PeerIndex is a technology platform that tracks social media usage so you can see who in your community is an influencer and those that are not so much.  PeerIndex is currently… Read More

Growth Capital Ventures Preps For £150,000 Campaign On Its Own Crowdfunding Platform GrowthFunders

Growth Capital Ventures

North East UK company Growth Capital Ventures announced the upcoming launch of its crowdfunding campaign on its own platform GrowthFunders to raise £150,000 to continue to build and introduce new features on its already existing website. Growth Capital Ventures launched the equity crowdfunding and co-investment marketplace earlier this year and within the short period of… Read More

Tilt Now Offers “Free” Crowdfunding

Zero Dollars Please Pay

Tilt (the crowdfunding platform formerly known as CrowdTilt) is now free to use. Yep that’s right.  According to a post by Tilt Leader James Beshara; “Starting today, we’re dropping the fees on our ‘Collect’ feature! It is now FREE for organizers to collect money with their groups, and free for all contributors using their debit… Read More

Bluetooth Padlock Noke Nears $400,000 on Indiegogo; Creators Address Backer’s Concerns

Noke 4

FŪZ Designs’ Noke is continuing to be a huge hit on Indiegogo! The Utah-based company launched the Bluetooth padlocks campaign on the crowdfunding giant on August 18th and it reached its initial $100,000 in a matter of days. Now, after only ten days, the project has raised over $390,000 by close to 4,000 backers. As previously… Read More

Equity Crowdfunding in Italy Today

Restart Italia Italy

Following the white paper “Restart Italia”, at the end of 2012 prepared by a task force of experts for the Minister of Economic Development, the Italian Parliament issued a law on startups including equity crowdfunding that was finally made possible by CONSOB (the Italian Authority on Financial Markets) with the regulation n° 18592 of June… Read More

Mizzen+Main, Originally Crowdfunded on Kickstarter, Closes on $1.2 million in Seed Round for Menswear Company

Mizzen+Main Style

Mizzen+Main, a shirtmaker and haberdasher, ran a crowdfunding campaign on Kickstarter that raised just over $54,000 this past March on a $15,000 goal.  Today the company has announced the closing of $1.2 million in Series A funding. The investment round is led by former Astor & Black founder and serial entrepreneur David Schottenstein and includes… Read More

Indiegogo Teams Up With Chicago-Based 1871; Announces New Midwest Satellite Office

indiegogo

Earlier this week, Indiegogo announced it will be opening a brand new Midwest satellite office in Chicago’s 1871. The organizations revealed they are teaming up to host a quarterly education session for those working in the building. According to the Chicago Tribune, the notion of a collaboration between the two companies emerged late in 2013… Read More

Real Estate Crowdfunding Platform American Homeowner Preservation Sells Abandoned Homes

American Homeowner Preservation AHP

American Homeowner Preservation, AHP, is rebuilding communities devastated by the foreclosure crisis, and August proved to be a successful month for the company as it sold vacant, abandoned properties spanning across nine states. In the last 30 days, AHP has found new owners for vacant properties in Florida, Georgia, Maryland, Missouri, New Jersey, North Carolina, Ohio,… Read More

Crowdfunding 101: Kickstarter & Indiegogo (Infographic)

Kickstarter and Indiegogo

Crowdfunding hit the radar when the two leading, rewards based crowdfunding platforms launched.  Indiegogo launched first in 2008 with Kickstarter following in 2009.  Kickstarter has always been fairly transparent in their data and approach.  They have a cool portion of their site that shows the numbers by category and success data for projects.  Indiegogo has… Read More

UK Funding For Lending Scheme Figures Negative for SMEs

FLS chart 1 Q2 2014

The Bank of England has released data on the UK Funding for Lending Scheme (FLS), a governmental program created to boost lending. According to the report on 2014 Q2 data, “net lending by FLS Extension participants to small and medium-sized enterprises (SMEs) was slightly negative in the second quarter of 2014, but at -£0.4bn was… Read More

Odyssey Airlines, First Cross Border Offering, Passes £1 Million on Crowdcube

Odyssey

Odyssey Airlines, a UK based airlines that will offer business class only, transatlantic flights, has passed the £1 million mark crowdfunding on Crowdcube.  This represents 104% of their targeted raise on Crowdcube.  As of today the amount stood at £1,049,230 for over 5% equity in the company. Odyssey is currently doing a simultaneous equity crowdfunding… Read More

Country Singer & Gay Activist Launches $200,000 Kickstarter Campaign For New Album

Chely Wright 2

Ready to bring new music to her devoted fans, country singer Chely Wright launched a Kickstarter campaign earlier this week to raise $175,000 for her upcoming studio album. The Single, White Female songstress released her first album in 1994 under the Polydor label and was immediately a huge hit. Eventually she went on to become an independent artist. Not… Read More

Sex Trafficking Survivor Looks to Crowdfunding For Ph.D costs

Kate Price

Wellesley resident, social scientist, and human trafficking survivor, Kate Price, has launched a crowdfunding campaign on GoFundMe to raise funds so she may pursue a Ph.D. in Sociology at University of Boston. According to The Swellesley Report, Price hopes by using crowdfunding for her schooling, that she will be able to continue her research on… Read More

Lending Club Files for Initial Public Offering

Renaud LaPlanche interviewed

Goldman Sachs and Morgan Stanly to Act as Joint Leads. In a widely anticipated move, peer to peer lending platform Lending Club has filed their S-1 registration with the SEC to launch their initial public offering (IPO).  Lending Club made the announcement with an official release noting they are now in the official “quiet period”… Read More

Compete: Kickstarter Gets Potato Salad Traffic Bump in July

Potato Salad

Digital intelligence company Compete recently published a post noting that in the month of July Kickstarter experienced a surge in traffic.  And what say you was the cause?  Potato Salad of course. Yes it is true.  But this should not be surprising as we have already noted that Potato Salad was the 4th most viewed… Read More

CFIRA Takes Vocal Stand on “Accredited Investor” Definition

CFIRA Balancing Wealth and Wisdom

The Crowdfund Intermediary Regulatory Advocates (CFIRA) has taken a firm and concise stand on the debate enveloping the definition of an “Accredited Investor”.  CFIRA has been at the forefront in advocating for financial innovation and investment crowdfunding.  The group promotes the interests of issuers AND investors while promoting good business practices.  The letter (posted below)… Read More

GNS3 Technologies Raises Over $600,000 on Tilt Open

GNS3

GNS3 Technologies has to announces that their crowdfunding campaign on Tilt Open has achieved record breaking status. GNS3’s modest $35,000 goal was surpassed by 1400%, raising over $600,000 from 13,000 contributors from more than 80 countries. The funding will help to further develop the GNS3 software, a technology that provides virtual testing, design and configuration… Read More

Mayday PAC Helps Candidate Win Primary in Arizona

Ruben Gallego

Voters Back Ruben Gallego as Mayday PAC Contributes $150,000 to His Campaign. Mayday PAC ran a grass roots crowdfunding campaign earlier this year to raised funds to battle special interests and big money in the US political system.  Essentially founder Lawrence Lessig took the approach of fighting fire with fire.  Mayday announced their first three… Read More