July 20, 2017 @ 3:24 pm By Samantha Hurst  |  

Less than seven months after securing $108,767 from 1382 backers on crowdfunding platform Fig, Lion Shield’s video game Kingdom and Castles is now available on Steam and GoG. As previously reported, Kingdoms and Castles is notably inspired by the SimCity series, Banished, and Stronghold, is described as… Read More

July 20, 2017 @ 2:01 pm By Samantha Hurst  |  

Indie video game developer Dark Screen Games launched a crowdfunding campaign on Fig to raise $30,000 for its new game, Bounty Battle. According to the developer, up to four players compete against each other using characters from their favorite indie games across levels from their favorite indie… Read More

July 20, 2017 @ 1:44 pm By Erin Hobey  |  

As previously reported, the Delaware House of Representatives passed amendments to state law that would make it explicitly legal for stocks to be traded on a blockchain, the technology behind cryptocurrencies like Bitcoin and Ether. The amendments relating to trading stock on a blockchain were added… Read More

July 20, 2017 @ 1:08 pm By Samantha Hurst  |  

Less than 24 hours after launching its equity crowdfunding campaign on Crowdcube, cider subscription company, Crafty Nectar, has successfully secured its initial 100,000 funding target from more than 100 investors. The company states its mission is to connect people with exciting ciders made in the traditional… Read More

July 20, 2017 @ 12:46 pm By JD Alois  |  

Fundrise, a leading online marketplace for real estate investing, has officially announced the availability of their new eFunds. Crowdfund Insider reported on the looming announcement this past spring when Fundrise filed a new Form 1-A, or Reg A+ offer, revealing the new investment vehicle. In… Read More

July 20, 2017 @ 11:51 am By Erin Hobey  |  

Medici Ventures, a major blockchain tech investor, completed its strategic investment in Symbiont. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform… Read More

July 20, 2017 @ 11:33 am By JD Alois  |  

Storm Sondors, the founder of the Sondors eBike company that has ridden to success on rewards based funding platforms, has filed to Form 1-As with the SEC.  Each filing represents a different crowdfunding offer. The first offer, which was initially messaged during Sondor’s Electric Car… Read More

July 20, 2017 @ 11:22 am By Samantha Hurst  |  

Your Sommelier, a London-based online wine merchant, has launched an equity crowdfunding campaign on Seedrs. The company is seeking £110,000 as it prepares to grow and expand its monthly subscription boxes of French wines. The company stated it started trading three years ago a concept of offering… Read More

July 20, 2017 @ 11:19 am By Erin Hobey  |  

LendKey, a leading lending-as-a-service solution for banks and credit unions, raked in $13 million in Series C funding, $8 million in equity and $5 million in debt financing. North Atlantic Capital, based in Portland, ME, led the round with participation from each of LendKey’s existing… Read More

July 20, 2017 @ 11:02 am By Erin Hobey  |  

Online investment platform SyndicateRoom has opened up a £1 million investment opportunity  for the electric vehicle (EV) charging company, Engenie. The company, which was launched in 2013, provides high-power rapid-charging facilities for electric cars and buses, catering both directly to consumers and also to commercial… Read More

July 20, 2017 @ 10:49 am By JD Alois  |  

Republicans members on the House Financial Services Committee have introduced legislation (H.J. Res 111) designed to nullify a controversial rule published by the Consumer Financial Protection Bureau (CFPB). The resolution is cosponsored by all 34 Republican Members of the Financial Services Committee and mirrors a resolution… Read More

July 20, 2017 @ 10:40 am By Samantha Hurst  |  

Fintech startup Receipt Bank announced on Thursday it secured $50 million through its Series B funding round, which was led by Insight Venture Partners. Launched in 2011, Receipt Bank describes itself as an award-winning bookkeeping automation platform that automates the collection and data extractions of… Read More

July 20, 2017 @ 10:36 am By Erin Hobey  |  

UK small business lender Growth Street has been selected to participate in Nesta’s Open Up Challenge. As one of 20 Stage 1 participants, Growth Street will work to develop new tools and change small business banking in the UK. Growth Street will build services that use… Read More

July 20, 2017 @ 10:35 am By JD Alois  |  

AutoGravity says it has now surpassed 500,000 in just one year. AutoGravity is an App-based online lender targeting the auto financing space. Pick the car and request a loan all on your smartphone. It’s that simple. AutoGravity has benefited from a growing number of high… Read More

July 20, 2017 @ 9:48 am By Samantha Hurst  |  

FinTech Studios, a cloud platform dedicated to AI-based financial information, fintech apps, and big-data analytic products, announced on Thursday it secured raised $1 million during a Series Seed funding round led by KEC Ventures. Founded in 2014 byJim Tousignant, FinTech Studios states its cloud technology leverages machine… Read More

July 20, 2017 @ 9:33 am By JD Alois  |  

RateSetter has been hit with a series of significant operational challenges as several large loans have struggled.  The widely reported series of events have culminated in approximately £80 million worth of loans being taken over by the P2P Lender. This amount would have far outstripped… Read More

July 20, 2017 @ 8:18 am By Cole Lyons  |  

LendInvest, a UK based online property finance marketplace, has recently announced the launch of a new Retail Bond, with a fixed interest rate of 5.25% due in 2022. LendInvest will continue to provide three other investment channels including their online investment marketplace for individuals to invest… Read More

July 19, 2017 @ 10:59 pm By JD Alois  |  

DSTLD, the online only clothing retailer that provides high quality fashion at a super competitive price, is back once again on SeedInvest to raise additional funding using Reg A+. During their last crowdfunding campaign, DSTLD raised $1.7 million. The money raised has been leveraged to… Read More

July 19, 2017 @ 10:24 pm By JD Alois  |  

  The heat is rising for Elio Motors  (OTCQX: ELIO) as the State of Louisiana has fined the aspiring vehicle company $545,000.  The Louisiana Motor Vehicle Commission has accused Elio Motors of operating as a manufacturer/dealer of recreational products without a license. On the bright… Read More

July 19, 2017 @ 6:09 pm By JD Alois  |  

Chief Deputy Whip Patrick McHenry, the Vice Chairman of the House Financial Services Committee has partnered with Congressman Gregory Meeks to introduce HR 3299 entitled, “Protecting Consumers’ Access to Credit Act of 2017“. This bill is designed to “restore consistency to our nation’s lending laws… Read More