VPC Specialty Lending Adds Positions in OnDeck, Funding Circle & Others

One Pound UK £

VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech.  VPC has also provided a balance sheet loan to Applied Data Finance.  The company acquired these investments from private funds managed by the Company’s investment… Read More

Kickstarter Introduces New Feature: Spotlight, Storytelling for Successful Campaigns

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This week, crowdfunding platform Kickstarter introduced a new feature for successfully funded campaigns: Spotlight. In one place, the new page allows successfully funded creators to tell the complete story of how their products came to life. For example, take the Gramovox Bluetooth Gramophone campaign, for which 927 backers pledged $241,173. Clicking on the campaign’s spotlight page leads to… Read More

Crowdfunding Asia Brings the Message of New Forms of Finance to Indonesia

Day Two Begins at Crowdfunding Asia Bangkok

Crowdfunding Asia will be visiting Jakarta, Indonesia next month delivering its message of the power and potential of crowdfunding to boost economies and create new jobs. Crowdfunding Asia held its first, very successful, conference in Singapore in August of 2014.  Several hundred finance professionals, investors, regulators, politicians and industry participants, gathered to share experiences and… Read More

China Experiences a Surge in Internet Banking

Chinese Peer to Peer Lending

Data published by the China Banking Association indicates a “surge” in internet banking.  According to a report in ECNS, individuals using online banking services has hit 909 million – an increase of 150 million compared to the year prior. Financial transactions totaled an astounding 60.85 billion during 2014 and increase of 22%, with 67.88% of… Read More

Is Yelp the Next “Blackfish”? Review Website Fires Back Against Billion Dollar Bully Kickstarter By Revealing Screenshots of Its Backend System

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Just a week ago, Yelp became under fire when a small production studio known as Prost Production launched a crowdfunding campaign on Kickstarter to raise funds for a new documentary Billion Dollar Bully, which would share details about the review website’s dark past. Now, it looks like Yelp will do whatever it takes to maintain its innocence, by providing… Read More

Aerie Teams Up With Kickstarter Alum Yellowberry For Limited-Edition Tween Bra Collection

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Intimate apparel line Aerie announced today that it has joined force with tween intimate brand Yellowberry to launch a limited-edition collaborative bra collection for girls 11-15 called Aerie for Yellowberry. Yellowberry is a start-up created by 19-year-old entrepreneur Megan Grassell for preteen girls. Grassell took to crowdfunding platform Kickstarter with a mission to empower young girls with colorful, fun and unique… Read More

NonProfit ColorCancer Launches Ensure Drive Campaign on 121Giving To Raise Funds For Austin Cancer Patients

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ColorCancer, a nonprofit agency is hoping to change that with the launch of its crowdfunding campaign on Austin-based 121Giving to raise more than $12,000 to buy 300 cases of Ensure for cancer patients as they undergo chemotherapy, radiation and other treatments. According to its website, ColorCancer provides free at-home care supplies to cancer patients in need. The organization… Read More

Indiegogo is Poised to Move Into Equity Crowdfunding

Slava Rubin 2014

With the release of final rules for Title IV of the JOBS Act, commonly referred to as  Regulation A+, all investment crowdfunding platforms are sizing up the opportunity and evaluating the shift in regulations.  But one sector is uniquely positioned to marry both perks and ownership: Rewards based crowdfunding platforms. While Kickstarter has been adamant they… Read More

Lookout Apple Watch: Olio Smartwatch Challenges Apple with High End Wearable Tech

Olio with Steel Band

Apple Watch has a new competitor and I am not talking about the Google/Intel thing.  This watch has been created by a former Apple employee and you can immediately see the design DNA in this incredibly crafted watch. Olio, positioned as a “boutique” watch company, has launched a smartwatch that puts design and materials at a premium –… Read More

Crowdcube Receives Business of the Year Nomination For 2015 Express & Echo Business Awards

Crowdcube Celebration

On Thursday, Express & Echo, Exeter’s local newspaper, announced the nominees for its 2015 business awards. The media outlet stated: “The competition – now in its fifth year – attracted a phenomenal 133 entries from companies and entrepreneurs in Exeter and the surrounding area. The high volume and calibre of entries meant all those who have made… Read More

