September 21, 2017 @ 10:34 am By Samantha Hurst  |  

On Wednesday, Denmark-based blockchain company OpenLedger announced it has teamed up with MVP Asia Pacific to launch a new blockchain program, OpenLedger MVP Blockchain Innovation. The program is offered to universities worldwide and will have accredited blockchain-based courses and program. The companies explained: “Since cryptocurrencies such… Read More

September 21, 2017 @ 10:14 am By Samantha Hurst  |  

On Wednesday, actress, producer, and humanitarian Salma Hayek launched a crowdfunding campaign on CrowdRise dedicated to her native country Mexico after the devastating earthquakes. Hayek also donated $100,000 to the campaign. The Central Mexico 7.1 magnitude earthquake occurred on Tuesday and has reportedly killed more than 200 people and is considered the most devastating earthquake since the 1985… Read More

September 21, 2017 @ 7:46 am By Samantha Hurst  |  

Reserve Bank of India recently announced it will be classifying peer-to-peer lending platforms as non-banking financial institutions. According to Economic Times, Sudarshan Sen, executive director of RBI, announced that the regulator is currently waiting for the gazette notifications from the central government for the final… Read More

September 21, 2017 @ 7:16 am By Samantha Hurst  |  

On Thursday, Crowdcube alum and moldable glue company Sugru announced the launch of its new family-safe, skin-friendly formula. The brand claimed that the new product is expected to double its pretense in retail by the end of next year. According to Sugru, more than 6,000 retail… Read More

September 20, 2017 @ 3:30 pm By Samantha Hurst  |  

Ultramed, a UK-based health tech company, quickly secured its initial £100,000 funding target just days after launching its equity crowdfunding campaign on Crowdcube. The initiative is now nearing £175,000 from more than 260 investors. Ultramed describes itself as a health tech company that operates a suite of cloud-based pre-operative… Read More

September 20, 2017 @ 2:37 pm By Samantha Hurst  |  

Earlier this month, PledgeMusic announced it has appointed Kevin Kiernan as Head of Artist Solution and Nate Baker as Artist and Label Relations Manager. According to the crowdfunding platform for music, both Kieran and Baker are seasoned music industry professionals that will be instrumental in… Read More

September 20, 2017 @ 1:51 pm By Samantha Hurst  |  

Hyundai Capital America announced on Wednesday it has joined the AutoGravity car shopping and financing platform. Beginning in the state of California, financing through Hyundai Capital America will now be accessible to AutoGravity’s users searching for financing for a Hyundai, Kia or Genesis. Ross Williams, President and CEO… Read More

September 20, 2017 @ 1:28 pm By Samantha Hurst  |  

LendingPoint announced it closed an up to $500 million credit facility arranged by Guggenheim Securities. The company reported it took down $138.5 million of the facility at the closing and on September 15th and it took down an additional $32.7 million.  According to LendingPoint, the… Read More

September 20, 2017 @ 12:09 pm By Samantha Hurst  |  

LendingTree, Inc. (NASDAQ: TREE) announced on Tuesday it has acquired certain assets of Snap Capital LLC, a tech-enabled online platform connecting business owners with lenders offering small business loans, lines of credit and merchant cash advance products through a concierge-based sales approach. While sharing details about the… Read More

September 20, 2017 @ 11:42 am By Samantha Hurst  |  

On Wednesday, Indiegogo announced the launch of Entrepreneur’s Elevator Pitch challenge. The global crowdfunding platform, which is powering Elevator Pitch, revealed that the media outlet has teamed ups tie a group of real investors to put entrepreneurs to the “ultimate” pitch test. “Entrepreneurs have sixty… Read More

September 20, 2017 @ 10:59 am By Samantha Hurst  |  

Fresh-range, the Bristol-based online ethical food retailer, is set to close its equity crowdfunding campaign on Seedrs with more than £450,000 in funding from nearly 375 investors. The campaign was launched earlier this summer, seeking £300,000, which was surpassed within 24 hours. As previously reported, Fresh-range was… Read More

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

Real estate crowdfunding platform PeerStreet announced on Tuesday it was named one of the Top Ten Startups to Work For in Los Angeles. The list was created by Zippia, an online startup career platform. The funding portal revealed in a blog post: “We were proud to be… Read More

September 20, 2017 @ 10:03 am By Samantha Hurst  |  

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Wednesday it has appointed Jotaka Eaddy as its new Vice President of Policy, Strategic Engagement, and Impact. Eaddy previously served as LendUp’s Head of Government Affairs…. Read More

September 19, 2017 @ 3:42 pm By Samantha Hurst  |  

CrowdRise announced on Tuesday its annual holiday giving campaign will be sponsored by Newman’s Own Foundation, with $500,000 in funding and matching donations for participating charities. The Challenge, which launches November 21st, is now accepting charity applications. To provide charities an even greater holiday campaign… Read More

September 19, 2017 @ 3:18 pm By Samantha Hurst  |  

55 Institutional Partners, LLC, a science and technology investment firm, announced on Tuesday it has appointed Paul Gamble as its new CEO. According to the company, Gamble brings 25 years of experience in advisory services, financial technology, retirement planning and investment management. It was also reported that Gamble… Read More

September 19, 2017 @ 3:12 pm By Samantha Hurst  |  

JustGiving, a charity crowdfunding platform based in the UK, recently revealed it has been targeted by fraudsters who have been using the portal for money laundering scams. JustGiving describes itself as the world’s most trusted online giving platform. The platform stated its main mission is… Read More

September 19, 2017 @ 2:17 pm By Samantha Hurst  |  

Global technology distributor Avnet (NYSE: AVT) announced on Tuesday it has teamed up with Dragon Innovation and Kickstarter to launch Hardware Studio. This new program includes Toolkit, a community site where creators may participate in tutorials and live webinars with industry experts before launching their… Read More

September 19, 2017 @ 12:28 pm By Samantha Hurst  |  

UK-based GoCardless has secured £16.6 million during its latest Series D funding round. According to Business Insider, the fintech company attracted funds from various investors, including Access Partners, Balderton Capital, Notion, and Passion Capital.  Founded in 2011, GoCardless describes itself as a next generation payments company… Read More

September 19, 2017 @ 12:10 pm By Samantha Hurst  |  

Just one week after launching his Hurricane Irma Relief campaign on YouCaring, NBA legend Tim Duncan has raised over half of his $5 million funding target. The initiative made its debut after the storm created devastation in Florida and the Carribean. As previously reported, the US… Read More

September 19, 2017 @ 11:56 am By Samantha Hurst  |  

On Tuesday, Indiegogo announced six of its funded projects are now available at retailer Brookstone’s stores and website. The companies formed a partnership less than two years ago. “You came to Indiegogo to find the latest and most innovative products before they go mainstream. But… Read More