XPRIZE Launches $500,000 Crowdfunding Campaign on Indiegogo; Announces Its Next Moonshot

XPRIZE

XPRIZE Chairman and CEO, Dr. Peter H. Diamandis announced the launch of the $15M Global Learning XPRIZE during a presentation at the Social Good Summit. Diamandis will be joined on-stage by technology entrepreneur, Anousheh Ansari, and Senior Advisor in the Executive Office of the President of Kenya, Ruth Kagia. The Global Learning XPRIZE is a five-year competition challenging teams… Read More

Investment Crowdfunding Platform Symbid Jumps Past €5 million Milestone

Symbid at 5 million euros

Netherlands based Symbid has announced a new milestone for the growing investment crowdfunding platform.  The publicly traded company [OTCQB:SBID] has surpassed €5 million (approximately $6.4 million) in investment crowdfunding.  This growth benefited from a solid Q2 in 2014 where Symbid facilitated over $1.55 during the quarter. Symbid, launched in 2011, has seen average investment per user double… Read More

Australian Financial Tech Firm Launches Equity Crowdfunding Campaign For Financial Advisory Platform

Rimbal

Australia-based company, Rimbal Ltd., has launched an equity crowdfunding campaign on Seedrs to raise £60,000 to fund technology and business growth. According to its campaign page, Rimbal is an online financial advisory platform that automates investment advice and allocation for retail clients. It is scheduled to be functional and operational with fully regularity compliance by late… Read More

Kickstarter-Success Projects Made Special Appearances at World Maker Faire 2014

Kickstarter World Maker Faire 2014

It’s been a busy weekend for Kickstarter! On Saturday and Sunday (September 21st and 22nd), the crowdfunding leader was invited to participate in this year’s World Maker Faire, which was held at New York Hall of Science. Presented by Disney, the World Maker Faire is a family-friendly festival of invention, creativity and resourcefulness, and a celebration of… Read More

Women in Crowdfunding (Infographic)

women in crowdfunding

UK based crowdfunding platform provider Hubbub recently had their creative team cook up an infographic that shares some interesting information regarding women in crowdfunding. There has been much discussion pertaining to the power of crowdfunding to “democratize” access to capital for underserved geographies and demographics.  Streamlining the process of access to capital in an online… Read More

Crowdfund Capital Advisors Co-Founder Talks Crowdfunding in Interview (Video)

Jason Best on Bloomberg Hong Kong

Crowdfund Capital Advisor co-founder Jason Best hit the studios of Bloomberg in Hong Kong after a stop in Malaysia for the Securities Commission crowdfunding and angel conference. This is a high level interview as part of Rishaad Salamat and “On The Move”.  Investment crowdfunding has evolved quite rapidly around the world and Best touches on… Read More

Direct Lending Investments Commits $73 Million to Fund Loans via Realty Mogul

REALTY MOGUL, CO.

Real Estate Crowdfunding Platform Realty Mogul Receives Whopping $73 Million Commitment from Institutional Investor. Direct Lending Investments, described as the general partner of oldest and largest short term, high yield, small business loans fund has formed a new partnership with Really Mogul, a real estate crowdfunding platform that offers both debt and equity investments in… Read More

CrowdLords Preps Crowdfunding Platform for “Buy to Let” Property

CrowdLords empowering more people to Buy to Let

Crowdfunding and real estate is a perfect match.  Either debt or equity the equation just works. Investors understand the asset class. The promise of higher returns on a tangible asset is a compelling proposition for investors both large and small.  The buy to let market in the UK is booming now.  A recent article placed… Read More

Traditional Lenders Move in on Higher Interest Rate Personal Loans

One Thousand Dollars in Hundred Dollar Bills

Apparently traditional banks are moving into higher rate and thus higher risk personal loans.  This strategic shift is driven, at least in part, by growing competition from peer to peer (P2P) lending platforms. The banking industry, while incredibly important in the US, is one of the most regulated industries around.  Banks face an ever-growing amount… Read More

Creator of Swordfighting Game “CLANG” Abandons Its Plans Two Years After Kickstarter Success

CLANG 3

In July of 2012, award-winning author Neal Stephenson teamed up with Seattle’s Subutai Corporation and launched a campaign on Kickstarter to raise $500,000 to “revolutionize” sword fighting video games by bringing his game CLANG to life. Within its 30-day run, the project easily passed its goal, raising $526,125 from 9,023 backers. A year later, Stephenson announced that he… Read More

