Erin Hobey

Crowdsurfer Data Released: Crowdcube Leads UK’s Investment Crowdfunding Market

Crowdcube Shares 2015 Highlights To Date: Closing in on both £100M Successfully Invested and 200,000 in Investor Community As Crowdcube inches closer to £100m successfully invested through the site and an impressive £45M invested so far this year, new data from Crowdsurfer, an independent crowdfunding… Read More

Funding Circle Posts a Record-breaking July: £47.5 Million Lent to Businesses

Funding Circle touted a record-breaking £47.5 million was lent to businesses across the UK through its marketplace in July. Currently 46 loan requests on the marketplace are available, including a property developer building 4 new homes in Wigan and a fundraising business looking to expand. The total value of new loans… Read More

Australian Treasury Drafts New Guidelines for Crowdfunding; Opponents Share Insight

The Australian federal government’s proposed expansion of access to crowdfunding for businesses falls short of the hoped-for system, according to Yahoo Finance.  New draft guidelines issued by the Australian Treasury include increasing the amount companies are allowed to raise through crowdfunding to AUS $5 million,… Read More

KPMG Links with MarketInvoice: Using Alternative Finance for Accounting Software & Business Education Programming

KPMG has linked with peer-to-peer business lender MarketInvoice, a partnership that will enable customers of KPMG’s Small Business Accounting Service to access MarketInvoice finance directly through their accounting software and will also include a business education program incorporating regional events, webinars, e-books and online ‘accountancy clinics’… Read More

China Central Bank Defends Online Payment Rules, Critics See Rules Stifling Industry Innovation

“China’s central bank has moved to defend draft rules that would force online payment processors to channel large payments through traditional bank accounts, a requirement that industry observers say will stifle innovation while protecting the interests of incumbent banks,” reported FT’s Gabriel Wildau. “The People’s Bank of China… Read More

Peter Coleman Joins Online Lender for Real Estate AssetAvenue as CFO

AssetAvenue, an online lender for real estate investment properties, announced that Peter Coleman has joined the company as Chief Financial Officer. Coleman brings more than 20 years of financial management and investment banking experience focused on technology companies. At AssetAvenue, Coleman will be responsible for leading the… Read More

Funding Circle Announces Fee-Free P2P Investment Trust with Plans to Go Live in Autumn

Funding Circle, the SME peer-to-peer lender, announced that a fee-free investment trust will go live after the summer, according to CityWire‘s Gavin Lumsden. This will be the first fund launch from a lending platform and the company hopes the ‘no charge’ proposition will enable it… Read More

PM David Cameron Backs the UK FinTech 2020 Manifesto: Aims to be Leading Global Fintech Centre

UK Prime Minister David Cameron has backed the UK FinTech 2020 manifesto created by FinTech trade body Innovate Finance, according to a release. The manifesto, which was released as Cameron leads a trade delegation of British FinTech leaders to South East Asia this week, aims… Read More

InvestUp CEO James Tuckett Talks Crowdfunding: “2015 is a Watershed Year”

This week Crowdfund Insider featured Chris Tyrell’s post “Crowdfunding is Impacting the Global Economy” and Rodrigo Niño’s post “Crowdfunding: From Impossible, to Improbable to Inevitable in less than 10 years,” James Tuckett, CEO of investUP adds to this exciting conversation below as he shares his insights in a release regarding… Read More

Startupbootcamp Holds First Singapore Fintech Demo Day: Blockchain and Wealth Management Seen Trending

Startupbootcamp FinTech, a global accelerator focusing on financial innovation, hosted its first Demo Day in Singapore on 29 July for the top 11 FinTech teams selected out of 300 applications earlier this year. “Startupbootcamp FinTech is the first FinTech accelerator in Singapore and the only… Read More

Powered Now Revisits Crowdcube for Second Crowdfunding Round: Secures over £144K in 24 Hours