Sondors eBike Announces Limited Time Pricing Through Indiegogo Ends April 2nd

Sondors eBike Santa Monica

Sondors eBike, the most affordable electric bicycle ever, will close its limited time Indiegogo campaign price of $649 on April 2, 2015 at 11:59 PM PT. This introductory price is 49 percent off the retail price of $1,299. People interested in purchasing the bike at half price should go to . With its 29-inch all-terrain wheels, powerful 350… Read More

Symbid Unveils Full Year 2014 Results

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On Thursday, Symbid, one of the first investment crowdfunding platforms worldwide, announced its full year 2014 results. Korstiaan Zandvliet, co-founder and CEO of Symbid Corp, stated: “We are pleased to report continued exponential revenue growth ahead of average industry figures. Our results are a reflection of our commitment to successful innovation and the creation of long-term value… Read More

Funding Circle & Lancashire County Council Partnership Boosts 230 Local Businesses

Lancashire County Council

Peer to peer lender Funding Circle and Lancashire County Council have shared some data points on their partnership to provide capital to local businesses.  According to the pair, Lancashire County Council has directed over £1.5 million to 230 different companies.  The arrangement between the two entities was launched 2 years ago with the Council providing… Read More

Orchard Forms Partnership with Kabbage Channeling Institutional Money to Loans

Orchard Bricks

Orchard, the company that added rocket fuel to peer to peer lending platforms like Lending Club and Prosper, has announced a new partnership with Atlanta based Kabbage a provider of consumers and small business loans. Kabbage just announced earlier this week a licensing agreement with Kikka Capital in Australia so they are having a busy… Read More

CommunityLeader to SEC: Thanks for Publishing Reg A+ Rules!

Gallery of SEC Commissioners

On Wednesday, the SEC Board of Commissioners approved the publishing of the rules associated with the Jobs Act 2012 Title IV. Now, the executives at CommunityLeader, Inc., a technology and service leader in the emerging crowdfunding industry, is ready to share their thoughts about the rules. Commonly referred to as Reg A+, the new rules reform… Read More

Crowdcube Spain Has Now Raised Over € 1 Million for SMEs

Crowdcube Spain Espana

Launched last summer, Crowdcube Spain has surpassed € 1 million raised for small companies hitting a milestone for the young company.  To date 6 companies have successfully raised funds on the site. One of the companies raising capital on Crowdcube was HEMAV, a Barcelona based drone company which now claims the title of largest equity… Read More

UK Scheme Promoting Alternative Lenders Should Be Off the Ground by 2016

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If your small firm is rejected for a bank loan in Britain next year, consider hearing out the bank’s entire response: There are alternatives. A British government scheme that requires banks to refer small firms rejected for loans to alternative finance providers is expected to be underway by next year, noted the managing director of the British Business Bank,… Read More

NC Senate Files Intrastate Crowdfunding Bill

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North Carolina has taken another step towards enacting an intrastate crowdfunding law.  As reported last year, a bill nearly passed but in the end did not have enough support to cross the line.  In February we shared the NC House had introduced a bill.  According to JobsNC, the Senate has filed the North Carolina Providing… Read More

Update: Super Troopers 2 Scores $2 Million Second Day on Indiegogo

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Just one day after announcing the launch of its Indiegogo campaign, production company Broken Lizard has managed to raise $2 million from nearly 19,000 backers for the sequel to the hilarious film, Super Troopers.  As previously reported, Broken Lizard took to the crowdfunding platform to raise funds for the highly anticipated sequel: “Several moons ago, we made… Read More

Kickstarter-Success Smartpen N2 Debuts in the U.S.

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On Wednesday, Korea-based startup  NeoLAB Convergence announced that its Neo smartpen N2 (N2) marks an exciting milestone in the emerging smart pen category by making its way to the U.S. N2’s promise is simple: just write as you would with any other pen, and the N2 will automatically turn on, recognize what you are writing, on… Read More