Shaneen Allen Has Raised Over $61,000 on GoGetFunding, Mother of Two Faces Jail Time for Carrying Licensed Firearm in New Jersey

Free Shaneen Allen Billboard

This campaign has striking similarities to the story of Brian Aitken.  He spent time in jail due to falling afoul of New Jersey’s extremely unrealistic gun laws.  Aitken went on to do a successful crowdfunding campaign on Indiegogo to help publish a book about his challenging odyssey. In 2008 then Governor Jon Corzine signed a law… Read More

Radiate Athletics Raised Over $500,000 on Kickstarter in 2013. Over One Year Later Backer Rewards Remain Unfilled

Radiate Athletics Backers Hang Around

This is a story that happens way too frequently.  Cool concept captures wave of crowdfunding success, crushing funding goal only to experience repeated delivery delays as backers wait and grumble. Lacking options to get a refund on their contribution they gather on the campaign comment page to commiserate about squandered money and backer regret.  In… Read More

Did Apple Pay Kill COIN?

COIN RIP

Apple Pay was announced by CEO Tim Cook with much fanfare during his break out “one more thing” presentation delivering new iPhones and the much anticipated Apple Watch.  Apple Pay is no where near as sexy as new hardware but it exemplifies the expanding reach of Apple and the growing utility of their global ecosystem…. Read More

Crowdfunding Mailbox: VIDIT Camera, Exercise While Your Work with Glyder & NOMAD Backpack

Crowdfunding Mailbox 9.20.14

We have three crowdfunding campaigns for this weeks #CrowdfundingMailbox.  One for Aussie crowdfunding platform Pozible and two from Kickstarter. Starting with the Pozible campaign, VIDIT is a do-everything, pocket sized camera.  Everyone knows about GoPro.  The current standard for filming everything, everywhere, GoPro recently launched a successful IPO. While you have probably not heard about… Read More

Philadelphia Company Launches Indiegogo Campaign For “First” Smart Patch Thermometer; Raises Almost $40,000 in Two Days

Fever Smart 5

Ready to create a new way to check for fevers, Philadelphia-based company Fever Smart launched a $40,000 Indiegogo crowdfunding campaign for a thermometer for children. The device is considered a “smart patch” that will keep an eye on any child’s health and help ease parents’ minds.  The campaign has benefited by several large “distributor” contributions… Read More

Crowdfunding At Its Best: Top 12 Successfully Funded Kickstarter & Indiegogo Films

Top 10 Movies of Crowdfunding

Crowdfunding films is big business these days and it is still early in the evolution of this new approach to funding movies.  On Kickstarter, Film & Video is their second highest revenue generator having successfully raised almost $200 million.  Indiegogo has recently experienced some break out success campaigns that have pushed some of their films… Read More

Capgemini: We Will See Acquisitions of P2P Lending Platforms By Banks Soon

Peer to Peer Blue

Capgemini recently posed the question;  ”To what extent is crowdfunding a problem for our traditional bank manager? And what, if any, pressure does this bring to our big banks?” We think this is an astute question to ask – especially in the UK where peer to peer lending is experiencing dramatic growth.  Meanwhile traditional banks…… Read More

EU Crowdfunding Expert Group Scheduled to Meet on September 25th

European Union Growth

As part of the Single Market Forum 2014, the EU Expert Group on crowdfunding is scheduled to meet in Brussels next week on Thursday, September 25th. The Single Market Forum is designed to assess how well the European Union’s single market works in practice. The objective is to identify issues and barriers that inhibit market… Read More

Host of NPR Radio Shows Uses Kickstarter to Keep it Alive For Sixth Season; Reaches $54,000 First Week

Snap Judgement 2

Host and executive producer of public radio exchange and NPR radio show, Snap Judgement, is making sure the series’ sixth season will stay on the air, even if that means turning to its fan for help. Glynn Washington launched a crowdfunding campaing on Kickstarter last week to raise $150,000. In the first week the project went… Read More

SCiO First Molecular Sensor that Fits in Your Hand (Video)

SCiO

Dror Sharon, co-founder of Consumer Physics based in Israel, visited the studios of CNBC this week to do the the “Power Pitch”.  He had the opportunity to explain the SCiO device – something that is actually pretty cool.  The “laser gadget” scans food and then returns interesting results like how much sugar, how many calories and… Read More