Established in 2012 and based in the UK and Hungary, Powered Now focuses on developing software for business owners. Co-founders are the serial entrepreneurs and e-commerce trailblazers Chris Barling (who set up Actinic in 1996) and Benjamin Dyer, a software developer and former director at… Read More

Monetary Authority of Singapore Selects Former Citibank Exec Sopnendu Mohanty to Head Fintech & Innovation Group

The Monetary Authority of Singapore (MAS) has announced the formation of a new Fintech & Innovation Group (FTIG) to be headed up by former Citibank executive, Sopnendu Mohanty. Effective August 1, FTIG will be responsible for creating development strategies and regulatory policies around technology innovation… Read More

Stripe Lands New Funding & Signs Deal with Visa: Payment Platform Valued at $5B

Payments startup Stripe landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion. According to the announcement, Stripe signed an agreement with Visa to work on digital transactions such as website ‘buy… Read More

UK Reparo Finance Selects Mambu to Launch New Business Line: Targets SME Loan Market

Mambu, the SaaS banking platform provider, today announced that Reparo Finance, an independently-owned business finance company  specializing in SME business lending, has selected Mambu to launch a new business line offering loans to small-to-midsize enterprises (SMEs) in the UK.  The company chose Mambu’s cloud-based platform… Read More

Craft Beer & Cider Brief: Mine Shaft Brewing Taps into Crowdfunder, Secures over $2.7M for Sam Adams and Stroh Brewery Alums

  Mine Shaft Brewing’s Crowdfunder campaign shares some enviable highlights with potential investors, including a team who kickstarted iconic Sam Adams, key customers and  partners, exciting Major League Baseball investor perks, MSB althletic ambassadors, strong leadership experience in beverage, finance, sales, and consulting.  Seeking to raise $9,400,000 by 31… Read More

Stevia Iced Tea Start-up Naturbursche Launches Equity Crowdfunding Campaign on Companisto: Year-round Refreshment

In order to grow their startup best-selling stevia sweetened iced tea Naturbursche, entrepreneurs Britta Henkelmann and Dagmar Hemschenherm partnered with Companisto for their newly launched equity crowdfunding campaign.  Prevalued at 1,500,000 €, Naturbursche seeks to raise a minimum of 50,000€ on its campaign; in just two days,… Read More

India-based Orios Venture Partners Launches US$150M Fund to Focus on Fintech, B2B Commerce & Used Merchandise

Orios Venture Partners, an India-based early-stage VC firm floated by serial investor Rehan Yar Khan, announced a new US$150 million fund according to e27. The new fund (Fund II) will primarily focus on startups working in the fintech, B2B commerce, used merchandise and affordable products spaces, as well… Read More

Capify: AUSvance Rebrands, Forms Partnership with Alibaba.com, Lends Capital to Australian SMEs

Capify, formerly AUSvance, will serve as an international conglomerate provider of unsecured alternative finance solutions to SMEs. Capify,  powered by a proprietary technology and analytics platform, today announced its global rebrand aiming to become the most diverse, worldwide alternative SME financing platform. Headquartered in the… Read More

Mara Seaweed Takes its Award-Winning Seasoning to Crowdcube, Quickly Reaping Nearly Half its Goal

Mara produces an award-winning range of shake-on seaweed seasonings – healthy salts – marketed as “Flavours of Scotland.” Best Producer Finalist in 2015 BBC Food & Farming Awards, Mara launched in London’s iconic upscale retailer Harrods in 2014 and is now on sale in M&S… Read More

Merchant Cash & Capital Originates $115M+ in 2Q 2015 Business Financing: Moves Ahead 79% from Q2 2014

Small business alternative lending company Merchant Cash and Capital (MCC) and its family of companies, including the newly launched Bizfi, announced the origination of more than $115 million in business financing in the second quarter of 2015. This represents a 79 percent increase from Q2 2014 and a more… Read More

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