Pebble Returns to Kickstarter With Three New Products & Scores $6M in 24 Hours

Pebble 2

On Tuesday, tech company Pebble once again returned to crowdfunding giant Kickstarter for 3 new products Pebble 2, Time 2 and Pebble Core. Within 24 hours, the new campaign not only smashed its initial $1 million goal, it has already surpassed $6.7 million from nearly 36,000 backers. Last year, Pebble… Read More

British Business Bank Report: £3.5 Billion Goes to Equity in SMEs During 2015

Charles Darwin Money UK

Access to capital is imperative for SME growth. Small companies need debt and equity finance to hire employees and pursue strategies to expand operations.  A vibrant equity ecosystem is imperative for early stage companies as typically it is more challenging to access debt finance. In… Read More

Rooster Teeth’s “Million Dollars, But… The Game” Surpasses $1M on Kickstarter

A Million Dollars, But 2

Just a little over two weeks after launching its Kickstarter campaign, Rooster Teeth’s Million Dollars, But… board game has successfully secured $1 million from nearly 22,000 backers. The initiative originally sough to raise $10,000 and secured the initial goal within minutes of its debut. Million Dollars, But…… Read More

Indiegogo Teams Up With Heineken For “The Cities Project”

Heineken 2

On Tuesday, Indiegogo announced it has joined forces with Dutch brewing company, Heineken, for a new project known as The Cities Project. The global crowdfunding platform stated residents in New York, Chicago, Houston, Los Angeles and Honolulu are invited to submit projects they care about through Heineken’s Facebook page…. Read More

Brief: Iowa Residents Create Over 15,000 GoFundMe Campaigns & Raise $13.1 Million

Money

This week, crowdfunding platform GoFundMe released new data highlighting the giving community in Iowa. Iowans have started over 15,000 GoFundMe campaigns, raising $13.1 million from nearly 215,000 total donations. The GoFundMe team stated that the Des Moines Metro Area is considered the largest funding community in Iowa and has… Read More

Fintech Rocks: KPMG / CB Insights Report Says Global Investments in Fintech Jump in Q1

Q1 2016 Fintech Investment KPMG CBI

  Following a bit of slump in the final quarter of 2015, Fintech investment “roared” back in Q1 of 2016 squelching any discussion of Fintech’s imminent demise. This is according to a report authored by KPMG and CB Insights.  While the P2P / Marketplace Lending… Read More

First SE Asian Campaign on FundedByMe Hits Goal in 36 Hours

Halal Speed Dating

Sweden-based investment crowdfundin platform FundedByMe messaged its intent to start operations in Southeast Asia with the opening of an office in Singapore several years back. FundedByme became the first European-based platform to receive a license to operate in the region when the Securities Commission Malaysia approved… Read More

Mexican Online Lender Konfio Raises $8 Million Series A

David Arana, founder and CEO of Konfio

Fintech in Mexico continues to grow as Konfio has closed on an $8 million Series A funding round. Konfio is an online lender that finances micro-businesses in Latin America. Their mission is to boost regional economies with loans for young, promising businesses. The new funding… Read More

Southeast Asia Fintecher Jirnexu Raises $3M Series A Funding

Yuen Tuck Siew

Jirnexu, a bank and insurance company tech solution provider formally known as Saving Plus, raised $3M in Series A funding, according to a release. Funding will be used to drive product development, geographic expansion and recruitment across Southeast Asia, with Malaysia and Indonesia as priority… Read More

GLI Offers Shareholders Imminent Access to Corporate Bond Issue via UK Bond Network

Andy Whelan

GLI Finance (LSE:GLIF),  an alternative finance platforms investor that provide loans to small and medium sized enterprises (SMEs), has announced that it is giving its shareholders and other eligible investors access to bonds being issued to be used as consideration for an acquisition. The company is making… Read More


Cornwall Software Taps Philip Walker to Join Crowdfunder as CFO

philip walker

Philip Walker has decided to head to the UK after ten years guiding San Francisco tech start ups to join Crowdfunder as its new CFO. Tapped by Software Cornwall, a non-profit company that aims to develop the digital technology community in Cornwall, Crowdfunder UK Director Phil Geraghty commented on the… Read More

Frost & Sullivan: AUS Ripe for Fintech Opportunities, Welcomes Biometric Security, Blockchain, AI ICT Companies

Sydney Australia

Frost & Sullivan views Australia’s development as a leader in Fintech innovation will require concerted effort from government agencies and established financial institutions and will involve partnerships and research collaboration between banks and startups, presenting many diverse and lucrative growth and development opportunities for ICT… Read More

Crowdfunding & Corporate Philanthropy: Fundraising’s Next Dynamic Duo?

Philanthropy

As you probably know, crowdfunding websites are one of the most popular fundraising options for nonprofits and individuals alike. It makes total sense: crowdfunding enables a group of people–small, large, or in between–to collectively raise money for a specific cause or charity. Plus, crowdfunding is incredibly… Read More

Kickstarter & Indiegogo Success Knix Wear Evolution Bra Now Available Commercially

Evolution Bra 2

Knix Wear, an active intimates company, announced on Tuesday that the crowdfunding success, 8-in-1 Evolution Bra, is now commercially available for purchase through its website. Designed to combat some of the most common complaints women have about bras, the 8-1 Evolution Bra “evolves” with the active woman throughout… Read More

Hyperloop Transportation Technologies Introduces Skin Material for Capsule Safety; Announces Digital Innovation Challenge

Dirk Ahlborn

JumpStartFund’s Hyperloop Transportation Technologies (HTT) announced on Tuesday a base technology of the HyperloopTM System, Vibranium, which is described as a smart material that was developed specifically for the Hyperloop application.  According to the company the new smart material is made out of sensor-embedded carbon fiber and… Read More

Week One: How are Title III Crowdfunding Platforms Doing?

Rocket Launch Escape Velocity

Title III platforms launched last week on May 16th. Multiple platforms had received approval from FINRA/SEC and a good number of issuing companies queued up to offer equity or debt in their companies. While opinions in the media were mixed as to whether the Reg… Read More

AIG Introduces Equity Crowdfunding Insurance For Investors

money global international

Global insurance provider, American International Group, Inc. (NYSE: AIG), has announced the launch of a new insurance vehicle, Crowdfunding Fidelity, which was developed specifically to protect investors on equity crowdfunding platforms against issuer fraud. The launch of AIG’s new insurance comes just a little over a week after Title III… Read More

OnDeck Expands Lending Options for Small Businesses in Canada By Introducing New Line of Credit & Loan Terms

Canada Money

On Tuesday, Online lender to SMEs, OnDeck (NYSE:ONDK) announced it was expanding lending Canada’s small businesses by including a line of credit up to CAD$50,000 and loan term up to CAD$250,000 to help meet the growing needs of the country’s 1.1 million small businesses. In… Read More

AssetAvenue Goes Long: Adds 30 Year Fixed Loans to Real Estate Options

AssetAvenue You Are Approved

AssetAvenue has added another product to its portfolio mix: 30 year fixed rate loans. The real estate crowdfunding platform has added the new product due to customer demand.  The new mortgage option may be used to purchase single family homes, rental properties, multi-tenant, condos and… Read More

ArchOver & GapCap Sign Agreement to Share Future Business Opportunities

Angus Dent

ArchOver and GapCap have formed a strategic agreement where the two platforms will share future business opportunities. While not a merger, the Service Level Agreement (SLA) appears to be a step in that direction.  Both ArchOver and GapCap provide financing secured by receivables. ArchOver is a… Read More