January 27, 2017 @ 3:40 pm By Samantha Hurst  |  

In-game advertising platform Giftgaming has returned to Seedrs with a mission to raise £80,000. The website raised £35,000 through its first campaign on the crowdfunding platform just a little over two years ago.  Giftgaming is described as a patent-pending in-game ad service and startup supported by Accelerate… Read More

January 27, 2017 @ 2:37 pm By Samantha Hurst  |  

On Friday, peer-to-peer business lending platform ArchOver announced it is expanding its current “Secure & Insured” lending model by launching “Secure & Assigned” business loans.  According to the lender, the first Secured & Assigned loan will be for Ergowealth, a firm of chartered financial planners… Read More

January 27, 2017 @ 1:47 pm By Samantha Hurst  |  

Canadian multinational bank Scotiabank announced on Friday it is launching what it calls a “Digital Factory” as a way to help accelerate the fintech industry while also helping to improve its customers’ experience in mobile and digital banking transactions, account opening, loan adjudication, and mortgage… Read More

January 27, 2017 @ 12:10 pm By Samantha Hurst  |  

Just one day after its Pillars of Eternity II: Deadfire crowdfunding campaign on Fig, Obsidian Entertainment has successfully secured its $1.1 million funding target for the project thanks to more than 9,700 backers. Obsidian made an appearance on Kickstarter in 2012 to raise $100,000 for the first Pillars of Eternity. The… Read More

January 27, 2017 @ 11:01 am By Samantha Hurst  |  

Venture capital and advisory firm, Nyca Partners (Nyca), announced on Friday its latest venture capital fund received more than $125 million in total commitments. The company reports that over the course of the next 30 months, its founder, former Visa president, and LendingClub chairman, Han Morris,… Read More

January 27, 2017 @ 9:49 am By Samantha Hurst  |  

P2P lending platform Flender has officially closed its successful equity crowdfunding campaign on Seedrs. Originally seeking £500,000, the initiative secured a total of £501,700 from more than 230 investors. As previously reported, Flender is authorized and regulated by the Financial Conduct Authority under Registration Number 657861. The online… Read More

January 27, 2017 @ 8:51 am By Samantha Hurst  |  

Marketplace lender Lendio announced on Thursday the winner of its National Scholarship to Small Business Families. As previously reported, the scholarship national is dedicated to supporting small business owners and their families.  Lendio reported that Julian Miyata, a U.S. Coast Guard member currently attending the University of… Read More

January 27, 2017 @ 7:55 am By Samantha Hurst  |  

Nearly one month after ringing in the new year, Stuart Law, CEO and co-founder of peer-to-peer lending platform Assetz Capital, provided his alternative finance predictions for 2017.  Law’s upcoming year’s predictions come just after Assetz Capital announced it originated £200 million in loans since launching in 2013. As previously reported,… Read More

January 26, 2017 @ 5:40 pm By Samantha Hurst  |  

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced on Thursday its trading statistics and news highlights for 2016. The year’s highlights are the following: Total dollar volume of OTCQX, OTCQB, and Pink securities was $192.9 billion compared… Read More

January 26, 2017 @ 4:26 pm By Samantha Hurst  |  

On Thursday, BJ’s Wholesale Club announced it awarded $100,000 to all classroom projects listed by teachers from Charleston, Summerville, and neighboring communities through DonorsChoose. The funds were from the wholesale company’s foundation and reportedly fulfilled 141 projects and benefited 846 students in 65 local schools. Projects… Read More

January 26, 2017 @ 3:44 pm By Samantha Hurst  |  

Obsidian Entertainment, the video game studio behind the Kickstarter success Pillars of Eternity, announced on Thursday the official launch of its crowdfunding campaign on Fig to raise $1.1 million for the video game’s sequel, Pillars of Eternity: Deadfire. Within a matter of hours, the initiative successfully secured… Read More

January 26, 2017 @ 10:46 am By Samantha Hurst  |  

Russian developer CINEMOOD announced on Thursday the IIDF fund of Moscow invested USD $2.5 million Series A equity. The company created portable mini-cinema projector devices with a content platform for kids and released its second model, which is is a complete platform of hardware and entertainment and… Read More

January 26, 2017 @ 9:39 am By Samantha Hurst  |  

Millennium Trust Company announced on Thursday it finished 2016 with continued growth, bringing the total assets under custody to $20.8 Billion in 527,000 custodial accounts. Speaking about last year’s successes, CEO of Millennium Trust Company, Gary Anetsberger, commented on the firm’s Millennium Alternative Investment Network, which was… Read More

January 26, 2017 @ 9:02 am By Samantha Hurst  |  

FinTech Acquisition Corp. II (NASDAQ:FNTEU), a blank-check company formed for the purpose of acquiring or merging with one or more businesses or entities in the financial technology industry, announced on Thursday it completed its initial public offering (IPO) of 17.5 million units at a price… Read More

January 25, 2017 @ 5:53 pm By Samantha Hurst  |  

Online angel investment platform Propel(x) announced on Wednesday its platform hit a significant growth milestone in 2016 by helping to secure $5.3 million for deep technology and science startups. Sharing details about the milestone, Swati Chaturvedi, CEO and Co-Founder of Propel(x), stated: “2016 was a successful year in connecting… Read More

January 25, 2017 @ 4:39 pm By Samantha Hurst  |  

India’s reward-based crowdfunding platform, Wishberry, announced on Wednesday it secured an undisclosed amount during its Pre-Series A Funding round through LetsVenture. The funding portal revealed that the lead investor was Sharad Sharma from iSPIRT, along with Google’s Rajan Anandan, Amit Ranjan of SlideShare, Alok Mittal from IAN,… Read More

January 25, 2017 @ 3:36 pm By Samantha Hurst  |  

Crowdcube #FundedClub member Monzo announced it not only surpassed 100,000 users, but the users have also successfully spent £100 million. While sharing details about the 100,000th user, Monzo stated: “This year has been pretty exciting so far and today is no exception. We’re proud to announce… Read More

January 25, 2017 @ 3:04 pm By Samantha Hurst  |  

On Wednesday, marketplace lending platform Funding Circle announced changes as to how it prices property loans. The lender revealed that following a recent review of its property loan offering, it is increasing the interest rate on certain property loans and will begin to list some… Read More

January 25, 2017 @ 1:54 pm By Samantha Hurst  |  

Nearly forty years after the release of iconic film, Apocalypse Now, director Francis Ford Coppola has launched a crowdfunding campaign on Kickstarter to raise $900,000 for the action-packed movie’s video game. While sharing details about the video game project, Coppola revealed: “Forty years ago, I set out to… Read More

January 25, 2017 @ 1:12 pm By Samantha Hurst  |  

Invesdor’s CEO Lasse Mäkelä announced on Wednesday that it a great 2016 and revealed during the past twelve months, funds invested and the average campaign round size on its equity crowdfunding platform doubled from the previous year. The 2016 numbers reveal comes just a couple weeks after… Read More